Whether you are looking to buy, sell or invest in real estate, it is important to understand market conditions. Real estate is hyper-local, with market dynamics changing from subdivision to subdivision. However, county trends will give you a good idea of what to expect.
Category: Home Selling
Although the luxury single family home market ($1M+ homes) is much better balanced this year than last, it is still a strong buyer’s market in both Manatee and Sarasota counties. Markets are generally considered in “balance” when there is about six months of inventory for sale at the current pace of home sales. When the inventory gets greater than that, buyers tend to have more leverage than sellers in negotiations.
Categories
The Power of Neutral
Most of us arrange our homes to express ourselves – our travels, families, favorite colors and unique tastes. However, when selling a home, the goal is to create just the opposite – a clean, neutral background that appeals to several different types of potential buyers. They should feel that they could fit right in and be comfortable in your house. You can help to create this feeling inexpensively by simply neutralizing your home before putting it on the market. Here are some tips to do just that.
Categories
Home Selling Essentials
There are a lot of things to do in order to ensure we get our homes sold fast and at the right price. Fortunately, most of them take little effort and many don’t cost anything. While this list isn’t all inclusive, it should give you a great start.
While I focus most of my time on what’s happening in Manatee and Sarasota counties, it’s also important to follow the broader real estate trends. Overall, the real estate market in the United States is seeing significant price increases. Over the past 12 months, average sale prices for homes have risen by 6.7%.