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Home for Sale Luxury Homes Open House Real Estate

Open House – Sunday, November 3rd from 1-4 PM

Offered at $1,749,000, this 4,369 square foot three-bedroom, five-bathroom home with four-car garage sits on an acre lot. Surrounded by exquisite natural beauty of century old oak trees and impressive pines in the gates of Concession Golf Club, this professionally furnished model home is available for immediate move-in. The Concession features 236 custom homesites over 1,200 acres. For more, click this link.

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Home Buying Home Selling Mortgages Real Estate

Mortgage Interest Rates Are Slowing Climbing

We saw mortgage interest rates continue to creep upwards in the last 30 days. The recent increase will cost new borrowers an additional $6.22 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 3.75% as of this week. Last month at this time, they were sitting at 3.64%. The slow and steady decline since November 2018 has halted for now.

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Open House Real Estate

Open House Today from 1-4 PM

You won’t want to miss this charming practically new home. Listed at $349,900, with three bedrooms, two bathrooms, and an office, this 2018-built home offers upgraded flooring in the main living area, a designer kitchen with large island, a walk in pantry, stone countertops, a café dining area, and a great room with large sliders that open up to a covered lanai overlooking a beautiful and peaceful lake. Click the picture for more information.

 

Categories
Home Buying Home Selling Luxury Homes Real Estate

Local Luxury Home Market Update

 

The luxury single family home market ($1M+ homes) is more of a seller’s market in Manatee County this year than last; however, it is relatively flat in Sarasota County. 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
Home for Sale Real Estate

Featured Listing – 8345 Lindrick Lane in the Concession Golf Club

Offered at $1,749,000, this 4,369 square foot three-bedroom, five-bathroom home with four-car garage sits on an acre lot. Surrounded by exquisite natural beauty of century old oak trees and impressive pines in the gates of Concession Golf Club, this professionally furnished model home is available for immediate move-in. The Concession features 236 custom homesites over 1,200 acres.