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Happy Mother’s Day!
Category: Real Estate
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Future Home Sales
Despite home sales hitting a 30-year low, the long-term population growth in the U.S. indicates a likely rebound in homebuying activity soon. With 70 million more Americans today than in 1995, coupled with escalating housing needs, it’s improbable that home sales will stay low for long, despite the current economic complexities.
As a real estate professional, it is easy to forget that not everyone is familiar with the transaction process. I find the infographic below from Florida Realtors to be helpful when familiarizing people with the steps we will go through for a home sale or purchase.
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Decorating Tips for Listings
The pastel pink upholstered sofa you adore may not resonate with many buyers. Similarly, while your fondness for antique decor is commendable, it clashes with the modern aesthetics preferred by many today. Further, I understand your deep connection to your personal belongings and the challenge of storing them away during showings.
Closes sales for single-family homes were down 12% YoY in March in Sarasota County. The continued reduction in sales has brought inventory levels up 77% when compared to the same time last year. While that may seem drastic, it was actually needed to bring the market back into balance. It continues to be a reasonable time to be on either side of a transaction in Sarasota. The infographic below from Florida Realtors contains more information from March.
