According to CoreLogic, Florida has shown the 2nd highest year on year home price appreciation amongst U.S. states. It trails only Arizona (28.3% vs 27.9%) based on the most recent data. See the graph below for the results by state.
Tag: home buying
The infographic below shows the latest results for single-family home sales in Sarasota County. Like Manatee, the current challenge that is the most difficult is the active inventory level (which is way too low).
This infographic shows a snapshot of single-family home sales in Manatee County in January. The active inventory figure continues to be the most troubling in our market.
Categories
Home Buying Thoughts
The following chart from Florida Realtors shows some typical home buying costs you may not have thought about. Let me know if you have any questions.
U.S. home prices soared at their highest rate on record last year. Most economists saw that price growth as simply unsustainable. Virtually every forecaster predicted home price growth would slow significantly this year.