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.
Tag: home selling
We saw mortgage interest rates continue to trend higher in the last 30 days. The recent change will cost new borrowers another $13.50 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 3.69% as of this week. Last month at this time, they were sitting at 3.45%. Of course, both are historically low.
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.
Home Selling Tips
I know homes are selling fast today; however, you will want to put your best foot forward when listing your house. Here are some tips from Florida Realtors.
Virtual Showing Tips
With virtual showings becoming a higher percentage of showing than ever before, I thought it would be good to highlight these tips from Florida Realtors.