Listed at $795,000, this three-bedroom, three-bathroom home features 3,246 square feet of living space. Enjoy classic style and country club living in this well-constructed residence built by Anchor in University Park Golf and Country Club, a community known for its scenic golf vistas, lush landscaping, expansive lake views, and mature live oaks.
The answer to the headline is more complicated than you think. Thomas Ooten at Kessler Real Estate Financial Services has done a nice job of providing a high level explanation of what has happened in March. You can see what he wrote by clicking on this link.
When you look at his reasoning, you can see the outlook for mortgage rates in the near team is volatile. Not surprisingly, I can say the same about the real estate market as well. If you have any questions about our local market, I am here to help.
Arrive by boat or by car! Homes with front and back bay views on Siesta are rarely available. Listed at $5,925,000, this five-bedroom, six-bathroom home boasts 7,443 square feet and six garages.
Listed at $925,000, this three-bedroom, three-bathroom home features 3,080 square feet of living space. This sought-after Pallazio floor plan is now available in Esplanade, Lakewood Ranch’s premier resort-style community.
While the luxury single family home markets ($1M+ homes) in both Sarasota and Manatee counties are strong buyer’s markets, they look better for sellers this year than last. The most significant movement for sellers is in Manatee County where the months of available inventory has dropped over 40%.
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.