As the competition among sellers is increasing, it is a good time to think about things you can do to maximize the value of your home from Florida Realtors.
Tag: Lakewood Ranch
We saw mortgage interest rates come back down a bit over the last 30 days. The recent change will save new borrowers over $17 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 5.51% as of this week. Last month at this time, they were sitting at 5.78%.
Helping Buyers Win
The infographic below contains tips from the Florida Realtors Association to realtors to help buyers make informed decisions. I thought it would be good to share with you as well.
Closed sales continued their YoY downward trend while new listings continued their YoY upward trend in Manatee in May. That is good news in terms of balancing the market. We still have significantly less inventory than we need to support the current sales volume, but the market is moving giving buyers some leverage.
It looks like we are heading back to a market where sellers will benefit more from forethought in home improvements before selling. Here are some thoughts on appliances in the infographic below.