Although the luxury single family home market ($1M+ homes) is much better balanced this year than last, it is still a strong buyer’s market in both Manatee and Sarasota counties. 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.
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Price Reduction in Esplanade
Enjoy the benefits of Esplanade resort living in this 3 bedroom, 3 bath condo. With almost 2,400 square feet of living space, this is a rare opportunity to own a “non-golf-bundled” home in one of Lakewood Ranch’s most sought-after communities.
Although the Florida Public Service Commission opened the door for significantly more residential rooftop solar in Florida last month, make sure you do your homework before walking through it. While I am a big fan of solar power, I am a bigger fan of people protecting their pocketbooks.
The idea of living a simplified life sounds attractive to many of us. We have thought about the benefits of owning fewer things (less to clean, less to organize, less stress, more money and more energy). We are often ready to declutter, but we get tripped up with where to be begin.
The latest mortgage delinquency statistics show that Hurricane Irma is continuing to disrupt local mortgage repayments this month. Both short-term delinquency rates (30 days late) and more serious delinquencies (90 days plus late) are up year on year. Although we have yet to see a foreclosure spike, it sure still looks like it is coming.