The single-family home market in Manatee County is continuing to move in a healthy direction. Both inventory and sales volume are up over 10% year-on-year. With inventory rising somewhat quicker than sales, we are in a position of having inventory at over three months of sales. As we are in our busy season, it couldn’t come at a better time. The market still favors sellers a bit, but it is balanced enough to give both buyers and sellers negotiating leverage. The infographic below from Florida Realtors gives more details.
Tag: real estate agent
Your Home Buying Advocate
Buying a home is generally one of the most significant investments people ever make. The National Association of Realtors put the infographic below together to help everyone understand how real estate agents advocate your interests in home purchases.
As we adapt to the new mortgage interest rate landscape in 2024, it’s anticipated that many homeowners will focus on renovating their existing homes. This approach allows them to retain their low mortgage rates while enhancing the comfort, livability, and convenience of their properties. Below are key home improvement trends to watch for in 2024:
In-Law Suites: With the trend of not purchasing larger homes, adding spaces for in-laws, adult children, or even nannies is gaining momentum. Homeowners are exploring various options such as accessory dwelling units (ADUs), guest houses, or garage apartments to expand their living spaces.
Using a Realtor for Homebuying
The infographic below from Florida Realtors does a nice job of laying out why utilizing a real estate agent will make your next home purchase easier. With over a decade of helping people buy and sell homes, one thing I can say for certain is that the process isn’t cookie-cutter. Every transaction brings its own twists and turns, so working with someone that can navigate through those turns makes a difference.
Features That Sell Homes
As the competition level for home sales is increasing in our area, I thought I would share the infographic below from Florida Realtors. If you are wanting to put your best foot forward with a home sale, you might want to consider an upgrade or two before listing your property.