While I will be getting into June results for Manatee and Sarasota counties soon, I thought it would be good to start with an update on the U.S. overall. The information below is from the National Association of Realtors.
Tag: real estate agent
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Home Selling Updates
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.
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%.
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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.
Sarasota County is moving towards a balanced market in lockstep with Manatee. However, it has a longer way to go to reach that balance. At the current pace, it looks like Sarasota County is a few months behind Manatee in reaching an equilibrium. That said, conditions are very fluid. For now, sellers still hold most of the cards in SFH transactions in Sarasota.
