Tag: real estate agent

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Home Buying Home Selling Real Estate

Manatee County Single-Family Home Market Update

The market in Manatee County appears to have settled in at a relatively balanced place for now. Although there is still less than 4 months of inventory available, it is more than double what we had a year ago. Buyers and sellers are both in a position to negotiate to get balanced deals in today’s market. I tend to like these markets as real estate professionals can truly make a difference for their clients for both home buyers and home sellers. The infographic from Florida Realtors below has more detail on the market through June.

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Home Buying Real Estate

Buying Right

The infographic below from Florida Realtors provides tips on ensuring your next home purchase is successful.

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Home Buying Real Estate

Housing Inflation

Housing inflation has remained relatively high even as overall U.S. inflation has significantly cooled from pandemic-era peaks. Economists point to this slow decline in housing costs as the main factor preventing the consumer price index (CPI) from reaching policymakers’ targets. Housing accounts for 36% of the CPI, the largest share compared to other categories like food and energy, as it is the biggest expense for the average household. Consequently, movements in shelter prices have a significant impact on inflation readings.

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Home Selling Real Estate

Home Selling Tips

Here are some tips from Real Simple and Florida Realtors on how to sell your home more quickly. With inventories higher than we have seen in a while, putting your best foot forward is important when trying to sell your home.

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Home Buying Home Prices Real Estate

Sarasota County Single-Family Home Market Update

While there is a little more market movement in Sarasota County than Manatee County, the overall story is pretty consistent between both counties. Inventories are up, but not enough to swing us to a buyer’s market. Instead, balance rules the day. That said, at the current rate of change, we may be calling another buyers’ market before the next peak season in Sarasota. Now is a good time to be on either side of a transaction as there is some leverage to be had by both sides.