Florida Realtors has put together the infographic below to help us understand how to ensure a global transaction in Florida goes smoothly.
Categories
Global Transactions
Tag: real estate agent
Categories
Housing Outlook
Despite some concerns about an impending recession, unemployment rates remain low, which presents a mixed scenario for the housing market. In March, the U.S. saw the addition of over 300,000 jobs, as reported by the Labor Department, reducing the unemployment rate to 3.8% from February’s 3.9%.
Cash sales made up almost 50% of the closed transactions for single-family homes in Sarasota County in February. There is still money moving into this housing market. That said, listings are continuing to outpace closed sales at almost a two to one clip. As overall inventory is just under six months of sales, we are still in a well-balanced market. In other words, it remains a solid time to be either a buyer or a seller in Sarasota County. The infographic from Florida Realtors below contains more information.
The market for single-family homes in Manatee continued its movement towards a buyer’s market in February as new listings outpaced closed sales almost two to one. That said, we are not there yet. The median sales price continues to hold strong and overall inventory is at less than five months of sales. It remains a good time to be on either side of a transaction. The infographic below from Florida Realtors contains more information.
Categories
Property Insurance
For those of us living in Florida, we know that property insurance rate increases have been a real problem. Florida Realtors has put together the infographic below that shows there may be signs of improvement on the way.
