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Home Buying Home Selling Real Estate

Congratulations to Sotheby’s International Realty!

Did you know that our Florida team facilitated over $9.5 billion in sales last year?

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Home Decor Real Estate

Fall Decor Ideas

With temperatures in the sunshine state finally beginning to dip below eighty degrees, more than ever this year it is beginning to feel like fall. Along with cozy sweaters and pumpkin spice lattes, this season calls for a shift in your typical décor. Living in a state where most trees will not be changing colors, what better way is there to make every day feel like autumn than adding those warm red, orange, yellow and brown tones to your home? Here are a few simple, inexpensive ways to spice up your house for the season.

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Home Buying Home Selling Mortgages Real Estate

Mortgage Interest Rates Are Slowing Climbing

We saw mortgage interest rates continue to creep upwards in the last 30 days. The recent increase will cost new borrowers an additional $6.22 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 3.75% as of this week. Last month at this time, they were sitting at 3.64%. The slow and steady decline since November 2018 has halted for now.

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Home Buying Home Selling Real Estate

Is It Time To Buy A Condo?

 

The local market for condos and townhomes is continuing its shift. When compared to last year at this time, the market moved towards a buyer’s market across most price points in Manatee and Sarasota counties, with the most extreme movement happening in the luxury space in Sarasota. The exceptions (where the market is more of a seller’s market this year) are below $400,000 in Manatee and from $600,000 to $999,999 in Sarasota.

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Home Buying Mortgages Real Estate

Mortgage Interest Rates Are Lower Again

We saw mortgage interest rates drop a little bit more in the last 30 days. The most recent decrease will save new borrowers an additional $1.71 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 3.81% as of this week. Last month at this time, they were sitting at 3.84%. We have seen a slow and steady decline since November 2018.