While I focus most of my time on what’s happening in Manatee and Sarasota counties, it’s also important to follow the broader real estate trends. Overall, the real estate market in the United States is seeing significant price increases. Over the past 12 months, average sale prices for homes have risen by 6.8%.
Tag: real estate investing
The Sarasota and Manatee county markets for condos & townhomes are currently moving in lockstep. Both markets are Seller’s markets for condos & townhomes priced below $400,000, Balanced markets for condos & townhomes priced between $400,000 and $600,000, and Buyer’s markets above $600,000.
Whether you are looking for a family home or to invest in a rental property, you don’t want to miss this one. This newly renovated, Morrison-built home is centrally located in the distinguished neighborhood of Summerwood. Listed at only $425,000, this property is sure to move quickly.
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Finding Your Florida Home
Finding your next home in your community can be challenging. When you add hundreds or even thousands of miles to the equation, it becomes significantly more complicated. Though long-distance house hunting has its unique challenges, it’s not impossible. In fact, we help people with it every day. With modern technology, it’s never been easier to buy a house remotely. Here are a few critical factors to keep in mind when you find yourself in a home search from afar.
Whether you are looking to buy, sell or invest in real estate, it is important to understand market conditions. Real estate is hyper-local, with market dynamics changing from subdivision to subdivision. However, county trends will give you a good idea of what to expect.