The Sarasota and Manatee county markets for condos & townhomes remain disconnected for luxury homes. While buyers have the leverage in condos & townhomes over $600k in Manatee, that isn’t the case in Sarasota. In fact, the more expensive the condo in Sarasota, the more likely the transaction will favor sellers.
Tag: real estate
Before you decide to move, it is important to do a little self-reflection and homework on where you are going. Here is a checklist of things to think about before that “For Sale” sign goes up in your yard.
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.
Property taxes are vital for funding schools, libraries, police departments, fire departments, and public works like roads and parks. However, that doesn’t mean we enjoy paying them. If you are seeing them creep up in your area, here are five reasons that might be to blame and a few things you can do about it.
Although the luxury single family home market ($1M+ homes) is much better balanced this year than last, it is still a strong buyer’s market in both Manatee and Sarasota counties. Markets are generally considered in “balance” when there is about six months of inventory for sale at the current pace of home sales. When the inventory gets greater than that, buyers tend to have more leverage than sellers in negotiations.