Tag: real estate

Manatee County Market Update

Post author By Bridgett Byzewski
Post date December 29, 2022

We continue to move closer to market balance in Manatee County after a lengthy run of sellers holding most of the cards. Inventory levels are up to almost 4 months of sales (6 months is considered in balance between buyers and sellers). As the price point rises, inventory levels shift more towards buyer leverage. We are now entering our peak season in Florida, so the next few months will be telling as to the market direction. The infographic from Florida Realtors below has the latest results from November.

Tags Bradenton, home buying, home selling, Lakewood Ranch, Manatee County, real estate, real estate agent, realtor

Home Buying Home Selling Real Estate

More on Forecasting

Post author By Bridgett Byzewski
Post date December 21, 2022

Florida Realtors has put together this infographic on one way to predict the future of real estate. While this is oversimplified, it does capture the basics of supply and demand. If you have more questions about today’s market, reach out any time.

Tags Bradenton, home buying, home selling, Manatee County, real estate, real estate agent, realtor, Sarasota, Sarasota County

Home Prices Home Selling Real Estate

The Sunshine State

Post author By Bridgett Byzewski
Post date December 13, 2022

It may seem like rooftop solar should be a no-brainer in Florida; however, it really isn’t that simple. I know several people who have moved from the northeast where they had rooftop solar. With all of the extra sunshine in our state, it would seem that if it worked there, it should work here. Unfortunately, it is not that simple. Most of the time, state sponsored incentives made solar economically viable in their last home. Without the incentives, the financial benefits just wouldn’t materialize. Those incentives just don’t exist to the same level in Florida. The infographic below from Florida Realtors shows some starting questions to ask here before you make a decision.

Tags Manatee County, real estate, real estate agent, realtor, Sarasota County

Home Buying Home Selling Mortgages Real Estate

Growing Optimism via Mortgage Rates

Post author By Bridgett Byzewski
Post date December 6, 2022

We have just experienced the largest three-week drop in mortgage rates in 14 years. The rate reduction appears to be signaling that the Federal Reserve will slow its pace of short-term interest rate hikes. That said, the reduction in rates has not yet increased the number of mortgage applications. Rather, they continue to decline.