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Home Buying Home Selling Real Estate

Sarasota & Manatee County Single Family Homes – 1st Half of 2018

We saw a very solid real estate market for single family homes in the first half of 2018 in both Manatee and Sarasota counties. Between the two counties, almost $3 billion worth of homes sold from January through June. The table below shows some of the highlights from the first half of this year.

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Home for Sale Real Estate

For Sale on Old Summerwood in Sarasota!

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.

kitchen of the home for sale at 1731 old summerwood

Categories
Mortgages Real Estate

The Latest Local Mortgage Market Statistics

The latest mortgage statistics show higher levels of delinquencies this year. Both short-term delinquency rates (30 days late) and more serious delinquencies (90 days plus late) are up when compared to the same period last year. However, foreclosure rates continue to be lower than they were last year.

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Mortgages Real Estate

Mortgage Rates Have Flattened Out

We saw mortgage rates stay essentially flat again last month after a rapid rise to start this year. Average U.S. rates for 30-year fixed rate mortgages are currently at 4.54%. At the end of last month, they were sitting at 4.55%. While it is great to see upward momentum reverse for the time being, the general forecast continues to be for a slow continued rise over the rest of the year.

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Home for Sale Real Estate

For sale at 16515 Hillside Circle, Lakewood Ranch

Listed at $485,000, this 3 bedroom, 2 bath home includes a 2 car garage in Country Club East, Lakewood Ranch. We’ve combined America’s #1 builder with America’s 4th best-selling community to offer this amazing brand-new pool home. With a laundry list of builder upgrades that will please and impress every buyer and views that define the perfect Florida outdoor living!