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.
Tag: real estate
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.
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.
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!