We saw mortgage rates drop a little bit more in the last 30 days. The most recent decrease will save new borrowers an additional $8.19 per month for every $100,000 borrowed. Average U.S. rates for 30-year fixed rate mortgages were at 4.17% as of this week. Last month at this time, they were sitting at 4.31%. We have seen a slow and steady decline since November.
Listed at $356,900, this three-bedroom, two and a half-bathroom home features an attached garage and 2,343 square feet of living space. Enjoy the benefits of Esplanade resort living without the additional golf fees.
The local market for condos and townhomes is continuing its shift. When compared to last year at this time, the market moved towards a buyer’s market across all price points in Manatee and Sarasota counties, with the most extreme movement happening in Sarasota.
This three-bedroom, two-bathroom home features 1,945 square feet and a two-car garage. Listed at only $414,900, you don’t want to miss this one.
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 generally give you a good idea of what to expect.