Enjoy wonderful time and food with your families this holiday weekend!
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Tag: Sarasota County
Sarasota County is moving towards a balanced market in lockstep with Manatee. However, it has a longer way to go to reach that balance. At the current pace, it looks like Sarasota County is a few months behind Manatee in reaching an equilibrium. That said, conditions are very fluid. For now, sellers still hold most of the cards in SFH transactions in Sarasota.
It looks like we are heading back to a market where sellers will benefit more from forethought in home improvements before selling. Here are some thoughts on appliances in the infographic below.
Mortgage rates surged to their highest level since 2008 after the Fed’s rate hike. According to Freddie Mac, the 30-year fixed mortgage rate rose to 5.78% from 5.23% the previous week. In addition to increasing the amount buyers will pay to borrow for their mortgage, higher interest rates lower their purchasing power.
Increase the appeal and value of your property by planting some of the trees identified in the graphic below.
