Florida Realtors has put the infographic below together to help us with things to consider prior to taking the plunge.
Tag: Sarasota County
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Mortgage Interest Rate Update
Mortgage interest rates have trended downward over the past 30 days, leading to potential savings for new borrowers of approximately $19 per month for every $100,000 borrowed. As of this week, the average U.S. interest rate for 30-year fixed-rate mortgages stands at 6.49%, down from 6.77% a month ago. However, forecasts for future interest rate changes remain mixed.
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Benefits of Home Ownership
The main reasons to own your home are timeless. The infographic below from Florida Realtors lays out some of the most important ones.
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Using a Buyer’s Agent
The infographic from Florida Realtors, below, explains some of the main reasons to use a buyer’s agent for your next home purchase.
The single-family home market in Sarasota County has shifted even more towards buyers than in Manatee County. That said, it is still in relative balance. We should be keeping an eye on new listings versus closed sales as it won’t take too many more months like June before buyers start to have more leverage than sellers. For now, it remains a reasonable time to buy or sell in Sarasota. See the infographic below from Florida Realtors for more.
