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.
It looks like we have an upcoming item on the ballot that can impact our property taxes. Florida Realtors has put together the infographic below to help us understand it.
The infographic below from Florida Realtors provides tips on ensuring your next home purchase is successful.
Housing inflation has remained relatively high even as overall U.S. inflation has significantly cooled from pandemic-era peaks. Economists point to this slow decline in housing costs as the main factor preventing the consumer price index (CPI) from reaching policymakers’ targets. Housing accounts for 36% of the CPI, the largest share compared to other categories like food and energy, as it is the biggest expense for the average household. Consequently, movements in shelter prices have a significant impact on inflation readings.
Here are some tips from Real Simple and Florida Realtors on how to sell your home more quickly. With inventories higher than we have seen in a while, putting your best foot forward is important when trying to sell your home.
