SARASOTA, Fla. (September 19, 2024) – The REALTOR® Association of Sarasota and Manatee (RASM) has released its August 2024 real estate market report, detailing key trends across the Sarasota and Manatee counties. Based on data compiled by Florida Realtors®, the report highlights a decline in closed sales and median sales prices, along with an increase … Continue reading August RASM Stats
The Perfect Fit
Why a Condo Could Be Your Perfect First Home If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to … Continue reading The Perfect Fit
New Construction Essentials
Why an Agent Is Essential When Buying a Newly Built Home For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market. As Builder Online says: … Continue reading New Construction Essentials
The Long Run
Why Buying Now May Be Worth It in the Long Run Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your … Continue reading The Long Run
Don’t Fall For It
Don’t Fall for These Real Estate Agent Myths When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes. As you figure out who you’ll partner with, it’s important to know … Continue reading Don’t Fall For It
Hurricane Milton Update
Dear Friends and Neighbors, As Hurricane Milton makes its way toward our area, I just wanted to reach out to say that my thoughts are with each of you. I truly hope that you and your loved ones are safe and well-prepared for whatever this storm may bring. Please take every precaution to protect yourselves … Continue reading Hurricane Milton Update
Renting?
Buying Beats Renting in 22 Major U.S. Cities That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has improved significantly. When you add all of that … Continue reading Renting?
Sweet Spot
This Is the Sweet Spot Homebuyers Have Been Waiting For After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long. So, … Continue reading Sweet Spot
Selling Your House Quickly
Secrets To Selling Your House Quickly Seeing your house sit on the market without any bites is the ultimate frustration. And unfortunately, some sellers are in that tricky spot today. According to data from the National Association of Realtors (NAR), the average time a house spends on the market has increased over the past few years (see graph below): A recent post from Realtor.com notes … Continue reading Selling Your House Quickly
Builder Trends
The Latest Builder Trend: Smaller, Less Expensive Homes Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these things can be a big help if you’re … Continue reading Builder Trends