Mortgage Rates Drop: A Boost for Homebuyers and Homeowners Looking to Refinance In a welcome turn of events for prospective homebuyers and those looking to refinance, the average rate on a 30-year mortgage has fallen to 6.47%, down from 6.73% just last week. This marks the second consecutive weekly drop, bringing rates to their lowest … Continue reading *Mortgage Rates DROP!*

Why the Sandwich Generation Is Buying Multi-Generational Homes Are you a part of the Sandwich Generation? According to Realtor.com, that’s a name for the roughly one in six Americans who take care of their children and their parents or grandparents at the same time. If that sounds familiar to you, juggling all the responsibilities involved certainly must have … Continue reading Multi-Gen

Should You Rent Out or Sell Your House? Figuring out what to do with your house when you’re ready to move can be a big decision. Should you sell it and use the money for your next adventure, or keep it as a rental to build long-term wealth? It’s a question many homeowners face, and the answer … Continue reading Rent or Sell

How the Economy Impacts Mortgage Rates As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead. One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While the Federal Reserve (the Fed) doesn’t directly … Continue reading Economy Impacts

A Newly Built Home May Actually Be More Budget-Friendly If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes … Continue reading Budget Friendly

Why a Foreclosure Wave Isn’t on the Horizon Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their mortgage payments. But, does … Continue reading Foreclosures

Unlocking Homebuyer Opportunities in 2024 There’s no arguing this past year has been difficult for homebuyers. And if you’re someone who has started the process of searching for a home, maybe you put your search on hold because the challenges in today’s market felt like too much to tackle. You’re not alone in that. A Bright MLS study found some of … Continue reading Unlocking

SARASOTA, Fla. (July 23, 2024) – The REALTOR® Association of Sarasota and Manatee (RASM) released its monthly market report detailing the real estate trends for June 2024. According to the data compiled by Florida Realtors®, the data highlights a trend towards a more balanced market across both counties, with increasing inventory levels and more moderate … Continue reading June Market Stats