IN 2023, EXPERTS SAY BUY INSTEAD OF RENT
A leading market expert panel is making a big call for 2023. Two major factors are leading a experts The Federal Reserve's recent interest rate increase had some intended consequences throughout the ...
Blog
Mortgage rates dipping played a key role in increased new home sales
For a short period in August, mortgage rates dipped into 5%. This led to a big jump in new home sales month over month. Experts say these lower interest rates made more buyers jump into a contract. In addition, those buyers who have been pri...
NEW HOMES ARE SELLING FAST, BUT WITH MORE INCENTIVES THAN BEFORE
August was a great month for new home builders. New homes saw an unexpected jump in sales this past August. However, due to high inventory levels and mortgage rates, we also saw a huge dip in the average sell prices. These are the signs we’...
SRQ AIRPORT EXPANSION AND UPGRADES UNDER WAY
Construction work has begun at improving the popular SRQ Airport. When completed, five new gates will be created via a new ground boarding facility. Construction teams are racing to get it completed by October of 2024. Until then, the existi...
COMMISSIONERS NEED TO DECIDE ON EXTRA PROPERTY TAXES
With the boom in home sales in 2021, county commissioners will be faced with a good problem (or bad depending on how you view taxes). The adjusted property taxes for all the home sales means double digit increases in potential spending for cou...
JP MORGAN SETS EXPECTATIONS FOR HOUSING MARKET FOR NEXT COUPLE YEARS
As the United States battles inflation concerns, JP Morgan has analyzed the major markets to try and predict potential downturns. Overall, their report indicated our area had a slight tendency for a price correction, however it was not indicat...
BUYING? THE BIDDING WAR HAS SHIFTED IN YOUR FAVOR AGAIN
Sellers are beginning to retreat in the housing market bidding wars. For the first time since March 2021, buyers have not been forced into paying over asking price. This is a big deal as we are seeing some leverage finally return to buyers in ...
WHAT TO LOOK FOR IN THE FINAL WALK THROUGH
Closing day is always an exciting time for my clients. The idea of walking into their dream home is thrilling. However, I always work with my clients on the days prior to closing to complete a final walk through of the property. These are cr...
DISCOVER SARASOTA IN A NEW WAY WITH THESE NARRATED TOURS
Here is an exciting way to learn more about the area. Whether you are new to the area or a local you are bound to have some fun and learn something new with Discover Sarasota Tours. Hop aboard their air-conditioned trolley for a narrated tour....
COUNTY IDENTIFIES PROJECTS FOR AMERICAN RESCUE PLAN ACT FUNDING
Sarasota County continues to identify allocations for major projects associated with the American Rescue Plan Act. The $84.2 million is primarily going towards acquiring affordable housing units, water quality improvements, salary payments for...