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’ve been watching for. The tables are slowly starting to turn back towards the buyers for these beautiful new construction homes. As the numbers start to trickle in for September, about 20% of homebuilders say they are already decreasing their prices some more! Check out the details from this Yahoo Finance article by Clicking Here.
Over 4 years, I’ve been a multi-million dollar top producer with topnotch marketing, sales, and—above all else—a vast network and resources to achieve your real estate goals. I am a second generation Sarasotan and I love this city! I have since learned the intricacies of each neighborhood, each having its own unique and interesting history. Real estate is my true passion and I have built lasting relationships with many happy and satisfied clients. Let me be your local expert and help guide you through the market and process I know best. Let’s get on a call if you or someone you know is interested, my direct line is 941-284-0283.