Buying

Buying The 5 D’s That Drive Today’s Real Estate Market—and How to Navigate Them Like a Pro In today’s crazy real estate environment, marked by fluctuating mortgage rates and limited housing inventory, many homeowners are reluctant to sell. Many sellers are “locked in” at historically low mortgage rates from 2020 and 2021 and are unwilling to switch to new loans with higher interest rates. As a result, transaction volumes have declined from […]
Buying August 2024 Sarasota and Manatee Real Estate Market Update In August, both Sarasota and Manatee real estate market continued to shift. Summer slowdowns and post-pandemic adjustments playing a key role. The latest data reveals key trends for buyers and sellers. Here’s what you need to know. Key Market Highlights: Closed Sales: Closed sales of single-family homes and condos fell in Sarasota and Manatee counties, […]
Buying Understanding Mortgage Rates: What Sarasota Buyers Need to Know Understanding the Sarasota real estate market, especially factoring in mortgage rates, can be tricky. As an experienced real estate agent in Sarasota, I aim to simplify things and help you decide wisely. Let’s dive into the current landscape of mortgage rates and what it means for you as a home buyer in Sarasota. Current Mortgage […]
Buying Florida Real Estate Disclosure Laws: What Sellers Must Tell You Imagine buying your dream home, only to find hidden issues the seller didn’t mention. Florida’s disclosure laws protect buyers from these surprises, ensuring transparency and fairness. This post will explain what sellers must disclose in Florida and how these laws benefit you as a buyer. What Must Sellers Disclose? In Florida, sellers must disclose known […]
Buying What Homebuyers Need to Know About Florida’s New Flood Disclosure Requirement Starting October 1, 2024, a new law goes into effect in Florida that directly impacts homebuyers and sellers across the state. If you’re planning to buy a home soon, especially in an area prone to flooding, this could be crucial information. What Is the New Flood Disclosure Requirement? The new law requires all sellers of […]
Buying What’s Cheaper in 2024? Buying vs. Renting in Sarasota! If you don’t know whether its cheaper to rent or buy in 2024 do this quick calculation. Do what some property investors do and use the Rent-to-Vale (or RV ratio) ratio to help you decide. (insert picture) This compares rental yield to property value and is calculated for an area by dividing the median monthly […]
Buying Covid-19’s Lasting Impact on Home Prices in Sarasota As we all know, Covid-19 has significantly influenced home prices from 2020 onwards, and we’re still navigating through its aftereffects. The scale of change, however, is quite astonishing: Pre-Covid Trends (May 2014 – May 2020): Sarasota County (SC): Home prices surged by 31%. Manatee County (MC): Prices climbed by 42%. This period saw historically low […]
Buying What to Expect Once You’re Under Contract So, you’ve found your dream home and negotiated the price. Congratulations! But now the real work begins. Earnest Deposit First, you’ll need to pay your earnest deposit to the escrow agent within three days of the sales contract being signed by both parties and delivered to the other side. Depending on the value of the […]
Don't Miss Our Next Post
Subscribe Now