If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why [...]
Dear Friends,
I hope everyone is doing well! I am closely monitoring the storm that is now a hurricane out in the Gulf of Mexico. Hurricane Idalia is expected to parallel the gulf coast where we are expected to begin feeling its effects later today and into Wednesday. [...]
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, [...]
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a historically [...]
Posted by: Communications Department on Tuesday, August 22, 2023
In July 2023, real estate activity in the Sarasota and Manatee region reflects nuanced trends between the two counties. According to data from Florida REALTORS® and compiled by the REALTOR® [...]
Some homeowners have been waiting for months to put their house on the market because they don’t think people are buying homes right now. If that’s you, know that even though the housing market has slowed compared to the frenzy of a couple of years ago, it isn’t at a standstill. Contrary to what you may believe, buyers are still active and plenty of homes are selling right [...]
Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the complexities of buying a home that’s under construction can also be a bit [...]
Wondering if it still makes sense to sell your house right now? The short answer is, yes. Especially if you consider how few homes there are for sale today.
You may have heard inventory is low right now, but you may not fully realize just how low or why that’s a perk when you go to sell your house. This graph [...]
ORLANDO, Fla., Aug. 17, 2023 – Barbara A. Milian, PA with Michael Saunders & Company in Lakewood Ranch, FL attended this year’s annual Florida Realtors® Convention & Trade Expo held Aug. 16-17, 2023, at Rosen Shingle Creek resort in Orlando, [...]
