A Great Time to Buy Sarasota Area Real Estate! Why is now a great time to buy? If you are considering purchasing Real Estate in Florida for the long term, then now is the time. Property Appreciation continues and even if it drops back to 10% per year, in 5 years you will see a 50% appreciation in Real Estate. If you continue to wait, you may be priced out of a Real Estate purchase in the Sarasota Area!
The Sarasota Area is the Place to Be!
As professionals, we know how to help you purchase Your Florida Lifestyle!
Now the three County News …….
In Sarasota County. The Closed Sales increased +0.4% over the previous month. New Listings increased +3.3% and the Inventory Level increased to 0.9 months (less than 1 month) of Inventory. Remember 6 months of Inventory is considered a Balanced Market. Year to Date Median Price increased +24.1% from the previous year. Days on Market decreased to 17 Days. Sold Price to List Price slightly up to 102.1%.
Manatee County. The Closed Sales decreased to -1.9% over the previous month. New Listings decreased -1.6% and the Inventory Level same at 0.8 (less than 1 month) months of Inventory. Year to Date Median Price increased +31.0% from the previous year. Days on Market decreased to 12 Days. Sold Price to List Price increased to 101.5%.
Charlotte County. The Closed Sales increased +3.7% over the previous month. New Listings decreased -5.3% and Inventory Level increased slightly at 1.0 month of Inventory. Year to Date, Median Price increased +34.5% over the previous year. Days on Market decreased to 15 Days. Sold Price to List Price decreased to 100.5%.
Look at the graphics with the Real Estate Activity by County in Manatee, Sarasota & Charlotte Counties. Great Interest Rates from High 4% to Low 5%!
Different types of Loan Products are available including:
- FHA 100%
- Bank Statement Program for Self Employed
- FHA 96.5% – Down to 580 Credit Score
- USDA 100% Loans – 620 Credit Score
- VA – 100% Financing
- FHA Streamline Refinance
- W-2 Only Program
- Condo Financing
- International Buyer Financing
Each person qualifies for a loan differently and your interest rate could be different. APR is not quoted, but available. Different programs are available with low down payments. Call me to see what your rate is.
Still Great Interest Rates! What are you waiting for?
We can help you with an REO/Bank Owned, Short Sale, Normal Sale, or New Home Sale. Do not miss your opportunity!
Call Kym at (941) 400-9420 or Helen at (941) 400-9489 to help you find Your Florida Lifestyle!
Published on 2022-05-29 17:52:26
