Interest rates and their effect on the Manatee and Sarasota housing market

10 year Treasury yield

It’s hard to believe that almost 1 year ago I was talking about the rise in interest rates and their effect on the real estate market here in Manatee and Sarasota counties.  Interest rates were running about 4.5-5%, and were the topic of all the news blogs, TV news stations included.  At that time I […]

Live a cool and relaxed life in Lakewood Ranch

Music on Main Lakewood Ranch FL

Spread over Manatee and Sarasota Counties in Florida is a master-planned community called Lakewood Ranch. It spread over an area of 31000 acres and considered one of the best places to live in Florida. Tucked in the southwest part of Florida, Lakewood Ranch is a community where people from all parts of the country are […]

4 options when you get multiple offers on your property.

Multiple Offers

A multiple offer situation arises when a seller receives competing offers from two or more prospective buyers to purchase the listed property. The market conditions for multiple offers generally occur when there is a high demand for properties and a low inventory of listings or when the property is being sold by auction or a […]

Longboat Key Condos for Sale: Live life King Size

Longboat Key Condo

Located in Sarasota and Manatee Counties of Florida is the coastal town of Longboat Key. Famous for its white sandy beaches, tons of palm trees, refreshing sea breeze, and fantastic weather conditions all year round, Longboat Key is considered a highly desirable place to live in Florida. Longboat key is both a town and a […]

The Bay, Sarasota’s new Bayfront Area

The Bay has raised $8m in funding for the first phase of the new public park that is slated for Sarasota’s bayfront area.  The area encompasses 53 acres of prime waterfront grounds.  The first phase will create a 10-acre park starting at Hwy 41 and continuing along Boulevard of the Arts to the bayfront.  The […]

Will a rise in interest rates slow housing sales?

Interest rates are still relatively low compared to the last 40 years.  In 1980 we purchased our first home and paid 15% interest on our mortgage, and as I look back at that purchase I’m still amazed. Our only concern at that time were the monthly payments;  that purchase was the perfect starter home for […]