2012 set a record as affordable homes were sold and interest rates low. http://rotonda.suncoasteam.com/2013/01/11/housing-affordability-sets-a-record-in-2012 … Keep reading... about Home owner affordability
Home Buying and Selling
HOME SALES SURGE IN FLORIDA
According to a report by the Florida Association of Realtors, sale of single family homes in the state was up 24.4% in November 2012 as compared to November 2011. The median sales price for Florida single-family homes in November 2012 was $150,000, up 11.2% from a year ago. In Charlotte County, FL, there were 240 single family homes sold in November 2012 with a median price … Keep reading... about HOME SALES SURGE IN FLORIDA
What is that house worth?
In a study conducted by HomeGain and reported by the Florida Association of Realtors, 75% of homeowners homeowners think their home is worth more than their agent’s recommended list price. Meanwhile, 63% of home buyers say homes are overpriced. Statistics from November, 2012 of homes sold in Charlotte County, FL show that the Average Selling Price as a % of List Price for all … Keep reading... about What is that house worth?
Sarasota Housing Market: November 2012
By: Andy Richardson, REALTOR, Suncoasteam Realty Contact Andy: 941-276-5997, car@suncoasteam.com The Sarasota housing market continued its positive trend in November of 2012 and is on pace to see the fourth highest number of annual sales in its 90 year history. November 2012 sales, which totaled 764 properties, was an astounding 29% increase over the 602 sales in November … Keep reading... about Sarasota Housing Market: November 2012
Cost of New Construction Rising
According to a report from the National Association of Home Builders, the cost of building a new home is rising far faster than inflation. The price of construction lumber is up over 30% from a year ago. Interior wallboard and cement are also increasing in price. These increases will push up the cost of building a new home significantly. As a result of the expected increase … Keep reading... about Cost of New Construction Rising