I fully expect that by the 3rd quarter of this year we will be in an all-in growth mode. And then inflation will begin to rise. My hope for housing is that the 10-year yield will be at least 2% by year’s end. We do not need hyper-low mortgage interest rates. This is not a recessionary market. Just the opposite. We need [...]
Published February 18, 2021
As most of you know, I’ve been a real estate attorney for over 40 years, a Realtor for the past 10. I find I am using every skill set I have acquired in my lifetime, in navigating the current housing market frenzy. The temptation to sell a home on your own is great. It seems so easy. But don’t be [...]
We are blessed to live in an area which for most of us is well positioned to withstand the aftershock of this pandemic. Fortunately, the number of people moving to Florida has only increased. The Annual National Migration Study by United Van Lines reported that in 2020 Sarasota was #2 “move in” metro [...]
Single Family & Condo Sales Report in Sarasota County
Home Sales: The economic story of the year.
Man plans, G-d decides. We get comfortable and begin to think we are in control or at least some degree of control in setting the agenda for our lives. Then the unexpected happens. Geopolitical/economic events. Reality steps [...]
Home prices reach an all-time high.
14 Years! It has been a slow, steady, uphill crawl to get back to pre-Great Recession prices.
This past quarter, August – October 2020, the median sold price of all homes (single family, condo and villa) nosed ahead of the previous all-time high, in early 2007. It has taken 14 years for home [...]
