Mortgage rates have just reached their lowest point in more than a year and a half, and if you’ve been holding off on buying a home, now might be the moment you’ve been waiting for. Even a slight drop in rates can have a meaningful impact on your monthly mortgage payment, but the recent decline is anything but small. As Sam Khater, Chief Economi...

As we step into September, all eyes are on the Federal Reserve (the Fed). With signs of cooling inflation and a slowing job market, the expectation is that the Fed will cut the Federal Funds Rate during their upcoming meeting. Mark Zandi, Chief Economist at Moody’s Analytics, says:      They’re ready to cut, just as long...

In recent years, a significant shift has taken place in how wealth is distributed across generations, and it’s being called the Great Wealth Transfer. Traditionally, wealth was passed from one generation to the next in smaller amounts, often through inheritance or family savings. However, today, the scale of this transfer has increased dramatica...

Over the past few weeks, mortgage rates have decreased by a full percent from their recent highs, presenting a potential opportunity for buyers in our area. Rates have been a major focus in the Sarasota housing market recently, especially given their significant impact on affordability for many home buyers. If you’ve been holding off on making...

If you’re thinking about selling your home in Sarasota, be aware that even though it’s still a seller’s market, choosing the right asking price is as important as it's ever been. While home prices are generally rising, the pace has slowed due to higher mortgage rates impacting buyer demand. Additionally, the number of homes available for sale is...

Should you buy a home now or should you wait? That’s a significant question on many people’s minds today, especially in the vibrant Sarasota market. While the right timing depends on numerous personal factors, here’s something you may not have considered. If you’re able to buy at today’s rates and prices, it may be better to focus on time in the...