New Numbers from the National Association of Realtors Show that sales of previously owned homes fell 1.2 percent in January from the month before. It was the third consecutive monthly decline. Among the country's four major regions only the Northeast saw an increase in sales activity.
In addition to rising inventory, home price increases were the slowest in six years and home were on the market for an average of 49 days. That is longer than it was at the same time last year, when most listed homes were selling in just 42 days. Essentially, spring home buyers may find buying conditions to be more favorable than expected.
NAR President, John Smaby, said that slower sales is good news for buyers."Decelerated sales and increases in inventory will work in favor or potential home buyers, putting them in a better negotiating position heading into spring months."
I have found my "Slice of Heaven" I look forward to you finding your!
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Author:Kathy Toonder Phone: 941-544-7270 Dated: March 3rd 2019 Views: 1,594 About Kathy: I enjoy walking the warm sandy beaches, swimming and watching the magnificent sunsets on Florida’s...
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I enjoy walking the warm sandy beaches, swimming and watching the magnificent sunsets on Florida’s Gulf Coast. Thirty years ago I came from Michigan to the Sarasota area to enjoy the beaches of the Sunshine State. The “Beach Communities” Longboat Key, Lido Key, Siesta Key and Casey Key are what draw everyone to make Sarasota their home!
Sarasota the “Cultural Capital” of Florida attracts homeowners that want more than just a beach experience. Sarasota and Manatee communities with the growth of new housing maintain their elegant but laid back style. It is a great place to make it your home to be able to enjoy lush natural environment and the amenities of a modern city.
I became a home owne r in Lakewood Ranch an award winning 17,500 acre site that provides a beautiful master planned, maintained and golf community. Get the picture: blue waters, white sand, plenty of sun, blue skies, fabulous food, casual outdoor dining, amazing fishing, play golf, boat races, music and art festivals….
My focus is to best understand the goals and visions of my clients, ensuring all decisions are made with a wealth of information and the necessary tools for a successful, rewarding experience.
I have found my “Slice of Heaven” I look forward to you finding yours!