It’s the beginning of February and here in Sarasota there’s nothing but blue skies, warm temperatures, and it’s our happy season! This year started off just as hot as the previous two years with the lowest inventory numbers on record, and home value continues to increase. Our housing market has been on a meteoric rise in value and potential profitability – similar to the overall projectory of Sarasota. We are having our moment.
This season is shaping up to be one for the record book, and as inflation begins to drop, consumers can expect mortgage rates to soon follow. I don’t have a crystal ball but although there may be a slow down or two in our overall activity, long term the quality of life in Sarasota only gets better and better.
If you, or someone you know, are considering the purchase or sale of Sarasota real estate, please contact me, and thank you for your referrals.