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Why is our market in Sarasota/Manatee so strong?

  • -New construction, buyers love the new amenity rich lifestyle communities developers are building throughout our area
  • -Economy, our employment rate has fallen from a high of 11.2% in December 2009 to 3.6% October 2017
  • -Interest rates are hovering around 4%
  • -Lending programs offered for first time buyers are aiming to assist with down payment assistance with as little at 3% down or less in some cases
  • -Homeowners have equity in their homes and can buy a vacation home, rental property or downsize
  • -Jobs, our area is bringing in all kinds of employment opportunities for young professionals and retirees as a result of our increase in population

 

We simply do not have enough inventory in most areas to meet the demand of buyers, therefore prices continue to increase