Bradenton Real Estate

April 24, 2013

Housing Starts Pass 1 Million Starts for First Time in Nearly Five Years

housing reportHousing Starts Pass 1 Million Starts for First Time in Nearly Five Years

Freddie Mac recently released its U.S. Economic and Housing Market Outlook for April showing that despite the ongoing housing recovery and gains on the construction jobs front, large economic headwinds persist. For example, the stubbornly high unemployment rate serves as a reminder of just how far the economy needs to go to get back to a healthy level. A short preview video and the complete April 2013 U.S. Economic and Housing Market Outlook are available here.

Housing starts were up 47 percent from March 2012 to March 2013, passing 1 million starts for the first time in nearly five years.
The pace of construction job growth has been accelerating in recent months. Over the past year, net construction job growth represented 8 percent of all job gains, while in the last six months it represented 15 percent.

Projecting an increase by $100 billion in refinances in 2014 to account for additional Home Affordable Refinance Program volumes with its extension through 2015.

Projecting residential originations, including single-family and apartments, to be nearly $2 trillion in 2013.

Supported by low mortgage rates, expect total homes built in 2013 to come in at the fastest pace since 2007.

“Until aggregate unemployment decreases substantially we will not experience robust growth. Construction employment is showing signs of life, which should help to improve the overall macroeconomic picture,” says Frank Nothaft, Freddie Mac vice president and chief economist.

“Housing construction is starting to pick up, but is well below historical averages. Supported by low mortgage rates we expect more homes to be built in 2013 than in any year since 2007. This increased construction employment should continue to help bring down the overall unemployment rate.”

Freddie Mac compiles data on major economic, housing and mortgage market indicators and offers forecasts based on those indicators.

For more information, visit www.FreddieMac.com.

The Serena Group ~ Keller Williams Realty of Manatee

is here for you!  Contact Us Today!

Reprinted with permission from RISMedia. ©2013. All rights reserved.

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April 25, 2012

Bradenton, Sarasota, Manatee and Sarasota County, Real Estate, Market Report, News, Information

Bradenton, Sarasota, Manatee and Sarasota County,

Real Estate, Market Report, News, Information, Article

presented by  Bradenton, Sarasota, Manatee and Sarasota County, Real Estate, Market Report, News, Information

bradenton, sarasota, real estate, market, report, reports, article, articles, news                bradenton, sarasota, realtor, realtors, real estate, agent, agents, services

Contact The Serena Group for more information

about buying or selling a home in the Bradenton, Sarasota,

Manatee County, and Sarasota County areas of Florida!

February 8, 2012

Bradenton, Manatee County, Real Estate, News, Statistics, and Market Report

Welcome to the Latest Issue of The Serena Group Newsletter!

As a real estate professionals, we strive to keep in touch with our clients providing them with information that we hope they will find useful.

This newsletter is an opportunity to let you know about the state of the market & current trends. It may even touch on ways that you could enhance your home’s value.

We hope the market data & articles will help you with understanding real estate today & help you with your real estate decisions. If you have any questions, please do not hesitate to contact us!

Robert Serena ~ Team Leader ~ 941.928.1248

Trend, Tips & Tricks

Manatee County in Florida Real Estate Sales Data

Average Listing Price (last 12 months)

Average List Price in January

Single Family Homes $444,390 Condos/ Townhomes $308,539 Multi-family $325,437

Home Improvements and Which Ones to Do

Home Improvements and Which Ones to Do

Whether you plan to sell in the near future, or just want to improve the value of your home, here is one low cost improvement you should consider. Give your home curb appeal!
Landscape the front yard. If the bushes are overgrown, the birds are dining on grubs in your lawn, and dandelions are the only flowers in the front yard, perhaps it’s time to get out the gardening tools.
Landscaping today doesn’t mean three evergreen bushes on the right and three evergreen bushes on the left. There are dozens of choices of plant materials that can add color and style to your front yard. Stop by your local landscaping center – they’ll have lots of ideas for you. Know the measurements and layout of your yard so a landscaper can advise you on how many plants or supplies you need.

Manatee County in Florida Real Estate Sales Data

Days on Market (last 12 months)

Current Average Days on Market in January

Single Family Homes 176 Condos/ Townhomes 207 Multi-family 288

Monthly Trivia articles

February

Valentine’s Day (February 14) has been associated with romantic love for centuries, but modern day Valentines are often expressions of non-romantic love. Originally celebrated on All Saint’s Day in May, Valentine’s Day was moved to February in the 1400s.
February is named after the Latin word februare (to purify), in recognition of the Roman festival for forgiveness of sins on February 15. But not for sins committed on Valentine’s Day as the Roman festival was many centuries before Valentine’s Day moved to February.
The birth flower for February is the Violet or the Primrose. The modern birthstone is the Amethyst (security, sobriety, spirituality and wisdom) and the traditional birthstone is the Onyx (relaxation and comfort).

Manatee County in Florida Real Estate Sales Data

Price Reduction (last 12 months)

Recent Price Reductions in January

Single Family Homes 6.4% Condos/ Townhomes 6.3% Multi-family 11.8%

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short sale and foreclosure resource for home sellers and home buyers
Our team leader, Bob Serena, has completed the necessary education & training necessary to obtain his SFR (Short Sale & Foreclosure Resource) REALTOR® Designation.Not familiar with that acronym? What does that mean to you?It simply means that Bob has taken the time, energy, & expense to further educate himself on how to provide home buyers (as well as home sellers) with the very best real estate service with respect to Foreclosures & Short Sales.REALTORS® who have earned the SFR (Short Sale, Foreclosure Resource) certification know how to help home buyers pursue short sale & foreclosure opportunities. SFR Agents know the best ways & strategies to negotiate with lenders, protect buyers, & limit risk for their clients involved in short sale and foreclosure transactions.
Please use the form below to let us know how we might assist  you with your Real Estate plans!

September 11, 2011

Bradenton, Sarasota, Real Estate, Homes for Sale, Market, Reports, and Sales Data

Welcome to the latest issue of The Serena Group Newsletter!

As a real estate professionals, we strive to keep in touch with our clients providing them with information that we hope they will find useful.

This newsletter is an opportunity to let you know about the state of the market & current trends. It may even touch on ways that you could enhance your home’s value.

We hope the market data & articles will help you with understanding real estate today & help you with your real estate decisions. If you have any questions, please do not hesitate to contact us!

Sending our best,

The Serena Group
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Trend, Tips & Tricks

Manatee County in Florida Real Estate Sales Data

Average Listing Price (last 12 months)

Average List Price in August

Single Family Homes $423,080 Condos/ Townhomes $304,510 Multi-family $323,619

Words, Words, Words

How well do you know some of the different words used to describe people working in Real Estate? Do you know what these mean?

contingency
A condition that must be met before a contract is legally binding. For example, home purchasers often include a contingency that specifies that the contract is not binding until the purchaser obtains a satisfactory home inspection report from a qualified home inspector.
escrow
An item of value, money, or documents deposited with a third party to be delivered upon the fulfillment of a condition. For example, the earnest money deposit-which shows serious intent to buy- is put into escrow until delivered to the seller when the transaction is closed.
prime rate
The interest rate that banks charge to their preferred customers. Changes in the prime rate are widely publicized in the news media and are used as the indexes in some adjustable rate mortgages, especially home equity lines of credit. Changes in the prime rate do not directly affect other types of mortgages, but the same factors that influence the prime rate also affect the interest rates of mortgage loans.

Manatee County in Florida Real Estate Sales Data

Days on Market (last 12 months)

Current Average Days on Market in August

Single Family Homes 186 Condos/ Townhomes 228 Multi-family 290

Monthly Trivia articles

September

September is a time of harvests, leaves changing colors and back to school, but don’t forget September 19th is international “Talk Like a Pirate Day”.
September is named after “septem” which is Latin for “seventh month” (the first month in the Roman calendar is March).
The birth flower is Forget-Me-Not, Aster, or Morning Glory. The modern birthstone is Sapphire (loyalty, sincerity, truth and commitment) and the traditional birthstone is Lapis (protection and understanding).

Manatee County in Florida Real Estate Sales Data

Price Reduction (last 12 months)

Recent Price Reductions in August

Single Family Homes 6.9% Condos/ Townhomes 6.5% Multi-family 14.1%

An Easy Furniture Fix – Without Calling an Expert

Revive your wicker

Wicker furniture can be a challenge to clean. But that’s no reason to pay a professional. Here are some insider tips:
1. Use a vacuum cleaner with a brush attachment to lift dust, dirt and lint from within the woven reeds.
2. Wipe wicker with a clean cloth moistened with paint thinner (first try a little thinner on an inconspicuous spot to make sure it does not harm the finish). For stubborn stains, lightly rub with a green pot scrubber moistened with paint thinner.
3. To bring up the sheen on wicker, apply furniture wax with a clean cloth.

September 2, 2011

Bradenton, Manatee County, REO, Foreclosures, Bank Owned, and Short Sale, Sales, Data, Market Reports, and Information

View this document on Scribd

For a market overview and commentary on these statistics… CLICK HERE!

April 18, 2011

Real Estate, Market, Reports and Statistics, for Manatee County, FL

Whether you’re in the Real Estate market as a home buyer or a home seller, it is especially important, in the current real estate climate,  to be educated on the local market activity.

Here are:  Real Estate, Market, Reports and Statistics, for Manatee County, FL.

Real Estate, Market, Reports and Statistics, for Manatee County, FL

February 7, 2011

Median Price per Sqft for Single Family Properties in BRADENTON, FL

The median price per square foot for single family homes in Bradenton, FL is $116 as of February 7, 2011.
Follow the link below for a history of this statistic.

Median Price per Sqft for Single Family Properties in BRADENTON, FL.

February 2, 2011

Real Estate, Statistics, Market Report, for Manatee County, Florida

Real Estate, Statistics, Market Report, for Manatee County, in Florida. February 2011.

View this document on Scribd

October 11, 2010

Bradenton, Sarasota, Florida, Real Estate Information for Home Buyers, and Real Estate Investors

If you’re trying to decide if you should jump into the ‘Real Estate’ game to purchase a real estate investment or residence for your family or whether now is the right time to buy a home… Take the time to read the digital ‘book’ below.

It covers the following 7 Reasons for jumping now!

  1. Home affordability is at an all time high
  2. Mortgage rates are historically low
  3. Home prices are starting to trend upward
  4. Home sellers are motivated by ‘buyer’s market!’
  5. Financing is readily available for well qualified buyers
  6. The ‘Owning vs Renting’ ratios are increasing in favor of owning
  7. It’s still the dream of most people to own their own home!

When you’ve finished reading the ‘book’ contact THE SERENA GROUP with questions, comments, or requests for further assistance… We’re here when YOU’RE ready to buy!

View this document on Scribd

October 7, 2010

Bradenton, Manatee County, Real Estate, Bank Owned, Distressed Property, Foreclosure, Short Sale, Statistics, Reports

 

Bradenton, Manatee County, Real Estate, Distressed Property, Foreclosure, Short Sale, Statistics, Report

Click to enlarge!

 

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