Sarasota Real Estate News
Sarasota
25,000 Florida Homes at Risk of Storm Surge Damage from Hurricane Helene
As Hurricane Helene nears Florida's Gulf Coast, property data firm CoreLogic estimates approximately 25,000 homes are at risk of flooding due to storm surge.
Florida, Texas Condo Supply is Piling Up as Sales Slow
According to Redfin, condo prices are falling in major Florida and Texas metros as inventory piles up and buyers back off. This comes as high HOA fees and insurance costs make condos a tough sell.
Florida Condo Prices Falling as Insurance and HOA Fees Skyrocket
Based on new data from national property broker Redfin, prices of condos in major Florida metros are dropping year-over-year in early 2024, as sales decline. New condo listings inventory is soaring as sellers try to offload their properties.
One-Third of U.S. Home Sellers Give Concessions to Buyers
Based on new data from Redfin, U.S. home sellers gave concessions to buyers in 35% of U.S. home sales during the three months ending Oct. 31, 2023. That's about the same as one year earlier, but up from 27.6% from two years ago.
