April 16, 2025 - 13:00

A condominium in Regent Place on Longboat Club Road has emerged as the standout sale of the week, fetching an impressive $3.9 million. This notable transaction underscores the continued demand for luxury properties in the Longboat Key area, which includes prestigious neighborhoods such as Lido, St. Armands, and Bird Key.
The recent sales activity reflects a robust real estate market, characterized by high-end properties attracting discerning buyers. The allure of waterfront living, combined with the luxurious amenities offered in these communities, has made them highly sought after.
In addition to the Regent Place sale, several other properties in the area have also seen significant transactions. The trend indicates that buyers are eager to invest in prime real estate, driven by factors such as low inventory and favorable mortgage rates. As the market evolves, it will be interesting to see how these dynamics continue to shape the landscape of residential real estate in this picturesque region.
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Today's Mortgage Rates, Sept 17: 30-Year Fixed Stays Above 7% After Fed's First Hike in 3 YearsThe average rate on a 30-year fixed mortgage moved higher on Sept 17, reaching 7.01 percent after the Federal Reserve announced its first rate hike in more than three years. The increase marks a...
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Wallace Real Estate supports Knox Heritage Scruffy City SoiréeWallace Real Estate threw its support behind Knoxville`s history and the push to protect its one of a kind spaces by serving as a table sponsor for the 2026 Knox Heritage Scruffy City Soiree. The...
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Number of homes sold fell in 7 out of 8 ZIP codes in The Woodlands area this AugustThe Woodlands area saw a broad slowdown in home sales this August, with seven of eight ZIP codes recording fewer transactions than the same month a year earlier. The data points to a market that...
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A Fed Rate Increase Could Challenge Housing's New NormalEconomists widely expect the Federal Reserve to raise its benchmark interest rate by 25 basis points at its upcoming meeting, a move that could ripple through a housing market still adjusting to...