Boomers Now the Largest Share of Home Buyers
Baby boomers account for 42% of all home buyers, while millennials fall to 29% (down from 38% from one year ago), NAR said. Multigenerational home buying is rising....
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WELCOME! Ocean Real Estate is a boutique brokerage firm centrally located in downtown Sarasota, Florida to serve key luxury markets. Combining an incredible network of premier clientele with a thoughtful and dynamic approach to each sale, Ocean ranks in the top echelon of agents. We are exclusively dedicated to representing properties located downtown, West of Trail and the beautiful islands of Siesta Key, Bird Key, Longboat Key, Lido Key and St. Armandโs Key.
Our company is powered by seasonal professionals with an intimate knowledge of the local community, its history, culture, local concerns and eclectic neighborhoods. The entire Ocean team is committed to setting a high standard of excellence in our industry leading to extraordinary performance. More importantly, we believe the most fundamental part of a real estate transaction is the development of a long-term relationship with YOU. A relationship that doesnโt end at closing!
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Rates Expected to Move Lower in 2025, 2026
Fannie Mae forecasts mortgage rates at 6.3% by year-end 2025, boosting home sales slightly. Rates may drop further, encouraging more buyers off the sidelines....
Read MoreHow Long Should You Wait for Rates to Drop?
Mortgage rates remain near 7%, frustrating some buyers who expected lower costs. Experts say waiting for a big drop may not pay off, as small declines are likely....
Read MoreHow Seasonal Demand Affects Florida Rent Prices
Florida rental prices fluctuate with seasons โ rising in winter for snowbirds, dropping in summer. Renters can save by timing leases, while owners adjust for demand....
Read MoreParents Are Paying Their Adult Kids' Bills
Many parents help cover rent and home purchases as young adults struggle to afford living independently. About one-third of 18- to 34-year-olds still live at home....
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