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News Story
Updated: 01/29/2017 08:30:01AM

Real Estate market was great in 2016

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ON THE HOMEFRONT

Norman and Mandy Elliott

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There are a lot of things people didn’t like about the year 2016, but the real estate market wasn’t one of them.

Home values continued to rise, leaving the bust of a decade ago firmly in the past, and the market was strong.

For the Elliott Team, it was a record-setting year. Our team finished the year with 144 transactions for more than $18 million in gross sales — leading the county by more than $5 million over the nearest competitor. All of those sales were residential properties in Highlands County.

For that, we thank the customers who trusted our team to help guide them through the one of the most important decisions they will ever make. Buying or selling a home can be a stressful time, and we are honored that so many of you turned to us to help you accomplish your goals.

We also want to thank our other team member, senior buyer specialist Matt Nelson, for helping us have a record year. We are looking forward to an even better 2017.

Forecasts point to continued growth in the real estate market in 2017. Fortunebuilder.com reports that the National Association of Realtors expects prices for existing homes to rise around 4 percent, but other sources are predicting an even bigger jump. Floridarealtors.org says that new home sales in the state should grow 10 percent and new home starts will rise by 3 percent.

Part of our mission in the upcoming year is to keep Highlands County residents informed about the real estate market, which is why we are launching this monthly column in the Highlands News-Sun. Future columns will be filled with information that both buyers and sellers — and those who are trying to decide if the time is right for them to join the market — need to make the best decisions for them.

We will talk about things to do to get your home ready to sell, tips to help you find the perfect home for you and other topics that anyone who owns a home or is planning to buy one will find useful.

Our next column will be about the Homes for Heroes program, a charity organization that gives back to first responders, active and retired military, teachers and health care workers with cash at closing or reduced fees. We are proud to be a part of this program.

Until next time, if you want to reach us, call Mandy at 863-273-2861, Norman at 863-443-0480 or email TheElliottTeam@gmail.com. You can also visit www.ElliottTeam.com or stop by the Century 21 Advanced All Service Realty office at 1843 U.S. 27 North in Sebring.

Mandy Elliott has been a licensed real estate agent since 1995. She and her husband, Norman, started the Elliott Team in 2010.


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