The latest Real Estate Market Information from Sarasota Florida shows an increase of Single Family Homes of 18% in 2009 compared to 2008. Inventory on December 31, 2009 is reduced as well by 36% from December 31, 2008.
The following is the inventory of Single Family Homes in Sarasota. A normal market inventory level is 6 [...]
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Nowfly, an International Travel Web Site announces that Sandbar Restaurant on Ann Marie Island near Sarasota, FL is one of the top five beach restaurants in the world. Owner, Ed Chiles was really excited to hear this fantastic news.
Continue reading about Sandbar Restaurant Voted One of Top Five Beach Restaurants In the World.
The Sarasota Florida Real Estate market in July 2009 was substantially healthier than last year at this time, with total unit sales up 29 percent to 595, and the months of home supply on the market once again dropping to levels not seen in three years. There were 450 single family and 145 condos [...]
Continue reading about Sarasota Florida Real Estate Sales Up 29 % In July 2009 Over July 2008.
The Institute for Luxury Home Marketing is dedicated to building skills and relationships for Real Estate Agents who represent Luxury Home Properties. This group represents a select group of agents from across the United States who represent Luxury Homes and provide unique tools to represent those properties.
Reported in the Herald Tribune today that the Baltimore Orioles will start planning for their spring training for the 2010 season in Sarasota, FL. The rebuilding of the stadium is expected to begin in the off season and will take about a year to complete. The Orioles stadium will have the latest features similiar to [...]
The Making Homes Affordable Program (MHA) has a recent update, announced April 28, 2009 by the White House. The program offers addressing the Second Lien Program and Support for Homeowners.
The Second Lien Program will reach 1 to 1.5 Million Homeowners to reduce loan interest, pay for success incentives and a payment schedule for extinquishing second [...]
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There are some really Great Deals for single family homes and condos in Sarasota County Florida. Yesterday, we put an offer in on a Beautiful Single Family Home of 1,800 square feet with 3 Bedrooms, 2 Bathrooms, a Lanai and 2 Car Garage built 3 years ago that sold three years ago for $300,000. There [...]
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March 2009 Real Estate sales of residential and condo properties jumped to new levels offering the best report since 2006. Residential sales increased 80% in year to date sales and total listings dropping 2%. Condo sales increased 88% in year to date sales and total listings dropping 12%. With interest rates at record lows, great [...]
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In February, pending sales of homes and condos in Sarasota, FL rose to the highest level in three years, reaching 782. Clearly, single family homes led the way with 611 and condos reaching 171. This is a 19% increase over January.
As reported last week, two government agencies are proposing plans to attempt to drive the mortgage rates as low as 4.5%. Both the U.S. Treasury and the Federal Reserve have proposed similar plans to help the housing crisis. The idea is that the increased demand for mortgage backed securities would lower the mortgage rates.
