Strong Residential and Condominium Sales were reported in May, continuing the strong sales of the previous months in Sarasota. In May, Residential Properties sold were 298, while Condominium Properties sold were 215. These sales were across all price bands with the largest concentration in properties under $500,000. Higher end properties are also actively selling while [...]
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One area on the Gulf Coast of Florida is having a building resurgence because of the market for short term rentals. Anna Maria Island has issued more building permits than in 2005. The reason is that so many people are coming to the Gulf Coast for short term rentals, where they can have enough room [...]
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Lakewood Ranch located in Sarasota & Manatee Counties with a population of approximately 14,000 announced sales in the first two months of this year were record-breaking for the community. There were 77 new home sales and reservations in January and February, totaling more than $5.3 million in new lot sales. In the same period for 2010, [...]
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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 sold [...]
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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 [...]
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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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During the last two weeks Helen and I have been attending classes in Sarasota to complete our GRI (Graduate Realtors Institute) Certification in Real Estate. This certification offers a wealth of knowledge in real estate to those realtors who pursue the GRI certification and provides the customer with a more knowledgeable, professional agent. One of our instructors, Steve [...]
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