In Sarasota, Florida for the month of February 2011, the real estate sales for Single Family Homes and Condominiums increased by 24.2% in February 2011 compared to January 2011. The number of available properties for sale in the Sarasota real estate market has dropped to a six-year low in February 2011. Compared to total sales of [...]
We are often asked by Buyers, if the property that they are considering is at the lowest price to purchase based upon the Market Conditions. So much of what is read in the media today, states that the market in Florida is continuing to decline. In the Sarasota Market we are experiencing a rapid recovery. [...]
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 [...]
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.
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.
October 2008 Real Estate Sales in Sarasota Florida increased 32% over September 2008 and a 12% increase over September 2007. The best news Sarasota has seen in 18 months.
The Sarasota, Florida Real Estate Market is turning the corner and moving forward toward a normal market. Recent statistics show that the rate of absorption of homes listed has moved from 146 weeks to 100 weeks of supply. Also reported is that the sales pace is rising from 60 homes sold per week last winter to now [...]
Sarasota Realtor Magazine reported that,”Home sales in the Sarasota MLS for April 2008 stood at 567, the highest level in 10 months, and approximately 72 percent higher than the sales January 2008. In 2008, sales have been progressively stronger month by month, possibly due to the influence of the new property tax portability law adopted in [...]
The Department of Commerce stated on Friday that housing construction in April increased by 8.2% to a seasonally adjusted annual rate of 1.03 million units. Apartment construction increased by 36%, while construction in the single family sector fell by 1.7%. Treasury Secretary Henry Paulson added on Friday that “financial markets are considerably calmer now than [...]