While sales for 2012 look to be on par with the final year of the boom year in 2005, an interesting dynamic has taken hold with respect to financing. Even with good credit, substantial assets, and lower prices, cash sales are higher than ever …
We indicated in April our belief the Sarasota real estate market had bottomed based on solid market numbers. In our report of the “High 5” sales at the time, there was clear movement in the …
Sarasota real estate sales continue to demonstrate a somewhat predictable pattern as in past years. We continue to notice each monthly low during the summer to be higher than the previous year's low. Contracts being written …
Sarasota - August 2012 saw a modest uptick in foreclosure and short sale closings. Initial foreclosure filings have dropped by over 20% month over month. Looking back through the past couple of years, there have been at least 200 more filings than sales per …
May 27, 2012 - Sarasota, FL - There are a lot of industry reports saying that now is the time to buy. Most times I have looked on some of those suggestions with a degree of pessimism. I understand why these reports generally have a positive spin on given …
Sarasota, FL - Even the most pessimistic Sarasota real estate market observer would have to say that all the signals looking forward are green. April 2012 succeeded in surpassing the total number of units sold, the average cost per square foot, and the average …
Foreclosure filings have been on a steady upward trend this year since a rather anemic 2011. It would be accurate to say the number of initial filings recorded at the Sarasota clerk of the court’s office are up as much as 100% percent in …
It is often said the upper end of the real estate market in Sarasota leads the overall market. If that is so, the bottom may already be in our rear view mirror. There have been 33 sales over over one-million dollars through April …
Last month I had an offer on one of my Sarasota listings that came in at about 80% of asking. Now, I don’t blame buyers for coming in with low offers on listed properties. It’s just the nature of what a buyer will do in today’s …
Real estate transactions can be one of the more stressful processes any one can go through. As with many of life's experiences, stress often comes from the unknown. There are so many people involved and tasks that need to be accomplished to find, negotiate, …
