Bolstered by first time homebuyers taking advantage of the $8,000 tax credit, the sale of previously-owned homes was up 9.4% in September. “Much of the momentum is from people responding to the first-time buyer tax credit, which is freeing many sellers to make a trade and buy another home,” explains National Association of Realtors chief […]
Obama Administration officials have unveiled a plan to aid state and local housing finance agencies that provide mortgages to first-time and lower-income homebuyers and enable the development or rehabilitation of rental properties. The measure will enable housing agencies in all 50 states to provide lending directly to families and enable the development or rehabilitation of […]
While an extension of the November 30, 2009, deadline for the homebuyer tax credit is actively being considered, it’s not a done deal quite yet. In the meantime, it bears noting what the first time home buyer tax credit has done and continues to do for the real estate market. Almost 50% of all houses […]
I have been tracking the listing and sales volumes for years in our local market. While the statistics from the Sarasota Association of Realtors will show greater numbers, I track the data of the following zip codes 34201, 34202, 34228, 34229, 34231, 34232, 34233, 34234, 34235, 34236, 34237, 34238, 34239, 34240, 34241, 34242, 34243, 34275 […]
There were 22 homes sold this year in our neighborhood, Bird Key, compared to 34 in all of 2008, 32 in 2007 and 18 in 2006. The year to date sales volume is $19,700,000 compared to $46,000,000 in 2008. The main reason being that there has only been one sale this year of a substantial […]
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Longboat Key, Florida 34228
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Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228