Sarasota Real Estate Market’s peak months for closings are typically March, April, May and June. I am confident our season ahead will show measured growth with continuing stability.
Following last year’s intense weather events, our region experienced a significant disruption in not only our daily lives but they also put an unexpected pause on the real estate market for months. Now that we’ve reached the end of hurricane season, both buyer and seller activity is rising again. And, especially at the luxury tier, […]
I believe the season ahead will experience strong demand for distinctive properties. It is expected that price appreciation will moderate, and we will see continued growth in new listings. Sellers are no longer in the driver’s seat and will need to be strategic and prepared for savvy buyer negotiations.
Since my last report on May’s Sarasota Real Estate Market, the overall landscape has remained relatively stable. Prices are holding steady, inventory levels continue to move the market closer to favoring buyers, and sales are demonstrating resilience. In August, the most recent month for which data is available, there was a notable increase in pending […]
A new buzzword being used by economists and industry experts is “Financial Flexibility” when referring to today’s affluent buyers. Now that prices have stabilized and inventory is rising, buyers in the upper strata are seeking real estate as a valuable investment strategy in our dynamic financial marketplace. Luxury buyers are still in pursuit of investment […]
The ever-evolving buyer behavior is having a remarkable effect on the Sarasota Real Estate Market, and those elsewhere in the country. At all price points, consumers are feeling constrained by economic uncertainty, and in the mid-markets affordability is keeping many buyers on the sidelines with mortgage rates continuing to hover near 7%. In our area, […]
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Michael Saunders & Company
440 Gulf of Mexico Drive
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