The narrowing inventory of homes in the Sarasota real estate market is becoming the most hotly reported news recently. My last several posts have cited data that indicates a very real drop in available, move-in-ready properties and the effect the situation is now having on housing prices is quite significant. The current level of inventory […]
This residence, located in the gated community of Treymore in Palm Aire, is authentic Florida quiet elegance. The custom 2,387 square foot Rutenberg home design in pristine condition has many upgrades and boasts an open and bright interior including volume ceilings. A welcoming circular paver brick drive and walkway lead to the front entry with […]
The news of our area’s continuing upward momentum in sales, narrowing spread between list and sale price, listings turning over more quickly, contraction in inventory keeps coming, and 30-year mortgage rates at all-time low levels. My own experience is that all of the above is absolutely accurate however, as we all know, we have just […]
As has been persistently reported over the last few months, improvements are being seen nationally in “shadow inventory”. The recent Standard & Poor’s comprehensive First Quarter Shadow Inventory Update again points to the hyper-local nature of the clearing of this considerable segment of the housing market. The Sarasota real estate market seems to be faring much […]
There have been many recent expert and analyst reports offering significant support for the belief that housing prices are at or near “the bottom.” This attached article appeared today and it is yet another well-reasoned suggestion that what I and my peers have been conveying these last several months as a likely bottom to the price retreat, is […]
This updated and furnished ground floor condominium in Peppertree Bay on Siesta Key has beautiful views of the Intracoastal Waterway. My listing, sold in just 90 days of being on the market, had 2 bedrooms and 2 baths with enclosed lanai. It was beautifully remodeled including kitchen with granite counters, tile floors, baths, interior […]
This home exemplifies the ultimate casual Florida lifestyle in a beautiful Key West style located in the quiet haven of Longboat Village on Longboat’s northern end. There are gorgeous views of the bay, with sunrises, the Intracoastal water way and beyond to beautiful Jewfish Key from both the interior and large terrace of the home. The […]
National GDP reports and consumer confidence levels were released over the weekend. One area where experts noted there was a considerable impact on our economy was from residential home building, said to have increased 19.1% over prior year and the largest increase in two years. Today’s local news reported that building permits for single family […]
501 Harbor Point Road, Longboat Key, FL A beautifully designed custom built spacious residence in the exclusive gated community of the Harbor section of Bay Isles with endless details and extraordinary beauty inside and out make this property a must-see. This gracious Country French style manse of more than 6,000sf includes a living room, […]
As reported in my recent postings, the 2012 winter/spring selling season in Sarasota continues to feed cautious optimism among leading analysts and experts. The Sarasota real estate market showed signs of continued modest improvements in its March activity. Statistical evidence of a strengthening of the real estate market was seen in both the National and […]
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Michael Saunders & Company
440 Gulf of Mexico Drive
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