The increase in Sarasota real estate sales and especially the reduction in inventory remain hot topics. With statistics for the area’s April transactions recently released, it is hard not to continue to be optimistic about the housing market recovery in our region. Key details collected from the Sarasota Association of Realtors data revealed that April […]
This prime location corner three-bedroom condominium directly overlooking the gulf and community swimming pool was on the market for less than six months before being sold for $1,000,000. Beachplace is one of the most sought-after condominiums on Longboat Key for its wonderful amenities including Jr. Olympic size pool, Jacuzzi and children’s pool, three tennis courts, grand clubhouse […]
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 […]
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Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228