Sarasota Luxury Real Estate News

A Market Expert Talks About Trends

A Market Expert Talks About Trends

In a recent special section the Sarasota Herald Tribune, columnist Chris Angermann interviewed me about how I see our housing market evolution.  The article is attached in its entirety below. As I have reported previously, with the peak selling season behind us we are cautious as we enter the shoulder/summer to not over-speculate that growth will remain at the […]

Sarasota Real Estate Market Review for April 2012

Sarasota Real Estate Market Review for April 2012

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 […]

SOLD – Longboat Key Beachplace Condominium

SOLD – Longboat Key Beachplace Condominium

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 […]

Sarasota Housing Inventory Drain?

Sarasota Housing Inventory Drain?

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 […]

And The Momentum Carries On…

And The Momentum Carries On…

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 […]

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