Steep drops in housing inventory are being reported throughout many regions of the country, but it is no more significant than right here in Sarasota. Recent data from in the June 20, 2012 TrendGraphix report released by Michael Saunders & Company revealed inventory statistics that placed available properties at their lowest levels in seven years. As reported […]
The biggest question on everyone’s mind that follows real estate is, “Will the Recovery Continue?” If our regional results are any indication, the answer is a resounding yes! But, there is no question that the economic and political climates are fragile and could change the complexion quickly, for now all indications are that, at least in […]
There has not been a media report on the real estate market for some time that hasn’t mentioned “inventory” as a critical issue. Listed homes in the Sarasota region have dropped by more 25% in this last year. Levels of available properties are nearing a point similar to the height of the boom in 2005 […]
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 […]
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 […]
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Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228