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 […]
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 […]
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Longboat Key, Florida 34228
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Michael Saunders & Company
440 Gulf of Mexico Drive
Longboat Key, Florida 34228