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