Owner: Sarasota, Florida Real Estate URL:http://www.thesarasotamls.com/sarasota-real-estate-news Join Date: Sun, 29 Jul 2007 12:56:12 -0500 Rating:0 Site Description: Sarasota, Florida market updates, news, statistics, interesting new listings and recently sold properties. Site statistics:Click here
June 2007 Sarasota home sales figures good 2007-07-26 06:36:00 Good news - June 2007 home sales were up in Sarasota
/Bradenton when compared to June 2006. Sales were 5% higher last month than from a year before. The rest of Florida did not make out so well. Only two real estate markets in Florida showed sales increases year over year from June 2006 to June 2007.
Are we bottoming out or is just an anomaly? I would be interested to hear your comments.
Notice
More affordable housing news in Sarasota 2007-07-22 07:05:00 The Sarasota
Herald Tribune reported an article this morning titled, "Affordable housing plan ignites passions". A town size affordable housing project east of I-75 is coming up for approval next month. The 1,488 home project named Palmer Place appears the be the biggest in the state of Florida.
People against the plan says it puts too many homes on too little land and are also complaining about
Luxury consumers more interested in 2nd homes 2007-07-16 05:45:00 Nearly half of the nations wealthiest residents may purchase a 2nd home in the coming year according to a survey recently completed which polled 301 of the nation's homeowners whose primary home is valued at more than $1 million ($2 million for California residents), and who have investable assets of more than $1 million.
Some of the other interesting findings include:
The number of people who Read more:Luxury
, consumers
Sarasota-Bradenton airport soars to top of state rankings 2007-07-13 05:35:00 The Florida Department of Transportation chose Sarasota
-Bradenton International Airport as the top commercial airport
in Florida. Sarasota beat nineteen other commercial airports, including those in Miami, Tampa and Jacksonville.
The Florida Department of Transportation cited numerous reasons for the #1 spot, including the perfect FAA inspection in November, the millions of dollars spent on
Sarasota rated 2nd best in the country for growing a small business 2007-07-12 17:59:00 Bizjournals, the Web site of American City Business Journals Inc., rated Sarasota
-Bradenton as the 2nd best place in the country to grow a small business. Bizjournals used a 12-part formula to rate the vitality of small-businesses in the nation's 75 largest metropolitan areas.
Sarasota-Bradenton was the second-smallest metro in the study, but it ranks as the second-biggest success story. Only
High end homes defy market downturn 2007-07-12 05:40:00 Using data from the real estate research firm DataQuick Information Systems, The New York Times shows that the story of today’s real estate market is really two different stories. While the low end and middle of the road home prices have been hit hard recently the high end homes have fared better.
In the Boston area, for instance, the number of homes selling for at least $1 million plummeted to Read more:downturn
Just Sold - West of Trail Home 2007-07-11 12:20:00 SKY Sotheby's International Realty just sold a home west of the trail in Sarasota. This 3,000 square foot, 3 bedroom, 3.5 bathroom Tuscan designed home was built in 2007. Some of the features the new owners may enjoy are sitting in the courtyard listening to the water fountain, splashing in their pool, snuggling next to the 2-sided fireplace or lounging on your balconies. Sold for $795,000. Read more:Trail
Just sold on Longboat Key 2007-07-07 08:19:00 A client of mine just purchased this fantastic 3 level home on Longboat Key. This 3,582 square foot home was built in 2004, has 3 bedrooms a den, 4 bathrooms, an elevator and 4 car attached garage. Fantastic Gulf and Bay views, private boat dock and lift, beautiful hardwood and slate floors from Floors by Design. The cooks dream kitchen boasts Lube Fine Italian cabinetry, granite counters,
Sarasota Real Estate Facts and Figures 2007-06-30 19:20:00 Let me explain these charts since they are a little difficult to read. The general overall trends are most important. Each graph shows the number of homes and condos for sale in Sarasota
. The red solid line is the number of properties pending and the smaller bar graph represents the number of sales each month. These numbers come from our Sarasota MLS. The top chart is from November of 2003 to Read more:Estate
, Figures
See the home with the highest asking price in Sarasota, Florida 2007-06-29 11:12:00 Take a peek at this exquisite Casey Key gulf front and bay front home for sale. This home has the highestaskingprice
of any home actively for sale in Sarasota
at $20,035,000.
Be entranced by nearly 4 acres of privacy nestled on the north end of exclusive Casey Key. The 300 ft. of beach which creates the western border of this estate property is truly rare. A small inlet that runs to the Read more:Florida
Downtown Sarasota condo market update 2007-06-19 05:36:00 Here is a quick snapshot of the number of condos for sale in downtown Sarasota
. I searched for all condos as far north as 10th street, south to Mound, east to 301 and west to the water which includes Golden Gate Point.
373 condominiums in downtown Sarasota for sale.
Downtown
Sarasota Condos for sale
$0 - $500,000 - 69 condos for sale
$500,001 - $1,000,000 - 186 condos for sale
$1,000,001 -
Florida property tax reform 2007-06-18 05:54:00 So far from what I have read I am not impressed with the new property
tax proposal. I am all in favor of doing something with property taxes but it seems this new bill misses the mark. I really think rolling back assessed values and portability of homestead is necessary. The current system is unfair to snowbirds and landlords and the new tax proposal does nothing to fix this. The 2nd home owners Read more:Florida
Bird Key Inventories 2007-06-17 10:10:00 Here is a quick update of home for sale on Bird Key.
55 single family homes for sale
Bird Key single family homes
$0 - $750,000 - 2 homes for sale
$750,001 - $1,500,000 - 19 homes for sale
$1,500,001 - $2,500,000 -14 homes for sale
Over $2,500,001 - 21 homes for sale
Lakewood Ranch Inventories 2007-06-17 07:46:00 Here is a quick update on the number of homes and condos for sale in Lakewood Ranch
.
603 single family homes for sale
211 condominiums for sale
Lakewood Ranch single family homes
$0 - $500,000 - 259 homes for sale
$500,001 - $1,000,000 - 203 homes for sale
$1,000,001 - $2,000,000 - 69 homes for sale
over $2,000,000 - 73 homes for sale
Lakewood Ranch condominiums for sale
$0 - $500,000 - 145
Siesta Key Inventories 2007-06-17 07:34:00 Here is a quick update on inventory levels on Siesta Key.
270 single family homes for sale
555 condominiums for sale
Siesta Key single family homes
$0 - $1,000,000 - 110 homes for sale
$1,000,001 - $2,000,000 - 83 homes for sale
$2,000,001 - $3,000,000 - 34 homes for sale
over $3,000,001 - 44 homes for sale
Siesta Key condominiums
$0 - $500,000 - 153 condos for sale
$500,001 - $1,000,000 -
Longboat Key Inventories 2007-06-17 07:22:00 Here is a quick update on the number of homes and condos for sale on Longboat Key.
216 single family homes for sale
440 condominiums for sale
Longboat Key Single Family Homes
$0 - $1,000,000 - 91 homes for sale
$1,000,001 - $2,000,000 - 63 homes for sale
$2,000,001 - $3,000,000 - 34 homes for sale
Over $3,000,001 - 28 homes for sale
Longboat Key Condominiums
$0 - $500,0000 - 128 condominiums
Casey Key Inventories 2007-06-17 06:57:00 Here is a quick update of the number of homes for sale on Casey
Key.
51 single family homes for sale
$0 - $1,000,000 - 2 homes for sale
$1,000,001 - $2,000,000 - 13 homes for sale
$2,000,001 - $3,000,000 - 8 homes for sale
$3,000,001 - $5,000,000 - 15 homes for sale
Over $5,000,000 - 13 homes for sale
Lido Key Inventories 2007-06-17 06:48:00 Here is an update on the number of homes and condos for sale on Lido Key.
61 single family homes for sale
132 condominiums for sale
Lido Key Homes
$0 - $1,000,000 - 11 homes
$1,000,001 - $3,000,000 - 23 homes
Over $3,000,000 - 27 homes
Lido Key Condominiums
$0 - $1,000,000 - 83 condominiums
$1,000,001 - $3,000,000 - 35 condominiums
Over $3,000,000 - 14 condominiums
What has sold on Casey Key this year? 2007-06-13 14:36:00 Seven homes on Casey
Key have sold so far this year. Take a look at these wonderful Casey Key homes. Please contact me if you are thinking of buying or selling on the island.
Sold for $6,900,000
Sold for $5,500,000
Sold for $3,156,500
Sold for $2,375,000
Sold for $2,200,000
Sold for $2,150,000
Sold for $2,200,000
This blog made the newspaper 2007-06-13 13:36:00 An article about my blog made the Monday business section of the Sarasota Herald Tribune. Take a look at it here: http://heraldtribune.com/apps/pbcs.dll/article?AID=/20070611/COLUMNIST59/706110438/1201/REALESTATE
Thanks for the write up Patrick.
Newer home on lake in Sarasota under $400,000 2007-06-12 17:30:00 I just listed a great home in The Enclave subdivision in east Sarasota
. The home 3 bedroom, 2 bath, 3 garage home with den was built in 2003 and has one of the best lake front lots in the community. Some of the features include upgraded kitchen cabinets with glass, large ceramic floor tile, fenced dog run, Corian countertops and swimming pool. Parents can walk their children to the highly sought
Sarasota Inventory Levels 2007-06-07 06:23:00 Here are the most recent inventory levels that I pulled from the Sarasota
Multiple Listing Service (MLS). Sarasota, Lakewood Ranch, Siesta Key, Lido Key, Bird Key, Casey Key, Longboat Key, Osprey and Nokomis make up the figures. I am not using Manatee county, Venice or Charlotte county home and condo inventories. Notice that I added the most recent inventory figures on the right side of my blog. Read more:Inventory
Property of the Week - The Oaks 2007-06-05 14:14:00 This wonderful bay front home in The Oaks was recently listed by SKY Sotheby's International Realty. This magnificent three-story Georgian Mansion on Sarasota Bay captures the true essence of elegance, traditional Southern charm, 11,293 sq. ft., 6 bedrooms, 7.5 baths, new gorgeous chef's kitchen & amazing new master suite, media room, guest rooms & mother-in-law suite. The expansive floor plan
Recent sales of luxury homes in Sarasota 2007-06-02 14:40:00 Here are four luxury homes that have sold recently in Sarasota
.
826 Norsota Way
This 5 bedroom, 6.5 bath new home is located on one of the most sought after street in Sarasota - Norsota Way. Thoughtfully planned with casual elegance and entertaining in mind, the comfortably scaled rooms are filled with sunlight. Sensuous lines and soft corners create a serene atmosphere enhanced by gracious Read more:Recent
Real estate experts says the worst is over for the Sarasota real estate market 2007-06-02 06:03:00 We heard a few market predictions this week from well known real estate experts. Lawrence Yun, the Managing Director of Quantitative Research at the National Association of REALTORS, where he manages the Statistics and Forecasting Groups of the Research Division went on record this week saying the worst is over the Southwest Florida real estate markets.
"Do not bet against this region," he said. Read more:Sarasota
Is this what future Florida homes will look like? 2007-07-30 05:37:00 I read an article this morning from the Sarasota Herald Tribune's website about a couple building a dome home in Parrish, Florida
. Tropical Storm Gabrielle left their Parrish home knee-deep in water in 2001. For fear of hurricanes they are building a dome home on an 8 acre plot in Parrish.
Dome homes are supposed to withstand winds of 200 miles an hour. The dome is made up of concrete and
Harvey Vengroff vs. Sarasota city commissioners 2007-08-02 19:51:00 The Sarasota
Herald Tribune had an interesting article about how a group of Sarasota landlords is requesting a recall of Sarasota city commissioners. The Sarasota Landlords' Association is seeking to remove the commissioners because on July 19 they voted unanimously to override the new property tax rollback rules established only a month earlier in a special legislative session.
The city of Read more:Harvey
Homes Selling 101 2007-08-15 04:41:00 I own this home in east Sarasota and decided to sell it. So I listed the home back in June. Is it the best time to be a home seller? For some yes, others no. It really depends on your situation. In my case, I bought the home back in 2003 and have other uses for the money and desire to simplify a little. The lakefront home has a pool, 3 car garage, was built in 2003, 3 bedrooms, 2 bath, den and Read more:Homes
Home Selling 101 Part 2 2007-08-18 06:04:00 Earlier in the week I wrote about the home selling process. You can scroll down to read it or click selling home in Sarasota.
I just wanted to write an update to the sales process. I did receive an offer on the home and it is now under contract. I am satisfied with the the sales price. Although, I would have much rather sold it in 2005 when someone probably would have paid $425,000 - $450,000.
Just Sold on Longboat Key 2007-08-17 15:41:00 My clients just purchased this spectacular 4 bedroom, 4 bath, 3,000 square foot home/condo directly on the beach of Longboat Key. This has the feel of a home but is actually a 2 unit condo. The living room offers soaring ceilings, a built-in wet bar, gas fireplace and French doors out to the private swimming pool, yard and beach. The curved staircase leads to fabulous master suite with
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