Friday, May 8th, 2015 at 4:59pm. 122 Views, 0 Comments.
Well, we've always known there is no place better to live than Sarasota, but now it's been confirmed. Every year Gallup does a survey to assess the nation's well-being and in 2014, the North Port-Sarasota-Bradenton area came out tops! The survey looks at 5 elements of well-being—purpose, social, financial, community and physical—in the 100 most populous metropolitan areas in the country. To gather the information Gallup interviewed an incredible 176,702 people and around 300 or so in the Sarasota area.
Financial Well-Being Means Less Stress For Sarasota Residents
While, not topping the ranks in any of the individual categories, Sarasota was in the top five for three of the elements and in the top 15 for the other two. Financial well-being was a…
Friday, May 1st, 2015 at 10:07am. 113 Views, 0 Comments.
The end is finally in sight for the saga that has been the story of the Dolphin Tower condominium on Sarasota Bay, since 2010. Five years ago a crack appearing in the building's 4th floor transfer slab forced the city to require the evacuation of the building over safety concerns. It has taken a number of years to come up with a remediation plan that could be agreed on by all owners and the city. That happened finally in 2014 and building permits were issued on a $9 million repair project.
Prime Sarasota Waterfront Condos
The building, which is 41 years old and has 116 residences, is situated in a prime location on Gulfstream Ave. and offers unobstructed bay views. Initially it was unclear whether it would be possible to save the Sarasota classic,…
Monday, April 27th, 2015 at 10:40am. 116 Views, 0 Comments.
It looks like 2015 is going to be a stellar year for real estate sales in Sarasota and Manatee counties. Sarasota in particular has seen a huge boost over the previous month, in fact, closed sales were almost 44% higher in March than February. Manatee was up significantly as well, with a 35% increase. Comparing year on year, sales are up as well 14% for Sarasota and 20% for Manatee and these numbers are particularly impressive, given the strong start the industry saw in 2014. All together there were 1201 closed sales this month in Sarasota and 800 in Manatee.
Manatee Homes For Sale Have Seen A Significant Price Increase
Median sales prices have also climbed when compared to last year. For single-family homes the price stood at $207,500 in Sarasota…
Friday, April 17th, 2015 at 2:59pm. 136 Views, 0 Comments.
Grab your sandals and sunglasses, because the vacation home market is hot, hot, HOT!
Every year, the National Association of REALTORS puts together an Investment and Vacation Home Buyers Survey to get a pulse on the market. The 2014 survey revealed the highest sale numbers for vacation homes since its inception in 2003, with vacation home sales increased to a total of 1.13 million homes sold. To put that into perspective, 2013 only had 717,000 vacation homes sold.
Sarasota Vacation & Beach Homes Surge In Popularity
When it comes to Sarasota, this news is even better. The most popular vacation homes are single-family beach homes, and it turns out that vacationers are willing to travel hundreds of miles to their vacation homes. The median distance…
Thursday, April 2nd, 2015 at 10:50am. 281 Views, 0 Comments.
About a year ago, we first wrote about the Park Residences, a new condo development on Lido Key. This was exciting news indeed as new construction on Lido is rare and this development was particularly exciting because the design is stunning. We are pleased to be able to say now that construction is underway and the condos are on course to be ready for occupancy in November of this year. There are still several units available in this boutique community, with just 18 units in two buildings. And best of all, it's just a block from the beach and enjoys unobstructed views of park it faces and the gulf beyond.
Lido Key Luxury Condos
Pricing for these residences starts at around $1.3 million, rising to $1.6 for the fantastic penthouse units which include…
Thursday, March 26th, 2015 at 3:17pm. 130 Views, 0 Comments.
For those of you that prefer pictures to words click to enlarge our infographic sum up of the February real estate market in Sarasota and Manatee Counties.
After the record setting sales of last year, it’s hard to believe this one could be even better, but the February’s sales for homes in Sarasota and Manatee seem to suggest that could be the case. Pending sales and closed sales were both up last month over the first month of this year and over last year’s numbers as well. Also rising were median sales prices, which could indicate a sellers’ market on the horizon.
Sarasota And Manatee Expect Strong Property Sales In March
Pending sales are an indication of where the market is going and what sales will be like next month and signs look positive…
Thursday, March 19th, 2015 at 4:29pm. 153 Views, 0 Comments.
John Ringling Gets Involved
The site was originally platted for development back in 1925 and was then owned by the famed John Ringling. It was from Golden Gate Point that his original causeway to Bird Key and St. Armands Key was built. He had big plans for the site, it seems, and in order to make it more attractive to buyers, he planted $15,000 worth of Canary Island Date Palms on the peninsula. But then came the Florida Land Boom failure…
Thursday, February 26th, 2015 at 4:16pm. 255 Views, 0 Comments.
When you buy at River Strand in Bradenton, you get more than a lovely, new construction home, more than just a view of the greens. You get the right to play on the beautiful River Strand course. Home purchases at River Strand includes either a full golf or social country club equity style membership. The golf memberships are available with the purchase of any luxury Terrace, Veranda or Coach home and social membership comes with the purchase of any home. Golf membership gives you access to the club's 27 holes, while social membership gives you access to River Strand's member facilities, with reasonably priced annual dues for tennis, fitness and social activities.
River Strand Golf Course
Considered one of the best courses in the Sarasota-Tampa area…
Tuesday, February 17th, 2015 at 3:47pm. 213 Views, 0 Comments.
What a year for real estate in Sarasota! Housing prices have been rising steadily, after a decade that saw homes sales hit an all-time high and then quickly crash to a record low, as high prices became unsustainable for home buyers. The economy is recovering and there can be no better evidence than the record number of closed transactions in Sarasota in 2014—11,550! This tops the 2004 record which saw a total of 11,482 closed transactions. Manatee County also had an outstanding year with 7,976 sales, just 28 sales shy of 2013's record setting year.
Return To Pre-Crisis Levels
The Association President Stafford Starcher says "This is truly historic news, and clearly demonstrates our region is experiencing a remarkable success story in real estate.…
Friday, February 13th, 2015 at 5:48pm. 112 Views, 0 Comments.
In the last year, US home prices went up by 6% and areas like Miami and Orlando, which had 13.6 % and 11.9% increases, respectively, were leading the pack. However, the cumulative increase in home values is slightly smaller than the 8% recorded in 2013 and that kind of gradual slowing is a sign of the times as the market heads for lower expected gains in 2015.
Second & Third Quarter 2014 Saw Increases In Housing Inventory
Within the second half of the year in 2014 inventory increased in many city markets across the US and with more homes on the market, value appreciation slowed down. Stan Humphries, the chief economist of Zillow makes the valuable point, “Looking at the total value of the US housing stock proves just how huge and important the…