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Sarasota Real Estate Blog

 

Gallup-Healthways survey on “State of American Well-Being” just came out rating the Bradenton-Sarasota-North Port metropolitan area  No. 6 in the community. The five categories used to score each area were financial, community, physical, social and purpose. Finanical represents living in a place where stress is reduced and ability to manage money and create security- this is the sector in which Bradenton-Sarasota-North Port ranked highest. Other factors included feeling safe and prideful of your city, overall good health with activities to generate positive and healthy living, enjoying what you do everyday and feeling motivated by the work you do, lastly having support and love in your life. Naples-Immokalee-Marco Island, Florida made No. 1 on

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Golden Gate Point

Located near the heart of Downtown and the water, this area offers some of the best views of both the city and the bay. It is a quieter area than most other downtown areas. However, it is an expensive are to live in with a new generation of luxury buildings going up. Some of these apartments start out 1,650,000 without waterfront views. Others such as Aqua start at 3 million; this is a highly desireable area attracting buyers like Sarasota’s longtime civic and business leaders. Cheaper finds are available but are much older and likely will need a lot of work, nonetheless a great investment in such a sought after area.

Southgate

Southgate is set in a great location with easy access to north (downtown), south (shopping), east

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TripAdvisor announced its top beaches list, and it is not a surprise that Siesta Beach has once again made it to the top as being one of the best beaches in the world. There is nothing like Siesta’s soft rose quartz sand with its powdered sugar feel. The winners were determined based on the quantity and quality of traveler reviews and ratings for beaches on TripAdvisor gathered over a 12-month period. Florida took over, having the most best beaches on the list in America, only facing Hawaii as its rivalry. Siesta Beach was the only beach in America that made it to the top ten in the world. Sarasota has a lot to be proud of, boasting excellent beaches and outdoor living!

Siesta Key Beach Video

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Recent data has shown inventory is increasing in Manatee and Sarasota County and coming to a happy balance between a buyer’s and seller’s market. Inventory in the two-county area increased by 17.9 percent over January of last year. Sarasota condo inventory increased by 27.1 percent, while single family was up 20.8 percent. January saw an increase in number of properties that went under contract during the month. Median prices for Sarasota single family homes increased to $250,000, while Manatee single family increased to $279,000. With the increased inventory it is easing the supply and demand pressures not benefiting one side of the market over the other. It is a good sign showing we are in a strong market with lots of options for buyers and

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Lakewood Ranch has been ranked as the 4rth best selling master planned community in America by RCLO. Texas, Florida and California are fast growing making up 60% of the 20 top selling communities. It is not a surprise with the lifestyle amenities these communities provide that attract so many buyers. These communities emphasise lifestyle tending to be oriented around health with active lifestyle activities, including fitness classes, easy accessible parks and trails along with healthy locally grown food options bringing together the community. Lakewood Ranch makes full use of the year round gorgeous Florida weather with lots of outdoor community events; nature walks, outdoor movies, sporting events, music on the main street, group bike rides and

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Ringling College of Art and Design took on a major expansion project, to open up a state of the art sound stage/production facility here in Sarasota. The City of Sarasota has approved a land transfer deal that will give Ringling some of the remaining property it needs to build a new sound stage. "It's to not only provide space for students to shoot their films and do the work that they need done but more importantly bringing in commercial productions to Sarasota," added Thompson. Thompson believes the goal is achievable to make Sarasota a hub of the film arts and this is one of  the first steps. The soundstage opens up opportunities for many people from students to professional film makers alike along with providing a great economic boost for the

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Florida offers some of the most affordable waterfront homes in the country. Turning dreams of living near the beach and on the water into a reality. Here on the west coast is featured a small old Florida town known as Bradenton. Offering an assortment of quirky and tropical beaches like Anna Maria Island, Holmes Beach and Bradenton Beach. Bradenton offers a robust artistic community as well as historic with lots of museums and art centers. A vibrant downtown with Riverwalk and Village of the arts. Plenty of outdoor activities, visit Robinson Preserve, DeSoto National Memorial Park, the Cortez fishing Village and the Manatee Village Historical Park. A collection of restored, historic buildings from Manatee County's pioneer past, the historical

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According to statistics recently released by the Realtor Association of Sarasota and Manatee counties home prices in Manatee County rose 7.5% and 10.3% in Sarasota County while single family homes gained 9% in value across the region ending the year 2016 with a median price of $264,500 in Sarasota and $285,000 in Manatee County. Both counties were above the national growth rate at 4% which is wonderful news. However, we have seen some decreases in other areas of the housing market involving the rising mortgage rates and supply shortages that are pushing higher prices. New construction is not being built fast enough for the influx of demand while existing homeowners are hesitant to list their properties for sale.  Manatee County experienced an 8.2

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Living the Florida life means enjoying the sun and warmth all year so having a pool home is an absolute luxury when living in the Sunshine State! Unlike colder areas of the United States, here in Florida owning a pool home means getting lots of use out of your pool for the whole year and makes for a great selling point to boost the price of your home. Needless to say, swimming pools are a profitable and enjoyable investment for your home whether you are buying or selling. We picked our top five favorite pool homes from our team Coffey and Company’s listings that we believe are exemplary pool homes to Florida living!

 

1) 506 VENICE LN, SARASOTA, FL 34242

 

A spectacular British West Indies custom design home on world renowned Siesta Key.

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According to the latest annual survey by the Association of Foreign Investors the U.S. is the world’s most popular choice for foreign real estate capital. An overwhelming 95% of respondents to the AFIRE survey said they planned to increase or maintain their level of U.S. investment, and 66% said their sentiment was unchanged or more optimistic about the prospect for US real estate. It is considered a safe haven for capital and U.S. property market fundamentals are strong. Although there are some factors which bring uncertainty such as the strength of the dollar making it more expensive and difficult as well as the political uncertainty. Washington D.C. has also dropped on the survey of top cities as a global destination but other U.S. cities are

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