Friday, April 17th, 2015 at 2:59pm. 91 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. 185 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. 105 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. 115 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. 229 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. 183 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. 96 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…
Wednesday, January 21st, 2015 at 10:54am. 349 Views, 0 Comments.
A new destination shopping and entertainment complex has been inaugurated near Lakewood Ranch! After years of discussion and then construction, the Mall at University Town Center's 880,000 square feet of retail space opened with Saks Fifth Avenue, Macy's, Dillard's and more than 100 stores and restaurants. Making the Mall unique is the fact that many of the distinctive retailers are not found anywhere else in the local area, offering a diverse mix of fashion and lifestyle boutiques, combined with popular favorites, sit-down restaurants and a children's play area.
The Mall Is Sarasota's Largest Shopping Venue
The Mall at University Town Center is much bigger than what we have seen previously dedicated to retail in Sarasota. And in addition to retail,…
Friday, January 16th, 2015 at 5:03pm. 278 Views, 0 Comments.
Sarasota holds many wonderful opportunities for those who move to the area; from the warm weather, to the beautiful beaches and an assortment of restaurants and attractions. Lately we have been seeing Sarasota ranked highly on the charts of best places to live and it is no wonder since it has so much to offer! It has been named the best place to retire, top for international real estate as well as holding the number one beach in America.
Pine View High School Ranked No. 1 In The State
But most recently, one of Sarasota's local high schools; Pine View High School has been ranked number one school in the state! And it has been consistently in the top ten schools in the United States for years! This is a great factor for many of the families that have…
Monday, January 12th, 2015 at 2:52pm. 212 Views, 0 Comments.
It's a very exciting time at the Oaks Club. It's one of the most popular golf club and residential communities in the Sarasota area and soon it will be even better. In September of this year, ground was broken on the renovation of Heron, one of the two top-notch courses at the club. The work is being carried out by Jason Straka of Fry/Straka Global Golf Course Design and the 15-month project sounds like it will yield some spectacular results.
Sarasota Golf For All Generations
One of the main objectives of the renovation is to allow the course to appeal to a broader spectrum of golfers. The enhanced playability and improved infrastructure aim to make the course accessible for everyone from beginners to seasoned pros and six new tees are being added.…