Tue, Jul 01, 2008

Just Sold in The Oaks by sarasota

Our clients recently purchased this home in The Oaks located on 653 Eagle Watch Lane. This lovely lakefront home was built in 1992 and boasts 3,795 square feet, 3 bedrooms, 3 bathrooms and 1 half bathroom. The lot size was 25,800 square feet. It sold for $809,000. Our clients came to us via our website. If we can help you buy or sell please contact us.

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Sun, Jun 29, 2008

Sarasota real estate mark... by sarasota

There was an interesting article in the Sarasota Herald Tribune today about whether the Sarasota real estate market has hit bottom or not. Take a look a the chart below. This was in the newspaper recently. It shows the fluctuation in the median home price of homes in Sarasota and Bradenton. Notice how it is trading in that band? It has been trading in that band for the last 10 months. It appears that the market is stabilizing. Depending on the price range you look at inventory levels are 12%-15% of the highs. In the luxury segment of the market inventories are 15% off the highs. There is no way to know today if we are at the bottom. We will only know after it is in our rear view mirror.

Strategies for buying a Sarasota home ...

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Thu, Jun 26, 2008

Existing home sales rise ... by sarasota

Realtors' group says the number of existing homes sold in May gained 2% to an annual rate of nearly 5 million. NEW YORK (CNNMoney.com) -- Sales of existing homes rose slightly more than expected in May as home buyers responded to plummeting home prices, according to an industry trade group. The National Association of Realtors (NAR) said Thursday that the number of existing homes sold during May rose 2% to a seasonally adjusted annual rate of 4.99 million units in May from a level of 4.89 million in April. But sales remain 16% below the 5.93 million-unit pace in May 2007, the report showed. And Thursday's report marks only the second time in 10 months that sales have increased. For the rest of the article go here. There is even...

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Mon, Jun 23, 2008

Bird Key Home Under Contr... by sarasota

Clients of mine entered into a contract to purchase this lovely Bird Key home. I asked their permission to write about it here. The home is a 3 bedroom, 3 bathroom on Pheasant Way. The home is renovated and sits on a large, private lot on prestigious Bird Key. This home is for the buyer seeking value complete with 2 master bedroom suites and special gourmet ktichen remodeled in 2004 with high quality cherry cabinetry, granite counters & stainless appliances. New roof, large master bedroom suite with travertine floors, luxurious bath with steam room & jacuzzi tub, new lush, tropical landscaping, heated pool resurfacing & lanai screening are among the improvements in 2005/2006.  New lawn in 2007 and remodeled both guest bathrooms in...

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Wed, Jun 18, 2008

Shayla made the newspaper by sarasota

Here is an article in the Sarasota Herald Tribune about Shayla Twit joining SKY Sotheby's International Realty.

Click on Shayla Twit if you want to know more about her.

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