January 2009 
There are 7 blog entries for January 2009.
Longboat Key Waterfront Home
Thursday, January 29th, 2009 at 11:25am. 456 Views, 2 Comments.
We just listed this spectacular waterfront home on the south end of Longboat Key. It is located in the sought after waterfront community of Country Club Shores. This canal front home offers three bedrooms, three bathrooms, swimming pool, 2,367 square feet, a spacious 14,370 square foot lot and a screened swimming pool. The asking price is $749,000.
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A great opportunity to enjoy the waterfront lifestyle from this canal front home on Longboat Key. No boating hassles here as you can hop on your boat behind your home and be in the Sarasota Bay and Gulf of Mexico within minutes. This charming two story home has two master suites. Relax on the 30 foot balcony on the 2nd floor overlooking the canal, city and…
Sarasota Real Estate Sales 2007 vs 2008
Friday, January 23rd, 2009 at 11:04am. 531 Views, 0 Comments.
Sarasota Real Estate Sales from 2007 to 2008
I pulled all of these numbers from the Sarasota MLS. They are not totally accurate but are pretty close.| Sarasota County | 2007 | 2008 |
| Single Family Homes Sold | 4,264 | 4,860 |
| Condominiums Sold | 2,026 | 1,797 |
| Manatee County | ||
| Single Family Homes Sold | 3,232 | 3,060 |
| Condominiums Sold | …
Sellers read bad news too
Thursday, January 15th, 2009 at 10:22am. 429 Views, 0 Comments.
Foreclosure rate spikes!
I read the in the local newspaper this morning that the number of foreclosure filings in the area has spiked. You can read the article here.
All of this bad news scares buyers but it also scares sellers too. This is the kind of environment that can lead to getting a great deal on a home. Although, I am amazed how some sellers are totally oblivious to what is happening in the real estate market. Many of them don't think that the recession and softening of the market has affected the price of their home. The fact that they painted a bedroom or added a screen door seems to make them think that the value of their home has increased in the last couple of years.
Wouldn't you rather be negotiating a great deal on a home…
Contrarian Investing - Are you following the herd?
Thursday, January 15th, 2009 at 9:43am. 477 Views, 1 Comments.
Are you following the herd? The herd of buyers who purchased a home in 2004 and 2005 may now be regretting their purchase now that prices have declined. In hindsight those who bucked the trend and got out the real estate market in 2004/2005 made a wise choice.
Should you be bucking the current trend and become a contrarian investor?
A contrarian believes that certain crowd behavior among investors can lead to exploitable mispricings in securities and other assets. For example, widespread pessimism about a stock can drive a price so low that it overstates the company's risks, and understates its prospects for returning to profitability. Identifying and purchasing such distressed stocks, and selling them after the company recovers, can lead to…
Turtle Rock Home Under Contract
Thursday, January 15th, 2009 at 8:48am. 627 Views, 1 Comments.
Turtle Rock Home Under Contract
This home in the Turtle Rock subdivision in Palmer Ranch recently went under contract. This is a 3 bedroom, 2 bathroom lake front pool home on a cul-de-sac in the gated community of Turtle Rock.
Property description:
Fabulous lakefront home for small family or retirees in popular Turtle Rock. The sliding glass doors in the breakfast nook, family and living room offer an abundance of natural light. The home is a split plan with a seperate family and living rooms. The 3rd bedroom is currently being used as a den. Enjoy the private backyard on the 30x10 covered patio that overlooks the gorgeous swimming pool and lake. Turtle Rock is close to Siesta Key beach, Legacy Trail shopping, dining and the YMCA.…
Renaissance Condos in Downtown Sarasota - Price Reduced
Tuesday, January 6th, 2009 at 8:30am. 732 Views, 0 Comments.
Renaissance Condos in Downtown Sarasota
We just lowered the price of this chic downtown Sarasota condo in The Renaissance from $249,900 to $224,800. This is one of the least expensive units in the building. Need a weekend or winter getaway in warm and sunny Sarasota? This is the perfect place for you. The owner just had the condo painted. There are lovely wood floors. It is a one bedroom/one bathroom overlooking the lagoon and fountain. There are even peek a boo views of the Sarasota bay.
If you would like to see this unit please call me at 941-812-6272.
Happy New Year!
Thursday, January 1st, 2009 at 6:17am. 319 Views, 0 Comments.
I would like to wish everyone a Happy New Year! Here are some interesting new year quotes:
"Another fresh new year is here . . .
Another year to live!
To banish worry, doubt, and fear,
To love and laugh and give!
This bright new year is given me
To live each day with zest . . .
To daily grow and try to be
My highest and my best!
I have the opportunity
Once more to right some wrongs,
To pray for peace, to plant a tree,
And sing more joyful songs!”
William Arthur Ward
"Be at war with your vices, at peace with your neighbors, and let every new year find you a better man.”
Benjamin Franklin
"We will open the book. Its pages are blank. We are going to put words on them ourselves. The book is called Opportunity and its first…
