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        <atom:link href="http://www.luxurysarasotarealestate.com/blog/florida-real-estate/rss/" rel="self" type="application/rss+xml" />
        <title>Sarasota Real Estate Blog - Sarasota Real Estate News</title>
        <link>http://www.luxurysarasotarealestate.com/blog/florida-real-estate/</link>
        <description>Get your fill of the latest Sarasota real estate news. This Sarasota blog is updated frequently with homes for sale, recently sold homes and condos, market updates and plenty of other valuable information.</description>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/cash-how-much-off.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/cash-how-much-off.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>Cash - How Much Off?</title>
            <description> <![CDATA[ 



This is a follow up to last week's post - 50% off?


Clients often ask us what kind of discount they can expect to receive in an all-cash transaction. Sellers love receiving cash offers and typically will discount their home a little more because of no mortgage headaches. However, the discount is not as great as most people think. Below are sales statistics in Sarasota county for sold properties in the last six months.


Sarasota County Sales in the Last Six Months




4,171 - Number of properties sold


2,628 - Cash transactions


63% of all transactions were cash


$5,250,000 - Highest sales price


$2,500 - Lowest sales price (could be a reporting error)


$206,474 - Average sales price


$119,900 - Median sales price


93% - sales price/list price




Cash transactions had an average discount of 7%.


 


Let's break it down even further by price range.


Sold Properties - $0 - $100,000




1,120 properties sold


$64,846 - average sales price


94% - average sales price/list price




Sold Properties - $100,001 - $200,000




770 properties sold


$141,690 - average sales price


94% - average sales price/list price




Sold Properties - $200,001 - $300,000




318 properties sold


$244,495 - average sales price


92% - average sales price/list price




Sold Properties - $300,001 - $500,000




238 properties sold


$379,115 - average sales price


92% - average sales price/list price




Sold Properties - $500,001 - $1,000,000




121 properties sold


$687,984 - average sales price


90% - average sales price/list price




Sold Properties - Above $1,000,001




61 properties sold


$1,765,794 - average sales price


88% - average sales price/list price




As expected, the higher you go in price the larger the discount. Properties over $1,000,000 have a 12% discount on average while homes under $100,000 only have an average discount of 6%


 What about the barrier islands? Do you see smaller or larger discounts with a cash offer? Let's analyze sold properties based on locations.


Siesta Key Sold Properties




211 sold properties in the last 6 months


131 or 62% of these sales were cash transactions


$448,753 - average sales price


90% - average sales price/list price




Longboat Key Sold Properties




122 sold properties in the last 6 months


83 or 68% of these sales were cash transactions


$710,310 - average sales price


89% - average sales price/list price




Lido Key/St. Armands Circle Sold Properties




22 sold properties in the last 6 months


15 or 68% of these sales were cash transactions


$889,752 - average sales price


92% - average sales price/list price




Bird Key Sold Properties




12 sold properties in the last 6 months


7 or 58% of these sales were cash transactions


$2,352,143 - average sales price


82% - average sales price/list price




Casey Key Sold Properties




11 sold properties in the last 6 months


9 or 82% of these sales were cash transactions


$1,465,556 - average sales price


80% - average sales price/list price




Downtown Sarasota Sold Properties




133 sold properties in the last 6 months


102 or 77% of these sales were cash transactions


$376,829 - average sales price


90% - average sales price/list price




Again, the higher end markets tend to have more cushion in their asking prices. Casey Key and Bird Key have an average discount of 80% and 82%.


I hope this clears up the mystery a bit about expected cash discounts. In the higher price ranges you can probably expect a 10-20% discount from asking price. This obviously depends on the seller's motivation level and other buyer interest. Properties under $1 million can generally expect discounts of less than 10% when paying cash.


Please give us a call at 941.812.6272 if we can help you buy or sell a home in Sarasota.
 ]]> </description>
            <pubDate>Tue, 24 Jan 2012 11:14:53 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/forbescom-sarasota-florida-1.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/forbescom-sarasota-florida-1.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>Forbes.com - Sarasota, Florida #1</title>
            <description> <![CDATA[ 
More good news for the Sarasota Florida real estate market. Take a look at this article:


Forbes.com - Where Americans Are Hunting For Homes


 


All of the top 10 cities “picking up strength” are in the Sun Belt. Florida dominates the list with five snow bird hubs in the top 10: the North Port-Bradenton-Sarasota area (No.1), Fort Lauderdale-Pompano Beach  (No. 4), Cape Coral-Fort Myers (No. 5), West Palm Beach-Boca Raton (No. 6), and Orlando-Kissimmee-Sanford (No. 10).


In Bradenton a little over six times as many people from outside the area were looking for properties there as the number of people living there looking for properties elsewhere.


Another sign of improving health in the Florida real estate market: Existing home sales along the coasts picked up somewhat dramatically this year, even in the slower summer and early fall months.


...both investors looking to purchase rental properties and Baby Boomers scouting for vacation and/or retirement properties are hunting for bargains in floundering housing markets in Florida and California. “Part of the long term trend is Baby Boomers moving toward retirement, and some of those that put off their searches while home prices were skyrocketing in the Sun Belt, are now looking again because prices have fallen so much.”


Give us a call at 941.812.6272 if we can help you buy or sell a property in Sarasota, Florida
 ]]> </description>
            <pubDate>Tue, 06 Dec 2011 08:13:18 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/florida-real-estate-more-good-news.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/florida-real-estate-more-good-news.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>Florida Real Estate - More Good News</title>
            <description> <![CDATA[ 
There is more good news for real estate in the sunshine state. Realtor.com released their top 10 turnaround real estate markets based on 3rd quarter 2011 data. It was dominated by Florida with 6 of the top 10. The six markets included - Miami, Orlando, Ft. Myers/Cape Coral, Ft. Lauderdale, Sarasota/Bradenton &amp; Lakeland/Winter Haven. Here is Realtor.com's opinion of the Sarasota FL real estate market:


Sarasota/Bradenton - A total of 11 percent of all foreign buyers in Florida are in Sarasota-Bradenton specifically. Number six on the turnaround report, the market has seen a list prices increase of more than 17 percent year-over-year and a decrease of inventory of 32 percent according to the Realtor.com October data. The market still has a long way to go, after losing more than 55 percent of home values from 2006 to the second quarter of 2011 due to foreclosures.


The Realtor.com analysis found that:


• Sarasota-Bradenton attracted 11 percent of Florida's international buyers.


• List prices in the market are up 17.5 percent from 2010.


• The number of days a home spends on the market before being sold is down 32 percent.


Read the article - Florida Markets Dominate Realtor.com Top Ten Turnaround Report


 


Even More Good News


Trulia.com recently came out with some interesting data as well. They crunched their data and try to figure out where trends are in terms of where people are moving.


That’s right folks, we’re gazing into the future of housing demand and here’s what we see.






Housing Demand Strongest in South and Southwest 




#


U.S. Metropolitan Area


Metro Movers Index




1


North Port-Bradenton-Sarasota, FL


6.03




2


Riverside-San Bernardino-Ontario, CA


4.36




3


Charleston-North Charleston-Summerville, SC


2.25




4


Fort Lauderdale-Pompano Beach-Deerfield Beach, FL


2.15




5


Cape Coral-Fort Myers, FL


2.09




6


West Palm Beach-Boca Raton-Boynton Beach, FL


1.99




7


Fort Worth-Arlington, TX


1.97




8


Oxnard-Thousand Oaks-Ventura, CA


1.92




9


Las Vegas-Paradise, NV


1.88




10


Orlando-Kissimmee-Sanford, FL


1.87







North Port - Bradenton - Sarasota ranked #1 for the strongest housing demand in the South and Southwest. Go here to read the rest of the article - Going the Distance...or Not?


What Does This Mean For Buyers?


It means that you have less leverage. Assuming the asking price is realistic and in line with recently sold similar properties don't expect to come in and get a huge discount from list price. Many of us have encountered multiple offers lately. Buyers should really only be looking at properties about 5-10% beyond their budget.


What Does This Mean For Sellers?


Sellers who properly price their home or condo based on condition, location and recently sold similar properties will see plenty of action. If three of your neighbors with similar properties recently sold for $300,000, $310,000 and $308,000 then your home is worth somewhere around this price range.


How Much of a Discount Can I Expect?


In October the Sarasota Association of Realtors reported that the average single family home sold for 95.1% of last asking price and the average condominium sold for 93.2% of last asking price. We Realtors do our best to get our buyers the best deal because it makes buyers happy and it is also good business for us. Below is a break down of October discounts based on price for Sarasota county.






Single Family Homes 


     


Sales Price/List Price




 $0 - $200,000


 


96%




 $200,001 - $400,000


 


93%




 $400,001 - $600,000


 


91%




 $600,001 - $1,000,000 


 


92%




 Over $1,000,000


 


87%










Condominiums 


      


Sales Price/List Price




 $0 - $200,000


 


94%




 $200,001 - $400,000


 


92%




 $400,001 - $600,000


 


88%




 $600,001 - $1,000,000 


 


91%




 Over $1,000,000


 


90%






Give us a call at 941.812.6272 if we can help you buy or sell Sarasota Florida real estate
 ]]> </description>
            <pubDate>Thu, 17 Nov 2011 06:11:47 -0500</pubDate>
                    </item>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/jim-cramer-florida-has-bottomed.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/jim-cramer-florida-has-bottomed.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>Jim Cramer: "Florida Has Bottomed"</title>
            <description> <![CDATA[ 
Here is an interesting video about Florida real estate through the eyes of Jim Cramer from www.TheStreet.com. 


He made a comparison between stocks and the Florida real estate market. He mentions how real estate in the sunshine state "fell of a cliff" much sooner than the rest of the country and that the rebounding of this market will lead the rebound in the rest of the United States. He also mentioned that the CEO of Toll Brothers Home builder classified Florida as the only A+ state in the country. 


 


Sarasota Real Estate Inventories


You will notice that Jim Cramer mentions supply demand several times. This ultimately dictates price. Sarasota real estate inventories are very low with strong demand. I pulled the chart below from my October 3rd blog post - Healthiest Housing Markets - Sarasota, Florida.





Notice how demand (red line and dark green bars) stays strong while the supply (light green bars) continues to fall. 


Thank you to Tim Ryan of Naples real estate for the video.


Give us a call at 941.812.6272 if we can help you buy or sell real estate in the Sarasota, Florida area.
 ]]> </description>
            <pubDate>Mon, 17 Oct 2011 06:54:41 -0400</pubDate>
                    </item>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/home-prices-rising-in-sarasota.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/home-prices-rising-in-sarasota.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>Home Prices Rising in Sarasota</title>
            <description> <![CDATA[ 



A funny thing can happen when supplies shrink and demand is good - prices will eventually rise. Today in the Sarasota Herald Tribune there is an article titled - Region makes national list of recession-resistant cities for real estate. The article talks about a recent Forbes article using Zillow data to create a list of "America's Recession-Resistant Cities For Real Estate." Using data from Zillow.com, the Forbes article states that Sarasota real estate prices have begun to appreciate. Several cities in Florida made the list.


Excerpts from Sarasota Herald Tribune article:



"To real estate professionals and other observers in Southwest Florida, 
there has been a clear stabilization in pricing for 2011."



"These are not markets where the economy as a whole has necessarily 
improved," Michael Saunders, founder of the real estate brokerage of the
 same name, wrote on her blog this week. "Instead, they are places where
 -- in spite of high unemployment and other economic challenges -- real 
estate is showing marked signs of improvement after having spent the 
better part of the past five years correcting over-inflated prices born 
of the boom."


"The resulting list had five Florida cities: Fort Myers at No. 2, Port 
St. Lucie at 6, Sarasota at 7, Destin at 10 and Punta Gorda at 18. That 
was more than any other state."



What does this mean for home buyers?


It simply means that you are running out of options. There are still great homes out there for sale however just not as many. Our inventory levels are the lowest they have been in over 5 years. 


Buyers DO NOT have the leverage they used to. Don't walk into a home and expect the seller to bend over backwards for you. Remember, the average discount from the last (not original) seller asking price is hovering around 5-6%.


What does this mean for home sellers?


The good news is that you have more leverage now. There are fewer of you out there and thus less competition. This doesn't mean that you should call your Realtor and have him raise your asking price. It is not a sellers market. There is roughly 6 months of inventory in Sarasota county which means it is fairly balanced. Read Sarasota Real Estate Inventories Fall Again for more useful statistics.


Obviously, this is welcome news to many. Hopefully, prices will continue to rise slowly and steadily to bring more confidence back into the market and economy. 


Give us a call at 941.812.6272 if we can help you buy or sell a home in the Sarasota, Florida area.
 ]]> </description>
            <pubDate>Wed, 31 Aug 2011 13:47:55 -0400</pubDate>
                    </item>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/5-myths-about-sarasota-fl-real-estate.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/5-myths-about-sarasota-fl-real-estate.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>5 Myths About Sarasota FL Real Estate</title>
            <description> <![CDATA[ 
 





It can be entertaining and amusing to hear beliefs (in many cases myths) about the Sarasota FL real estate market. I hear many of them. The myths are often times created by the national media reporting about real estate market conditions and especially Florida real estate. I am not going to tell you that everything is hunky dorey here but I will tell you that most buyers are misinformed and their expectations are unrealistic. A myth usually starts with something like:


 "My sister's friend just bought a condo in Sarasota, Florida and he got a great deal! They got it for like half off!"


1. Expect 25%-50% off


It depends on how you look at this. In many cases you may get 25-50% off of the 2004-2005 price however you probably will not get a 25%-50% off of the current asking price. 


A perfect example of this would be the home I recently sold at 5105 Oxford Circle on Siesta Key. It was listed for $1,099,000 and closed for $1,000,000. The previous owners purchased it for $1,427,000 in 2004. This was a 30% discount from the 2004 value but it did not sell for 30% off of the asking price. 


In June of 2011 if you lumped all of the sales together in Sarasota county the average property sold for 94.3% of the asking price.


2. Not much is selling in Sarasota, Florida


Since January 1, 2011, according to the Mid Florida MLS there have been a whopping 9,291 properties sold in Sarasota and Manatee counties. I think the people involved with the 9,291 transactions would disagree that nothing is selling in the area. Sarasota county has 5,617 transactions while Manatee county had 3,674 transactions. For the same period in 2010 there were 8,920 transactions.


3. Foreclosures are the only properties selling


There are plenty of non short sales and foreclosures selling in the Sarasota, Florida area. Of the 9,291 properties sold so far this year 3,589 properties were classified as either a short sale or bank owned (foreclosure). That amounts to 39% of the market. There are plenty of regular sellers out there.


4. You can't get a mortgage


Lending has certainly changed in the last 5 years. It needed to. Banks were giving away money to people who couldn't pay it back. That is why 39% of the market are short sales and bank owned properties. However, you can still get a mortgage. You pretty much just have to prove that you can afford to pay the money back.


5. It is an Extreme Buyers Market


It used to be. The market has changed. View the chart below showing inventory levels for Sarasota county over the last 6 years.





The light green bars represent the inventory levels. Based on closed sales, Sarasota county has a 6.2 month supply of properties for sale. Most people agree that represents a balanced market. Today's market is a far cry from the 33+ months of inventory we had in 2007.


If you want any more Sarasota real estater market facts give us a call at 941.812.6272. Thank you.
 ]]> </description>
            <pubDate>Mon, 25 Jul 2011 12:58:10 -0400</pubDate>
                    </item>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/june-update-inventories-decline.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/june-update-inventories-decline.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>June Update - Inventories Decline</title>
            <description> <![CDATA[ 



The Sarasota Florida real estate market continues to eat through its inventory. Notice the drop above from May 2011 of 5,604 listings for sale to 5,372 in June 2011. This gives Sarasota county 6.5 months of inventory based on closed sales and 6.3 months of inventory based on pending sales. The average sold price in June 2011 was $238,000 with the average sales price/list price ratio of 91%.


 


Average Price of Sarasota Homes &amp; Condos





The above chart shows the average asking price as well as the average price of sold properties. Average prices are trending higher when comparing June 2010's average price of $217,000 to June 2011 price of $238,000.


Sarasota Real Estate Statistics









Curnt vs. Same Month 1 Yr Ago


Curnt vs. Same Qtr 1 Yr Ago







Jun. 11


Jun. 10


% Change


Apr. 11 to Jun. 11


Apr. 10 to Jun. 10


% Change




For Sale


5,372


6,870


-21.8% 


5,674


6,856


-17.2% 




Sold


825


948


-13% 


910


932


-2.4% 




Pended


848


699


21.3% 


930


877


6% 






Notice how many fewer properties there are for sale from June 2010 to June 2011. Buyers have 21.8% fewer homes and condos to choose from. This probably explains why there was 13% fewer sales between the two months. However, looking at the longer term trends by comparing the same quarters there were only 2.4% fewer sales even though there is 17.2% fewer properties out there for sale. Pending sales which is an indicator of future sales remain strong.


Sarasota Months of Inventory





The months of inventory based on closed sales for Sarasota homes and condos are at 6.5 months. Many view this is a balanced market between buyers and sellers. 


Give us a call at 941.812.6272 if you are interested in buying or selling in the Sarasota, Florida area.
 ]]> </description>
            <pubDate>Mon, 11 Jul 2011 08:05:35 -0400</pubDate>
                    </item>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/poll-where-is-the-sarasota-real-estate-market-now.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/poll-where-is-the-sarasota-real-estate-market-now.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>Poll: Where is the Sarasota Real Estate Market Now?</title>
            <description> <![CDATA[ 



Comments Wanted


I would love to hear where you think the Sarasota real estate market is on this market cycle. Please make a comment. Are better times ahead? Are things going to get worse before they get better? Where do you think we are on this chart?


Since there are those debbie downers out there who just love to spread negative news and energy I am only going to post comments with valid email addresses. I promise not to post only the positive comments. 


March 2011 Pending Sales Exceed Sales of March 2003, 2004 &amp; 2005





 


The above chart shows the pending sales and closed transaction from 2003 to 2011. Pending sales are an indicator of future closed transactions. You can read more about this at my other blog post - Sarasota 2011 Pending Sales Outpaces Pending Sales of 2003, 2004 and 2005.


Tulip Mania


On a side note, if you have not heard the story and want an interesting read follow this link - Dutch Tulip Mania. It is generally considered the first recorded speculative bubble. The term "tulip mania" is now often used metaphorically to refer to any large economic bubble (when asset prices deviate from intrinsic values).
 ]]> </description>
            <pubDate>Mon, 18 Apr 2011 21:08:08 -0400</pubDate>
                    </item>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/sarasota-2011-pending-sales-outpaced-2003-2004-and-2005-pending-sales.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/sarasota-2011-pending-sales-outpaced-2003-2004-and-2005-pending-sales.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>Sarasota 2011 Pending Sales Outpaced 2003, 2004 and 2005 Pending Sales</title>
            <description> <![CDATA[ 



 


Remember the boom years of 2003-2005? Remember when the market was going crazy and everyone became a buyer of investment properties, regardless of price? Well, here is some interesting news. The March 2011 pending 
sales, which is a future indicator of closed sales, has outpaced pending sales of March 2003, 2004 and 2005. 


The chart above shows the number of properties for sale, sold and pending. The red line indicates pending sales. See how it spiked in March 2011? That is good news for the Sarasota real estate market. The market is liquid at the right asking price. 






Date


3/3


3/4


3/5


3/6


3/7


3/8


3/9


3/10


3/11




For Sale


4442 


4287 


3396 


10914 


13331 


13331 


12878 


7104 


6597




Sold


637 


835 


814 


569 


569 


561 


472 


758 


786




Pended


738 


1029 


934 


615 


606 


604 


604 


1014 


1152 




Avg. Active Price


645 


751 


973 


662 


583 


526 


526 


532 


491 




Avg. Sold Price


294 


339 


447 


468 


456 


363 


363 


234 


220 




Avg. Sq. Ft. Price


173 


195 


252 


270 


258 


202 


202 


140 


131




Days on Market


86 


89 


62 


85 


122 


131 


122 


116 


122




Median


185


218


282


309


290


219


125


139


128






Take a look at the numbers above. They are pulled from out MLS system and disected neatly. In March of 2011 Sarasota county has 1,152 pending sales. Which is quite impressive when compared to the pending sales of the red hot real estate market from March 2003-March 2005. The difference being the number of properties for sale. It is much more impressive to sell 1,029 properties when you have just over 4,200 properties for sale versus 1,152 with over 6,500 properties for sale.


Notice how the average sold price in March 2011 is $220,000 whereas it was $294,000 in 3/2003, $339,000 in 3/2004 and $447,000 in 3/2005. 


What Does All of This Mean?


It means we are eating through our inventory and on our way to recovery. Will prices start appreciating tomorrow? Unlikely. Will they ever? Most likely.




 ]]> </description>
            <pubDate>Mon, 18 Apr 2011 20:03:09 -0400</pubDate>
                    </item>
        <item>
            <guid>http://www.luxurysarasotarealestate.com/blog/sarasota-home-inventories-drop.html</guid>
            <link>http://www.luxurysarasotarealestate.com/blog/sarasota-home-inventories-drop.html</link>
            <author>marc@luxurysarasotarealestate.com (Marc Rasmussen)</author>
            <title>Sarasota Home Inventories Drop!</title>
            <description> <![CDATA[ 
Good news for the Sarasota real estate market. Inventories continue to decline while pending sales and closed sales rose. Take a look at the chart below from Trendgraphix.com which pulls sales data from our Mid Florida MLS. 





The data above is for Sarasota county. It is great to see the number of properties for sale decrease from 6,670 to 6,286. Also notice how pending sales shot up from 991 in January 2011 to 1,392 properties in March 2011. This is a indicator of future closed transactions. 









Current vs. Previous Month


Current vs. Same Month 1 Yr Ago







Mar. 11


Feb. 11


% Change


Mar. 11


Mar. 10


% Change




For Sale


6,286


6,670


-5.8% 


6,286


7,095


-11.4% 




Sold


940


765


22.9% 


940


965


-2.6% 




Pended


1,392


1,074


29.6% 


1,392


1,128


23.4% 






Compared to March of 2010 today Sarasota has 11.4% fewer properties to sell. From somone working in the trenches I see this everyday as I continue to have trouble finding good homes for sale priced in line with the market. 


Take a look at the pending sales from March 2010 to March 2011. There are 23.4% more pending sales this year! That is fantastic news for everyone involved in the real estate business - buyers, sellers, home inspectors, real estate agents, attorneys offices, mortgage professionals etc. 


Not trying to toot my horn but I did predict a good season when I wrote "The market is busy, busy, busy" on March 8th.  


There Are Still Plenty of Opportunities Out There


Depending on what you are looking for you still have plenty to choose from. You just have less of it. And you will probably continue to have less of it as the Sarasota real estate market continues to bottom. There is no need to rush out and buy next week. There will still be plenty of buying opportunities over the coming months. However, you just won't as many to choose from and you cannot be as picky as you could last year. 


Give us a call at 941.812.6272 to help you find a great home or condo to buy.
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            <pubDate>Mon, 11 Apr 2011 15:44:15 -0400</pubDate>
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