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sarasota_real_estate_market_report_march_2012_400Please find below the Sarasota Real Estate Market report for March 2012 closed business that was released this week from the Sarasota Association of Realtors to its members and the public. 

As you will see activity has drastically increased, inventories are low, and median prices have started to rise.

If you have questions about a particular area of Sarasota please feel comfortable in calling or emailing me to learn more. 
  



The following information was taken from the Sarasota Association of Realtors Monthly report dated April 18, 2012.  To see more information and graphs please visit their website at Sarasota Association of Realtors.

 

SALES

The Sarasota real estate market saw sales climb to a seven year high in March 2012, with 831 properties…

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As the Sarasota Real Estate Market continues to rebound examples of homes selling quickly is the evidence of how strong the Sarasota Market has become in the past several months.  Speculation of a rebounding market is one thing, however actual results is another. 

ashley_parkway_homes_for_sale_400_01I recently listed this very stately custom built Lee Wetherington home in the Sarasota Neighborhood of Ashley which is located just East of I-75.  This Ashley Parkway home located at 5544 Ashley Parkway, came onto the market January 13, 2012 and by January 18 I had a fully executed contract with one of the buyers with whom I had been working with.

This home came onto the market priced at $525,000 and closed for $520,000 on March 16th.  During the short time it was on the market I had several…

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Please find below the Sarasota Real Estate Market Report for February 2012 closed business. sarasota_real_estate_market_report_400 Sales continue to climb with Pending sales at an 11 month high.  In just a few words describing the current Sarasota Real Estate Market:

Sales are UP
Prices are Stable
Multiple offers are happening, and
Pending Sales are off the charts.

If you have any real-estate questions or know of someone who does please feel comfortable either in calling or E-mailing me and I would be happy to help.  

The following information was taken from the Sarasota Association of Realtors Monthly report dated March 14, 2012.  To see more information and graphs please visit their website at Sarasota Association of Realtors.
 

Sales Climb in February 2012: Pending Sales Rise to 11-Month…

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This past week “Top Retirements.com” rated Sarasota, Florida at the top of their list for Best Places to Retire.  Please see their article and links to their website below.

sarasota_best_place_to_retire_1000

Your Editor Picks: How We Rank the 10 Best Places to Retire – And Why

"February 28, 2012 — Last week we announced the list of the 100 Most Popular Retirement Towns, our annual list of the places that our visitors and members seem the most intrigued with. This week we decided to take that idea a little further by analyzing that list against 12 important retirement criteria. The result is a top 10 that looks very different, with 4 towns from the top 20 moving up to the top 10. Here are your editor’s selections for the “10 Best Places to Retire” – (the # in ( ) was its ranking…

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The Sarasota Real Estate Market continues with more good news of activity.  Please find below the most recent report as published by the Sarasota Association of Realtors for closed January 2012 business.

 


sarasota_market_update_with_sarasellssarasota_400The up-tick in our market continues with properties that are priced correctly being seen quickly by serious buyers who are ready to own a piece of sunny Sarasota. I personally had 3 properties in the past 2 months that I brought onto the market and within days had serious offers and moved quickly to the closing table. 

I included with this update a link to a video clip interview done by Al Roker of the Today Show with Barbara Corcoran. Barbara chooses Sarasota. To see the clip please visit   
#1 Biggest Market Sale.

This positive National news…

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Trader Joe’s is coming to Sarasota, FL trader joe's is coming to sarasota

The Sarasota Herald reported this morning that the popular grocery store chain Trader Joe’s is opening their second Florida store in Sarasota. Trader Joe’s confirmed this week that they will be opening a store at the former Rooms To Go furniture store location at 4101 South Tamiami Trail which is just south of Bee Ridge Road and across the street from the Best Buy and Barnes and Noble shopping plaza.  Rooms To Go built and moved to a larger store further south on Tamiami Trail this past year. 

Sarasota is the second Trader Joe’s location in Florida, their first is in Naples, Florida. Trader Joe’s has become one of the most profitable retailers in the country based on square footage selling space according to…

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This past week the Sarasota Observer published the article below about the new growth that is happening in the Palmer Ranch area of Sarasota.  There is a definite uptick in activity with the new Kohl’s and Lowe’s stores now open and soon to have a new Costco that is now under construction.  As you will read there is also talk of new homes being built in Palmer Ranch.

Visit   Palmer Ranch Real Estate  to view all of the homes that are for sale. Choose a Palmer Ranch neighborhood from the list.

Palmer Ranch adding Homes, Jobs, Businesses.

Date: February 2, 2012

by: Kurt Schultheis | City Editor

Call it a new boom on the South Trail.

Palmer Ranch Holdings LLC Vice President Justin Powell confirmed for the Sarasota Observer this week that Palmer Ranch is under…

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hidden_bay_condo_for_saleThis Hidden Bay Condo for Sale is located at 223 Hidden Bay Drive Unit #203. 

This lovely 3 bedroom turn-key end unit has southerly views of the pond and fountain.  It has been freshly painted, spacious and bright with gorgeous wide plank wooden flooring. 

The master bath has a walk in closet, Jacuzzi tub and separate oversized walk-in shower and double vanity.   Enjoy relaxing on your screened in lanai or open deck taking in the fresh Florida sun. 

Other upgrades on this Hidden Bay condo include a new kitchen sink, dishwasher and a newer air conditioning unit.  Hidden Bay makes a great place to bring the whole family and is pet friendly too.  Under the building is a 2 car garage.  


 

 

 



This Hidden Bay Condo is now for sale for $225,000. This is a 3…

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The following article was published January 2012  By Donna Gehrke-White, Sun Sentinel, Ft. Lauderdale, FL.

WASHINGTON – Jan. 9, 2012 – You may owe federal income taxes in 2013 if you have a short sale, foreclosure after this year. Now is the time to make the hard decision: Are you going to walk away from your underwater home?

Uncle Sam is still giving homeowners until Dec. 31, 2012, to go through a short sale or foreclosure without tax consequences – as long as the lender officially releases the debt.

But on Jan. 1, 2013, the rules change: The amount a lender forgives, ether in a short sale or foreclosure, on a primary residence will be taxable on federal income taxes.

So if a house sold $50,000 short of what is owed on the mortgage, then the selling…

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