This Three Oaks Home on Cedar Oak Way just sold today for $319,000. This home came on the market on August 14th and was under contract to close in just 7 days!  This has now become the state of the real estate market in Sarasota.  We have seen no slow down of activity through the summertime and we are anticipating one of the busiest winter selling seasons since the boom years.  Our inventory continues to stay at a 10 year low with an increase in buyer interest in Sarasota Homes. If you are interested in selling your home I would like to talk with you about the current market conditions and what your home is worth.  Please feel comfortable in calling me for a confidential chat.  I can be reached at (941) 586-4790 or you can Email me directly at

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There has been much discussion and general confusion about a tax on real estate from the new Obama health care law that is scheduled to go into effect this coming year. The following is a list of ten things you need to know about the health care tax on real estate as recently researched and published from NAR - National Association of Realtors®. NAR has prepared a guide "Top Ten Things About the 3,8% Tax".  Be advised to check with your tax professional about how this tax effects you.

Health Care Tax on Real Estate1) When you add up all of your income from every possible source, and that total is less than $200,000 ($250,000 on a joint tax return), you will NOT be subject to this tax.

2) The 3.8% tax will NEVER be collected as a transfer tax on real estate of any type, so you’ll…

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Sarasota Real Estate Market Remains Hot in August

The Following was reported from the Sarasota Association of Realtors dated September 17, 2012

Members of the Sarasota Association of Realtors® sold 819 properties in August 2012, up 36 percent from last August as the hot summer sales market in local real estate showed no signs of cooling off.

SALES
The breakdown was 587 single family homes and 232 condos sold, compared to last August, when only 445 single family and 156 condos sold (for a total of 601 closed sales). The August sales reversed the July 2012 trend, when sales dropped to 699. July has been a slower sales month for the past few years, but the strong rebound in August was unexpected and welcomed by local Realtors®.

“The old adage says…

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Beggar the Dolphin near Casey KeyThis past Friday September 21 the beloved "Beggar" the dolphin was found floating in the Intracoastal Waterway near the Albee Road Bridge to Casey Key.  Beggar, named for his constant begging for food and attention from boaters for the past 20 years has been a Sarasota icon and a natural tourist attraction for boaters  near the Albee Road Bridge.  This bottled nose dolphin could be seen daily in the no-wake zone swimming up along side every boat looking for a free hand out.  Feeding and petting dolphins is punishable with up to a $100,000 fine and possible up to a year in jail under the Marine Mammal Protection Act.

"Beggar was a local icon and tourist attraction for over two decades, and the results of this necropsy are a reminder of how people's…

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Sometimes when people are thinking about moving they will ask me the question,

Should I Rent My Home or Should I Sell My Home?

As with all of life's greatest questions the answer is usually the same.   WELL, . . . .  That Depends!

Don't you just love that answer?  It really depends on so many different factors that I thought the  best way for people to make that decision is to be better informed.  The following article came from Steve Harney and his team at KCM.   Just some food for thought. Enjoy!

Should I Rent my House If I Can't Sell It?

should_i_rent_my_home_400_01 

by The KCM BLOG August 6, 2012

There has been a lot written about how buying a home is less expensive than renting one in many parts of the country. Rents are skyrocketing and homes are at bargain prices.…

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This Four bedroom Grove Pointe home is in the Ashton School District as well as being in the school districts for Sarasota Middle School and Riverview High School. grove_pointe_four_bedroom_home_for_sale_in_the_ashton_school_district_400 

Grove Pointe is the perfect affordable family neighborhood with double sidewalks, larger lots, a low annual HOA fee.

Grove Pointe is conveniently located to Home Depot, Super Walmart, Publix, Sports Authority, along with having quick access to I-75 either from the Bee Ridge or Clark Road exits.

This true 4bedroom, 2.5 bath spacious home offers a fenced backyard, swimming pool, an outside fire pit to enjoy toasting marshmallows, granite kitchen countertops, wood laminate flooring and vaulted ceilings.  Nice separation of rooms for several activities to happen at one time.

Four bedroom Grove…

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There are Four Bedroom Homes for Sale through-out Sarasota.  The question is what type of lifestyle are you looking for?

Sarasota offers all the different styles of living that you can imagine and in each of those areas there are always some 4 bedroom homes for sale.  Let me give you some examples of what Sarasota offers.

We have Equestrian Homes that are located East of I-75 which can still put you as close as 25 minutes to the beach,   Family Neighborhoods near great schools and convenient to shopping,  Country Club/Golf Course Neighborhoods giving you unlimited access to some of the finest golfing on the west coast of Florida  an Airpark Neighborhood for you and your airplane,   Waterfront Neighborhoods, and  four bedroom homes located on all of…

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Sales in the Second Quarter at the Highest Level Since 2005

Please find below the monthly statistics from the Sarasota Association of Realtors published July 17, 2012.  The numbers don't lie they just tell you what has happened. As our local market continues to be as busy in July as it was in January buyers are starting to find that prices are moving upward as our inventory stays low and the demand has increased.

If you have any real estate questions about your home value or about the available homes for sale please feel comfortable in calling or emailing me. 

The following information is from the monthly Sarasota Association of Realtors report.  For the full report with graphs please visit their website at Sarasota Association of Realtors monthly…

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Sarasota Real Estate Market Report:

May 2012 Closed Business

sarasota_real_estate_market_report_400_01These sales numbers and pending transactions are reflecting a recovered Sarasota Real Estate Market.  Please find below the latest numbers of closed business transactions for May 2012 as published by the Sarasota Association of Realtors.

 

Sales in Sarasota Market Continue at Hot Pace in May

Sarasota Association of Realtors, June 19, 2012

The May 2012 numbers are in, and property sales in the Sarasota market once again topped 800 for the third consecutive month. The 854 closed transactions was the second highest total since September 2005, demonstrating once again a market that has recovered to levels not seen since the 2003-2005 real estate surge in Sarasota.

SALES

The breakdown was 591…

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