Found 1 blog entry tagged as buying a home in Sarasota for less than $800..

Sarasota back in the National Spotlight

“U.S.  News and World Report” has just published a report “Where to Buy a Home for less than $800 a month” and Sarasota made the list at #2.  Here is an excerpt from the Article.

"#2. Sarasota, Fla.: Although exotic mortgage products and investor excitement sent home prices in Sarasota soaring during the housing boom, the subsequent crash hit the market as hard as anywhere in the state. Median home prices in the Sarasota area plummeted from $311,000 in 2007 to $185,000 in the second quarter of this year. But this steep drop only makes this sun-drenched community on Florida's west coast more attractive for home buyers, says Jack McCabe of McCabe Research & Consulting. McCabe says Sarasota's smaller size provides its…

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