CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties (approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, [...]
Homes In Sarasota
Home buyers in Southwest Florida are still paying with cash at one of the fastest rates in the nation.
Several recent studies show the Sarasota-Bradenton metro area maintains a higher percentage of cash buyers than almost anywhere else in the U.S.
It's a similar situation throughout Florida.
Of the 10 metro areas with the highest share of cash purchases in the first quarter, more than half were in Florida, according to real estate analyst [...]
Homes Sales and Price Indicators - The number of buyers who signed contracts to buy existing single-family homes and condominiums in Southwest Florida dropped in July from June, but remained ahead of last year's pace.
- Real estate agents reported 1,473 new pending sales in Sarasota and Manatee counties in July. That was down about 5 percent
June 2015 Sales - Sarasota Real Estate
Falling inventory didn't hold back the real estate market in Sarasota and Manatee counties in June 2015, as sales continued to push into near-record territory and median sale prices rose in both [...]
Top 10 Places to Retire 2015
Sarasota Ranked in Kiplinger's Top 10 Great Places to Retire 2015
Maybe you like the idea of retiring to a town where you'll never wield a snow shovel again. Or, trading your pricey home in a high-tax area for a more affordable city. Or, ditching the suburban cul-de-sac for an urban [...]
Rising prices and shrinking inventory couldn't cool home sales in Southwest Florida last month.
Sales of residential real estate in June maintained what could be another record-setting pace, with deals rivaling the numbers put up during the pre-recession boom, according to data released [...]
Cash on the table remains the preferred method of payment for home buyers in Southwest Florida.
Florida ranked second in the U.S. with 47.6 percent of all-cash sales, second to New Jersey's 48 percent.
Naples-Marco Island led the nation with 56 percent of cash sales, while Miami was third at 53.4 percent, Ocala fourth at 49.9 [...]
Rising Housing Sales
Southwest Florida is among a growing number of metropolitan areas where the cost of housing -- both to rent or buy -- is approaching record highs.
A strong turnaround in home sales and a suppressed stock of real estate listings has lifted prices to their highest level since the boom of the mid-2000s, while rents are [...]
By a single sale, residential property sales in Sarasota County reached a new high point in April.
- Buyers closed on 1,224 existing single-family homes and condominiums in the county in April, topping the previous record set in April 2004 by one sale.
- Manatee County posted 813 home and condo sales in April which, while not a record setter, was 9 percent ahead of last [...]
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