Homes In Sarasota

Home Equity: You May Have More Than You Think

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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, [...]

Sarasota-Bradenton 2nd in Nation for Cash Sales

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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 [...]

August 2015 Inventory Drops; Prices Climb

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August 2015 Sarasota Real Estate Market Report

The active inventory of properties for sale in Sarasota and Manatee counties continued to drop in August 2015, while the median sale prices skyrocketed over last year at this time, demonstrating a strong seller's market in the [...]

Home Sales and Price Indicators Stay Strong

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
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June 2015 Sales Continue Record Pace

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 [...]

Sarasota Ranked in Top Places to Retire

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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 [...]

Sales and Prices Rise as Inventory Shrinks

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Prices Rise as Inventory Shrinks

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 buyers still dominate housing market

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Cash Buyers

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 [...]

Economists Predict Rising Housing Sales -- Prices

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 [...]

Home Sales Remain Hot in Southwest Florida

IT ONLY TAKES ONE TO SET A RECORD

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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