City and county leaders are on the verge of hailing new, creative efforts to reduce traffic congestion in downtown Sarasota and on Siesta Key. The plan would involve consolidating one of the bus routes on the key now, stretching south along Beach and Midnight Pass roads from the village area to Turtle Beach and back.
Sarasota Real Estate
The end of 2015 witnessed record-breaking sales for both Sarasota and Manatee counties. January sales reflected the expected seasonal dip as a result of reduced buying activity during the holidays, even as median prices continued to rise.[...]
A Boston developer plans to build a boutique hotel in the city's Rosemary District, joining a throng of new projects targeting the hospitality industry.
The 76-room hotel, called The Sarasota Modern, is planned on about one acre at the southwest corner of Boulevard of the Arts and Cocoanut Avenue, just east of U.S. 41.
The five-story building would include a 151-seat restaurant, outdoor pool, juice bar and gym and spa, according to plans recently filed with the [...]
The owner of the former Sarasota Quay property is taking initial steps toward development.
GreenPointe Communities, which paid $27 million for the 14-acre bayfront site last December, expects to submit a formal development plan to the city of Sarasota early 2016.
The project, called "Sarasota Bayside," will - for now - retain the scope of the development that was approved eight years ago, GreenPointe regional president Rick Harcrow said [...]
The October real estate market in Sarasota and Manatee counties remained strong, with overall sales slightly lower than September and last October, but median sale prices up substantially over last year at this [...]
Sarasota offers a wealth of activities and events for the Holiday Season. We've included highlights of upcoming Sarasota Events for the whole family to enjoy.
Siesta Key Crystal Classic, Nov. 13-17 Sand sculpting festival includes first-rate artistry, lives music and vendors at world-famous Siesta Key Public Beach. Info: [...]
Property sales in Sarasota and Manatee counties were somewhat slower in September 2015, but the drop off from August was expected after an unprecedented six month run of record-setting closings. In addition, the start of fall 2015 looks a lot like the same time last year, but with one major exception. Single family home [...]
Longboat Key was the No. 9 best island in the U.S. in Conde Nast Traveler's 2015 Readers' Choice Awards. Hawaii's Maui, Kauai, Oahu and Big Island nabbed the top four slots. Amelia Island, which ranked No. 10, was the only other Florida location to make the [...]
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, [...]
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 [...]
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