Sarasota Real Estate Blog

 

 

The internet has become a cornerstone to the real estate industry over the past twenty years. The interconnection between various technology and the web has exponentially grown to incredible heights in 2020. Some industries are slower in adapting to the new implementation of virtual tools, and real estate has notoriously been one of them. However, in recent years the real estate industry has been transforming itself to enhance buyers and sellers experiences like never before.
In the United States alone, almost $3 trillion of our country’s economy stems from the real estate market. That’s a healthy chunk, to say the least. Technology companies have finally come to realize the opportunity to infiltrate the market like never before. Here are

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We have had quite a unique start to 2020 across the globe. We’ve seen 
some unprecedented events. However, here in Southwest Florida, the 
real estate market is already showing very strong signs of thriving.

“It did not stop, but it dropped fairly dramatically,” David Clapp, 
President of the Realtor Association Of Sarasota & Manatee, explained 
to WWSB7 local news. One major factor that has helped boost the 
housing market in Sarasota has been the addition of virtual open 
houses. Virtual walk-thru’s and open houses may even become a gold 
standard in the near future—a luxury many Realtors and home-buyers on 
this coast have gladly relished. In addition to this virtual luxury, 
mortgage rates have remained low, helping buyers (especially first 
time

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In some instances, foreclosures may be dropping in certain parts of the country. However, in many larger metropolitan cities, foreclosures account for a substantial amount of the market.

How many home-seekers do you know that start their search sifting through local foreclosures? The reality, is, probably not many. It’s common for home buyers to leave foreclosures as a last resort of skip them all together. I’m here to tell you that foreclosures are in fact a remarkable investment and can make for an ideal find for you and your family.

Just under 1 million homes in the U.S. are foreclosures according to Experian. "Florida has a statewide home foreclosure rate of 0.72%, which doesn't seem too steep a figure given the Sunshine State's

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Southwest Florida has a myriad of pristine islands along its’ coastline. Most of these keys are highly coveted real estate gems. One of these islands are one of the most beautiful and famous islands in the entire country. The family-friendly laid-back and natural Anna Maria Island awaits – just 20 minutes from the cozy town of Bradenton.

Anna Maria Island was first settled in the beginning of the twentieth century by Tampa Mayor Madison Post who then named the island for his wife Maria and his sister-in-law Anna. The island quickly became a huge fisherman’s hub with families and nautical enthusiasts flocking to the island in droves. Hundreds of people starting settling the island toward the mid twentieth century.

Once you get on the island,

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Many of us know (especially in the real estate industry) that buying a home is in fact one of the best financially sound and promising investments you can actually make. But this doesn’t go for just your primary residence—this goes for purchasing a second home for passive rental income as well. The extra money per month isn’t the only positive trait of investment properties either. Here are some other reasons purchasing a second income is a great idea.

  1. Cash, Cash, Cash – Even a beginner in real estate investing—if following proper guidance and research—can make plenty of extra money right out of the starting gate. The best advice is to contact your real estate agent to see how they can guide you through the process.
  2. Live Rent Free– The
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1. Create a home design that’s right for you

Would you want to have someone else’s kitchen counter tops, wood flooring, or light fixtures decorating your home, or would you rather
create your own home environment that best suits you? I’d say the latter is the best bet.

2. Assurance that the layout of your home meets your needs

Want a master bathroom with dual sinks? Its yours. Want an open area
kitchen? Yours. You can have it all with new construction. Make sure you and your Realtor have open communication with your builders to ensure that the layout meets every custom need and desire.

3. All New, Under Warranty

A used home likely has tired products that may soon need replacing. Your new home — and the products that comprise it — are

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Bird Key has a vibrant history, dating back to 1917 when the very first home was built. Like many areas and islands in the area, John Ringling purchased this island just a few years later and started building it up to what it eventually is today.

Situated in the heart of Sarasota Bay, this breathtaking 250 acre Key is the hottest, most exclusive community in the entire County. Nestled right off the John Ringling Causeway bridge, Bird key is perfectly located with easy access to downtown Sarasota, and Lido Beach—a popular family friendly beach area that houses the famous St. Armand’s Circle. The key is decorated with hundreds of single-family homes that are awe-inspiring to locals and tourists alike. In fact, over half of the 500 homes on Bird

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There is a plethora of reasons to uproot from your current neighborhood and move into a 55+ neighborhood. Maybe you want a simpler lifestyle. Maybe you want to get away from the hustle & bustle of your up and coming neighborhood. Maybe you just want to be around like-minded folks. The choice for Floridians moving into 55+ neighborhoods is skyrocketing.

Most Floridians have thought about the move as an eventual step, but what exactly can you expect from an active adult community?

Active Lifestyle

Many 55+ communities are referred to as “active adult communities” for a reason—there is never a dull moment. There is always something to do. Many communities have outdoor activities such as shuffle board, tennis courts, fitness centers,

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Moving to a new city can be stressful. Most families are looking for a new home, job, getting a lay of the land, and of course—schools for the kiddos. This may be one of the most important decision you can make as a family upon moving to a new place.

The right educational fit for your child is the most paramount decision you may ever make for him or her. This decision becomes more difficult upon arriving in a brand-new environment where you are unfamiliar with the education system. What are the best schools in the area? What criteria determine the quality of school for that state? Well, we’re here to help alleviate some of these worries for you.

 

What are the different education options in Florida?

  •        Magnet Schools
  •       
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 You’ve probably done a Google search for “what is my home worth?” or “home value calculator.” According to Forbes, 22% of U.S. homeowners who determined their home’s value used an online estimator. Millennials are the big culprit of utilizing these automated valuation models (AVM) . You can find these on any big lending/bank website, or on sites like Zillow, Redfin or Trulia.


A very important step for when you’ve done your initial AVM calculation is to get a comparative market analysis, or CMA. This will give you various sources to weigh your comparisons to get a comprehensive estimate of the value of your home.

One option provided by the federal government is the FHA House Price Index Calculator. It is a more scientific and calculated

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