News and updates of the Sarasota and Bradenton area luxury real estate market. Check back often to get information about all your Sarasota area real estate news.

Southwest Florida is a mecca for beautiful waterfront homes. Homes on the water will forever be one of the most popular types of properties for aspiring home owners. The amazing scenery and idyllic locations make these properties high in demand. When you start your search for waterfront homes, you want to make sure you are asking the right questions with your Realtor. There are a slew of different factors a waterfront property purchase entails. As a home buyer, make sure the right steps are being taken when on the hunt.

First off, a potential buyer should know exactly what they're are buying. The term “waterfront” can mean a variety of different things depending on the geographical location you reside. Aqueducts, reservoirs, lakes, ponds,…

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After a strange couple of years, the end of 2022 has been showing some significant promise in the real estate market in Southwest Florida and we couldn't be more excited. It is no secret that buying a home is one of the best financial investments one can make. Not only for a primary residence, either, but for purchasing a second home for passive rental income, as well. Some folks that have had a rough couple of years could strongly benefit from this. Others who have been financially unchanged can also benefit. Those who wisely invest in the real estate market often come out on top. The extra money per month isn’t the only positive trait of investment properties either. There are an abundance of reasons purchasing a second income is a great move to…

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Bird Key is one of those places where luxury meets simplicity. Boasting beautiful homes, and lavish parks, it is the perfect spot to take in the most scenic views in Southwest Florida.

Bird Key has an amazing history full of vibrant stories and culture 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.

The scenic key is directly situated in the heart of Sarasota Bay, while it’s 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,…

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Golf course communities are a perennial luxury attracting thousands of people per year to Southwest Florida.  While many of us enjoy catching rays and relaxing on the green, that's not all they're for. These luxurious communities are an incredible area to raise families in Southwest Florida. There are millions of people across the United States living in a SFR, apartment, condo or townhome in a common urban or suburban neighborhood. There are however, a growing amount of Americans who are moving to golf course communities. But what exactly are the benefits of living there? Why are people flocking to Southwest Florida golf course communities in droves?

It's quite simple, really. Beauty and elegance is everywhere in Southwest Florida. Sarasota is…

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Have you ever been personally and financially ready to pull he trigger on buying a home, yet were hesitant because of outside factors such as the economic and housing market outlook? You’re not alone. Thousands of people across the country every year are renew their lease and continue shredding dollars renting because there are outside forces delaying their buying process.

 

There are a lot of factors that affect the housing market such as inflation, economic woes, etc. However, the fall elections and 2020 Presidential elections are on people’s minds. Everyone’s eager to buy or sell at the right time and depending on who wins the next presidential and congressional elections in Washington could skyrocket or slightly hurt the housing market.…

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Sarasota County saw the 2nd highest level of sales in its history in April 2014, a total of 1,195 closed transactions. That figure was topped only once by the 1,223 sales reported in April 2004, just preceding the real estate boom that saw rapid price escalation.

“Activity has been robust, and clearly there continues to be tremendous interest in buying properties in Sarasota County,” said Sarasota Association of Realtors® President Peter Crowley. “Last year, June and July also showed a high level of sales and activity in the Sarasota real estate market, and we are hoping for a repeat in 2014.”

Pending sales maintained a high level in April, at or close to the previous several months, and economists consider pending sales to be a good indicator of…

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Have you dreamed of living on a secluded, relaxing island where the average temperature year-round is in the 70’s, you’re surrounded by sunny beaches and warm waters and the natives are as friendly as any you’ll meet anywhere?   If that’s your dream, you should become familiar with Anna Maria Island.

Anna Maria Island is one of the many barrier islands off the west coast of Florida, this one off the Coast of Manatee County.  It is a narrow strip of land about 7 miles long.  It is bounded on the north by the waters of Tampa Bay, on the west by the Gulf of Mexico along some of the nicest beaches in Florida, on the south by Longboat Key and on the east by Anna Maria Sound and across a causeway, the city of Bradenton Florida.

Anna Maria Island is divided…

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west-of-trail_photoAsk any native of Sarasota where the most desirable properties in Sarasota are and you will very likely be told "West of the Trail".

The group of "West of the Trail" (The “Trail” is the Tamiami Trail aka U.S. Route 41) neighborhoods lie on the west (or bayfront) side of South Tamiami Trail.  The area is bounded generally by Mound Street on the north and by Bay Road on the south.  Many of these neighborhoods sit under canopies of 100-year old banyon trees.

Prospective buyers considering homes in the "West of the Trail" neighborhoods are generally seeking more than one of the following attributes:

  • Homes with historic significance
  • Excellent schools within walking distance
  • Proximity to a hospital and excellent health care at Sarasota Memorial

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sarasota34_400Across the nation, new construction homes and existing home sales are strengthening and prices are continuing to rise, stoking confidence among observers of the housing market that a recovery is underway.  Nationwide, sales of existing homes jumped 10.4% compared with the same month last year.  In step with the nationwide market, Sarasota Florida area home sales, which normally drop off during the summer months, remained strong in July with 699 closings, almost 17% higher than the level in July, 2011.  The local July home sales included 523 single family homes and 176 condominium sales.

Beneath all this good news, however, lies a dilemma developing here in the Sarasota - Bradenton area.  There are simply not enough homes available here to meet the…

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sarasota-lifestyle-7_400In the 2nd Quarter of 2012, the Sarasota real estate market achieved the highest level of sales in seven years.  There were 2,604 home and condo sales from April through June.  The 864 closed transactions in June alone represent the second highest number of home and condominium sales since September 2005.   The only higher point was in April of this year when sales were slightly higher at 886.  As expected with the migration north of our snow birders, the number of pending sales (properties undercontract but not yet closed) dropped just slightly in June after four months in a row when pending sales topped 1,000.

The available inventory of homes and condos on the market dropped again to another 10-year low of 3,816.  The June inventory of homes for sale…

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