Time to Buy a Sarasota Home!

Sarasota real estate offers you a fabulous opportunity to get into the housing market at just the right time. Prices for Sarasota real estate appear to have rounded the bend and are now experiencing some upward movement. This is particularly good news for buyers as it is always better to buy into a rising market than to buy into a falling market.

Here are a few property listings that were posted to the MLS/IDX within the last seven days:

See ALL Sarasota homes…

Falling prices tend to guarantee at least short-term losses while rising prices offer a whole different picture for long term investments!

Homebuyers Take Note: Inventory of Sarasota Homes is Decreasing

Inventory is also beginning to taper off and is down from its high to a more normal 6.5 month supply. There is more robust movement in homes selling under $200,000, especially single family residences built after 2004. Many Sarasota real estate listings under $200K are in fairly condition, often not requiring much more than a little “TLC.” Sarasota home construction is durable; most are built from concrete block and stucco construction and are able to withstand winds up to 130 mph.

 

Positive Signs Ahead for Sarasota Homes

Another excellent sign of the beginnings of a recovery for Sarasota real estate is the decrease in foreclosure inventory. As the supply of distressed homes dwindles, its dampening effect on the general Sarasota homes market becomes less significant. But the good news doesn’t stop there as another definite positive indicator is that listed homes are beginning to sell more quickly.

Together, these signs spell opportunity: the opportunity for you to experience the Sarasota home market at the beginning of what is shaping up to be a combination of good selection, good prices and great interest rates. That’s why I encourage my buyer clients to take advantage now as this opportunity is going to be tough to beat.

property sarasota ringling

What’s Hot on the Sarasota Real Estate Scene?

One really hot spot (and I’m not talking Florida temperatures) for Sarasota real estate is the very popular Lakewood Ranch area. Ranging in price from $150K to $3 million, Lakewood Ranch is one of the most popular neighborhoods in Sarasota real estate with over 3,500 homes—spread out over seven villages of mostly single family homes but inclusive of lovely townhomes and custom luxury estates as well. A planned community, Lakewood Ranch offers a variety of neighborhood amenities including restaurants, top-rated schools, abundant stores and shops, a medical center and hospital, three highly rated golf courses and 150 miles of walks and trails. You’ll never be bored! And, you’ll never be sorry you chose Sarasota real estate to make your home.

Are You Considering South Sarasota?

If you are considering south Sarasota you might want to consider Palmer ranch. Palmer Ranch is a fabulous collection of 23 mostly-gated communities including Arielle with its lovely coach homes, Bella Villino and its spacious condos, the luxury homes of Deer Creek, the single-family homes and villas of Marabella and so many more priced between $300K and $2.5 million.

If You Like Condos with a View, or Condos in the Middle of it All…

If condo life is more your style, you will definitely want to check out the Sarasota real estate in the Longboat Key Country Club area with its spectacular vistas and breathtaking views. Condo homes here start around $700K…small priced to pay for such spectacular Sarasota homes.

And, if downtown living is your cup of tea then you will be delighted with the selection of prices and amenities for downtown Sarasota real estate starting at around $400K.

Sarasota with So Much to Offer is Close to even More!

Often considered the cultural capitol of Florida due to its many museums, galleries and entertainment venues, owners of Sarasota real estate are only minutes away from Tampa where they can catch an international flight or enjoy the play of the Tampa Bay Lightening, Rays and Buccaneers. Sarasota has the all the power of a bigger city with all the charm of a neighborhood. You will never go wrong with Sarasota.

sarasota bridge

Buying and Selling Sarasota Real Estate

I am long-time real estate professional with over 20 years in the Sarasota real estate market and a total of 25+ years counting my time overseas. As a buyer’s agent, my goal is to make certain your Sarasota real estate experience is exceptional. I am a buyers agent, a savvy negotiator, and a real estate professional who is well versed in real estate financing. My job is to make your real estate purchase memorable and completely hassle free.

Sarasota-Europe Real Estate Connection

As an added benefit to my international clients, I have the CIPS designation (Certified International Property Specialist) with special training to assist foreign nationals who are seeking real estate in the United States as well as ex patriate clients who are interested in investing in real estate overseas. I have also completed the Transnational Referral Certification program and I am a member of the International Consortium of Real Estate Associations (ICREA). This further qualifies and enables me to assist my buyer clients on a world-wide basis, especially clients who are interested in the second home and resort markets. My background and experience as a banker has developed an attention to detail and due diligence. As your Sarasota real estate agent, I know that your property purchase is one of the most important investments you may ever make, and I am here to provide you with the best available information so you can make the best possible decisions.

As your Sarasota real estate agent, I am ready to provide you with professional real estate services. Call me today and we can get started right away!


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Real Estate in Venice, Florida

If you are shopping for  real estate in Venice, FL, you could have hardly picked a smarter time to buy.  It’s a poorly kept secret that mortgage rates are at historic lows, and they have nowhere to go but up.  As a result, first time homebuyers and savvy investors alike are picking up real estate in Venice, FL; they are also capitalizing on the fact that home prices had dropped low in 2005, and that prices could hardly get lower.  They also know that property in Venice is still one of the best long term investments you can make.  If you are new to the Venice real estate market, don’t make the classic investor’s mistake of waiting for prices to go up before you buy.  Venice Island is attracting more and more young families, thanks to the charming atmosphere highlighted by the older homes, and also to the amenities that this community has to offer.

// See all Venice Florida real estate listings.


Here are a few properties that were posted to the MLS within the last seven days:

Browse ALL available real estate in Venice, Florida.

The Venice Real Estate Market

The Venice MLS inventory is brimming with properties of all types and price ranges.  But single family Venice homes priced under $350K are especially popular, thanks to market conditions that have enabled many buyers to escape the rental scene.  As elsewhere across Florida, lender-mediated listings such as bank-owned homes and short sales are abundant and are serving to keep prices down.  As this type of inventory dwindles, you can expect prices to go up.

Other types of real estate in Venice, FL for sale include beach properties on Venice Island built in the 1980’s.  You can also find some nice homes on golf courses priced as low as $300-350K, as well as some older and newer single family Venice homes with beachfront for as little as $700-800K.  New construction on the mainland by prominent builders such as DR Horton, Lennar, and Neal Communities offer newer homes that start at jaw-dropping low prices around $220K or so.

At Home in Venice

Buy real estate in Venice and you will always have plenty of things to do.  Own a Venice home and you will have quick access to wonderful beaches that offer all kinds of water sports – swimming, boating, snorkeling, surfing. Venice Beach is famous for the shark teeth you can pick up on the beach. South of the pier you will find a beach for dog lovers, the only one in the area. The pier is always packed with people who like to fish. If you don’t have luck to catch one, you can sit at “Sharkeys” enjoy fresh fish, a drink and listen to live music.

A stroll at downtown Venice brings you to nice restaurants and art shops. You will love the old fashioned “Soda Fountain” on Venice Ave. The newest addition is “The Pineapple Restaurant” with great food, live entertainment and a big outdoor area and a huge bar with a big variety of tap beer.

Your Venice FL Real Estate Agent

Venice is one of my favorite core service areas because the homes offer value, the the restaurants and entertainment venues offer variety, and the beaches offer plenty of fun.  If you are considering real estate in Venice, please contact me for a free consultation.  As your REALTOR®, I am here to help.

Find Homes in St Petersburg

While the media purveyors of doom and gloom ring the death-knell for real estate markets across the country, the market for homes in St Petersburg, FL is a harbinger of better days. The economy of St Petersburg made some small gins during the first half of 2011. More companies continued to see this community as a great place to establish business.
// Here are some homes in St Petersburg that were submitted to the MLS within the last seven days:

See ALL Saint Petersburg home for sale.

As unemployment numbers dipped, sales activity for homes in St Petersburg warmed up. Unemployment rates are still around 13 percent, but companies such as Accuform signs and Micromatic USA are still on track for expansion of business in the county’s industrial park. Other companies are indicating that they are interested in moving to St Petersburg. In addition, a $50M new hospital is being built will certainly give a boost to the local construction companies who will need to take on new employes. All of this bodes well for prices and sellers of homes in St Petersburg.

 

Another positive trend is the decline in numbers of foreclosed homes in St Petersburg. In Hernando County, the numbers of foreclosed homes dropped to 527, a dramatic decrease from the 3,332 foreclosed homes listed in 2009. Interestingly, the level of unsold inventory of homes in St Petersburg sits at about the same level that it did during the housing boom of 2005. As inventory shrinks, prices are expected to rise.