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6021 Midnight Pass Rd, Sarasota FL, 34242
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August 2012

Found 6 blog entries for August 2012.

While many national reports vary in their views on how the housing market is recovering as a whole, the Sarasota Real Estate numbers don’t lie. This past July we saw 699 closed sales, which is nearly a 17% increase from July 2011. Pending sales saw a significant increase from 860 in June to 919 in July, which is up 15% from July 2011.  Leading up to theseSarasota Market Report months, Sarasota was averaging over 1000 pending transactions per month during the spring. These trends certainly are showing a strong consumer confidence in the Sarasota area.

More Reasons to be Optimistic

Another strong indicator in the recovery of the Sarasota housing market is in pricing and availability. The median price for a single family home is right around $178,000 which is a 30% increase

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The Siesta Key bank owned homes for sale inventory numbers have dipped again. As of today there are three Siesta Key bank owned condominiums and two bank owned homes for sale on Siesta Key. I have had the opportunity to preview two of these properties. Here is what I saw:

Bank Owned Condo 

This two bedroom, two bath, 1100 sq. ft. Siesta Key Condo just came on the market at $259,000. It is located in a wonderful Gulf to Bay community on the northern end of Siesta Key. The unit is in a high rise building steps to the gulf front pool and fitness center as well as the beautiful powder sand beach.  This would be the perfect place for an investor or vacation home purchaser that is willing to rehab the unit in its entirety.  The rehab would include a new

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Downtown Sarasota ArtsWhen people from outside the area, hear the name Sarasota, the first thought tends to be about our incredible beaches. While it is very true that our beaches rank among the best in the world, those of us fortunate enough to live the Sarasota lifestyle know there is much more than sand and sun that keeps us here.

Downtown Sarasota is becoming a hub of artistic activity and entertainment for everyone.  If you are looking for a night of culture and artistic celebration, the options are endless. The Sarasota Opera House, The Players Theatre, Van Wezel, and the Asolo Repertory Theatre are just a few of the options that offer all styles of plays, music, and even improv events. 

If boating is your passion, Marina Jack’s is the ideal downtown Sarasota spot

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Sunset on Siesta Key BeachWhy Move to Sarasota?

Many, like me, used to vacation in Sarasota to enjoy the tranquility and white sands of Siesta Key only to experience true paradise and then have to go home – in my case, to a much greyer and rainier country. Sarasota is addictive though and once getting a taste, few people can stay away for long... therefore, many, like me, started visiting more frequently and eventually just never left! For, the dream is not so far from reality… you only live once, why shouldn’t it be in paradise?

It is for this exact reason that this still small town has a continually growing diverse population and people from all over the country and globe are drawn to it. Sarasota has so much to offer, especially to those who enjoy the outdoors and the fresh

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If you have been thinking about purchasing a Siesta Key Condo or home as an investment, here are some things to keep in mind:

Current Market Trends

Due to the recent volatility in various types of investments, the trends are showing that real estate is now in the forefront of investors’ minds. As prices dropped in some areas of the country over 50% many savvy buyers are seeing an incredible opportunity to capitalize on the market corrections. On Siesta Key, one of the most popular destinations in Florida and world famous for having the #1 beach in 2011, we are seeing a resurgence of investors purchasing property.

Siesta Key CondosIf you have been on the fence as to whether or not to get into the market, here are some thoughts to keep in mind. Siesta Key Real Estate

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Want to have the best tools for finding foreclosures on Siesta Key? Key Solutions Real Estate website is the best place to start. Here is a current update of all Siesta Key foreclosure homes and condos for sale.

Currently there are six bank owned properties for sale on Siesta Key.

White Sands Village:

Siesta Key Beach

Of the six, two are condominiums which consist of a one bed, one bath unit in White Sands Village across the street from the Siesta Key public beach priced at $159,900.

Sunrise Cove:

View another one bed, one bath unit located in Sunrise Cove close to Turtle Beach with wonderful bay views priced to sell at $199,900. 

Single Family Homes on Siesta Key:

There are four single family bank owned homes for sale on Siesta Key. The lowest priced

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