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Key Solutions Real Estate Group

6021 Midnight Pass Rd, Sarasota FL, 34242
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February 2013

Found 2 blog entries for February 2013.

January Sales IncreasingNo other market in the U.S. suffered the effects of the 2008 recession and the subsequent burst of the housing bubble more than Florida. All over the state, including the Sarasota real estate market, housing prices dropped nearly 50% seemingly overnight. This drop left homeowners in serious trouble with little recourse. As one of the most affected cities, residents witnessed thousands of Sarasota foreclosures as homeowners simply could not afford the over-inflated prices. After many years of rebuilding, all signs are pointing to a strong comeback for this traditionally popular real estate market.

Increased Property Sales

For the first time in five years, the Sarasota real estate market has witnessed a marked improvement in home sales. In fact, this…
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Sarasota real estate market reportThe Sarasota Association of Realtors just recently concluded after their December reports that 2012 has been their fourth highest year concerning sales in their ninety years of business. The estimated amount was calculated to be about 9,169 sales that year. According to their overall reports, sales have been considered to be at 9,697 back in 2003, as well as 11,267 in 2004 (this was their all time high in sales volume) as well as 10,562 in 2005.

In the month of December of 2012, they estimated to sell about 828 properties, which was a fair increase as opposed to their 764 sales back in November. In December 2011, they were only able to sell 644 units. As such, 2012 seemed to have been a promising year for the real estate market.

As for more specific

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