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Sarasota Real Estate Blog

Sarasota-Manatee real estate market stats

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Mantee County real estate market stats - OctoberSarasota real estate market stats for october 2016

In comparison to October of last year, Manatee County saw an 11.3% increase in inventory for single-family homes and an 11.4% increase in inventory for condominiums in October of 2016, and the respective figures for Sarasota County have been 15.7% and 35.8%. In terms of the overall area that the two counties constitute, this amounts to a 17.5% increase in inventory for available residential properties in the area overall, sharply contrasting with the trend that saw a decrease in properties for sale throughout the earlier months of 2016.

Pending sales for these types of property in the two counties, meanwhile, have experienced an upsurge over the previous month. For Manatee County, condominium sales are 24.5% higher

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Buying a home for retirement in Florida

Like many of life’s great events, many dream of the day they’ll buy their retirement home –and they should! They’ve worked hard over the years, built up their equity and saved where they could, all for the chance to spend their days of retirement in their dream location. Unfortunately, some big mistakes can make this idyllic train of thought come to a screeching halt, but not if you know how to avoid them.

Here’s what you and your spouse should consider if you’re hoping to purchase a retirement home in the near future:

Make A 5 Year Plan

He dreams of a home near the golf course, but she dreams of being close to the sea. Regardless of where you want to live, you’re going to need to have your finances in order to really start looking. First and

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Sarasota FL real estate market update for August 2016

August Sarasota real estate market statisticsSarasota & Manatee Real Estate Transactions Trend Upwards 

While traditional sales of condominiums and single-family houses in the area between Sarasota and Manatee Counties during August are 9.9% higher than in August 2015, the raise in closed sales for these kinds of residential properties has only amounted to 1.8%. In contrast, a decline of 53.9% of sales for distressed properties in the area transpired this August in relation to August 2015, and while 12.8% of property sales within these counties during last August were distressed sales, the same holds true only for 5.8% of total sales this August.

Meanwhile, pending sales for single-family houses in August raised from what they were in July - 9.3% in Manatee County and 10% in Sarasota

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Sarasota real estate report july 2016

Buying Choices Are Limited By Those Uncertain About Selling

Since 2015, single-family houses and condominiums in both Manatee County and Sarasota County have been continually increasing their sale prices. Manatee condos and single-family houses, in particular, have reached medium prices of $185,250 and $279,250 respectively; the former value has increased 21.9% and the latter by 11.7% since this same time last year. Meanwhile, the median sale price of Sarasota County condos has reached $205,000 - a 7.9% increase - while the median sale price of single-family houses in the same county has reached $242,500 via a 10.5% increase.

Real Estate Transactions In Manatee & Sarasota Counties

Prices aside, the number of transactions are growing as well

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why mortgage pre-approval is importantIn the past, people could take their time to buy a house — but times have changed, and in many areas, if you are a buyer, you are facing a lot of competition. For this reason, if you are looking to purchase a property and want to ensure the process is a smooth one, you need to have a pre-approval in hand, and here are three big reasons why.

Expedite The Buying Process

The Internet has completely changed the real estate market, and they now are moving faster than ever before. With so many available websites and social media outlets for savvy property buyers to let their fingers do the shopping online, you are facing a lot of competition from other buyers who are also extremely motivated to get a house. These buyers get instant notifications from

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Gulf & Bay condos in Siesta KeyWhile Siesta Key is filled with a terrific assortment of condominium communities, few can compare to the unique offerings of the Gulf and Bay Club at 5730 Midnight Pass Road. This Siesta Key condominium complex is not just a popular choice for tourists from around the world, it’s also one of the most sought-after buildings in the area, thanks to its rich abundance of resort-style amenities.

The Bay Club is one of the largest complexes on Siesta Key, by the number of residences and the amount of property the community occupies. Every residence can take in the beautiful views of the ocean from their sliding-glass door and patio, which overlooks the community garden, freshwater lakes, and greenspace at the heart of the complex. While the units were

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Oceane condos in Siesta Key

For the first time in over 10 years, a new condo project has been announced in Siesta Key. Developed by Crossgate Partners LLC and designed by local architect, Mark Sultana, Oceane will bring six stunning new waterfront condos to the Siesta Key real estate market.

New Oceane Condos To Offer Exclusive High-End Features

Boasting an impressive 4,500 square foot floorplan with top-of-the-line finishes throughout and uninterrupted views of the water from every floor, these new condos will become the best example of refined living in the area. Residents will have the option of basking in the Florida sunshine from their personal cabana by the pool, or in the comforts of their generous wraparound patio. Other features will include high 10 ft. ceilings,

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Sarasota real estate statistics for June 2016

Southwest Florida Maintains A Balanced Summer Housing Market

According to recent statistics reported by the Realtor Association of Sarasota and Manatee Counties, median prices are still on the rise, and inventories show gradual improvement for buyers. The current situation is that of a balanced housing market that is conducive to real estate activity.

In terms of value appreciation, Manatee County is the clear winner. On a month-over-month basis, Manatee County enjoyed a 12.4% increase that puts the median price of a single-family residence (SFR) at $285K. The median prices of condominium units rose by a margin of 11.6%, which puts median prices at $173K.

Going into the summer real estate buying period, Manatee County has overtaken Sarasota

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Improving Your Sarasota Home

Whether you’re thinking about selling your Sarasota home or are just itching to update your space, it never hurts to prioritize your home improvement project base on their projected return on investment. For Sarasota condo owners, it could vastly improve your rental popularity, and the popularity of your listing should you decide to sell.

There’s no question that upgrades can boost the popularity of your listing, but which ones offer the most bang for your buck? Here are some of the top home improvements you can do that have the best return on investment.

Refresh Your Interior With New Paint

As simple as it might sound, a fresh coat of paint in your Sarasota home can have a profound effect on the space. You can cover up blemishes and

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Tips for Real Estate Agents in Sarasota

A professional real estate agent, in Sarasota and beyond, stays current and updated with the latest trends in the real estate market.

Understand Your Client’s Needs

Although in past decades investing in a home for 20 to 30 years was commonplace, however now, purchasing property is not always in the minds of shoppers seeking new investment opportunities. Take the time to inquire about the needs of your clients individually to better assess the type of properties you should be searching for regardless of whether they are more interested in buying or renting.

Finding The Right Property Is About Quality, Not Quantity

Inquire about your clients' needs and desires before moving too quickly to show listings that may ultimately waste your time and

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