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Tagged : Sarasota Foreclosures

Found 9 blog entries tagged as "Sarasota Foreclosures".

When comparing the statistics of pending sales, inventory levels, and property sales of 2015 with those of January 2014, one sees a lot of similarities, especially in Sarasota and Manatee County. This January and last saw a drop in sales when compared to December as well as an increase in pending sales and the number of properties that were available for sale.

The clear message that these numbers present is that during the holiday season, home shoppers are not eager to sign their name on the dotted line. Instead, these recent trends show that their preference is for closing either later in the winter or during spring months. These numbers also show that during January homeowners are more excited to test the waters and see how much their property value

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Sarasota real estate market, Sarasota home sales

2014 is shaping up to be a record-breaking one for property sales in the Sarasota area, and demonstrates a continued rebound as more people want to relocate to Southwest Florida, and continue to do so. The news is terrific!

With the release of sales statistics for June 2014, a pattern of continued strong sales topping 1,000 for four months in a row shows no sign of weakening. June's closings, at 1,048 total, bettered the 997 closings from June of 2013, and fell just shy of May 2014's number of 1,100. June 2014's closings included 321 condominiums and 727 single-family homes in Sarasota.

2013's sales were likewise very strong, coming in with the second-highest rates in 91 years. The first half of 2014 shows that this year is stronger than 2013, and is

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The month of April 2014 has seen the second highest rate of sales in Sarasota County with 1,195 closed transactions being reported by the My Florida Regional MLS system. That figure was topped in April 2004 with 1,223 reported sales. The spring and summer months of 2004 and 2005, and March, April and May of 2013 were also close in reported sales. Single-family home sales that closed in April 2014 reached 759, plus 436 sold condos. The reported totals were higher than March's numbers which included 698 single-family homes sold, along with 352 condos. April’s numbers in 2013 were 703 single family and 429 condos.

Peter Crowley, the president of the Sarasota Association of Realtors, has seen a dramatic rise in the level of activity, and it seems to be

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Sarasota real estate home sales

Continuing a three-year spring trend, Sarasota County saw more than 1,000 property sales during March, 2014. Evidence of a rebounding Sarasota housing market included sales of distressed properties at levels significantly lower than those seen four years prior. Wild price swings have also been largely absent among single-family home and condo sales over the previous 12 months, further indication of market stability.

There were 1,050 home sales recorded in March, up from 787 in February, but slightly below last March’s figure of 1057. Of this figure, 698 were single-family homes and 352 were condo sales. By comparison, monthly sales of similar properties have lingered around the mid-300s for the low end of the last decade. Short sales did not contribute

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Strong Real Estate Figures Signal a Stable, Growing Market in Sarasota

Sarasota real estate, Sarasota homes for sale,

There was plenty of positive news for home buyers and home sellers in the local real estate market for February. Enjoying a solid and consistent sales pace, Sarasota's single-family homes earned strong sales prices, decreased distressed properties and relished a robust inventory. All of these indicators point to a steady and stable local real estate market.

Home Sales

With a median sales price of $185,000 in February 2014, single-family homes sold for 10.3% more than they did in February of last year. At the same time, condominium sales prices experienced equally good results with median prices hitting at $170,000, an increase of 6.3% over February 2013. This is part of a larger

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2013 Sarasota Real Estate TrendsThe housing market seems to be on the mend quite a bit faster than expected; and Floridians are seeing some market improvements of their own. The Sarasota real estate market for residential property will most likely continue trending upward through 2013- a pleasant New Year’s surprise. Even though the growth seen in the State of Florida may be slower than the sales growth seen in the United States, as was stated by leading U.S Economists, Florida’s housing market seems to finally be back- something residents looking to buy or sell have been waiting to hear since the market fell.

The Chief Economist for Florida Realtors, Dr. John Tuccillo discussed at the conference the greatness of the possibilities, which are starting to be realized by people involved

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Sarasota real estate owners that need the most help are slow to get assistance with mortgage payments, according to a report released by the Federal Government. The report shows that as of June of this year, only seven percent of the $7.6 billion Hardest Hit Fund money has been used to assist homeowners in America who are under financial strain. It has been more than two years since the fund was announced. Seventeen states along with Washington D.C., received funding from this plan back in 2010.

Out of the $1 billion that was awarded to the state of Florida only $51 million (5%) has been used to help homeowners in the state up to this point.

The Hardest Hit Fund was audited earlier this year by the Troubled Asset Relief Program in order to find out

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Siesta Key Foreclosures DecreasingThe third quarter housing and foreclosure report was released by RealtyTrac in September and for the first time, in a long time; it appears that the nation is doing better. All foreclosure filings including initial default notices, auction schedules and even bank repossessions have decreased by seven percent from the month of August. It also showed a decrease of 16 percent from the previous year which made it the lowest national rate since July of 2007.

For the first time since 2005, the state of Florida has made it to the top of the list for properties that are starting the foreclosure procedure. The major reason why Florida has not made this list before is because they are what is known as a “judicial” foreclosure state. This means that in the state of

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Good News for Homeowners

Just a few days ago, a bill that was first introduced in the Unites States Senate earlier this spring has a new partner. There is a current bill in the Unites States House that is titled the "Responsible Homeowner Refinancing Act." It is a positive move for America and is being applauded by the National Associated of Realtors.

In order to become a law both the Hose and the Senate must approve it and then of course the bill needs signed by the United States President. Here is what the act does.

Right now mortgage rates are lower than ever. Homeowners who have acted responsibly and would like to take advantage of these low rates but cannot will benefit from this bill. This bill takes away the many hurdles these homeowners may…
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