A robust number of December sales pushed 2014 into the record year for sales numbers in the 90 year history of Sarasota MLS. In 2004 a record 11,482 sales were transacted. 2014 saw 11,550 sales closed in Sarasota County. It is a remarkable recovery for our region. Is it the sign of another bubble getting… Read More 2014 Real Estate Sales Hit a Record High!
ABC Newscast with Susan Phelps: Sarasota Foreclosure Numbers are Down In Sarasota, Florida we have seen a steady decline in distressed sales. In October, 2014 24% of sales were distressed properties and in November 2014 21% were distressed sales. In 2008 50% of the sales in Sarasota, Florida were distressed sales. The economy is recovering… Read More Sarasota Foreclosure Numbers are Down
Three Oaks is one of my favorite neighborhoods in Sarasota, Florida. Three Oaks was built in 2 phases in the late 90’s and early 2000. A total of 276 upscale homes were built around 3 ponds and a lake preserve. Three Oaks is a deed restricted community with attractive landscapes yards and a wall surrounding… Read More Three Oaks-A Great Neighborhood in Sarasota, Florida
In a weekly economic update published by Cushman and Wakefield a list of 2015 predictions were listed. Along with the prediction that the US and Global economy will grow an aggressive monetary stimulus by the European Central Bank will drive growth in the Eurozone. China saw a slowdown in growth but there will be… Read More now is the time to make that move while the economic stars align.
A recent Bloomberg report listed 15 small lending firms that are offering slightly riskier mortgages. They may come with higher interest rates and larger down payment requirements and they may not be backed by the government. As the larger banks tighten their credit standards over the last few years, smaller banks and local community based… Read More Financing Out of The Box
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