Looking to buy a bigger house? Now might be the best time to do so.
Although waiting a few years to sell a home will likely mean a higher sales price, the cost of a bigger new home will increase as well, according to an analysis by Redfin. Financially, it makes more sense to capture today’s [...]

Property sales for the year 2012 were the fourth highest in the 90-year history of the Sarasota Association of Realtors®, achieving 9,169 total sales.
In 2003, sales in our market hit 9,697, followed by 11,267 in 2004 (the current all-time high) and 10,562 in 2005. The annual sales dropped to 6,358 in 2006 and bottomed out [...]

Nowadays, everybody is looking for a way to capture a new revenue stream. More and more investors find that to buy a rental property and rent it to vacationers is a profitable investment.
To attract vacationers who prefer homes to hotel rooms, homeowners can work with a vacation rental agency. Vacationers are coming from up north [...]

All-cash buyers have surged since the housing downturn while the typical amount of time it takes to sell a home is shrinking, revealing the changing dynamics of today’s home buyers and sellers.
Academic experts took a closer look at cash buyers and how time-on-market impacts home sales during the “Changing Dynamics of Recent Home Buyers and [...]

More good news about the Sarasota real estate market. The Sarasota Association of Realtors issued the following press release today.
With 864 closed sales transactions in June 2012, the Sarasota real estate market achieved the highest level of quarterly sales in seven years, with 2,604 sales from April through June. The 864 closed transactions in June [...]

Great news in the Bradenton Herald:
Bradenton-Sarasota was the 40th most searched real estate market in the country in June, according to data released Tuesday by Realtor.com
Median list prices for homes in Sarasota-Bradenton hit $249,900 in June, a 6.38 percent increase from one year ago according to the data. The national median list price in June [...]

International buyers from Europe and other regions accounted for about 15 percent of Florida’s real estate sales before the 2007 recession, and they’ve represented the bulk of cash buyers in recent years. Now Europeans with extra cash are looking to invest even faster in second homes in Florida before the value of the Euro drops [...]

Short sales outnumbered foreclosure sales in 12 states in January, indicating that more homeowners are finding an easier way out of a distressed home loan, according to USA Today.
Short sales – which occur when a lender agrees to a home sale for less than what’s owed – were up 33 percent in January year-over-year, and [...]

SARASOTA, Fla. – The strength of the Canadian dollar, sustained low pricing in the U.S. housing market, and perceptions regarding the general economic outlook continue to encourage Canadians to purchase a home in the Sunbelt states.
According to the National Association of Realtors® (NAR) 2011 Profile of International Buying Activity, Florida and Arizona are top choices because [...]

Though home sales dropped in Manatee and Sarasota counties, the number of homes under contract is surging, as the Bradenton Herald reports today:
“Pending home sales in Sarasota and Manatee opened the year on a surge, an indication the area is poised for a robust spring season.
While overall sales were down in both counties, January is typically [...]