Sarasota Real Estate STATS

Sarasota house hunters and sellers mistakenly rely on Zillow – and other “big box” web portals – to provide accurate LOCAL real estate market information. Zillow and County property tax records have become the source of confusion…SCORN…and anger. It’s misleading property valuations that unintentionally mislead property owners. Recently, I met with one informed property owner [...]

{ 0 comments }

Sarasota real estate market records strong August sales, STILL held back by strong shadow inventory & home home value declines. Sales are up, but values are down. Sales are  good, but short sales are bad…. Fewer houses for sale, but more people upside down. Lower inventory is good, but negative equity is bad…. Lots of [...]

{ 0 comments }

July’s sales numbers finally suggest the Sarasota real estate is stabilizing, despite shadow inventory, the summer slowdown & short sales requiring the extreme patience. After 4 quick months,  Sarasota’s real estate market shows solid recovery. It’s NOT the following sales charts that convince me . Rather, it’s the buyers from throughout the world ringing my [...]

{ 0 comments }

Sarasota homes for sale priced RIGHT attract qualified (mostly cash) house hunters from throughout the world, strongly supported by encouraging JUNE sales numbers. Question: What determines the right time for YOU to buy or sell Sarasota real estate? Indeed, the buyers are back in town…even if it’s “off season,” a time when house hunters are [...]

{ 0 comments }

Sarasota’s housing market posts strong MAY monthly sales as median sales price continues sliding lower and lower. Property SALES increase as MEDIAN sales price drops…month after month? Houses are selling! Prices are dropping! Good news is that properties are selling. Bad news is that the median price continues falling. So, how IS the market? Well, [...]

{ 0 comments }