Sarasota real estate reduces inventory to 7 months, scoring impressive 11-month high of 1,130 pending sales in February. This is GREAT news! According to Sarasota Association of Realtors, February 2012 saw a 15 percent increase in property sales over January 2012, and a 17 percent increase in pending sales from the month before. Any wonder [...]
Sarasota reports month over month sales hit all-time highs, while median sales price of Sarasota homes for sale remains stagnant! Yesterday, property owner during listing appointment asked me the same question I hear daily, “Is the (Sarasota) housing market getting better?” Getting better? That’s a difficult question to answer…. Here’s why…and a big part of [...]
Overpriced Sarasota homes for sale do NOT mislead (most) house hunters who are familiar with comparable neighborhood sales. “I have to walk away with $362,400,” says Ms. “B.” “I understand,” Ms. B, says yours truly. “However, most recent comparable sales support VALUE today at $279,000 minus selling costs. I’m sorry,” Ms. B, “but this is [...]
Sarasota foreclosure fear paralyzes couple, sabotaging efforts to short sale property & move on with life. Fear (of foreclosure) paralyzes many property owners. It is then that desperate people do desperate things! One couple Mr. & Mrs. “X” have chosen a desperate path…and many months of sabotaging efforts to short sale their property. Job loss [...]
Sarasota homes for sale create frenzy in last 6 months, though CoreLogic reports Sarasota-Bradenton real estate prices drop from previous year. Lots of buyers – yes, lots of buyers. No doubt, my phone has been ringing off the hook for last 6 months. Lots of inventory – though dwindling by the day. VERY SOFT property [...]