Home prices in Southwest Florida still outpace nation and state increases. Single-family home prices rose 7.8 percent in the Sarasota-Manatee region in June over the year, data provider CoreLogic. Prices jumped a stronger 12.7 percent in Charlotte County. Both regions topped the gains of 7 percent for Florida and 5.7 percent for the U.S. Florida … Continue reading Local Home Prices Outpace Nation – Sarasota Real Estate
Boutique Resort Opens at Siesta Gateway – Siesta Key Palms

21-room Siesta Key Palms Hotel, a boutique style resort with a five-star attitude New owner has given 1950s building a complete facelift Henry Rodriguez has taken a motel more than a half century old at the gateway to Siesta Key and spun it into a luxury, boutique resort. It’s an Old Florida environment — without feeling so old. … Continue reading Boutique Resort Opens at Siesta Gateway – Siesta Key Palms
Inventory and Median Sales Prices Continue to Climb

Inventory and Median Sales Prices “Home prices are rising, and we are seeing homeowners who were previously on the fence entering the market. In fact, we have recently seen a 34.6 percent increase in inventory for listings between $250,000 and $600,000 compared to last May,” said Linda Formella, RASM President. “With the significant bump in … Continue reading Inventory and Median Sales Prices Continue to Climb
Cash Sales at 51.6 Percent for the Region

The Sarasota-Manatee area in March ranked fourth among the 100 largest U.S. metro areas for its share of cash sales, according to a report released Thursday June 23 by data provider CoreLogic. Cash sales accounted for 51.6 percent of all home deals in the two counties, CoreLogic said, in line with an earlier … Continue reading Cash Sales at 51.6 Percent for the Region
Inventory and Median Prices Continue to Climb

Inventory and Median Prices – The housing data for May reveals that inventory numbers are rising along with the mercury for the Sarasota and Manatee two-county area, likely the result of sellers taking advantage of rising prices. For single family homes in Sarasota County, inventory is up 15.3 percent from May last year, and up … Continue reading Inventory and Median Prices Continue to Climb
Siesta Key Ranked a 2016 Top Beach by Dr. Beach

Siesta Beach is no stranger to accolades for its supreme sands. In the just-released list of “America’s Best Beaches”, Florida International University professor Stephen Leatherman, also known as Dr. Beach, has ranked Siesta number two in the country. “We’re really thrilled,” says Lynn Hobeck Bates, communications manager for Visit Sarasota County. “It’s not often that … Continue reading Siesta Key Ranked a 2016 Top Beach by Dr. Beach
Home Prices Climb Nearly 10 Percent in Region

Home prices continue to sizzle in Southwest Florida. Prices climbed 9.9 percent in April over the year in the Sarasota-Manatee region, once again topping state and national gains. Single-family home prices jumped a stronger 14.8 percent in Charlotte County, data provider CoreLogic reported Tuesday. Throughout Florida, prices rose 7.7 percent in April, the sixth-highest pace … Continue reading Home Prices Climb Nearly 10 Percent in Region
Inventory and Median Pricing Continue to Climb

April’s housing statistics show that our current trend is continuing as inventory of available properties rose in both counties. For single family homes in Sarasota County, inventory is up 8 percent from April last year, and up 14.2 percent in Manatee County from last year. Condo inventory is also on the rise in Sarasota County, … Continue reading Inventory and Median Pricing Continue to Climb
Florida Sets Another Tourism Record

The broader economy might be throwing out some mixed signals, but Florida tourism was showing no signs of waning during the first three months of 2016. While the nation’s gross domestic product saw a mere 0.5 percent bump in annual growth rate during the first quarter, and as retailers struggled with a customer base that is more … Continue reading Florida Sets Another Tourism Record