Local home prices rose 6.3 percent in May in Sarasota-Manatee, a rate that was slightly slower than in the state and nation. Charlotte County, however, topped them all by posting a 7.9 percent jump in home prices compared with May 2016, real estate researcher CoreLogic reported Wednesday. Florida posted the nation’s 10th-highest rate of [...]

Sarasota and Manatee County showed an increase in new listings, median sales prices, inventory and closed sales, according to data compiled by Florida Realtors® from My Florida Regional MLS. Combined closed sales in Sarasota County increased by 10.1 percent from May of 2016, while Manatee County experienced an increase of 1 percent from [...]

While many younger professionals consider leaving Southwest Florida, a new survey contends this is the place to be for young entrepreneurs. The Sarasota-Manatee region topped a list of Florida’s best cities for young people to start their own business ventures, according to [...]

Advantage Sellers According to the recent numbers compiled by Florida REALTORS® from My Florida Regional MLS, April 2017 reflects an increase in single family closed sales, median sales prices and inventory in Sarasota and Manatee County as compared to April of 2016. Closed sales in Sarasota County increased by 8.3 percent for single [...]

Homes sales in Southwest Florida heated up in March, rising 8.6 percent over the year as the real estate market sailed into the end of the peak-selling season. After a cool-off in 2016 — which followed two record years — sales of previously owned single-family homes and condominiums so far in 2017 are 4.1 percent ahead of last [...]

More Inventory - The combined inventory of single-family homes and condos in the two-county area reached 8,557 in February, the highest number since April of 2012. The number of single family homes for sale in Sarasota County is up by 15.1 percent from February of last year, and is up by 6.5 percent in Manatee County. Condo inventory also [...]

Homes Sales Slow, but prices continued to rise. Home sales in Sarasota and Manatee counties fell in January as tight inventory and competition from new homes continued to take a slight edge off the movement of existing properties. There were 1,243 sales of existing homes and condominiums last month, down 2.4 percent from the 1,274 sales in [...]

Developer JEBCO Ventures plans to build a 116-unit condominium with boat slips on Whitaker Bayou. Called The Strand, the project will contain three buildings and 47 boat slips at 1889 N. Tamiami Trail. Two phases are planned: 76 waterfront units, followed by 40 garden/pool view units. Prices will start in the low $500,000s. JEBCO says [...]

Florida welcomes 85 million tourists in the first 9 months of 2016 It's another record for the Sunshine State, according to Visit Florida.

Florida had 26.9 million visitors from July to September and 85 million during the first nine months of 2016, the most tourists ever.

Boomer Fuel Housing Boom - Paced by relentless retiree demand, housing starts in Southwest Florida have roared to their fastest rate in nearly 10 years. Construction started on 1,492 single-family units in the region during the second-quarter, a nearly 18 percent gain over the year, according to a new report by data supplier Metrostudy. [...]