CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties (approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported: “For much of the [...]

The number of buyers who signed contracts to buy existing single-family homes and condominiums in Southwest Florida dropped in July from June, but remained ahead of last year's pace.

• Real estate agents reported 1,473 new pending sales in Sarasota and Manatee counties in July. That was down about 5 percent from June, but was 2.4 percent
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SARASOTA - Construction is underway on the Rosemary Square mixed-use project, the latest new development in the long-blighted Rosemary District north of downtown. The $20 million project, 1440 Boulevard of the Arts, will include 50 condominium units and 30,000 square feet of retail and office space in four buildings, city documents show. [...]

July 2015 Sales Record Pace Continues

The pace of property sales in Sarasota and Manatee counties in July 2015 continued at a record annual rate, with 1,974 closings, up 23.5 percent over last July's combined total of 1,600 for the two-county region. [...]

While inventories of existing homes and condominiums remain unusually tight in our much-in-demand market, buyers who fancy new construction currently have several superior options.  From luxury condominiums on the Gulf and bay to exciting new infill neighborhoods near downtown Sarasota and Bradenton, [...]

June 2015 Sales - Real Estate Sarasota

Falling inventory didn’t hold back the real estate market in Sarasota and Manatee counties in June 2015, as sales continued to push into near-record territory and median sale prices rose in both counties. Total June 2015 sales again topped 2,000 for both counties combined (2,058), pointing toward [...]

Top 10 Great Places to Retire 2015

Sarasota Ranked in Kiplinger’s Top 10 Great Places to Retire 2015

Maybe you like the idea of retiring to a town where you’ll never wield a snow shovel again. Or, trading your pricey home in a high-tax area for a more affordable city. Or, ditching the suburban cul-de-sac for an urban neighborhood. Our [...]

Rising Housing Prices Southwest Florida is among a growing number of metropolitan areas where the cost of housing — both to rent or buy — is approaching record highs. A strong turnaround in home sales and a suppressed stock of real estate listings has lifted prices to their highest level since the boom of the mid-2000s, while rents are [...]

Population Growth in Sarasota

Sarasota County’s population increased 1.7% to about 390,000 in 2014, while the cities of Venice and North Port continue rapid growth as the economy rebounds from the Great Recession. The city of Sarasota added more than 900 residents and doubled its growth rate to 1.8% last year, echoing the upswing in [...]