Home Prices Continue to Rise - Sarasota Real Estate Market Report The end of 2015 witnessed record-breaking sales for both Sarasota and Manatee counties. January sales reflected the expected seasonal dip as a result of reduced buying activity during the holidays, even as median prices continued to rise. "Our slice of paradise is catching [...]

105 million people travel to Sunshine State in 2015, governor says

Florida welcomed 105 million visitors last year, making 2015 the fifth consecutive year where tourism records were broken. New Tourism Record

The new record exceeded the previous high of 98.5 million in 2014 by 6.6 percent, according to Visit Florida, the state's tourism promotion [...]

Record Sales in 2015 Similar to the statewide data reported by Florida Realtors®, both Sarasota and Manatee counties wrapped up 2015 with more closed sales, fewer days on market, tightening inventory and higher median prices compared to the year before. "Throughout 2015, our monthly reports pointed to a record-breaking year. The numbers [...]

Record-Breaking Sales The year 2015 was one for the record books in real estate sales for both Sarasota and Manatee counties, closing out the year with an all-time record of 20,691 in combined closed transactions, 1,302 sales above last year’s numbers. “These truly are exciting times for the real estate community, and reflects the hard [...]

The Sunshine State welcomed an estimated 79.1 million visitors during the first nine months of 2015, the most of any such period in Florida's history.

The nine-month count was a 5.5 percent increase when compared with the same period in 2014.

The third quarter of this year saw an estimated 25.5 million visitors, an increase of 6.8 percent, [...]

Sales Strong in September

Property sales in Sarasota and Manatee counties were somewhat slower in September 2015, but the drop off from August was expected after an unprecedented six month run of record-setting closings. In addition, the start of fall 2015 looks a lot like the same time last year, but with one major exception. [...]

Home buyers in Southwest Florida are still paying with cash at one of the fastest rates in the nation.

Several recent studies show the Sarasota-Bradenton metro area maintains a higher percentage of cash buyers than almost anywhere else in the U.S. It's a similar situation throughout Florida. Of the 10 metro areas with the highest share of [...]

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 active inventory of properties for sale in Sarasota and Manatee counties continued to drop in August 2015, while the median sale prices skyrocketed over last year at this time, demonstrating a strong seller's market in the region. [...]