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Florida Homes Mag Blog

Posts Tagged ‘Real Estate Market’

Sales Skyrocket in March 2010 Real Estate Market Appears Strong

Thursday, April 15th, 2010

Sarasota Association of RealtorsOverall property sales reached 753 in the Sarasota market in March 2010, the highest total since December 2005 and more than 56 percent higher than March 2009. Pending sales were also robust, standing at 1,060 – the highest total in the past four years. But perhaps the most telling statistic was that the median sale price for both single family homes and condos rose in March from the previous month, and prices were much higher than in March 2009 (more…)

The Truth: Florida Real Estate Market

Wednesday, January 6th, 2010

Prudential Palms Realty SarasotaFlorida has long been known for holiday or vacation properties, retirement, and sunshine. In the real estate boom years 2003-2005, Florida became known as the place to invest and resell property for a quick profit. Sadly as the boom came to a crashing halt at the end of 2005, Florida saw a dramatic decrease in real estate activity. As buyers tightened their finances in 2006, homeowners and investors desperately needed to sell. Thus, 2007-2009 will be remembered as the years of foreclosures and short sales. Investors began returning in late 2008 to take advantage of the great deals, particularly in new home construction and condominiums. With prices being anywhere from (more…)

Improved Market Momentum with Buyer Credit Extension

Saturday, November 14th, 2009

Buyer Credit ExtensionNasty northern weather, early in the autumn season, and improved consumer confidence have the potential to provide greatly needed tourist revenue for Florida’s Southwest Coast, with many of the snowbirds on the hunt for a second home in Sarasota, Naples, Fort Myers, Tampa and Port Charlotte. Our seasonal residents have arrived early and in greater numbers than in 2008. Whether previously priced out of the home market, or waiting for the infamous bottom, their selections and pricing in first-rate Gulf Coast real estate could not be better. Investors, along with buyers from Canada and Europe are converging in our region to take advantage of the never (more…)

 
 


 

 

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