Coronavirus/COVID-19 Furthers Retail Contraction. Almost 55% of the US’ retail floor space — 4.8 billion square feet — has closed, according to GlobalData. The effect of the pandemic has been uneven, with apparel retailers and restaurants bearing the brunt of the financial impact and some needs-based retailers adding staff. “It’s a tale of two markets right now,”
Tuesday, February 4, 2020
January 2020 Real Estate Snapshot In Sarasota Manatee Hot off the press. Snapshot of real estate sales activity for January 2020; single family, condo and townhomes in Sarasota Manatee. Download the guide HERE.
Monday, January 27, 2020
December 2019 Real Estate Activity In Sarasota Manatee Sarasota and Manatee single family home, condo and townhome sales – including distressed sales. December saw single-family home sales increase over 2018, pushing sales volume up almost 24% to $275 million in Sarasota, while Manatee County saw a 11% increase to $214 million. Single family inventory is slightly down in both counties, about 10%. Year over year condo sales were down 27%, totaling $90 million in Sarasota, while Manatee was down 19%, for total sales of $44 million. Condo inventory is down almost 25% in Sarasota while declining 15% in Manatee.
Wednesday, December 4, 2019
Ed Bertha Presents 7344 Linden Lane, Quail Run, Sarasota 34243. JUST LISTED! Welcome home! You’ve found your dream home! Entering you are greeted by its open concept living area and beautiful pool view. The adjacent dining room is perfect for entertaining guests with convenient access to the butler’s pantry and kitchen. The family room opens to the large kitchen with its breakfast bar and separate breakfast nook. The expansive master bedroom is large with room for a sitting area and access to the pool. The large master bath offers double sinks, a garden tub and separate shower. The pool area […]
Monday, November 4, 2019
October 2019 Real Estate Market Snapshot. October Sarasota And Manatee Single Family Home, Condo And Townhome Sales. See October’s market activity broken down by price point and amenities. It’s easy to see what segments of the market are moving.
Tuesday, October 22, 2019
September 2019 Real Estate Activity In Sarasota Manatee Sarasota and Manatee single family home, condo and townhome sales – including distressed sales. September saw single-family home sales increase over 2018, pushing sales volume up to $262.2 million in Sarasota, while Manatee County saw an increase to $205.3 million. Single family inventory is slightly down in both counties. Condo sales are slightly up in the two county area while inventory holds steady in Sarasota and rose slightly in Manatee. Download the complete August Sarasota/Manatee real estate summary by clicking HERE.
Wednesday, January 16, 2019
Going Green By Kristin Fourie The recent Round Up lawsuit resulting in a payout of $289 million to a school groundskeeper who was diagnosed with terminal cancer after using the product, raises questions about the chemicals we use in and around our associations regularly. Are certain maintenance products harmful to residents and can the Association be held liable for damages incurred? Are ‘green’ products effective? How does the use of maintenance products effect algae in our ponds? A panel of local professionals covered this topic while addressing homeowner concerns. The Community Association Network Group (C.A.N.) offers complimentary educational seminars twice […]
Friday, October 12, 2018
The 1950’s Paved the Way for Future Booms By Norm Luppino Mention Florida’s Gulf Coast and one immediately conjures images of coastal themed homes, white sandy beaches, and lush, palm-infused tropical landscaping. During the past century, many events and market trends have helped shape the place we know today as Manatee County. The famous Florida Land Boom of the 1920s introduced the first “skyscrapers” and transformed “Bradentown” from a small dot on the map to an emerging metropolitan city. In the 1960s, the proliferation of mobile home park communities popularized this area as an affordable designation for retirees from the […]
Thursday, October 11, 2018
Money Flows Across Borders By Patricia Tan The U.S.A. and the U.S. dollar have long been considered safe havens for capital from around the world, and our real estate market has been a beneficiary of that money flow. We see money fleeing political instability in its own country, or simply being invested here for a return. The strength of the U.S. dollar in international markets does have an impact on the rate at which money flows across our borders. A weak dollar tends to attract foreign investment, while a strong dollar may encourage prof-it-taking and repatriation of funds. Canadians represent […]
Saturday, August 18, 2018
Architect Ralph Twitchell – The Making Of A Sarasota Legend By Norm Luppino Ralph Twitchell’s name is best associated as being the “Father of the Sarasota School of Architecture”. He is also noted for having practiced with two of the nation’s most renown 20th century architects. The first was with prominent New York’s society architect Dwight Baum, whose credits in Sarasota include John and Mabel Ringling’s Ca’ d’Zan and the Sarasota Courthouse. In the late 1940’s, Twitchell teamed with Paul Rudolph, who went on to become internationally famous as one of world’s most acclaimed modernist architects during the 1960’s and […]
Friday, August 17, 2018
Welcome! To Our Summer Real Estate Buyers By Patricia Tan Just as our tourism market is becoming less seasonal, so too is our real estate market. The gap is narrowing between the number of transactions closed as a result of our winter seasonal visitors, and transactions closed during the steamy summer months. No sooner have we waved goodbye to our winter residents and visitors, then we start to greet summer tourists who come to sample our sunny shores. We hope they will stay a while and enjoy the Florida lifestyle. Many of our summer visitors will be from other countries, […]
Friday, August 17, 2018
Are You Thinking Of Selling Your Home? By Lori Collins Rodriguez and Helaine Giddens Seller Beware! Reasons FSBO are a BAD Idea! Homeowners obviously know their homes better than anyone, but that doesn’t mean they’re the best salespersons for their properties. Some sellers are tempted to try a For Sale by Owner (FSBO) transaction because their local community is in the midst of a sellers’ market and they think they can sell easily without help. Others try the FSBO route because they want to maximize their profits and avoid paying a commission to a Realtor. However, statistics show that selling […]
Friday, August 17, 2018
The Emerging Trends In Retail And Commercial Real Estate By William Henry, PhD The keynote addresses delivered by retail and commercial real estate experts at the International Council of Shopping Centers (ICSC) annual RECON conference in Las Vegas last month can be boiled down into three major themes: 1) The oversupply of single purpose retail space is causing the repurposing of large underperforming retail properties to other uses The United States has the highest amount of single purpose retail space in the world. Per recent census numbers, for every man, woman, and child, the US has more than twice the […]
Wednesday, June 20, 2018
The Legendary Crosley Estate: An Upside To A Real Estate Bust By Norm Luppino Few properties were as affected by the dramatic swings in Florida’s volatile real-estate market as the historic Crosley estate on Sarasota Bay. But as evidence that there is often an upside within a market bust, it was during some of Florida’s biggest real estate slumps that the Crosley mansion was built, later saved, and finally restored to create one the premiere cultural facilities on Florida’s west coast. The first attempt to develop the property occurred during the famous land boom of the 1920s. In 1925 – […]
Wednesday, February 21, 2018
Property Owners And The 2018 Legislative Session By Barry Grooms So here we are half way through the 2018 legislative session and we are left wondering if anything is going to get done. Floridians are asking themselves what have the elected officials done to help property owners in our area. The answer is not as simple as one may think, you see the hundreds of bills that are filed are filled with special interest and “pork”. 2018 is an election year. Couple that with defect years because of the 2017 hurricanes and you come up with a conservative session. You […]
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Monday, April 13, 2020
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