Historically, Sarasota has had a very seasonal market. In the years before the pandemic, our market activity tended to drop right after Easter as the temperatures rise during the summer time, with the pace picking pack up in the fall months and going strongest through winter time when there’s peak interest in escaping colder climates …
The words that describe Sarasota real estate RIGHT NOW are ‘strong’ and ‘calm.’ While we’re no longer in the frenzy that we’ve talked about for the last two years, our market is still very strong and growing. High demand is the reason for Sarasota’s enduring strength, and it’s a trend we don’t expect to end any …
We’re thrilled to share that several of our recent listings have gone under contract very quickly, illustrating the market trend that strategic pricing is a key driver in moving inventory. Each of these Downtown listings welcomed a buyer swiftly after listing. The appeal of the locations and residences speak for themselves – it’s hard to …
This year’s market activity is off to a strong start… perhaps even stronger than we’d expected. In the first 8 weeks of 2023, we’ve seen properties moving off the market quickly and, with inventory still limited relative to demand, that’s keeping prices elevated and keeping the pressure on buyers. Even though the market has tapered since …
Over the last eight weeks, I’ve enjoyed instruction from the MIT Executive Education program offered through the Sloan School of Management. My focus in this coursework was the macroeconomic concepts that influence business and how to apply economic concepts to analyzing the real estate market. I’m proud to have completed the coursework and to have …
We all wish we had a crystal ball for the economy, especially with the type of volatility that began last year and is sure to continue into 2023. In his latest column, Premier SIR CEO Budge Huskey details his outlook for 2023, for housing and for the economy at large. Though he predicts a ‘lackluster’ …
The annual tally for 2022 residential relocation is in and the results are no surprise… Florida was the fastest growing state of 2022. Our highly desirable combination of temperate climate and tax advantages has been a longtime lure for part-time sun seekers and full-time residents, and those trends have seen unprecedented boost in recent years. …
Understanding mortgage rates and home equity can be pretty complex… but it’s extremely important for homebuyers and homeowners to understand their financial options in order to create their best strategies for buying a house or financing renovations. Jose Moreno is an expert in mortgage origination in the Sarasota Florida area, and he’s sharing details about …
The homeowners’ insurance market in Florida has changed significantly in recent years, and there are updates that you need to know. While these changes preceded Hurricane Ian, the major effects of the storm have exacerbated an already tight marketplace. In the last two years, more than 400,000 Floridians have had their homeowners insurance cancelled or …
The question that a lot of people have been asking after Hurricane Ian is, ‘should I stay or should I go?’ As expected following such a major weather event, there are prospective buyers and residents for whom the concern of a repeated occurrence is too great, and their interests have turned elsewhere. But for each …
