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Market Memo

MIT Economic for Business

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 …

Market Memo

2023 Housing Outlook

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’ …

Get to Know... Market Memo

Home Equity Expertise with Jose Moreno

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 …

Market Memo View from SRQ

Important Insurance Updates

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 …

Market Memo

The Latest on Sarasota’s Market

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 …

Market Memo View from SRQ

Hurricanes and Housing: A Special Report

No two natural disasters are the same, but there are real estate patterns that can be identified and anticipated following a significant weather event. Premier Sotheby’s International Realty Managing Broker Craig Cerreta has released a thorough analysis of historical trends and key factors to consider following Hurricane Ian. To access the full report, click here.

Market Memo View from SRQ

Top Tips for Sarasota Homebuyers in Late 2022

The latest tips for approaching the new market dynamics as a buyer are to remain realistic and to be prepared. While the market has shifted, it still favors sellers in Sarasota simply because inventory is not yet high enough to satisfy the demand of all of the new residents migrating to our gorgeous coastal city. …

In the Community Market Memo

The Current Reality in Real Estate

Lawrence Yun, the long-term chief economist for the National Association of REALTORS recently surprised a lot of industry players with the declaration that we’re in a housing recession. So what’s really going on in real estate here and around the country? There have certainly been changes and there are more on the horizon, with inflation …