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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 …

In the Community Market Memo View from SRQ

High Net Worth Migration to Florida

There’s been a lot of talk about shifts to the housing market nationally, and we’re not immune to them in Florida or specifically in Sarasota. One of the counterpoints, though, and an important demographic trend that began before 2020 and reached a crescendo during the pandemic is the relocation of high net worth individuals to …

Market Memo

The Market Outlook

Even if you’re not searching for or considering the sale of a home, you’ve probably noticed a lot of headlines about real estate and whether or not the shifting tempo of the housing market signals a crash. Inflation is high, interest rates rose markedly over their historic lows, and economic uncertainty both domestic and global …

Market Memo

The Latest Market News

Here’s the latest market update to let you know what’s new in Sarasota Florida real estate. While there is still a supply-demand imbalance that makes Sarasota a sellers market, the frenzy that we’ve seen in past months has definitely shifted. Buyer tolerance has reached a tipping point and now is the time for sellers to …

Market Memo

Sarasota Ranks at Top of Wall Street Journal Report

The hot housing market in Sarasota is getting widespread recognition with the Wall Street Journal ranking SRQ as the second hottest emerging market in the United States. Following only Naples, Florida, in the rankings, Sarasota garnered a top position for the markets most appealing to buyers for appreciating value and lifestyle.  Nationally, the rate of …