sarasota real estate market: Foreign Buyers & Investors Like Florida Real Estate!
- 07/19/12 11:41 PM
Sarasota, FL - If you live outside the U.S., but you're thinking of buying a home in southwest Florida, you're part of a growing number of prospective buyers from around the globe. Sales of U.S. real estate to international buyers totaled $82.5 billion in the year ending March 2012 (a very impressive gain over the $66.4 million in the same period the previous year), and Florida alone claimed a whopping 26% of these real estate sales. All of this is according to an annual survey conducted by the National Association of Realtors (NAR). Notably, Sarasota real estate ranks high on the NAR's list of most popular … (14 comments)
sarasota real estate market: Good News for Real Estate - Spending on Residential Construction Rises
- 07/05/12 12:55 AM
Sarasota, FL - Recent news on home construction spending bodes well for Sarasota real estate. According to a recent article by the National Association of Home Builders (NAHB), spending on private residential real estate construction rose significantly in April 2012. Here are highlights from the NAHB report: • Spending on private residential real estate construction has been rising steadily over the last 9 months, and rose an additional 2.8% in April 2012. • Construction of new single-family homes has been rising for almost a year now, and rose an additional 1.8% in April 2012. • The dollar value of spending on new single-family homes … (11 comments)
sarasota real estate market: Sarasota Real Estate Market News - Home Sales Rise
- 06/11/12 06:13 AM
Sarasota, FL - Another 7-year high was reached in the Sarasota real estate market this April --- with the sale of nearly 900 single-family homes and condos in Sarasota County. According to the Sarasota Herald-Tribune, real estate sales rose, particularly for condos for sale. In fact, condo sales in Sarasota County are up 26% from the previous month, and 31% from 2 years ago. This is excellent news for the Sarasota economy and real estate market, and with low interest rates and affordability, there is no time like the present to buy and invest in Sarasota real estate. For information on Sarasota … (6 comments)
sarasota real estate market: Sarasota County Real Estate Market - April 2012
- 05/30/12 11:37 PM
Sarasota, FL - April 2012 saw another 7-year high in Sarasota home sales as nearly 900 single-family homes and condos sold in Sarasota County. Sales of Sarasota condos led the way - with a 26% rise from the previous month, and a 31% rise from 2 years ago - according to recent reports by the Sarasota Herald-Tribune and Bradenton Herald, For those considering buying real estate in Sarasota, Florida, this is excellent news. The increase in Sarasota home sales signals a recovering real estate market, and at the same time, prices on Sarasota homes for sale and condos for sale are still affordable. Add low … (5 comments)
sarasota real estate market: Good news for Sarasota real estate - Sarasota region ranks #3 in rising housing prices
- 04/09/12 04:03 AM
According to a study by the Brookings Institution, which recently ranked metropolitan areas around the U.S., the Sarasota region is among the 40 strongest areas in the U.S. for economic performance. The Sarasota region came in #6 for its three-month rise in housing prices; #13th for its one-quarter change in employment; and #20 for its two-year change in the unemployment rate. Smart investors and diligent homebuyers already know that Sarasota real estate compares quite well against other markets, even other Florida markets. They also know that Sarasota is the cultural capital of the Gulf Coast; Sarasota's Gulf beaches offer pure white … (5 comments)
sarasota real estate market: Sarasota Real Estate: Home Sales Rose 13% in February!
- 04/03/12 04:19 AM
Sarasota's existing and pending home sales continued rising in February: stabilizing prices; reducing housing inventory; and spreading optimism about the Spring season of Sarasota real estate. As single-family home sales rose 13% over the previous month, pending sales hit an 11-month high, and median home sales price rose as well. Statewide, single-family home sales rose 18%, and the median sale price rose 7% over the preivous year, according to Florida Realtors. Nationally, existing single-family home sales rose 8.8% and the pending home sale index rose 9.2% over the previous year, according to the National Association of Realtors. If you're considering buying … (2 comments)
sarasota real estate market: Sarasota Real Estate "Boom-let"?
- 03/23/12 06:42 AM
Sarasota Average Housing List Prices Rise In Florida, we have seen some of the most significant increases to median list prices over the last year. The Sarasota real estate market currently ranks number ten on Realtor.com's national list of 146 markets, with a median list price of $246,000, and a year-over-year increase of 14.47%. This Realtor.com report follows and reinforces other good news for Sarasota's real estate market. In January, Sarasota's pending home sales rose 38%, according to the Sarasota Association of Realtors. Pending home sales usually indicate what direction the real estate market is moving, since there's typically … (2 comments)
sarasota real estate market: Home Affordability is High and Home Builders are Optimistic
- 03/22/12 07:40 AM
Real Estate Optimism is in the Air In its weekly mortgage market survey for the week ending March 15th, Freddie Mac reports that mortgage rates remain historically low. The report follows rising employment and increasing bond yields. 30-year rates, the most common choice among homebuyers, have averaged below 4% for 15 successive weeks. 30-year fixed-rate mortgages averaged 3.92%, inching up only slightly from the previous week’s 3.88% average (which was only 0.01% above an historic all-time low). In mid-March a year ago, 30-year rates averaged 4.76%. Home builders continue to be optimistic that housing sales will pick up in the … (3 comments)
sarasota real estate market: Sarasota Real Estate - Single Family Homes & Condos Stats for Feb. 2012
- 03/20/12 03:14 AM
More Sarasota real estate statistics on single family home sales and condominium sales, published by the Sarasota Association of Realtors for February 2012, with comparisons to the previous month and the previous year. Sarasota Single Family Homes Sarasota Condos If you are interested in buying real estate in Sarasota, Florida, True Sarasota Real Estate is ready to give you a real or virtual tour of the luxury real estate that meets your specifications. If you're new to home buying, we invite you to learn about the incredible benefits of an Exclusive Buyers Agency as well as review our extensive real estate credentials … (3 comments)
If you are interested in buying real estate in Sarasota, Florida, True Sarasota Real Estate is ready to give you a real or virtual tour of the luxury real estate that meets your specifications. If you're new to home buying, we invite you to learn about the incredible benefits of an Exclusive Buyers … (0 comments)
sarasota real estate market: SARASOTA PENDING HOME SALES SURPASS NATIONAL FIGURES
- 02/28/12 09:47 AM
NATIONAL VS. SARASOTA REAL ESTATE SALES For the steadily recovering national housing market, a number of good news items emerged recently. In January, the number of pending home sales -- that is, the number of Americans who signed contracts in January to purchase homes -- rose by 2%, according to the National Association of Realtors (NAR). This is the highest level of pending home sales since April 2010. Even better data emerged in the Sarasota real estate market. In the territory covered by the Sarasota Association of Realtors (SAR), pending home sales in January rose by a whopping 38% over December. More healthy signs for the housing … (4 comments)
Sarasota, FL - If you live outside the U.S., but you're thinking of buying a home in southwest Florida, you're part of a growing number of prospective buyers from around the globe.
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