March 2018 RSS Feed

The housing market report for February shows a continued rise in sales in both Counties over last year. With ongoing low levels of inventory, the median prices have increased in both single family homes and condos, with a small decrease for Sarasota condos. The number of closed sales, pending sales, and new listings show a strong and steady growth, and remains the forecast for our local real estate market.    Compared to last month, the number of new listings is down by 10 percent, but this is expected as January's numbers are typically high, kicking off the beginning of the season. The condo market is enjoying center stage with median price percentage increases hitting double digits! So why are condos experiencing rock star status? Maybe due to the…

Together we've found your ideal home, in the ideal neighborhood, and your offer has been accepted. You are thrilled, and I am happy for you. However, the real celebration should wait until all the contingencies have been met and you are clear to close. 

There are times when I have to dash the hopes of the potential buyer, to even advise them against moving forward due to inspection failures. As painful as this is, it is for the best for my customers, something that is my compass for all my business dealings.  

Home inspections are critical when buying a home, they eliminate the costly surprises. The repair limit stated in the contract will most likely cover the repairs the inspector highlights, however, on occasion the repairs can exceed the repair…

  Living the beach life is healthy, beautiful, and offers peace of mind - especially in the winter when you can relax at the beach and remind yourself that you no longer have to bundle up or shovel snow.    I hear from northerners that they don't know if they can "weather" the hurricane season. Like anything else, being prepared is the key to not only reducing worry, but protecting yourself and your property. Essential to what I bring to the home buying process is an understanding of flood insurance regulations, how to navigate the paperwork, lenders' requirements, and information about types of coverage and what it means to you as the future homeowner.    According to FEMA, floods are the most common natural disasters across the United…

A look at 2017:

The 2017 Year End Market Report is in and the numbers show a continued and steady growth for Sarasota and Manatee Counties. Sales of single family homes increased just 1%, but condo sales were up by almost 7%. Foreclosures and short-sales decreased by an amazing 40% which contributes to overall economic and housing market strength.

Median single family home sales prices rose more than 7%, however, properties spent more time on the market than the previous year. Inventory remained low but all signs point toward a busy season. When we look at 2018 January numbers, we can see that the trend continues at a steady and reassuring rate.

A look at January 2018:

The 2018 January market report further strengthens the predictions of a…