Forbes Magazine recently released a story with details on the homes of billionaires. Homes range from Warren Buffet's modest Omaha, NE home to Donald Trump's 62,000 square foot mega-mansion in Palm Beach. Several of the homes are valued in excess of $100,000,000.

When it comes to luxury real estate, Sarasota has a wide range of options. The most expensive home in the Sarasota MLS is located on Casey Key. It is priced at $20,035,000.

Labels: Florida, luxury homes, mansions, real estate, Sarasota

The topic of many conversations around town is when the local real estate market will rebound. Many people forget that real estate has traditionally been viewed as a long term investment. Current market conditions are perfect for those individuals looking for a secure long term investment. Higher inventory levels and motivated sellers have combined to create an ideal environment for savvy investors. However, these conditions will not last for ever. Inventory will eventually be absorbed

Florida and specifically Sarasota has always been somewhat "insulated" compared to many other areas of the country. There has always been steady influx of residents because of a solid local economy, ideal weather, beaches and community amenities. This will almost assuredly continue in the future. There will always be a demand for the weather and lifestyle Sarasota provides.

There is a window of opportunity for those individuals with the vision to see it. Real estate values should increase steadily over time and provide owners of investment, second home and primary residences substantial gains over the long term. Use our Sarasota MLS search to view all listings currently available.

Labels: Florida, real estate, Sarasota

I just read an article in Florida Trend that presents a more accurate report on the state of the luxury home market in Florida. The article confirms what many of us already know: regardless of the state of the general real estate market, the wealthiest and most affluent continue to purchase 2nd, 3rd, and 4th homes in the Sunshine State.

Take a moment to read this informative article.

http://www.floridatrend.com/article.asp?page=1&aID=57256542.3572593.600015.830547.2438747.691&aID2=46146

Start your search for Sarasota luxury homes for sale today at BuySarasota.com.

Labels: Florida, luxury homes, Sarasota