Luxury homes have lagged in the comeback of Florida real estate, but as we noted in July and October 2009 market reports, Casey Key home sales are on the move. There’s a very nice selection of waterfront Casey Key homes available for sale. Buyers continue to surf and shop for homes that are well priced for the market. Sellers are working with offers and deals are being made. We’ve been showing small beach houses as well as much larger ranch style houses and luxurious waterfront estates. Activity is once again on the rise on this private tropical paradise.
The beauty and privacy of Casey Key are what draw the affluent, entertainers, movie stars and authors to this tropical island. Residents walk the beaches, explore the jetties, and are awed by the
Bird Key is a private boating community located between St. Armands Circle and downtown Sarasota. Boaters love the deep water canals winding through the Key to the open water of Sarasota Bay and on to the Gulf of Mexico. Developed by Arvida in the 1950s, many homes have been replaced with luxurious mansions and other homes have been updated to include new features, architectural details and the modern standards demanded by buyers today.
Bird Key residents have privy to their own private yacht club. The Bird Key Yacht Club is a member of the Florida Council of Yacht Club’s and is a great place for residents to socialize.
Bird Key real estate offers buyers privacy behind its gates. The inventory of Bird Key homes for sale stands at 36 currently in
Now that we've closed the book on 2009, a year many people would like to forget, many real estate experts are making their predictions for 2010. Will 2010 be a good year for the Sarasota real estate market? Nationally, many economists seem to think things will improve.
Laurence Yun, the chief economist for the National Association of Realtors, recently released his predictions for the year ahead.
Yun sees a 20 percent increase in sales for the first half of 2010 over 2009 for the same period.
Yun expects inventory levels to continue to decline and that we will start seeing increases in home values by mid-year. Mr Yun points out that his predictions are based on mortgage rates staying in the 5 - 5.5% range