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Sarasota Real Estate

Found 20 blog entries about Sarasota Real Estate.

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

The Sarasota real estate market sales data

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The Sarasota Board of Realtors released sales statistics for September 2009 today. The report indicates that Barbara Corcoran was right on about Sarasota on the Today Show a week ago. Ms. Corcoran pointed out several reasons why Sarasota is the Best place to buy homes in the United States in her “Hot Prograstination” segment on the show.

Read the full report on Sarasota MLS statistics published today - September 2009 Sarasota Real Estate Sales Skyrocket

Sarasota Florida is a sophisticated city offering its residents cultural venues similar to larger cities along with a warm climate and fabulous beaches. If you are interested in viewing Sarasota homes for sale in Sarasota, contact the John Allen Team at 941-544-6467.

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Searching the Sarasota MLS for homes and condos? Our sophisticated Sarasota real estate search system provides you the opportunity to search by Sarasota neighborhoods, condominiums or you can search the area with our Map Search or MLS number.

We try to make searching for the Sarasota MLS easy, and our high powered real estate search engine leads you right to listing details, photos and virtual tour of homes and condos in Sarasota that meet your criteria. We also cover Longboat Key, Siesta Key, Lido Key and Casey Key.

Sarasota Neighborhood Search

First, if you need neighborhood suggestions, check out our extensive Sarasota neighborhoods section first where you'll find detailed information on many of Sarasota's most popular communities. If you

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If you’re looking for a downtown Sarasota Florida condo with waterfront view, sweeping Gulf and Bay views are common at Golden Gate Point. Golden Gate Point’s condominiums offer buyers affordable condos as well as multi-million dollar properties for the most discriminating buyers.

Golden Gate PointResidents on Golden Gate Point can walk to downtown, the Ritz Carlton and Marina Jack’s. Shopping, restaurants, cultural venues, such as the opera, ballet and theater, are a short drive. St. Armands Circle and Lido Beach are approximately two miles from this central location.

Golden Gate Point is undergoing a major street restoration which will only enhance this already charming waterfront enclave of condominiums. The project was started in 2007 and is expected to be

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Highlighting an action packed weekend in downtown Sarasota Florida was the 2nd Annual Chilllounge Night. Residents and visitors of Sarasota filled Palm Avenue for the event. The street was turned in to a huge South Beach Style outdoor lounge. Palm Ave was lined with stylish daybeds and outdoor furniture.

Chillounge was a night to remember. A few of the night's highlights included:

  • Brazilian Samba parade
  • A variety of upscale food vendors and 7 cocktail bars
  • Tango Performances
  • Fashion Show
  • Live Jazz on center stage
  • and much more!

If you didn’t get there, you missed something special so mark it on your calendar for next year. The chatter in the street was this event should happen more often. Maybe you won’t

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Bruce Garlitz stopped by our office this week with some excellent information about financing your Sarasota real estate purchase.  Bruce is a home loan consultant with Countrywide Home Loans and is a top producing mortgage professional. 

Buying a home can seem overwhelming to buyers so financing a Sarasota homes can be even more overwhelming.  Lending guidelines have changed considerably in 2009 so Bruce steps in to keep our customers informed.  Countrywide offers a variety of products and services that may be able to make your home buying process a reality. 

FHA Home Loans

FHA's flexible qualifying guidelines could be the answer for you if you've been hit by the economy, an illness or the stock market.  FHA's low down payment requirements may

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We have a buyer coming in this weekend that asked us about things to do on Saturday. While putting together a list, it reminded me of how many wonderful things there are to do here.

Below is a partial list of things to do this Saturday February 7th.

  • St Armands Circle
  • Downtown Sarasota
  • G-Wiz Hands on Science Museum - (Currently featuring Titanic: The Artifact Exhibition)
  • Mote Marine Aquarium and Laboratory (Eat lunch across the street at Old Salty Dog on the water)
  • Siesta Key Beaches
  • Ringling Museums including Art Museum, Circus Museum and Cad a Zan Mansion
  • Burns Court Artist Market - Saturday - Local artists to display and sell creative items of mixed artistic media.
  • Sarasota Farmers market - Every
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The rates for a 30 year mortgage dropped to the lowest level in 37 years. The FED is promising to pump money into the mortgage market to help get the housing market moving.

Freddie Mac reported on Thursday that the average rate on 30 year fixed mortgage was down to 5.19%. The rates are the lowest since reporting began back in 1971. The average 15 year fixed mortgage rate is down to 4.92%. Lower rates have translated into a jump in mortgage applications.

Buyers with good credit and liquid assets have incredible opportunities in the real estate market right now. Not only can they borrow money at historically low rates, but they can also buy at a discount as well. Today there are many short sales, distress sales and forclosures available in the real

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Warren Buffet is buying. Of course we are referring to stocks, not real estate. However, I could not help but think of the Sarasota real estate market when I read his recent quote about his investment strategy.

"A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.  And most certainly, fear is now widespread, gripping even seasoned investors." - Warren Buffet

It reminds me of the old saying - "The rich sell when everyone else is buying and buy when everyone is selling."

The real estate market will rebound eventually. Right now there are tremendous values out there. Financially strong buyers can take advantage of the housing turmoil. The keys to finding the best deal are patience and flexibility.

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In case you have not heard yet, today congress passed the $700 billion plus bailout of mortgage giants Freddie Mac and Fannie Mae. The bill is designed to bolster the struggling economy and open up the credit markets.

Warren Buffett was quoted today as sating the bailout will "not solve all our problems, but it will help." The truth is that no one know for sure if this will work, but we had to do something to help loosen the credit markets.

The question many locals are wondering is how this will affect the Sarasota real estate market. It will probably be many months before we see significant improvement. The US Treasury will now have the ability to help slow down the rate of foreclosures. The bill is a step in the right direction. According to Mark

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