According to a report by the Florida Association of Realtors®, real estate in Florida closed more sales than the same period a year prior. Florida’s unemployment rate is lower than the national average which may have helped the real estate sales situation. The statewide price of single family homes showed an increase of 18.6% over the same period a year ago. The price of … Keep reading... about Florida’s real estate market improved during the 2013 third quarter
Home Buying and Selling
Pending home sales continue decline in Sept, 2013
According to research by the National Association of Realtors®, pending home sales, homes that have contract to sell but have not closed escrow, have declined for the 4th month in a row. We are seeing the same in Southwest Florida as slow sales continue a buyer's market. According to the report, September marks the first time in 29 months that pending home sales weren’t above … Keep reading... about Pending home sales continue decline in Sept, 2013
Don't Pay a Transaction Fee!
Sometime back, a letter in the Sun-Herald discussed Transaction Fees charged by real estate brokerages. The letter writer said that his agent’s brokerage added an additional transaction fee of $295 on top of the commission. In this area many of the franchise brokers charge these fees. On the date of the letter, Prudential Village Realty, charged a transaction fee of $175 which … Keep reading... about Don't Pay a Transaction Fee!
Staging Your Home for a Sale
A first impression is a lasting impression. For that reason, your home must look its best right from the start. Curb appeal is a term often used in the real estate profession. Curb Appeal is the impression a prospective buyer gets when first arriving at a home. If it looks good from the curb… from the street when they first arrive…. buyers will be pleased and more likely to … Keep reading... about Staging Your Home for a Sale
North Port Home Sales
Over the past several months, inventory of single family homes in North Port, FL has been shrinking and the price of homes has risen. Year to date (9/23/2013) in North Port, FL, there were 1,118 single family homes sold at a median price of $122,000. Last year (2012) there were 1,551 single family homes sold during the entire year at a median price of $100,000. For more … Keep reading... about North Port Home Sales
Steps in the Home Buying Process
I get calls all the time from buyers who want to buy a house. We start with the basic information - they tell me what the want, where they want the property to be, what their home has to have, and then we get to the question that, surprisingly, many people do not know the answer to - What is your price range? This question seems to be a sensitive talking point for some, while … Keep reading... about Steps in the Home Buying Process
Builder Chooses Port Charlotte
Miami Lakes, Florida Builder, New Vista Properties has made significant investments in the Charlotte County, Port Charlotte area. Citing the proximity to excellent beaches, baseball spring training and other features, the company believes the area is ripe for growth. The company's slogan is "100% Pure Florida Living" and that is what they believe is found in this area. … Keep reading... about Builder Chooses Port Charlotte
What’s the Deal with Finding a Deal?
Is it true that the best deals out there are the foreclosures and short sales? This is one of the most frequently asked questions by home buyers. There is this stigma that Florida possesses as it pertains to distressed properties and many home buyers think that foreclosures and short sales are as abundant as they were two years ago. Home buyers think that good deals come … Keep reading... about What’s the Deal with Finding a Deal?
Sarasota Home Prices Increase in 2013
According to The Sarasota Association of Realtors, the median sale price of single family homes jumped to $210,000 in March, 2013, an increase of 20%. The average sale price in Sarasota County was almost $290,000 with homes selling at 94% of list price. Do your own research on the Suncoasteam Realty site. You can create your own report of recently sold homes in Sarasota and … Keep reading... about Sarasota Home Prices Increase in 2013
Sarasota Housing Market: December 2012 (Includes Final 2012 Numbers)
By: Jim Mulligan, REALTOR, Suncoasteam Realty Contact Jim: 941-235-7474, jim@suncoasteam.com Property sales in 2012 were the fourth highest in the history of the Sarasota Association of Realtors. The 9,169 sales in 2012 was the highest since 2005, when we saw 10,562 sales. The Sarasota housing market also continued its robust trend as December sales numbers helped close the … Keep reading... about Sarasota Housing Market: December 2012 (Includes Final 2012 Numbers)