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The lower increase in sales relative to the very strong pending activity that we have experienced the past few months indicates a higher amount of fallout of pending sales. This can be due to several factors – possibly the continued difficulty obtaining financing. Another possibility is the shift in the market as buyers still submit lowball offers trying to get a bargain only to realize sellers are waiting for a higher price – indicating a possible shift from a buyer’s market to a seller’s market. The trend of declining inventory continues. In some areas prices are showing some improvement compared to last year. Overall, pending activity has declined somewhat compared to last month, indicating that the market is catching its breath, so to speak. Pending activity is still strong compared to last year,
which is encouraging. Sold activity generally shows an increase, which is to be expected given the recent surge in pending activity the past few months....
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Downtown Sarasota Bystanders gather watching a crew take apart the famous (or infamous depending on who you talk to) waterfront landmark statue "Unconditional Surrender" for repairs by the artist. For those who are unfamiliar with the statue, it is a lively sculpture of a navy sailor and a nurse celebrating the end of WWII located at the Sarasota downtown waterfront. The statue was recently damaged after being struck by an errant Mercedes (only in Sarasota!).
Damage from the accident cause a 3-foot hole in the sailors foot and additional hairline cracks to the sculpture's frame. New Jersey Artist artist Seward Johnson by it's owner Jack Curran. The statue though very large at 26 feet is made out of a thin aluminum skin and must be moved carefully on it's way to being repaired.
Those lucky enough to have direct bayfront views from one of the
luxury condos dotting the downtown waterfront may have mixed feelings about the removal of the statue as there was some controversy when it was decided to keep the sculpture at this prominent location for a decade. Many Sarasota residents adore...
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Building permits for single-family homes in Sarasota County rose nearly 60 percent in during the first quarter of 2012. That is the highest activity in almost four years.
The collective value of building permits exceeded $10 million in back to back months for the first time in four years. In addition to the increase in housing starts and a small increase in home prices, Sarasota area businesses also experienced a 9% increase in overall sales and unemployment dropped a full point. All of these indicators send a hopeful signal the Sarasota / Gulf Coast area is slowly coming out of recession.
Wells Fargo economist Mark Vitner had this to say, "The rebound in Sarasota continues a trend of the last year or so, The recovery's beginning to gain a little bit of momentum, particularly in Florida"
Foreign buyers and wealthy investors doing cash purchases is responsible for part of the increase in real estate activity, though it should be noted many of the wealthy home buyers are not as pleased as they could be with the quality of the homes, while there are many shortsales and foreclosures available on the market many of them are in the areas hit hardest by...
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Broker-Associate Neil “Mark” Attar has joined RE/MAX Alliance Group at the
Sarasota real estate office on Webber Street. Neil Attar has more than 30 years of real estate experience locally and in Ontario, Canada.
A new home specialist, Attar has 20 years of experience with new home builders, earning the Platinum Million Dollar Circle Award from the National Association of Home Builders and the President Circle Award from U.S. Home Corporation.
Attar earned his bachelor’s and master’s degrees in engineering from universities in London, England, and Toronto, Canada. Prior to his career in real estate, he was a professor at various colleges in Canada, China and the Middle East. He is involved in the American Cancer Society’s Relay for Life.
Attar said he joined RE/MAX Alliance Group because of the company’s “reputation, strength and agent support.”
The RE/MAX Alliance Group Webber Office is located at 2000 Webber Street, Sarasota, FL 34239. Attar can be reached at (941) 232-8401.
RE/MAX Alliance Group is a full-service real estate company that has been serving the residential and commercial real estate needs of southwest Florida for more than 15 years. With more than 300 agents and employees,...
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March's increase in home sales reflects the strong pending activity witnessed during the last few months of the traditional buying "season." Home sales increased by 26.3 in Sarasota County and 29.4% in Manatee County compared to February. Pending sales are still very strong, increasing 17% in Sarasota County and 15% in Manatee County since February, indicating a good possibility that activity will continue into the second quarter. Home prices are increasing as inventory continues to decline, with Sarasota County showing an 11.1% gain and ManateeCounty showing a 5.2% gain in home prices year over year....
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SARASOTA, FLORIDA – Realtor Ben Cannon has joined RE/MAX Alliance Group as a team member with Nicki Conway in the Sarasota Office. With more than 20 years of sales and marketing experience, he brings a high level of customer service that is focused on the client’s needs. After a successful real estate career in Naples, Florida, Cannon is now a full-time resident of Sarasota, which he has visited many times over the years.
The RE/MAX Alliance Group Sarasota Office is located at 2000 Webber Street, Sarasota FL 34239. Cannon can be reached at (941) 822-2866.
RE/MAX Alliance Group is a full-service
Sarasota real estate company that has been serving the residential and commercial real estate needs of southwest Florida for more than 15 years. With more than 300 agents and employees, RE/MAX Alliance Group is the Number One RE/MAX in Florida based on transactions and volume, and the Number 10 RE/MAX in the nation based on transactions. Website: www.alliancegroupfl.com....
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BRADENTON, FLORIDA – Rhonda Coupland has joined RE/MAX Alliance Group in the Manatee Avenue Office.
Originally from Canada, Coupland moved to Bradenton in 1979. Previously with RE/MAX Gulfstream, which has since merged to form RE/MAX Alliance Group, she returns to RE/MAX to invigorate her real estate career. She has also worked in the title industry, doing pre-closing, post-closing and marketing for Masters Title Insurance. Her father is David Coupland, a founder and Broker/Owner of RE/MAX Alliance Group.
The
Manatee Office is located at 3007 Manatee Avenue W., Bradenton FL 34205. Coupland can be reached at (941) 224-3252.
RE/MAX Alliance Group is a full-service
Bradenton real estate company that has been serving the residential and commercial real estate needs of southwest Florida for more than 15 years. With more than 300
realtors and employees, RE/MAX Alliance Group is the Number One RE/MAX in Florida based on transactions and volume, and the Number 10 RE/MAX in the nation based on transactions. Website: www.alliancegroupfl.com....
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Noranne Hutcheson has joined RE/MAX Alliance Group in the
Anna Maria Island office. She has been a licensed Realtor since 1978, specializing in second homes, vacation rentals and investment properties. A native Floridian who moved to Anna Maria 17 years ago, this "island girl" brings extensive local knowledge and superior customer service in assisting home buyers and sellers.
Previously with Mike Norman Realty Inc., Hutcheson says she chose RE/MAX Alliance Group "to increase the scope of my business through the use of technology and the expanded referral network" offered by RE/MAX.
Hutcheson is also an educator with a master's degree in Elementary Education Administration from Clemson University, and a Summa Cum Laude graduate of the University of Central Florida with a degree in Elementary Education. She is co-founder of the Island Middle School, which opened in 2001, and volunteers as a tutor for St. Joseph's Catholic School and Palmetto Charter School.
She works from the Anna Maria Island office at 5316 Marina Drive, Holmes Beach, FL 34217, and can be reached at (941) 932-0738 or norannehutcheson@yahoo.com.
RE/MAX Alliance Group is a full-service
Bradenton real estate company that has been serving the residential and commercial real estate needs of southwest Florida for more...
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Broker/Associates Creighton and Sharon Faust have joined RE/MAX Alliance Group in the Anna Maria Island Real Estate office.
Both licensed in 1990, they most recently were the Broker/Owners of RE/MAX Central in Pennsylvania, where they earned the RE/MAX Chairman's Club Award, Hall of Fame Award and Lifetime Achievement Award. They also have been featured in the RE/MAX Success Stories book.
Their extensive knowledge of new construction and interior design, combined with excellent customer service and strong negotiating skills, make them uniquely qualified to assist buyers relocating to the area, as well as local buyers and sellers.
After vacationing on the Gulf Coast for several years, the Fausts reached out to RE/MAX Alliance Group for assistance in purchasing a home on Anna Maria Island four years ago. We sold our franchise to the Number One RE/MAX group in Pennsylvania and realized there would be no better fit than joining the Number One RE/MAX group in Florida, Creighton said.
The Fausts are involved with the Joyce Meyers Ministries, In Touch Ministries, World Vision, Childreach, Smile Train, Salvation Army and Rescue Mission.
They can be reached at the Anna Maria Island office at 5316 Marina Drive, Holmes Beach, FL 34217. Telephone: (941) 778-7777.
RE/MAX Alliance Group is...
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Inventory Continues Its Declining Trend
Available real estate inventory continued to decline in February compared to January, dropping by 3.4% in Sarasota County and 1.9% in Manatee County month over month. Only Longboat Key showed a slight increase of 1.2% Prices are showing a fairly consistent increase, but this is most likely temporary as the bankowned (REO) inventory releases into the market. Pending sales are still very strong, increasing by 14.9% in Sarasota County and 21% in Manatee County month over month. This has been a consistent trend, pointing to a housing market in recovery. ...
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