This site was designed to keep YOU the consumer up to date with Sarasota's Real Estate News. Check back regularly for hot investment opportunites in Sarasota, Florida!
Many real estate agents are finding the general public is not informed on portability. Some are educated on Save Our Homes but are not aware that they can transfer their exemption when they buy a new home. In January of 2008, Florida voters approved the Amendment which allowed homeonwners to transfer the Save Our Homes exemption […]
30-year mortgage rates are at their highest level in more than nine months. Rates have been steadily increasing for the past 5 weeks and holding above 6 percent. Financial markets are left wondering what the Fed is going to do in response to the rising inflation pressures. They have brought their rate cuts to a halt due to their inflation concerns […]
The local Sarasota Market is seeing a steady trend in lower inventories, higher sales and prices leveling out. May Home Sales in the Sarasota MLS are confirming that reality standing at 627 - the highest level in 14 months, and approximately 92 percent higher than the sales in January 2008. In 2008, sales have been increasing every month […]
President Bush threatens to veto a major housing rescue package that the American people expect the government to provide. They are looking for timely solutions to the current state of the housing market. The bill President Bush threatens to veto would allow for FHA to insure $300 billion in new loans so that homeowners who […]
Many homeowners looking to sell start the process by visiting websites that offer them an estimate on what the value of their home is worth. Many can become obsessed with the search because these websites have huge variances in prices. They tend to be very general and should not be taken at face value. If you are […]
A few years ago buyers were seeking homes with acreage and privacy in rural communities, not giving much thought to the hour or more commutes they faced everyday. Not true anymore. Now, with the dramatic increase in fuel prices, buyers concerns have shifted to the costs of having to commute and the grueling travel times […]
Hurricane season has been quiet for the past couple of years causing Florida homeowners to have lax responses in preparing their families and homes for the upcoming season. Talk of economic recession, gas prices and rising insurance costs are also common factors for thier responses. Many are strapped to strict budgets that don’t allow for the […]
The Bush Administration announced a temporary policy to extend government-backed mortgage insurance and allow for immediate sales of vacant foreclosed properties. Good news for neighborhoods experiencing high rates of foreclosure. This policy will help reduce the amount of unsold properties, many of which remain vacant for months reducing the values of neighboring homes and inviting vandalism […]