Real Estate Local Market

Real Estate Local Market

Florida Chamber Foundation’s 2025 forecast

The Florida Chamber Foundation presented its virtual 2025 Florida Economic Outlook & Jobs Solution Summit Jan. 30, with forecasts for the coming year ranging from population growth to tourism trends. Highlights include: Residential real estate: In 2025 in Florida, analysts expect to see a “little bit more inventory” with “more demand than there is housing,” according […]
Real Estate Local Market

YEAR-END 2024 REAL ESTATE REPORT: SARASOTA & MANATEE COUNTIES

SARASOTA, Fla. (January 24, 2024) – The REALTOR® Association of Sarasota and Manatee (RASM) has published its Year-End 2024 real estate market report, offering an in-depth analysis of key trends across both counties. Based on data from Florida REALTORS®, the report highlights a market transitioning toward balance following the significant disruptions of the pandemic years. […]
Real Estate Local Market

Restaurant Guide for Longboat (LBK) from North to South.

Gorgeous Longboat Key is a destination in of itself in Sarasota. The 12 mile barrier island is relaxed sophistication personified. The south end offers a proximity to St Armands and Downtown Sarasota. Almost midway the Central Village has multiple banks, pharmacies and groceries. The tranquil north end has some lovely destination dining choices in Longboats […]
Real Estate Local Market

November 2024 Real Estate Market Report (October Recap)

Trends in Sarasota and Manatee Counties SARASOTA, Fla. (December 19, 2024) – The REALTOR® Association of Sarasota and Manatee (RASM) has released its November 2024 real estate market report, detailing key trends across Sarasota and Manatee Counties. Based on data compiled by Florida Realtors®, the housing market in Manatee and Sarasota Counties shows a clear slowdown, […]

Real Estate Local Market Florida Chamber Foundation’s 2025 forecast The Florida Chamber Foundation presented its virtual 2025 Florida Economic Outlook & Jobs Solution Summit Jan. 30, with forecasts for the coming year ranging from population growth to tourism trends. Highlights include: Residential real estate: In 2025 in Florida, analysts expect to see a “little bit more inventory” with “more demand than there is housing,” according […]

Real Estate Local Market YEAR-END 2024 REAL ESTATE REPORT: SARASOTA & MANATEE COUNTIES SARASOTA, Fla. (January 24, 2024) – The REALTOR® Association of Sarasota and Manatee (RASM) has published its Year-End 2024 real estate market report, offering an in-depth analysis of key trends across both counties. Based on data from Florida REALTORS®, the report highlights a market transitioning toward balance following the significant disruptions of the pandemic years. […]

Real Estate Local Market Restaurant Guide for Longboat (LBK) from North to South. Gorgeous Longboat Key is a destination in of itself in Sarasota. The 12 mile barrier island is relaxed sophistication personified. The south end offers a proximity to St Armands and Downtown Sarasota. Almost midway the Central Village has multiple banks, pharmacies and groceries. The tranquil north end has some lovely destination dining choices in Longboats […]

Real Estate Local Market November 2024 Real Estate Market Report (October Recap) Trends in Sarasota and Manatee Counties SARASOTA, Fla. (December 19, 2024) – The REALTOR® Association of Sarasota and Manatee (RASM) has released its November 2024 real estate market report, detailing key trends across Sarasota and Manatee Counties. Based on data compiled by Florida Realtors®, the housing market in Manatee and Sarasota Counties shows a clear slowdown, […]

Real Estate Local Market June ’24 – Inventory Up, Prices too, but Low YOY … According to The REALTOR® Association of Sarasota and Manatee (RASM) the data highlights a trend towards a more balanced market across both counties, with increasing inventory levels and more moderate price changes. The shift in inventory suggests that buyers may find more opportunities, while sellers may need to adjust expectations in light of the growing […]

Real Estate Local Market May 2024 Real Estate Market Report: Trends in Sarasota & Manatee Counties Key Trends in May 2024: • Sarasota County: Single-family homes are seeing stable sales and rising prices with increasing inventory, suggesting a shift towards a buyer’s market. The condo/townhouse market is showing a decrease in sales, with decreasing prices and increasing inventory, indicating a potential buyer’s market as well. • Manatee County: Both single-family homes […]

Real Estate Local Market Understanding Assignability of Contract Understanding Assignability of Contract By Meredith Caruso Many real estate contracts allow buyers to “assign” their rights and obligations under the contract, and sellers can suddenly find themselves working with Joe rather than Sally. What’s a Realtor to do? Ask the right questions – and don’t give legal advice. ORLANDO, Fla. – Florida Realtors® […]

Real Estate Local Market Calm before the Storm: Low Inventory, Price Up …

Real Estate Local Market April 2024 Real Estate Market Report: Sarasota and Manatee Counties . April 2024 Real Estate Market Report: Trends in Sarasota and Manatee Counties Posted by: Communications Department on Wednesday, May 22, 2024 The REALTOR® Association of Sarasota and Manatee (RASM) today released its monthly market report detailing the real estate trends for April 2024. The data reveals a significant shift in the […]

Real Estate Local Market 2024 RE Market in Sarasota & Manatee: Trends and Predictions The 2024 Real Estate Market in Sarasota and Manatee Counties: Trends and Predictions. See FULL REPORT HERE SARASOTA, Fla. (April 18, 2024) – The real estate markets in Sarasota and Manatee counties have undergone significant changes throughout the first quarter of 2024, reflecting broader economic influences and evolving buyer and seller behaviors. This press release […]

Real Estate Local Market ** Foreign Buyer Registration has begun today … 1/17/2024 FREC’s Affidavit Rule Effective Today By Amy Connolly FREC adopted a rule to implement a portion of Senate Bill 264 entitled Interests of Foreign Countries. ORLANDO, Fla. – A rule containing buyer affidavits went into effect today, Jan. 17, 2024. It was created by the Florida Real Estate Commission (FREC) with the help of industry […]

Real Estate Local Market DECEMBER 2023 – HAPPENINGS IN SARASOTA !! Experience the enchantment of the 45th Annual Holiday Night of Lights, transforming St. Armands Circle into a Gulf Coast holiday haven. Immerse yourself in the festive kick-off at 5:30 p.m., followed by a joyous Christmas Carol Sing-a-long at 6 pm. Help Santa count down the final 10 seconds to illuminate the Circle with our 60-foot […]

Real Estate Local Market Sarasota-Manatee Housing Inventory Climbs to its Highest Point for 2023 Housing inventory in both Sarasota County and Manatee County is on the rise, marking the highest number of listings reported this year in October. The latest data, sourced from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), indicates an uptick in home sales and an influx of new listings added to the […]

Real Estate Local Market October 2023 – Sarasota and Manatee Real Estate Report Sarasota-Manatee Housing Inventory Climbs to its Highest Point for 2023 SARASOTA, Fla. (November 21, 2023) – Housing inventory in both Sarasota County and Manatee County is on the rise, marking the highest number of listings reported this year in October. “Compared to the rest of the country where home sales are declining in most markets, […]

Real Estate Local Market SEPTEMBER 2023 HOME SALES INCREASE FROM LAST YEAR’S HURRICANE Posted by: Communications Department on Thursday, October 19, 2023 Amidst the lingering impacts of Hurricane Ian’s disruption to Florida’s housing market last September, the latest data from Florida REALTORS® paints a contrasting picture for September 2023. While closed sales registered an unusually high year-over-year growth, median prices stayed relatively stable. September-2023-Press-Release-and-Statistics

Real Estate Local Market Sarasota Is the Country’s Second Most Popular Relocation Destination PODS, the portable moving company, recently shared its top 20 list of cities people are moving to. Sarasota is No. 2. By Kim Doleatto July 13, 2023 Sarasota still tops PODS’ list as one of the most moved-to cities in the country. The portable moving and storage-solutions company recently released its third-annual relocation trends report, which […]

Real Estate Local Market July 2023 RASM Stats for Sarasota & Manatee “Buyers are facing a trifecta: historically low inventory, home prices that have risen for over a decade, and higher interest rates today than a year ago.” Jessica Lautz, NAR’s Deputy Chief Economist and Vice-President of Research JUNE HOME SALES INCREASE IN NORTH PORT-SARASOTA-BRADENTON MSA Home sales in Manatee County have increased year-over-year for the […]

Real Estate Local Market Why Focus on Radon? It Can Lead to Cancer For many buyers, radon is a contract detail or something noted during an inspection. But a large number of buyers don’t know what radon is or what it does. SARASOTA, Fla. – Dear Doctors: Would you please address radon gas? I’ve spent 40 years in real estate sales here in Florida, and while radon is […]

Real Estate Local Market 20 Ways to Save Money on Homeowners’ Insurance By Hillard Grossman Most money-saving tips have a secondary side effect, such as increasing out-of-pocket costs after a disaster or no coverage at all for something you may need. MIAMI – Living in a Barbie’s World is getting more challenging as homeowners’ insurance rates soar. But, there are ways you might be able to keep […]

Real Estate Local Market NAR’s 2023 International Sales Report: 23% in Fla – JULY 2023 NAR’s 2023 International Sales Report: 23% in Fla. By Kerry Smith https://www.ancestry.com/family-tree/person/tree/5343825/person/212495814034/facts International buyers face the same challenges as domestic buyers: Transactions were down 9.6% year-to-year, and the number of homes sold (84.6K) declined 14.2%. WASHINGTON – From April 2022 through March 2023, foreign buyers purchased $53.3 billion worth of U.S. existing homes – 9.6% […]