Market Updates

LOCAL INFO, Market Updates

6 Costs Homeowners Overlook and How to Pay for Them…

6 Costs Homeowners Overlook and How to Pay for Them Source; Posted on Aug 15 2018 – 11:05am By the Experts at Hippo Insurance For many people, a house is the biggest investment they’ll ever make. And whether you’re a first-time homeowner or you’re buying your third property, you’re bound to end up covering some unexpected […]
Market Updates

2018- Ultra-luxury home market stays hot in Sarasota …

Sales in $5 million-plus range on pace to exceed last year’s mark The red-hot market for luxury residences in Sarasota-Manatee continues this year after a banner sales season in 2017. The most striking aspect of the increase in sales for $1 million or more comes with the most expensive homes — the $5 million-plus transactions. […]
LOCAL INFO, Market Updates, Sellers

What is the Coastal Construction Control Line?

CCCL: What is the Coastal Construction Control Line? https://floridadep.gov/water/coastal-construction-control-line/content/locate-coastal-construction-control-line-cccl What is the Coastal Construction Control Line? In order to protect, preserve, and manage Florida’s sandy beaches and coastal system, the Legislature adopted the Florida Beach and Shore Preservation Act, contained in Parts I and II of Chapter 161, Florida Statutes. The Coastal Construction Control Line (CCCL) […]
Market Updates

Florida’s 2018 profile of International Real Estate Buyers …

Florida’s 2018 profile of international real estate activity This is a fascinating overview of 2018 Real estate activity in Florida from Foreign Buyers….. courtesy of Florida Realtors Association. ORLANDO, Fla. – Oct. 22, 2018 – Florida Realtors® has released its latest report on the state’s foreign buyer and seller transactions, the 2018 Profile of International […]

LOCAL INFO 6 Costs Homeowners Overlook and How to Pay for Them… 6 Costs Homeowners Overlook and How to Pay for Them Source; Posted on Aug 15 2018 – 11:05am By the Experts at Hippo Insurance For many people, a house is the biggest investment they’ll ever make. And whether you’re a first-time homeowner or you’re buying your third property, you’re bound to end up covering some unexpected […]

Market Updates 2018- Ultra-luxury home market stays hot in Sarasota … Sales in $5 million-plus range on pace to exceed last year’s mark The red-hot market for luxury residences in Sarasota-Manatee continues this year after a banner sales season in 2017. The most striking aspect of the increase in sales for $1 million or more comes with the most expensive homes — the $5 million-plus transactions. […]

LOCAL INFO What is the Coastal Construction Control Line? CCCL: What is the Coastal Construction Control Line? https://floridadep.gov/water/coastal-construction-control-line/content/locate-coastal-construction-control-line-cccl What is the Coastal Construction Control Line? In order to protect, preserve, and manage Florida’s sandy beaches and coastal system, the Legislature adopted the Florida Beach and Shore Preservation Act, contained in Parts I and II of Chapter 161, Florida Statutes. The Coastal Construction Control Line (CCCL) […]

Market Updates Florida’s 2018 profile of International Real Estate Buyers … Florida’s 2018 profile of international real estate activity This is a fascinating overview of 2018 Real estate activity in Florida from Foreign Buyers….. courtesy of Florida Realtors Association. ORLANDO, Fla. – Oct. 22, 2018 – Florida Realtors® has released its latest report on the state’s foreign buyer and seller transactions, the 2018 Profile of International […]

LOCAL INFO Canadians ! As a fellow Canadian, I know how your winters can be and how we cherish a wish for a warm winter get-a-way close to home…. For years now, we Canadians have been buying up Florida real estate and businesses. I am here to help you through the many phases of a Florida real estate purchase. […]

LOCAL INFO Taking Title in Florida … NOTE: This article is no substitute for consulting with an Attorney on the best way for you to take Title. HOW YOU CAN TAKE TITLE Title to real property in Florida may be held by individuals, either in Sole Ownership or in Concurrent Ownership. Concurrent Ownership or “Co-Tenancies” of real property occurs when title is held […]

LOCAL INFO Closing Costs HELPFUL CALCULATORS Closing Costs Calculator Sellers Closing Costs Calculator Title Insurance Calculator Closing Costs are the costs paid by Buyers and Sellers at the closing for various services rendered by the lender, the realtor, the title company, and any other services incidental to the sale. The following are examples of charges to […]

LOCAL INFO Title Insurance Title Insurance Calculator Old Republic – National Title Insurance Company using calculator based on sale price……… $300,000 Title Insurance cost: $1600.00 $350,000 cost: $1850.00 $400,000 cost: $2100.00 $450,000 cost: $2350.00 $500,000 cost: $2600.00 TITLE What is a title? When you purchase a home, you are really purchasing the title to the property-which is the right […]

LOCAL INFO Florida Taxes and more … For Professional Tax Guidance contact your Certified General Accountant …. below is a laymens helpful guide… Florida Taxes Florida Residents enjoy some of the lightest tax burdens in the country. Florida residents do not pay personal income tax, inheritance tax, or gift taxes. These tax breaks by themselves bring many people from higher tax states […]

LOCAL INFO Choosing the Right Home Looking for the right home can be a daunting process for first time buyers and seasoned vets alike. From the style of the house to the type of appliances, there are countless factors that can go into such a big purchase. The following short checklist outlines the most important things you should think about when […]

LOCAL INFO Flood Ins. Risk Rating 2.0 in Effect on April 1, 2022 MARCH 24, 2022 By Kerry Smith Homeowners who renew NFIP flood insurance after April 1 face updated guidelines with new home-by-home prices. But some subsidies and discounts remain in effect. WASHINGTON – The National Flood Insurance Program (NFIP) introduced “Risk Rating 2.0” about two years ago. Under the previous program, FEMA identified flood zones and […]

Market Updates Lack of Inventory Impacts Prices and Sales in Sarasota Manatee Click here for the February 2022 Press Release and Statistics. SARASOTA, Fla. (March 18, 2022) – In February 2022, the Sarasota and Manatee housing market continues to be affected by a historically low supply of homes. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), closed sales […]