KEEP THE MARKET IN PERSPECTIVE

A realtor on Longboat Key sparked my interest with her review of the Sarasota market in a recent newsletter by saying that people hold the wrong impression that the only properties selling on the market these days are short sales and foreclosures–far from the truth. Although distressed sales are putting downward pressure on pricing, they [...]

RENTAL MARKET CALLS FOR FLEXIBILITY, TOO!

estate market, there’s a need currently for investor/owners and property managers to maintain an equally vigilant and watchful posture. Our Duncan Vacation Rentals division currently sees renters booking properties for much less time than previously. In addition, we see renters requiring more and more flexibility when it comes to minimum rental periods. What other trends [...]

TEST THE WATER, ONLY IF YOU’RE SERIOUS!

The Manatee Association of Realtors’ Market Dynamics report comes out at the end of every month, providing a view of movement in both the single family and condo markets for every month for the previous two years. Now that I’ve seen the latest report, I must reiterate that Island real estate paints a far better [...]

Florida Realtors Are Pretty Darn Good!

Florida Realtors may have sold $200,000 less than the national median volume of $1.6 million in 2007, and they may have closed three transactions less than the average realtor across the nation last year, but in almost every other way, Florida realtors mirror the national average, sometimes minutely better or minutely worse.
According to a Member [...]

And We Are Off! The Island,That Is.

Since last week’s report relayed the growing number of sales in Manatee County, this week I am concentrating on MLS data as it relates to Anna Maria Island. Interestingly, the Island currently shows four more sales in November this year than the five that closed last year for the same three week period. However, the [...]