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Happy New Year 2008
2008 brings the promise of new opportunities. Opportunities to revitalize, grow and prosper.
We've all been hearing about "Sub-Prime". While the "Sub-Prime" mess will impact us all in some way, we should focus on the actual numbers. In 2006 approximately 27% of all mortgages were "Sub-Prime", accounting for approximately $700 billion dollars. Approximately 13% of that number are, or will be in foreclosure. That translates to $91 billion of $2.6 trillion, or 3.5% of the total mortgage market. You could also say the 96.5% of the mortgage market is not anywhere near foreclosure. Pretty reassuring !
Real Estate values in the Sarasota / Bradenton area have seen the first reversal in recorded history. Sarasota, Bradenton has seen the least deterioration of any community in Florida. That's a testament to the desirability of Sarasota , Bradenton. Prices have begun to slowly rebound indicating the bottom has been reached. The Sarasota, Bradenton community remains the most sought after area in Florida for relocation and retirement.
What does this mean to you? If you're looking to relocate, purchase a second home, or invest, Now is the time! While the number of "Quality" properties on the market are plentiful, the numbers are not overwhelming. A rebounding first quarter could see the best properties gone!
Give Linda a call at 941-359-8020. She'll be happy to discuss the Sarasota, Bradenton Real Estate Market with you.
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December 1st 2007
| Sarasota Home Sales reported in October were down slightly from last year. Asking price versus sales price rose over 2006 to 92.4%. Sales in October also increased by 14% over September. While some areas of Florida have seen dramatic sales drops, Sarasota has consistently performed better than other regions of the state.
While many quality homes remain on the market it is becoming clearer that the bottom has been reached in the Sarasota Real Estate market. Our recommendation is to begin your search for that new home. Your choices will never be better!
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Seasonal Rentals Available
Click Here!
FEATURED PROPERTIES
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Longwood Run
Privacy abounds in this Longwood Run beauty on preserve lot with mature landscaping, fruit trees, bromeliads color the landscaping, newly sodded lawn, exterior paint, popular floor plan, beautifully maintained.
$429,900
Click for more information
Saddlebag Trail
13 acres in a lovely, deed restricted, equestrian neighborhood. Palmetto scrub interspersed with oak, pine and shared wetlands. A creek crosses the rear corner of the acreage. Property offers several buildable private locations.
$299,000
"RECEIVE LISTINGS"
Simply click here to start receiving currently available homes in the Sarasota area.
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The Cleveland Orchestra.
Tickets: $80, $75, $70
The Cleveland Orchestra
Tuesday, January 22, 8 PM
Franz Welser-Möst, Director Mozart: Symphony No. 28 Debussy: Iberia Dvorak: Symphony No. 9
The Van Wezel Box Office is open Monday thru Saturday
9:00 a.m. to 4:30 p.m. and Sundays from 1:00-5:00 p.m.
For Customer Service,
please call 941-953-3368
http://www.vanwezel.org/
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