Real

March / April
2007

Copyright © 2006
Sarasota Life Realty Group Inc.
All Rights Reserved.







New Single Family Homes and Paired Villas in a community with amenities. Lake and preserve views. Just minutes from the beach

    KITCHEN:

    • COMPLETE APPLIANCE PACKAGE
      Over the range microwave
      Smooth top range with self cleaning oven
      Quiet power dishwasher
      Side by side refrigerator with ice maker
      Super capacity washer and dryer
    • 2000 square feet of living space,
    • Flat panel maple cabinets with 30" uppers
    • Granite countertops with stainless steel sink
    • Six recessed can lights
    • Smooth walls in kitchen and breakfast nook

    BATHROOMS:

    • Cultured marble tops with integral sinks and tubs
    • Elongated commodes
    • Raised height flat panel maple vanities
    • Upgraded wall tile with deco tiles in Owner's Bath
    • Smooth walls in bathrooms
    • Beveled mirror medicine cabinets

    ADDITIONAL FEATURES:

    • Fan, telephone & cable pre-wires in bedrooms and den
    • Ceramic floor tile in foyer, kitchen, nook, baths & utility room
    • Antique brass door hardware
    • Air conditioned walk-in closets
    • Spraycrete on front entry and under truss lanais
    • Additional coach light
    • Rocker switches throughout
    • Fully sodded Floritam yard with irrigation system
    • 30 year dimensional roof shingles

Priced from
under $200K for paired villas under $300K for Single Family



    What's Going On?
    by Linda Grimshaw

    The question that I'm most often asked is " What is going on in the Sarasota Real Estate market?". The answer is combination of fact and guesswork!

    Fact: A housing shortage several years ago fueled the building market. Developers not only fed the then current market but also speculated themselves. Building everything from entry level condos to multimillion dollar highrise condos on the Bay Front.

    Fact: The building boom of the early 2000's finally met up with current demand. It became harder and harder to fill the available rental units. Investors began to pull out and dump their properties for a tidy profit. Other investors that had the intention of flipping their contracts to purchase found no buyers.

    Fact: Buyers from the other parts of the country began to put their purchasing plans on hold when sales in their hometowns slowed. All these facts, together produced a slowing sales market with simultaneously rising inventories.

    So what now you ask? Well, here are a few more facts.

    Fact: Owners who only put their property up for sale to cash in on the appreciation of their homes are pulling those properties off the market.

    Fact: Many builders have tabled construction plans for developments until inventories drop.

    Fact: Resale prices have dropped 10% and appear to be leveling. New home prices have dropped as well and purchase incentives have never been more generous.

    Fact: When the inventory is gone, so will the deals and the incentives and prices will begin to rise again. Another indisputable fact is the Florida Gulf Shores is a fantastic place to live. Baby boomers have just begun to relocate. There is only so much prime property and it's gone fast in the past and will go faster in the future.

    Here's the Guesswork: When will the excess inventory be gone? No one knows for sure. Some say six months, some say longer. I can tell you that sales have picked up in this first quarter of 2007. Prices are stabilizing and I don't think they will fall much lower, if at all.

    My Recommendation: If you're considering joining us on the Gulf Coast, start looking now. Next fall may be too late. But then....that's just my guess!




FEATURED PROPERTIES


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North Port
Great location in an area of new homes. Close to I75, schools and shopping. Lot has electric - great investment -

$59,900



"FEATURED PROPERTY"
Griffon Woods Villa
Longwood Run

Nestled away in this secluded forested community, a spacious out of the ordinary villa beckons you inside a virtual tree-house. Bird watch from your comfy couch. Enjoy the outdoor lighting effect on the forest at night.

JUST REDUCED
$349,000




"FEATURED PROPERTY"
Pristine 13 Unspoiled 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.

$349,000





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Live the downtown Sarasota lifestyle in this prime location - arts district, theatres, restaurants and shopping and close to beaches and St. Armands

$629,000
or
Rent Annually $1600 mo.


"RECEIVE LISTINGS"
Simply click here to start receiving currently available homes in the Sarasota area.



E-mail: linda@sarasotalife.com
Web: http://www.sarasotalife.com
941-359-8020 Office

Sarasota Life Realty Group Inc.


Equal Housing Opportunity