June 2020

Found 3 blog entries for June 2020.

Customers often want to know if they are getting the best deal possible.  Supply and demand directly effect sales prices in each market place.  Most people assume that due to the bleak economic forecast that the housing market must be depressed and that prices must have dropped.  It is not so.  We have less homes for sale.  The inventory level has dropped.  Seller's have removed their homes from the market.  This has driven prices up.

We still have increased demand from people moving to Florida from other States.  I have personally seen interest from people in New York, Connecticut, New Jersey and Illinois.  These people want to leave heavily populated cold weather climates before the fall of this year.  This increased demand has meant that homes are

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Sarasota is appealing for many reasons.  Something that makes the area unique is the history of arts and culture.  John Ringling from Ringling Brothers, Barnum and Bailey Circus fame was an early snow bird who ended up developing land and neighborhoods to make Sarasota what it is today.  The John and Mable Ringling Museum was established in 1927 and is a must stop destination with over 10,000 objects on display.  One of my favorite parts of visiting the sprawling water front property is visiting Ca'd'Zan which is the mansion inhabited by John and Mable Ringling.  It is an immense home styled in opulent Venetion fashion that is truly breathtaking and tours are available daily.

While in Sarasota you will want to see the show schedule at the Van Wezel

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Florida is a unique market in the United States.  We have great weather, low taxes, and great deals in Real Estate.  Across the United States there were more people applying for mortgates last month than this month.  In fact there was an 11% jump in mortgate applications vs. May of last year.  Why?  Part of the reason is the low interest rates.  This means more money in your pocket!  A lot more!

In the Florida Real Estate market have many types of buyers.  First time buyers, buyers who are purchasing a second home, and retirees who are buying cash.

It's interesting that most transactions over $1million dollars are cash purchases and the closer you get to the salt water the higher the percentage of cash buys.

Paying cash for a home isn't

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