Thursday, November 14, 2013

While Problems Exist Elsewhere, Sarasota Home Sales Continue at a Strong Pace

Home sales across the nation are being held back by a number of forces including higher prices, higher, mortgage interest rates and, unfortunately, a general lack of homes on the market. 

Of course, the antics in Washington shutting down the government and threatening to default over the debt ceiling did nothing to make Americans feel more confident. So many real estate markets are finding that sales volumes flattening out or even dropping off.

Fortunately, that has not been the case here in the Sarasota real estate market.  A couple of reasons, I think explain our good fortune. First a fair percentage of properties in the Sarasota real estate market are sold for cash so the higher mortgage interest rates have had little effect. And, Sarasota has retained its high standing as one of the "Best Cities in which to Retire," one of the "Best Places to Re-invent Yourself" and as the "Center of Florida's Arts & Cultural Scene."

But Sarasota Florida has more than good titles and rankings.  For sun and beach lovers, there are over 35 miles of beaches including world-famous Siesta Key beach known for having the whitest sand in the world. And nowhere in the world will you find more gorgeous sunsets than on Florida's West Coast jewel of Sarasota.

 For lovers of the game of golf, metro Sarasota including Bradenton, Osprey and Venice offers over 80 golf courses ranging from public courses to the most challenging public and private courses. There are golf courses to challenge every level of player, many with communities of country club homes  surrounding them. Boaters, day-sailors, scuba divers and fishermen will love the Sarasota offerings of every conceivable water sport.

Sarasota also offers the widest possible variety of residential properties from downtown high-rise condos and penthouses to golf course communities and waterfront homes in every price range and to meet every imaginable desire you may have. The barrier islands,  Siesta key, Lido Key, Bird Key, Longboat Key and Casey Key each offer their own unique but generally upscale lifestyles. St. Armands Key with St Armands Circle, with its upscale shops and boutiques, offers some of the most elegant shopping in Florida.

So, it should come as no surprise that Sarasota home sales continue to grow.  September home and condo sales in Sarasota County were 22% above the volume at the end of September one year ago.
For more information on Sarasota homes for sale, in general, and Sarasota golf course homes, in particular, call me today at 941-266-1799.

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