Blog

Jul
31
Sarasota & Manatee County June 2017 Market Statistics

Each month, My Florida Regional Multiple Listing Service provides Inventory statistics to the local Florida Realtor Boards. The Statistical Report for the month of June 2017 shows an increase of Inventory, Median Sales Price & Time to Contract. Within this data, you will also see an increase in "PENDING" Sales and a decrease in "CLOSED" sales as compared to last year. Here are a few Featured Statistics:



INVENTORY-

The Sarasota condo market had a significant 36.2 percent increase in pending sales and a jump in NEW listings, but a decrease in median Price. The Inventory continues to increase year after year. However, compared to last month, inventory showed a decrease by 6.2 percent from last mo...


Jul
18
Florida Ranks as 16th Largest Economy in the World

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University of Central Florida economist predicts state economy to surpass $1 trillion next year, making it the 16th largest economy in the world



Economist Sean Snaith, the director for the Institute for Economic Competitiveness at the UCF College of Business Administration in Orlando, Florida, predicts that Florida's gross state product will break the $1 trillion mark next year – and then climb to $1.074 trillion in 2019, an expansion at an average annual rate of 2.9%.



Besides making the Florida economy the 16th largest in the world, as ranked by the World Bank, that gross state product growth outpaces the projected average for the United States’ gross domestic product for the sam...


Jul
12
4 Ways to Get a Better Mortgage Rate

When you buy or refinance a house, you naturally want the best mortgage rate available to you. And if you follow these four tips, you’ve got a great chance at getting it.



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What Affects Your Mortgage Rate?

You probably know that everyone is not offered the same mortgage rate, even by the same lender. Your rate depends on several factors:
- Borrower risk profile. The most desirable borrowers are those with excellent credit, a substantial down payment (or lots of home equity if refinancing), buying a single-family primary residence.
- Shopping behavior. Studies show that consumers who shop more pay less. Obtaining multiple loan quotes really does get you a lower mortgage rate.
- The mortgage ...


Jul
06
Sarasota, Florida Ranked #3 Best Beach Town in USA!

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In a recent survey by online credit rating company WalletHub, the city of Sarasota ranks number 12 on their list of “2017 Best Beach Towns to Live In.” The company looked at 227 different cities with populations between 10,000 and 150,000 people and at least one beach and then ranked them across six key dimensions:



1. Affordability
2. Weather
3. Safety
4. Economy
5. Education & Health
6. Quality of Life



Sarasota scored highest in the Quality of Life area, which crunches data from a wide variety of factors ranging from average commute times to public beaches, water access and swimming pools per capita to shopping, dining, nightlife and recreational outlets. Coming in number 3 on the &ldq...


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 Keller Williams Island Life Real Estate       The Coffey Group Fine Homes International        Coffey & Divald Property Management 

 206 Harbor Drive S,                                    1491 2nd St Suite B, Sarasota FL 34236

Venice, Florida 

34285

United States