Blog

Aug
14
Sarasota Florida is the Fastest Growing Luxury Real Estate Market in the U.S.

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It's no wonder that Sarasota, Florida has topped yet another list in the real estate market. This time, out of 91 major market segments across the U.S., Sarasota was named the fastest growing luxury market in their study. Think about that. What was once referred to as a "sleepy fishing village", has now made the list of the top fastest growing luxury markets in the United States.


Our next logical question we should ask is, why? Why is Sarasota, Florida so appealing to so many and where are these people coming from? According to Realtor.com, they are coming from the northeast. According to Realtor.com®, "Luxury prices in the Sunshine State are rising quickly as buyers from places like New...


Aug
09
Which Two Florida Cities are 2 of the Fastest Growing Suburbs in the U.S.?

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Manifest Destiny...westward expansion. The sound of it just takes me back to those good 'ol days of my 7th-grade history class! You don't remember? In short, the "new" Americans were pulling their roots out of the more populated cities and towns of the east and moving west. Moving west in search of economic opportunity, land ownership...and freedom. It started small, but by 1840, nearly half (40%) of our nation's population lived in the trans-Appalachian west. The suburbs were getting busy! Fast forward to modern day America and it would appear as though we may have another expansion occurring. Only this time, Americans are heading south.


You don't have to live in Florida to know that Flori...


Jul
24
Florida GDP Hits $1 Trillion Mark

Florida becomes more and more of an economic powerhouse every year, being one of the ripest and most in-demand markets in the country, so it comes as no surprise that Friday, July 13th, Florida’s gross domestic product finally reached the $1 trillion mark. According to the state chamber, if Florida were an independent country, that amount of economic output would make the Sunshine State the world’s 17th largest economy, growing larger than Saudi Arabia, Switzerland, and Argentina’s. Although the number is high, this was to be expected, University of Central Florida economic analyst Sean Snaith said the state has been strong in all areas of employment.



This is really being d...


Jul
09
Europe’s Real Estate Resurgence Continues

As Europe continues to be the peak of the global residential price growth, China, the world’s prime market for the past couple of years, takes the lead for its runaway home prices. According to the Knight Frank Global Residential Cities Index, in the first quarter of 2018 alone, 15 out of the 24 global cities that posted a double-digit price increase for residential homes were in Europe. Further solidifying Europe’s position as a leading home market. In the front of the group was Berlin, with an annual growth rate of 14.9%, next Rotterdam, Netherlands, coming in second at 14.8% and Budapest, Hungary, coming third at 14.4%.



The recovery in European cities is largely attributable to...


May
02
Closed and Pending Sales Increase in Residential Market

With consideration that it is only May of 2018, this two-county area has already closed on 5,015 properties which is a substantial increase from this time last year! While the inventory levels dropped during the month of March, the median prices only continue to rise. This past month has also shown pending sales increasing greatly with indicating more closed sales on the horizon. Altogether, the closed sales for single-family homes and condos have raised 2.3% with comparison to this time last year! The condominium market has had an improvement with sales with a 9.9% increase in Sarasota County and a 9.7% increase in Manatee County. On the other hand, single-family home sales have lowered abo...


Nov
22
Sarasota Small Business Saturday Deals & Specials

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This November 25, we want to share Small Business Saturday® with you! It’s a holiday shopping tradition that celebrates small businesses like ours. And it wouldn’t be a celebration without our members like you joining us.


We are asking our members to send us your deals or specials running on Small Business Saturday to communications@sarasotachamber.com and we’ll keep a running list of our members participating below and share them on social media!




So mark your calendar for November 25 — the Saturday after Thanksgiving — and get ready to Shop Small® with us. Grab a friend or family member and stop by to support our local small business members participat...


Jun
26
Top 3 Best Hotel Pools in Sarasota

Whether you are visiting Sarasota or looking for a place to stay as you search for you Florida dream home, these 3 hotel pools are must to experience!



Aloft Hotel

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Jun
22
Jun
15
Buying a Vacation Home in Sarasota, Florida

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Establish a Price Range


First, establish a price range. Purchasing your second home should be enjoyable and not wear down on your finances. For purposes of a price range, assume that your down payment, closing costs, and furnishing will be 33% of the purchase price. In other words, if you have $50,000 in cash, your beginning price range should be between $130,000 and $170,000. However, with a second home a down payment can be a little as 10%, so if you are someone with $50,000 to put down you could qualify significantly more for a purchase price. Many borrowers may decide choosing a lesser price is ideal as it keeps monthly costs down. Second homes generally qualify at the same interest rate...


Jun
08
10 Reasons to Visit Marina Jack's

Located in Downtown Sarasota is the Marina Jack's park, home to an abundance of activities for all to enjoy from water activities, drinking, picnicking, dining to working out. Marina Jack's has some of the loveliest views of Sarasota and home to stunning displays of artwork.



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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