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State of the Market

Sarasota real estate market is still on a roll

Welcome to December. As the year comes to a close, let’s look back on home appreciation in 2022. Home prices continue to show strong year-to-year growth, but recently there are declines in month-to-month comparisons. Let’s start with year-over-year. The CoreLogic Case Shiller 20 US city price index found an overall 10.4% year-to-year increase nationally in…

Third Quarter 2021 Market Report

Sarasota – Manatee – Charlotte Historically, September along the Southwest Florida Gulf Coast is generally the slowest month of the year. September 2020 was an anomaly as selling and buying intensified whereas September 2021 continued to move at a brisk pace and we returned to a more familiar pattern comparable to September 2019. Markets are…

Sarasota news you can use

  Hurricanes, Housing and Our Love of the Ocean Over the past roughly two decades, a number of destructive hurricanes have had a costly immediate impact on a huge number of U.S. coastal communities – from Hurricane Andrew, through Katrina, Sandy and most recently Harvey. While the immediate impact on housing is immense and often runs in…

TRID New Closing and Mortgage Rules in Effect!

Across the country ( not just Florida !) lenders, title companies and consumers must now adhere to new Federal Government mandated real estate closing guidelines called TRID (TILA-RESPA Integrated Disclosure). With little media exposure, and little fanfare, the following is now the new normal as at October 3/15… **Good Faith Estimates and Truth-in-Lending statements are…