Kelley Luxury Homes | Sarasota Real Estate

I have been waiting for the bottom of the Sarasota Real Estate Market forever it seems, well at least since July 17th, 2005 (more…)

Finally, the Sales activity is picking up in Sarasota!!!  it’s like someone turned on the faucet again and something tells me that this is going to be one busy summer, so let me tell you now what the media will tell you in three to four weeks from now…..Pending Sales are through the roof, communities that  didnt have any activity inside of 9 months have been getting 3 to 6 pending sales in a weekend.  For example, look at Laurel Oak Estates, one of, if not, the Country Club in Sarasota had’nt had a decent sale inside 9 months and what I mean by that anything over 500k, now we have 5 pending sales in just the last 2 weeks, one of which is my pending deal at 7590 Albert Tillinghast Drive.  Take another commnity that will make my pal Marc Rasmussen at www.realestaterag.com laugh.  Deer Creek is the community in question where the sales were at an all time low, but now, in the same time frame as the aforementioned country club, has had 5 pending sales just this past week.  I am not sure exactly what the reason is for these brisk sales but I suspect it is the renewed confidence in the past month in the stock market. A quick stat is that the world wide economy has jumped 12% since the markets low of 6500.

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