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Broker Report - Michael Saunders & Company and Signature Sotheby's, Manatee 2009 One Million+
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Broker Report - Michael Saunders & Company and Signature Sotheby's, Manatee 2009 All Price Points
MSC Marketing
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Broker Report - Michael Saunders & Company and Signature Sotheby's, Sarasota 2009 One Million+
MSC Marketing
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Broker Report - Michael Saunders & Company and Signature Sotheby's, Sarasota 2009 All Price Points
MSC Marketing
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November 2009 Sales Up 86 Percent
MSC Marketing
The Sarasota real estate market remained hot in November 2009 with overall sales nearly 86 percent higher than November 2008. Total sales stood at 578 in November, mirroring last month’s total of 574 and much higher than the 311 sales reported in November 2008. The breakdown was 417 single family homes and 161 condos sold last month.The fall has proven to be a busy one for many local Realtors®, and the trend doesn’t seem to be slowing down. Pending sales stood at 793 in November, just below last month’s total of 839, and far higher than last November, when only 504 pendings were reported. (More …)
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10 Tips to Prepare for a Market Rebound
MSC Marketing
Are you ready for the potential of the market resurging in 2010? If you have been in real estate long enough, you will remember what happened in the last two big turnarounds in the ’80s and ’90s; those who were positioned had multiple closings all at once. So what is a strategy that would position you for winning if the market surges back?Consider these 10 things to prepare for a real estate resurgence:
1. Keep some momentum going. You should have marketing in place so that you are not scrambling to get leads after the market has taken off. Even if your marketing and advertising is running on a lean schedule, keep lead generation in place so it is a matter of speeding up, not starting up when the market turns. Otherwise, you could miss the wave of transactions that occur when the demand re-emerges.
2. Don’t throw away any leads. With the exception of those who filled out a lead form with a name like “Mickey Mouse,” keep an active database going of every single ad response, open house attendee, report request and Internet lead. If you have a system to categorize them and send specific content based on the customer type that is even better.
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First-Time Home Buyers Setting Records
MSC Marketing
NAR Survey Shows First-Time Home Buyers Set Record in Past Year
Source, National Association of Realtors®First-time home buyers reached the highest market share on record during the past year, according to the latest consumer survey of home buyers and sellers. The study was released here today at the 2009 REALTORS® Conference & Expo.
The 2009 National Association of Realtors® Profile of Home Buyers and Sellers is the latest in a series of large national NAR surveys evaluating demographics, preferences, marketing and experiences of recent home buyers and sellers. Among national surveys, NAR’s Profile of Home Buyers and Sellers is unprecedented in size and scope.
Paul Bishop, NAR vice president of research, said several factors have been at play. “Tax incentives, record high affordability conditions and a pent-up demand brought a record share of first-time home buyers into the market,” he said. “These buyers are critical to housing and a general economic recovery because the market always heals from the bottom up – they absorb inventory, free existing owners to make a trade and stimulate related goods and services.”
For more information, contact:
Walter Molony 202/383-1177 wmolony@realtors.org -
Bradenton's Village of the Arts
MSC Marketing
Village Voices & Eclectic Art Emporium is in Bradenton’s Village of the Arts, a reclaimed neighborhood. (Vanessa Rodgers/Bradenton Area Cvb)
Revitalized Bradenton Brims with Artistic Flair
By Beth D’Addono of the Boston Globe
BRADENTON, Fla. – Turn onto 12th Street West, and it’s clear that this isn’t your average neighborhood. Instead of the usual bungalows, there is a riot of lime green picket fencing, a mural that pairs Frida Kahlo with an emaciated Christ figure, and a giant cow statue painted blue. And that’s just within two blocks.
Welcome to Village of the Arts, a funky collection of more than 35 galleries, studios, cafes, and shops stretching between 9th Street and 16th Street West, and 9th and 14th Street West in what was once a rough section just south of downtown Bradenton, 50 miles south of Tampa on Florida’s Gulf Coast.
Formerly a place known for crack houses and prostitutes, Village of the Arts started as a grass-roots attempt to reclaim the neighborhood by a few brave artists in search of cheap real estate and a community. A decade later, what began as a social experiment has become a reason for locals and visitors to spend time away from Bradenton’s sandy beaches.
Bonni Brown was one of the first to stake a claim. The former New York clinical social worker opened a bakery cafe in September 1999. “We bought this place from a man arrested for shooting at crackheads. Got a great deal.’’ Today, the 100-year-old building houses Bonni Bakes, a friendly spot to have fresh mango lassi, a curried chicken salad sandwich, and a slice of red velvet cake. “We still get locals who’ve lived here all their lives and say, ‘When did all this happen?’ We’ve finally got some signs up, which will help a lot.’’
Brenda Smoak is the newest kid on the block. She opened Alchemy, a fair trade consignment shop representing 145 artists, in early October, leaving her gallery in Silver Springs, Md., behind. “I moved here because of this place – it felt like a community,’’ Smoak said. (More …)
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Sarasota-Bradenton home sales post double-digit increase
MSC Marketing
Home sales post double-digit increase
By Tom Bayles & Aaron KesslerHomes sales in the Sarasota-Bradenton market put in another double-digit increase during August, with 23 percent more homes changing hands compared with this time last year.
Related Links:Prices, however, gave some ground, dropping 8.5 percent to $164,200 when compared with July. The median sales price was down 25 percent from a year ago, according to data released Thursday by the Florida Association of Realtors.
In Charlotte County-North Port, sales rose 31 percent compared with a year ago. Prices dropped 1.6 percent to $103,300 when compared with July and were down 25 percent from a year ago.
Statewide, sales rose 28 percent, with 13,850 homes changing hands, the 12th consecutive month of rising sales. The median sales price was $147,400 in August, down 22 percent from the same time a year ago.
But home resales nationally dipped unexpectedly last month after a four-month streak of gains, providing evidence that the housing market recovery remains fragile.
The National Association of Realtors said that sales dropped 2.7 percent to a seasonally adjusted annual rate of 5.1 million in August, from a pace of 5.24 million in July.
Sales, which were still up 3.4 percent from a year earlier, had been expected to rise to an annual pace of 5.35 million, according to economists surveyed by Thomson Reuters. – Sarasota Herald Tribune
To read the entire article, Click Here.
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Top Brokers Report - Buyer Sales by Volume Mkt Share - $2,000,000 - No Limit
MSC Marketing
Michael Saunders & Company dominates the local market share for properties in the price range of $2,000,000 to no limit through out Sarasota (Buyer Sales by Volume Market Share).
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