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  • Luxury on Sale

    12:55 pm on February 17, 2010 | Comments:0
    Tags: , , , maximum opportunity,   Filed under: Bradenton, Buyer Info, Condominiums, Luxury, The Housing Market

     
    February 17, 2010
     
    Check out the bargains at Riviera Dunes in Palmetto.
     
    By Robert Plunket, Real Estate Junkie, Sarasota Magazine
     
    The whole town is talking about those luxury apartments at Riviera Dunes up in Palmetto that have been reduced to prices that are truly startling – they now start at $140,000 for a 2,000-square-foot unit that was originally priced at almost half a million. Are they any good? What’s the catch? And what does this mean for the future?
     
    Riviera Dunes is a very elaborate high-end development on the eastern edge of Palmetto that includes private homes, a big marina, and three large apartment complexes, the one in question being called Bel Mare. It was built at exactly the wrong time and has been purchased out of foreclosure by a company that specializes in turning these sort of situations around. Apparently they purchased 53 units for an average price of $120,000 and are now selling them at greatly deflated prices. (More …)
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  • 11:07 am on December 9, 2009 | Comments:0
    Tags: , , , maximum opportunity, , ,   Filed under: Motivation

    7 Ways to Take Advantage of the Extended Tax Deduction

    By Bob Corcoran

    For more information, visit http://www.CorcoranCoaching.com.

    Now is the time to act because we don’t know if Congress will extend the deduction a third time. My guess is no. I believe lawmakers and economists expect natural market forces to take over in the busy season in the spring of 2010 without the incentives.

    RISMEDIA, December 9, 2009—Look who got an early holiday present—Realtors and the rest of the folks interested in buying and selling homes.

    Bob Corcoran is a nationally recognized speaker and author who is founder and president of Corcoran Consulting Inc. (CorcoranCoaching.com, 800-957-8353), an international consulting and coaching company that specializes in performance coaching and the implementation of sound business systems into the residential or commercial broker or agent’s existing practice.

    Hats off to the National Association of Realtors (NAR) and its lobbying efforts for bringing us fantastic news out of Washington, D.C.–lawmakers have extended the homebuyer tax credit to April 30, 2010. And they’ve sweetened the deal: the law increases the limit for couples to $225,000 in annual income, roughly $55,000 more than the existing law.

    Plus, it adds a nice $6,500 carrot for those who’ve lived in their homes for five of the prior eight years to buy up or buy elsewhere. I believe this will move houses at both the lower and higher ends as well.

    This news is a perfect opportunity for Realtors to capitalize on several levels:

    1. Stand out from the crowd – Many Realtors take a break near the end of the year. If you choose to keep working, you’ll not only stand out from the crowd, you’ll be able to get the most out of the extension and improve your bottom line.

    (More …)

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  • President Signs Homebuyer Tax Credit Extension

    8:56 am on November 10, 2009 | Comments:0
    Tags: , , , , maximum opportunity, , , , , ,   Filed under: Buyer Info, Communities, Sarasota, Seller Info, The Housing Market

    government_affairs_tax_credit_ext_chart_110409Tax Credit Extension

    President Obama signed H.R. 3548 Friday morning, enacting into law an extension, and adjustment, of the $8,000 tax credit for first-time buyers. Among other things, the extension adds money for certain move-up buyers; creates one deadline for signing a contract and a later deadline for closing; changes income requirements; and limits a purchased home’s cost to $800,000.

    Extending the homebuyer tax credit and expanding it to reach more homebuyers is the right thing to do,” says 2009 Florida Realtors® President Cynthia Shelton. “It is critical to maintaining the positive momentum we’ve been experiencing in the housing market and in the overall economy. Florida Realtors applaud congressional leaders for taking action to extend the homebuyer tax credit into 2010, which will help Florida families realize their dream of homeownership, improve our communities and strengthen our economy.”

    Adds John Sebree, Florida Realtors vice president of public policy, “Florida residents enjoy two additional advantages. The Florida Homebuyer Opportunity Program (FHOP), created by the Florida Legislature earlier this year, still has approximately $28 million that first-time homebuyers can access and use toward their downpayment. And move-up buyers now have the ability to ‘port’ their current property tax savings to a new home.”

    To view the entire article, click here.

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  • Christie’s Great Estates - Reaching the World With International Marketing

    2:40 pm on October 29, 2009 | Comments:0
    Tags: , , , maximum opportunity, , , ,   Filed under: Global Affiliates, Statistics, Web, Web Stats 2009

    Christie’s Great Estates provides global opportunities superior to any other international luxury real estate network. Michael Saunders and Company is proud to be part of this network in delivering the most optimum international marketing strategy to our sellers. Click on the below image to download a viewable and printable version of how Christie’s Great Estates global network is the best option to sell your home.


    CGE IntlMarketing  8-30-09



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  • 25 Best Places to Retire

    2:41 pm on September 10, 2009 | Comments:0
    Tags: , , , , maximum opportunity, , , , ,   Filed under: Buyer Info, Communities, Seller Info, Vacation

    Thinking about your post-work home?

    You’ll get huge bang for your buck — plus lots of other perks — in these towns.  Port Charlotte, Fla.port_charlotte_fl

    Population: 48,000

    % over 50: 44%

    Typical 3-bedroom home: $170,000

    Housing prices down: 63%

    State income tax: None

    Lots of places in Florida have been battered by the housing bust. But this laid-back Gulf Coast town, just across Charlotte Harbor from pricier Punta Gorda, arguably best hits the sweet spot of great prices and great amenities.

    Homes here cost less than half what they did in late 2005, and about 40% of them sit on canals and waterways leading to the harbor – which has 270 square miles of cruising waters and 219 miles of protected shoreline. – CNNMoney.com,  by Sarah Max and Beth Braverman

    To view the entire article, click here.

    To see complete data, including tax rates for Port Charlotte, click here.


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  • Wall Street Journal Essay - A Toe in the Water

    3:21 pm on August 24, 2009 | Comments:0
    Tags: , , , maximum opportunity, , ,   Filed under: Buyer Info, Communities, Seller Info, The Housing Market

    A Toe in the Water

    Real estate is starting to look cheap enough to buy. Or at least think about buying.

    By DAVE KANSAS

    Recently over dinner, a friend of mine startled me by saying he and his wife were looking to buy a lake cabin. I figured that in this time of economic uncertainty, people would still be stuffing their mattresses with hard, cold cash. But buying real estate? That seemed particularly surprising.

    The Journal Report

    See the complete Your Money Matters report.

    The more I’ve talked to people, though, the more I get a sense that things have started to change. While the economy remains in rough shape and the jobless rate continues to rise, the frantic desire to save and build cash reserves has ebbed. Those fortunate people who have weathered the storm are emerging from their fetal crouch and starting to think more about taking some investment risks.

    What I find especially interesting is where most of my risk-taking friends are headed. It isn’t the stock market; in fact, the only folks I know who have waded back into the stock market are the gunslinger types who never really left it.

    Instead, they seem to be heading for real estate. At first I found this puzzling, given the brutal battering real estate has taken. But that’s the point: An increasing number of my friends see this as the perfect opportunity to find something at a bargain-basement price.

    And so, among my friends: A New York executive and his wife are looking for a summer place in New England; a small-business owner in Minnesota is thinking about acquiring some rental property; a New Jersey technology consultant is considering buying a small apartment in New York, perhaps with some other friends. (More …)

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  • Sarasota-Bradenton Home Sales Spike 30% in July

    3:15 pm on August 21, 2009 | Comments:0
    Tags: , , , , maximum opportunity, , , , ,   Filed under: Buyer Info, Communities, Seller Info, The Housing Market

    National home sales, as reported by the National Association of Realtors for the month of July, were the best in several years.

    SarasotaBradentonhomesalesspikeFriday, August 21, 2009

    Home sales in the Sarasota-Bradenton market rose 30 percent during July as buyers scurried to lock in a tax credit of 10 percent of the purchase price, or up to $8,000.

    Prices in the market were down 22 percent from a year ago at $179,500, but continued to show stability, rising 10 percent from $162,700 in June, according to data released Friday by the Florida Association of Realtors.

    In Charlotte County-North Port, sales rose 24 percent in July, but the median sales price of $105,000 was down 26 percent from a year ago and 28 percent from June.

    Statewide, home sales rose 37 percent, with the median dropping 24 percent to $147,600. That price was roughly flat with $148,000 last month.

    Nationally, sales in July posted the largest monthly increase in at least 10 years, perhaps a sign that the U.S. housing market is rebounding quicker than expected. – HeraldTibune.com (article by Tom Bayles & Aaron Kessler)

    To read the entire article, please click here.

    Related Links (Provided by, Florida Association of Realtors and the University of Florida Real Estate Research Center):
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  • Digital Listing Presentation

    5:41 pm on August 12, 2009 | Comments:0
    Tags: , , , , maximum opportunity, , , , , , ,   Filed under: Buyer Info, Charts, Communities, Global Affiliates, Seller Info, Statistics, Web

    A comprehensive guide to listing your properties with confidence.

    ListingPresentation09

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  • Enhance Your Real Estate Experience

    4:11 pm on July 8, 2009 | Comments:0
    Tags: , , , , maximum opportunity, , , ,   Filed under: Buyer Info, Seller Info, Web

    Why limit yourself to property ads in print?  Start your home search on your terms.  Access a wealth of information on available properties, agents and more at michaelsaunders.com. User friendly and available 24/7.  Michaelsaunders.com has information on 25,000+ available properties throughout Sarasota, Manatee and Charlotte counties.

    Click image to view full size in printable form.

    EnhanceYourExperience

    EnhanceYourExperience

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  • Where In The World is Michael Saunders?

    10:03 am on June 30, 2009 | Comments:0
    Tags: , , maximum opportunity, , ,   Filed under: Buyer Info, Global Affiliates, Seller Info

    Click image to view full size in printable form.

    0906_whereintheworld

    The debate over whether home prices have stabilized
    in Southwest Florida has reached something
    of a confusing impasse, with as many experts saying
    they have as those who think they haven’t quite.
    Regardless of whom hindsight eventually crowns
    the winner of this somewhat ludicrous debate —
    which accomplishes little more than stalling our
    recovery by injecting more uncertainty into many
    would-be buyers — competitively-priced properties
    at Michael Saunders & Company continue to sell
    at the average rate of $4.5 million each day.
    Meanwhile some of the major beneficiaries of
    today’s value-laden real estate market are wasting
    no time on the sidelines waiting for the pundits to
    sort out whether now is the right time to buy, or
    not. These are today’s international buyers, many
    of them from Western Europe, who are recognizing
    some of the best buying opportunities to come out
    of Southwest Florida in many years. With a buyers’
    market in full swing over here, and the dollar at
    unprecedented lows over there, they’re cueing up
    as never before to happily seize on opportunities
    that could just as easily slip away while the debate
    rages on. Whether a great deal today could get
    better by waiting is a moot issue if the home you
    want sells tomorrow to someone else. The time
    to buy, the pundits will eventually agree, is in the
    eye of the beholder.
    At Michael Saunders & Company, we haven’t
    suddenly realized the importance of the international
    buyer. Our perfect little swath of coastline
    has long been favored by quality and cultureconscious
    Europeans and reaching out to them
    where they live has been an important benefit
    extended to our sellers for going on four decades
    now. Indeed no one has been a more dedicated
    or tireless ambassador of our enviable lifestyle
    than Michael Saunders, who at great effort and
    expense has pursued one international brokerage
    partnership after another since first opening
    her doors back in 1976. To continually satisfy the
    best interests of our customers, Michael Saunders
    & Company now claims exclusive relationships
    with several of the top consortiums of independent
    brokerages throughout the world. These include
    Leading Real Estate Companies of the World,
    Luxury Portfolio, Board of Regents, Christies
    Great Estates, EREN-The European Real Estate
    Network and London’s Mayfair International
    Realty, an organization representing 125 real estate
    brokerages with 350 offices throughout the United
    Kingdom, Europe and the Middle East.
    Just since ringing in the New Year, Michael
    Saunders has logged thousands of air miles to take
    the podium at numerous international conferences
    — held on both sides of the Atlantic — to preach
    the marvels of paradise on Florida’s Gulf Coast.
    One week in New York, the next in Chicago; her
    next stop will be in the Dominican Republic where
    you will find her promoting Southwest Florida
    before an international conference of EREN,
    the European Real Estate Network, one of our
    newest brokerage partners. Comprised of 22 of the
    most prestigious European property firms, EREN
    operates from 53 offices in 10 countries. Then it’s
    off to Boca Raton for the international conference
    of Leading Real Estate Companies of the
    World where as chairman of the board for her third
    straight year she will welcome representatives from
    the organization’s 700 affiliate firms representing
    160,000 sales associates from over 35 countries
    around the world.
    Then it’s west to a conference in California,
    on to Denver, overseas to Rome, back to Denver,
    overseas to the UK, and so on throughout much of
    the year. To keep up with this annual schedule of
    promoting Southwest Florida to brokers around the
    world you’d need a few pairs of comfortable shoes
    and a year’s supply of Wheaties. And since it’s not
    uncommon to hear her friends and colleagues ask
    where in the world is Michael Saunders, a global
    positioning system couldn’t hurt.

    The debate over whether home prices have stabilized in Southwest Florida has reached something of a confusing impasse, with as many experts saying they have as those who think they haven’t quite.

    Regardless of whom hindsight eventually crowns the winner of this somewhat ludicrous debate — which accomplishes little more than stalling our recovery by injecting more uncertainty into many would-be buyers — competitively-priced properties at Michael Saunders & Company continue to sell at the average rate of $4.5 million each day. (More …)

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