Wednesday, August 31st, 2011

Median Home Prices Increase After Spring Buying

  The Case-Shiller Index is the “Bible” of tracking instruments when it comes to measuring what is happening in the housing market.  According to this index, the prices for homes purchased are up for the third straight month in most major US cities.  In fact, in 19 out of 20 cities tracked, the numbers are [...]

Saturday, August 27th, 2011

Cash is Common

When it comes to buying property in Southwest Florida, you had better get out your wallet and turn over the cash in order to be competitive.  The reality is that as a part of the post-boom ramifications, buyers are paying for their home or condo in cold, green cash about 60% of the time.  Gone [...]

Saturday, August 27th, 2011

Cash is king for buying Sarasota property

When it comes to buying property in Southwest Florida, you had better get out your wallet and turn over the cash in order to be competitive.  The reality is that as a part of the post-boom ramifications, buyers are paying for their home or condo in cold, green cash about 60% of the time.  Gone [...]

Saturday, August 27th, 2011

High end sales pop on Boca Grande

This may be a tough real estate market for many areas and in many price points but it would appear that someone forgot to tell the residents of the lovely little island of Boca Grande this information.  At the beginning of 2011 there were 25 homes at the high-end of the market for sale and [...]

Friday, August 26th, 2011

Boca Grand Goes Crazy at the High End

This may be a tough real estate market for many areas and in many price points but it would appear that someone forgot to tell the residents of the lovely little island of Boca Grande this information.  At the beginning of 2011 there were 25 homes at the high-end of the market for sale and [...]

Saturday, August 20th, 2011

July Sees Increase In Condo Sales But Prices Are Mixed

The Bradenton-Sarasota market experienced a 15% increase in condo sales in the month of July over the previous month.  While this is healthy and good news, the prices, on the other hand, were quite mixed.  In Bradenton-Sarasota the prices dropped by 3% to $125,800 from this time in 2010 and by 8% from last month.  [...]

Thursday, August 18th, 2011

Short Sales’ Outcomes Vary Widely

Many people have jumped on the “let’s do a short sale” bandwagon after hearing of a good report from someone who went through the process and now feels as if the world is off of their back.  A few here and there even received a cash payment from their mortgage company in the end, as [...]

Thursday, August 18th, 2011

Home Warranties are More Accurately Called Home Service Contracts

It is not a good statement when one reads that in 2010, home warranty companies led Angie’s List of the most complained-about companies.  That is not too encouraging but that doesn’t mean that all home warranties are bad.  Perhaps people have not understood what they were buying or being given.  (As many people do offer [...]