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April 19, 2008
Bird Key Update
November 13, 2009
Currently there are 35 homes for sale on Bird Key ranging from $539,900 to $9,900,000. Twelve homes are currently under contract and so far this year 26 homes have sold at the average selling price of $836,843. The highest sales price year to date this year was $4,750,000. You can click here to view details about each of the available homes on Bird Key. I will be happy to arrange a private viewing of any of these homes. Please contact me if you have any questions or if you would like more information.
Sarasota Home Prices Up 5%
November 12, 2009I have always said that when there is a recession Sarasota is among the last to experience it and among the first to recover. The National Association of Realtors indicated that homes prices have fallen in 8 of 10 cities in the US in the third quarter. At $185,200, the median home price in the Sarasota-Bradenton area is up 5.3% from the second quarter of this year. Total home sales in Sarasota-Bradenton for the third quarter of this year topped 2,314 which was about the same as in Q2 but up 32 percent from last year. The Today Show named Sarasota the number one place to buy and it looks like now is the time to buy. Visit www.todayshowsarasota.com for more information.
Veterans Day Sarasota
November 11, 2009Corneau & Associates wishes to thank our nation’s veterans for their service and sacrifice. The picture above was taken at Sarasota’s National Cemetery on SR 72 (Clark Road). Sarasota celebrated Veterans Day with a parade down Main Street.
The Moorings Sales Update
November 7, 2009The Moorings at Edgewater in Lakewood Ranch is a very unique property. Being located on the lake right next to Main Street Lakewood Ranch makes this community both scenic and convenient. This gated community provide a luxury lifestyle that many will find enviable. Currenlty there are 11 townhouses for sale ranging in price from $264,900 to $699,000. So far this year 5 units have sold.
Urban Reef Sarasota
November 6, 2009Grand opening ceremonies for one of Sarasota’s newest restaurants will be November 12th. The new restaurant, Urban Reef is located at 1888 Main Street in downtown Sarasota.
Forest Creek Parrish
November 5, 2009
One of our clients just went to contract on a new home in Forrest Creek. This Parrish neighborhood is really a great value. Forrest Creek is a Neil Community that was originally planned for homes in the $500,000. The developer shifted with the market and began building more modest homes in the low $100,000s. The great thing about the neighborhood is that the entrance gates, landscaping and amenities were all constructed with higher end homes in mind. The result is neighborhood with homes priced under $150,000 and large preserve areas, amenities and the feel of a much more expensive community.
Siesta Harbor – Siesta Key
November 1, 2009Right now there is a good deal available at Siesta Harbor on Siesta Key. This one bedroom two bath water view condo, listed with another firm is a great value at it’s list price of $187,000. Siesta Harbor, on Siesta Key offers excellent boating water suitable for larger sailboats, access to Crescent Beach, a community pool and more. This is a great choice for boaters over 55 years old. Siesta Harbor also has an on-site rental office. Click here to view details about this property. Click here to learn more about Siesta Harbor
Siesta Key Condos
October 30, 2009Currently on Siesta Key there are 374 condominiums for sale at an average price of $650,498. The highest price is a 4 bedroom 4 bath condo/townhouse unit at Waters Edge that is listed for $2,799,000. The lowest price condo is an efficiency unit at the Hyatt Siesta Beach, a fractional ownership resort which is listed for only $135,700.
So far this year 157 condominiums have been sold at the average price of $529,462. The highest priced sale closed at the selling price of $3,150,000. It was a 4 bedroom condo at Seagrove that was listed for $4,250,000. The lowest priced sale was $140,553 for a foreclosure unit at Bay Oaks.
At this time on Siesta Key there are 42 pending condominium transactions. The average priced listing under contract on Siesta Key is $439,952. Condominium sales on average are closing at 88.5% of their listed price. There are some nice deals on Siesta Key right now so give us a call at 941-650-4626 or visit www.siestakeycondominiums.com for details about each condominium property.
Florida Home Sales
October 27, 2009Homes sales in Florida increased by as much as 34 percent in October marking the 13th consecutive month with increased sales as measure in year-to-year comparison. There were 14,419 homes sold in September this year compared to 10,778 for the same period last year. The increase in condominium sales was even more dramatic. Statewide the sales of condominiums increased by 77 percent over September 2008 and nearly 9 percent over August of this year. Over 5,000 condo were sold in September compared to 2,870 in September of 2008. With so many good deals among foreclosures and short sales it is no surprise that sales are up. If you would like to register to receive daily updates about foreclosures in our area visit www.bankownedpropertydeals.com .
Ten Million Dollar Home in Sarasota
October 26, 2009Wondering what kind of home you can buy in Sarasota for $10,000,000? If so, you can click here to view a virtual tour a home that was just listed by another Sarasota broker. This waterfront home is located Lido Key’s prestigious Westway Drive.
Florida Median Home Price
October 26, 2009The median home price is Florida is currently $142,000. This time last year it was 19 percent higher at $174,900.
Hunsader Farms Pumpkin Festival
October 26, 2009My wife Opal and daughters attended the 18th Annual Hunsader Farms Pumpkin Festival this weekend. If you are looking for “Old Time American Fun” you need not look any further than the Pumpkin Festival. The annual festival has something for everyone in the family. You will enjoy circus acts, petting zoo, a giant corn field maze, magic shows, frog jumping contest, rock climbing wall, pumpkin canon, craft show, pioneer village, hayrides, live music, food and much more. Click here for more information about the festival.
German Real Estate Buyers
October 23, 2009We may soon see an increase in the number of real estate purchases from German buyers. The Ifo institute in Munich reports that a survey of 7,000 business executives indicates a rise the German business climate index which now stands at 91.9. The index, up from 91.3 is now at it’s highest since last September. The German government is predicting economic growth of 1.2 percent in 2010. With economies improving in Germany and our weak dollar we are sure to see more Germans in Florida this season.
Siesta Key Annual Rental, New Low Price
October 21, 2009We have a great rental on Siesta Key with a boat dock, private beach, two pools and a beach cabana. Close to restaurants and marina. At $780 per month this one bedroom condo is a great deal. Cable television and water utilities included. Tenant only pays electric. Available for immediate move in. If not rented soon the condo will be furnished and rented seasonly. Click here or call 941-650-4626 for details.
Foreclosures at Arielle on Palmer Ranch
October 20, 2009Right now the are two very nice deals on foreclosures at Arielle on Palmer Ranch. This is a very nice gated luxury condominium community. Click here to view the details about these bank owned properties. Visit our website www.palmerranchcondominiums.com/arielle for more information about the community or visit www.bankownedpropertydeals.com to get daily updates about other foreclosure as they come to market. If would rather try before you buy, we have a great rental opportunity at Arielle. It is a furnished three bedroom unit with lake view and two car garage available for $1,700 per month. Call 941-650-4626 for more information. Click here to view the rental.
Longboat Key Beach Renourishment
October 20, 2009The city of Longboat Key spent $1,000,000 for beach renourishment only to see much of the sand wash away. Currently The city plans to install four breakwater just off shore on the north end of the key to mitigate future errosion caused by wave action. With breakwaters inplace the beach will again be renourished.
Broadway Promenade
October 15, 2009There are so many great deals on vacation homes in Sarasota right now. You can buy a one bedroom in one of downtown’s newest condominiums, Broadway Promenade for only $129,000. This condo just came on the market and has stainless appliances, granite counter tops and all the conveinence of downtown living. Amenities at Broadway Promenade include concierge, pool, fitness center, secured parking and much more. Broadway Promenade has a commercial component with many boutiques and a Publix Grocery Store. This property, listed with another firm is the lowest priced condo at Broadway Promenade. It wont last long so give us a call at 941-650-4626. Click here to view details.
Longboat Key Club Expansion
October 14, 2009The Longboat Ke CLub in currently in the final stages of planning and approval of a proposed $400,000,000 expansion of the resort and club. The expansion will bring a new hotel additional resort amenities, condos and jobs and tourism to Longboat Key.
Mortage Rates Near Lowest
October 9, 2009The thirty year fixed-rate mortgages have dipped to nearly the lowest level on record. The fixed-rate is currently at 4.87 percent which is just above the record low of 4.82 percent. Similarly, the 15 year rates is now at 4.33 percent. Rates like these should encourage many to enter the market. International buyers should be intrigued by low prices, low rates and our weak dollar.
Sarasota Bank Owned Real Estate
October 9, 2009With prices in Sarasota on the rise again, time is running out to get the best deals on bank owned properties and foreclosures. If you are interested in getting a list of foreclosure property deals in Sarasota, Bradenton, or the Keys or Lakewood Ranch, visit www.bankownedpropertydeals.com and register. We are seeing an increase in interest among buyer and investors looking for properties since the The Today Show named Sarasota as the number one place in the country to buy real estate. Don’t miss out, there are still some great deals.
