Sarasota Florida, Beaches, Parks, Points of Interest and Yes, Real Estate Info too

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Sarasota, Florida is located on the Gulf of Mexico. Sarasota has some of the most beautiful beaches in the world. Siesta Key the #1 Beach in the USA! Longboat Key, Lido Key, and Casey Key Just to name a few. Sarasota is truly a beachgoers and Boaters Paradise. Whatever type of water sports you like – Sailing, power boating, jet skis, kayaking or paddle boarding You can enjoy them on the Bay or in the Gulf.

9 Packing Tips to Boost Your Odds of a Smooth Move

By Jonas Bordo, CEO and co-founder of Dwellsy

It’s true that packing for a move usually isn’t a complex process, but if you want your move to go as smoothly as possible (and your belongings to survive intact), there’s a little more to packing than simply loading your stuff
into boxes and hoping for
the best.

Here are some packing best practices:

  1. Declutter. Do this well before the big day! If you have any belongings you don t need or want anymore, now’s the time to set them aside, donate them or dispose of them. This isn’t a task you’ll want to deal with when you’re in the throes of moving.
  2. Assemble your packing materials. You also don’t want to realize you’ve run out of boxes or tape midway through packing up your kitchen. In addition to boxes, make sure you have packing tape, bubble wrap, packing paper, foam peanuts, newspapers or other materials handy.
  3. Pack one room at a time. Not only is this more time efficient, but it will also make the process of unpacking much easier.
  4. Allow enough time for disassembly. Remember that you’ll have to unhook electrical appliances, take nails out of the walls and remove lightbulbs from lamps. You may also need to disassemble large pieces of furniture, like your bed frame or bookshelves.
  5. Consider leaving clothing in drawers and on hangers. If your dresser drawers are full of non-breakable clothing, why not leave these items where they are? Secure the drawers in place with tape or straps so that they don t slide open or fall out in transit. You can also leave clothing on hangers.
  6. Label everything. Playing the “what’s in which box” game is not how you want to spend your first few days in your new home. Label each box in detail as you pack it. For example, don’t just write “Kitchen.” Write “Kitchen: toaster, tea kettle, spatulas, immersion blender and oven mitts.”
  7. Save the essentials until last. These are items you’ll want to use while moving out and moving in, as well as belongings you don’t want to take any chances with.
  8. Make sure to rent the right size truck. It’s easy to underestimate how much space your belongings will take up, so if you’re renting a truck or trailer, err on the side of “too big.” This is especially important if you’re moving
    a long distance.
  9. And don’t forget to include appropriate equipment. Plan to use moving blankets or furniture pads to protect non-boxed items and straps to secure large items so they won’t shift in transit. Don’t forget items like hand trucks, dollies and ramps.

Jonas Bordo is the co-author, along with Hannah Hildebolt, of the book “Everything You Need to Know About Renting But Didn’t Know to Ask: All the Insider Dirt to Help You Get the Best Deal and Avoid Disaster.”

This Article is curtesy of Florida Realtors

4 Factors Other Than Money for Sellers to Consider When Picking an Offer

Your bottom line shouldn’t be your only consideration when selling your home. Keep these four factors in mind as well:

FINANCING: Are you looking for an all-cash offer or for a buyer who intends to get a mortgage? There are pros and cons to both.

EARNEST MONEY: The bigger this “good-faith” deposit is, the more likely the offer is coming from a serious buyer.

CONTINGENCIES: Fewer contingencies mean fewer risks of the deal falling through.

CLOSING TIMELINE: Moving is a lot of work and can take a good deal of time, so it’s important to choose an offer with a closing date that suits your needs.

Source: Realtor.com
Courtesy of Florida Realtors Magazine

Perspective on recent shifts in local real estate market

by Peter Crowley, President of RE/MAX Alliance Group

Peter Crowley, President RE/MAX Alliance Group
Peter Crowley, President RE/MAX Alliance Group

If you only paid attention to news headlines, you would be convinced that the real estate market is in a free fall. Citing sensational statistics like “Pending home sales crash 30%” or “Record number of price reductions” may lead one to think that home prices are falling and the pendulum has shifted into the hands of buyers. Not so fast …

It’s important to put these statistics into some perspective to understand what is really happening in our local real estate market throughout Southwest Florida (and most of the United States).

The onset of the pandemic ushered in an unanticipated boom for the real estate market throughout the country and magnified even more throughout Southwest Florida. Once the initial shock of lockdowns and a brief economic scare subsided, the stage was set for booming demand in our local market. An almost overnight shift in demographic trends with work from home options and accelerated retirement decisions created a surge in demand for Southwest Florida real estate.

Furthermore, in an effort to boost the economy, the Federal Reserve’s monetary policy contributed to record low interest rates which added buying power to this influx of buyers. The ensuing imbalance of supply and demand for homes and condominiums led to a strong seller’s market with larger than normal increases in the median price of real estate.

Fast forward to today and the real estate market has undoubtedly changed – spurred mostly by the increase in interest rates related to the inflationary environment that we are experiencing still today. This is where some perspective is important.

The most frequent measure of real estate activity is either month to month comparisons or year over year comparisons. If you accept that 2021 was the best real estate market that our local area (and most of the country) has ever experienced, it stands to reason that as the market starts to adjust back to normal, we will see some sizable percentage changes when comparing today’s activity to last year. These significant changes create eye-catching headlines – “Time on market is up 120%”. That seems like a meaningful jump, but when you consider that homes were on the market for an average of 10-14 days and now it is closer to 30-40 days, the change does not seem that outrageous. In fact, this time on market is still far below what is considered normal.

Most real estate professionals will agree that the last “normal” real estate market was in 2019, before the onset of the pandemic. If we start to frame comparisons based on the level of activity in 2019, things seem a bit less dramatic, and in fact, show that even with our recent market shift, we are still well ahead of 2019 activity.

With the abrupt change in interest rates from below 3% to around 5%, it felt as though the spigot was turning off. The frantic pace of activity with 20+ offers on an available property seemed to evaporate overnight. While closed sales have fallen in the neighborhood of 20% relative to 2021 (the most active real estate market on record), when compared to 2019, we are in fact almost 20% ahead of the level of “normal” activity from that time period.

Furthermore, in spite of the recent cooling of demand, we are still quite out of balance with supply and demand, which is why prices are not expected to go down, but rather moderate from 20-30% record appreciation, to a moderated level of appreciation. Gone are the days that a seller can name whatever price they want to sell with only the most favorable terms. Hence, price reductions are at record levels where sellers are coming back to the reality that a home must be competitively priced in order to sell.

While the absorption of listings has definitely slowed, which leads to an overall increase in listings, our local market is still experiencing a limited supply of listings. Our current level of listings is over 50% less than the number of listings in 2019. While we anticipate listings to continue to increase, there is a long way to go to reach a “balanced” market.

The level of activity and price appreciation the past few years was an anomaly created by a perfect storm of economic and demographic conditions. A return back to “normal” is healthy for our overall real estate market. Pundits seem to be clamoring for a crash like we experienced during the housing crisis of the Great Recession. Fortunately, the foundation of our local housing market is on much stronger footing with close to 50% of sales being paid in cash. The remaining financed buyers are doing so with stringent underwriting guidelines and significantly more down payments (“skin in the game”).

The country is experiencing a record level of equity in their homes and as a result, the anticipated flood of foreclosures has not materialized. With builders still struggling with supply chain challenges and increased prices, they are reluctant to grow their inventory of new homes. All of these factors will continue to limit the supply of available homes for sale and continue the imbalance between supply and demand for the near term.

Presented by
Larry Brzostek, CRS, CLHMS
Broker Associate
RE/MAX Alliance Group
Call or Text: 941-993-3125
Web: LarrySellsSarasota.com

414 N Lime Ave, Sarasota, FL

Investment Opportunity

  • 414 N Lime Ave
  • 414 N Lime Ave, Sarasota 1.91 Acres
  • 414 N Lime Ave
Aerial Views of 414 Lime Ave

MLS# A4523552 | Offered @ $3,250,000 | 1.91 acres (83,220 Sq Ft) of land just east of downtown Sarasota – Downtown Edge Zoning (DTE), approved for 47 residential units with commercial on the ground level. Located only 1 block north of Fruitville Road this land has frontage on 3 streets – Lime, Aspinwall, & Shade.

For more info Call or Text Larry @ 941-993-3125

Larry Brzostek, CRS, CLHMS, Broker Associate
RE/MAX Alliance Group, Sarasota FL

Silver Oak on Palmer Ranch

Decorative Image
Silver Oak on Palmer Ranch

Located on 117 acres of preserves and lakes, Silver Oak on Palmer Ranch is a gated community just off Central Sarasota Parkway.

This community has over 270 Luxury Single Family Homes in three sections – The Estates, The Vineyards, and the Enclave.

Shopping:
Sarasota Square Mall with Costco
The Plaza at Palmer Ranch with Publix and Target
Lowes.

Recreation:
The Legacy Trail for walking, running and biking. Also close to Potter Park and the YMCA.

Golf:
TPC Prestancia is a private golf club with two 18 hole golf courses located at 4409 TCP Drive, West of I-75 in Sarasota. Amenities include a Mediterranean Clubhouse, this club is a member of the TPC network.

Siesta Key is just several miles away North on Tamiami Trail with Siesta Beach and Siesta Village for shopping and dining.

View Homes in Silver Oak

Map is powered by OODLE and shows the location of Silver Oak on Palmer Ranch

Have a Great Day!
Larry

As always, for all your Real Estate needs, Call or Text Larry @ 941-993-3125
or
Go to Larry’s RE/MAX Site and search all you like LarrySellsSarasota.com

The Legacy Trail

  • Legacy Trail
  • Palmer Ranch Station on Legacy Trail
  • The Legacy Trail

The Legacy Trail is Now Open from Sawyer Loop all the way to Venice!

Whether you are a walker, runner, bicycler or dog walker the trail is a great place to enjoy nature.

Another leg of the Trail is also open from Proctor Road to Bahia Vista

Pets on a leash are permitted on the Legacy Trail

For more info and updates: The Legacy Trail

Have a Great Day!
Larry and Ann

As always, for all your Real Estate needs, call or text Larry @ 941-993-3125
or
Go to Larry’s RE/MAX Site and search all you like LarrySellsSarasota.com

Thinking of Moving to Sarasota, FL – Check out our Ratings!

Florida Map
Florida Map

Florida 2021

US News and World Report ranks Florida #1 in Higher Education

Florida is again rated as the 2nd BEST State for Businesses since 2013 by Chief Executive!
View the details

Rated as #1 Best State to Retire in Wallethub

Rated as the 3rd Best State for Military Retirees by Wallethub

Sarasota

US News and World Report – Sarasota Memorial Hospital received a Perfect 10 for Surgical Procedures and Chronic Contidtions 

US News and World Report rankings for Sarasota, Florida 

  #16 in Best Places to Live

  #1 in Best Places to Retire

  #2 in Best Places to Live in Florida

  #4 in Fastest-Growing Places

  #21 in Best Places to Live for Quality of Life

Have a Great Day!
Larry and Ann

As always, for all your Real Estate needs, call or text Larry @ 941-993-3125
or
Go to Larry’s RE/MAX Site and search all you like LarrySellsSarasota.com

Sarasota Real Estate Market Update for June 2021

Sarasota Real Estate Market Update
Sarasota Real Estate Market Update

At RE/MAX we know the market.
Welcome to June’s market update.

Let’s take a look at residential real estate activity in your area during the month of May.

The number of active listings was down 76 percent from one year earlier and down 19 percent from the previous month.

This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from.

As you can see the median listing price for the month was just over $530,000.

Compared to last year the average number of days units spent on the market before being sold was down 77 percent.

This lower number of days may signal a positive trend in the local inventory turnover rate.

The median sale price was just under $407,000 thousand dollars.

The number of units sold increased 72 percent year over year and decreased 8 percent month over month.

Higher year over year figures indicate that more buyers have been finding what they’re looking for.

Thanks for watching we hope you found this video helpful as you gather more information to make smart informed real estate decisions if you’d like more information or assistance please Call or Text me @ 941-993-3125

Larry Brzostek Broker/Associate
Information courtesy of RE/MAX Alliance Group – Sarasota, FL

Home Selling – It’s a Seller’s Market

It’s a Seller’s Market

Source: Courtesy of Breakthrough Broker

Home Selling - It's a Sellers Market
Home Selling – It’s a Sellers Market

It’s a Seller’s Market

If you’ve been thinking about selling your home,
Now’s the perfect time.
Here’s why:
1 Mortgage Rates are Low:
When rates are low, more buyers enter the market.
2 Houses are Selling Fast!
Buyers must move fast which means fewer contingencies.
3 Low Inventory:
Fewer houses on the market = more buyer competition = better price for your home!

Interested in Selling your Home?
Let’s Chat – Call or Text 941.993.3125

Have a Great Day!
Larry

As always, for all your Real Estate needs, call or text Larry @ 941-993-3125
or
Go to Larry’s RE/MAX Site and search all you like LarrySellsSarasota.com

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