Archives February, 2012

Sarasota Real Estate – Owning the Luxury Space

If you follow real estate trends in Sarasota County you know that our market is finally enjoying a comeback after more than five years of lackluster sales.  It took several quarters of falling home prices and declining interest rates—combined with recent improvements in the economy, labor market, our northern “feeder” markets and consumer confidence—to establish the sustained momentum we’re now experiencing.

Nothing illustrates the expanding breadth of our comeback quite as dramatically as the increase in luxury home sales during 2011.  While unit sales throughout all price ranges was up by a respectable 7% over 2010, it was up by nearly 17 % for properties priced above $1 million. (Source:  Trendgraphix®).   Improvement is attributed to prices that have been generally reduced to 2001/2002 levels; or, put another way, that make it seem as though the “boom” never happened.

As in years past, the agents from Michael Saunders & Company continued to maintain a vastly oversized influence on the region’s luxury market in 2011.  Accounting for 38.4% of sold dollar volume of homes above $1 million, they amassed nearly twice as much market share as their next closest competitor.  (Source:  Trendgraphix®)

If 2012 is your year to sell, the info-graphic above depicts another critical reason to choose an agent from Michael Saunders & Company.  Long steeped in the complex intricacies of selling the luxury space, they found buyers for more closed transactions over $1 million in Sarasota County than all four of their closest major competitors combined; thus empowering the sellers to move on with their lives and pursue similar low-priced buying opportunities.

Michael Saunders & Company is pleased to welcome Kathy Carpenter to the Lakewood Ranch office.

Kathy joins Michael Saunders & Company after six years of working with a prominent south New Jersey real estate firm, where she was an NJAR Circle of Excellence award recipient. A graduate of the Katherine Gibbs Business School, Kathy’s other career skills as an executive assistant are among her professional attributes, as well as her rewarding career experience in the fitness industry. Kathy is dedicated to continuing her successful career here in the Sarasota/Manatee County region.

Kathy will be working alongside and as a participant in the well-established “Drourr Team” of Michael Saunders & Company’s Lakewood Ranch division. This team specializes in the Lakewood Ranch area and, in particular, the Waterlefe community, where the group’s association as “Howie’s Homes” is well-recognized and highly successful.

Punta Gorda Real Estate – Pirate Harbor

Find a unique range of home styles and opportunities in Pirate Harbor. Pictured: 24217 Treasure Island Blvd.

Situated on the banks of Charlotte Harbor is Punta Gorda’s best-kept secret, Pirate Harbor. Pirate Harbor is a quiet eclectic waterfront community with charms not seen or experienced anywhere else in Charlotte County. Amenities such as fine dining, excellent golf courses and shopping are all nearby. But the real charm of Pirate Harbor is nature. Whether it just relaxing on your lanai watching the tropical wildlife or sitting on your dock enjoying sunsets, you will become immersed in the peaceful natural beauty found in this unique enclave. (more…)

Sarasota Real Estate – Neighborhood Snapshots: Harbor Acres & Cherokee Park

Harbor Acres: 1204 Hillview Dr. Sarasota, FL

Harbor Acres: 1204 Hillview Dr. Sarasota, FL

A first-time visitor to the “West of Trail” neighborhoods of Harbor Acres and Cherokee Park will be immediately impressed by two things.

First, these are obviously exceptional neighborhoods; filled as they are with immaculately-maintained and manicured waterfront estates of every size, shape and architectural style. Though each home makes its own individual statement, most have in common beautifully landscaped streets, magnificent water and city views, backyards that lead to private boat docks; and close proximity to downtown Sarasota—with all its cultural and culinary attractions. Even the homes that don’t directly face Sarasota Bay (or a boat-able inlet) boast the beauty of their vintage neighborhoods, closeness to the restaurant and retail pleasures of the Hillview District; and the walk-able lifestyle of one of Florida’s most walk-able cities.

Secondly, the flurry of new construction and renovations taking place in these classic neighborhoods not only makes it clear that the upper end of our market is finally in the beginnings of a sustained recovery, but also telegraphs that these classic, close-to-downtown enclaves will always be home to some of Sarasota’s most sought-after real estate.

This wasn’t always the case. In its pre-development days, Cherokee Park was thought too far removed from downtown Sarasota to invite serious buyer attention; and Harbor Acres was considered an uninhabitable jungle tract better suited to mosquitoes than people. (more…)

Sarasota Real Estate – The Oaks Club Neighborhood Video

A jewel on Florida’s peaceful Sun Coast close to downtown Sarasota, The Oaks Club is the embodiment of beauty and vitality. This private, member-owned country club offers the finest of amenities. The most attractive feature of The Oaks Club, however, is its celebrated social calendar and community life. Members come from all over the United States and throughout the world to reside in one of three gated communities. This diverse Club is ideal for those seeking the finest location, an enviable lifestyle, and exceptional, sustainable value.

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