Archives June, 2012

Lakewood Ranch Real Estate – Greenbrook

Pictured: 6607 Chickadee Lane.

Where is Greenbrook? Located east of I-75 and accessible from University Parkway, north on Lorraine Road with communities east and west, or south of SR-70 accessible from Greenbrook Blvd, Greenbrook boasts convenience to a wealth of area amenities.

Lifestyle options are plentiful in condominiums and varying-size homes—available in both existing and new construction. Perfect for any taste, the prices in the community range from condominium residences offered at $70,000 to four and five-bedroom homes offered at $625,000—and all price points in between. The neighborhoods in Greenbrook are well planned and amble around a number of tranquil lakes with a natural old Florida backdrop. (more…)

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Sarasota Real Estate – Reverse Psychology

The mindset of anyone involved in buying or selling a property needs to readjust to the fast changing realities of the market.   Here’s why.

Once upon a time, not so very long ago, there were so many homes for sale in Southwest Florida, with so few buyers willing to commit that any offer—even very low ones—were actively encouraged in order to break the stalemate.  Sometimes these low offers were accepted, sometimes not, depending on the goals and motivation of the seller.  Still, it was the appropriate psychology for the times.   At the very least, “lowball” offers opened-up a dialogue between buyers and sellers that might not have happened otherwise; and frequently set the wheels of a successful transaction in motion. (more…)

Sarasota Fly From Home

Supporting our local Sarasota businesses!

This summer, simplify your travel plans by flying from home. When you fly out of SRQ Airport from May 1, 2012 through August 31, 2012 you have the chance to win a prize package of two-roundtrip tickets out of SRQ, and goodies from local businesses that will be sure to put a smile on your face.

Simply save 2 boarding passes from your trips through SRQ, send them in to SRQ Media Group by August 31, 2012.

Click on the image below for the full contest details and information on how to earn your chance to receive round trip airline tickets out of Sarasota.

 

*Contest Courtesy of SRQ Media Group

Sarasota Real Estate – Persistence Pays

 

The only consistency that U.S. stock markets have shown of late is consistent volatility, much of it stemming from the serious financial instability that continues to rock the Eurozone.  Thus, investors scouring for a safe place to grow their money over the long term might wish to consider real estate.

In his monthly update of the Return on Investment chart shown above, national real estate expert Steve Harney shows how the real estate market—even with its own volatility of the past several years factored-in—remains the better long term investment when compared with the major U.S. stock markets.

Using statistics culled from money.msn.com and the Case Shiller Housing Price Index, Harney’s chart compares the average return on investment for real estate compared to the Dow, S&P and NASDAQ for the period from January 2000 until June 1st, 2012.

For every dollar invested in real estate at the beginning of 2000 your return on investment would now be three times greater than the Dow; while your portfolio would have lost 8.3 cents on ever dollar invested in the S&P, and 30.3 cents on every dollar in the NASDAQ.

Property prices throughout Southwest Florida are as much as 40-50% below the artificially inflated levels to which they spiked during the boom.  That’s why so many buyers and investors in search of value and stability have recently driven property inventories in our region to their lowest level since July 2005, during the housing boom.   Still, our bottomed-out prices remain exceptionally low, even though they have been trending higher for the past few months.

In view of the diminished choice in properties, it may take longer to buy.   But as Harney’s chart shows, your persistence in finding and buying the right property will very likely pay-off over the long term.

Lakewood Ranch Real Estate – The Concession

Discover challenging golf and luxurious lifestyles in The Concession.

Unmatched and unique, rare and wonderful, The Concession presents its residents with an unparalleled golf course lifestyle framed by panoramic views and lush tropical landscaping. Named in the “Top 100 Courses in the U.S. 2009” by Golf Magazine, the 18-hole, par 72 golf course is located on the border of the beautiful Lakewood Ranch community in Bradenton, Florida. The 520 acres of ruggedly pristine property is graced with massive oak trees and Florida wildlife, as meticulous attention to detail is evident for the Old Florida feeling throughout the entire community. Few rooflines are visible from the golf course, and its core design bestows a natural and uninterrupted golf experience coupled with scenic water features and breathtaking vistas. (more…)

Michael Saunders & Company is pleased to welcome Fernando Pettineroli to the Punta Gorda office.

Fernando earned a law degree* from Universidad Nacional de Mar del Plata, Argentina, in 1993, as well as a post specialization in human rights at Leuven University.

As a Realtor, Fernando specializes in properties in the Punta Gorda, Boca Grande, Port Charlotte and Cape Coral areas, and works with property owners and investors throughout Southwest Florida. A blend of long international experience, strong negotiation skills and a background with technology allows Fernando to provide his clients with timely, well-informed solutions that define his style of doing business.

In 1994, Fernando was laureate with a Rotary Foundation Educational Award for promoting vocational study, leadership development and international understanding, and granted “Honorary Citizenship” of the State of Arizona by Governor Fife Symington. The City of Tucson Old Pueblo granted Fernando “Honorary Citizenship” by Mayor George Miller, also in 1994.

Fernando is fluent and negotiates in English, Spanish and Portuguese.

*not a member of The Florida Bar.

Saunders Luxury Sales report for June 16, 2012

Michael Saunders & Company is proud to announce several closings made possible through the professional representation of our agents, who work each day to fulfill the unique needs of homebuyers and sellers.  For the week ending June 16, 2012, the properties below sold for over $1 million.

Jackie Kennedy of Michael Saunders & Company represented the seller and Martha Pike of Michael Saunders & Company represented the buyer of a lovingly maintained home in Venice.  The beachside residence sold for $1,250,777 on June 6, 2012.

Maureen Horn of Michael Saunders & Company represented the buyer of a gorgeous Gulf-front beach house on Longboat Key.  It sold for $1,200,000 on June 6, 2012.  Coldwell Bank represented the seller.

 

 

 

 

Julia McClung, of Michael Saunders & Company represented the buyer of an exquisite waterfront residence on Longboat Key.  The home sold for $1,285,000 on June 8, 2012.  Sandra Lee Labarre Real Estate represented the seller.

Joan Dickinson & Beth Afflebach of Michael Saunders & Company represented the buyer of a luxury condominium at The Ritz-Carlton Tower Residences.  The unit sold for $1,150,000 on June 14, 2012.  Sarasota Bay Real Estate represented the seller.

 

 

 

Lorraine Neal of Michael Saunders & Company represented the seller and June Howell, also of Michael Saunders & Company, represented the buyer of a Key West style home in Sarasota.  The residence sold for $1,600,000 on June 14, 2012.

 

 

 

Jenifer Schwell of Michael Saunders & Company represented the seller of an exquisite home in Bay Isles on Longboat Key.  The property sold for $1,850,000 on June 15, 2012.  Club Realty represented the buyer.

Bradenton Real Estate – Glenn Lakes

Among the best in Bradenton real estate. Pictured: 5123 44th W St.

Located in desirable West Bradenton, Glenn Lakes and The Estates at Glenn Lakes feature 446 single-family residences, which encompass 271 acres of land and include 10 scenic lakes in six phases of development. Centex Homes began construction in 1995, offering 13 varieties of concrete block one- and two-story floor plans. The sixth and final phase, known as The Estates at Glenn Lakes for its unique, larger maintenance-free homes, was completed in 2001. (more…)

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Sarasota Real Estate – Market Snapshot

This chart depicts the combined inventory of properties for Sarasota, Manatee and Charlotte Counties over the past eight years, divided into six-month increments — beginning with the six months ending May 2004 and continuing through the six-month period ending May 2012

This chart depicts the combined inventory of properties for Sarasota, Manatee and Charlotte Counties over the past eight years, divided into six-month increments — beginning with the six months ending May 2004 and continuing through the six-month period ending May 2012

With the world’s financial markets reeling from the uncertainty surrounding the European debt crisis, it’s little wonder that investors big and small are opting for the relative security of America’s recovering property markets. The turbulence that defined the U.S. real estate market during the housing bubble and its aftermath has been largely, if not painfully, wrung-out. Thus, with prices slashed by as much as 50% from their 2005 peak, real estate offers the potential for an attractive return-on-investment when held for the long term and allowed the opportunity to appreciate.

Today’s well-capitalized investors — motivated by unusually strong demand for rentals, rising rents, and bottoming home prices — have joined traditional end-use buyers in driving inventories of available properties throughout Southwest Florida to their lowest levels since 2005. As of the end of last month, there was a 4.7-month supply of available properties throughout Sarasota, Manatee and Charlotte Counties — based on May’s rate of closed sales. That’s well below the 7-month supply indicative of a healthy, balanced market; and a strong indicator that ours is steadily transitioning from a buyer’s to a seller’s market. (more…)

Michael Saunders & Company is pleased to welcome Barbara Najmy to the South Longboat Key office.

A 40-year resident of the Sarasota area, Barbara brings an extensive professional background including real estate, marketing, and high-end retail and management.

Barbara joined Michael Saunders & Company in 2003 and quickly developed the ability to cultivate enduring relationships with her clients. With an affinity for exceptional service, attention to detail and artful negotiating skills, Barbara brokered some of the area’s top luxury sales and closed the highest single sale within the company’s Lakewood Ranch office in both 2007 and 2008. In 2009, she earned recognition as the top-producing agent within that office.

In 2010, Barbara transitioned her career to a position as the Director of Custom New Home Sales & Marketing for Paradise Homes of Sarasota. In this role, she engaged her comprehensive knowledge of the luxury real estate market within the region to ensure a smooth home-building experience for her clients.

In 2012, Barbara returned to Michael Saunders & Company and joined the Longboat Key South office, where she continues to provide her award-winning real estate services and intimate and comprehensive market knowledge throughout the Sarasota/Manatee area.

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