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  • The Neighborhood Report - Venice Island

    John Butzko 2:14 am on March 11, 2010 | Comments:0 Permalink | Reply
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    A stroll along the storefronts along Venice Avenue on Venice Island.

    People love to live on and visit downtown Venice—located on Venice Island—where they find a small town atmosphere with plenty to see and do. Here, there is an active center of town where you can stroll down Venice Avenue and enjoy the shops and outside cafes, just a breath away from beautiful area beaches. Convenience is key, as one can ride a bike or walk to most places of interest on Venice Island.

    Market Activity – Venice Island

    In the past 30 days, 17 properties sold and 58 have gone under contract on Venice Island, according to Venice office branch manager Kathy Wood. Recently, Venice office agents Jo-Anne Sckowska and Nell Taylor worked with a vacationing couple who wanted a condominium to use as a vacation place for now and eventually move into. All the properties that met their criteria were in different areas off the island, and Jo-Anne and Nell could tell the homebuyers weren’t very enthusiastic about them. So, the team suggested they view a listing across from the beach with a nice side Gulf view. This listing was a bit dated and needed updating, but was near where they were staying and convenient to all of downtown’s charms. As they walked in and looked out the window at the wonderful view, they were able to overlook the updating needs. They wrote a contract for cash on this island condominium and will go to closing very soon. (More …)

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  • The Neighborhood Report – Siesta Estates

    John Butzko 1:01 pm on February 25, 2010 | Comments:0 Permalink | Reply
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    Homes in Siesta Estates rarely go on the market. This one is currently listed by Harvey and Ethel Lovelace.

    Tucked away at the corner of Beach and Midnight Pass roads on Siesta Key is a private enclave of 16 homes in a private, gated community called Siesta Estates. The homes are newer, built since 1995, and the community offers privacy walls, lush tropical landscaping and underground utilities including natural gas. Although this community lives like a single-family community, it has yard and private pool maintenance included, which make it ideal for owners that travel or want to use the home part time.

    Market Activity – Siesta Estates

    Homes in Siesta Estates are a minimum of 2,000 square feet with the average being around 2,500 square feet. In June of 2009, the only remaining lot was put under contract by Mary Jo Violett and Kristina Rain with the Siesta Key office of Michael Saunders & Company. A new home is being built on that site. (More …)

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  • The Price is Right

    Michael Saunders & Company 11:11 am on February 18, 2010 | Comments:1 Permalink | Reply
    Tags: , , , interest rates, inventory, MLS, , ,

    Although it’s impossible to predict the bottom of our real estate market with anything other than months of perfect hindsight after the fact, who can blame home buyers in this economy for at least attempting to time it to their advantage?  In the best of times, saving big on one of life’s biggest purchases is as American as apple pie.  In troubled times, it’s a daily crusade.

    Yet, even if one could magically time bottoming home prices to the split second, you would still make a tactical mistake as a would-be borrower if you failed to notice a similar bottoming-out of mortgage interest rates.  Indeed, by allowing interest rates to climb while you wait for prices to fall, you can easily end up paying more for a property than if you actually bought it at today’s price while locked into today’s historically low interest rate.  That rate is presently hovering around 4.88%, give or take.

    Meanwhile, there’s scarcely an expert on the market who doesn’t fully believe that mortgage rates have but one way to go—up.   Rates have essentially been held as low as they’re likely to go for quite some time now in order to stimulate sales.   However, March 31st is expected to mark the beginning of a trend toward fewer stimuli and more tough love for the housing market—mainly in the form of higher interest rates.

    That day—the last of this year’s first fiscal quarter—is the deadline the Federal Reserve has given itself to begin scaling back on its widespread purchases of mortgage-backed securities.  Once this deadline has passed, most experts believe the Fed will begin in earnest to wean itself from propping-up a market that is already showing encouraging signs of sustaining itself through the lowest prices of a decade.

    (More …)

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  • The Neighborhood Report – Turtle Rock

    John Butzko 5:00 pm on February 10, 2010 | Comments:0 Permalink | Reply
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    Turtle Rock offers a variety of residential options to suit any taste.

    Turtle Rock is a gated residential community located in the heart of Palmer Ranch. The community is comprised of 751 properties, including single-family homes and maintenance-free villas set within a lovely background of serene beauty. Most of the homes enjoy views of the pristine lakes and natural preserves. Residents enjoy an assortment of great amenities, such as tennis, basketball, swimming, walking, biking and even canoeing. In Turtle Rock, you are just steps away from the ever-popular Legacy Trail, where you can bike, jog or rollerblade 11 miles to Venice. Whether you are an active adult, early retiree or have a young family, there is a home that is right for you. (More …)

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  • The Neighborhood Report – Village Green

    John Butzko 3:44 pm on January 26, 2010 | Comments:0 Permalink | Reply
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    Well-manicured fairways adorn Village Green's golf course.

    Village Green is a prime neighborhood in the city of Bradenton, Florida, with 1,001 residences consisting of 575 freestanding single-family homes and 426 villa condominiums. Many of the condominium sections include community swimming pools among their amenities, and winding paths and tranquil lakes highlight the beautiful, lush surrounds.

    Bounded on the north by 7th Avenue West, on the south by 29th Avenue West, on the east by 63rd Street West and on the west by 75th Street West, Village Green enjoys a convenient location close to area shopping and medical services. The sparkling waters of Palma Sola Bay are only three blocks away, and the beautiful beaches on the Gulf of Mexico are a short three-mile drive.

    Recent Sales Activity – Village Green

    In the last 60 days, there have been seven sales in Village Green, with an average sales price of $156,992. Of the seven residences sold, five were single-family homes and two were villa condominiums.

    Agent Kudos – Selling Village Green

    Bradenton office agents Kathy Valente and Ally Howell have recently sold a home in Village Green to customers from out of the area. According to Ally, “They buyers fell in love with the home due to the great condition and gorgeous greenbelt view.”

    7405 7th W Ave - This 3BR villa is available in Village Green. Listed by Kathy Valente.

    The buyers were familiar with Village Green since they have family in the area, so they searched for homes online, where they also located Kathy and Ally for assistance in finding the right property. The residence purchased was a two-bedroom villa condominium with a two-car garage and approximately 2,100 square feet and sold for $136,000.

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  • The Neighborhood Report – Plantation Golf & Country Club

    John Butzko 2:49 pm on January 5, 2010 | Comments:2 Permalink | Reply
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    Our Plantation office is ready to assist homebuyers and sellers throughout the area.

    Plantation Golf & Country Club in Venice was open for business with the completion of the Bobcat golf course in 1981. The Plantation added the second 18-hole Panther golf course in 1991 to complete the Ron Garl-designed 36 holes of championship golf. The courses feature two distinctively different layouts, providing challenging play and a rewarding golf experience at every level.

    The Plantation community consists of 1,300 acres and is approaching its build-out plan of 2,800 homes. Club membership is not restricted to residents of the community. Plantation offers a friendly yet refined atmosphere of comfortable elegance and first-class amenities, which include 13 Har-Tru lighted tennis courts, a heated junior-Olympic size swimming pool, a spa, a state-of-the-art fitness center, and a grand clubhouse with the ambiance and charm of “Old Florida.” Plantation was voted “Best Private Country Club,” “Best Banquet Facilities” and “Best Tennis Facilities” by the Herald Tribune’s Reader’s Choice Awards. Plantation Golf & Country Club is very proud to have been selected to host the LPGA Annual Tour Qualifying School since 1987, one of only two qualifying schools in the nation. And, the Bobcat and Panther courses are included in the Golf Digest’s Places to Play Directory. (More …)

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  • The Neighborhood Report – Siesta Key – Bay Island

    John Butzko 3:45 pm on December 1, 2009 | Comments:0 Permalink | Reply
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    Homes on Bay Island offer stunning views over sparkling bay waters.

    Many homes on Bay Island offer stunning views over sparkling bay waters.

    The gateway to Siesta Key, Bay Island is itself an island located on the key’s coveted northern end. Dissected by Siesta Drive, the waterfront homes of the north have views of Sarasota Bay, Bird Key and the striking Sarasota skyline. Bay Island is home to the three-acre Bay Island Park, a beautiful place to relax or throw out a fishing line enveloped by gorgeous vistas. As local area specialists, the agents of our Siesta Key office bring a wealth of Bay Island community experience and market knowledge to help homebuyers and sellers.

    Bay Island – A Closer Look

    The waterfront homes on the south side of Bay Island overlook Roberts Bay, Big and Little Edwards Islands and her rookeries. Both bodies of water, as well as the canals, offer quick access to the Gulf of Mexico using Big Pass. (More …)

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  • The Neighborhood Report – Stoneybrook in Palmer Ranch

    John Butzko 3:40 pm on November 24, 2009 | Comments:1 Permalink | Reply
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    The villas in Stoneybrook offer a unique lifestyle surrounded by lush landscaping.

    The villas in Stoneybrook offer a unique lifestyle surrounded by lush landscaping.

    Palmer Ranch is brimming with beautiful neighborhoods and lifestyle options offering the best in country club living and resort-style amenities. Designed around a gorgeous 18-hole golf course, Stoneybrook Golf & Country Club is a gated community of over 850 single-family homes, attached villas and maintenance-free condominiums enveloped by well-manicured landscaping and grounds.

    As specialists in Palmer Ranch properties, the agents of our Palmer Ranch office provide the most in-depth market experience in the area. Palmer Ranch office manager Darla Furst keeps a close watch on the market throughout Sarasota, where she notices strong activity in the Stoneybrook community, which currently has 56 active listings. Of these available properties, 10 are single-family homes and the rest are balanced between condominiums and villas. (More …)

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  • Neighborhood Report – Venice Stories of Success

    John Butzko 3:12 pm on October 20, 2009 | Comments:1 Permalink | Reply
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    Venice Beach is just one of the area's many wonderful charms. Photo courtesy of coastalliving.com.

    Venice Beach is just one of the area's many wonderful charms. Photo courtesy of coastalliving.com.

    Venice office branch manager Kathy Wood enthusiastically reports a strong market in the Venice area; and she’s right to be excited. According to the Florida Regional Venice MLS, sales of single-family homes in August rose 49.12 percent compared to August of 2008, and condominiums sales for the month of August rose 40 percent compared to August of 2008. 

    Just how important is it to know your market?

    As one of our Venice agents recently learned, it is very important to be familiar with the market you serve. You will hear the same response from any number of Michael Saunders & Company agents, in any number of our offices, because they are all consummate professionals who have made it their business to know their area of expertise. They make a point to actually see the inventory on caravans each week, prepare comparative market analyses (CMA) for potential listings, and familiarize themselves with the surrounding area. (More …)

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  • The Neighborhood Report - Englewood Areas

    John Butzko 2:45 pm on October 6, 2009 | Comments:0 Permalink | Reply
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    The Englewood area offers an assortment of lifestyle options. From soaring condominium residences to quaint beach cottages, there is something to suit every taste.

    The Englewood area offers an assortment of lifestyle options. From soaring condominium residences to quaint beach cottages, there is something to suit every taste.

    The old adage “location, location, location” is an apt description of the undiscovered Englewood, Placida, Punta Gorda area. It is a Mecca for water lovers; from world-class fishing and boating to its uncrowded beaches, there is always a water sport or recreational activity to enjoy. This area is perfect for those who want a quiet and laidback lifestyle, but also want to be within proximity to fine dining, cultural activities and night life, as downtown Sarasota offers many amenities and is an easy drive.
     
    Market Update

    Barbara Saputo, branch manager of Michael Saunders & Company’s Englewood office, reports a significant increase in property showings in the last few weeks for listings priced according to current conditions. Those that are priced to the market are going to get shown, from the high-end, beachfront condominiums to the moderately priced single-family homes. Buyers will also find new construction properties throughout the area—of particular interest are the single-family units in Pennington Place and paired villas in Stillwater. Both neighborhoods are conveniently located, gated, and offer a host of community amenities. (More …)

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