Financial analysis firm 24/7 Wall St. has identified the housing markets expected to offer some of the biggest discounts for home buyers. Many of these markets have been plagued with large gluts of foreclosures that have dragged down prices. In fact, six of the 10 markets on the list have had median home prices fall to less than half what they were five years ago, according to 24/7 Wall St.
Read the article: http://ping.fm/JPXol
Monday, November 21, 2011
Wednesday, November 16, 2011
SRQ Real Estate Continues Pace
The Sarasota Association of Realtors is reporting Sarasota real estate market for October outpaced last year.
Property sales for October 2011 in the Sarasota real estate market outpaced last October, with 577 this year compared to only 487 at the same time last year. This represents an 18.4 percent increase, and could be a harbinger for a busy season.
There was also a small increase in transactions compared to September 2011, when 570 sales were recorded. Overall, sales in 2011 are on pace to exceed last year, a remarkable fact considering that 2010 sales were at the highest level since 2005.
The inventory of available properties for sale in Sarasota, after dropping precipitously over the course of 2011, was again up slightly in October to 4,525 from last month's 4,430 level. The inventory sunk to a 10-year low of 4,408 in August 2011.
The October 2011 median sale price for single family homes dropped to $149,838 from last month's figure of $165,000. But the amount was higher than last October, when it was $147,500. The condo figure has been fluctuating for several months, and rose slightly in October 2011 to $143,000 from last month's figure of $140,000. Last year at this time, the figure stood at $158,525. The year-to-date median sale price was $155,000 for single family homes and $162,000 for condos. These figures have remained remarkably steady for the past year, indicating a more stable market.
Read the entire report here.
Property sales for October 2011 in the Sarasota real estate market outpaced last October, with 577 this year compared to only 487 at the same time last year. This represents an 18.4 percent increase, and could be a harbinger for a busy season.
There was also a small increase in transactions compared to September 2011, when 570 sales were recorded. Overall, sales in 2011 are on pace to exceed last year, a remarkable fact considering that 2010 sales were at the highest level since 2005.
The inventory of available properties for sale in Sarasota, after dropping precipitously over the course of 2011, was again up slightly in October to 4,525 from last month's 4,430 level. The inventory sunk to a 10-year low of 4,408 in August 2011.
The October 2011 median sale price for single family homes dropped to $149,838 from last month's figure of $165,000. But the amount was higher than last October, when it was $147,500. The condo figure has been fluctuating for several months, and rose slightly in October 2011 to $143,000 from last month's figure of $140,000. Last year at this time, the figure stood at $158,525. The year-to-date median sale price was $155,000 for single family homes and $162,000 for condos. These figures have remained remarkably steady for the past year, indicating a more stable market.
Read the entire report here.
Friday, November 11, 2011
Cine-World International Film Festival
Sarasota Film Society kicks off it's 2011 Cine-World International Film Festival today. The festival runs today through November 20th at Burns Court Cinemas in downtown Sarasota. This year marks the 22nd annual event of the festival. The Sarasota Film Society continues their tradition in exhibiting the best in world cinema with a wide range of films from all over the world, including movies from the USA, Denmark, South Korea, France, Romania, Italy, Israel, Germany, Finland, Belgium, Sweden, Canada, Venezuela, Guatemala, Russia, and more. All passes and films can be purchased online at www.filmsociety.org or at the theater box office. Call 941.364.8662 for ticket information.
Wednesday, November 9, 2011
Updated Sarasota Home on over 1 acre with room for your RV
Lush tropical landscaping turns this home into hidden family compound with waterfall in pool to private RV parking in the rear.
Take a look at the property photos and virtual tour on my website www.greghudsonhomes.com for this beautifully appointed and updated contemporary home on over 1 acre in Hidden Forest. New kitchen, pool, lanai and exotic outdoor lighting that brings this 3,800 sq ft home to life. Oversized garage, outdoor kitchen, hot tub, bonus room, ideal outdoor entertaining areas, RV parking area with electric hookup. Hidden Forest is a quiet community tucked away in its own private paradise. New price of $599,000 is a great value.
Lush tropical landscaping turns this home into hidden family compound with waterfall in pool to private RV parking in the rear.
Take a look at the property photos and virtual tour on my website www.greghudsonhomes.com for this beautifully appointed and updated contemporary home on over 1 acre in Hidden Forest. New kitchen, pool, lanai and exotic outdoor lighting that brings this 3,800 sq ft home to life. Oversized garage, outdoor kitchen, hot tub, bonus room, ideal outdoor entertaining areas, RV parking area with electric hookup. Hidden Forest is a quiet community tucked away in its own private paradise. New price of $599,000 is a great value.
Sunday, November 6, 2011
Just Sold in The Oaks, Osprey Florida
The Greg Hudson Group has just sold 119 Osprey Point Road in the premier country club of The Oaks. It is a beautifully updated custom home with fantastic views: lake, fountain, reflection pool. Luxury throughout with intricate detailing, custom features, open spacious foyer graced with attractive stairwell & balcony. Highlights: completely updated kitchen with brand new granite & stainless steel appliances; updated baths; new carpet; fresh paint; marble & wood floors; 2 fireplaces; 3 master suites; Office/Library; and entertaining areas. New Electric Hurricane Shutters. Sold $1,010,000. For a list of other fine homes currently for sale in The Oaks, please call Greg Hudson 941.302.1485
The Greg Hudson Group has just sold 119 Osprey Point Road in the premier country club of The Oaks. It is a beautifully updated custom home with fantastic views: lake, fountain, reflection pool. Luxury throughout with intricate detailing, custom features, open spacious foyer graced with attractive stairwell & balcony. Highlights: completely updated kitchen with brand new granite & stainless steel appliances; updated baths; new carpet; fresh paint; marble & wood floors; 2 fireplaces; 3 master suites; Office/Library; and entertaining areas. New Electric Hurricane Shutters. Sold $1,010,000. For a list of other fine homes currently for sale in The Oaks, please call Greg Hudson 941.302.1485
Friday, November 4, 2011
Main Street at Lakewood Ranch Concert Series
"Music on Main" Come join the fun and see "Melanie Massell & Hot Item" this Friday, November 4th at 6pm on Main Street in Lakewood Ranch. It's Pop, Rock, Disco, Blues, Motown, Oldies & Country benefitting "Dreams are Free". Bring your chairs and enjoy the music while helping local organizations benefit from beer, wine and food purchases. It's fun for the whole family. You may even bring your dog (welcome on a short leash). Concerts are free to the public and held on the first Friday of each month from 6 to 9 p.m. "Music on Main" is a popular event so for easy parking try to arrive a little early. Overflow parking is available at the Lakewood Ranch Medical Center.
"Music on Main" Come join the fun and see "Melanie Massell & Hot Item" this Friday, November 4th at 6pm on Main Street in Lakewood Ranch. It's Pop, Rock, Disco, Blues, Motown, Oldies & Country benefitting "Dreams are Free". Bring your chairs and enjoy the music while helping local organizations benefit from beer, wine and food purchases. It's fun for the whole family. You may even bring your dog (welcome on a short leash). Concerts are free to the public and held on the first Friday of each month from 6 to 9 p.m. "Music on Main" is a popular event so for easy parking try to arrive a little early. Overflow parking is available at the Lakewood Ranch Medical Center.
Wednesday, November 2, 2011
Siesta Key Condo with Seller Financing
PEPPERTREE BAY Wonderfully located on Siesta Key within walking distance to shopping, dining, and world famous Siesta Key Beach. This 2 Bedroom "turnkey" furnished condominium has been well maintained and is ready for immediate occupancy. Updates include new carpet and beautiful wood floors. Partial Gulf of Mexico views are captured from the front as the unit faces west. The 2nd bedroom area has City and Bay Views. Community has a dock, tennis, swimming pool and is just steps to the crystal white sand of Siesta beach. Seller will consider owner-financing or a lease-purchase with an acceptable offer. See the virtual tour on my website www.GregHudsonHomes.com of 1255 E. Peppertree Drive 503, Sarasota FL 34242. Offered for $315,000.
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