July 2021 Newsletter
Strong demand amid tight supply, helped along by record-low interest rates – it’s not clear at all to me that things are going to change significantly in the near future. Demand will be high for a while, and prices will keep rising for a while, because inventory is so low.
Personally, I am grateful to have been consistently getting new listings during this period of time when inventory remains so limited. The majority of these go under contract within days, so if you are looking for something in particular, call and let me know – I may have something coming that’s just perfect for you.
In a volatile real estate market such as this, local knowledge is critical for both sellers and buyers. You need an agent that understands the local area like the back of their hand, and not to brag, I do. After years of living and working on Longboat Key, for example, I can tell you everything you want to know about almost every community. It can make a big difference.
Please contact me if you’d like to talk more about what’s happening locally.
MARKET SUMMARY – SINGLE FAMILY HOMES – LONGBOAT KEY
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CONDOMINIUMS / TOWNHOMES – LONGBOAT KEY
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CONDOMINIUMS – DOWNTOWN SARASOTA
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Featured Listings
1BR/1BA * 643 SF * $625,000
Turney furnished junior suite at Inn on the Beach offering exceptional rental income potential.
1BR/1BA * 643 SF * $625,000
Turney furnished junior suite at Inn on the Beach offering exceptional rental income potential.
2BR/2BA * 1,468 SF * NOW PENDING! $999,999
Panoramic views of the Gulf, Bay, island and city from this 14th floor spacious residence.
Establising Florida Residency
If you are looking for a more desirable and less taxing place to call home, Longboat Key, Florida, is one of the best. In addition to great weather and world-class amenities, one of its most attractive characteristics is the lack of a state income tax. It easily makes its way as a top choice for those who are interested in establishing residency and saving on taxes.
Click here to read my latest blog to learn some basic actions you should take to avoid the pitfalls of a residency audit.
A Peak At What We’ve Sold This Year
One of the things my buyers always want to know is just what type of property might be right for them within the budget they have set aside. A great way to see very accurately what your dollar will buy on Longboat Key is by taking a closer look at the properties we’ve sold this year. Not only will you get a snapshot of the condition of the properties, but also their location on the island. Just click here and view all of our sold properties right on our website.
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The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. 2020 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logos are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.
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