November 2019 Newsletter Featured Image

Florida’s housing market experienced positive trends in 3Q 2019, with more closed sales according to the latest housing data released by Florida Realtors®. Florida’s business-friendly outlook continues to attract investment and growth, as well as new residents, which provide a strong foundation for the state’s housing market. The latest report from the state’s economists show that Florida’s annual private-sector job growth rate of 2.8% continues to outpace the national job growth rate of 1.6%.

According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 3.67% for 3Q 2019, significantly lower than the 4.57% average recorded during the same quarter a year earlier.

It all adds up to an excellent environment to list your property for sale – please call me if you are considering making a move.

Click links below for a specific summary of the local Markets:

MARKET SUMMARY – SINGLE FAMILY HOMES – LONGBOAT KEY

Click here for full report.

CONDOMINIUMS / TOWNHOMES – LONGBOAT KEY

Click here for full report.

CONDOMINIUMS – DOWNTOWN SARASOTA

Click here for full report.

On another note, I have been working on videos to help those of you who may not have a full understanding of some of our wonderful communities here in Sarasota. I live in Bird Key and so started with my own community – it’s a series of videos and information you can review right below. With so many choices, it’s important to find the community that best suits your lifestyle, activities and style. Whether buying or selling I welcome you to contact me. I bring over 39 years of experience in the real estate industry and a wealth of local community and market knowledge.

Bruce Myer

Bird Key also offers residents an unparalleled location – central to all the attractions that make Sarasota so sublime. Within minutes, you are in Downtown, St. Armands Circle, Lido Beach, or Longboat Key. Sporting deepwater canals, its own private yacht club, and spectacular bayfront homes, to call Bird Key a boater’s paradise is an understatement.

Click here to learn more about this exceptional community, watch my video series about Bird Key and contact me for a personal tour!

RE Development Report Graphic

Are you curious about the full scope of development in Sarasota? Twenty-three projects are under construction, 55 are in development! Click here to read the full report.

Tickets for the Sarasota Forks & Corks Food & Wine Festival, January 23-27th, are now on sale. The Grand Tasting on January 26th is the signature event welcoming 1,800 guests to the courtyard of the John & Mable Ringling Museum of Art courtyard, to sip international wines and sample local culinary creations sells out almost immediately and is a Sarasota favorite. Click here to get your tickets!