February 2010

At your service...

Shayla Twit

Thursday, February 25th, 2010 at 10:30am. 50 Views, 0 Comments.

Are you thinking of purchasing or selling?  Or know someone who may be?  I am at your SERVICE....

* As we all move through the challenges of this market, I have become an expert in dealing with your short-sale and foreclosure  needs on either the purchasing or selling side.

* Have been selling real estate since 2001 and have a very supportive partner and staff.

* Am with a company that has been around for over 30 years and has an impeccable reputation in the community.

* Have experience in the insurance side of real estate, as I was licensed for a period of time with State Farm.

* Have a B.S. degree in Business Administration from UW-Stevens Point.

* Enjoy what I do and feel that it comes across in my high level of service and communications with my clients.

*…

January sales stats for Sarasota real estate market

Shayla Twit

Wednesday, February 17th, 2010 at 11:17am. 72 Views, 0 Comments.

Highlights for Sarasota's January sales stats for the area real estate market:
 
* January sales were up 58% from this time in 2009.
* And at over 800 properties Pending, this figure is the highest since Oct 2009.  Pending sales means that they have a fully-executed contract and are awaiting a closing.
* When we compare Jan '09 sales to Jan '10, Sarasota saw an increase of 187 transactions; a strong start to the new year!!
* Median sales prices in the Sarasota market dipped in Jan for both single family homes as well as condos.
* Median RSF closed at $156,250 [down from $160k] and condos closed at $165k [down from $189,900].
* These prices are due to the high percentage of short-sales and bank-owned sales.
* The increase in distressed sales rose 48% from Dec '09.
*…

Foreclosure update

Shayla Twit

Thursday, February 11th, 2010 at 8:57am. 53 Views, 0 Comments.

Sarasota area Foreclosure update:
* Manatee County foreclosures skyrocketed 150% !!
* Looks like the prediction of a new wave of foreclosures is coming to fruition for our area.
* Prices have come down and sales have been consistently UP.
* Sarasota County saw a decrease in the number of foreclosure filings, down 33% !!
* Charlotte County, one of the highest rates for our area, saw a 44% increase from a year ago.
* The cause?  The unemployment rate; now in the double-digits.
* Some economists predict our market to stabilize by 2012.
* In looking at the nation as a whole, Nevada appears to remain the highest foreclosure rating for the 37th straight month... more than 4 times the national average.
* Florida and California have nearly the same per capita filing rate;…

First-Time Homebuyer's Tax Credit.... and Info to Sellers

Shayla Twit

Wednesday, February 3rd, 2010 at 1:20pm. 49 Views, 0 Comments.

1 - Here is what you need to know about the tax-credit for first time BUYERS:
* Of course you must be a first-time buyer.
* The Home Buyers' tax credit calls for the home to be under contract no later than April 30, 2010.
* The closing MUST occur by June 30, 2010.
* You will receive a tax credit in the amount of $8000 when you file your tax returns.
* Also... interest rates are predicted to rise after the Fed ends its purchase of mortgage-backed securities on March 31st.
* Here is a great website to assist in answering any other detailed questions: http://www.federalhousingtaxcredit.com
 
 
2 - SELLERS:
If you are thinking of selling your property in the Sarasota or Manatee County areas, I would love the opportunity to assist you.  Here are just a few of the…

Sarasota Real Estate Market Update

Tuesday, February 2nd, 2010 at 8:16am. 51 Views, 1 Comments.

Here are the inventory, sales and pending sales figures for the last 3 years for Sarasota county ending December 2009. Inventories have declined nicely. Compared to 3 years ago inventory levels are down 42%, sales are up 84%, and lending sales are up a whopping 121%. Sarasota houses are selling and the number of options for buyers are dwindling. 

If we can help you buy or sell a home in Sarasota give us a call at 941.812.6272.