You know that children's cartoon when the little boy walks around with the black cloud raining on his head no matter what he does? Well, it seems Sarasota is walking around with just the opposite - as a matter of fact, the sun is shining pretty brightly on Sarasota.
In a recent accounting of the numbers showing existing home sales in all major Florida Metropolitan areas over the last 6 months, the results were bleak. Existing home sales are down 40-50% across the state when compared to last year. With one SHINING exception.
Sarasota was the only metro area in Florida to report net home sales have RISEN this year over last. That's right - we are up 10-15%, the only area in the state that can claim positive numbers. While the eternal pessimists will say that it is a fluke, or a cosmic mistake that will reverse ...I disagree. A recent article professed my assertion that the Buyers were creeping back. Tentatively, carefully...even gleefully when they realize the Sarasota real estate bargains to be had. And regardless of what the media is trumpeting, that its a bad time to buy, I simply refuse to believe that long term real estate investment, especially in a thriving area, is a bad thing. Ever.
Why the pocket of sunshine over Sarasota? Perhaps the answer can be found in our accolades - Top schools, the best place for entrepreneurs, one of the top places to live...Sarasota continues to offer Buyers good value, gorgeous locales, family amenities, ample opportunity and one of the most active community calendars I have ever seen. People know its a great time to move here, and they are doing just that.
No rain cloud here. Not by a long shot. Regina Brassil, REALTOR all opinions posted are solely those of the author.
Friday, July 27, 2007
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