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Old 03-13-2019, 03:25 PM
 
2,245 posts, read 708,253 times
Reputation: 1448

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Quote:
Originally Posted by djsuperfly View Post
A) The article says nothing about home prices. We've seen modest growth to leveling off recently. Nothing "explosive."

B) Not sure people buying in a neighborhood where it would have taken them about 2 hours to get to the beach this past Saturday at 11AM are super-worried about red tide
Another negative Nellie I see. #1 in the Nation is "explosive". Nobody's talking about appreciation as its quite early for such a new area to be talking about that. We are talking unit sales and sales volume.

Obviously, the Thousands of buyers there couldnt care less about short drive to the beach, so that Dog just don't hunt.
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Old 03-13-2019, 03:27 PM
 
2,245 posts, read 708,253 times
Reputation: 1448
Quote:
Originally Posted by craigiri View Post
Well, just think. After a couple hundred million are spent they will be able to buy a season pass to an aquarium and drive their big honking SUV to a big honking parking lot and see "how things were" in the Gulf in A/C comfort.

Given the state of VR headsets and holograms, a couple years later they won't even have to leave their living rooms.

Not sure how accurate Trulia is, but:
https://www.trulia.com/real_estate/S...market-trends/
"Sarasota market trends indicate a decrease of $18,250 (-7%) in median home sales over the past year. The average price per square foot for this same period fell to $189, down from $213."

That's not exactly a boom.
Fake News!
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Old 03-13-2019, 04:19 PM
 
Location: Sarasota/ Bradenton - University Pkwy area
3,141 posts, read 4,457,775 times
Reputation: 2670
The local board posts the statistics each month on our website, these are available to the public.

https://www.myrasm.com/wp-content/up...01_Summary.pdf


January 2019 vs January 2018 -- sales were down 11.4% but median sales prices were up 3.9% and average sales prices up 12.8%. Inventory is up, pending sales down slightly.

You can also go to the site to see the year end 2018 statistics.

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Old 03-13-2019, 04:29 PM
Status: "Favorite TV show is MONK" (set 19 hours ago)
 
Location: Lakewood Ranch, FL
85 posts, read 16,269 times
Reputation: 74
Quote:
Originally Posted by bbronston View Post
Don't know where they get their data but the MLS shows that the median sale price of residential real estate for Sarasota County for each month in the past year has been higher (or the same in one instance) than the corresponding month the year before.
Your facts are messing up the hater's talking points.
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Old 03-13-2019, 05:12 PM
 
Location: Lakewood Ranch, FL
5,241 posts, read 7,928,874 times
Reputation: 6256
Yeah...that happens a lot around here.
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Old 03-13-2019, 05:41 PM
 
Location: Fort Lauderdale, Florida
8,621 posts, read 7,888,911 times
Reputation: 18450
Shocking, a great community close to some of the country's best beaches is selling well.

While I personally would not live there, it is a paradise for many.
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Old 03-13-2019, 09:31 PM
 
655 posts, read 161,966 times
Reputation: 1418
Quote:
Originally Posted by beach43ofus View Post
Another negative Nellie I see. #1 in the Nation is "explosive". Nobody's talking about appreciation as its quite early for such a new area to be talking about that. We are talking unit sales and sales volume.

Obviously, the Thousands of buyers there couldnt care less about short drive to the beach, so that Dog just don't hunt.
A) I'd hardly call LWR "such a new area." But, okay.

B) You're right. They don't care about the drive to the beach. Oh, wait. I'm right because that's what I said. But, if they don't care about the drive to the beach, why'd you bring up red tide? Oh, yeah. Because you have to interject some political viewpoint everywhere even when it doesn't belong.
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Old Yesterday, 06:17 PM
 
12,267 posts, read 3,290,801 times
Reputation: 9851
What is truly shocking are Realtors saying a market is great. Buy now.
Why, in all my 45 years of buying Real Estate I only remember one time I was told otherwise.

It's a great time to buy a car also. Buy now. Prices will never be better. You see, we have to report for the quarter and I need to squeeze more sales in before the end of March, so we are willing to take a loss.

(sarcasm off).....

It's certain a vastly better time than the Great Recession. Dollars to Donuts that Realtors were telling people to buy now in 2005, 2006, 2007. In fact, I don't have to guess because we visited Realtors down here who were doing just that.

The beaches are small and Sarasota and Manatee are large. You can't fit all the tourists from a mile radius on the beach let alone the million plus that hang around here sometimes.

It would be very revealing to know what percentage of LWR residents visit the beach once a month or more. My guess is....like 10% or so.

Not to say it matters. If LWR is what someone wants to buy, it's no different than leasing a Jaguar for $790 a month. You really aren't getting any more car or getting there quicker, but it's what they want.

As the car dealer says "there is an arse for every seat".
(can you tell my life was in marketing?).
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Old Today, 06:44 AM
 
262 posts, read 74,565 times
Reputation: 316
Lakewood ranch has some of the ugliest most mcmansion hell houses I've ever seen and these probably only sell well here because we have a lot of old school baby boomers who are ok living a million miles away from amenities and driving everywhere (Sarasota Bradenton drivers average more average miles driven per person than almost other City in the country).

That being said I'm so glad that our area is exploding in population and I do think our real estate market is great.

Two things are true at once for me.
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