Sarasota Experience . com » Economy & Business

Real Estate Investing

Perry Corneau — Mon, 11 Jan 2010 19:10:32 +0000

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There are great deals right now in our real estate market. As suggested in the video, why not look foreclosures?

Click here to view foreclosure listings

If you are interested in investing in foreclosures in the the Sarasota area contact me via the form below.

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Our Websites Have Greater Relevance

Perry Corneau — Mon, 07 Dec 2009 22:22:48 +0000

The Swanepoel Trends Report recently conducted a study of marketing trends. They found that the Sun-Times Group, owners of the Chicago Sun Times and other trouble newspapers recently filed for bankruptcy. The group has had 12 failed newspapers in the last year. Gatehouse Media, a newspaper conglomerated had 8 failed newspapers and presided over $3,000,000 in losses and declining revenue of 15%. The Ganett Company was hit with a 34% decline in revenues and saw 7 of it’s papers fail. additionally, The Tribune Company, owners of the Baltimore Sun and the Los Angles Times filed for bankruptcy in 2008. The newspapers are suffering unsustainable losses mainly because the print model has been made largely irrelevant due to the internet and other means of electronic delivery. This Christmas we are seeing an enormous demand for electronic media readers such as Amazon’s “Kindle” and Barnes & Noble’s “Nook”. People may be reading more than ever, they’re just not reading newspapers. The National Association of Realtors conducted it’s own studies indicating that 90% of home buyers begin their home shopping on the internet. In recognition of this trend we continue to focus our marketing efforts on our websites, blogs and social media.

Longboat Key Club Expansion

Perry Corneau — Wed, 14 Oct 2009 13:19:56 +0000

The Longboat Ke CLub in currently in the final stages of planning and approval of a proposed $400,000,000 expansion of the resort and club. The expansion will bring a new hotel additional resort amenities, condos and jobs and tourism to Longboat Key.

Sarasota Bank Owned Real Estate

Perry Corneau — Fri, 09 Oct 2009 11:17:43 +0000

With prices in Sarasota on the rise again, time is running out to get the best deals on bank owned properties and foreclosures. If you are interested in getting a list of foreclosure property deals in Sarasota, Bradenton, or the Keys or Lakewood Ranch, visit www.bankownedpropertydeals.com and register. We are seeing an increase in interest among buyer and investors looking for properties since the The Today Show named Sarasota as the number one place in the country to buy real estate. Don’t miss out, there are still some great deals.

Today Show, Sarasota is Best Place to Buy Real Estate

Perry Corneau — Wed, 07 Oct 2009 02:31:59 +0000

The Today Show just aired a segment on Real Estate naming Sarasota as the number one place in the country to buy real estate. Our beautiful beaches were mentioned and Sarasota was described as “a sophisticated city, an urban city with all the things that sophisticated people like to find.” They also stated that the median home price in Sarasota is $175,800 which is own 34% from last year and that there has been a 13% increase in property values since last quarter indicating that the market has bottomed and is increasing again. If you are a sophisticated person, Sarasota is the place for you and now is the time to buy! The market has turned around.

Visit msnbc.com for Breaking News, World News, and News about the Economy

If you are interested in exploring all that Sarasota has to offer, than you have arrived at the right place.
You can search for all sorts of properties in the Sarasota/Bradenton area.

Here are some good starting points:

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Flemmings Restaurant Sarasota

Perry Corneau — Wed, 23 Sep 2009 16:08:08 +0000

The other day my wife Opal and I enjoyed a wonderful dinner at Flemmings Steakhouse. We wanted to thank our client that sent us the gift certificate. I am blessed to have a wife like Opal and also to live,work and play in a town with so many excellent restaurants and things to do. The Sarasota life style is great.

Home Sales up by 9.6%

Perry Corneau — Thu, 27 Aug 2009 21:26:10 +0000

Recent reports from the U.S. Census Bureau indicated that new sales of new home in July increased by 9.6% over June. The median sales price of new houses sold in July 2009 was $210,100; the average sales price was $269,200. The seasonally adjusted estimate of new houses for sale at the end of July was 271,000. At the current rate of sales there is a 7.5 months supply of homes currently on the market.

Click here to view the full report.

German Real Estate Buyers

Perry Corneau — Wed, 26 Aug 2009 14:31:26 +0000

We may soon see an increase in buyers from Germany. Recent economic reports in Germany indicate that their recession is coming to an end. With things looking up more Germans will have the confidence to take advantage of great deals in our Florida real estate markets. We are using our large Internet presence to capture foreign buyers.

Florida Real Estate Rebound

Perry Corneau — Wed, 12 Aug 2009 14:01:18 +0000

Florida real estate is sure to rebound. I can’t begin to tell you how many of my clients have told me that they will be buying a home here in Sarasota as soon as they sell their current home in the north. For many of these clients the wait is coming to an end. Illinois homes sales have seen a surge of 61.8 percent over the first quarter. Other Midwest states are beginning to feel the thaw in their previously frozen real estate markets as well. It looks like we will have a good selling season in Sarasota this winter.

Real Estate Markets Stabilize

Perry Corneau — Tue, 26 May 2009 18:30:11 +0000

The National Association of Realtors indicated that nationwide the total number of homes sales was up by 5.1% in February. In March the homes sales figures were up by 3.2% on average nationwide. In southern states sales were up 8.5% and 4% in the West. Four factors are thought to have contributed to the upward trend in real estate sales.

Low prices are once again atractive to investors.
Banks are lending to qualified buyers.
Consumer confidence has risen.
Sellers have begun to realize that homes are only worth what buyers are wiling to pay.

If you are waiting for the market to hit bottom, you may have already missed it. Since it takes a couple of months for sales to close and for reporting of sales figures, current sales data is based on activity hat began months ago. Right now it is a buyer’s market but buyers will loose some of their new-found leverage as prognosticators reach consensus that the market is in recovery.