Sarasota Market Seeing Big Booms: Is it the Time to Buy?
Sarasota, Florida – August 31, 2012 -- A recent segment on the Today Show listed Sarasota, Florida as one of the top places to purchase a home in 2012. After prices of homes dropped 34% last year, they are on the upward swing, with a 13% increase in the last quarter.
Buyers are responding to these low prices, as well as the current low market rates and an improved economy, making Sarasota real estate a good market for sellers as well. The number of properties for sale has tumbled, at its lowest level since 2005, and buyers are ready and eager to close on the few properties currently available.
Sarasota, Florida is known for its beautiful beaches, but it is also a prime real estate haven as it is a sophisticated and urban city, with many opportunities for work.
Sarasota joined the likes of San Francisco, California, Grand Rapids, Michigan, Marietta, Georgia, Naperville, Illinois, Trenton, New Jersey, and St. Louis, Missouri on this list.
Michael Saunders & Company has real estate offices and more than 500 real estate agents serving the Sarasota, Manatee, and Charlotte counties. Contact us to list your home, start your search for a new home, or receive detailed neighborhood information and market condition reports.
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