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Jan. 8, 2020

3516 E 21ST ST, BRADENTON, FL 34208

3516 E 21ST ST, BRADENTON, FL 34208

  

 

2 Beds | 1 Baths | 1,020 SqFt | MLS#: A4455573

Don’t miss out on this charming home! Inside you will love the low-maintenance tile flooring and lots of big windows keeping the home light and bright. Large kitchen has plenty of cabinet space and eat-in dining area. Enjoy a quick breakfast or host a feast for family and friends in the formal dining room with direct view to the backyard. Unique to this home, there is potential for a full mother-in-law suite or a rental opportunity with private entrance. The backyard is fully fenced giving extra privacy and includes a workshop with A/C that can double as an efficiency apartment. NEW roof makes this home a smart investment! Close to schools and shopping, this property is convenient to everything you need while at the same time located in a quiet neighborhood. No HOA fees or Deed restrictions!

 

For more information call us at 941-260-0144!

Jan. 2, 2020

209 50TH AVE DR E, BRADENTON, FL 34203

209 50TH AVE DR E, BRADENTON, FL 34203

  

 

1 Beds | 1 Baths | 624 SqFt | MLS#: A4454996

Welcome home to Casa Loma! This lovely well-maintained mobile home includes a huge bonus room ready to be transformed into a rec room, home gym or office. Newer flooring throughout the home keep it low-maintenance and tons of newer windows give this home a fresh, open feeling. Large kitchen has plenty of cabinet space and eat-in dining area. Reverse Osmosis System installed! Under the carport, utility room with washer/dryer also serves as a spacious storage area or workspace. Side yard has an additional shed/storage area. This charming community has everything your active lifestyle could desire. The Casa Loma community features include community pool, recreation center, billards Room, and shuffleboard courts. Low HOA fees and NO AGE RESTRICTIONS!

 

For more information call us at 941-260-0144 or click the link below!

Jan. 1, 2020

January Real Estate Market Update

January Real Estate Market Update

Happy New Year! We hope you had a great holiday! Lets see what the real estate market holds for us in 2020.  The Sarasota and Manatee County real estate markets are finishing out the year strong. Which is setting a good tone for 2020, rates are still low and with increased buying power due to Conventional, FHA, and VA loan limits being raised its a great time for both buyers and sellers.  

First we always like to look at the number of new homes coming on the market. 

New Listings November 2019

So year to date we are now at a break even for new listings compared to last year , now remember this number will not take into consideration all the New Construction homes since they are not all listed for sale.

 

Next up lets take a look at the number of pending homes or the number of home that have gone into escrow.

New Pending Sales November 2019

November saw a massive increase in pending sales year over year. We usually see this as "Season" starts in January and buyers are looking to secure homes before they come down. With interest rates staying low and lending power increasing this is a good sign for at least 6 to 9 months of continued growth. 

 

Now lets take a look at Months Supply of Inventory. What this means is that if we sold every home available and no more inventory came on the market how long would that take. 

Months Supply of Inventory November 2019

Looks like inventory has dropped a bit year to date. With the slowdown in new listings it goes to figure that this number would drop a bit as the current inventory sells off. With SEASON now here you will see a large increase in listings which should drive this number up in the coming months. 

 

The median price is up 3.4% on the year, which is the amount that values have increased/decreased. This is good to consider if your thinking about selling and comparing prices to what you have seen. 

Median_Sales_Price_November_2019.PNG

 

The next two numbers we want to look at is the number of homes that are actually for sale, and how long is it taking for those homes to go into escrow. 

Inventory November 2019

So first the number of homes for sale has decreased less than 1% on the year. With a total of 5027 homes for sale in Sarasota and Manatee County we are still seeing Condition and Price as important as ever. As inventory rises buyers have more homes to chose from and the homes with the best VALUE (Buyers perceive value as Price + Condition) will still move fast in this market. Speak with your House Match Realtor to make sure you are POSITIONED to best capitalize on this. 

So when you have more homes for sale naturally the time on market or days on market we call it. Which is how long does it take for a home to go on the market and then go into escrow. 

Median time to contract november 2019

So the time to contract is up 6.4% Year to Date to 50 days, this number too can be dialed in to specific neighborhoods and price points. However if your home has been sitting longer than 50 days you have to review the THE BIG TWO... Price and Condition. 

It is interesting to see inventory go down and time to contract go up. That can signal that buyers are becoming a bit more selective in the homes they choose, or that they are choosing new construction over resale. Keep that in mind when pricing your home. 

I also wanted to include this to show the difference between price points in how quickly homes are selling 

Median time to contract by sales price november 2019.PNG

It is nice to see that the Days to Contract dropped in the super competitive $400,000 - $900,000 range. With inventory dropping a bit, the homes that were sitting are now starting to pick up activity again.  

 

It all has to do with supply and demand. Take a look at the next chart. 

new listings by intial price november 2019

We are seeing the biggest increase in that $250-$299 range of listings, what we are noticing is that alot of Sellers are taking advantage of the great interest rates to MOVE UP in home. They are selling and taking the equity they made in the $250-$299 range and moving up into the $400-$599 range of homes. 

Closed Sales November 2019+

Last but not least we have Closed Sales , with closed sales being up 7.3% for the year we have a strong indicator that the market is still going strong. With interest rates still near record lows and inventory remaining tight in certain price points it is a great market for both Buyers and Sellers. 

The end of the year closed out strong! Setting the tone for a great 2020! 

If you have any questions or would like some more specific data on your home, neighborhood, or price point. Please do not hesitate to reach out!

 

Matt Bohanon

CEO

House Match

Dec. 20, 2019

The Scoop with Saylor - January Edition

 

 

Welcome to the New Year! Check out some of these amazing events happening near you for the month of January!

 

Sarasota Fine Art Festival

(January 11th-12th, 2020)

This palette of spectacular creations includes works in painting, sculpture, jewelry, photography, glass, ceramics, fiber and wearable art, mixed-media, woodworking and more. Discuss with the artists the option of commissioning a unique piece of art made specifically for you or your company! The 8th Annual Sarasota Winter Fine Art Festival is open Saturday and Sunday 10 am to 5 pm. Admission is free.


The Sarasota Seafood & Music Festival 

(January 17-19, 2020)

l returns for its fifth year on January 17-19, 2020. Join us in JD Hamel Park in downtown Sarasota at Gulfstream Avenue and Main Street. Bring along your family and friends to enjoy fresh seafood and outstanding live musical performances. The event begins Friday night January 17 with festivities running 4pm-10pm. The event continues Saturday from 11am-10pm and Sunday 11am-6pm. General admission is FREE!

 

Forks & Corks

(January 23rd - 27th, 2020) 

Savor local flavor during the SunCoast’s premier Food and Wine and Festival. Forks & Corks will showcase the palate-pleasing products of an international cast of visiting winery owners and winemakers alongside the deliciously diverse cuisine of The Sarasota-Manatee Originals restaurants.

This 13th annual, multi-day epicurean event will be held in the spectacular courtyard of The Ringling Museum of Art, prominent Originals restaurants, premier wine retail shops, and other exciting venues.



17th Annual St. Armands Circle Art Festival

(January 25th - January 26th, 2020)

The St. Armands Circle Art Festival, consistently ranked as one of the best art affairs in the U.S. by Sunshine Artist Magazine, blends long-time favorites with the most buzz-worthy names on the contemporary arts scene. The event takes place along the Boulevard of Presidents and St. Armands Circle.


The Manatee County Fair 

(January 16th - 26th, 2020)

The Manatee County fair is a wholesome community tradition. Packed with an endless variety of things to see, do and eat, the fair truly has something for everyone.

Manatee County Fair is held each January at the Manatee County Fair grounds in Palmetto, Florida.

Beer & Burger Throw Down

(January 18th, 2020)

The Best of the Bay's Runner-Up Best Food Festival and Craft Beer Event is coming to Sarasota's The Mall at University Town Center for an epic day of beer sampling, burger indulgence, family fun, live music and Winter Carnival.

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 and many more.......

Orchids in Paradise Orchid Show and Sale - January 4th, 2020


Ranch Nite - Every Wednesday Evening

 

Sarasota Polo Match - Every Sunday 


Music on Main - First Friday of January

 

The Market - Every Sunday

 

Bradenton Boat Show - January 3rd - 5th, 2020

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We wish you a Happy New Year! 

Dec. 17, 2019

14255 SUNDIAL PL, BRADENTON, FL 34202

14255 SUNDIAL PL, BRADENTON, FL 34202

  

 

4 Beds | 4 Baths | 3,098 SqFt | MLS#: A4454232

Looking for a refined home with tons of custom upgrades, making your home truly one-of-a-kind? Inside and out, this home's attention to detail elevates it from beautiful to breathtaking. The entire home is surrounded by lush landscaping and mature trees. The foyer leads into a formal living room lined with sliding glass pocket doors instantly bringing the outside in. Love to entertain? The formal dining room with wet bar will impress friends and family. To the right is the spacious master suite with big bay window, 2 large closets, and huge master bath with double vanity and relaxing soaking tub. Buyers will love the open floor plan on the left side of the home featuring a classic kitchen with NEW appliances, informal dining space with prime lake view making even a casual meal special and large family room with direct access to the sun-filled patio. There is a guest bedroom and bathroom with pool access tucked away for extra privacy. Upstairs, the 2 guest bedrooms share a sitting room giving you flex space for your needs whether it is a home office, media room or playroom. The screened in patio is just as impressive as the inside of the home! With room for an outdoor kitchen, a dining set or lounge area and the sparkling saltwater pool, you ready for cookouts and pool parties.

 

For more information call us at 941-260-0144 or click the link below!

Dec. 11, 2019

4835 SAN ORTEBELLO DR, BRADENTON, FL 34208

4835 SAN ORTEBELLO DR, BRADENTON, FL 34208

  

 

3 Beds | 2 Baths | 1,400 SqFt | MLS#: A4453088

Charming home in the much-desired Cottages at San Casciano. This house is ideal for the person who wants to be close to everything; shopping, restaurants, Tom Bennett Park, golf courses, downtown amenities, South Florida Museum, Bishop Planetarium, Riverwalk and marinas. In fact, it is less than a half mile to the Manatee River! Walking into the home, you immediately get a warm, "homey" impression, and look at those gorgeous tile floors and high ceilings! It is easy to picture yourself enjoying any activity ranging from sipping your morning coffee to hosting family and friends for dinner in the big, open living room area, leading directly into the dining area. You will notice there is not a dark corner in this home, nice and bright everywhere you look. As you make your way through the classic kitchen, the tons of storage, newer stainless steel appliances and large walk-in pantry will stand out. Your huge master bedroom equipped with walk-in closet will not disappoint. The centerpiece of this home? The extended paved patio overlooking the peaceful lake, ideal for relaxing and catching the sunset. Stop by and take a look today! This home provides all the elements for relaxing, comfortable and easy living.

 

For more information call us at 941-260-0144 or click the link below!

Dec. 11, 2019

13602 Ashlar Slate Place, Riverview, FL 33579

13602 Ashlar Slate Place, Riverview, FL 33579

  

 

4 Beds | 3 Baths | - SqFt | MLS#: TBD

Looking for a dream house? Located on peaceful cul-de-sac with lush green lawns accented by beautiful landscaping and trees, this picturesque Lennar home has it all and more! The open floor plan features a spacious, sun-filled living room with direct access to screened-in patio perfect for an outdoor lounge area to relax and soak in the view. The formal dining room off both the kitchen and living room works for every occasion from entertaining friends and family or just a enjoying a home-cooked dinner. The classic kitchen has tons of cabinets, walk-in pantry and huge island with breakfast bar, a dream for anyone who loves to cook. The Master Suite is truly a retreat complete with large bathroom featuring double vanities, soaker tub and extra-large walk-in closet. With 3 guest rooms, there are endless opportunities to create the ideal floorplan for you by easily transforming a room into a home office, gym or creative space. Bonus upgrades include extra shelving in closets, SMART home system, and more. Your search is over! This home is a must see!

 

For more information call us at 941-260-0144 or click the link below!

Dec. 5, 2019

6033 34TH ST W, #2, BRADENTON, FL 34210

6033 34TH ST W, #2, BRADENTON, FL 34210

  

 

2 Beds | 2 Baths | 948 SqFt | MLS#: A4452821

If you are looking for a peaceful spot to call home, this is the place for you! This cozy complex is surrounded by huge oaks and beautiful landscaping, creating an inviting environment you won't want to leave. This charming community has so much to offer including a pool, tennis court, clubhouse and access to onsite fitness room. Centrally located, Harbor Pines is close to IMG Academies, State College of Florida, Anna Maria beaches plus shopping, restaurants, schools and more! This end-unit condo features updated laminate flooring, a spacious open floor plan and screened-in balcony with sparkling pond view. Inside has a laundry closet with washer and dryer. NEW A/C. HOA includes cable TV, pool, trash, water, sewer, outside maintenance, fitness center, pest control. Move in ready! 

 

For more information call us at 941-260-0144 or click the link below!

Dec. 2, 2019

December Real Estate Market Update

December Real Estate Market Update

Happy Holidays! The end of the year is closing in quickly! Hope you had a great holiday weekend.  Since our last update we have had small uptick in interest rates and some economic reports that show we are still growing just at a slower pace. Lets see how that has played out in the local Sarasota and Manatee real estate market. 

First we always like to look at the number of new homes coming on the market. 

New Listings October

So year to date we are now at a break even for new listings compared to last year , now remember this number will not take into consideration all the New Construction homes since they are not all listed for sale.

 

Next up lets take a look at the number of pending homes or the number of home that have gone into escrow.

New Pending Sales October

We saw another strong increase in pending sales after the slight slowdown in September. Interest rates have remained low after they fell to near record lows in August. We have also seen FHA guidelines loosen up allowing more condo/townhomes purchases to qualify. Which is a great opportunity in the lower price-points. We have also seen the conventional loan limits raised to $510,400. 

 

Now lets take a look at Months Supply of Inventory. What this means is that if we sold every home available and no more inventory came on the market how long would that take. 

Months Supply October

Looks like inventory has dropped a bit year to date. With the slowdown in new listings it goes to figure that this number would drop a bit as the current inventory sells off. December is a great month to put your home on the market if you don't want to deal with as much competition.  

 

The median price is up 3.5% on the year, which is the amount that values have increased/decreased. This is good to consider if your thinking about selling and comparing prices to what you have seen. 

Median Sale Price October

 

The next two numbers we want to look at is the number of homes that are actually for sale, and how long is it taking for those homes to go into escrow. 

Inventory October

So first the number of homes for sale has risen less than 1% on the year. With a total of 5048 homes for sale in Sarasota and Manatee County we are starting to see Condition and Price become more and more important. As inventory rises buyers have more homes to chose from and the homes with the best VALUE (Buyers perceive value as Price + Condition) will still move fast in this market. 

So when you have more homes for sale naturally the time on market or days on market we call it. Which is how long does it take for a home to go on the market and then go into escrow. 

Median Time to contract October

So the time to contract is up 10.6% Year to Date to 52 days, this number too can be dialed in to specific neighborhoods and price points. However if your home has been sitting longer than 52 days you have to review the THE BIG TWO... Price and Condition. 

It is interesting to see inventory go down and time to contract go up. That can signal that buyers are becoming a bit more selective in the homes they choose, or that they are choosing new construction over resale. Keep that in mind when pricing your home. 

I also wanted to include this to show the difference between price points in how quickly homes are selling 

Median Time to Contract by sales price October

As you can see the higher the price point the longer homes are taking to sell. Why is that? It all has to do with supply and demand. Take a look at the next chart. 

New listings by price point october

As you can see we have a glut of supply in the higher price points. Builders are continuing to build homes in the higher price points even though we can clearly see that there is massive demand in the $200 -$300 price range. So if you have a home to sell in these higher price ranges. Make sure you are keeping it in A1 shape, or pricing it to outpace any new construction you may be competing with. 

Closed Sales October

Last but not least we have Closed Sales , with closed sales being up 6.4% for the year we have a strong indicator that the market is still going strong. With interest rates still near record lows and inventory remaining tight in certain price points it is a great market for both Buyers and Sellers. 

The end of the year is finishing strong in closed sales. You still have time to lock in that low interest rate if you are a looking to purchase by the end of the year. Also with inventory ticking down now is a great time to get your home on the market. The buyers that are searching during the holidays are serious and your home may be the one they choose! 

If you have any questions or would like some more specific data on your home, neighborhood, or price point. Please do not hesitate to reach out!

 

Matt

Nov. 29, 2019

The Scoop with Saylor - December Edition



We hope you enjoy all the amazing events happening throughout December



Siesta Beach Seafood & Music Festival - December 6th-8th, 2019

 

Come share in the festivities of the 4th Annual Siesta Beach Seafood & Music Festival. Come and enjoy fresh seafood and outstanding live musical performances. Hosted by Sarasota County with the Humane Society of Sarasota County.

Holiday Night on St. Armands - December 6th,2019

Sarasota Academy of the Arts students will be performing pre-tree lighting beginning at 5:30pm.  Photos with Santa are available throughout the evening from 6:30pm – 8:00pm. Enjoy holiday entertainment, special store promotions and gracious hospitality provided by our many shops and restaurants.



Venice Boat Parade - December 7th, 2019 at 6pm.

This is a parade you won’t want to miss! Starting above Albee Farm Bridge heading south, will turn around before Circus Bridge. Due to the close proximity of the spectators to the actual parade boats, this is one of the best viewed parades on the coast. 

 

Lights in Bloom - December 14th, 2019

Selby Gardens lights up the holiday season for the 16th year with Lights in Bloom. More than two million lights will illuminate the Gardens. The tropical holiday paradise includes nightly visits from Santa (through Dec 23), children's arts and crafts activities, games, and special entertainment. Grilled foods will be available for purchase from the Michael's on East grill including a cash bar.  The Selby House Cafe will also be open.

 

Arlington Park Candy Cane Hunt - December 14th, 2019

 

Ages: 2 – 12 Summary: Santa’s elves have hidden candy canes throughout the park and it’s up to you to find them! Some will be hidden high and some hidden low. Prizes will be awarded to those who find the “Prize” candy canes.

 

Holidays Around The Ranch - December 13th, 2019

Children and adults alike will stand in awe at the sight of Santa Claus as he makes his grand entry in his beautiful horse drawn carriage, decorated in lights and garland.Sip on hot cocoa, and eggnog from our many street vendors while enjoying the annual line up of stage performances by many local dance and music studios

 

 

Christmas on Main - December 23rd, 2019

Come out a enjoy a special Christmas Celebration! This festival will include food, fun, games, rides, music, and Santa, as well as a candlelight service! Candlelight service begins at 6:45 pm. This is one celebration you won’t want to miss!!


Sarasota New Year's Eve Pineapple Drop 2020 - December 31st, 2019

Ring in the New Year at Downtown Sarasota Block Party and Pineapple Drop Celebration! The ‘party kicks off at Monday, December 31 at 1:00 p.m. Live music, food, drinks, fireworks! 



Plus Many More...

Sarasota Christmas Glow Run 5k - December 7th, 2019

Lido Beach Holiday of the Arts - December 8th & 9th 2019

5th Annual Glow Ride & Celebration - December 20th, 2019


34th Annual Holiday Boat Parade of Lights -

December 14th, 2019

 

Sarasota Polo Match - Every Sunday, 1pm - 4pm

 

Carriage Rides, Strolling Carolers, Santa Strolls - Every Thursday, 6:30pm - 8:30pm

 

We wish you a safe and happy holiday!