By John Hielscher, Sarasota Herald Tribune, 3 November 2018 Builders break ground on 1,782 homes in the second quarter, nearly a 12-year high. Home starts surged to a nearly 12-year high in Southwest Florida in the second quarter, with baby-boomer-driven demand still outstripping the supply of new homes. Builders broke ground on 1,782 new local homes during the April-June period, a pace Continue Reading
Sarasota glows in Conde Nast Traveler’s list
Article by Terry Glavin, Business Editor, Sarasota Herald Tribune, 24 October 2018 Conde Nast Traveler, one of the most high-profile and high-end of the mass-market travel publications, consulted 429,000 responses to its Readers Choice Award survey to rank Sarasota No. 5 on its 15 Best Small Cities in the U.S. list for 2018. “Sarasota is booming,” the magazine said in its blurb, “and our Continue Reading
Jimmy Buffet’s “Last Man Standing” Ballad Rings Eerily True After Hurricane Michael Flattens Mexico Beach
1 House Left Standing in Mexico Beach after Hurricane Michael Article by Patricia Mazzei, The New York Times, October 14, 2018 MEXICO BEACH, Fla. — As they built their dream house last year on the shimmering sands of the Gulf of Mexico, Russell King and his nephew, Dr. Lebron Lackey, painstakingly documented every detail of the elevated construction, from the 40-foot pilings buried into the Continue Reading
Major Milestone in West Villages (Venice)
The development of the West Villages reaches a major milestone this week with the groundbreaking of the community’s first retail center. For the approximately 5,000 homeowners who now live in the West Villages’ seven neighborhoods, retail is a top priority since none exists yet in this Mattamy Homes master-planned community. “Retail transforms neighborhoods,” Christine Masney, West Villages Continue Reading
2018 will be another GREAT YEAR for Florida real estate: the 30 second explanation
In the spirit of full disclosure, this has been our market forecast for 2015 – 2016 – 2017 and now 2018. The only revision is the final 3 major risk factors we identify. Conventional wisdom states 3 key metrics drive housing prices: Economy Consumer Confidence Interest Rates The US economy is in good shape, but further improvement would be welcomed. Consumer confidence is Continue Reading
