April 2009 Market News for Longboat Key

From the Desk of the FYNES/FARA REALTY TEAM

As a method of promoting our listings, we are likely on any given weekend to be hosting Open Houses. It is a great way to meet people, and enables us to extend our hospitality on our Seller’s behalf. Our outlook in sharing our market knowledge is to help others make informed buying decisions.  We especially look forward to hearing the thoughts on today’s market from the folks who attend our open houses. Lately we are pleasantly surprised at how busy our open houses have been and are also happy to see buyers finally giving a thumbs-up to the best prices in a long time. 

 No one can say whether the market has turned until months of statistical hindsight confirm it; but we have encountered eager and motivated buyers which are in accordance with the positive indicators of an improving market. Our real estate market is moving in the right direction! Last month Sarasota County’s sales were up 12%, pending sales were up 55.4%, inventory was down 28% and the rate of foreclosures fell 15 % from the previous month.

As a trusted resource, The Fynes/Fara Realty Team is committed to their clients and their profession. Experience, Technology and Personal Service are a large part of every transaction, from beginning to end. We are dedicated to delivering the finest in Florida Luxury Waterfront Properties and Unique Homes.  By clicking the link below, you can digitally view our listings and other Unique Homes and Exceptional Values.

http://www.uniquehomes-digital.com/uniquehomes/200903/