REAL ESTATE HEADLINES
  • Region's foreclosure rate now approaching national average
    Foreclosure rates in Southwest Florida, which for years ranked among the nation's highest, are now approaching the U.S. average.The rate of foreclosures among outstanding mortgages in the Sarasota-Manatee area stood at 1.19 percent in September, data provider CoreLogic reported Friday.That is down from 2.01 percent one year earlier and from ... read more
    By John Hielscher
  • New on Golden Gate Point: The Pearl
    A new boutique condo project will add a modern interpretation of art deco architecture to the built environment on Sarasota's Golden Gate Point.The Pearl is being developed by Golden Gate Point Ventures, headed by David Gruber. Other team members are Robert Martin of Divisions Unlimited, Gary Hoyt of Hoyt Architects, ... read more
    By Harold Bubil
  • Letter From Home: Architecture in the public space
    Outstanding residential architecture makes headlines and grabs attention from the press, but it does not have as big an impact in the community as architecture that is part of the civic space, such as central business districts, government centers, retail hubs, parks and roads.Design award-winning houses might be tucked behind ... read more
    By Harold Bubil
  • New homes OK'd for Parrish and Lakewood Ranch
    MANATEE COUNTY - Parrish and Lakewood Ranch, two areas in unincorporated Manatee County already sprouting several new subdivisions, can expect even more rooftops.In separate 6-0 votes Thursday, the County Commission approved two projects - Stonegate Preserve in Parrish and Lorraine Corners Northeast in Lakewood Ranch. Combined, the developments could add ... read more
    By Dale White
  • Sarasota County Property Sales
    A sampling of sales from October 2016. Source: Sarasota County Property Appraiser. $50,000 minimum.1598 Dorgali Drive Sarasota, 34238, Isles Of Sarasota Unit 1, $275,000.6023 Benevento Drive Sarasota, 34238, Isles Of Sarasota Unit 2c, $301,000.1866 Burgos Drive Sarasota, 34238, Isles Of Sarasota Unit 1, $295,000.2151 Burgos Drive Sarasota, 34238, Isles Of ... read more
  • Pending home sales nudged upward in October
    The number of Americans who signed contracts to purchase homes edged up slightly in October, a sign that the housing market remains on sure footing after solid price and sales gains this year.The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index rose 0.1 percent ... read more
    By Staff and wires
  • Multifamily building nets $530,000
    A nearly 100-year-old multifamily building near downtown Sarasota has sold for $530,000.A local company bought the five-unit property at 525 Rawls Ave. in the Laurel Park neighborhood.The new owner, Arieh Aizenberg, plans to continue using the two-story building as an extended stay motel, according to Eric Massey, an agent with ... read more
    By John Hielscher
  • (No heading)
    A nearly 100-year-old multifamily building near downtown Sarasota has sold for $530,000.A local company bought the five-unit property at 525 Rawls Ave. in the Laurel Park neighborhood.The new owner, Arieh Aizenberg, plans to continue using the two-story building as an extended stay motel, according to Eric Massey, an agent with ... read more
    By John Hielscher
  • Danahy joins Ian Black Real Estate
    SARASOTA - Ian Black Real Estate has formed a Land and Development Advisory Services division to offer its expertise to buyers, sellers and developers of large tracts of land, commercial developments and master-planned communities.Joining the company as president of the division is Tom Danahy, a former president at Lakewood Ranch ... read more
    By Staff report
  • US home prices surpass pre-recession peak amid healthy sales
    U.S. home prices have fully recovered from their steep plunge during the housing bust and Great Recession, according to a private measure.The Standard & Poor's CoreLogic Case-Shiller national home price index, released Tuesday, is slightly above the peak it set in July 2006, after rising 5.5 percent in September from ... read more
    By Staff and wires