tag:blogger.com,1999:blog-130564292011-08-14T09:30:52.310-04:00News and updates on the Sarasota real estate market including Siesta Key, Casey Key, Bird Key, Lido Key, Longboat Key and Lakewood Ranch.Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.comBlogger3121100tag:blogger.com,1999:blog-13056429.post-72119853426401645002010-11-16T06:42:00.000-05:002010-11-16T06:42:45.231-05:00

As a Realtor, one of our biggest frustrations is dealing with the unrealistic expectations of a seller. Sellers are notorious for believing their home is worth more than its true value. The market has plenty of properties that will never sell without a price adjustment. Lack of comparable sales, poor or no Realtor representation, believing improvements are worth more than they really are

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-33995731874039161932010-09-10T06:54:00.005-04:002010-09-10T06:56:48.893-04:00

The downtown Sarasota condo market has been pretty active in 2010. Let's compare 2010 vs 2009 downtown condo sales. 2010 Downtown Sarasota Condo Sales 172 sales Lowest sales price - $51,000 Highest sales price - $3,350,000 Average sales price - $482,594 Median sales price - $354,000 Average days to contract - 145 2009 Downtown Sarasota Condo Sales  141 sales Lowest sales price - $42,000

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-44402140318620681312010-03-09T15:52:00.000-05:002010-03-09T15:52:04.355-05:00

Have you been looking to buy a home for a really long time? I have some clients that have literally been looking to buy a home for the last 5 years. Of course, they don't bother me very often. Every now and then they call and want to see a property. A few of them are second home buyers and give me a call whenever they are in town. Ask any Realtor if they want to spend years looking for a home

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-52121157597592197712008-04-28T20:46:00.002-04:002008-04-28T21:01:54.160-04:00

I read an interesting article tonight from Forbes.com about the worst cities for homeowner debt.Here are the top 50 cities for worst homeowner debt:Sacramento--Arden- Arcade--Roseville, CADenver-Aurora, COSan Diego-Carlsbad- San Marcos, CAMinneapolis-St. Paul- Bloomington, MN-WIWashington-Arlington- Alexandria, DC-VA-MD- WVLos Angeles-Long Beach- Santa Ana, CABoise City-Nampa, IDColordo Springs,

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com4tag:blogger.com,1999:blog-13056429.post-63280827726590658522008-04-26T08:55:00.004-04:002010-03-09T12:44:47.724-05:00

This home on 213 North Washington Drive went under contract yesterday. Read my post below.Property description:Exquisite classic modern on St. Armands Key. Gorgeous bay views from most living spaces and truly amazing 360-degree views of the open bay, city & Ringling bridge from the roof top terrace. Wonderful interiors w/walls of glass for lots of natural light, wide plank blond maple floors,

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-15691402018725828802008-04-25T06:15:00.005-04:002010-03-09T12:45:49.963-05:00

On Wednesday, I showed this lovely modern home at 213 North Washington on St. Armands Key to some clients of mine from England. The home has 3 bedrooms, 3.5 baths, 3,412 square feet with 2 floors of living area, a bottom non conforming ground floor and a 4th floor rooftop terrace.We meet the listing agent, Hannerle Moore of SKY Sotheby's, at the home so she can give us a tour. She gives us a tour

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-17280903966012274042008-04-23T18:45:00.004-04:002010-03-09T12:46:31.442-05:00

Isn't the above photo gorgeous? It was taken from the Sugar Bay estate on north Casey Key.3005 Casey Key Road just closed today for $4,500,000. It is the highest transaction on Casey Key this year. The home was listed for $4,750,000. Kudos to the fellow Realtor who listed and sold it and another brokerage firm.The home was built in 1970. It has 3 bedroom with possibly a 4th bedroom or den and

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-50393001599518611552008-04-21T21:14:00.004-04:002010-03-09T12:47:45.304-05:00

I just listed a gorgeous condominium in The Terrace East building on Siesta Key. This building is located in the village of Siesta Key. It offers fabulous views of the beach and crystal clear waters of Gulf of Mexico. Tired of hopping in your car to do anything fun? No need to drive when you live here. This location allows you to walk to the beach, shopping, restaurants, ice cream, entertainment

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-15875054656142018352008-04-19T06:23:00.006-04:002010-03-09T12:48:15.019-05:00

This gorgeous home on Lido Key just closed for $6,387,500. This is the second-most expensive house to sell this year in Sarasota County. It was originally listed for $10,990,000 in January of 2006. The sellers eventually dropped the asking price to $7,495,000 and it went under contract in January of 2008.This home is a gulf front estate on coveted Westway Drive which has the most valuable real

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-65363152124281337682008-04-12T13:14:00.005-04:002010-03-09T12:50:20.148-05:00

SKY Sotheby's hosted another luxury portfolio auction yesterday at The Longboat Key Club. The auction team was much more selective this time. Last November there were over 80 properties for sale which was way too many. I was pleased with some of the results. The highlight of the auction was the sale of 4067 Shell Road.This home on Shell Road has been on the market since November 2006. It was

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com6tag:blogger.com,1999:blog-13056429.post-84291057869870172332008-04-05T15:29:00.009-04:002010-03-09T12:51:03.106-05:00

I was getting a haircut the other day when I overhead the guy next to me talking about real estate. This guy was telling his stylist that only the low end of the market was selling. It turned out that this guy was not a Realtor so I'm guessing he heard this information from one.Let's see what is selling. Below are all of the sales of single family homes and condos by price range for the first

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-15440244981637431902008-03-29T07:12:00.004-04:002008-03-29T09:04:06.698-04:00

In conjuction with other Sotheby's affiliates SKY Sothebys and Daniel Decaro conducted a portfolio luxury property auction in Ft. Lauderdale yesterday. The auction included properties in the Ft. Lauderdale and Miami area. Take a look at the two stunning properties below. It looks like the auction was successful in uncovering buyers for each of these properties. One Isla Bahia - listed at

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-45119937482943563072008-03-25T07:09:00.003-04:002008-03-25T21:09:41.269-04:00

The Florida Association of Realtors issued their statistics for February home sales for Florida.Sales in the Sarasota-Bradenton market dropped 10 percent when comparing February with the same month a year ago. The number of homes sold dropped from 672 to 608.Only two Florida markets improved from February of 2007: Fort Pierce-Port St. Lucie was up 4 percent while Fort Myers-Cape Coral, a market

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-25118337238890242622008-03-23T07:43:00.005-04:002008-03-23T08:24:16.875-04:00

Looking for some international exposure for your home? With the U.S. dollar so weak and our correcting real estate market we are getting a lot of interest from Canadians and Europeans. This is a fabulous time for them to buy.I was perusing through my website statistics yesterday to see how many visitors I had from foreign countries. In the last 30 days my Sarasota real estate website had visitors

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-55246650921172033902008-03-17T11:30:00.004-04:002008-03-17T11:41:56.759-04:00

Untrue!The Sarasota MLS shows that there are:733 single family homes under contract311 condominiums under contractContrarian: An investor who buys a category when most others are selling and sells when others are buying. A contrarian doesn’t chase what is hot, but is often buying a category that has recently underperformed.If you need help buying or selling please contact me at 941-812-6272.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com3tag:blogger.com,1999:blog-13056429.post-18989631042585502162008-03-14T20:58:00.003-04:002008-03-15T08:40:49.897-04:00

According to a new study by SMR Research Corporation the housing "bubble" -- whose bursting triggered the current mortgage credit crisis -- has now fully deflated.This sets the stage for a mild housing recovery, which SMR said would begin prior to year end 2008.The recovery is likely to be gradual, with house prices merely firming up or increasing slightly, rather than returning to the strong

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com3tag:blogger.com,1999:blog-13056429.post-38872650744539235522008-03-01T08:01:00.003-05:002008-03-01T08:41:19.104-05:00

Here are some sales figures for February 2008 and February 2007. I pulled these numbers from the Sarasota MLS. The areas included in the totals are for Longboat Key, Siesta Key, Lido Key, Bird Key, Casey Key, Lakewood Ranch, Sarasota, Osprey and Nokomis. All other areas were exluded.February 2007Total single family homes transactions: 180Total condo transactions: 215February 2008Total single

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-41387418191781540792008-02-29T06:46:00.003-05:002008-02-29T07:13:25.147-05:00

Membership in region's largest associations affected by housing slumpWith the housing market flat, Southwest Florida real estate agents are retreating or quitting the business in large numbers. The Sarasota Association of Realtors is down 11 percent over last year; the Manatee County association 19 percent; and the Punta Gorda-Port Charlotte-North Port Association of Realtors 11 percent.The

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com4tag:blogger.com,1999:blog-13056429.post-87321848936367814062008-02-28T20:00:00.003-05:002008-02-28T20:07:18.231-05:00

A client of mine just purchased this gorgeous home in River Club. The home has 4 bedrooms, den, 3 bathrooms with 3,523 square feet and sits on almost an acre. Property description:Beautiful Todd Johnston custom home on a private almost one acre lost in the estate section of River Club. Upgrades throughout the home including crown molding, 14' ceilings, cherry cabinetry, granite wet bar, wine

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-79813214438695266532008-02-27T08:05:00.003-05:002008-02-27T08:21:27.411-05:00

Real estate billionaire Sam Zell, chairman of Equity Group Investments, suggested the housing market will begin its recovery this spring."I think (housing) starts have already pretty much bottomed out," Zell told CNBC Tuesday. "I think sales will start to occur, and we'll start to clean up the inventory."Here is a link to the Chicago Trubine article.For those who don't know. Sam Zell is a

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com3tag:blogger.com,1999:blog-13056429.post-68882423970362486762008-02-17T07:15:00.003-05:002008-02-17T07:29:42.057-05:00

I read an interesting article from TIME magazine last night. Here is a link to the article.I am going to cut and paste the article below:Famed Money Manager is perhaps best known for his timeless wisdom that you can beat the pros by focusing on stocks of companies where you either work or shop or have some other edge. But a more relevant Lynchism today is this gem: Ignore the headlines.That's no

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com7tag:blogger.com,1999:blog-13056429.post-69324535102224593362008-02-16T08:43:00.004-05:002010-03-09T16:21:03.354-05:00

My client closed on this wonderful beach front Longboat Key condo yesterday. This 2 bedroom, 2 bathroom condo offers unobstructed gulf and beach views. It was listed for $850,000. Please contact me at 941-812-6272 if you are looking to purchase on Longboat Key. (photos removed)

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-16501082996635647042008-02-14T19:27:00.003-05:002008-02-14T20:06:44.626-05:00

I have been in touch with a few private equity firms looking to make a bulk purchase of property in the Sarasota area. There are alot of "vulture funds" or "opportunity funds" looking to pick up Florida real estate at depressed prices. They typically seek out hurting condo developers who are sitting on a ton of inventory and make offers to purchase condos in bulk at reduced prices. Once they

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com4tag:blogger.com,1999:blog-13056429.post-2251785592903782872008-02-13T10:09:00.004-05:002008-02-13T10:19:48.996-05:00

SKY Sotheby's is pleased to announce the date of our Spring 2008 luxury portfolio auction. The event will take place Friday April 11, 2008 at The Longboat Key Club. This time we are allowing only 50 luxury properties in the auction. More information: SKY Sotheby's AuctionBuyersSellersFor more information email marc.rasmussen@skysothebys.com or call me at 941-812-6272.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-59402614613275093542008-02-11T10:32:00.000-05:002008-02-11T10:43:05.186-05:00

In December of 2007 the average sales price to list price ratio was 93% for single family homes and 91% for condominiums.Here is a run down of 2007 statistics.Single Family HomesJanuary - 91%February - 90%March - 93%April - 93%May - 92%June - 92%July - 93%August - 93%September - 92%October - 93%November - 91%December - 93%CondominiumsJanuary - 93%February - 94%March - 94%April - 97%May - 92%June

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-72509667171940885612008-02-10T09:13:00.001-05:002010-03-09T16:27:45.414-05:00

I updated my Downtown Sarasota Condo sold page. Now you can see compare 2006 and 2007 sales in most of the condos in the downtown area. I received a few emails from some readers who wanted to see how much prices have dropped in the downtown Sarasota condo market.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-26713735494928415982008-02-09T07:53:00.001-05:002010-03-09T16:15:25.956-05:00

I turned down another listing yesterday. I hate to turn down the possibility of making a buck but the best advice I can give to many potential sellers is to not list. If you are unmotivated to sell there is a slim chance your property will sell. In most cases, you have to be the best property at the best price in your market segment. You have to be the bright flower in the field of weeds.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-36492870202317046532008-02-07T07:18:00.001-05:002010-03-09T16:19:20.596-05:00

Our client wanted some better photos of her Peppertree condo that we are marketing. So we had our photographer go out there and do a reshoot. They turned out great in my opinion. Below are a couple of the new photos. What do you think? (photos removed) I am amazed at some of the grainy, dark and horrible photos that real estate agents use to market their properties. In a market like this you

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-1392323300361727502008-02-06T20:09:00.001-05:002010-03-09T16:24:31.351-05:00

I am a little tired of reading the doom and gloom articles about the Sarasota Florida real estate market. A client from Canada sent me an article from one of his newspapers about the Florida market. Like so many other articles it talks about how bad it is here. I am not saying these reporters are completely wrong. But some of them are blowing things out of proportion. One of them stated that you

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-48050545517024594582008-01-30T20:55:00.000-05:002008-01-30T21:10:42.219-05:00

Up northSarasota, FloridaChicago 11 27New York 31 39Atlanta 40 49Charlotte 35 49Columbus 31 37Sarasota 56 75

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-49580041902162502842008-01-30T20:25:00.001-05:002008-01-31T07:59:15.341-05:00

I was trading emails with a potential buyer from England today. As you probably know the Euro is very strong against the dollar. For Canadians and Europeans Florida is turning out to be the perfect storm for them. Prices here are down significantly and their currency is very strong against the dollar.One of the comments I found interesting was, "I find the prices in Sarasota amazing! We should

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-64756423060664847402008-01-26T05:41:00.001-05:002010-03-09T16:25:38.460-05:00

I had a request from my blog reader Todd for the latest inventory levels. He requested inventories for October, November and December. Unfortunately, our MLS system does not allow us to go back in time like that so I can only give today's numbers. If you look at the right side of this page you will see a log of Sarasota home and condo inventory levels. The latest figures from the Sarasota MLS

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-29943974063335569722008-01-20T08:32:00.001-05:002008-01-20T08:41:55.509-05:00

My client just put this gorgeous two bedroom/two bathroom condominium in Sunset Beach under contract. It is listed by Hannerle Moore with SKY Sotheby's. Property description: Uninterupted and spectacular full gulf and sunset views from every room. Direct beach front Sunset Beach condominium with sweeping views all the way up Longboat Key to Lido Beach. Largest two bedroom floor plan with great

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com4tag:blogger.com,1999:blog-13056429.post-13370944636415126892008-01-20T08:13:00.001-05:002010-03-09T16:22:42.535-05:00

Looking for value in downtown Sarasota? Take a look at the Broadway Promenade condominiums on the edge of downtown. This mixed-used development consists of 187 condos homes priced from the $200's to the $600's. Residents can walk to the brand new Publix grocery, bank, day spa, several upscale retailers and are within minutes to main street. For a complete list of condos for sale call me at

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-74800076184204107632008-01-03T21:09:00.000-05:002008-01-03T21:41:51.873-05:00

I have not had much time to keep you up to date on Sarasota real estate news as I have been busy with several Canadian home buyers. Take a look at this 5 year chart of the Canadian dollar - U.S. dollar exchange rate. As you can see from the chart the Canadian dollar (Loonie) is hovering around par with the U.S. dollar. The strength of Loonie in conjunction with a depressed real estate market in

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com5tag:blogger.com,1999:blog-13056429.post-5389172120760639562008-01-03T20:50:00.000-05:002008-01-03T21:09:04.685-05:00

This is not very real estate related but here are some photos of a holiday party I attended at Paul and Carol Clark's home. They are agents with SKY Sotheby's.Me, Judie Berger and Matt Morris1/2 of Glenn Johnson (SRQ360 photographer), Mary Hellhake, Charlotte Hedge and Chad RoffersA bunch of agents, spouses and a photographer.Carol Clark and Matt SchulzChad Roffers, Phillip and Donna Smith and

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-32438493733125683172007-12-26T14:08:00.001-05:002007-12-27T16:06:10.673-05:00

We just listed a gorgeous beach front condominium in Peppertree Gulfside. This town home offers breathtaking unobstructed gulf, beach and sunset views and is located within steps of the world famous white sands of Siesta Key. This unique 3 bedroom beach front condo boasts several picturesque windows from the living area and master bedroom that provide generous natural light and stunning views.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-9551937657585866772007-12-26T12:09:00.000-05:002007-12-26T12:15:47.386-05:00

Happy Holidays to everyone. I hope everyone has a wonderful holiday season.December has been a very active month for Sarasota real estate. I sold a couple of properties recently and many other agents in my office have been busy as well. There are plenty of people in town looking at property. I would like to take a little time off but am working with some over the next few days. I think the season

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-18072484517606770742007-11-30T11:12:00.000-05:002007-11-30T11:35:36.149-05:00

U.S. News and World Report came out with their list of the top 100 best high schools in the country. I was pleased to see that Pine View in Osprey was voted as the #6 best school.Pine View School for the Gifted is a full-time gifted public school located in Osprey, Florida. Pine View serves students in second through twelfth grades.To see the rest of the countries 100 best high schools go here.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-4549450811941068992007-11-29T15:01:00.000-05:002007-11-29T15:09:26.644-05:00

This Beachwalk condominium on Longboat Key listed by a SKY Sotheby's agent recently sold for $2,850,000.Property Description:Simply gorgeous, direct beachfront home at Beachwalk of Longboat Key. 5,000 sq. ft. of incredible gulf, sunset and beach views from all the major rooms of this beachfront home. The master suite encompasses the entire beachside of the top floor with sweeping beach views from

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-15663833949846768432007-11-28T11:38:00.000-05:002007-11-28T11:39:06.812-05:00

Members of the Sarasota Association of Realtors® reported an increase of 14 percent in October 2007 sales compared to September 2007, when only 234 single family home sales and 104 condominium sales were reported. October sales of 264 homes and 120 condos indicate a market beginning to heat up after the normally slower September, and ahead of the usual return of tourists and seasonal residents in

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-58898930586218895172007-11-27T10:36:00.000-05:002007-11-27T10:40:31.057-05:00

This home at 2912 Gulf of Mexico Drive just sold on the 15th of November for $500,000. Property Description:Wonderful vacation bungalow on Longboat Key directly across the street from the beach and convenient to shopping, banking, and restaurants. Three bedroom, two bath home with tile floors, turnkey furnished and caged, heated pool.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-53063738316328874642007-11-26T19:28:00.000-05:002007-11-26T19:50:27.382-05:00

Here are the inventory levels for October. Sorry for the blurry chart. The November figures should be out any day now.Below is the chart for the condominium inventories in Sarasota county.This chart represents the single family home inventory levels in Sarasota countyThe chart below are all single family homes and condominiums for sale in Sarasota county.Inventories for both single family homes

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-66584202507255552092007-11-18T05:59:00.000-05:002007-11-18T06:29:46.784-05:00

SKY Sotheby's International Realty and Dan Decaro Auctions conducted an auction Friday, November 16th. It was held in a large tent at The Longboat Key Club. There were 79 properties on the auction block. One newspaper article reports 30 successful sales but I will verify that number this week. We also have plenty of after auction action. I am working with a buyer on one of the properties that did

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com19tag:blogger.com,1999:blog-13056429.post-16842611319853213032007-11-10T07:27:00.001-05:002007-11-10T07:34:14.423-05:00

This condominium at Burns Court Villas in downtown Sarasota recently sold. Located on Orange avenue this unique condo design is within walking distance of all of the amenities of downtown Sarasota. Property description:Burns court villas give you all the amenities of a condo without the high rise headaches. 2 stories with a direct street entrance and pool level patio, this stunning home features

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com4tag:blogger.com,1999:blog-13056429.post-1157098403342692312007-11-07T12:15:00.000-05:002007-11-07T12:24:16.583-05:00

This stunning home near Siesta Key beach just sold for $930,000. The seller and buyer were represented by SKY Sotheby's International Realty.Property description:Tropical elegance abounds in this tri-level town home. Immaculately maintained by original owner, this residence was built in 2002. Enjoy a peaceful very private complex of 4 residences with elevator, over sized 2 and a half car garage

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-6743504999681554362007-11-06T20:50:00.000-05:002007-11-07T06:37:49.134-05:00

One thing I hear frequently when speaking with potential sellers is, "Oh, we will just wait until the market comes back and we will sell it then." They usually say this after we establish a range of value for their property. This is a common response from a seller who purchased in 2005 and is now upside down in their property.So, how long will it take for this market to get back to 2005 values?

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com20tag:blogger.com,1999:blog-13056429.post-44963458317885591352007-11-03T07:48:00.000-04:002007-11-03T07:51:17.958-04:00

This home at 536 North Spoonbill on Bird Key closed recently for $1,500,000.Property description:Incredible value in this 26,747 sq. ft. waterfront lot offering a bay view & incomparable boating. Located where 3 canals converge, the gracious home has an open floor plan. French doors open to the spacious patio area with pool & spa. . The guest wing allows for privacy and the extra patio is a great

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-28388741381098891432007-11-02T15:52:00.000-04:002007-11-02T15:53:43.485-04:00

NEW JERSEY – Nov. 2, 2007 – Home sellers who list at a high price to “test” the market do themselves a disservice, according to research by a New Jersey appraiser – their homes spend more days on the market and eventually sell for less than similar homes priced realistically from the start.New Jersey-based appraiser Jeffrey Otteau of Otteau Valuation Group Inc. conducted the research of sales in

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-30338407578227978712007-11-01T07:36:00.000-04:002007-11-01T07:45:18.636-04:00

I just sold this charming Lido Key condominium in the Lido Regency complex on the beach. It was a 1 bedroom/1.5 bath with almost 1,000 square feet on the 4th floor. Upgrades include new 22" Porcelain tiles, berber carpet, windows, plantation shutters, granite counters in kitchen and baths as well as completely remodeled master bath. The best feature of the unit is the accessibility to Lido Key

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-52270883950420901422007-10-31T15:42:00.000-04:002007-10-31T15:54:41.792-04:00

This stunning home on Roberts Point Road on Siesta Key just closed on the 18th of this month for $3,950,000. This beautiful bay front John Cannon home is located in the exclusive private enclave of Roberts Point on the north end of Siesta Key. It has exceptional design, expansive bay views and an open and spacious floor plan make this amazing residence the perfect place to live and entertain. The

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com5tag:blogger.com,1999:blog-13056429.post-63538190351052584552007-10-26T14:19:00.000-04:002007-10-26T14:23:47.944-04:00

I just added a list of properties for sale in the SKY Sotheby's Auction held at The Longboat Key Club on November 16th, 2007. Take a look to see if you find anything interesting. We will auction off luxury homes and condos at various price points and locations. Many of the propertes will be sold absolute. Call me at 941-308-6491 or email me to register for the auction.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-31752036344769087322007-10-25T14:48:00.000-04:002007-10-25T15:05:33.636-04:00

Florida isn't just for vacationers and retirees anymore. The Sunshine state is also a popular destination for employers and businesses eager to expand.Forbes.com recently released its annual list of the 200 Best Places for Businesses and Careers. Five Florida cities ranked in the top 10 with the highest job growth. Sarasota, Florida ranked 4th on the list behind Naples, Florida. 3 of the top 5

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com8tag:blogger.com,1999:blog-13056429.post-2362024461301073902007-10-22T08:38:00.000-04:002007-10-22T08:48:55.127-04:00

Looking for your next dream home? Search through thousands of properties using my Sarasota MLS listing search. This is not the actual multiple listing service that Realtors use. This search does show almost all of the properties for sale on the Sarasota multiple listing service (Sarasota MLS). Although, my domain name is thesarasotamls.com. My website is obviously not the Sarasota MLS system.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-16884912364939232172007-10-11T05:58:00.000-04:002007-10-11T06:11:47.016-04:00

Read the article in today's Sarasota Herald Tribune about our upcoming luxury property auction on November 16th. We have assembled a diverse group of luxury homes and condominiums in Sarasota and Manatee counties for the auction. Nearly $1 million has been invested into marketing the event with advertisements in local newspapers, the Wall Street Journal, Forbes magazine and others.Properties in

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-55626082531949356312007-10-10T05:48:00.000-04:002007-10-10T05:53:58.132-04:00

Here is an interesting podcast from Harold Bubil and local real estate investor and author John Schaub. John talks about the current market conditions and why he feels it is a great time to be buyer in Sarasota if you are a long term investor or end user. John has been in the real estate business a long time and is very knowledgable about this market.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com4tag:blogger.com,1999:blog-13056429.post-74097359842619759462007-10-05T12:23:00.000-04:002007-10-05T12:31:07.721-04:00

U.S. News and World Report recently named Venice, Florida as one of the best places to retire."Coming into downtown Venice, Fla., feels a bit like slipping back to an olderAmerica, where once thriving Main Streets sat at the center of quiet,walkable neighborhoods. It's no accident. Venice was designed to re-createthe atmosphere of a traditional small town, specifically for retirees."Sarasota,

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-23050239911280421632007-10-02T05:59:00.000-04:002007-10-02T06:33:07.597-04:00

Home-builder stocks rose Monday (October 1st, 2007) after a Citigroup analyst raised his stock ratings on several of the sector's largest companies on signs the worst may be behind the the housing industry.Stock markets rallied into record territory yesterday as investors bought back into the banking and housing sectors, a sign that Wall Street could see an end to the summer’s subprime housing

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-75152422825474669892007-09-19T05:44:00.000-04:002007-09-19T06:06:11.010-04:00

This is the 3rd and final post about a home I sold. You can read more in my Part 1 and Part 2 posts. We closed sucessfully on Monday with absolutely no hiccups or problems whatsoever. Preperation ahead of time makes the transaction go much more smoothly.The home closed for $345,000 or $171 a square foot. Not too bad when you consider the average dollar per square foot for the neighborhood this

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com3tag:blogger.com,1999:blog-13056429.post-21267873035167301192007-09-17T20:06:00.000-04:002007-09-17T20:17:57.833-04:00

I had the pleasure of showing a home in The Sanderling Club last weekend. This is a great neighborhood if you are looking for a luxurious home on the beach in a gated community. It also offers plenty of recreational amenities include: deeded beach access, tennis courts, private gulf front cabanas, marina with boat docks and security.View all of the homes for sale in The Sanderling Club here. To

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-87845931971751898472007-09-17T14:53:00.000-04:002007-09-17T15:11:05.576-04:00

Guest Author: Calum MacKenzieWith lenders tightening up their mortgage restrictions all around the country, a clean credit report is going to be more important than ever. If you’re thinking of buying and will need a mortgage, the time to start thinking about your credit is well before you make your mortgage application. That will give you time to fix it up. These are five of the most common

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-51482585517761719222007-09-16T06:14:00.000-04:002007-09-16T06:33:21.800-04:00

The chart above represents the inventory levels of single family homes in Sarasota county. As you can see the latest inventory numbers from August don't show much of a decline in the number of homes for sale.Here are the latest condominium figures for Sarasota county. The drop off off inventory since the high of April 2007 is a little more obvious here. Keep your fingers crossed for more declines

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-67991946837669234352007-08-29T14:55:00.000-04:002007-08-30T10:16:31.867-04:00

By Guest Author Calum MacKenzie, New Tampa, FloridaThe recent bills passed by the Florida legislature represent a good start toward repairing our very broken system, but they stop short of being a full solution. The current broken tax situation is the culminations of years of explosive growth in real estate values coupled with a well-intentioned attempt to limit the damage done to long-time

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com1tag:blogger.com,1999:blog-13056429.post-57195107108659279252007-08-28T20:37:00.000-04:002007-08-29T14:41:21.905-04:00

There was an interesting article in today's Sarasota Herald Tribune about the decline in real estate prices and sales volume across the state of Florida. The report indicates that Charlotte County-North Port's median price was 21 percent below July 2006 while Sarasota-Bradenton's was 12 percent below the comparable month last year. These two figures marked the biggest declines statewide among

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com9tag:blogger.com,1999:blog-13056429.post-68801373570405977442007-08-21T14:56:00.001-04:002007-08-22T13:48:30.967-04:00

SKY Sotheby's International Realty is pleased to announce that we will be hosting another multi-property auction on November 16, 2007. This auction might interest a seller who has tried the traditional home sales process with no success and would like an alternative method.Follow this link for more information: SKY Sotheby's Property AuctionSeller Benefits:The seller is in more control of when

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com4tag:blogger.com,1999:blog-13056429.post-318852391175975182007-08-18T07:04:00.000-04:002007-08-18T07:27:25.579-04:00

Earlier in the week I wrote about the home selling process. You can scroll down to read it or click selling home in Sarasota.I just wanted to write an update to the sales process. I did receive an offer on the home and it is now under contract. I am satisfied with the the sales price. Although, I would have much rather sold it in 2005 when someone probably would have paid $425,000 - $450,000. Oh

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-59701889401348153872007-08-17T16:41:00.000-04:002007-08-17T17:28:57.197-04:00

My clients just purchased this spectacular 4 bedroom, 4 bath, 3,000 square foot home/condo directly on the beach of Longboat Key. This has the feel of a home but is actually a 2 unit condo. The living room offers soaring ceilings, a built-in wet bar, gas fireplace and French doors out to the private swimming pool, yard and beach. The curved staircase leads to fabulous master suite with stunning

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-83825366039081743992007-08-15T05:41:00.000-04:002007-09-17T11:23:35.338-04:00

I own this home in east Sarasota and decided to sell it. So I listed the home back in June. Is it the best time to be a home seller? For some yes, others no. It really depends on your situation. In my case, I bought the home back in 2003 and have other uses for the money and desire to simplify a little. The lakefront home has a pool, 3 car garage, was built in 2003, 3 bedrooms, 2 bath, den and

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com6tag:blogger.com,1999:blog-13056429.post-91662364208475433972007-08-02T20:51:00.000-04:002007-08-02T21:42:35.299-04:00

The Sarasota Herald Tribune had an interesting article about how a group of Sarasota landlords is requesting a recall of Sarasota city commissioners. The Sarasota Landlords' Association is seeking to remove the commissioners because on July 19 they voted unanimously to override the new property tax rollback rules established only a month earlier in a special legislative session.The city of

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-22806661316892977012007-07-30T06:37:00.000-04:002007-07-30T07:04:43.560-04:00

I read an article this morning from the Sarasota Herald Tribune's website about a couple building a dome home in Parrish, Florida. Tropical Storm Gabrielle left their Parrish home knee-deep in water in 2001. For fear of hurricanes they are building a dome home on an 8 acre plot in Parrish.Dome homes are supposed to withstand winds of 200 miles an hour. The dome is made up of concrete and is up to

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com8tag:blogger.com,1999:blog-13056429.post-15740281653809558822007-07-26T07:36:00.000-04:002007-07-26T07:58:43.364-04:00

Good news - June 2007 home sales were up in Sarasota/Bradenton when compared to June 2006. Sales were 5% higher last month than from a year before. The rest of Florida did not make out so well. Only two real estate markets in Florida showed sales increases year over year from June 2006 to June 2007.Are we bottoming out or is just an anomaly? I would be interested to hear your comments.Notice the

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com8tag:blogger.com,1999:blog-13056429.post-38987482789504257912007-07-22T08:05:00.000-04:002007-07-22T08:42:16.995-04:00

The Sarasota Herald Tribune reported an article this morning titled, "Affordable housing plan ignites passions". A town size affordable housing project east of I-75 is coming up for approval next month. The 1,488 home project named Palmer Place appears the be the biggest in the state of Florida.People against the plan says it puts too many homes on too little land and are also complaining about

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-89989466827254540092007-07-16T06:45:00.000-04:002007-07-16T07:14:07.757-04:00

Nearly half of the nations wealthiest residents may purchase a 2nd home in the coming year according to a survey recently completed which polled 301 of the nation's homeowners whose primary home is valued at more than $1 million ($2 million for California residents), and who have investable assets of more than $1 million.Some of the other interesting findings include:The number of people who

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-42736752468889901722007-07-13T06:35:00.000-04:002007-07-13T06:44:12.483-04:00

The Florida Department of Transportation chose Sarasota-Bradenton International Airport as the top commercial airport in Florida. Sarasota beat nineteen other commercial airports, including those in Miami, Tampa and Jacksonville.The Florida Department of Transportation cited numerous reasons for the #1 spot, including the perfect FAA inspection in November, the millions of dollars spent on

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-66695381881453878982007-07-12T18:59:00.001-04:002007-07-13T06:44:44.482-04:00

Bizjournals, the Web site of American City Business Journals Inc., rated Sarasota-Bradenton as the 2nd best place in the country to grow a small business. Bizjournals used a 12-part formula to rate the vitality of small-businesses in the nation's 75 largest metropolitan areas.Sarasota-Bradenton was the second-smallest metro in the study, but it ranks as the second-biggest success story. Only four

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-1109705032747003652007-07-12T06:40:00.000-04:002007-07-12T07:25:53.896-04:00

Using data from the real estate research firm DataQuick Information Systems, The New York Times shows that the story of today’s real estate market is really two different stories. While the low end and middle of the road home prices have been hit hard recently the high end homes have fared better.In the Boston area, for instance, the number of homes selling for at least $1 million plummeted to

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-54472114150829762022007-07-11T13:20:00.000-04:002007-07-11T14:09:42.115-04:00

SKY Sotheby's International Realty just sold a home west of the trail in Sarasota. This 3,000 square foot, 3 bedroom, 3.5 bathroom Tuscan designed home was built in 2007. Some of the features the new owners may enjoy are sitting in the courtyard listening to the water fountain, splashing in their pool, snuggling next to the 2-sided fireplace or lounging on your balconies. Sold for $795,000.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-79422126135734167192007-07-07T09:19:00.000-04:002007-07-07T09:26:20.416-04:00

A client of mine just purchased this fantastic 3 level home on Longboat Key. This 3,582 square foot home was built in 2004, has 3 bedrooms a den, 4 bathrooms, an elevator and 4 car attached garage. Fantastic Gulf and Bay views, private boat dock and lift, beautiful hardwood and slate floors from Floors by Design. The cooks dream kitchen boasts Lube Fine Italian cabinetry, granite counters,

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-44487233868089780842007-06-30T20:20:00.001-04:002007-06-30T20:42:11.622-04:00

Let me explain these charts since they are a little difficult to read. The general overall trends are most important. Each graph shows the number of homes and condos for sale in Sarasota. The red solid line is the number of properties pending and the smaller bar graph represents the number of sales each month. These numbers come from our Sarasota MLS. The top chart is from November of 2003 to

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com3tag:blogger.com,1999:blog-13056429.post-58273909024789536502007-06-29T12:12:00.000-04:002007-06-29T12:22:08.727-04:00

Take a peek at this exquisite Casey Key gulf front and bay front home for sale. This home has the highest asking price of any home actively for sale in Sarasota at $20,035,000. Be entranced by nearly 4 acres of privacy nestled on the north end of exclusive Casey Key. The 300 ft. of beach which creates the western border of this estate property is truly rare. A small inlet that runs to the bay

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-66164762165220978992007-06-19T06:36:00.000-04:002007-06-19T06:49:56.222-04:00

Here is a quick snapshot of the number of condos for sale in downtown Sarasota. I searched for all condos as far north as 10th street, south to Mound, east to 301 and west to the water which includes Golden Gate Point.373 condominiums in downtown Sarasota for sale.Downtown Sarasota Condos for sale$0 - $500,000 - 69 condos for sale$500,001 - $1,000,000 - 186 condos for sale$1,000,001 - $2,000,000

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-26922692031071873022007-06-18T06:54:00.001-04:002007-06-18T07:08:48.813-04:00

So far from what I have read I am not impressed with the new property tax proposal. I am all in favor of doing something with property taxes but it seems this new bill misses the mark. I really think rolling back assessed values and portability of homestead is necessary. The current system is unfair to snowbirds and landlords and the new tax proposal does nothing to fix this. The 2nd home owners

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com2tag:blogger.com,1999:blog-13056429.post-44922300498852594122007-06-17T11:10:00.000-04:002007-06-18T07:16:15.457-04:00

Here is a quick update of home for sale on Bird Key.55 single family homes for saleBird Key single family homes$0 - $750,000 - 2 homes for sale$750,001 - $1,500,000 - 19 homes for sale$1,500,001 - $2,500,000 -14 homes for saleOver $2,500,001 - 21 homes for sale

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-20225771101991617702007-06-17T08:46:00.000-04:002007-06-18T07:17:26.284-04:00

Here is a quick update on the number of homes and condos for sale in Lakewood Ranch.603 single family homes for sale211 condominiums for saleLakewood Ranch single family homes$0 - $500,000 - 259 homes for sale$500,001 - $1,000,000 - 203 homes for sale$1,000,001 - $2,000,000 - 69 homes for saleover $2,000,000 - 73 homes for saleLakewood Ranch condominiums for sale$0 - $500,000 - 145 condos for

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-88502369244367922512007-06-17T08:34:00.000-04:002007-06-18T07:18:14.271-04:00

Here is a quick update on inventory levels on Siesta Key.270 single family homes for sale555 condominiums for saleSiesta Key single family homes$0 - $1,000,000 - 110 homes for sale$1,000,001 - $2,000,000 - 83 homes for sale$2,000,001 - $3,000,000 - 34 homes for saleover $3,000,001 - 44 homes for saleSiesta Key condominiums$0 - $500,000 - 153 condos for sale$500,001 - $1,000,000 - 306 condos for

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-83441533060640176502007-06-17T08:22:00.000-04:002007-06-18T07:19:06.980-04:00

Here is a quick update on the number of homes and condos for sale on Longboat Key.216 single family homes for sale440 condominiums for saleLongboat Key Single Family Homes$0 - $1,000,000 - 91 homes for sale$1,000,001 - $2,000,000 - 63 homes for sale$2,000,001 - $3,000,000 - 34 homes for saleOver $3,000,001 - 28 homes for saleLongboat Key Condominiums$0 - $500,0000 - 128 condominiums for sale

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-56551094136929388792007-06-17T07:57:00.000-04:002007-06-18T07:19:49.902-04:00

Here is a quick update of the number of homes for sale on Casey Key.51 single family homes for sale$0 - $1,000,000 - 2 homes for sale$1,000,001 - $2,000,000 - 13 homes for sale$2,000,001 - $3,000,000 - 8 homes for sale$3,000,001 - $5,000,000 - 15 homes for saleOver $5,000,000 - 13 homes for sale

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-33440177949362867532007-06-17T07:48:00.001-04:002007-06-18T07:20:54.488-04:00

Here is an update on the number of homes and condos for sale on Lido Key.61 single family homes for sale132 condominiums for saleLido Key Homes$0 - $1,000,000 - 11 homes$1,000,001 - $3,000,000 - 23 homesOver $3,000,000 - 27 homesLido Key Condominiums$0 - $1,000,000 - 83 condominiums$1,000,001 - $3,000,000 - 35 condominiumsOver $3,000,000 - 14 condominiums

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-40800612311050601382007-06-13T15:36:00.000-04:002007-06-19T07:07:50.811-04:00

Seven homes on Casey Key have sold so far this year. Take a look at these wonderful Casey Key homes. Please contact me if you are thinking of buying or selling on the island.Sold for $6,900,000Sold for $5,500,000Sold for $3,156,500Sold for $2,375,000Sold for $2,200,000Sold for $2,150,000Sold for $2,200,000

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-75687059536091251742007-06-13T14:36:00.000-04:002007-06-13T14:43:05.724-04:00

An article about my blog made the Monday business section of the Sarasota Herald Tribune. Take a look at it here: http://heraldtribune.com/apps/pbcs.dll/article?AID=/20070611/COLUMNIST59/706110438/1201/REALESTATEThanks for the write up Patrick.

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-53838426190051508582007-06-12T18:30:00.000-04:002007-06-16T08:59:09.201-04:00

I just listed a great home in The Enclave subdivision in east Sarasota. The home 3 bedroom, 2 bath, 3 garage home with den was built in 2003 and has one of the best lake front lots in the community. Some of the features include upgraded kitchen cabinets with glass, large ceramic floor tile, fenced dog run, Corian countertops and swimming pool. Parents can walk their children to the highly sought

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-82932456793918867092007-06-07T07:23:00.000-04:002007-06-07T07:33:01.745-04:00

Here are the most recent inventory levels that I pulled from the Sarasota Multiple Listing Service (MLS). Sarasota, Lakewood Ranch, Siesta Key, Lido Key, Bird Key, Casey Key, Longboat Key, Osprey and Nokomis make up the figures. I am not using Manatee county, Venice or Charlotte county home and condo inventories. Notice that I added the most recent inventory figures on the right side of my

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-34444926151486772452007-06-05T15:14:00.000-04:002007-06-19T07:08:45.648-04:00

This wonderful bay front home in The Oaks was recently listed by SKY Sotheby's International Realty. This magnificent three-story Georgian Mansion on Sarasota Bay captures the true essence of elegance, traditional Southern charm, 11,293 sq. ft., 6 bedrooms, 7.5 baths, new gorgeous chef's kitchen & amazing new master suite, media room, guest rooms & mother-in-law suite. The expansive floor plan

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-89196801607129240012007-06-02T15:40:00.000-04:002007-06-07T12:18:52.782-04:00

Here are four luxury homes that have sold recently in Sarasota.826 Norsota WayThis 5 bedroom, 6.5 bath new home is located on one of the most sought after street in Sarasota - Norsota Way. Thoughtfully planned with casual elegance and entertaining in mind, the comfortably scaled rooms are filled with sunlight. Sensuous lines and soft corners create a serene atmosphere enhanced by gracious outdoor

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-52822903674780165242007-06-02T07:03:00.000-04:002007-06-02T07:40:50.761-04:00

We heard a few market predictions this week from well known real estate experts. Lawrence Yun, the Managing Director of Quantitative Research at the National Association of REALTORS, where he manages the Statistics and Forecasting Groups of the Research Division went on record this week saying the worst is over the Southwest Florida real estate markets."Do not bet against this region," he said. "

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-90918896686591175632007-05-25T06:20:00.000-04:002007-05-25T13:55:45.535-04:00

Sales of new homes jumped substantially in April. The jump in sales was the largest in 14 years, though the median price of a new house dropped by the largest amount on record. Many around the country welcome this news and stabilization in the real estate market.From March to April sales of single family homes jumped 16.2 percent but the median new home price declined a record 11.1 percent. The

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-47819207101763346602007-05-24T06:40:00.000-04:002007-06-19T07:10:55.355-04:00

Take a look at this article from the Sarasota Herald Tribune - Sky Sotheby’s auction spurs buyers to drop millions more.It talks about the success of the SKY Sotheby's/J.P. King auction held last week at The Ritz Carlton. The article mentions the post auction activity on the properties that did not sell. We expected properties to sell prior to the auction as well as after it. Before it is all

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-42947830392116408592007-05-22T18:56:00.000-04:002007-05-22T19:16:07.309-04:00

I just sold this wonderful lakefront home in Bent Tree Woodlands I. The home has 3,209 square feet, was built in 1982 and sits on almost an acre. It solds for $580,000. The home was in average condition and could use some updating and love.Bent Tree Woodlands I is a great family neighborhood off Proctor road just east of I-75. It is a gated community with grand home sites and large lakes

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-39570555089789828602007-05-19T12:48:00.000-04:002007-05-19T13:14:46.005-04:00

Hank Fishkind, Florida's premier economist, spoke at The Lakewood Ranch Country Club Thursday night to several hundred builders, developers, Realtors, mortgage brokers and other members of Southwest Florida's real estate industry. He believes that the downturn in the residential real estate market is over."I argue that housing has stopped going down," Fishkind said. "It is weak. It is painful,

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0tag:blogger.com,1999:blog-13056429.post-62756136874091137552007-05-19T05:38:00.000-04:002007-05-19T05:56:16.569-04:00

Yesterday we had our spring portfolio sale at The Ritz Carlton in downtown Sarasota. Over 300 people attended the exciting event which was the areas largest luxury home portfolio auction ever presented in a single swoop. I think it went very well and most who attended considered the event to be very successful.Several properties sold prior to the auction. The Sarasota Herald Tribune reports

Marc Rasmussenhttp://www.blogger.com/profile/03692712613271053538noreply@blogger.com0