The market statistics continued to look good for the month of May.  Inventory dropped from 1824 listing to 1752 listings and 197 sales were recorded in the Mid-Florida Regional MLS system.  That equals a 9 month supply of homes. Some … Continue reading →

Just a short update on the housing market. April was the best month since July of 2005 for sales in Venice! Here are the number of homes and condos closed in Venice as reported by the Venice MLS, May 11th, 2010. January           … Continue reading →

If you do not have the cash to buy a condo, it just got a little easier to finance one.    Fannie Mae and Freddie Mac have begun to ease there restrictions.   It’s my opinion that one of the largest factors … Continue reading →

The Sarasota Herald Tribune has just reported sharp increases in both home sales and prices during March.  In the Sarasota-Bradenton market, sales rose 38 percent to 1,055 in March from a year ago. The median price rose 9 percent to … Continue reading →

I believe it is! I just thought I would share the article with you as furher proof. It was written by William Freehling, who owns Berkshire Hathaway “B” shares and is a business writer for a newspaper in Virginia. He … Continue reading →

YEAR / UNITS SOLD IN VENICE / AVERAGE SALE PRICE 2003 / 1892 / $195,262 2004 / 2109 / $233,725 2005 / 1888 / $315,377 2006 / 1080 / $307,393 2007 / 1226 / $271,911 2008 / 1272 / $228,652 … Continue reading →

HAFA began yesterday April 5th, 2010. This program is part of HAMP – Home Affordable Modification Program all part of President Obama’s Homeowner Affordability and Stability Plan. Its purpose is to provide pre-approved, standardized, and streamlined short sale or deed … Continue reading →