Blog - Gina Larouche

Real Estate Local Market

One Park Sarasota – setting the record straight … March 2023

Setting the Record Straight: Here are the facts about One Park Sarasota By One Park Sarasota | 3:51 p.m. March 3, 2023 One Park Sarasota is an 18-story, 123-residence tower wrapped in glass that pays tribute to the local architecture and promises exquisite attention to detail and a serene, holistic residential experience. Designed by Sarasota-based […]
Real Estate Local Market

Bobby Jones restoration focus turns to short course

Richard Mandell turns his creativity to a links-like par-3 companion to the Donald Ross design. By Andrew Warfield | 11:15 a.m. March 23, 2023 With sod installed around the greens, tee boxes visible from Fruitville Road and fairways sprigged on some of the back-nine holes along 17th Street, the Bobby Jones Golf Course is starting […]
Real Estate Local Market

Downtown Sarasota multifamily projects move through review committee

Four condo and apartment developments will bring nearly 300 new units in the city. By Andrew Warfield | 5:00 a.m. March 21, 2023 780 SRQ Condominiums will include 34 units, two of them priced as attainable.Courtesy rendering DSDG Architects Multiple projects adding to the housing stock in and around downtown Sarasota are making they way […]
Real Estate Local Market

Sarasota Insider … March 2023

Sarasota Insider — A sampling of fun things to do and see around our beaches. Please enjoy this snapshot of happenings throughout the month. MARK YOUR CALENDAR March 12 | Daylight Saving Time March 14 | National Pi Day March 17 | St. Patrick’s Day Every Sunday Sarasota Polo Club There is no way better […]

Real Estate Local Market One Park Sarasota – setting the record straight … March 2023 Setting the Record Straight: Here are the facts about One Park Sarasota By One Park Sarasota | 3:51 p.m. March 3, 2023 One Park Sarasota is an 18-story, 123-residence tower wrapped in glass that pays tribute to the local architecture and promises exquisite attention to detail and a serene, holistic residential experience. Designed by Sarasota-based […]

Real Estate Local Market Bobby Jones restoration focus turns to short course Richard Mandell turns his creativity to a links-like par-3 companion to the Donald Ross design. By Andrew Warfield | 11:15 a.m. March 23, 2023 With sod installed around the greens, tee boxes visible from Fruitville Road and fairways sprigged on some of the back-nine holes along 17th Street, the Bobby Jones Golf Course is starting […]

Real Estate Local Market Downtown Sarasota multifamily projects move through review committee Four condo and apartment developments will bring nearly 300 new units in the city. By Andrew Warfield | 5:00 a.m. March 21, 2023 780 SRQ Condominiums will include 34 units, two of them priced as attainable.Courtesy rendering DSDG Architects Multiple projects adding to the housing stock in and around downtown Sarasota are making they way […]

Real Estate Local Market Sarasota Insider … March 2023 Sarasota Insider — A sampling of fun things to do and see around our beaches. Please enjoy this snapshot of happenings throughout the month. MARK YOUR CALENDAR March 12 | Daylight Saving Time March 14 | National Pi Day March 17 | St. Patrick’s Day Every Sunday Sarasota Polo Club There is no way better […]

Real Estate Local Market Home Prices Hold Steady in January, Despite a Downturn in Sales SARASOTA, Fla. (February 21, 2023) – The Sarasota and Manatee housing market starts off the year with a continued rise in the supply of homes for sale. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), the month’s supply of inventory for both property types increased year-over-year […]

Real Estate Local Market 5 Reasons This Isn’t a Repeat of the 2008 Housing Crash ( Dec 2022) 5 Reasons This Isn’t a Repeat of the 2008 Housing Crash December 15, 2022 Challenging Markets By: Melissa Dittmann Tracey NAR Chief Economist Lawrence Yun draws the distinctions between today’s real estate market and that of more than a decade ago. © BrianAJackson – iStock/Getty Images Plus Many homeowners are still haunted by the 2008 housing […]

Real Estate Local Market We’re continuing to see a return to market normalcy …. (Nov 2022 Stats) “We’re continuing to see a return to market normalcy, where listings are closing sometime between two to two and a half months, and the months’ supply is increasing up to a two-to-three month supply, depending on the region and property type.” “It is too early to tell if prices are beginning to soften, as median […]

Real Estate Local Market NAR: 3Q 2022, Home Prices Up in 98% of Metros Home prices rose 8.6% in 3Q, with 46% of metros seeing double-digit price growth – a drop from 80% in 2Q. Of the top 10 high-price-increase metros, 7 are in Fla. WASHINGTON – An overwhelming majority of metro markets saw home price gains in the third quarter of 2022, according to the National Association of […]

Real Estate Local Market Why Won’t the Market Collapse? Fewer MB Securities – Nov 9,2022 If buyers understood the role mortgage-backed securities played in the early 2000s RE market collapse, they wouldn’t be expecting a repeat performance this time. NEW YORK – Mortgage-backed securities nearly brought down Wall Street in the early 2000s. But what is a mortgage-backed security? Many homeowners think of their mortgage in personal terms. But when […]

Real Estate Local Market SEPT 2022 – RE MARKET STATS September continues the same trend of fewer sales and rising inventory. “We are continuing the trend that we’ve seen for several months now where the number of closed sales is dropping, and prices are leveling off.” “Historically whenever Florida has a catastrophic event like Hurricane Ian, the real estate market bounces back very quickly with […]

BUYERS & SELLERS InterNACHI’s Estimated Life Expectancy Chart for Florida Homes, AUG, 2022 SOURCE: https://www.nachi.org/myowncopy.htm The following chart details the predicted life expectancy of appliances, products, materials, systems and components for homes in the state of Florida. (It may also be applicable to states in the nearby coastal region with similar climate and weather conditions on a typical basis.) While many components and systems in homes located in […]

Real Estate Local Market Why a repeat of the 2008 housing crash is unlikely … With U.S. home prices sharply higher and mortgage rates rising, consumers and investors alike are wondering if the environment for housing is still constructive. Home prices are on average almost 40% higher than before the pandemic.1 Mortgage rates have jumped over 200 basis points year to date, reducing purchasing power.2 Low affordability suggests that some […]

Real Estate Local Market July 2022 – Local Market Snapshot CLOSED SALES DECREASE IN SARASOTA AND MANATEE AS INVENTORY CONTINUES TO GROW Click here for the July 2022 Press Release and Statistics. The inventory of active listings in the two-county region continues to increase year-over-year in July 2022. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and Manatee (RASM), […]

BUYERS & SELLERS Remodel or buy? How to make the right move With home prices and interest rates rising across the country, you may be reevaluating your housing situation: Should you take advantage of the seller’s market and upgrade before interest rates rise further? Or should you leverage your home’s equity to finance a renovation? It’s a significant decision that will depend on your specific financial situation […]

Real Estate Local Market Answers to your top 5 housing market questions Russell Price, Chief Economist – Ameriprise Financial Aug. 1, 2022 With home prices in many local markets reaching record levels in 2020 and 2021, homeowners and prospective homeowners alike are wondering what’s next for the housing market. Ameriprise Financial Chief Economist Russell Price answers the top 5 real estate questions our clients are asking. 1. […]

Real Estate Local Market NAR Study: International Buyers Are Back …. by Kerry Smith NAR Study: International Buyers Are Back …. by Kerry Smith In NAR’s annual report, 1 in 4 (24%) international buyers chose Fla. Nationwide, they spent $5.9B, up 8.5%, even as single-family home sales dropped 7.9%. WASHINGTON – Foreign buyers purchased $59 billion worth of U.S. existing homes over a one-year period (April 2021 through March […]

Real Estate Local Market Housing Inventory Continues to Grow in Sarasota and Manatee Courtesy of RASM Market Statistics. SARASOTA, Fla. (July 20, 2022) – With rising interest rates across the country, the Sarasota and Manatee housing market is beginning to see more and more homes available for purchase when compared to last year. According to data from Florida REALTORS® and compiled by the REALTOR® Association of Sarasota and […]

Real Estate Local Market Nations Top 20 – has Sarasota as No 1 !!! Nov 2021 U.S. News & World Report: Fla. Has 8 of Top 10 ‘Best Retirement’ Metros By Phil Fernandez The magazine’s 2021 list ranks Fla. metros in the top four spots– Sarasota, Naples, Daytona Beach and Melbourne – but 7 other Fla. metros also made it into the top 20. NAPLES, Fla. – It may be getting […]

BUYERS & SELLERS Property Fraud Alerts, a growing Problem … 2021 Property Fraud Alerts in Sarasota and Manatee Counties…. Property and identity fraud are a nationwide problem. By filing fake deeds, scammers appear to own property, and can fraudulently rent or sell the property without the knowledge of the true owner. Your Sarasota Clerk and Comptroller wants to help you in protecting against property fraud. By […]

Real Estate Local Market Longboat Key Named Fifth Best Island in the U.S… 2021 The annual reader-sourced “World’s Best” list invites Travel + Leisure’s audience to vote on the best destinations and experiences worldwide. Travel + Leisure recently ranked Longboat Key as the No. 5 best island in the U.S. in its 2021 “World’s Best” awards. The annual reader-sourced list invites Travel + Leisure’s audience to vote on the […]