Investment, vacation home sales up

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    Investment, vacation home sales up

    Sales of investment and vacation homes jumped during the last months, with the combined market share rising to the highest level since 2005.
    NAR’s 2012 Investment and Vacation Home Buyers Survey, covering existing- and new-home transactions, shows investment-home sales surged 64.5 percent.
    Vacation-home sales rose 7.0 percent to 502,000. Owner-occupied purchases fell 15.5 percent to 2.78 million.
    Vacation-home [...]

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Featured Home

Anna Maria Island – $3,900,000 Anna Maria Island – $3,900,000

699 KEY ROYALE DR, HOLMES BEACH -
Gorgeous views abound in this Key Royal Home.

Casey Key – $4,850,000 Casey Key – $4,850,000

2315 CASEY KEY RD, NOKOMIS
Classic Casey Key Gulf to Bay Setting

Siesta Key – $4,450,000 Siesta Key – $4,450,000

1321 POINT CRISP RD, SARASOTA
Experience the relaxed yet sophisticated Siesta Key lifestyle!

Longboat Key – $8,450,000 Longboat Key – $8,450,000

5080 GULF OF MEXICO DR, LONGBOAT KEY
Gracious Florida living awaits in this 9,000-square-foot, Mediterranean-style, Bay front estate, which blends old world charm, new world luxury [...]

East Coast

Miami among Top 3 real estate markets for $1M-plus home searches Miami among Top 3 real estate markets for $1M-plus home searches

Immannews.com published a list of the top 10 real estate markets for $1M-plus home searches. Miami came in 3rd place with 4.8% of home searches in that price range.
Los Angeles-Long Beach dominated the search locations, with 16.1  percent of total searches at Realtor.com in January.  Orange County was a distant second with 6.3 percent of [...]

Gulf Coast

Luxury 2011 Sarasota home sales Part 2 Luxury 2011 Sarasota home sales Part 2

Analysis of Sarasota 2011 10 most pricey home sales.
The recent 2011 Sarasota most precisions home sales are out and Axel Weiss from Sea to Sky Realty, the international Sarasota Real Estate firm has analyzed the situation from an investor’s and broker’s standpoint.
Blog: Mr. Weiss, do you see any surprises in the sales shown?
Axel Weiss: The [...]

Central Florida

Hidden Gem: Howey-in-the-Hills Hidden Gem: Howey-in-the-Hills

Are you looking for a quiet and peaceful place in Florida? Look no further.
Pristine Howey-in-the-Hills is a rural village located on the shoreline of Little Lake Harris. It is secluded from, yet convenient to, the best of Orlando’s attractions and both of Florida’s coasts.
It is a delightful, quiet, safe and well-kept community that offers family focused [...]

International

International tide lifts South Florida real estate market International tide lifts South Florida real estate market

South Florida is already the nation’s epicenter for residential real estate sales to foreign buyers, and experts said Monday that they expect those international sales to be even stronger in 2012.
“You have a unique opportunity for the next few years,” Moe Veissi, the president-elect of the National Association of Realtors®, told more than 200 people [...]

Florida Real Estate

Florida´s housing market continues upswing

Closed sales, pending sales, median prices and average prices rose in Florida’s housing market in November, while the inventory of homes and condos for sale shrunk, according to the latest housing data released by Florida Realtors®.
Statewide closed sales of existing single-family homes totaled 17,072 in November, up 24.4 percent compared to the year-ago figure, according [...]