200 in 2010… Will this be you in 2011?


200 in 2010… Will this be you in 2011?

Posted by Marcia Salkin in Uncategorized 14 Jan 2011

200 in 2010… Will this be you in 2011? Two hundred properties SOLD for over $1,000,000 in the Sarasota area in 2010. While the doom and gloom prevailed in the headlines, smart buyers were in our marketplace putting deals together on luxury real estate up and down our coastline. Buyers are no longer waiting on the sidelines watching the market; smart buyers are making their move and are NOW in the game.

A whopping 94% of these sales had water views… today, in mid-January when the rest of the country has snow on the ground…almost all of these smart buyers are enjoying our beaches, out on their boat or watching the our gorgeous sunsets over the Gulf of Mexico.

Two weeks into 2011 and there are 52 pending sales of luxury properties with $1,000,000+ waiting to close. (Let’s just assume that 10% of these pending sales may not make it to closing this year, mostly due to lender inflexibility. That’s still a solid start in the New Year). Smart buyers of luxury properties are taking advantage of historic low interest rates and sale prices that our marketplace has not seen in almost a decade.

If you have ever thought about owning a piece of real estate in the Sarasota area, you should be looking today. There is still such a fabulous selection of great, Value-Priced property on the market (in all price ranges) and over 600 luxury properties. We know the market. We will help you narrow the selections to the perfect property just for you.

Salkin and Soublis have specialized in luxury real estate in Sarasota for over 25 years. We foresee a very active 2011 for luxury real estate in Sarasota bringing smart buyers and realistic sellers to the closing table. We encourage you to check our website, call us, e-mail us. Let us help you.

Marcia Salkin, Broker-Associate (941) 376-6121. marciasalkin@michaelsaunders.com
Paulene Soublis, Broker-Associate (941) 356-0203. paulenesoublis@michaelsaunders.com

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