Bradenton Florida Real Estate News

Saturday, March 08, 2008

Visit My New Blog: The Real Estate Zoo


I invite you to visit my new blog platform at The Real Estate ZOO


Dan Forbes, PL is a licensed Broker-Associate and Certified Residential Specialist. He leads the Forbes Advantage Team at RE/MAX Alliance Group's Lakewood Ranch Office in Bradenton, Florida. He can be reached at 941-713-5760 or 800-756-3068. To learn more about buying a home or selling a home in the Bradenton - Sarasota Florida Real Estate market please visit Dan on the web at:
http://www.BradentonFloridaRealEstate.com/
http://www.BradentonRealEstateClub.com/
http://www.the-short-sale-expert.com/
My Other Bloghttp://www.ActiveRain.com/blogs/danvforbes/

Tuesday, February 26, 2008

Bradenton Florida Home Sales Outpace The Nation


Existing home sales have fallen across the nations for six straight months. Yet, our Bradenton - Sarasota, FL sales are up again. In fact Bradenton - Sarasota was the fourth highest selling market in the whole state.

Locally home sales are up 4% over last year and the median price seems to be stabilizing.


What does this mean for those thinking of buying a home in Bradenton, FL? It means that you are beginning to have more competition. More buyers are active in the market today.

In talking with other Realtors in our Bradenton Real Estate market I am hearing virtually all of them say they are busier than ever. More buyers are looking and purchasing.

If you have ever wanted to own a vacation home in our area, now is certainly the time to buy. Prices are down and interest rates are attractive. If you have thought about moving here permanently, don't delay.

(Copyright © 2008 By Dan Forbes, All Rights Reserved.)


Dan Forbes, PL is a licensed Broker-Associate and Certified Residential Specialist. He leads the Forbes Advantage Team at RE/MAX Gulfstream Alliance Group's Lakewood Ranch Office in Bradenton, Florida. He can be reached at 941-713-5760 or 800-756-3068. To learn more about buying a home or selling a home in the Bradenton - Sarasota Florida Real Estate market please visit Dan on the web at:
http://www.BradentonFloridaRealEstate.com/
http://www.BradentonRealEstateClub.com/
http://www.the-short-sale-expert.com/
My Blogs http://www.TheRealEstateZoo.com/

Friday, January 11, 2008

Thinking of Buying a New Home in Bradenton Florida? Check Out These Big Incentives!


If you are in the market for a new home, now may just be the best time ever to buy. New home builders in our Bradenton, Florida real estate market area are offering everything from free 42-inch flat screen televisions to free car leases to free pools.


New homes can be found starting in the low $120,000's. Homes priced in the $2 million dollar range have been discounted $300,000 by one builder. If you have a home to sell, one builder will pay up to 6 months on your new home while you are selling the old one.


How can you find out about these incentives? Contact me of course!


(Copyright 2008 by Dan Forbes, All Rights Reserved)


Please contact me, Dan Forbes, or call 941-713-5760 if you have any questions about our Bradenton Florida Real Estate market. Please visit BradentonFloridaRealEstate.com; TheRealEstateZoo.com; The-Short-Sale-Expert.com

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Monday, December 31, 2007

Bradenton Prices Moving Upward


Although our Bradenton - Sarasota Florida real estate market was declared the seventh worst market in the nation, things are now looking up. Both home sales and home prices moved up for November compared to October. Although sales and prices are below what they were this time in 2006, they seem to be trending upward the last two to three months.

Today's news on Bradenton.com reads,

"While November 2007 homes sales were down 17 percent from November 2006, they were up 5 percent over October's number...

"The median price in Bradenton/Sarasota dropped from November 2006 to November 2007 by 4 percent, but month to month prices are starting to show a small gain.

"The median price of an existing home in Bradenton/Sarasota was $267,700 in November, $3,600 higher than it was just one month before."

Read my prediction about our Bradenton Real Estate Market in my post,

Why We Are Poised for Recovery: People Are Sick and Tired of Being Sick and Tired

(copyright 2007 by Dan Forbes, All Rights Reserved)

Page copy protected against web site content infringement by Copyscape

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Friday, December 14, 2007

Bradenton Florida Short Sale Listings






Please contact me, Dan Forbes, or call if you have questions about our Bradenton, Florida real estate market at 941-746-0505; toll free 877-646-8326. Visit my web site and blogs BradentonFloridaRealEstate.com ; TheRealEstateZoo.com ; The-Short-Sale-Expert.com

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Monday, December 10, 2007

Bradenton Florida Real Estate Market Conditions Report


PREMIER TEAM’s

Market Conditions Report Summary

November 2007
(from our study of the Gulf Coast Regional Multiple Listing Service)


Statistics for Single Family Homes

  • Total Listings: 4354 - Up 2.7% over last year. DOWN 6.8% from last month

  • Total Solds: 161 - Down 11.55% year to year, and Up 25.7% from last month . 96.25+% of homes for sale DID NOT SELL in November.

  • Median Sales Price: $180,000 – Up 10.4% from a year ago. Down 24.2% from high of 2005

  • Absorption Rate: 27.0 months. This is how long it would take to sell all of today's listings at the rate homes are selling and if no other homes were listed. Last year: 23.4 months.


  • Average Days on Market: 106 – Up 15.2% over last year

Statistics for Condos

  • Total Condo Listings: 2002 – Up 3.2% over last year. Up 2.1% from last month

  • Total Solds: 57 – Up 35.7% year to year and Up 23.9% over last month.

  • Median Sales Price: $180,000 – Up 10.4% from a year ago. Down 24.2% from high of 2005

  • Absorption Rate: 35.1 months. Last year: 46.2 months.

  • Average Days on Market: 140 – Up 70.0% over last year


Finally, Things Are Looking Up!!!

The dark clouds may be parting in our Bradenton real estate market. There just may be more good news than bad news. We may have reached the tipping point. Could 2008 begin the recovery in our market? It appears hopeful.



  • Inventory is going down. That is significant.

  • Sales are going up. Another signficant number.

  • Days on Market. Well, they increased, which is not good. Look for this to turn around as the market improves.

Here is the detailed Market Conditions Report:
Total%20Market%20Overview%20PDF

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Monday, November 26, 2007

Good News: Our Bradenton Florida Real Estate Market is Only Down 6 Percent





According to numbers just released by the Florida Association of Realtors the median price of a home in Bradenton - Sarasota was $283,800 in the third quater. That's just 6 percent below where it was in the same quarter of 2006. How can that be good news?


Well, in the second quarter of this year home prices were 11.3 percent below what they were in 2006. That means the rate of decline is slowing. That's good news. Maybe our market is starting to recover.

Also noted is that Bradenton - Sarasota was the fourth highest metro area in the state of Florida in number of home sales in the third quarter.

The article stated, "Experts have often surmised that the Bradenton - Sarasota market would be among the first to recover because it is a forerunner during the boom and subsequent correction in the market."

So this article had some good news in it.


(Copyright © 2007 By Dan Forbes, All Rights Reserved.)

Please give me, Dan Forbes, a call if you have questions about our Bradenton, Florida real estate market at 941-746-0505; toll free 877-646-8326. Visit BradentonFloridaRealEstate.Com ; my blog The Real Estate ZOO.

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