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The first goal of any home buyer is to try to save as much money as possible. But trying to predict the ebb and flow of the real estate market can be like trying to pick lottery numbers. Just because one market is hot doesn’t mean it is going to stay that way for very long, and vice versa. It can be a maddening chase that ends up with nothing but frustration.
Adding to the confusion is the fact that in most real estate markets, the best time to buy is during the winter when inventory is low and the best time to sell is in the summer when everyone is looking to move. Well, in Florida and other warm-weather real estate markets, those rules simply don’t apply. With the mild year round climate of Florida and the Sarasota area in particular, the best time to buy is right now because real estate prices are headed no where but up. Every day that you wait, another prime piece of Sarasota real estate is bought up off the market, and it doesn’t matter if its December or July, Sarasota stays hot year round!
Sarasota is truly a place where seasonal weather changes have no effect whatsoever on the real estate market. In the northern states, wintertime is not only time for hibernation for bears, but also the real estate market. But you can count on the number of For Sale signs to start sprouting right around the time as the first blades of green grass. But not in Sarasota. The low in the wintertime in Sarasota is 51F (10C) in January and 53F (11C) in November and February. With weather like that, it’s no wonder that Sarasota is one of the fastest growing areas not only in Florida, but nationwide. The real estate market here is sizzling 365 days of the year!
And maybe the most enduring part of the Sarasota real estate market is that even with the incredible surge of interest in the Sarasota area, the minimum price for a beautiful Sarasota home is still under $200,000! Try finding a spot in California that has minimum home prices that low! Sarasota is still one of the most undervalued real estate markets in the entire country, that’s why we live by the mantra of The Sooner the Better because it won’t be like this for long. The secret that Sarasota is the most ideal place to live in Florida can’t be kept quiet forever. That’s why you need to take advantage of the year-round beauty that is Florida and the year-round sizzle that is the Sarasota real estate market!
If you’re a bit of a high roller and you’re looking to buy a beautiful Sarasota home right on the water, you will end up paying a bit more than the minimum home price, but when you compare the going rates to that of other winter vacation destinations, it’s still remarkably good! In gorgeous Siesta Key and beautiful Longboat Key, you can expect to pay $300,000 for a beautiful water view, but still, comparatively, that is far below what you would pay even in other parts of Florida. And remember, the real estate market doesn’t cool down here in Sarasota, it only gets hotter and hotter as more people discover what a fantastic place Sarasota is. Don’t let the fantastic values that are still here pass you by. It doesn’t matter what time of year it is, take a trip to Florida’s beautiful sunshine coast and visit Sarasota.
Finally, most people think that if there is an "off-season" in Sarasota it would be during the warm Florida summers. What most people don’t realize is that the hot summers in the Sunshine State aren’t as blazing as they might think. Highs in the summer crest at right around 90 degrees, significantly cooler than summers in the Southwestern US. And you don’t have to worry about the rain, either. A typical summer shower in Florida is over in less than 30 minutes, so they won’t get in the way of moving in or out of your home during a wonderful Sarasota summer!
While most of the US experiences a downturn in the real estate market during the winter, the market stays hot no matter what time of year it is in Sarasota. The sooner, the better has become the motto since prices are on their way up, so don’t waste another minute, buy your piece of beautiful Sarasota FL real estate today! GBrey
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