Sarasota FL Real Estate Blog by Keith Kropp, Realtor

Bright Ideas: How To Light Up Rooms

Bright Ideas: How to Light Up Your Rooms

These clever tricks banish dim interiors and dark corners, and usher natural light into the house.

Most homes have a few gloomy rooms and nooks, but you don't have to stay in the dark. To illuminate a poorly lit home without flicking a single light switch, use a combination of these bright ideas to enjoy an improved result that's like the difference between night and day.

Choose glass-paneled doors. One of the most effective ways to let natural light flood into your home is to use glass-paneled doors. Installing a new window or increasing its size usually requires a permit, but this may not be the case when replacing exterior doors. Whether you like the bold lines of these steel-framed doors or prefer the traditional French doors in the next photo, there is a design to suit every palette and position, both inside...

8 Ways To Up Your Chances Of Buying Your First Home

8 Ways To Up Your Chances Of Buying Your First Home

Between rising prices, tough loan limits, and massive competition among other eager would-be buyers, it can seem like an impossible feat to purchase your first home. Homes in first-time buyer ranges are highly coveted and stories abound of buyers having made offers on numerous homes, only to be shut out time and again by multiple offers that drive prices up and out of their budget. But, there are ways you can put yourself ahead, even if the situation seems desperate.

Work with a good REALTOR®

Everyone has a real estate agent in their neighborhood or in their family or friend group (or all three!). And, while you would undoubtedly love to give business to someone you know and care for, you have to balance your sense of loyalty against your goal. This may not be the time to entrust your financial future to a brand-new...

New Whole Foods Opens January 31st1

Whole foods rendering mjdtms

A rendering of the new store

Whole Foods Market’s University Station store will open at 9 a.m. on Wednesday, Jan. 31, becoming the chain’s second Sarasota location. The 40,000-square-foot store will offer a selection of grab-and-go prepared foods, grocery items, a coffee bar, cold-pressed juice on tap, Amazon lockers for package pickups and returns and Brasserie Honoré, an in-house restaurant serving rotisserie meats and French dishes like steak frites, charcuterie, beer and wine. The store is located at 5298 University Parkway, Sarasota....

Home Prices In Sarasota, FL Market Report For November 2017

Home Prices In Sarasota, FL Market Report For October 2017

 

The Sarasota Real Estate Market continues to build on October's strength as we move into full season here in the next couple of months.  Expect a slight lull during the holidays, but in January the momentum will really begin to build!

 

Sales of single family homes increased by 3.3 percent for the same month last year while condo sales increased by 16 percent.  Pending sales increased by 4.5 percent and condo sales increased 21.4 percent year over year.

 

"Historically, home sales will slow down around this time and will start to pick up again in February or March when season is in full swing," said Xena Vallone, 2017 RASM President.

 

Inventory levels continue to be far below the six month benchmark for a balanced market between buyers and sellers.  Single family home inventory in Sarasota County decreased by 5.3 percent, and condos increased by 4 percent year over year.  Inventory levels still remain well below the 6 month supply considered a balanced market between buyers and sellers.  We continue to be in a seller's market.

 

Pending sales have been on the upswing with single family homes increasing by 4.5 percent, and condo  increasing by 21.4 percent.

 

Cash sales are declining in the market in Sarasota...

Kitchen Trends With Staying Power

Kitchen Trends With Staying PowerParkes Interiors

As a designer, I pay attention to trends that come and go in kitchen design. And there are a lot of new options to consider. But I tell my clients that the key is always to consider whether what's trending will actually function for your kitchen. So let's take a look at some of the current trends that I would argue are among the best options to incorporate into your kitchen remodel. Which ones would you love to have?

Kitchen Trends With Staying PowerParkes Interiors

As a designer, I pay attention to trends that come and go in kitchen design. And there are a lot of new options to consider. But I tell my clients that the key is always to consider whether...

Home Prices In Sarasota, FL Market Report For October 2017

Real estate market data for Sarasota, FL provided by Keith Kropp of  Better Homes and Gardens Real Estate - Atchley Properties

 

Home Prices In Sarasota, FL Market Report For October 2017

 

October was definitely a month of recovery for the local real estate market from the effects of Hurricane Irma in September.  The market has come back, seasonal residents are returning and with them more listings and sales.

 

Sales of single family homes increased by 2.7 percent for the same month last year while condo sales decreased by 10.4 percent.  This is typical for this time of year as sellers prepare to list properties for the coming season.

 

"Compared to Irma;s impact in September, we saw a combined 75 percent increase in new listings from last month to this month,"  said Xena Vallone, 2017 President of the REALTOR Association of Sarasota an Manatee.  "Sellers are playing catch-up and listing their properties for the upcoming season."

 

Inventory levels continue to be far below the six month benchmark for a balanced market between buyers and sellers.  Single family home inventory in Sarasota County is at a 3.9 month supply, and condos are at a 4.9 month supply.  Inventory levels still remain well below the 6 month supply considered a balanced market between buyers and sellers.  We...

Sarasota Real Estate Market Slows Down In September 2017

Real estate market data for Sarasota, FL provided by Keith Kropp of  Better Homes and Gardens Real Estate - Atchley Properties

 

 Sarasota Real Estate Market Shuts Down In September 2017

 

Damage to the Sarasota Area from Hurricane Irma was mostly confined to some downed trees and scattered power outages.  Within a week the area was up and running as though nothing had happened.  However, with office closures, home re-inspections and time to get up and running again,  the effect on real estate sales was significant.   Sales were down 16.8 percent!

 

"With Labor Day and office closures, there were 20% fewer business days in September to complete a sale,"  said 2017 RASM President, Xena Vallone.  "When a storm like Irma come around, our focus shifts from day-to-day business to the safety of our homes and loved ones."

 

Inventory increased  for single family homes increased 1.9 percent and condo inventory increased 2.9 percent from the same time a year ago.  Inventory levels still remain well below the 6 month supply considered a balanced market between buyers and sellers.  We continue to be in a seller's market.

 

With fewer shopping days to look for a new home, pending sales suffered significantly indicating another slow month...

High-Value, High-Impact Remodeling Projects to Help You Sell Your Home

High-Value, High-Impact Remodeling Projects to Help You Sell Your Home

Focus on remodeling projects that will make a statement and pay off when it comes time to sell your home.

When you’re trying to sell your home, you have to choose carefully. Is it worth it to redo your kitchen counters for the sale, or will the new owners simply replace them with their own picks? Should you bother repainting? These projects, ranging in price from $500 to $10,000, are sure to impress potential buyers, ultimately padding your pocketbook when it comes down to the final asking price.

 

Cozy up a fireplace

Fireplaces are natural gathering areas even when a fire isn’t lit. Turn yours into a crowd-pleasing focal point with a decorative surround and/or an updated mantel furnished with attractive accessories. If your fireplace is brick, you can also paint or whitewash the bricks for an instant update.

...

Siesta Key Beach Is Number 1 - Again!

Back in 2011 Stephen "Dr. Beach" Leatherman put Siesta Key Beach as Number 1 on his annual list of the world's top 10 beaches.  Since that time beach lovers have flocked to Sarasota; discovered the many riches of Sarasota life and moved to the area.  Tourism has skyrocketed, and Sarasota is certainly on many people's radar.

 

Last year, Siesta Key Beach was named the Number 2 beach in the world.  This marked a change in Leatherman's criteria of eliminating beaches previously named as Number 1 from his annual list which has been likened to the "Environmental Oscars" of beaches.

 

In an unprecedented move this year "Dr. Beach" has named Siesta Key Beach Number 1 for the second time!  In announcing his list Leatherman pointed out the $21 million dollar renovation to the beach pavillion, parking amenities, bus service and the "no smoking" policy.

 

Siesta Key Beach has also been named Number 1 by TripAdvisor in 2015 and 2017.  

 

"It is an honor for Siesta Beach to receive this recognition for a second time," said Virginia J. Haley, president of Visit Sarasota County, the community's tourism promotion agency.

 

Dr. Beach's favorite feature of Siesta Key Beach is the powdery white sand.  "It's almost like a sin to walk out there with your shoes on.  If you can't feel that cushy sand under your feet, you're missing a lot of the experience."

 

Unique to Florida beaches the white quartz sand...