New home sales boom in Lakewood Ranch
April 12, 2011 by Charlie Lersch · Leave a Comment
New home sales boom in Lakewood Ranch There were 13 sales in Central Park in the first quarter at Lakewood Ranch, where the Grand Park includes a splash park and two dog parks. . LAKEWOOD RANCH – New home sales in this county-straddling community numbered 107 during the first quarter, more that triple the number [...]
US real estate delivers strongest returns for five years (US)
March 2, 2011 by Charlie Lersch · Leave a Comment
US real estate has delivered the strongest investment performance for five years, at 15.1% total return for 2010, according to the IPD US Quarterly Property Index. The continued recovery in market values is responsible for the dramatic turnaround from 2009′s -18.7% annual total return, with positive capital growth stretching on for the third consecutive quarter [...]
Sarasota/Bradenton Number 1 Place in the USA to Retire
December 16, 2010 by Charlie Lersch · Leave a Comment
The first wave of baby boomers—men and women born in 1946—will reach retirement age next year. More than 3 million Americans will turn 65 in 2011. Portfolio.com today named Bradenton-Sarasota the most popular retirement destination in the United States. From April 2009 to April 2010, the state gained 22,873 new residents, drawn to our area because [...]
Curb Appeal is SO Important
December 15, 2010 by Charlie Lersch · Leave a Comment
Homeowners recoup more with exterior replacement projects WASHINGTON – Dec. 15, 2010 – As part of the “2010-11 Remodeling Cost vs. Value Report,” Realtors® recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of a home at resale time. “This year’s [...]
Lakewood Ranch a Great Place to Live
October 22, 2010 by Charlie Lersch · Leave a Comment
Lakewood Ranch LAKEWOOD RANCH Lakewood Ranch is a master-planned community in East Manatee County owned and developed by Schroeder Manatee Ranch. It sprawls for 8,500 acres and is recognized for its upscale neighborhoods and manicured landscaping and ponds. From the beginning, Lakewood Ranch has been on a quest to separate itself and become the county’s [...]
5 tips for choosing a neighborhood
October 15, 2010 by Charlie Lersch · Leave a Comment
You’re not just buying a house — you’re also buying a neighborhood. Sometimes, though, one resident’s “neighborhood glories” are another resident’s “neighborhood warts.” Take, for example, close proximity to clubs and nightlife. For some homebuyers, that would be a turnoff. But a few years ago, Austin, Texas, broker Kimbrough Gray had clients who insisted on [...]
Bank of America Suspends foreclosures in all 50 States!
October 8, 2010 by Gene Burwood · Leave a Comment
Bank of America said it’s extended its review of foreclosure documents to all 50 states, and will stop all foreclosure sales until the review is completed. Read the entire article here
Pending home sales show another gain
October 4, 2010 by Charlie Lersch · Leave a Comment
WASHINGTON – Oct. 4, 2010 – Pending home sales have increased for the second consecutive month, according to the National Association of Realtors® (NAR). The Pending Home Sales Index (PHSI), a forward-looking indicator, rose 4.3 percent to 82.3 based on contracts signed in August from a downwardly revised 78.9 in July, but is 20.1 percent [...]
Where to Buy a Home for Less Than $800 a Month…SARASOTA FL
September 21, 2010 by Charlie Lersch · Leave a Comment
Sarasota, Fla.: Although exotic mortgage products and investor excitement sent home prices in Sarasota soaring during the housing boom, the subsequent crash hit the market as hard as anywhere in the state. Median home prices in the Sarasota area plummeted from $311,000 in 2007 to $185,000 in the second quarter of this year. But [...]
NAR report details positive signs
September 17, 2010 by Charlie Lersch · Leave a Comment
NAR report details positive signs Although the economy is soft and consumer confidence remains low, new data from the National Association of REALTORS® shows positive signs for the future. To help REALTORS® interpret current economic data and address clients’ concerns, here are 10 key facts to understand about today’s market. 1. The economy is growing, [...]
Home Path Mortgage Financing by Fannie Mae
August 23, 2010 by Charlie Lersch · Leave a Comment
HomePath® Mortgage Financing This special financing is available on Fannie Mae homes with the Home Path Logo The benefits include: Low down payment and flexible mortgage terms (fixed-rate, adjustable-rate, or interest-only) You may qualify even if your credit is less than perfect Available to both owner occupiers and investors Down payment (at least 3 percent) [...]
Sarasota is so easily accessible from all over the world
August 20, 2010 by Charlie Lersch · Leave a Comment
Fly right into Sarasota. You can get one-way flights directly into SRQ, the Sarasota-Bradenton International Airport, from many locations. Airlines include Air Canada, Air France, AirTran, Alitalia, Delta, JetBlue, KLM and US Airways. The airport offers complimentary WiFi and massage chairs to help you catch up and relax while waiting for your flight. Even locals [...]
Main Street Lakewood Ranch
July 12, 2010 by Charlie Lersch · Leave a Comment
Main Street at Lakewood Ranch is located across from the Lakewood Ranch Medical Center. This outdoor venue offers more than 30 stylish boutiques, 6 international restaurants the Lakewood Ranch Cinemas and the Fishing Hole our own Miniature golf course. Main Street combines elements of the ideal downtown with easy to access stores that make [...]
Discover Beautiful Sarasota and Her Islands
July 7, 2010 by Charlie Lersch · Leave a Comment
Discover your Sarasota beach destination with Siesta Key, Casey Key, Lido Key, Siesta Beach, Longboat Key, Venice Beach and Manasota Key and much more….
Home prices rise 0.8% in April from March
June 30, 2010 by Charlie Lersch · Leave a Comment
Home prices rise 0.8% in April from March NEW YORK (AP) – June 29, 2010 – Home prices in April rose for the first time in seven months as government tax incentives helped to bolster the housing market. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday posted a 0.8 percent gain. It had [...]
Sarasota Florida is the best buy in the Western World!
June 21, 2010 by Charlie Lersch · Leave a Comment
Reports show that Sarasota Florida is the best buy in the Western World! The report, published today in www.GlobalEdge.co.uk ranks popular resort and second home locations around the world reveals the cheapest western holiday home destination is Sarasota, Florida, which is little surprise given how much the market has fallen over the past [...]
Gulf Mortgage Relief For Areas Affected By The BP Oil Spill
June 18, 2010 by Charlie Lersch · Leave a Comment
Citi, Fannie, Freddie offer Gulf mortgage relief DES MOINES, Iowa – June 17, 2010 – Homeowners in areas of the Gulf of Mexico affected by the BP oil spill can get mortgage relief from Citigroup Inc. and government sponsored mortgage purchasers Fannie Mae and Freddie Mac. Citigroup says it is suspending loan foreclosures in the [...]
May 2010 Sales the Highest in Nearly Five Years
June 16, 2010 by Charlie Lersch · Leave a Comment
Property sales in May 2010 in the Sarasota market once again hit thehighest total since 2005 and median sale prices continued the steady pace observed in recent months. The 766 sales were the highest forthe year, topping the April 2010 totalof 757, and were the highest total since December 2005, and 51.3percent higher than [...]
LOAN RATES MOVE DOWN
June 14, 2010 by Gene Burwood · Leave a Comment
30- and 15-Year Rates Move Down Home-mortgage rates fell this week along with bond yields, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 4.72 percent, down from 4.79 percent a week ago; while rates on 15-year fixed-rate mortgages fell to another record low of 4.17 percent from 4.2 percent. Also, the five-year Treasury-indexed hybrid [...]
LAW MAKERS CONSIDER TAX CREDIT EXTENTION
June 11, 2010 by Gene Burwood · Leave a Comment
Lawmakers consider home tax credit extension WASHINGTON – June 11, 2010 – Homebuyers may get an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring. Senate Majority Leader Harry Reid, D-Nev., said Thursday he wants to give buyers until Sept. 30 to complete their purchases and qualify for [...]
Living in Beautiful Sarasota
May 21, 2010 by Charlie Lersch · Leave a Comment
Welcome to The Lersch Group. Our website is a great resource of information for Buyers and Sellers wanting to live in the fabulous Gulf Coast areas of Sarasota and Bradenton. Sarasota was named the “Best Small City” in the USA, and one of the best places in the nation to live and work. Gorgeous [...]
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