Sarasota Experience

Stoneybrook Condominiums

Perry Corneau — Tue, 08 Dec 2009 02:40:22 +0000

Stoneybrook on Palmer Ranch is an excellent choice for investment and enjoyment. As one of Sarasota’s most affordable gated country club communities it is made even more desirable by it’s close proximity to the beaches of Siesta Key. Sarasota Square mall is also very close by. The clubs amenities include restaurant, pools, fitness center tennis and many social activities. Currently there are 42 condominiums for sale ranging in price from $169,900 to $335,000. The average price is $236,811. Because of the amenities, transferable golf memberships and proximity to the beach these condominiums are readily rented for the winter season. This year 18 condos were sold in Stoneybrook at an average selling price of $239,550. On average the properties sold garnered 92% of their sales price. For more details about the available properties, click here.

Our Websites Have Greater Relevance

Perry Corneau — Mon, 07 Dec 2009 22:22:48 +0000

The Swanepoel Trends Report recently conducted a study of marketing trends. They found that the Sun-Times Group, owners of the Chicago Sun Times and other trouble newspapers recently filed for bankruptcy. The group has had 12 failed newspapers in the last year. Gatehouse Media, a newspaper conglomerated had 8 failed newspapers and presided over $3,000,000 in losses and declining revenue of 15%. The Ganett Company was hit with a 34% decline in revenues and saw 7 of it’s papers fail. additionally, The Tribune Company, owners of the Baltimore Sun and the Los Angles Times filed for bankruptcy in 2008. The newspapers are suffering unsustainable losses mainly because the print model has been made largely irrelevant due to the internet and other means of electronic delivery. This Christmas we are seeing an enormous demand for electronic media readers such as Amazon’s “Kindle” and Barnes & Noble’s “Nook”. People may be reading more than ever, they’re just not reading newspapers. The National Association of Realtors conducted it’s own studies indicating that 90% of home buyers begin their home shopping on the internet. In recognition of this trend we continue to focus our marketing efforts on our websites, blogs and social media.

Ritz-Carlton Burger

Perry Corneau — Fri, 04 Dec 2009 15:36:27 +0000

Today, Sarasota’s Ritz-Carlton will begin serving Black Angus burgers on the waterfront patio. Casual waterfront dinning will be available Fridays and weekends from 11 a.m. to 8 p.m. Affordable fare will include the Big Bufford burger with cheddar, bacon, and onion ring and BBQ sauce. Casual dinners will also enjoy checkin sandwiches, hot dogs, cocktails and milkshakes. Dinning at the Ritz for less than $10.00… We’ll see you there.

Declining Dollar Draws Foreign Investors

Perry Corneau — Wed, 02 Dec 2009 20:19:04 +0000

MSNBC recently quoted Arthur Wong who runs a Canadian based U.S. Real Estate fund as saying, “This could be a once-in-a-generation opportunity for real estate investment.” The artilce went on to state that Buyers from countries like Brazil, France, and the Netherlands with strong currencies are spending millions on condominiums in Florida, New York and Las Vegas.

Foreign Investment in Florida.

Perry Corneau — Wed, 25 Nov 2009 15:03:17 +0000

“As part of our global asset allocation, we are targeting Florida as one of the areas with the most potential to recover value on the residential side,” said Shlomo Cohen, vice president of real estate for Dizengoff-Trading Group which just completed the purchase of 115 condo units in Palm Beach. The same Isreali based company completed the purchase of 118 condos in Jensen Beach in September.

The weak dollar and market which by many accounts has reached bottom is fueling a flurry of investment is Florida. I see many great deals here in our Sarasota/Bradenton market and are working on many purchases with foreign investors. Now is the time to back into the market.

Tortuga Siesta Key

Perry Corneau — Wed, 18 Nov 2009 21:34:23 +0000

Tortuga on Siesta Key is among my favorite condominiums on Siesta Key. Tortuga is a great choice for anyone looking for a full time residence on the beach or for a winter homes. Visit www.tortugasiestakey.com for more information.

Sarasota Real Estate Investing

Perry Corneau — Tue, 17 Nov 2009 04:13:06 +0000

Bird Key Update

Perry Corneau — Sat, 14 Nov 2009 04:11:27 +0000

Currently there are 35 homes for sale on Bird Key ranging from $539,900 to $9,900,000. Twelve homes are currently under contract and so far this year 26 homes have sold at the average selling price of $836,843. The highest sales price year to date this year was $4,750,000. You can click here to view details about each of the available homes on Bird Key. I will be happy to arrange a private viewing of any of these homes. Please contact me if you have any questions or if you would like more information.

Sarasota Home Prices Up 5%

Perry Corneau — Thu, 12 Nov 2009 12:23:48 +0000

I have always said that when there is a recession Sarasota is among the last to experience it and among the first to recover. The National Association of Realtors indicated that homes prices have fallen in 8 of 10 cities in the US in the third quarter. At $185,200, the median home price in the Sarasota-Bradenton area is up 5.3% from the second quarter of this year. Total home sales in Sarasota-Bradenton for the third quarter of this year topped 2,314 which was about the same as in Q2 but up 32 percent from last year. The Today Show named Sarasota the number one place to buy and it looks like now is the time to buy. Visit www.todayshowsarasota.com for more information.

Veterans Day Sarasota

Perry Corneau — Wed, 11 Nov 2009 18:59:30 +0000

Corneau & Associates wishes to thank our nation’s veterans for their service and sacrifice. The picture above was taken at Sarasota’s National Cemetery on SR 72 (Clark Road). Sarasota celebrated Veterans Day with a parade down Main Street.