Sarasota Florida Flat Fee MLS Listings FSBO – Discount Realtor & Broker

Congratulations to Justin Shirley & Shirley International Realty, as he represented buyers of Ritz Carlton Beach Residence Penthouse Unit# 1207 on Lido Key, Sarasota, FL.. The asking price for this condo was $3,500,000, & Shirley International Realty successfully negotiated a “Fully Furnished” purchase price of $2,850,000 for his clients. The purchase closed 12/31/2009. This represents a valueable purchase in Ritz-Carlton’s 5-Star development. Below are Marketing Details of the Condo:

1300 Benjamin Franklin, #1207
Sarasota, Fl 34236
4,530 Square-Feet

“Penthouse in the SKY” Managed by the Ritz-Carlton.  Truly a “one of a kind” design! From the moment that you park in your private garage, step into your private elevator that opens into your private lobby, you will be mesmerized with the magnificent ever-changing Gulf of  Mexico, spectacular sunsets and captivating bay and city views. Three bedrooms, family room, and  office 4530 sq. ft. with  10’8″ ceiling heights (except where dropped). Kitchen with  luxurious custom cabinets, granite countertops, Stainless steel  appliances, breakfast bar.  This is a word class ocean-side residence complete with the security of a private gated entrance, in house concierge service, heated Pool, Spa, and a summer kitchen on your private terrace.   The Beach Residence shares the same privileged location as the Ritz-Carlton Members Beach Club conveniently accessed by a covered walkway.  The Beach Residence is only a short distance from Sarasota’s quaint downtown area, cultural and entertaining venues, restaurants, shopping and within walking distance of famous St. Armands Circle.

For  Questions or Interest in Purchase of Luxury Condos in Sarasota, Fl, Contact Justin Shirley @ 941-448-4872

Click on Thumbnails below to expand photos of the Interior of this Luxurious condo

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239 Island Circle
Sarasota, FL 34242

$1,500/Week (Seasonal: January 2010 – April 2010)
Call for Annual & Monthly Rates

This is the Life! Updated & Turnkey Furnished Home on World Renowned Siesta Key, in Sarasota, FL! Just Bring Your Toothbrush & Swim Trunks * Walk, or Bike to Siesta Key Public Beach & Siesta Village * 3 Bedroom & 2 Bath * Heated Pool * Beautiful Terrazzo Flooring * TV’s, & Linens Included * New Furniture in Living Room * Sliding Glass Doors Leading to Lanai * BBQ by the Oversized, Heated Pool * Lanai Furniture allows for Dinners or Daytime Fun by the Pool * Pool Overlooks Waterfront Lagoon * Surrounded by Beautiful, Million Dollar Homes * Location! Location! Location! The Best Pool Home Rental Value, This Close to the Beach * Available for Seasonal, Short Term, or Annual Rental * Sleeps 8 * 1 King Bed, 1 Queen, & 2 Full Beds

Click on the below Thumbnail images to preview more photos of this Tropical, Siesta Key Getaway..

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Florida’s consumer confidence rises as economic fears ease

GAINESVILLE, Fla. – Sept. 30, 2009 – Belief that a national economic recovery is under way boosted Florida’s consumer confidence three points to 74 in September, according to a new University of Florida survey.

“I think Florida consumers are buying into the argument that the worst of the recession is over and we have avoided a complete meltdown,” says Chris McCarty, survey director of UF’s Bureau of Economic and Business Research. “Once again, they have surprised us with a higher-than-expected index.”

This month’s three-point rise follows a four-point revised increase in August. Of the five components that make up September’s index, three rose, one declined and one was unchanged. Perceptions of personal finances now compared with a year ago remained unchanged at 44, only five points above its all-time low of 39 in December. Expectations about personal finances a year from now fell three points to 81.

In contrast, perceptions of U.S. economic conditions over the next year rose three points to 75, while expectations about economic conditions over the next five years rose five points to 86. Perceptions of whether it is a good time to buy big-ticket items, such as appliances and cars, rose nine points to 84.

“It is worth noting that the two index components that gauge perceptions of personal finances both now and in the future are flat or down,” McCarty says. “All of the increase is in perceptions of future economic conditions, and in the perception that if you have the money, it’s a good time to buy.”

There are some signs that the economy is improving, he says.
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Rates on 30-year home loans dropped below 5 percent for the first time in four months, but still remained above this year’s record low, Freddie Mac said Thursday.

The average rate on a 30-year fixed mortgage was 4.94 percent, down from 5.04 percent last week, Freddie Mac said. The last time the 30-year home loan averaged less than 5 percent was the week ending May 28, when it was 4.91 percent.

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July new U.S. home sales up 9.6 percent

WASHINGTON (AP) – Aug. 26, 2009 – Sales of new U.S. homes surged 9.6 percent in July, another sign the housing market is climbing back from the historic bottom it reached early this year. The monthly increase was greater than expected and the fourth in a row and it was spurred by a decrease in the price of homes.

The Commerce Department said Wednesday that sales rose to a seasonally adjusted annual rate of 433,000 from an upwardly revised June rate of 395,000. Sales are now up more than 30 percent from the bottom in January, but are still off from the frenzied peak four years ago.

The median sales price of $210,100, however, was down slightly from $210,400 in June and was off 11.5 percent from year-ago levels. Prices are still up from March’s low of $205,100.

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$599,900
8710 Cortez Rd.
Bradenton, FL 34210

2.4 Acres of Commerical Property with Building in Prime Location * 300′ of Cortez Road Frontage * 2 MILES TO GULF BEACHES (High Traffic Location with Tons of Beach Traffic) * 1,200ft2 of Commerical Building Space with 3 Offices & 1 Bay, Water, & Sewer * Property is on 4-Lane Road with no Median * 3 Entrances & Zoned Neighborhood Commerical * 2 Miles from Historic Cortez Fishing Village, Intracoastal Waterway, & Beaches to the Gulf Coast * Property is Currently Being Used for Outdoor Storage & Auto Sales * Outdoor Storage Consists of Boat, RV, & Trailer Storage Generating $5,000/month in Revenues & is Not Even Half Full * New Owner Can Easily Continue to Run Storage Business & While Marketing to Attract Owners in Need of Storing Boats, RV’s, Etc. to Generate Easy Revenues * Take Advantage of Beach Location & Traffic by Running a Boat Workshop & Storage Business * Boat Sales Business Would be Perfect Here! * Boat Detailing Business Would be Great While Storage Capabilities in Back of Lot Pays Expenses * 2.4 Acres in Prime West Bradenton, BEACH, Location Allows for Endless Possibilities * This is Great Opportunity that Already Has Revenues Coming In that New Owner Can Easily Maintain While Capitalizing on New Opportunities! 

For More Information Contact Linda & John @ 941-795-1080

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International buyers confident of Fla. recovery

MIAMI – June 15, 2009 – Gerson Lehman Group reports that international realty buyers believe the Florida housing market is poised for recovery, and they are paying close attention to distressed properties in the state. The report says these international buyers view homes in the United States as “desirable, profitable and secure” investments.

“Those who delay buying their dream home in Florida may soon find that they have to pay considerably more for the same property in just a few months,” advises the report’s author, Howard Liggett, president of Distressed Real Estate Consulting Services.

Liggett cites data from the National Association of Realtors® and the Florida Association of Realtors® indicating that 25 percent of international buyers are Canadian, 21 percent are British, and 21 percent are western European.

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Bernanke: Economy on pace for ‘09 turnaround

WASHINGTON – June 5, 2009 – The pace of economic contraction is slowing, indicating the economy could bottom out and then turn up later this year, Federal Reserve Chairman Ben S. Bernanke told the House Budget Committee on June 3. He cited recent reports, including a flattening out of the decline in consumer spending and signs of a bottom in the housing market.

Bernanke said the economy “has contracted sharply since last fall, with real gross domestic product [GDP] having dropped at an average annual rate of about 6 percent during the fourth quarter of 2008 and the first quarter of this year,” Bernanke told the committee. He said 6 million jobs have been lost since the downturn began, and recent labor market information “suggests that sizable jobs losses and further increases in unemployment are likely over the next few months.”

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Mortgage rates above 5% for 1st time in 3 months

WASHINGTON – June 5, 2009 – Rates on 30-year home loans surged above 5 percent for the first time in nearly three months this week as investors pushed up rates on long-term government debt, which is closely tied to mortgage rates.

Mortgage finance giant Freddie Mac said Thursday that average rates on 30-year fixed-rate mortgages rose to 5.29 percent this week, from an average of 4.91 percent a week earlier. It was the highest weekly average in nearly six months.

Mortgage rates “caught up to the recent rise in long-term bond yields this week,” Frank Nothaft, Freddie Mac vice president and chief economist, said in a statement.

The jump in rates came after the yield on the benchmark 10-year Treasury note, a barometer for interest rates on mortgages and other loans, jumped last week to a six-month high of 3.75 percent. But yields on long-term Treasury debt have since edged back downward following lackluster economic reports.

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(Above is a Nice Visual of the Short Sale Process.. Owner owes $200,000 on Home.. Property is Worth $125,000.. Seller Finds Buyer, & Writes Purchase Contract for $125,000 & Asks the Bank to Absorb the Deficiency & Release Seller From the Debt.. This Can be  a 3-8-month Process, but Realtors are Trying to Speed it Up..)

Real estate pros push for better short sales

LONG ISLAND, N.Y. – May 11, 2009 – As anybody who has dealt with one knows, short sales should be renamed “long sales.” But that could be changing.

One of the real estate professionals leading the charge to revamp the short-sale process is George K. Wonica, owner of Wonica Real Estate & Appraisals on Long Island, N.Y., and chair of the National Association of Realtors® Conventional Finance and Lending Committee.

Wonica already has met with 10 mortgage bankers and servicers in Florida to address the problem, and plans a similar meeting this summer in Las Vegas. He points to the uniform short-sale form developed by the California Association of Realtors as an example of what the industry needs.

Short sales appear to be good for both banks and buyers. A study by Connecticut-based Clayton Holdings Inc. showed lenders from May to October 2008 lost an average 37 percent through short sales versus 56 percent on homes sold after foreclosure.

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