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Interesting articles coming out now, my favorite is "The Freefall is over". To call what we have been though as a nation a recession is putting it mildly, but that we are beginning a recovery is likely. I remember in school, (not going into how long ago that way), simple economic indicators would tell economists how the country was fairing. Well folks the little needle has moved a little to the left! The "freefall" of equity loss has stabilized; I found it interesting that the doomsayers have reported of $4 Trillion loss of equity. Actually how much of that 4 trillion was inflated? Is your home worth as much as it was before the bubble? I know my own home is up in value, not by much but still up from 2004. If I had sold it during the bubble I might have made a bundle, but you know what, I love my house. I would also have bought at an inflated price and might be in serious trouble now. There is a great web site out there www.zillow.com that you can type in the address of your home and it will give you the statistics. A great chart will show values for 1 year, 5 years or 10 years, in dollar amounts or percentages. I don't believe zillow is right about estimate of value, there are too many intangibles that software can't compensate for. Anna Maria Island has been spared, at Sato Real Estate we felt the freefall, and we winced when we heard of a foreclosure or another property going short sale. We advised our clients to take their properties off the market if they didn't have to sell. We were blunt and honest about pricing homes, telling many what they didn't want to hear. Revamping our style to include talks of owner financing, preapproval letters and 20% down. Our rental department has flourished as folks have turned to rental income to help offset the costs of a second home. We will be the first to recover; our beautiful white sandy beaches and the gorgeous warm waters of the Gulf will always be the destination of many. Tourists, retiree's or second home buyers are out there and they are looking! Debi Varelis Sato Real Estate |
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I am excited to introduce my new website regarding Anna Maria Island information. The website includes my blog regarding general Anna Maria Island information supplying plenty of information on things to do on Anna Maria Island. It also includes a blog discussing Anna Maria, FL Vacation Rentals, and finally an Anna Maria Real estate information blog.
I hope that the new website that pulls everything together helps visitors to the island. Take a look and check out www.AnnaMariaPropertySpecialist. Finally, an IDX link allows for plenty of real estate property searches.
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I just updated my blog post on ReynoldsRealty.com with a new video of Anna Maria Florida. Be sure to go and check it out and let me know what you think of it.
If you are looking to find homes in the area be sure to check out www.ManateeHomeSearch.com and get listings emailed right to you without even talking to me so you can get your listings at 3 AM if you wish.
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It's official, the state route 64 bridge that connects Anna Maria Island to the mainland is open! More than a week early the island tonight had a buzz. I received several text messages, a phone call, and it was announced over our public announcement system in our office, "The bridge is open, the bridge is open."
The bridge closure was a non-event. I heard very little complaining regarding traffic. Sure, no one was happy to take the long way to Manatee avenue but the Florida Department of Transportation did a fantastic job. My compliments to the leadership of the project. It's not often my expectations are exceeded and in the case of the State Route 64 Anna Maria Island Bridge repair project, my expectations as a business person were far exceeded.
The Anna Maria Island bridge the gap events were a fantastic addition to paradise while the bridge was closed. We still have a few events planned that will be sure to converted into a large celebration that the bridge is open, the bridge is open. Life in paradise is still darn good! Nice job FDOT!
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With all the media reporting "the sky is falling", I have decided to take advantage of the not so crazy time on Anna Maria Island. October and November are my favorite months on the island, the weather is getting cooler and it is a perfect time to walk the beach and remember why we are here. We sometimes get so busy running around showing property that we miss the real beauty of Anna Maria. I remember one day showing property at the north end of the island with another Realtor and she stated, "Wow, I have never seen this part of the island before"...OK... I know for myself it is important to take advantage of this quiet time, it will not last. It is a great time to breathe in some new energy and get ready for the season that is upon us. Everyone, do yourselves a favor and take some time out to relax and regroup. Whether it is taking time with the family or putting your marketing schedule together while sitting outside in a comfortable chair, now is a good time to take a deep breath and appreciate your surroundings.
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