Sarasota Florida Real Estate Newsletter

October, 2003

Featured Community - Summerwood II  Located north of Bee Ridge Road on the downtown side of the interstate, This community is very centrally located with easy access to downtown, shopping, and beaches. With only 3 new homes remaining for sale, this is a prime opportunity for a close-out price reduction.  The best deals are always on the very first and very last homes sold in any subdivision. Pricing ranges from $209,000 to $263,000.  Click here to request more info

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Today's Interest Rates:
30 year fixed - 6%
15 year fixed - 5.375%
5/1 ARM - 5.0%
3/1 ARM - 4.375%
 

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Real Estate News
Condo vs. Single Family home? Buyers of condominium properties enjoy many of the same benefits as single-family homebuyers and then some. But there are a few issues that buyers should know of before they make a decision. Association by-laws, cash reserves and management fees are a few things to look at closely before buying a condominium.  Read More...

Investment Opportunity Update - The Cascades at Sarasota has been selling even faster than we anticipated. With the first phase of homes completely sold out, we think there will still be some very good investments available when the second phase is released in early November. This is the only age restricted gated community with new single family homes in the Sarasota - Manatee area. Pre-construction prices range from $175,000 to $264,000. Click here for more info and sample photo's


© Copyright 2003 Margo Miller, Realtor, Florida Gulf Coast Realty, LLC. Licensed Real Estate Brokerage
4975 Ringwood Meadow, Sarasota, FL 34235 | Phone 941-928-8241 | email margo@kwf.net
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