Sarasota Florida Real Estate Newsletter

June, 2004

Heritage HarbourFeatured Community - Heritage Harbour  Centrally located in southern Manatee County, this 2,500 acre gated golf course community offers something for everyone with a magnificent waterfall entrance, fishing pier, picnic area, jogging track, 70 acre lake, and many more amenities. Prices currently range from 180K to well over 400K, but with all this community has to offer we expect home prices to see very strong appreciation. There are right now some excellent opportunities available in this community for investors or owner occupants. Who says you can't enjoy your best real estate investment?  Click here for more info

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Today's Interest Rates:
30 year fixed - 6.25%
15 year fixed - 5.875%
5/1 ARM - 5.75%
3/1 ARM - 4.625%
 

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103-0381_IMG.JPG (123444 bytes)Real Estate News - Starker 1031 Exchanges Becoming More Popular.  It’s an understatement to say that the 1031 exchange has become a driving force in investment real estate transactions. On the West Coast, an estimated 80 percent of all deals involve exchanges, which enable investors of all sizes to defer the dreaded capital-gains tax by snapping up other pieces of property of equal or greater value. Tax specialists say that the volume of 1031 exchanges nationally has risen 25 percent over the last three years. Read More...

Considering A Second Home?
Everybody's doing it: Prices in coastal towns and resort areas have risen sharply in recent years
and the Sarasota market is no exception. The most recent studies show Sarasota and the Gulfcoast area of Florida to be in the top ten places nationwide when people buy a second home  Read More...


© Copyright 2004 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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