| June 30, 2005 |
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Despite huge increases in prices, Sarasota, Florida, homebuyers are undeterred from wanting to buy homes, say local Realtors.
She continues, "Your hunger for theatre can be filled by the Foreign Film Festival, the Asolo Theatre Company, Florida Studio Theatre, Island Players, Lemon Bay Playhouse, or Theatre Works, for a start. If you want to add music to your diet, you could begin with the Florida West Coast Symphony, Key Chorale, Gloria Musicae, the Jazz Club of Sarasota, Sarasota Ballet of Florida, Sarasota Blues Society, Sarasota Opera Association, or the Sarasota Concert Band. You also have a large number of choices when you look for educational opportunities, spectator or participant sports, boating and other water activities, restaurant styles, museums, state parks, or fresh citrus." McCarthy advises, "Where are your investments? Sarasota is continuing to maintain a very aggressive market at this time, properties are appreciating at historic proportions. In 2004 properties appreciated at 33 percent! Inventory is low and sellers are reaping the rewards. Sarasota, together with its neighbors to the north and south, Manatee County and Charlotte County, form the 7th-largest market in Florida. It is also Florida's third-fastest growing major market." She continues, "With over 600,000 people, the Sarasota/Manatee/Charlotte area is one of the largest, most affluent markets in Florida. In the last 5 years, it has grown 4 times faster than the national average. The per capita retail sales are almost 20 percent above the national average. It has a strong base of retirement age people, about a third of the population, but the fastest-growing segment of the market is middle-aged adults and their children."
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