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Sarasota-Bradenton Real Estate Market: Statistics for November 2014

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that according to the Sarasota Association of Realtors® (SAR), "[d]espite a slower November sales month, the hot sales pace for the first 11 months of the year keeps Sarasota County on near-record pace for 2014, with the 10,621 closed sales coming in 364 sales ahead of the 2013 total at this time. With December 2014 sales already topping 500 by mid-month, the final annual total will almost certainly be the second highest ever recorded in the county." 

November 2014 sales dropped below 800 in Sarasota County with median sales price of $193,000 for single family homes and $175,000 for condos. Pending sales were at 725 while distressed properties - short sales or foreclosures - dropped to 21.2% of total sales, a sign of a healthy market. 

According to SAR President Peter Crowley, "[o]verall, the local real estate market continues to show strength and staying power, despite the November respite (...). The national economic numbers are the strongest in several years, and unemployment continues to drop. Our feeder markets in the northeast are getting healthier every month, and we expect new residents to continue to flock to our region."

To read the full November 2014 SAR Report, please click here

To learn more about real estate opportunities in the Sarasota area, contact KSI Realty at info@kijner.com.

Sarasota Real Estate Market: SAR Statistics for July 2014

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that according to the Sarasota Association of Realtors® (SAR), "[p]roperty sales in Sarasota County almost reached the 1,000 level for the fifth straight month in July 2014, falling just short at 928 closed transactions. In the county’s history, only once has such a five-month hot streak been accomplished (...)". 

614 single family homes and 285 condos were sold last July with median sales price of $201,000 and $205,000 respectively. A 3% increase for single family homes and a 5.1% increase for condos from the previous month. According to SAR President, Peter Crowley, “[w]hat is surprising is that July was the first month in six years that we’ve seen both property categories – single family and condos – top the $200,000 median sale price level. The last time that occurred was in August 2008. We may have reached new balanced, sustainable price points in the market.” 

Pending sales were at 834 while inventory dropped at 3,912. As for distressed properties, short sales or foreclosures represented 19.5% of total sales, a clear indication of a strong market returning to historic norms. 

To read the full July 2014 SAR Report, please click here

To learn more about real estate opportunities in the Sarasota area, contact KSI Realty at info@kijner.com.

Sarasota County market sales maintain steady pace

by Kijner & Sons International Realty


Kijner & Sons International Realty
 is pleased to announce that according to the Sarasota Association of Realtors® (SAR) "[p]roperty sales in Sarasota County for February 2014 maintained a very steady pace, and median sale prices for single family homes and condos also reflected market stability and integrity."

787 properties sold last month, with 32 being short sales and 131 foreclosures, while inventory rose to 5,000 and pending sales remained high. This decrease in short sales "may reflect the growing reluctance of mortgage lenders and banks to negotiate with delinquent property owners as the economy emerges from the great recession and the unemployment picture in Florida and across the nation improves." 

For the 12-months ending in February, median sales prices for single family homes were at $188,000 and for condos at $165,000.

According to SAR President, Peter Crowley, Sarasota County real estate market is steady and 2014 should be a good year, adding that "[v]olatility in real estate isn’t historically a healthy climate, so we don’t really mind the current state of the market. Sales levels are still quite high, and the moderation in median sales prices means the market has found a good equilibrium between buyers and sellers. We hope for the traditional price appreciation that this area normally enjoys as the season progresses.”  

To read the full February 2014 SAR Report, please click here

To learn more about real estate opportunities in the Sarasota area, contact KSI Realty at info@kijner.com.

Sarasota Real Estate Market: August 2013

by Kijner & Sons International Realty


Kijner & Sons International Realty
 is pleased to announce that "[t]he August 2013 property sales in Sarasota County stood at 957, a dozen sales less than recorded in July 2013, but 11.6 percent higher than in August 2012."

Median sales prices for single family homes were at $195,000 and for condos at $161,000. 
Pending sales stood at 864, inventory rose slightly to 3,793 and 499 properties listed for sale on the MLS as either short sales or foreclosures. 

According to SAR President, Roger Piro, “[t]he Sarasota County real estate market is healthy and robust (...) Clearly, the single family home market is currently leading the way, with the median sale price up 30 percent from last August. This is a competitive market, with low inventory and demand still at a fever pitch (...) We are optimistic that the remainder of 2013 will continue the positive trend in local real estate, and judging by the amount of foot traffic reported at open houses, the multiple property offers and the generally positive economy, we anticipate a great year and continued success into 2014." 

To read the full August 2013 SAR Report and get all the statistics, please click here

To learn more about real estate opportunities in the Sarasota area, contact Kijner & Sons International Realty at info@kijner.com.

Sarasota real estate market: Inventory drops to new decade low; sales remain high

by Kijner & Sons International Realty


Kijner & Sons International Realty
 is pleased to announce that "[t]he inventory of available homes in the Sarasota market fell to only 3,114 in June 2013 - the lowest level in longer than a decade, and an 18 percent drop from last year at this time. Declining inventory generally results in greater competition for available homes and condos and subsequent price escalation." 

A total of 883 properties sold last June; 642 single family homes and 241 condos with respective median sales prices of $200,000 and $192,500.

Pending sales stood at 1,024 while only 379 properties listed for sale on the MLS are either short sales or foreclosures. 

According to SAR President, Roger Piro, "[t]he Sarasota area is blessed with incredible natural beauty, great cultural assets and tremendous amenities that families enjoy year round (...). We have a tremendous real estat market, and more and more people are finding out about this area, across the nation and around the world."

To read the full June 2013 SAR Report and get all the statistics, please click here

To learn more about real estate opportunities in the Sarasota area, contact Kijner & Sons International Realty at info@kijner.com.

Sarasota real estate market: May 2013 Sales Hit New 8-Year High

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to announce that "[m]embers of the Sarasota Association of Realtors® sold 1,020 properties in May 2013, the second consecutive month that sales have hit four figures since June 2005 (...). There have now been only 11 months in SAR's 90-year history that sales have topped 1,000, with the other nine occuring in 2004 and 2005". 

A total of 737 single family homes and 283 condos with respective median sales prices of $220,000 - the highest since August 2008 - and $194,250 sold last month.

Pending sales rose to 1,157 while available inventory hit a new low at 3,297, a 16% drop since May 2012. Currently, only 333 properties listed for sale on the MLS are either short sales or foreclosures. 

According to SAR President, Roger Piro, "[m]any local real estate agents are reporting their busiest year ever, and the buyers seem to be everywhere. With the tight inventory, prices are heading up, so for those looking to buy properties in Sarasota, you shouldn't put off the purchase".

To read the full May 2013 SAR Report and get all the statistics, please click here

To learn more about real estate opportunities in the Sarasota area, contact Kijner & Sons International Realty at info@kijner.com.

Window's energy efficiency

by Kijner & Sons International Realty


With heating and cooling costs continuing to rise, it makes sense to look at one of the leading causes of energy inefficiency in the home: the windows. Installing energy-efficient windows can mean increased comfort as well as savings on utility bills in any climate. 

The transmission of air and light is generally the most important function of windows. However, this can mean heat loss in the winter, overheating in the summer, and higher energy bills. A typical home may lose up to 30% of its heat or cooling through windows. Properly installed energy-efficient windows can go a long way toward improving this situation. 

There are many factors that affect a window's energy efficiency. Whether they are single or multiple-paned, gas-filled, Low-Emittance (Low-E) coated, and even the material of the window frame all contribute to a window's performance. One excellent resource is www.efficientwindows.org, which provides detailed information on these specifications and how to select windows appropriate for various climates. An experienced window contractor can also be a good source of information and recommendations. 

Homeowners should check with their local utility to find out about possible rebates and other incentives for the purchase of new, energy-efficient windows. 

Of course, replacing windows is not always a viable option. However, there are steps homeowners can take to improve their energy savings without replacing windows such as making sure windows are properly caulked, keeping weather stripping in good repair, and using storm windows will help. Putting window coverings is another good way to reduce heat loss in winter and avoid overheating during summer. 

Improving energy efficiency throughout the home means cost savings to the homeowner. Energy-efficient windows are a significant step toward that goal. 

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Source: Article courtesy of Pillar to Post, 22 August 2012 http://www.pillartopost.com/email/20120822/online_remax.html

The Spring 2012 Paris Property & Investment Show - Our Conference

by Kijner & Sons International Realty

Kijner & Sons International Realty is pleased to share with you its latest conference in French "Real Estate in Florida: From Investment to Immigration" ("L'immobilier en Floride: De l'Investissement à l'Immigration")

Venue
Paris Property & Investment Show - Paris Expo Porte de Versailles (Hall 5, Village FNAIM)
Salon National de l'Immobilier - Paris Expo Porte de Versailles (Hall 5, Village FNAIM)

Country: France

Date: 30 March 2012

Time: 6:30 pm - 7:15 pm

Guest Speakers
Daniel Kijner (Senior Broker Owner of KSI Realty and Broker Associate with Re/Max Platinum Realty in Sarasota Florida)
Laura Kijner (Broker Owner of KSI Realty and Realtor® with Fortune International Realty in Miami, Florida)


Questions to Ask When Choosing a REALTOR®

by Kijner & Sons International Realty

Make sure you choose a REALTOR® who will provide top-notch service and meet your unique needs whether you are considering purchasing a property in Sarasota or Miami Florida.  

1. How long have you been in residential real estate sales? Is it your full-time job? While experience is no guarantee of skill, real estate — like many other professions — is mostly learned on the job. 

2. What designations do you hold? Designations such as GRI and CRS®* — which require that agents take additional, specialized real estate training — are held by only about one-quarter of real estate practitioners.

3. How many homes did you and your real estate brokerage sell last year? By asking this question, you’ll get a good idea of how much experience the practitioner has.

4. How many days did it take you to sell the average home? How did that compare to the overall market?

The REALTOR® you interview should have these facts on hand, and be able to present market statistics from the local MLS to provide a comparison. 

5. How close to the initial asking prices of the homes you sold were the final sale prices? This is one indication of how skilled the REALTOR® is at pricing homes and marketing to suitable buyers. Of course, other factors also may be at play, including an exceptionally hot or cool real estate market.

6. What types of specific marketing systems and approaches will you use to sell my home? You don’t want someone who’s going to put a For Sale sign in the yard and hope for the best. Look for someone who has aggressive and innovative approaches, and knows how to market your property competitively on the Internet. Buyers today want information fast, so it’s important that your REALTOR® is responsive.

7. Will you represent me exclusively, or will you represent both the buyer and the seller in the transaction? While it’s usually legal to represent both parties in a transaction, it’s important to understand where the practitioner’s obligations lie. Your REALTOR® should explain his or her agency relationship to you and describe the rights of each party.   

8. Can you recommend service providers who can help me obtain a mortgage, make home repairs, and help with other things I need done? Because REALTORS® are immersed in the industry, they’re wonderful resources as you seek lenders, home improvement companies, and other home service providers. Practitioners should generally recommend more than one provider and let you know if they have any special relationship with or receive compensation from any of the providers. 

9. What type of support and supervision does your brokerage office provide to you? Having resources such as in-house support staff, access to a real estate attorney, and assistance with technology can help an agent sell your home. 

10. What’s your business philosophy? While there’s no right answer to this question, the response will help you assess what’s important to the agent and determine how closely the agent’s goals and business emphasis mesh with your own.

11. How will you keep me informed about the progress of my transaction? How frequently? Again, this is not a question with a correct answer, but it reflects your desires. Do you want updates twice a week or do you not want to be bothered unless there’s a hot prospect? Do you prefer phone, e-mail, or a personal visit?  

12. Could you please give me the names and phone numbers of your three most recent clients?

Ask recent clients if they would work with this REALTOR® again. Find out whether they were pleased with the communication style, follow-up, and work ethic of the REALTOR®. 

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* For more information about KSI Realty's licenses and how we can assist you as Realtors® with your next investment project(s) in Florida, visit: http://www.kijner.com/About-Us & http://www.kijner.com/Daniel-Kijners-Licenses. You can also contact us at info@kijner.com


To look for all properties available in:

> The greater Sarasota area, click here

> The greater Miami and the beaches area, click here

Displaying blog entries 1-9 of 9

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Kijner & Sons International Realty
83-85 Boulevard de Charonne, 75011 Paris, France


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