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Is New Rental Construction Keeping Up with Homes/Condos/Hotel Construction?

Monday, November 2, 2015   /   by Extreme Home Selling Team

Is New Rental Construction Keeping Up with Homes/Condos/Hotel Construction?

The Sarasota / Manatee County Area is kicking off its shroud of Underemployment, Unaffordable Housing and High Cost of Living.

The Jobs Outlook is brightening if you know when and where to focus, AND if you are willing to change direction! The Biggest Lesson learned from the Great Recession has to be Flexibility and Adaptability. More people CREATED their own Businesses or Positions to survive the constant upheaval in Corporate America but even THAT change in circumstances didn't guarantee Financial Stability.

Dog Eat Dog World    It was still a Dog-Eat-Dog World...

Second Street AptsAlong with the Disappearing Paycheck came Mass Home Foreclosures which threw many people back into the Rental Market creating a never-before-seen boon for Landlords and Property Owners, new and experienced alike. However, as the General Populace got back on their feet, they realized they were still in control of the marketplace. You "vote" with your dollars. When enough people walk away from a rental, the price WILL come down.

Sarasota is finally seeing an increase of Rental Unit Construction after years of complaints from the Work Force about an incredible Lack of Safe, Clean and truly Affordable Housing. Communities are in planning or under construction in a variety of price points. No need to worry about all the NEW PRODUCT only being at the Luxury Level... That means that people from the Mid-High market will move up to the Luxury High End; the Low-Mid will move up to Mid-High; and so on until the Market levels again.

Some of the Projects that are moving along are CitySide at Cocoanut Avenue & Boulevard of the Arts; The Springs at Bee Ridge along Cattlemen Road near I-75; One Palm on Palm Avenue; and an unnamed development on Second Street at Central Avenue (across from the Whole Foods Complex). The price points per month and unit sizes vary widely to accommodate many budgets.

If you are tired of being the Average Tenant who moves every 2 to 3 years, call the Extreme Home Selling Team and put us to work for YOU! We have the 9-4-1 on Down Payment Plans, Closing Cost Assistance, Rent-2-Own Programs and MORE!

Give us a Call! It's just a Conversation... That could change your Life!

941-584-8400, 9000
Jeff Kaplan, Customer Care Team
Shari Shepard, Team Admin
Laura Dobrin, Realtor - Buyer's Agent

Shari Shepard  Shari Shepard
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Andrew Scherer
1549 Ringling Blvd. Suite 600
Sarasota, FL 34236
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