Prudential Palms Realty sold 30% more units in April 2009 than in April 2008, making last month the strongest in the company’s seven-year history in terms of the number of properties sold.
“People who have kind of been holding out are now convinced that it has bottomed out,” said W. Howard Rooks, the company’s director of development.
According to Prudential Palms Realty broker/owner Helen Sosso, much of the increase comes from short sales and foreclosures, which now account for 75% of the company’s business.
Sosso said that the company has recently gotten more calls from outside the state, including many from baby boomers who aren’t ready to move to the area yet but plan to do so in the next few years.
“We’ve seen many multiple offers that we haven’t seen for a number of years,” Sosso said.
Prudential Palms Realty merged with Rooks Morris Real Estate in January. The company has approximately 265 agents serving Manatee, Sarasota and Charlotte counties.
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2 Power Networking Seminar
4:00 pm - 6:30 pm
2 Florida's Children First 2014 Sarasota Reception
5:30 pm - 7:30 pm
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Golfer sees swinging success
Longboat Key resident Arlene McKitrick celebrated her 200th golf championship win this week at Sara Bay Country Club in an FSGA event.
Mote receives NOAA grant
Mote Marine Laboratory recently received a $99,615 grand for its dolphin and whale rehabilitation efforts from the National Oceanic and Atmospheric Administration (NOAA).
Correction: Heitlers to net 75 years in April
In its Sept. 18 issue, the Longboat Observer featured Plymouth Harbor resident George Heitler, a lifelong tennis player who has played tennis for most of his 99 years and is a regular at the Longboat Key Public Tennis Center.