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.
Currently 0 Responses
5 HOLIDAY BAZAAR
10:00 am - 5:00 pm
5 Catherine Reghere Trunk Show
10:00 am - 6:00 pm
5 Textile Art - Paint A T-Shirt or Dress
1:00 pm - 4:00 pm
5 Holiday Party! Business After Hours
5:00 pm - 7:00 pm
5 Spirits of Life: Portraits from the Art of Living
5:00 pm - 4:00 pm
5 Siesta Key Association Board Meeting
5:00 pm - 7:00 pm
5 Wine, Dine, and Pine
6:00 pm - 8:00 pm
5 Designing Daughters Runway Show
6:00 pm - 10:00 pm
Grand Bay condo sells for $1.25 million
Sand-Ral Inc. sold the Unit 156 condominium at 3060 Grand Bay Blvd. to Costello Family Ltd. Partnership for $1.25 million.
Riverdale home tops sales at $620,000
Marie Pyne, trustee, of Bradenton, sold the home at 4625 Shark Drive to Paul and Susan Genello, of Bradenton, for $620,000.
Four-bedroom home in South Creek sells for $850,000
Jesse and Nancie Ehrlich, of Sarasota, sold their home at 1780 Island Way to Matthew and Katrina Otchet, of Osprey, for $850,000.