• Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
Monday, March 27, 2023
Topnewsnet
  • Home 1
    • Posts
  • NEWS
  • BUSINESS & FINANCE
  • TECH
  • FASHION
  • LIFESTYLE
  • EDUCATION
  • HEALTH
  • ENTERTAINMENT
    • BIOGRAPHY
  • GENERAL
    • SPORTS
    • GAMES
    • Travel
No Result
View All Result
Topnewsnet
No Result
View All Result
Home BUSINESS & FINANCE

Roger Pettingell on Trends in Sarasota Real Estate

by topnewsnet
May 7, 2022
in BUSINESS & FINANCE
0
Roger Pettingell on Trends in Sarasota Real Estate
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Table of Contents

  • 3 Things Influencing Sarasota Property: Roger Weighs In On Important Trends
  • A Surging Economy
  • A Different Focus
  • International Buyers
  • Is the Market a Concern?
  • Roger Pettingell at Work and Home
    • topnewsnet

3 Things Influencing Sarasota Property: Roger Weighs In On Important Trends

Roger Pettingell has had an astonishing career in Florida, and his expertise in the luxury real estate market is unparalleled. As the top-producing agent in Florida for Coldwell Banker Realty, he talks more about the trends influencing prices and driving sales.

According to realtor.com, Sarasota topped the list of cities that saw the highest amount of appreciation since the beginning of COVID-19. The numbers have been astounding for ordinary buyers without endless capital, and homes are selling at record rates in the entire county.

If you’re wondering what exactly is driving the numbers, it’s best to take your cue from someone who has seen it all before. Roger is an agent who specializes in luxury real estate in Sarasota and Manatee Counties, and he opens up about what’s going on behind the scenes.

A Surging Economy

From cryptocurrency to the stock markets, many individuals have had unexpected windfalls as of late. Higher 401ks and lower interest rates have all made for more disposable income, resulting in more buyers investing in luxury real estate.

A Different Focus

Health, family, and community: These have been the primary motivations behind luxury sales in Sarasota County. Rather than being hyper-focused on the kind of imported marble in the kitchen, Roger Pettingell says that buyers are more interested in how the location and amenities will contribute to their overall sense of wellness.

It’s worth noting that Baby Boomers are the primary market for luxury real estate, though older millennials are beginning to make a name.

International Buyers

This county is seeing a solid return of foreign buyers. Combined with the US’s low inventory and power players, it’s created a perfect storm across Sarasota. (One estimate reported that more than 70% of people with a net worth of over $5 million now own properties somewhere between $1 – $5 million.)

Is the Market a Concern?

Professionals in the real estate industry may understandably express concern when demand seems like it’s getting out of hand. However, Roger Pettingell notes the clear reasons behind why sales are surging. Once interest rates start to inch back up, the market should adjust based on the extra costs for owners.

For now, though, some buyers in Sarasota may need to put their dreams on hold or be prepared for compromises.

If people are worried about these trends on a general level, though, this market does have a significant difference between, say, 2008. Because property owners have more equity on average, they’re less likely to walk away from their purchase. It’s a safeguard that should help Sarasota County avoid an economic downturn.

Roger Pettingell at Work and Home

Roger’s expertise is highlighted locally all around Florida, Sarasota, and Manatee areas. With five staff members who assist in making connections as well as offering tailored services to every client. Named as the #1 agent consecutively, Roger was also named the number one agent for Longboat Key, Bird Key, and Sarasota combined.

You can learn a lot about Pettingell’s ethics from his personal life. Roger is not just a loving husband and father. He is also passionate when it comes to giving back to his community.

Roger Pettingell supports local organizations and charities across the state. Names in the local community outreach businesses such as the Southeastern Guide Dogs Inc. to the WestCoast Black Theatre Troupe in Sarasota, Florida. He uses his resources to bring support to the people in his local neighborhoods.

topnewsnet

See author's posts

Share this:

  • Twitter
  • Facebook

Related

Tags: Roger PettingellRoger Pettingell on Trends in Sarasota Real EstateSarasota Real Estate
  • Trending
  • Comments
  • Latest
Wpc2027-Dashboard

Login and Dashboard to WPC2027

January 9, 2023
BAPE Hoodie Online

BAPE Hoodie Online

December 4, 2022
She-wolf Liana Jojua

She-wolf Liana Jojua and famous businessman ibrahim murat gündüz cooperation

January 16, 2023
How to log into Instagram from a mobile

How to log into Instagram from a mobile device or computer, or troubleshoot if you can’t login in Instagram

July 24, 2022
eating nutritious Foods

What are the advantages of eating nutritious Foods?

1
Peoples Jewelers

Peoples Jewelers Review | Is Peoples Diamonds real & good?

0
Trip To Egypt

Top 9 Things To Avoid During Your Trip To Egypt

0
Pizza Stones

Pizza Stones Vs Baking Steels

0
Entrepreneurial Success is Collective, Emir Ceric Unwraps his Bullseye to Success 

Entrepreneurial Success is Collective, Emir Ceric Unwraps his Bullseye to Success 

March 25, 2023
Your Ultimate Guide to the Maxi Cosi Stroller Car Seat

Your Ultimate Guide to the Maxi Cosi Stroller Car Seat

March 24, 2023
Qurban Festival and its impact on the environment

Qurban Festival and its impact on the environment

March 25, 2023
The Importance of Climate Action Planning: How Energy Efficiency Can Make a Difference

The Importance of Climate Action Planning: How Energy Efficiency Can Make a Difference

March 20, 2023
logo

Topnewsnet is a media company that provides online news, videos, opinions, and analysis.

The creation of Topnewsnet was in response to the transformation of the media landscape and the increasing demand for reliable and credible content.

Recent Posts

  • Entrepreneurial Success is Collective, Emir Ceric Unwraps his Bullseye to Success 
  • Your Ultimate Guide to the Maxi Cosi Stroller Car Seat
  • Qurban Festival and its impact on the environment

Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Home 1
  • Posts
  • Privacy Policy

Copyright © 2022 All Rights Reserved by TOPNEWSNET !

No Result
View All Result
  • About Us
  • Contact Us
  • Disclaimer
  • Home 1
  • Posts
  • Privacy Policy

Copyright © 2022 All Rights Reserved by TOPNEWSNET !