Driving through Laurel Oak Country Club is a nature lovers delight. The two championship courses have Audubon certification. Deer and other wildlife are everywhere. But hey...it's all about golf...the West course ( redesigned by famed "US Open Doctor" Rees Jones ) has five sets of tees and is a fair test for all skill levels. The East Course ( designed by Gary Player ) winds through the community.
There are presently 41 homes for sale in all price ranges...8 in the $400k to 500k range, 10 in the $600's, 6 in the 700's, 7 in the $800's, 2 in the $900's and 8 above 1 million. The vast majority of the homes were built in the mid to late 90's.
There are some interesting membership deals that were just mailed to me. Firstly a "Try Us Out" membership...$1000 golf & tennis flat fee from May 15 to October 15.
An "Annual Associate Membership" would give you free golf dues for 12 months if you
join for a one time fee of $9,800. And finally, there is a full membership with special pricing if you are under 50. Under 50's can join for as little as $3,150 down for a golf membership with 50% off dues through age 40 and then reduced fees until you reach 50. Too much detail to go through in depth here, but I would be happy to go through the memberships and home choices if you drop me a line.
Wednesday, May 20, 2009
Friday, May 15, 2009
Spotlight on Lakewood Ranch Golf & Country Club
Looking back over my blogs, it seems I have been giving too much attention to The Oaks. Allow me to branch out to all of the other terrific golf communities we have to offer...starting with Lakewood Ranch Golf and Country Club. A private club with less than 600 members, LWR consists of three courses. The King's Dunes (2004) and Cypress Links (2001) golf courses were designed by Arnold Palmer, and Country Club East (2008) by Rick Robbins. This club is full service...large practise tees, multi- level, double-ended range ( great for avoiding the sun in your eyes at dawn or dusk)
3 putting greens, several chipping greens and practice bunkers.
I have sold two homes there in 2009...and both were all about golf...even though home owners need not join to live there. As mentioned in a previous blog, builders are starting to offer more than an upgrade to the appliances or granite countertops to move homes. Some select builders are offering to throw in a membership with a purchase...and at $52,000 ( 100% refundable equity !) this is not chump change.
This offer is good for some homes in The Lake Club as well.
This community took years of careful planning and flawless execution to become
the "greenest community in North America". The developers were totally respectful of nature...which is why it has such a comfortable, established feeling. When they say Master Planned community they mean it...you don't have to leave the community to shop, work out, worship, go to the movies or the hospital...I mean it has it all. Even a polo club !
And maybe the best part...homes at every price point. The majority of homes are in the $500k to $700k range...but depending on size, they can be far less (high $200's) and far more...over $3 million at the top end. But all co-exist nicely in this
community that has over 100 miles of hiking trails, a water park and a dog park.
Feel free to e-mail for sample homes in your price range.
3 putting greens, several chipping greens and practice bunkers.
I have sold two homes there in 2009...and both were all about golf...even though home owners need not join to live there. As mentioned in a previous blog, builders are starting to offer more than an upgrade to the appliances or granite countertops to move homes. Some select builders are offering to throw in a membership with a purchase...and at $52,000 ( 100% refundable equity !) this is not chump change.
This offer is good for some homes in The Lake Club as well.
This community took years of careful planning and flawless execution to become
the "greenest community in North America". The developers were totally respectful of nature...which is why it has such a comfortable, established feeling. When they say Master Planned community they mean it...you don't have to leave the community to shop, work out, worship, go to the movies or the hospital...I mean it has it all. Even a polo club !
And maybe the best part...homes at every price point. The majority of homes are in the $500k to $700k range...but depending on size, they can be far less (high $200's) and far more...over $3 million at the top end. But all co-exist nicely in this
community that has over 100 miles of hiking trails, a water park and a dog park.
Feel free to e-mail for sample homes in your price range.
Thursday, April 09, 2009
How To Avoid High Country Club Fees in Sarasota
One need not live in a golf course community in order to be a member there. Take The Oaks Golf and Country Club in Osprey. If you own property in the community you are obligated to be a member. The membership fee is currently $64,500, although roughly
two thirds of that is refundable equity. But if you live outside the community, you can join as an "Associate Member". You get all the benefits of a resident member ( full golf, tennis and social activities with no restrictions ) for a greatly reduced fee. A one time charge of $7,500 plus the identical monthly dues of a resident member. The only benefit you don't get is a voting right. But what a trade off...no voting right means you never share in an assesment either !
So where to live close by ? Try Silver Oak...a prestigious and sophisticated neighbourhood less than 10 minutes to your tee-time. Silver Oak features 181 single family homes including a maintenance free section. It is one of the newest neighbourhoods in Palmer Ranch. Silver Oak occupies 230 acres of sumptuous landscape and includes 115 acres of nature preserves. The homes were built by some of Sarasota's top builders including John Cannon Homes, Todd Johnson Homes and Bamboo Development.
This gated community features large homes on nature preserves or lakes and is divided into two sections - The Estates and The Vineyards. Lot's of nature trails, tennis, and a community clubhouse. And not just minutes away from The Oaks. It is even closer to TPC Prestancia...another 36 hole course well worth investigating.
Call or e-mail me if you would like to receive some samples of home choices within Silver Oak.
two thirds of that is refundable equity. But if you live outside the community, you can join as an "Associate Member". You get all the benefits of a resident member ( full golf, tennis and social activities with no restrictions ) for a greatly reduced fee. A one time charge of $7,500 plus the identical monthly dues of a resident member. The only benefit you don't get is a voting right. But what a trade off...no voting right means you never share in an assesment either !
So where to live close by ? Try Silver Oak...a prestigious and sophisticated neighbourhood less than 10 minutes to your tee-time. Silver Oak features 181 single family homes including a maintenance free section. It is one of the newest neighbourhoods in Palmer Ranch. Silver Oak occupies 230 acres of sumptuous landscape and includes 115 acres of nature preserves. The homes were built by some of Sarasota's top builders including John Cannon Homes, Todd Johnson Homes and Bamboo Development.
This gated community features large homes on nature preserves or lakes and is divided into two sections - The Estates and The Vineyards. Lot's of nature trails, tennis, and a community clubhouse. And not just minutes away from The Oaks. It is even closer to TPC Prestancia...another 36 hole course well worth investigating.
Call or e-mail me if you would like to receive some samples of home choices within Silver Oak.
Tuesday, March 24, 2009
New Management at Bent Tree Country Club
Pope Golf Management took over managing Bent Tree Country Club at the beginning of the year. Doug Mochrie, a teaching pro at Sarasota Golf Club, has been named the new golf pro at Bent Tree.
Golf rates are still very attractive, and the community is flush with home purchase possibilities. Single family homes with large lots are available in all price ranges.
Call or e-mail me for sample listings.
Golf rates are still very attractive, and the community is flush with home purchase possibilities. Single family homes with large lots are available in all price ranges.
Call or e-mail me for sample listings.
Kids Play Free at The Meadows
The Meadows Country Club will continue it's "Kid Play Free" program for 2009. Juniors can play free when accompanied by a paying adult.
The program, which began in 2006, was designed to work in tandem with The Meadows involvement with the Greater Sarasota Junior Golf Association.
Mike McClellen, The Meadows Country Club's director of golf, is the president of the Greater Sarasota Junior Golf Association.
The association's mission is "to open the doors to the world of golf for juniors in the greater Sarasota area through instruction and competitive programs."
For more information on "Kids Play Free" or for addtional information on the type of homes available ( and price ranges) at The Meadows, give me a call at 941-993-3160.
The program, which began in 2006, was designed to work in tandem with The Meadows involvement with the Greater Sarasota Junior Golf Association.
Mike McClellen, The Meadows Country Club's director of golf, is the president of the Greater Sarasota Junior Golf Association.
The association's mission is "to open the doors to the world of golf for juniors in the greater Sarasota area through instruction and competitive programs."
For more information on "Kids Play Free" or for addtional information on the type of homes available ( and price ranges) at The Meadows, give me a call at 941-993-3160.
Thursday, March 12, 2009
Deals, Deals, Deals...Private Clubs at Cut Rate Prices
There are some good aspects of a down economy. Not only are home prices in and around Sarasota dropping...but so are initiation and fees at private golf course communities. Take the following for example...The Meadows Country Club has waived its $2000 initiation fee should you agree to be a member for the next two years.
In Lakewood Ranch a number of participating builders have just announced that a full Lakewood Ranch Golf & Country Club membership will now be included in certain new home sales. That's a value of $52,000 !
The Golf Club at Capri Isles, Calusa Lakes and Waterford Golf Club have waived their initiation fees that were $3000 just two years ago. Misty Creek Golf Club in Sarasota has created a six-month trial membership and a $75 "VIP Day Guest Pass". And finally, Sara Bay ( a terrific Donald Ross design ) has dropped the initiation fee from $25,000 to $18,000. Ask me about home choices in and around any of these courses. I had two sales in Lakewood Ranch Golf & Country Club last month ( February) and one at The Oaks in Osprey. Things are starting to move because prices have moved.
In Lakewood Ranch a number of participating builders have just announced that a full Lakewood Ranch Golf & Country Club membership will now be included in certain new home sales. That's a value of $52,000 !
The Golf Club at Capri Isles, Calusa Lakes and Waterford Golf Club have waived their initiation fees that were $3000 just two years ago. Misty Creek Golf Club in Sarasota has created a six-month trial membership and a $75 "VIP Day Guest Pass". And finally, Sara Bay ( a terrific Donald Ross design ) has dropped the initiation fee from $25,000 to $18,000. Ask me about home choices in and around any of these courses. I had two sales in Lakewood Ranch Golf & Country Club last month ( February) and one at The Oaks in Osprey. Things are starting to move because prices have moved.
Thursday, February 12, 2009
If your favorite store was having a huge sale would you wait for the last day ?
Be it a beach front condo, a golf course home or downtown penthouse with a view..... if you delay today .....your choice for that perfect property will be limited.
Here in Sarasota it's just that straight forward.
I have been working with buyers recently that have missed out on a deal because they were too concerned about thinking the prices might come down. Sure that is true for some. But when you see a great opportunity trust your instincts ..don't second guess.. Trust yourself, trust me.
Make that offer !!
Here in Sarasota it's just that straight forward.
I have been working with buyers recently that have missed out on a deal because they were too concerned about thinking the prices might come down. Sure that is true for some. But when you see a great opportunity trust your instincts ..don't second guess.. Trust yourself, trust me.
Make that offer !!
Friday, February 06, 2009
More on Lakewood Ranch Sports Club/Academy
Kriek Plans LWR Sports Club/Academy
Lakewood Ranch developers hope to turn this region to a home base for tomorrow’s athletic stars. Plans for the $110-million Springbok Sports Club and Academy were unveiled at a special event Thursday morning.
The University Parkway facility would house tennis, golf, swimming and gymnastics academies, for use primarily by aspiring athletes paying tuition of $25,000 to $40,000 to train most of the year. Tennis champion Johan Kriek and golf pro Rick Smith are both attached to the effort, and talks with an undisclosed swimming gold medalist are underway. Iowa Sports Management would run the facility.
“This will be unique in the world of sports,” Kriek said. “This is the start of a second dream in tennis for me.”
The facility is expected to open in 2010, though developers acknowledged a challenging financing environment. Corvus International CEO Tim Morris said the development should handle 2,500 members at first, and eventually handle about 5,000 including family members. Swimming, baseball and bowling facilities are planned on the site.
A health club associated with the project would be useable by the local population. London Bay Homes is also affiliated with the effort and hopes to attract families of the athletes to move here. A 500-bed dorm is also planned.
Lakewood Ranch developers hope to turn this region to a home base for tomorrow’s athletic stars. Plans for the $110-million Springbok Sports Club and Academy were unveiled at a special event Thursday morning.
The University Parkway facility would house tennis, golf, swimming and gymnastics academies, for use primarily by aspiring athletes paying tuition of $25,000 to $40,000 to train most of the year. Tennis champion Johan Kriek and golf pro Rick Smith are both attached to the effort, and talks with an undisclosed swimming gold medalist are underway. Iowa Sports Management would run the facility.
“This will be unique in the world of sports,” Kriek said. “This is the start of a second dream in tennis for me.”
The facility is expected to open in 2010, though developers acknowledged a challenging financing environment. Corvus International CEO Tim Morris said the development should handle 2,500 members at first, and eventually handle about 5,000 including family members. Swimming, baseball and bowling facilities are planned on the site.
A health club associated with the project would be useable by the local population. London Bay Homes is also affiliated with the effort and hopes to attract families of the athletes to move here. A 500-bed dorm is also planned.
Thursday, February 05, 2009
Lakewood Ranch Announces $110 Million Sports Complex
Lakewood Ranch, in conjunction with Corvus International, Iowa Sports Management and Johan Kriek Tennis, will soon unveil plans for a new $110+ million sports, spa and training complex.
The complex, which will be located at the most eastern end of Lakewood Ranch in Manatee County, will bring international attention to Lakewood Ranch, Manatee and Sarasota counties and the entire region. It will be one of the largest facilities of its type in the country and will provide for a much needed influx of construction related jobs and activity along with stable, long-term employment opportunities. Watch the newspapers for more details
The complex, which will be located at the most eastern end of Lakewood Ranch in Manatee County, will bring international attention to Lakewood Ranch, Manatee and Sarasota counties and the entire region. It will be one of the largest facilities of its type in the country and will provide for a much needed influx of construction related jobs and activity along with stable, long-term employment opportunities. Watch the newspapers for more details
Wednesday, February 04, 2009
The Oaks Golf and Country Club....not just a Golf Club.....
Have you seen the new wine list?
We now have over 90 white and 130 red wines to choose from, including 25 by the glass!
The list is structured by region of origin and priced to provide members added value to their dining experience. This should not be missed!
Four wines are featured this year to commemorate the twenty fifth anniversary. These wines are offered at a 25% discount from the listed price, which includes two new wines made by Melissa Bates, a twenty year veteran of California wine making. Also, featured is B.R. Cohn's Cabernet Sauvignon, Silver Label, (found on area restaurant's wine lists at TWICE THE PRICE!) and Hanzell Chardonnay, 2004, a wine made from California's oldest chardonnay vineyard, after fifty years, still setting the standard for "Grand Cru" style from Sonoma Valley.
What did our G.M. bring back from wine country last year, you ask? Answer: Some fantastic wines NOT AVAILABLE ANYWHERE OUTSIDE OF CALIFORNIA!!!
Speaking of wine, we now have a new "wine tasting dinner menu" every Friday and Saturday night in the Glen Room patterned after our famed wine dinners. The menu offers four courses with wine pairing suggestions by the Club's "Sommelier", Ted Straub. Try the pairings or make your own, it is a great way to experience the best of The Oaks Club culinary team.
We now have over 90 white and 130 red wines to choose from, including 25 by the glass!
The list is structured by region of origin and priced to provide members added value to their dining experience. This should not be missed!
Four wines are featured this year to commemorate the twenty fifth anniversary. These wines are offered at a 25% discount from the listed price, which includes two new wines made by Melissa Bates, a twenty year veteran of California wine making. Also, featured is B.R. Cohn's Cabernet Sauvignon, Silver Label, (found on area restaurant's wine lists at TWICE THE PRICE!) and Hanzell Chardonnay, 2004, a wine made from California's oldest chardonnay vineyard, after fifty years, still setting the standard for "Grand Cru" style from Sonoma Valley.
What did our G.M. bring back from wine country last year, you ask? Answer: Some fantastic wines NOT AVAILABLE ANYWHERE OUTSIDE OF CALIFORNIA!!!
Speaking of wine, we now have a new "wine tasting dinner menu" every Friday and Saturday night in the Glen Room patterned after our famed wine dinners. The menu offers four courses with wine pairing suggestions by the Club's "Sommelier", Ted Straub. Try the pairings or make your own, it is a great way to experience the best of The Oaks Club culinary team.
Tuesday, January 13, 2009
Oaks Golf and Country Club
NEXT SATURDAY... January 17th
The Oaks will mark 25 years of extraordinary living ~
two beautiful golf courses, great tennis courts,
fine dining, and a thriving social life
in a well-managed, financially strong Club !!
Call me today about membership and residential opportunities in the Oaks Golf and County Club. 1888-755-2637 or 993-3160
The Oaks will mark 25 years of extraordinary living ~
two beautiful golf courses, great tennis courts,
fine dining, and a thriving social life
in a well-managed, financially strong Club !!
Call me today about membership and residential opportunities in the Oaks Golf and County Club. 1888-755-2637 or 993-3160
Wednesday, January 07, 2009
today's 30 year conforming fixed rate is at 4.875%.......Not sure how long this will last!
This is for purchases only……...
This is for purchases only……...
Thursday, December 11, 2008
Oak Ford reopening Monday
Published: Thursday, December 11, 2008 at 1:00 a.m. Sarasota Herald Tribune
Down but not out, Oak Ford Golf Club is reopening Monday under with a new management team headed by PGA pro John Trexler.
That is good news for area and visiting golfers who are looking for a place to play with reasonable rates. Oak Ford had been closed since August because of financial woes.
Trexler, the general manager and head pro, has set the rates at $32 in the morning and $23 in the afternoon, including carts. He said those rates will be good until the end of the year.
For the opening, only 18 of the 27 holes will be ready for play. The Palms and Live Oaks nines have received some tender loving care from the maintenance crew. The tee boxes have been improved, and the greens look spiffy.
Designed by Ron Garl, Oak Ford was first opened in 1989. It has been a popular place for golfers who want to get away from the developmental courses.
"This is country golf at its finest," said Trexler. "And it will remain country golf."
The driving range needs more work and will not be ready for opening day.
Trexler had been an assistant and head pro at Oak Ford for over eight years before moving to Rosedale as an assistant.
Oak Ford is located off Fruitville Road in Sarasota, about 10 miles east of I-75.
Call me for information on homes for sale in Oakford...993-3160
Published: Thursday, December 11, 2008 at 1:00 a.m. Sarasota Herald Tribune
Down but not out, Oak Ford Golf Club is reopening Monday under with a new management team headed by PGA pro John Trexler.
That is good news for area and visiting golfers who are looking for a place to play with reasonable rates. Oak Ford had been closed since August because of financial woes.
Trexler, the general manager and head pro, has set the rates at $32 in the morning and $23 in the afternoon, including carts. He said those rates will be good until the end of the year.
For the opening, only 18 of the 27 holes will be ready for play. The Palms and Live Oaks nines have received some tender loving care from the maintenance crew. The tee boxes have been improved, and the greens look spiffy.
Designed by Ron Garl, Oak Ford was first opened in 1989. It has been a popular place for golfers who want to get away from the developmental courses.
"This is country golf at its finest," said Trexler. "And it will remain country golf."
The driving range needs more work and will not be ready for opening day.
Trexler had been an assistant and head pro at Oak Ford for over eight years before moving to Rosedale as an assistant.
Oak Ford is located off Fruitville Road in Sarasota, about 10 miles east of I-75.
Call me for information on homes for sale in Oakford...993-3160
Thursday, December 04, 2008
Oaks Golf and Country Club Lot DEALS !!
Previously $ 729,900 NOW $ 199,000 -- 410 Blue Garden Way
Previously $ 539,000 NOW $ 249,000 -- 744 N. MacEwen Dr.
Call me if you are interested 941-993-3160
Previously $ 539,000 NOW $ 249,000 -- 744 N. MacEwen Dr.
Call me if you are interested 941-993-3160
Thursday, October 09, 2008
[NEWS] Saunders Addresses NAEA in London
Michael Saunders, founder and president of Michael Saunders & Company, addressed the National Association of Estate Agents at their 2008 International Forum, in London, England.
The NAEA is the United Kingdom’s equivalent of the U.S.’s National Association of Realtors.
Following her speech, Saunders was interviewed for British television, billed as one of America’s top real estate experts.
Invited to address the gathering for her general knowledge of American real estate and property marketing—but especially for her mastery of the art of international property networking—
Saunders addressed the forum on the values of focused cross-border brokerage relationships at a time when real estate markets are reeling from the effects of the global housing, credit and financial crisis.
The invitation to address the prestigious gathering was extended by Mayfair International Realty with whom Michael Saunders & Company has an exclusive trans-Atlantic brokerage affiliation.
Michael Saunders, founder and president of Michael Saunders & Company, addressed the National Association of Estate Agents at their 2008 International Forum, in London, England.
The NAEA is the United Kingdom’s equivalent of the U.S.’s National Association of Realtors.
Following her speech, Saunders was interviewed for British television, billed as one of America’s top real estate experts.
Invited to address the gathering for her general knowledge of American real estate and property marketing—but especially for her mastery of the art of international property networking—
Saunders addressed the forum on the values of focused cross-border brokerage relationships at a time when real estate markets are reeling from the effects of the global housing, credit and financial crisis.
The invitation to address the prestigious gathering was extended by Mayfair International Realty with whom Michael Saunders & Company has an exclusive trans-Atlantic brokerage affiliation.
Thursday, October 02, 2008
Oaks Golf and Country Club Bay Side Residence
Previously listed for 7 million +
now offered at $ 4,950,000.
This Georgian-inspired design with it's sweeping staircase entrance is like an embrace of Southern hospitality. Perhaps the most thoughtfully conceived and brilliantly executed residence on Sarasota's bayfront.
Rich layered views over nature preserve and intracoastal waterway to the Gulf of Mexico on the horizon offer dramatic sunsets.
To view more photos go to http://www.jamesdohertyrealestate.com/
and click onto the Oaks under Golf Communities.
While you are there view all properties for sale in the Oaks.
[TALK] LBK Club Announces Expansion Plans for a $400-million enhancement of the Longboat Key Club and Resort were announced on Wednesday.
Preliminary drawings were submitted to Longboat Key’s building department on Wednesday morning. “We think this improves paradise on Longboat Key, and comes at a crucial time for everyone,” said Katherine Songster, public relations manager for the resort.
Resort owners want to build two nine-story golf club condominium buildings with 132 living units, an eight-story hotel with 196 rooms and 34 condominium homes, 10 luxury town homes, a 28,000-square-foot wellness center, a 17,000-square-foot meeting center and administration office and an 18-hole Rees Jones-designed golf course with a 14,000-square-foot clubhouse.
The resort had announced more intensive plans in April which featured larger buildings and $100 million greater investment.
Company officials say the resort is expected to generate $16 million in surplus money over the next 30 years and add seven to 12 percent to neighboring home values above market appreciation.
Town officials said the project is the biggest development plan under consideration on the key in years. “We are a primarily built-out community from one end to the other," said Monica Daigle, director of planning, zoning and building.
The project is still in pre-application talks with staff. Once a formal application is submitted, it must go to the Planning and Zoning board for a recommendation before it goes to the Town Commission for final approval.
Songster expects a planning hearing this year and a commission vote early next year.
I will keep you posted.
Preliminary drawings were submitted to Longboat Key’s building department on Wednesday morning. “We think this improves paradise on Longboat Key, and comes at a crucial time for everyone,” said Katherine Songster, public relations manager for the resort.
Resort owners want to build two nine-story golf club condominium buildings with 132 living units, an eight-story hotel with 196 rooms and 34 condominium homes, 10 luxury town homes, a 28,000-square-foot wellness center, a 17,000-square-foot meeting center and administration office and an 18-hole Rees Jones-designed golf course with a 14,000-square-foot clubhouse.
The resort had announced more intensive plans in April which featured larger buildings and $100 million greater investment.
Company officials say the resort is expected to generate $16 million in surplus money over the next 30 years and add seven to 12 percent to neighboring home values above market appreciation.
Town officials said the project is the biggest development plan under consideration on the key in years. “We are a primarily built-out community from one end to the other," said Monica Daigle, director of planning, zoning and building.
The project is still in pre-application talks with staff. Once a formal application is submitted, it must go to the Planning and Zoning board for a recommendation before it goes to the Town Commission for final approval.
Songster expects a planning hearing this year and a commission vote early next year.
I will keep you posted.
Tuesday, September 16, 2008
A Mortgage update from our in house rep....
Wall Street Journal, By Sudeep Reddy
September 16, 2008
The Federal Reserve, faced with a series of shocks to the U.S. financial system, left interest rates unchanged Tuesday but said it's watching developments "carefully" -- signaling a willingness to take action if necessary.
The U.S. central bank, in a statement after its meeting, said "strains in financial markets have increased significantly and labor markets have weakened further."
The central bank's policy committee voted unanimously to leave the federal funds rate, at which banks lend to each other overnight, unchanged at 2%. It was the first fully unified vote since last September.
Prime Rate remains at 5%.
Harry Fager
Private Mortgage Banker
MSC Mortgage, LLC
An affiliate of Wells Fargo Home Mortgage
1801 Main St.Sarasota, Fl.
34236
941-951-6660
941-951-6667
Fax 941-308-2222
After hours 877-326-9400 Toll Free
harry.fager@wellsfargo.com
September 16, 2008
The Federal Reserve, faced with a series of shocks to the U.S. financial system, left interest rates unchanged Tuesday but said it's watching developments "carefully" -- signaling a willingness to take action if necessary.
The U.S. central bank, in a statement after its meeting, said "strains in financial markets have increased significantly and labor markets have weakened further."
The central bank's policy committee voted unanimously to leave the federal funds rate, at which banks lend to each other overnight, unchanged at 2%. It was the first fully unified vote since last September.
Prime Rate remains at 5%.
Harry Fager
Private Mortgage Banker
MSC Mortgage, LLC
An affiliate of Wells Fargo Home Mortgage
1801 Main St.Sarasota, Fl.
34236
941-951-6660
941-951-6667
Fax 941-308-2222
After hours 877-326-9400 Toll Free
harry.fager@wellsfargo.com
Tuesday, September 09, 2008
The Oaks Golf and Country Club
There are excellent opportunities to enjoy the finest Golf and CC that Sarasota has to offer !
Call me for more information 941-993-6443 or 1888-755-2637.
Or you can always go to our web site and explore properties for sale in the Oaks under our Golf section at http://www.jamesdohertyrealestate.com/
Call me for more information 941-993-6443 or 1888-755-2637.
Or you can always go to our web site and explore properties for sale in the Oaks under our Golf section at http://www.jamesdohertyrealestate.com/
Sunday, June 08, 2008
I am your connection to Golf in North Carolina
For our Florida friends and customers who view the cultural and recreational amenities of Western North Carolina as a seasonal extension of their active Sarasota lifestyle. We are pleased to introduce three spectacular new mountain and lake communities.
The Cliffs, Chinquapin and Firefly Cove
The Cliffs
Is located in the Blue Ridge Mountains near Asheville { Asheville ranks second among the " top small city arts destinations according to American Style Magazine }
It consists of 8 master planned communities with prices ranging from $ 380,000 - 5 million
Unsurpassed amenities and here is the best part......
A single membership earns the privilege of playing golf at eight private clubs.
And these aren't just any golf courses.....
Two are designed by Tom Fazio, two by Jack Nicklaus one each by Gary Player and Ben Wright and in a first for North America, a course by Tiger Woods - who will himself enjoy a residence in The Cliffs.
Chinquapin
Is located in Cashiers next to Panthertown Valley National Forest. At an elevation of over 3,800 feet, Cashiers is renowned for its unique combination of mountain beauty and cool refreshing climate where temperatures rarely exceed the mid 70's with low humidity.
20 minutes away is an 18 hole championship golf course, Club house, Tennis and fitness center, massage studio, croquet and much much more.
Home sites ranging from $ 450,000 - 3 million
Firefly Cove
Just 30 minutes from Asheville it is located on the banks of Lake Lure { a body of water heralded by National Geographic as one of the most beautiful man-made lakes in the world }
and is adjacent to Chimney Rock Park.
Only 41 home sights ranging from $200,000 - $600,000
For more information about any of these communities contact me at 1888-755-2637 or locally at 941-993-6443
The Cliffs, Chinquapin and Firefly Cove
The Cliffs
Is located in the Blue Ridge Mountains near Asheville { Asheville ranks second among the " top small city arts destinations according to American Style Magazine }
It consists of 8 master planned communities with prices ranging from $ 380,000 - 5 million
Unsurpassed amenities and here is the best part......
A single membership earns the privilege of playing golf at eight private clubs.
And these aren't just any golf courses.....
Two are designed by Tom Fazio, two by Jack Nicklaus one each by Gary Player and Ben Wright and in a first for North America, a course by Tiger Woods - who will himself enjoy a residence in The Cliffs.
Chinquapin
Is located in Cashiers next to Panthertown Valley National Forest. At an elevation of over 3,800 feet, Cashiers is renowned for its unique combination of mountain beauty and cool refreshing climate where temperatures rarely exceed the mid 70's with low humidity.
20 minutes away is an 18 hole championship golf course, Club house, Tennis and fitness center, massage studio, croquet and much much more.
Home sites ranging from $ 450,000 - 3 million
Firefly Cove
Just 30 minutes from Asheville it is located on the banks of Lake Lure { a body of water heralded by National Geographic as one of the most beautiful man-made lakes in the world }
and is adjacent to Chimney Rock Park.
Only 41 home sights ranging from $200,000 - $600,000
For more information about any of these communities contact me at 1888-755-2637 or locally at 941-993-6443
Friday, May 30, 2008
SRQ GOLF:
Custom Equipment for Handicapped Golfers at Golf Wiz
For those handicapped individuals who are on the amorous side of the spectrum but haven’t been able to get back on the course after a debilitating injury, there’s Golf Wiz.
Golf Wiz has equipment to help individuals head back to the links, including those who have been victims of stroke, cerebral palsy, multiple sclerosis or combat. The shop specializes in custom clubs to meet the needs of each individual, including modifying shaft flexibility and length, and head angle. The store can also provide other tricks of the trade, such as tools to get the tee in the ground and the ball out of the cup. Also available is the SoloRider, a golf cart for one featuring a seat you can angle and swivel to be able to hit that perfect shot straight down the fairway right from the seat of your cart. Also available through Golf Wiz’s sister foundation, The Adaptive Golf Foundation of America, are programs and lessons for those returning to the game after a serious injury or health condition. Let Golf Wiz and The Adaptive Golf Foundation of America help you get back to the game you love.
Golf Wiz and The Adaptive Golf Foundation of America, 4607 S. Tamiami Trl., Sarasota, 941-926-2545.
Custom Equipment for Handicapped Golfers at Golf Wiz
For those handicapped individuals who are on the amorous side of the spectrum but haven’t been able to get back on the course after a debilitating injury, there’s Golf Wiz.
Golf Wiz has equipment to help individuals head back to the links, including those who have been victims of stroke, cerebral palsy, multiple sclerosis or combat. The shop specializes in custom clubs to meet the needs of each individual, including modifying shaft flexibility and length, and head angle. The store can also provide other tricks of the trade, such as tools to get the tee in the ground and the ball out of the cup. Also available is the SoloRider, a golf cart for one featuring a seat you can angle and swivel to be able to hit that perfect shot straight down the fairway right from the seat of your cart. Also available through Golf Wiz’s sister foundation, The Adaptive Golf Foundation of America, are programs and lessons for those returning to the game after a serious injury or health condition. Let Golf Wiz and The Adaptive Golf Foundation of America help you get back to the game you love.
Golf Wiz and The Adaptive Golf Foundation of America, 4607 S. Tamiami Trl., Sarasota, 941-926-2545.
Monday, May 26, 2008
Saturday, May 24, 2008
SAR monthly stats report for April
Sarasota market hits highest sales figure since June 2007
Home sales in the Sarasota MLS for April 2008 stood at 567 - the highest level in 10 months, and approximately 72 percent higher than the sales in January 2008. In 2008, sales have been progressively stronger month by month, possibly due to the influence of the new property tax portability law adopted in late January. Sales have climbed from 329 in January to 423 in February, then 514 in March.
Bucking the trend of dropping median sales prices for single family homes, April also saw the median sale price rise to $285,000 from $266,750 in March - about a 7 percent increase.
Condominium sales prices have shown a decline of about 8 percent since the first of the year, but they are also beginning to trend upward and have remained at relatively high levels for the Sarasota market. The median sale price for a condominium stood at $277,000 in April, about 18 percent higher than the $235,000 median sale price in March, but roughly 8 percent off the 2008 peak of $303,500 in January. "We are very fortunate to live in a beautiful, vibrant community, with world-class culture and amenities," said Helen Sosso, 2008 SAR President. "These obvious factors continue to enhance the value of local properties, and we are seeing this reflected in our stronger sales figures. In addition, it appears we are beginning to see the effects of the recent state legislation which made it easier for families to upsize or downsize, without such a dramatic impact on their property taxes. Portability will likely continue to be a factor as we move forward in 2008."
The April 2008 report continued to reflect strength in pending sales, which stood at 765 - the highest level in the past year. In April 2007 pending sales were at only 609. Pending sales have been edging upward since December 2007, when there were only 374 pending sales reported. Pending sales reflect contracts executed by buyers and sellers, and indicate more closings in upcoming months and an improving market in the early summer months. Inventory levels were lower in April 2008 at 9,830 single family homes, compared to 10,443 in April 2007. Condominium levels also decreased from the April 2007 level of 6,344 to 5,608 in April 2008. Lower inventory normally means a tighter selling market, which tends to put upward pressure on prices over time.
Declining inventory is one of the indicators that a market is beginning to return to a more normal, balanced state. In fact, the Sarasota MLS statistics reveal a lower level of new listings on the market, combined with higher unit sales, which means the inventory is declining for two reasons and should more quickly reach a healthy equilibrium.
The days on market, which translates to the average time it took to sell a property, was at 166 days for single family homes in April 2008, slightly higher than the 158 days in March 2008. The figure has been steadily in the 158 to 160 range throughout the year. Average days on the market for condos was at 189 in April 2008, lower than the 192 figure in March 2008, and much lower than the 203 days reported in February 2008. The days on market reflects the pace of sales. In general, the Sarasota MLS statistics show a rebound throughout 2008 - every month seeing stronger numbers than the month before.In an article in the Wall Street Journal last month by Cyril Moulle-Berteaux, a managing partner of Traxis Partners LP, a hedge fund firm based in New York, the author puts together a thought provoking piece headlined "The Housing Crisis Is Over."
In the article, he defined the basic elements of the housing boom, and the historic trends that follow such a boom and return to normalcy. He concludes that the national housing market is bottoming out right now, and says the return of affordability to the market makes a recovery an almost certainty.
He predicts the nationwide home inventory will drop significantly by the end of 2008, and this shift will begin to be reflected in prices. In the local Sarasota market, we have seen the trend already beginning toward lower inventories, higher sales, and a leveling of prices after a few months of declines. The April figures reflect this new reality.
Sarasota Association of REALTORS®
Sarasota market hits highest sales figure since June 2007
Home sales in the Sarasota MLS for April 2008 stood at 567 - the highest level in 10 months, and approximately 72 percent higher than the sales in January 2008. In 2008, sales have been progressively stronger month by month, possibly due to the influence of the new property tax portability law adopted in late January. Sales have climbed from 329 in January to 423 in February, then 514 in March.
Bucking the trend of dropping median sales prices for single family homes, April also saw the median sale price rise to $285,000 from $266,750 in March - about a 7 percent increase.
Condominium sales prices have shown a decline of about 8 percent since the first of the year, but they are also beginning to trend upward and have remained at relatively high levels for the Sarasota market. The median sale price for a condominium stood at $277,000 in April, about 18 percent higher than the $235,000 median sale price in March, but roughly 8 percent off the 2008 peak of $303,500 in January. "We are very fortunate to live in a beautiful, vibrant community, with world-class culture and amenities," said Helen Sosso, 2008 SAR President. "These obvious factors continue to enhance the value of local properties, and we are seeing this reflected in our stronger sales figures. In addition, it appears we are beginning to see the effects of the recent state legislation which made it easier for families to upsize or downsize, without such a dramatic impact on their property taxes. Portability will likely continue to be a factor as we move forward in 2008."
The April 2008 report continued to reflect strength in pending sales, which stood at 765 - the highest level in the past year. In April 2007 pending sales were at only 609. Pending sales have been edging upward since December 2007, when there were only 374 pending sales reported. Pending sales reflect contracts executed by buyers and sellers, and indicate more closings in upcoming months and an improving market in the early summer months. Inventory levels were lower in April 2008 at 9,830 single family homes, compared to 10,443 in April 2007. Condominium levels also decreased from the April 2007 level of 6,344 to 5,608 in April 2008. Lower inventory normally means a tighter selling market, which tends to put upward pressure on prices over time.
Declining inventory is one of the indicators that a market is beginning to return to a more normal, balanced state. In fact, the Sarasota MLS statistics reveal a lower level of new listings on the market, combined with higher unit sales, which means the inventory is declining for two reasons and should more quickly reach a healthy equilibrium.
The days on market, which translates to the average time it took to sell a property, was at 166 days for single family homes in April 2008, slightly higher than the 158 days in March 2008. The figure has been steadily in the 158 to 160 range throughout the year. Average days on the market for condos was at 189 in April 2008, lower than the 192 figure in March 2008, and much lower than the 203 days reported in February 2008. The days on market reflects the pace of sales. In general, the Sarasota MLS statistics show a rebound throughout 2008 - every month seeing stronger numbers than the month before.In an article in the Wall Street Journal last month by Cyril Moulle-Berteaux, a managing partner of Traxis Partners LP, a hedge fund firm based in New York, the author puts together a thought provoking piece headlined "The Housing Crisis Is Over."
In the article, he defined the basic elements of the housing boom, and the historic trends that follow such a boom and return to normalcy. He concludes that the national housing market is bottoming out right now, and says the return of affordability to the market makes a recovery an almost certainty.
He predicts the nationwide home inventory will drop significantly by the end of 2008, and this shift will begin to be reflected in prices. In the local Sarasota market, we have seen the trend already beginning toward lower inventories, higher sales, and a leveling of prices after a few months of declines. The April figures reflect this new reality.
Sarasota Association of REALTORS®
Wednesday, May 14, 2008
Why pay rent when you can
buy a home with no out-of-pocket expenses?
Ø FHA financing let’s you buy a home with as little as 3% down and that down payment can come from a third party or family member in the form of a gift.
Ø There are no income restrictions, and you don’t have to be a first time homebuyer to qualify for FHA financing.
Ø You don’t need perfect credit to qualify for FHA financing.
Ø 30 year fixed FHA mortgage rates are at historic lows.
Ø Home prices are lower than they’ve been in 4-5 years.
Ø A parent, sibling or other family member may help you qualify for the mortgage as a non-occupant co-borrower.
In today’s market, sellers are eager to contribute up to, and in some cases, more than 6% of the purchase price to help cover the requisite 3% down payment and closing costs. Now is the time to take advantage of:
Ø Low interest rates.
Ø Seller’s willingness to negotiate.
Ø The best housing prices and inventory in several years.
If you are spending $1,500/m in rent, you may be able to afford a condominium or home priced in the $165,000 to $175,000 range for about the same amount each month. According to the latest Realtor multiple listing service figures, there are 35+/- properties listed in the Lakewood Ranch area in this price range.
To learn more about this terrific homebuyer program and the flexibility and options available to you, feel free to call or e-mail for more information:
Harry Fager
Private Mortgage Banker
MSC Mortgage Company
An affiliate of Wells Fargo Home Mortgage
(941) 951-6660
harryfager@mscmortgage.com
buy a home with no out-of-pocket expenses?
Ø FHA financing let’s you buy a home with as little as 3% down and that down payment can come from a third party or family member in the form of a gift.
Ø There are no income restrictions, and you don’t have to be a first time homebuyer to qualify for FHA financing.
Ø You don’t need perfect credit to qualify for FHA financing.
Ø 30 year fixed FHA mortgage rates are at historic lows.
Ø Home prices are lower than they’ve been in 4-5 years.
Ø A parent, sibling or other family member may help you qualify for the mortgage as a non-occupant co-borrower.
In today’s market, sellers are eager to contribute up to, and in some cases, more than 6% of the purchase price to help cover the requisite 3% down payment and closing costs. Now is the time to take advantage of:
Ø Low interest rates.
Ø Seller’s willingness to negotiate.
Ø The best housing prices and inventory in several years.
If you are spending $1,500/m in rent, you may be able to afford a condominium or home priced in the $165,000 to $175,000 range for about the same amount each month. According to the latest Realtor multiple listing service figures, there are 35+/- properties listed in the Lakewood Ranch area in this price range.
To learn more about this terrific homebuyer program and the flexibility and options available to you, feel free to call or e-mail for more information:
Harry Fager
Private Mortgage Banker
MSC Mortgage Company
An affiliate of Wells Fargo Home Mortgage
(941) 951-6660
harryfager@mscmortgage.com
Friday, April 25, 2008
Our April Newsletter
“No one wants to catch a falling knife.”
As we drove around looking at property, this was the philosophy one Canadian shared with me regarding
his take on the average buyer. “Once it clangs on the floor, everyone will know it has hit bottom and then everyone
will scramble to buy." His own strategy was different. He was not about to wait. Even though he was unsure if
further price declines were to come, he had a fantastic selection of homes to choose from and he knew he was
getting a great price not seen since 2003. He bought. But there is another potent case for buying now.
Finance costs will rise as the economy recovers, so trying to time real estate might not pay off.
Consider this example. A $500,000 Siesta Key condo purchased today, with 20% down, leaves $400,000
financed at about 6% over 30 years. That's a monthly P&I payment of $2,398. If prices drop an additional 10%, the
cost of this condo next year is $450,000. But when the recession ends and the Fed starts to raise rates to say,
7.5%, your monthly payment would be $2,517. If you waited a year to buy, you would have saved nothing and
spent one less year in your beach side condo.
When prices are falling, few people have the discipline to buy stocks, a house, art or any other asset. But
those who do pull the trigger excel in the long run.
What's with all those headlines ?
Considering all of the negative press the housing market received in late 2007, it's more important than
ever for people to separate fact from fiction when deciding on a time to buy or sell a home. The fact is, we were
due for, and are now experiencing, a natural cyclical correction. The recent "housing boom" which lasted from 2001
until 2005, was caused by low interest rates and a rapid increase in property valuations. This combination
prompted a high sense of urgency in home buying and selling. Poor lending practices, which caused many home
buyers to secure loans that they ultimately couldn't afford, also fueled the fire. Finally, and possibly the biggest
culprit here locally, speculative purchases of homes by investors hoping for a quick return on investment took us
over the top.
But are these problems so deep that recovery is years away ? Actual facts and history say no.
Let's start with lending practices. Unlike the media's portrayal, the reality is that subprime loans comprise
only 9% of total loans nationwide and of those 9%, less than 11% of those subprime ARM and fixed borrowers
have defaulted on their loans. Problematic, yes. Of epidemic proportions, no.
As for speculators, like the dot-com bust, the housing market has begun to correct itself after a number of
years of unwise purchasing. But unlike what the media would have us believe, a correction in the housing market
doesn't equate to a crash. The ongoing negative news about the most troubled areas in the U.S. has caused a
ripple effect, with home buyers and sellers on a national level exercising caution before making a decision.
What we are seeing now is a repeat of a housing cycle we've seen before. In the early 1980's and 1990's
some areas of the country experienced the worst downturn they had seen in the last 25 years. It was caused by
localized economic weaknesses and a loss of jobs. But on a nationwide average others, like the Pacific Northwest,
were barely affected at all. Even those areas hit the hardest in the past experienced a historic uptick in prices, and
then a continuing long term appreciation trend followed.
It is our belief that we in Sarasota are actually positioned quite nicely. According to the latest statistics -
issued the last week of March by FAR - Sarasota-Manatee once again outsold such mega-markets as Miami and
Ft. Lauderdale, building on a solid trend that held throughout every month of 2007 and continues thus far into
2008. We simply need our inventory of homes and condos to decline to more acceptable levels.
The avalanche of east coast baby boomers on the horizon may well be the cure for our local recovery.
Lawmakers will look at more tax cuts in 2008.
On January 29, 2008 Florida Voters approved Amendment 1, which made significant changes to the Florida
Constitution regarding property tax laws. These include an additional $25,000 Homestead exemption, and
portability of the Save Our Homes benefit. (Although too detailed for this newsletter, feel free to e-mail us for a 3
page recap of the specifics of all changes.) Governor Charlie Crist, top lawmakers and other backers promised it
would be just the start of property tax relief. Let's hope so. For non-homesteaded owners the government put a
modest 10 percent cap on annual assessment increases. That's not enough to satisfy out of state owners who saw
their tax bills increase the most due to sharp rises in property values in recent years. The Sarasota Association of
Realtors (and all similar associations in Florida) will continue to press for true relief for the second home/vacation
type owner. It will happen. We will keep you updated.
Patrick Doherty, Joe James, Michael James, Maureen James Doherty
April 2008
info@jamesbrothers.com
www.JamesBrothers.com
(your on-line resource)
Local: 941-993-6443
Toll free: 1-888-755-2637
As we drove around looking at property, this was the philosophy one Canadian shared with me regarding
his take on the average buyer. “Once it clangs on the floor, everyone will know it has hit bottom and then everyone
will scramble to buy." His own strategy was different. He was not about to wait. Even though he was unsure if
further price declines were to come, he had a fantastic selection of homes to choose from and he knew he was
getting a great price not seen since 2003. He bought. But there is another potent case for buying now.
Finance costs will rise as the economy recovers, so trying to time real estate might not pay off.
Consider this example. A $500,000 Siesta Key condo purchased today, with 20% down, leaves $400,000
financed at about 6% over 30 years. That's a monthly P&I payment of $2,398. If prices drop an additional 10%, the
cost of this condo next year is $450,000. But when the recession ends and the Fed starts to raise rates to say,
7.5%, your monthly payment would be $2,517. If you waited a year to buy, you would have saved nothing and
spent one less year in your beach side condo.
When prices are falling, few people have the discipline to buy stocks, a house, art or any other asset. But
those who do pull the trigger excel in the long run.
What's with all those headlines ?
Considering all of the negative press the housing market received in late 2007, it's more important than
ever for people to separate fact from fiction when deciding on a time to buy or sell a home. The fact is, we were
due for, and are now experiencing, a natural cyclical correction. The recent "housing boom" which lasted from 2001
until 2005, was caused by low interest rates and a rapid increase in property valuations. This combination
prompted a high sense of urgency in home buying and selling. Poor lending practices, which caused many home
buyers to secure loans that they ultimately couldn't afford, also fueled the fire. Finally, and possibly the biggest
culprit here locally, speculative purchases of homes by investors hoping for a quick return on investment took us
over the top.
But are these problems so deep that recovery is years away ? Actual facts and history say no.
Let's start with lending practices. Unlike the media's portrayal, the reality is that subprime loans comprise
only 9% of total loans nationwide and of those 9%, less than 11% of those subprime ARM and fixed borrowers
have defaulted on their loans. Problematic, yes. Of epidemic proportions, no.
As for speculators, like the dot-com bust, the housing market has begun to correct itself after a number of
years of unwise purchasing. But unlike what the media would have us believe, a correction in the housing market
doesn't equate to a crash. The ongoing negative news about the most troubled areas in the U.S. has caused a
ripple effect, with home buyers and sellers on a national level exercising caution before making a decision.
What we are seeing now is a repeat of a housing cycle we've seen before. In the early 1980's and 1990's
some areas of the country experienced the worst downturn they had seen in the last 25 years. It was caused by
localized economic weaknesses and a loss of jobs. But on a nationwide average others, like the Pacific Northwest,
were barely affected at all. Even those areas hit the hardest in the past experienced a historic uptick in prices, and
then a continuing long term appreciation trend followed.
It is our belief that we in Sarasota are actually positioned quite nicely. According to the latest statistics -
issued the last week of March by FAR - Sarasota-Manatee once again outsold such mega-markets as Miami and
Ft. Lauderdale, building on a solid trend that held throughout every month of 2007 and continues thus far into
2008. We simply need our inventory of homes and condos to decline to more acceptable levels.
The avalanche of east coast baby boomers on the horizon may well be the cure for our local recovery.
Lawmakers will look at more tax cuts in 2008.
On January 29, 2008 Florida Voters approved Amendment 1, which made significant changes to the Florida
Constitution regarding property tax laws. These include an additional $25,000 Homestead exemption, and
portability of the Save Our Homes benefit. (Although too detailed for this newsletter, feel free to e-mail us for a 3
page recap of the specifics of all changes.) Governor Charlie Crist, top lawmakers and other backers promised it
would be just the start of property tax relief. Let's hope so. For non-homesteaded owners the government put a
modest 10 percent cap on annual assessment increases. That's not enough to satisfy out of state owners who saw
their tax bills increase the most due to sharp rises in property values in recent years. The Sarasota Association of
Realtors (and all similar associations in Florida) will continue to press for true relief for the second home/vacation
type owner. It will happen. We will keep you updated.
Patrick Doherty, Joe James, Michael James, Maureen James Doherty
April 2008
info@jamesbrothers.com
www.JamesBrothers.com
(your on-line resource)
Local: 941-993-6443
Toll free: 1-888-755-2637
Thursday, April 24, 2008
Ritz-Carlton Golf Club Awarded Environmental Excellence Certificate
The Members Golf Club at The Ritz-Carlton, Sarasota has been designated as a “Certified Audubon Cooperative Sanctuary” through the Audubon Cooperative Sanctuary Program for Golf Courses, an Audubon International program.
It is required that the course demonstrate that it is maintaining a high degree of environmental quality in five key environmental areas including wildlife and habitat management, chemical use safety and reduction, water conservation, water quality management and outreach and education.
There are over 1067 golf courses in Florida, with less than one percent having earned this honor.
The 16 man-made lakes on the 320-acre property have attracted various species previously unknown to the area. Over 50 different birds have been identified and over 15 mammals including alligator, fox and bobcat.
The landscaping around golf course is a cornucopia of tree and plant life, with over 110 different species being documented and more being noted each week.
The Members Golf Club at The Ritz-Carlton, Sarasota has been designated as a “Certified Audubon Cooperative Sanctuary” through the Audubon Cooperative Sanctuary Program for Golf Courses, an Audubon International program.
It is required that the course demonstrate that it is maintaining a high degree of environmental quality in five key environmental areas including wildlife and habitat management, chemical use safety and reduction, water conservation, water quality management and outreach and education.
There are over 1067 golf courses in Florida, with less than one percent having earned this honor.
The 16 man-made lakes on the 320-acre property have attracted various species previously unknown to the area. Over 50 different birds have been identified and over 15 mammals including alligator, fox and bobcat.
The landscaping around golf course is a cornucopia of tree and plant life, with over 110 different species being documented and more being noted each week.
Monday, March 10, 2008
TPC Prestancia Announces New Rate Structure
As previously mentioned, this particular TPC course was purchased by the San Diego based
Heritage Golf Group late in 2007. So now it is not only a member of the Tournament Players Club Network ( 21 reciprocal courses ) but is now also included in the Heritage Collection of properties ( 16 courses ). By joining here in Sarasota, you are able to play any one of the other sister properties. This non equity course has no less than seven membership options. The main "Traditional Membership" is $15,000 with monthly dues of $503 for full use of the Club Course and the Stadium Course and clubhouse facilities. Add in a yearly food and beverage minimum of $800. This gives you priority starting times of 10 days in advance and members may bring up to 3 guests. Priviledges extend to a member's spouse and dependent children up to age 25. At the top of the options is the "Legacy Membership". For no golf cart charges, no annual dues, no food and beverage minimums....ever...one need only fork over a cool $90,000 for a lifetime of golf. And for a 25% transfer fee, one can pass it along to an heir. Give me a call at 1-888-755-2637 if you would like information on the other 5 membership options. And by the way...anyone who purchases a property within the gates of Prestancia receives a 20% discount on membership if you join within 30 days of purchasing. ( ie the Traditional Membership would drop to $12,000...)
Heritage Golf Group late in 2007. So now it is not only a member of the Tournament Players Club Network ( 21 reciprocal courses ) but is now also included in the Heritage Collection of properties ( 16 courses ). By joining here in Sarasota, you are able to play any one of the other sister properties. This non equity course has no less than seven membership options. The main "Traditional Membership" is $15,000 with monthly dues of $503 for full use of the Club Course and the Stadium Course and clubhouse facilities. Add in a yearly food and beverage minimum of $800. This gives you priority starting times of 10 days in advance and members may bring up to 3 guests. Priviledges extend to a member's spouse and dependent children up to age 25. At the top of the options is the "Legacy Membership". For no golf cart charges, no annual dues, no food and beverage minimums....ever...one need only fork over a cool $90,000 for a lifetime of golf. And for a 25% transfer fee, one can pass it along to an heir. Give me a call at 1-888-755-2637 if you would like information on the other 5 membership options. And by the way...anyone who purchases a property within the gates of Prestancia receives a 20% discount on membership if you join within 30 days of purchasing. ( ie the Traditional Membership would drop to $12,000...)
Tuesday, February 12, 2008
Golfing Reciprocals In And Around Sarasota
Our team recently represented a wonderful couple from Manhattan who found us through our web site http://www.jamesbrothers.com/. The husband was looking for a full service, high end
Sarasota golf course community while the wife...although not completely uninterested in golf...was looking
for social activities outside of the sport. We just went under contract for a beautiful home on Sugar Mill Drive in Oaks I...that portion of The Oaks that sits west of the club, close to the bay.
One of the reasons this gentleman chose The Oaks was for their reciprocal policy. So I thought it was important enough to mention in my blog. Unlike some other high end courses in and around town ( i.e. The Founders, The Concession, and The Ritz Carlton ) The Oaks offers
reciprocal playing rights at 17 other golf courses during the summer months of May to October.
That's right. For no extra charge ( except cart fee ) a member of The Oaks can go play...to name a few...Bradenton, Lakewood Ranch, Laurel Oak, Longboat Key Club, Sara Bay, Venice and
TPC Prestancia. Conversley, any member of these courses can come and play The Oaks...again, free of charge. Call or e-mail me for a list of the other 10 participating clubs.
Sarasota golf course community while the wife...although not completely uninterested in golf...was looking
for social activities outside of the sport. We just went under contract for a beautiful home on Sugar Mill Drive in Oaks I...that portion of The Oaks that sits west of the club, close to the bay.
One of the reasons this gentleman chose The Oaks was for their reciprocal policy. So I thought it was important enough to mention in my blog. Unlike some other high end courses in and around town ( i.e. The Founders, The Concession, and The Ritz Carlton ) The Oaks offers
reciprocal playing rights at 17 other golf courses during the summer months of May to October.
That's right. For no extra charge ( except cart fee ) a member of The Oaks can go play...to name a few...Bradenton, Lakewood Ranch, Laurel Oak, Longboat Key Club, Sara Bay, Venice and
TPC Prestancia. Conversley, any member of these courses can come and play The Oaks...again, free of charge. Call or e-mail me for a list of the other 10 participating clubs.
Tuesday, January 15, 2008
The latest at The Founders Club
Just spent a pleasant hour with Sharon Ross, the Director of Home Sales surrounding The Founders Club golf course. For those not in the know, this new Robert Trent Jones Jr. layout is certainly in the top 5 of all private courses in Sarasota County ( the other contenders in my mind being The Concession, The Oaks Eagle course, The Ritz Carlton, and the Arnold Palmer layout at Lakewood Ranch ). If you have not been to the homesites and course since last year, you will be impressed with the progress. The clubhouse is superb and complete. Restricted to only 275 golf members, they are now at 50% capacity. ( Full equity memberships are priced at $82,500. ) As for the homesites, there are 260 lots in the community. Again, as of this date, 123 homesites have been sold with 115 up or under construction. ( Buyers have 2 years to break ground and have five prestigious builders to choose from with dozens of design choices.) One of the misconceptions of the community are the prices. Sure there are homes in the multi-millions.
But there are also entry level options in the $1,100,000 to $1,500,000 range that are spacious
and have superb finishes...not to mention spectacular open views. Another misconception...the distance to downtown. Honestly, you can be at one of your favourite restaurants in the core of the city in 12 to 15 minutes depending on traffic. Add only a couple more minutes for St. Armands Circle. I have an up to date site plan with available lots clearly marked should you want to investigate this terrific golf community further.
But there are also entry level options in the $1,100,000 to $1,500,000 range that are spacious
and have superb finishes...not to mention spectacular open views. Another misconception...the distance to downtown. Honestly, you can be at one of your favourite restaurants in the core of the city in 12 to 15 minutes depending on traffic. Add only a couple more minutes for St. Armands Circle. I have an up to date site plan with available lots clearly marked should you want to investigate this terrific golf community further.
Wednesday, December 05, 2007
2006 Builder's home in the Oaks Golf and Country Club
3948 sq.ft. 4 bedroom 31/2 bath with picturesque fairway views of the Arthur Hill Eagle course. Outstanding quality! Built in 2006 with all the latest hurricane impact glass throughout, double steel garage doors. Turkish marble floors, tray ceilings, crown moldings throughout, island granite kitchen with wood cabinets, stainless steel appliances, walk-in pantry, gas fireplace, movie theatre/bonus room with wet bar, automated window treatments, wonderful storage room over the garage, private pool setting and much much more.
If you are looking for true Country Club living this is it !
Read more about the Oaks Golf and Country Club in the Golf section of our web site.. http://www.jamesbrothers.com/
Any questions ? Contact me at ......993-6443 or 1888-755-2637
If you are looking for true Country Club living this is it !
Read more about the Oaks Golf and Country Club in the Golf section of our web site.. http://www.jamesbrothers.com/
Any questions ? Contact me at ......993-6443 or 1888-755-2637
Monday, November 26, 2007
Laurel Oak Special Membership Pricing
The Board of Governors has announced a reduced membership offer until December 31/2007. Golf & Tennis...previously $31,000...is now $22,000. Golf only...previously $29,500...is now $21,000. These are very attractive rates to join one of Sarasota's premier 36 hole private clubs.
The West Course ( 1990 ) and the East Course (1995 ) were both developed as Gary Player Signature Courses. The West Course was recently re-designed by Rees Jones in 2005, along with the new clubhouse expansion. Laurel Oak likes to brag that it's average member age is only 54...but don't snicker...that is pretty good for Southwest Florida. As for home availability, this is truly a diverse community with prices in every category. There are presently 31 homes for sale. Starting in the $500,000 to $800,000 range, 8 homes are offered. Between $800,000 and $1 million, another 8 homes. Between $1 million and $1.4 million there are 10 active listings. And
finally, between $1.4 million and $2.7 million, 5 homes. None are older than 1991 and many have been built in the 2000's. If you are looking for a gated, family friendly golf community, then Laurel Oak certainly deserves a look.
The West Course ( 1990 ) and the East Course (1995 ) were both developed as Gary Player Signature Courses. The West Course was recently re-designed by Rees Jones in 2005, along with the new clubhouse expansion. Laurel Oak likes to brag that it's average member age is only 54...but don't snicker...that is pretty good for Southwest Florida. As for home availability, this is truly a diverse community with prices in every category. There are presently 31 homes for sale. Starting in the $500,000 to $800,000 range, 8 homes are offered. Between $800,000 and $1 million, another 8 homes. Between $1 million and $1.4 million there are 10 active listings. And
finally, between $1.4 million and $2.7 million, 5 homes. None are older than 1991 and many have been built in the 2000's. If you are looking for a gated, family friendly golf community, then Laurel Oak certainly deserves a look.
Wednesday, November 21, 2007
Golf Digest - Best New Private Golf Course, The Concession
The Concession's 349-yard, dogleg-left 12th is designed to be a reachable par 4 from any set of tees.By Ron Whitten Photo By Stephen Szurlej for Golf Digest
ANOTHER CONCESSION
The concept began in 2002, when British-golf-hero-turned-Sarasota-resident Tony Jacklin read that developer Kevin Daves was planning a Jack Nicklaus-designed course in the area. Jacklin, champion of the 1969 British Open and 1970 U.S. Open and four-time European Ryder Cup captain, called Daves and said he wanted to be involved. Over a subsequent lunch, Jacklin suggested the club might have a Ryder Cup theme and gave Daves a photo for the clubhouse. It depicted Jacklin and Nicklaus in 1969, moments after Jack had conceded a par putt to Tony that resulted in the first tie in the history of the Ryder Cup.
Daves saw more than a photo. He saw a marketing scheme. He'd call his course The Concession. He'd use a silhouette of the photo as his logo. He'd have Jacklin work with Jack on the project.
Daves and Jacklin met with Nicklaus. Tony said he didn't want to interfere with Jack's design, but Jack replied, "No, if we're going to do this, we're going to do it together," then winked: "I'll concede once again."
So it is that Jack Nicklaus and Tony Jacklin are sharing a trophy once more, this time as co-designers of The Concession Golf Club, America's Best New Private Course of 2006. For Nicklaus, it's the sixth time since 1984 that one of his course designs has been recognized by Golf Digest as a Best New winner. For Jacklin, who has only dabbled in course architecture, it's a new honor. (His best-known previous work, a collaboration with former Ryder Cup teammate Dave Thomas, is San Roque Golf Club in Spain, just down the highway from 1997 Ryder Cup host Valderrama.)
The Concession is a course of remarkable beauty and isolation. Intended as the centerpiece of a 1,200-acre gated community, the course is actually off to the side, well away from back yards, spread over 540 acres of pines that reach as high as 150 feet and twisted oaks thought to be more than 200 years old. (If some specimens seem particularly strategic, that's because more than $700,000 was spent transplanting 65 live oaks and 15 slash pines on certain holes.)
Jacklin would like the PGA of America to consider The Concession for a future Ryder Cup. (The earliest available date would be the 2024 matches.) It's certainly a worthy test of championship golf, at 7,470 yards, par 72 from the tips, its Slope Rating of 155 tied for the highest of any course in Florida. All four of its par 3s face different directions, as do the four par 5s. There are an equal number of holes that bend left versus right. Its bright-white bunkers are big and flashy, most edged in thick-bladed Bahia grass to add a visual contrast to the hybrid Bermuda fairways and greens.
A dozen water hazards legitimately come into play, with four on the closing four holes posing the ultimate in risk-reward excitement. But the most intriguing hazard is narrow, man-made Tortoise Creek, which winds around the front, right and back of the tiny green on the nifty, narrow, 374-yard, dogleg-right eighth. It's a hazard, and a hole, that Jacklin played a major role in creating.
What really sets The Concession apart are its greens. Several are perched above fairways, with steep dropoffs on one side or the other, and the one on the par-4 10th is at ground level, flowing from front to back. But the real departures from the Nicklaus mold are the movements within the greens. Instead of outside mounds extending into greens to create shelves and slopes, Nicklaus developed The Concession's greens with contours that originate from within the putting surfaces and ripple outward, leaving most collars relatively flat. It's a technique he says he learned while teaming with Tom Doak on Sebonack Golf Club in New York. Which proves you can teach a top dog new tricks.
Few people recall all the details of the Ryder Cup at England's Royal Birkdale that precipitated this commemorative club. Back in 1969, there were two sessions of singles matches on the last day. Jacklin beat Nicklaus, 4 and 3, in the morning round, and in the afternoon Tony holed a 50-foot eagle putt on the 17th to square the only match remaining on the course. At 18, Nicklaus had a 15-footer to win but raced the putt four feet past. He made the comebacker, then picked up Tony's coin, some two feet from the cup. U.S. captain Sam Snead and several of Jack's teammates weren't happy about Nicklaus' magnanimity, but Jack shrugged it off. Jacklin was the reigning British Open champ, a hero to the home crowd. Jack didn't want him to miss the putt and become a goat. Besides, under Ryder Cup rules, as defending champion, the U.S. retained possession of the Cup with the tie.
So maybe the concession wasn't that big a deal after all. But The Concession is. As the best among America's new private courses, it is also among the best of Nicklaus' 250 designs, and already one of the finest in Florida. Given additional scrutiny,
The Concession might someday prove to be one of America's 100 Greatest Golf Courses.
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