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Did you know that Lakewood Ranch is the number one selling community in the United States? Have you ever heard of Lakewood Ranch or know where it is? Well, I’m going to give you 13 reasons why we have that ranking and what it took to get us there.

Hello, I’m Mark Boehmig with Michael Saunders & Company. So we’re going to look at the 13 reasons that I feel people love to come to Lakewood Ranch. The way that we got the ranking is based on new home sales. Now I’m sure that you’re probably familiar with our neighbor, The Villages to the north, but they are a 55 plus community, and we are a multi-generational community.

So we do hold the number one ranking for the multi-generational community, meaning that there’s no age restriction to live here, and that’s how we’re number one. Let’s get to the 13 reasons. Starting with number 13, and these are in no particular order, but we have one of the best areas in the country to watch polo.

  • Now, most people don’t realize that in Lakewood Ranch, we have a polo field here. It’s called the Sarasota Polo Club, and it’s located just off of University Avenue. It is 130 acres. And the polo field is surrounded by 35 individual home sites of equestrian people that board their horses there. And those home sites are anywhere from five to 40 acre home sites.

The polo matches are held on Sundays in January through April. And it’s a very casual atmosphere with a low fee ($12) to come in and watch the events, people dress in shorts and sundresses, and they bring their food and have a tailgate. And it’s quite a pleasant experience. And for those that aren’t familiar with polo, the announcers do a really good job of explaining what’s happening while Polo players are on the field.

  • Number 12 on our list is the design of the homes that are here in Lakewood ranch.

We have many different builders here, and we have a lot of different designs. At the same time, some people come in and feel that this is a cookie-cutter area. Some areas might be, but there’s a lot of individuality in many of these homes, large open floor spaces, high ceilings, large lanais, that overlook pools and ponds.

So the home designs here are quite lovely, especially once you get on the inside.

 

  • Number 11 on our list is the variety of wildlife. We have alligator, deer otters, fox, Osprey, all types of birds, Sandhill cranes, and don’t do drive too fast around the Sandhill cranes because they will not get out of your way. They are tall birds and stand up 3 feet, and they’re very slow-moving. I have watched Osprey fish in these ponds, and catch fish and take them up to the nest.  It’s quite an experience.

 

  • Number 10 on our list is the number of villages that you have to choose from for deciding where you would like to live.  We have about 24 different villages in Lakewood ranch. Now a village is usually subdivided into different communities within the villages. So you might have single-family homes, condos, and then substantial expansive homes all within the same village.

 

  • Number nine on our list happens to be the weather. While it can be quite hot, most of the time there is a pleasant breeze, and if it’s too hot, we usually either go to the Beach or go to the pool, whether it’s a community pool or the private pool at the houses or the country club. So there are lots to do to beat the heat. The wintertime’s unbeatable because our highs generally in the winter are in the seventies, lows in the fifties and the summertime, yes, in the nineties and lows in the seventies.

 

So what that it means is that all of the roads and the infrastructure are installed before the neighborhoods are started so that you don’t get significant traffic backups. As people begin to move into the areas and the kids go to school, and you have the school buses. So the infrastructure is vital in this planned community because it’s already there when the developers build out their communities, making it much easier on the traffic here in Lakewood ranch.

 

  • Number seven on our list is we are very pet-friendly. Lots of dogs here and people take their dogs to dinner with them. If they’re eating outside and the dogs sit up under the tables, they usually furnish water bowls from the restaurants. A lot of shops have water bowls outside for the dogs, as you see them walking up and down the streets. So a very dog-friendly community.

 

  • Number six is how easy it is to get to Lakewood Ranch. We’re very close to Sarasota, St. Pete, Tampa, Naples, and even Orlando. We do have an airport right here, which is called SRQ.

 

  • And SRQ happens to be number five on my list because it in itself is a great place to fly out of or fly back to. It’s a small domestic airport, flights that go to the Northeast, Midwest, and the West. So easy to access,  when you park your car and you go into the terminal, and you go through customs, or you go through the security checkpoints, and then to your gate, it usually takes about 15 to 20 minutes.

 

  • For number four, and one of the reasons that I’m here in this community is the number of golf courses and tennis courts. Now I am not a good golfer, but I do love tennis. And as a matter of fact, I joined the Lakewood Ranch country club for the tennis center, which has 20 hard-tru (clay courts). And a lot of communities around here have tennis courts.

So it’s very proactive when it comes to golf and tennis. And I don’t know if you’ve ever heard of IMG Academy, but it’s just up the road. And that’s where people will send their kids if they feel that they have the capability of becoming a professional athlete. Tennis is what they were founded on from the Nick Bollettieri Tennis Academy. So a lot of famous tennis player players have gone through the tennis school, which is now IMG Academy.

 

  • Number three on our list is: if you like to fish and you like to boat, you can’t be at a much better place. We’re very close to the marinas in Sarasota and Bradenton and Palmetto.  Anywhere up and down the coast, you’re probably within 25 minutes of a good Marina to get right to the intercoastal waterway and into the Gulf of Mexico. We have a lot of fishing here. And as a result, we have a lot of good seafood restaurants.

 

  • And number two on our list is the size of Lakewood ranch. Well, it’s about 50 square miles, and it encompasses 31,000 acres. We have about 38,000 residents. And that number is continually growing. And we have about 150 miles of trails that go through the Lakewood Ranch community. So, as far as geographic size it’s relatively large, it was developed by the Uihlein family and is now operated by Schroeder Manatee Ranch, SMR.

The Uihlein family is one of the families that started Schlitz brewery.

 

Out of the 31,000 acres that cover “the Ranch”, 40% is set aside for parks and conservation areas. So this is not one of those pave paradise and put up a parking lot type situation. We have a lot of green space here in Lakewood Ranch.

 

  • So the number one thing about living in Lakewood Ranch is the location. So we’re very close to the beaches of Siesta Key, Anna Maria Island, Longboat Key and Lido Key.  Some of those beaches have been named best beaches in the world by several different magazines, but it’s also very accessible to get to St. Pete, Tampa, and Sarasota. We have UTC mall right here in the Lakewood Ranch area, tons of shops, tons of restaurants, and indeed a great place to live.

 

Moderne Interior Design

Joan Greenfield from Moderne Interior Design.

Moderne Interior Design has been a full-service interior design firm, in Sarasota, since 1987.   Joan Greenfield holds a BFA from Ringling College of Art and Design, and a state license in interior design.  This firm specialties range from classic contemporary to modern chic.

The hallmark of this company is unique individualism and custom design of anything, from furniture and cabinetry to art and sculpture.

My favorite quote-  “As I see it, the risk in design is not being different or innovative, the risk is remaining static and predictable.”

Most important to me- Personal attention to each client, along with excellent listening skills.

 

 

You can see some of Joan’s work on her website here.

Or follow her on Facebook or Pinterest.

Inkawasi
Inkawasi Restaurant

Inkawasi Restaurant in Lakewood Ranch

With owners Jimmy and Reina Arias hailing from Peru, Inkawasi is as close to traditional as you can get without hopping a flight to Lima. The pair have recently relocated the eatery from Fruitville to Main Street Lakewood Ranch. When you go, try the fan-favorite lomo saltado

– a flame-cooked beef with tomatoes, onions, white rice and cilantro – and the authentic Peruvian beer Cusquena that’s made with water from the Andes Mountains.

If you love to support local small businesses, stop into this great restaurant and enjoy the authentic dishes that Jimmy prepares.  And feel free to leave comments below!

Fine wines on Main
Fine Wine & Tastings on Main

Fine Wine & Tastings on Main

The #1 distributor of Juggernaut wine in Florida, Fine Wine & Tastings on Main sells over 200 cases per year. Owner and Toronto native Scott Shortt has over 400 wines (30 by the glass) to ensure customers find one perfect for their palate; some are even exclusive blends only available at his shop.

Scott has lived in Sarasota since 1996 and was a member of the original Sarasota rowing crew. He works closely with the American Cancer Society, hosting events and raffling large bottles of wine to benefit the worthy cause.

Mr. Shortt is an integral and important part of our community.  It’s the small business owners that put in their time and money to not only make a living here but give back to the community, and create the unique atmosphere that makes Lakewood Ranch a special place to live and call home.

You can find Mr. Scott pouring wine and answering questions at:

Fine Wines & Tastings on Main

8111 Lakewood Main Street, Unit J105 | Lakewood Ranch, FL 34202

941.355.4718

10 year Treasury yield

It’s hard to believe that almost 1 year ago I was talking about the rise in interest rates and their effect on the real estate market here in Manatee and Sarasota counties.  Interest rates were running about 4.5-5%, and were the topic of all the news blogs, TV news stations included.  At that time I was still confident that the real estate market in our area of Bradenton, Lakewood Ranch, Sarasota, and the Islands would remain steady, for 2 reasons. First, about 50% of transactions in our area are cash.  Second, money was still relatively inexpensive to borrow.

 

10 year t-bond 1 month

10 year T-Bond 1 month

Fast forward one year and who would have imagined that rates today are about 3.5-3.75%.  Another interesting fact is that those who can afford to purchase with cash are opting for a mortgage.  Why?  Their financial advisors are telling them to keep the cash and use OPM (other people’s money).  In most cases, their portfolios are making more money than the current mortgage rates and providing positive cash flow, if only in terms of what they would be losing in return from investments had they taken out the cash.

Mortgage Rates- Freddie Mac

Mortgage Rates- Freddie Mac

  writes: Contrary to popular belief, mortgage rates are not based on the 10-year Treasury note. They’re based on the bond market, meaning mortgage bonds or mortgage-backed securities. When shopping for a new home loan, many people jump online to see how the 10-year Treasury note is doing, but in reality, mortgage-backed securities (MBS) drive the fluctuations in mortgage rates.

In fact, it is not unusual to see them move in completely different directions…

Some bond market reporters mistakenly tie mortgage rates to the performance of the 10-year Treasury bond. Many of these financial reporters possess a broad knowledge of bond markets, but they are not mortgage experts and do not fully comprehend how mortgage interest rates are determined.

In summary, the state of Florida is still experiencing large growth, mainly coming from high tax states.  Builders are very busy here in Lakewood Ranch and Sarasota, trying to keep up with demand.  As our “season” approaches for 2019-2020 we are expecting an even balance continuation of growth.  A 3-4% increase in year over year sales of existing homes and new builds would keep prices stable.  Low-interest rates will help the market continue in its upward trend.

Music on Main Lakewood Ranch FL

Spread over Manatee and Sarasota Counties in Florida is a master-planned community called Lakewood Ranch. It spread over an area of 31000 acres and considered one of the best places to live in Florida. Tucked in the southwest part of Florida, Lakewood Ranch is a community where people from all parts of the country are heading to, not just because of wonderful weather conditions but because they believe it is a great community to live and raise their kids. It is no wonder then that there is a great demand for Lakewood Ranch real estate among investors and common buyers.

Homes in Lakewood Ranch differ in style, architecture, and grandeur from one neighborhood to another. Not only are there nice ranches, but there are also villas boasting lush green gardens. If there are old villages like Greenbrook and Summerfield in Lakewood Ranch, you also find new gated communities: Arbor Grande, Mallory Park, and Esplanade. These gated communities are packed with amenities such as swimming pools, tennis courts, fitness centers, golf courses, and clubs.  Lakewood Ranch is a relatively young master-planned community, completing its 25 years this year. Today, it is home to more than 31000 residents and the number is increasing rapidly with each passing year.

Lakewood Ranch is a self-contained community in the sense that you will not need to go out for anything once you start living here. It has practically everything you will ever need to live a cozy life with your family. From dozens of shops to a number of restaurants and from parks to playgrounds, you will find that there is never a dull moment in life when you live in Lakewood Ranch. Schools are in all corners of the community and parents can be seen walking their kids to school.

Music on Main Lakewood Ranch FL

Lakewood Ranch is famous for its monthly community event called Music on Main, which happens on the first Friday of each month. This is a big attraction among the families living in the community and people can be seen enjoying live music and eating barbecue, tacos, sandwiches, and enjoying their favorite beer. The Lakewood Ranch Farmer’s Market is organized every Sunday from 10-2 from November to April where people get all sorts of fresh farm produce and even pottery and jewelry. Families enjoy live music and the Yoga classes that are organized in the evening.

Lakewood Ranch Farmers Market

Lakewood Ranch Farmers Market

If you are excited after reading this and interested in Lakewood Ranch real estate, you should contact a local, experienced realtor to buy a beautiful home for your family.

 

Multiple Offers

A multiple offer situation arises when a seller receives competing offers from two or more prospective buyers to purchase the listed property. The market conditions for multiple offers generally occur when there is a high demand for properties and a low inventory of listings or when the property is being sold by auction or a similar process sometimes referred to as an “Immediate Sale”. The primary objectives at all times are to represent your customer’s/client’s interest in the transaction and comply with the requirements of the Code of Ethics, the MLS rules, and the Company’s best practices. Multiple offers can be confusing for the seller, the prospective buyers, and even Realtors® if they do not understand the process and what obligations and options come into play for each person in the transaction.

Timely and honest communications reduce the stress for everyone while ensuring each offer is presented in an objective manner.

While a Realtor’s® primary duty is to protect and promote the interests of the client/customer, Realtors® are not relieved of their obligation to treat all parties honestly. Honest is not the same as fair. Sellers alone make the ultimate decision about what is in the seller’s best interest and how the seller wants to process the multiple offers received. Prospective buyers need to know: sellers do not have to treat the competing buyers fairly when negotiating with them nor must the offers be negotiated in the order they are received.

Seller Options: The seller has several options in responding to the multiple offers submitted. The seller decides on how to proceed and the listing agent’s duty is to provide counsel and explain the process to help the seller make an informed decision in the seller’s best interest. Seller’s options: 1) Accept one offer and reject the others; 2) Reject all the offers; 3) Work with just one of the prospective offers and counter that offer and reject the others; 4) Allow all of the prospective buyers the opportunity to improve their offers and present their “highest and best” offer by a set deadline. Upon receipt of the offers, the seller would then make a decision.

For more details and information, talk to your licensed real estate professional.

Main St in Lakewood Ranch

Lakewood Ranch is a master planned community spread over both Manatee as well as Sarasota Counties in Florida. It is a massive community having an area of 31000 acres and home to dozens of neighborhoods and condominium communities. Lakewood Ranch is as famous for its beautiful landscaping as it is for well-designed homes. It is today considered one of the most desirable places to live in Florida.

Lakewood Ranch homes for sale showed an increase in sales in the first quarter of 2019. As compared to the first quarter of 2018, 7% more sales were recorded this year. In total, 417 homes were sold in the first three months which means nearly 5 homes sold per day in the first quarter of 2019.

As far as buyers are concerned, nearly 50% were from Florida while the rest of the buyers were from other parts of the country. Among Florida buyers, nearly half belonged to the local community. Lakewood Ranch is a big attraction for families as it is not only near Tampa but also far more affordable with median home values being much less what they are in Tampa and Miami.

It is not just a strategic location or affordability that attracts families to Lakewood Ranch. They are enticed by the presence of good quality shops, restaurants, schools, hospitals, and features entertainment and recreation. Lakewood Ranch is a master planned community with all amenities and a positive family atmosphere. Parents know their kids have plenty of activities when they are out for work. These are the reasons why Lakewood Ranch homes for sale are in such high demand among buyers.

Streets in Lakewood Ranch

Streets in Lakewood Ranch

Sales of homes in Lakewood Ranch have increased in most of the neighborhoods in 2019. However, special mention must be made of villages like Savanna and Mallory Park where sales of homes have increased significantly. Woodleaf Hammock, which is a relatively new community, and a village called The Isles have registered an impressive increase in the numbers of sales. Waterside, which is a village in Sarasota County, clocked 16 sales in the month of March, reflecting the interest of the buyers. Communities for seniors such as Esplanade and Lakewood National have also registered high numbers of sales in the same period.

If you are interested in Lakewood Ranch homes for sale, you need to contact a local and experienced realtor who can find you your dream home inside your budget.