The Soda Group Blog

Labor Shortage Causes Headaches for Builders

DAILY REAL ESTATE NEWS | THURSDAY, JULY 06, 2017 

Buyers eyeing newly constructed homes may need to brace for building delays and higher prices due to an ongoing labor shortage. About two-thirds of homebuilding contractors say they’re struggling to finish projects on time because of the labor shortage, according to a new survey sponsored by USG Corp. and the U.S. Chamber of Commerce. More than one-third say they sometimes have to turn projects down.

“Basically, they’re just making people work harder as a way to cope,” says Steve Jones, senior director of Dodge Data & Analytics who is part of the research team. Sixty-one percent of survey respondents say they’re having trouble finding skilled

808 Views, 0 Comments.

A home in Country Club Village at Lakewood Ranch topped all transactions in this week’s real estate. Raju Lakhwa and Sunita Lakhwani, of Ketchikan, Alaska, sold their home at 6935 Lacantera Circle to Michael and Roxane Grandstaff, of Bradenton, for $950,000. Built in 2007, it has four bedrooms, four baths, a pool and 3,702 square feet of living area. It previously sold for $600,000 in 2009.

Hyde Park

Lee and Deborah Hirschey, of Sarasota, sold their home at 7306 Westminster Court to Carol Kwiatkowski, of Bradenton, for $750,000. Built in 1999, it has three bedrooms, three baths, a pool and 3,923 square feet of living area. It previously sold for $990,000 in 2011.

Country Club Village

Peter and Nancy Cicero, of Presto, Pa., sold their home at

103 Views, 0 Comments.

Real Estate Trends in Lakewood Ranch, FL  34202, Manatee County

During the months of March, April and May, 2017 the difference between the original median list price and the median sales price of homes in Lakewood Ranch, FL zip code 34204 has increased.  The results were calculated from approximately 270 listings and reported by the MLS.  Meanwhile the List Price has increased over the past month (April to May 2017) by approximately 34%.

Month                List Price                    Sales Price                 Differential

Mar 2017           $512,500                    $502,285               - 2.01%

Apr 2017            $459,900                    $404,950                   -12.51%

May 2017           $650,000                   

118 Views, 0 Comments.

Pre-approved luxury home buyers are better buyers in Lakewood Ranch, Florida

 Chances are if you are reading this, you are thinking about buying a luxury home in the 34202 zip code.

Unless you are paying cash being a pre-approved buyer is the best way to make an offer on a luxury home in Lakewood Ranch, FL.

Pre-qualified simply means the buyer has only stated how much he earns and what he owes. Although the information may be factual, it is not verified by the lender and not sufficient to give a mortgage.

Pre-approved buyers have provided the lender with documentation such as pay stubs, W-2’s, tax returns, all sources of income, and debt.  A credit check will be run.  Once the information has been verified the lender will issue a conditional

107 Views, 0 Comments.

If you and your neighbors are discussing the local real estate market, comparing

real estate rumors and wondering what’s up with the market? I’ll tell you it’s

next to terrible. The re-sale market continues to suffer due to all the new

construction competition and large inventory of resale homes on the market. I

know the conversations Donna and I are having with our Sellers. Sellers are

frustrated, having to keep the home “show ready” and not receiving an offer. If

you do get an offer on your house, you’d better give it some serious thought and

consideration to take it or negotiate very little. The resale market continues to

decline. New construction is the huge competition. Buyers want the bright,

shiny new construction. If a

87 Views, 0 Comments.

                                                                                      Open Houses offered by:

                                                                                         Jim and Donna Soda 

                                                                                   October 16th from 1-4 pm

                                                                                            The Lake Club 

                                                                                    1] 8365 Catamaran Circle 

                                                                                    2] 8218 Portlight Court 

 

                                                                                       

668 Views, 0 Comments.

Lakewood Ranch

Live. Work. Play.

 

Tour of Homes 2016!!

October 21st thru November 20th

Come tour more than 60 model homes!

 

 Start at one of the Lakewood Ranch Information Centers for model guide, map and passes:

6220 University Parkway Lakewood Ranch, Florida 34240 (941) 907-6000

11506 Rangeland Parkway, Lakewood Ranch, Florida 34211 (941) 753-1469

 

Activities and events during October...

  • CAR SHOW  on Main Street,  Wednesday October 5th 6:00 – 9:00
  • MUSIC ON MAIN    Friday October 7th ,  6:00-9:00 Music by Goodbye Eddie  (classic rock) Live music & DJ, Food and Beer tents Proceeds benefitting Women’s Resource Center of Manatee
  • BIKE TOUR October 8th Meet Greg at the fountain on Main Street at 8:00am for a 1
217 Views, 0 Comments.

     Activities and events during September...

  • MUSIC ON MAIN    Friday September 2nd   6:00-9:00 Music by Big Night Out, Latin and top 40.  Proceeds benefitting Chargers Soccer Club.  
  • CHARGERS SOCCER CLUB 2016 LABOR DAY SHOWCASE. Sept 2nd thru 5th. Premier Sports Campus.  More than 260 teams and approx. 15,000 visitors expected to attend the long weekend soccer event.  Both boys and girls U11 thru U19 teams from across the US will be competing.  The public is welcome to attend and both the Event and parking are free.
  • CLASSIC CAR SHOW  on Main Street,  5:00 Wednesday September 7th 
  • ANCIENT OAK GUN CLUB Upcoming events:  September 11th NSCA shoot “September Slam” and September 24th NSCA shoot “Crying Towel”. Set in a pristine area off of
218 Views, 0 Comments.

Sotheby’s International Realty is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each office is independently owned and operated. Equal Housing Opportunity.