SRQ DAILY Feb 22, 2021
Monday Business Edition
"Waiting to purchase is a mistake right now."
For all the economic impact of the COVID-19 pandemic, the housing market in the region continues to boom. The Realtor Association Sarasota and Manatee reports that in January, home sales increased by 23.6% in the two-county area in January compared to January 2020, the last month before the coronavirus surfaced in the United States.
In January, 666 single home sales closed in January in Sarasota County compared to 565 the same month last year. In Manatee, 515 such deals closed, up from 410. The 1,181 sales in the two counties represent a 21.1% year over year. Condos saw an even greater jump, of 27.8% in the region. Condo sales in Sarasota jumped 32.6%, from 344 in January 2020 to 456 last month, while sales for condos in Manatee leapt 20.5%, from 220 last January to 265 this January.
The two-county area also has a high number of sales that were pending at the end of the month, up around 32.7% for condos and single-family homes combined.
Meanwhile, the media price of single-family homes in Manatee rose to an all-time high of $370,000 in January. That’s higher for the month than Sarasota County’s media price of $340,004.
“Our sales tend to be strong through fall and winter, but what we're seeing right now is unprecedented. There are far more buyers than sellers, which reinforces the trend of rising prices and competition in our marketplace,” said Alex Krumm, RASM president. “Buyers can expect to see stiff competition in the marketplace, but should feel good about getting a home with a record low interest rate that's almost certain to increase in value this year.”
The Fed Funds Rate for the last month has been 0.25, compared to 1.75 a year ago, something driving transactions.
Meanwhile, the inventory of single-family homes available to sell remains remarkably low, with a 1.1-month supply listed in Manatee and a 1.2-month inventory available in Sarasota. There’s a little more competition in condos, but not much, with a 2.1-month supply in Sarasota and 1.6-month inventory in Manatee.
“Waiting to purchase is a mistake right now,” said Krumm, broker-owner of NextHome Excellence. “Home prices are increasing at an incredible pace with no sign of slowing, and sellers can take advantage of a very favorable climate to fetch good prices and great terms.” 
Graphic courtesy RASM.
The Tidewell Foundation, Inc. announced Jason Toale and Raymond Dean Hautamaki, M.D. as its two newest Board of Trustees members. “We are excited to welcome Jason and Dr. Hautamaki to our Board of Trustees,” said Tidewell Foundation President Debbie Mason. “They bring a wealth of knowledge and experience in business and medicine. I am confident that their excellent leadership will help the Tidewell Foundation in its commitment to growing the programs and services of Tidewell Hospice and its family of companies.”
WB Golden Point, LLC, DSDG Architects and GATES Construction held a groundbreaking ceremony for “Evolution”, a premiere luxury condominium located at Golden Gate Point overlooking the Sarasota Bay. With only twenty units available, this new nine-story residence offers a combined total space of nearly 54,000 square feet of robust living space. The design team at DSDG Architects integrated modern amenities with a harmonious environment creating an elevated living experience, with a backdrop of breathtaking views capturing the spirit of the Sarasota bay. The project is slated to be completed by summer of 2022 by GATES Construction as Construction Manager and design services provided by DSDG Architects. For complete details about the “Evolution” at Golden Gate please visit www.111goldengate.com, or visit the sales showroom at 1819 Main Street, Suite 107, Sarasota, Florida 34236.
Whether you are visiting Siesta Key, a bride getting ready for the big day, or a local looking for a fitness community, Kayla Fassio's bootcamps are just what you need to stay on top of your fitness goals. As a personal trainer, yoga instructor, and online health expert, Kayla's passion is connecting with women through nutrition and exercise. Come enjoy 60 minute full-body workouts every week Wednesday and Fridays at 5:30pm at Suncoast Sports Club located at 1000 Glebe Lane Siesta Key, FL 34242. First class is always free and 10% of proceeds are donated each month.
kayla@kaylafassiofit.com
Click here for more information and to start your fitness journey.
Murray Homes launches Murray Premier Services (MPS), a concierge home care program committed to maintaining, improving and preserving custom, luxury and waterfront homes in Sarasota. MPS carries out a thorough home check up, creates a detailed maintenance report, and produces a repair schedule. Each job is assigned to a project manager or approved subcontractor, who will oversee the work and ensure a high level of craftsmanship and customer service. Steve Murray, CEO commented, “I am very excited to launch Murray Premier Services. This new business is the result of many months of work to fill a gap in the luxury market. The idea for the business initially stemmed from responding to the needs of our past new construction clients, who told us that they wanted to protect their investment and ensure its longevity."
Circus Arts Conservatory (CAC) has a unique, exciting and healthy option to consider: from March 15-19, the CAC will offer its first-ever Spring Break Camp. Students ages 6-15 will have the opportunity to learn a variety of circus acts while gaining physical proficiency, learning self-discipline, and developing important life management and social skills. CAC Executive Vice President/COO Jennifer Mitchell said, “Physical activity is essential for physical well-being and enhances academic performance. Our kids tend to be high-achieving, confident, disciplined, and learn lessons that help them to be successful in life." The camp will be offered Monday through Friday, 9am-3pm in the Sailor Circus Arena (2075 Bahia Vista St, Sarasota). Tuition is $325; after care is available from 3-5:30pm for $30/day or $75/week. Pre-registration is required.
February 25 through 28, The Players Centre for Performing Arts presents, Broadway on the Bay, a breathtaking night of dazzling Broadway tunes. Relax by the bay in the magical Marie Selby Botanical Gardens for sunset and a show. Enjoy some of your favorite local performers: Jamon Buie, Jamie Molina, Alana Opie and special guest performer, TV and Broadway’s Teresa Stanley, singing some of your favorite musical theatre standards. Tickets: $20 adults/ $12.50 student (under 24).
Sarasota County just renewed its incentives. What's that mean for job creation?
Click here for the full feature in SRQ's January 2021 edition.
Have you ever wondered what happens when a star is born? Our newest Planetarium show helps you find out. “Sea of Stars: Sail Through the Milky Way” takes you on a journey to visit baby stars in a stellar nursery, see the nebulas left by dead stars (like the one pictured to the right), and explore the supermassive black hole at the heart of our Milky Way galaxy. Prepare to be star struck. Also showing: "Mars Revealed," where we fly you from Earth to the Martian surface where you’ll discover some of the geographical features that could indicate whether life ever existed on the Red Planet, and "Flight Through Our Solar System," which takes you from the sun past Pluto to the icy outer reaches of the Kuiper Belt and the Oort Cloud. Show times include “Mars Revealed” 10:30am and 12:30pm Wednesday through Saturday and 12:30pm and 2:30pm Sunday, “Sea of Stars: Sail Through the Milky Way” 11am and 2pm Wednesday through Saturday; 1pm and 3:30pm Sunday, and “Flight Through Our Solar System” 12pm and 2:30pm Wednesday through Saturday; 2pm and 4pm Sunday. Planetarium shows are included in the price of admission. Due to social distancing guidelines, guests are asked to sign up for their preferred showtimes when they arrive at the Museum.
Gioachino Rossini's The Happy Deception will play at the Sarasota Opera House on February 12 at at 7:30pm, February 14 at 1:30pm, February 17 at 7:30pm, February 20 at 1:30pm, February 23 at 7:30pm, and February 25 at 7:30pm. A duchess disappears and then washes up on a beach in a small mining town. A kind miner takes her in and cares for her, until ten years later when her grieving husband and his entourage pay a visit. Abduction, menace, passion, and comedy all swirl towards a happy conclusion. Tickets starting at $25 and online streaming is available.
WBTT Founder/Artistic Director Nate Jacobs stars as the irrepressible Aunt Rudele — the busybody relative who knows no boundaries but always knows best — in this hilarious one-man show. Written by Jacobs with contributions from Julian Olf, who also directed, “Aunt Rudele’s Family Reunion” was filmed live on the WBTT stage in 2016. While attending the Stevens family reunion, Aunt Rudele introduces her kinfolk through songs, dances, prayers, sermons and verbal duels. Her observations are searing and laugh-out-loud funny. In the Southern tradition, this show serves up a main dish of laughter with a side order of down-home wisdom. Available for purchase Friday, February 12 — Sunday, March 28, 2021. Buy a 48-hour virtual pass and you will receive an exclusive access code valid for 48 hours from the time you activate the code. Video access ends Tuesday, March 30, 2021. See the show via your Computer, Tablet, Smart Phone or Smart TV.
Try Your Hand at Poetry a Writing Workshop led by Doug Knowlton will take place over the course of four Zoom sessions on Tuesdays at 6pm, including February 16, February 23, March 2, and March 9. Have you always wanted to write poetry, but thought the genre was just too difficult? This is your chance to give it a try using Mary Oliver's A Poetry Handbook as a guide. With passion, wit, and good common sense, the celebrated poet Mary Oliver tells of the basic ways a poem is built - meter and rhyme, form and diction, sound, and sense. She talks of iambs and trochees, couplets, and sonnets, and how and why this should matter to anyone writing or reading poetry. Doug's been writing poems and lyrics since the 1960s. He emceed the open mic at Java N'Jive Coffee House in Palmetto in 2002-2003. He was a regular at the Fogartyville Cafe Open Mic in 2002-2005 and hosted the Village Bookshop Poets and Writers from 2006-2011. Doug finds it especially fulfilling to encounter readers and listeners who are awakening to poetry's vast potential. A fee of $21 is required for participation. This includes a copy of A Poetry Handbook and all four sessions. The book can be picked up curbside or at the store (We will send you an email when the book is ready for pickup). The cost is $26.50 to have the book shipped to you via US Mail.
Giovanni Battista Pergolesi's Maid to Mistress will play at the Sarasota Opera House on February 19 at 7:30pm, February 21 at 1:30pm, February 24 at 7:30pm, February 27 at 1:30pm, March 2 at 7:30pm, and March 4 at 7:30pm. A wealthy bachelor grows impatient with his saucy young maid and resolves to find a wife to care for him properly. The maid has other ideas and schemes to get the promotion she desires - bride and mistress of the home. Tickets start at $25 and online streaming is also available.
Exploring Watercolor Class with Gail White on Fridays February 19 through March 26 from 9:30am to 12:30pm. This class is friendly and supportive, and offers guided instruction and demonstrations. The lessons include: design aspects of planning a composition, use of photo references and live setups, watercolor techniques and discussion of color usage and properties of various pigments. This is an online course. When you register (and are paid in full), a Zoom link will be emailed to you. If your teacher has additional handouts, those will also be emailed to you.
Asolo Rep continues its season in association with Goodman Theatre and Seattle Rep with the launch of a rolling world premiere of Cheryl L. West’s provocative and poignant new play with a bright future: Fannie: The Music and Life of Fannie Lou Hamer. Originally commissioned and developed by Goodman Theatre and Seattle Rep, Fannie tells the impassioned story of American civil rights activist and hero, Fannie Lou Hamer. Running February 20 to March 3 at 7pm and directed by Henry Godinez (Resident Artistic Associate at Goodman Theatre), Asolo Rep will start the “roll,” followed by productions to be announced at Goodman Theatre and Seattle Rep. E. Faye Butler, who gave a tour-de-force performance as Queenie in Asolo Rep’s 2013 production of Show Boat, will portray the title role in this deeply moving one-woman production.
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