SRQ DAILY Mar 28, 2022
Monday Business Edition
"There simply are not enough homes to sell, leaving us with fewer closed sales than the previous year."
The number of total home sales in the Sarasota-Bradenton market in February dropped by 17%, a result of low inventory in a seller’s market, according to the Realtor Association of Sarasota and Manatee. Prices on homes, meanwhile, continue to increase year-over-year, with the median price of single-family homes in Sarasota County climbing to $478,000.
“The February 2022 housing statistics indicate just how low inventory is and its impact on our market,” said Tony Veldkamp, Association president and a senior advisor at SVN Commercial Advisory Group. “There simply aren’t enough homes to sell, leaving us with fewer closed sales than the previous year.”
The single-family market in Manatee was the one chief sectors of the real estate market where sales increased in February compared to last year, jumping by 559 from 536, a 4.3% boost. But in Sarasota County, single-family home sales dipped to 691 sales, down 16.8% from 297 sales last February.
Condo sales dropped in both markets, by 16.8% in Manatee and by 39.4% in Sarasota. Within the full North Port-Sarasota-Bradenton metropolitan area, sales went from 815 closed sales in February 2021 to 561 closed sales last month, a drop of 31.2%.
Veldkamp suggested a highly competitive market, with just over a half a month’s worth of inventory in the market, that’s impacting the number of sales, but it’s also driving prices higher. That’s good for sellers as units fetch increasingly high amounts. The median price of homes jumped to $458,450 in the market, a 23.9% jump from $544,546 last February. A total of $824.3 million worth of home sales closed in February alone, with the median time to contract sitting at just 6 days. As for townhouses and condos, the dollar volume of sales dropped to $264.9 million, down 28.5% from the $370.5 million in sales last February. But inventory is even lower, with only 381 active listings as of the end of the month in the entire market.
“The recent uptick in mortgage rates is beginning to impact affordability for many, especially for first-time home buyers looking to buy as a reaction to rising rent prices,” Veldkamp said.
“Meanwhile, there is still a large demand coming from out-of-state transplants who are looking to buy in our area of Florida. This imbalance of supply and demand contributes to the rapidly increasing prices we continue to see each month.”
As of the end of February, there were just 906 active home listings in the metro market, down 31.7% from the 1,326 listings last year. That likely means the pressures on the market will continue. 
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Premier Sotheby’s International Realty announced it has been ranked No. 16 on the annual RISMedia Top 1,000 Power Broker Report, moving up three spots from No. 19 in 2021. Additionally, it is ranked No. 18 on the annual REAL Trends 500 survey of the top U.S. residential brokerage companies, based on 2021’s sales performance. The brokerage moved up three spots, from No. 21 in 2021, and is the No. 2 Sotheby’s International Realty affiliate worldwide by sales volume. A record-breaking year, the company surpassed $10.7 billion in total sales volume and 10,608 transaction sides. Per the survey, the company achieved a combined average sale price of $959,130 across all its regions in Florida and North Carolina.
“It is an honor to rank among the largest real estate firms in the country, many of which are national in scope,” said Budge Huskey, president and chief executive officer of Premier Sotheby’s International Realty. “We are deeply grateful for our valued customers and for our talented team of global advisors committed to providing exceptionally elevated experiences. They continue to take us to new heights year after year.”
The REAL Trends 500 is an annual research report that identifies the country’s largest and most successful residential firms as ranked by closed transaction sides and closed sales volume. The report represents the standard of measuring the performance of the nation’s leading realty service companies. This year's survey represents the most comprehensive collection of data assembled on the leaders of the residential brokerage industry. Numbers are documented by outside accounting firms and/or MLS reports.
Photo of Budge Huskey, CEO and President, Premier Sotheby's International Realty
Dana Dalpra and Anthony Cancro have joined the Ringling College Advancement Office as Development Officers. Dana will serve as Development Officer and Anthony will serve as Senior Development Officer. Anthony CancroAnthony comes to Ringling College from Pennsylvania where he spent much of his fundraising career. Most recently, Anthony served as director of development for the school of Health and Rehabilitation Sciences for the University of Pittsburgh/University of Pittsburgh Medical Center where he was responsible for all fundraising including major gifts, planned gifts, donor stewardship, and development research as well as volunteer management for the SHRS Board of Visitors. Anthony received his Bachelor of Arts in biology and political science from Thiel College, Greenville, PA, and MBA from Indiana University of Pennsylvania.
Dana spent much of her life between Chautauqua, New York and Sarasota and is familiar with the Sarasota community. Her professional background includes event management and communications, client relations, and small business ownership. Dana received her Bachelor of Science degree in biology from Suffolk University in Boston Massachusetts and has continued interest in environmental conservation and health.
“We’re very excited to add these two dynamic and engaging officers to our Ringling College Advancement team,” said Ringling College Vice President for Advancement Stacey Corley. “Both Dana and Anthony are responsible for identifying, cultivating, and stewarding donors, including individuals, corporations and foundations, raising funds for scholarships and other initiatives at the College. We value their innovative ideas and energy, and please join us in welcoming them to the community.”
Berlin Patten Ebling, PLLC is pleased to announce that the Firm has named four new partners at the law firm. Natasha Selvaraj, Rachel Drude-Tomori, Daniel Guarnieri, and Andrew Conaboy have been named partners. Natasha Selvaraj focuses on commercial and residential real estate transactions, condominium development, and developer representation. In addition, Natasha manages the Firm’s Lakewood Ranch office. Rachel Drude-Tomori leads Berlin Patten Ebling's probate and trust administration practice from the Firm's St. Petersburg office. Rachel's focus is on Estate Planning, Probate & Elder Law, including will contests and Florida's elective share laws. Andrew Conaboy is the partner managing the Firm’s office located in Venice. Andrew’s practice is focused mainly on residential and commercial real estate transactions. Dan Guarnieri manages Berlin Patten Ebling’s Sarasota litigation group. Daniel’s practice includes residential and commercial litigation, corporate matters, and maritime litigation.
“We are thrilled to welcome Natasha, Rachel, Daniel, and Andrew as Partners,” said Attorney Evan Berlin, Managing Partner of Berlin Patten Ebling. “These four excel at the practice of law and embrace the culture of excellence, teamwork, and collegiality that sets BPE apart from other firms in the area. Additionally, they have proven themselves to be trusted advisors in their roles and leaders within the Firm. The Firm is incredibly proud of what they all have been able to accomplish in their time here at BPE.”
With over 25 years of experience in the Lakewood Ranch - Sarasota area, Rogers Griffin Group is comprised of agents possessing a depth of local and industry knowledge. Together, their mission is to strategically maximize value for buyers and sellers by employing cutting-edge marketing and utilizing current data to inform decision-making. The Rogers Griffin Group is committed to consistently providing exemplary service.
Photo of Shannon Rogers, Mike Griffin and Nicole Pies.
KnaQ (pronounced Knack), the first-of-its-kind social marketplace to empower nearly anyone to create new income streams using their current skills, has officially launched its platform as well as a crowdfunding investment campaign on StartEngine. The platform welcomes both buyers and sellers to join the social marketplace for knowledge and skill-sharing in the United States and Canada.
The KnaQ marketplace offers three opportunities for sellers, who are referred to as KnaQ Experts. Knowledge Sharing services are for online teaching, coaching, and consulting over integrated video. The social marketplace's Skill Sharing component allows users to hire individuals based on their time and skills, and the Connections program provides small businesses and independent workers with the ability to find more opportunities to grow their businesses.
With skills ranging from the obvious to obscure, KnaQ's AI (artificial intelligence)-driven social marketplace provides users with the ability to connect with people with legitimate expertise, in 24 life-enhancing categories, both locally and globally. KnaQ's platform is actively addressing the demand coming from an estimated 2.8M new freelancers this year in a multitude of exciting ways and from a new generation of consumers who want to support freelance workers offering services for their personal, family and business needs.
Ringling College of Art and Design welcomes Dr. Phyllis Brown as Director of the Osher Lifelong Learning Institute (OLLI) at Ringling College, located on the Ringling College of Art and Design Museum Campus. Highly regarded as an administrator, Phyllis brings more than 30 years of experience in higher education, a strong vision for leadership in the field of education, and a passionate commitment to lifelong learning. Much of Phyllis’ success can be attributed to her collaborative, team-centered approach to learning and leadership. Phyllis has held key leadership positions locally with the Manatee Literacy Council, Friends of the North Sarasota Library, and the State College of Florida, Florida Heritage House. Most recently she served as associate dean/campus director for the School of Professional and Continuing Studies, Springfield College in Tampa, Florida. She also led undergraduate studies at Goddard College, Plainfield, Vermont and Port Townsend, Washington. Prior to Goddard, she served as assistant professor of education, School of Education, Lesley University, Cambridge, Massachusetts. A native of Rhode Island, Phyllis graduated from the University of Rhode Island with a Bachelor of Arts degree in history; earned a Master in Management of Human Services from Brandeis University, Waltham, Massachusetts; and a Doctorate in Education from the University of Massachusetts, Amherst.
Properties of Ground: Post (post) Painterly Abstraction, A Two Person Exhibit with Michael Crabb and Tom Stephens. The artwork in this exhibition is foregrounded by the artist’s practice, making the experience of painting paramount to the outcome. Post-painterly abstractionists rejected the mysticism of abstract expressionism and their preconceived references to the external world. They created a purely factual kind of art which functioned in terms of the basic elements of the medium itself; form, colour, texture, scale, composition and so on. Two abstract process painters, well known in the Sarasota/Bradenton/Tampa Area, Michael Crabb and Tom Stephens show their works in this very Post (post) Painterly exhibition focused on the studio experience. These painters emphasize the physical act of painting as an essential part of the finished work, taking precedence over content or representation. Opening Night Reception is Friday, March 18th, 2022 from 6pm to 8pm. Open Exhibition Dates are March 19th through April 2nd By Appointment Only.
Wise, heartfelt, and often comical, this anthology of award-winning short plays celebrates imagination. These winning plays, written by elementary school students from our community and around the world, are brought to life by a cast of professional actors. From a star who could not twinkle to a dragon plagued by hiccups, we've shined a spotlight on the magic of children's creativity through this beloved annual production for over 30 years. Join us in celebrating what stories young playwrights have imagined this school year in an all-new play filled with laughter, lessons, and learning for us all. The Grandma That Eats Everything by award-winning Young Playwrights will play Saturdays and select Sundays from March 26, 2022 - April 16, 2022 in FST's Keating Theatre. Subscriptions and single tickets are on sale and can be purchased by clicking the button above or by calling the Box Office at 941.366.9000.
Volunteers will be accepting donations of food when the Orioles host the Rays for spring training at Ed Smith Stadium at 1:05pm on March 30. Look for Mayors’ Feed the Hungry partners at each entrance and at the community booth on the concourse. The Mayors’ Feed the Hungry Program coordinates with churches and food pantries throughout Sarasota and Manatee counties. The program also works with agencies that serve children in low-income families, survivors of domestic violence, and the elderly. Please consider bringing a donation to support our efforts. The Orioles will donate the proceeds from the speed pitch machine on the concourse to the Mayors’ Feed the Hungry Program, so test out your skills for a good cause! The team will also let kids run the bases, which doesn’t raise money for the hungry but is another incentive to come out and cheer on the Orioles and the Rays. Remember, you can help the hungry year-round by donating online. Visit FlanzerTrust.org and choose the Mayors’ Feed the Hungry Program when you make your donation to raise matching funds from the Flanzer Trust.
The John and Mable Ringling Museum will offer a variety of seminars, lectures and presentations on philanthropy, estate planning and making an impact on arts and culture. This months seminar investigates planning your legacy with gift giving essentials.
Chao Lecture Hall
Maestro Bramwell Tovey leads a program of works by composers who fearlessly charted their own paths on Friday, April 1 at 8pm, Saturday, April 2 at 8pm, and Sunday, April 3 at 2:30pm at the Van Wezel. British composer Samuel Coleridge-Taylor's Ballade for Orchestra is alternately tender and highly dramatic. Violinist Angelo Xiang Yu stars in the cinematic Concerto for Violin by Korngold, the first composer of classical music who was also renowned for his career writing Hollywood film scores. The program concludes with the glorious Symphony No. 7 by classical music's most famous "bad boy," Beethoven.
A Skeptic and a Bruja by Rosa Fernandez Directed by Patrice Amon is A WORLD PREMIERE produced in Collaboration with freeFall Theatre and will run from April 1 to May 1, 2022. Priscilla buys a home in the middle of nowhere with the hopes of turning it into a lucrative bed and breakfast. When she starts having paranormal experiences, she calls Sam and Jess from the hit ghost-hunting show "A Skeptic and a Bruja" to help her. None of the women are prepared for the haunting they encounter next.
This In-Studio Performance featuring Monessa Salley will take place on Friday April 1st and Saturday April 2nd 2022 at 7pm and its Virtual Stream will take place on April 2nd at 7pm.
A museum in motion as professional pavement artists from around the world use chalk as their medium and the pavement as their surface with a few pushing the boundaries, including walls and other materials. You are an integral part of the creative process as the viewer laying witness to artists creative process, turning the pavement into a museum in motion while creating oversized masterpieces in chalk. Become a part of the illusion by stepping onto the 3D paintings for photo opportunities and sharing memories. Each day the interactive zone for the 'Young and Young at Heart' is so you have the opportunity to be creative with chalk. We provide colorful chalk, ground surfaces and chalk walls so everyone can create their own mini-masterpiece, or just scribbles to see how easy, or challenging it can be to create with chalk. You can chalk your name or whatever comes to mind. Each day of the festival you can sit under the big tent and listen or dance to live music featuring a diverse selection of local and national musicians and bands. The line-up of live performances will be listed one month prior to event. Each day arts and craft vendors, food vendors, and beverages and spirits of all kinds are available so you can spend a few hours or all day getting lunch, listing to music, shopping with vendors, having a drink and taking your time strolling the artwork. The Chalk festivities run 3 days starting on Friday, April 1 - 3, 2022 from 10am to 8pm at the Venice Airport, 610 Airport Avenue East, Venice.
The 24th Annual Sarasota Film Festival will take place from April 1 to 10 at CMX CinéBistro Siesta Key. Independent and International narratives, docs and shorts are programmed into a schedule of over 100 features, themed shorts packages and additional programming sidebars that change each year to reflect the strengths of submitted films. Festival events include socially-driven parties and private receptions to honor guest filmmakers, community-wide street festivals and the black-tie Filmmakers Tribute Dinner. SFF patrons have enjoyed intimate performances from Aerosmith and The B52's as well as a host of special appearances from local and international musicians. A host of guests and filmmakers attend to promote their films and celebrate the accomplishments of their peers.
Immerse yourself in the world of Vincent Van Gogh like you've never experienced before from March 4, 2022 to April 24, 2022 at the Starry Night Pavilion at University Town Center, 195 University Town Center Drive. Beyond Van Gogh is a rich and unique multimedia experience, taking the viewer on a journey through over 300 iconic artworks including instantly-recognizable classics "The Starry Night", "Sunflowers", and "Cafe Terrace at Night", now freed from their frames. Set to a symphonic score and using the artist's own dreams, thoughts, and words to drive the experience as a narrative, Van Gogh's art comes to life by appearing and disappearing, flowing across multiple surfaces and heightening the senses with their immense detail. Guests will leave with a new appreciation of this prolific artist's stunning work. Hours of Operation are Sunday through Thursday: 10am to 9pm and Friday & Saturday: 10am to 10pm. The visit will take around one hour with final entry one hour before close.
The Ringling is pleased to present an exhibition that celebrates the life and artwork of Eleanor Merritt from February 18, 2022 to August 21, 2022. Eleanor was a dedicated volunteer at The Ringling for many years as a docent and Board member. She also served as president of the Venice Art Center and was active in other arts organizations as well. Eleanor passed away in 2019 leaving a legacy of art and public service. This exhibition is dedicated to her spirit and creativity and represents a small sample of a significant body of work the artist created over her long career. Beginning with an early work from the 1950s Untitled (Seated Figure) and concluding with her last painting Blue Embrace of 2018, the exhibition highlights her creative use of materials, movement between figuration and abstraction, and her commitment to women’s rights. The works in the exhibition come from the artist’s estate and from a few prestigious private collections. The artist’s daughter, Lisa, and artist Mike Solomon were critical guides in the development of this exhibition.
Join us for the 2nd Annual Lido Beach Spring Craft Show on April 2-3, 2022 at Lido Beach in Sarasota, FL. Produced by Paragon Festivals and graciously hosted by the Downtown Sarasota Enrichment Association with the Humane Society of Sarasota the event’s Special Guest. Artisans and crafters from across Florida and throughout America will create a palette of artistic creations in mediums such as sculpture, jewelry, painting, photography, glass, ceramics, mixed-media, metalwork, fiber art, woodworking and more. If you do not find exactly what you wish, consider commissioning a piece made specifically for you as the artists creating all these works will be present at the event. Hours of the Lido Beach Spring Craft Show are Saturday and Sunday 10am-5pm. Admission is free. Come discover the beauty and functionality in what people create. Find that piece of art for home or office to enrich your life and inspire you each day.
Honoring the significant contributions of African Americans over the years on the “Great White Way” is “Broadway in Black.” Broadway musicals have charmed the world for decades; WBTT salutes that genre with an original revue by Nate Jacobs – who will direct – that was first presented in the summer of 2017. Sing along with your favorite songs from award-winning shows and breakthrough roles that helped launch the careers of such African-American artists as Melba Moore in “Purlie,” Ben Vereen in “Pippin,” Jennifer Holliday in “Dreamgirls,” and Nell Carter in “Ain’t Misbehavin’.” It’s Broadway, WBTT style! Jacobs will direct; resident choreographer Donald Frison will take the production to the next level with thrilling new choreography. Show runs from March 9 to April 24, 2022. Ticket sales are scheduled to begin in the late summer. Call the Box Office at 941-366-1505 or visit westcoastblacktheatre.org.
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