IRS Extends Real Estate Investing Tax Deadlines

Both 1031-exchanges and Opportunity Zone investments have deadlines that must be met – but the IRS extended those deadlines if they occur before July 15, 2020. WASHINGTON (April 10, 2020) – The Internal Revenue Service (IRS) has given real estate investors a break if an Opportunity Zone investment or 1031 like-kind exchange deadline already underway [...]

Governor Issues Statewide Stay-at-Home Order

ORLANDO, Fla. (April 1, 2020)— This afternoon, Gov. Ron DeSantis issued an executive order calling for all Floridians to stay home except to obtain essential services. This order is effective tomorrow at midnight. Per the order, residential and commercial real estate, including settlement services, are considered essential. Although members may continue to operate, they are [...]

RASM Asks Counties to Deem Real Estate Services Essential

SARASOTA, Fla. (March 25, 2020) - With the threat of states and counties shutting down non-essential services, your Government Affairs Department at the REALTOR® Association of Sarasota and Manatee is taking a proactive measure to ensure that real estate services stay open. On March 24, 2020, RASM sent letters to Sarasota and Manatee counties on [...]

2020 Housing Market Starts Strong; Bracing for Change in March

Click HERE for the February 2020 statistics press release and summary charts. The March 2020 report will be released April 21, 2020. SARASOTA, Fla. (March 20, 2020) – In Sarasota and Manatee counties, the February housing market reports more closed sales and an overall rise in dollar volume. According to monthly reports from Florida Realtors®, [...]

September Sales Hit Highest Year-Over-Year Gains this Year

Click HERE to download and review the full statistical report or visit www.myrasm.com/statistics. September 2019 statistics will be released on November 21. In September 2019, closed sales increased in the two counties with single-family homes showing the best year-over-year gains this year. According to monthly reports from Florida REALTORS®, inventory The combined number of properties sold in Sarasota [...]

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