Discover and read the best of Twitter Threads about #Sarasota

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Analyzing June new home sales & pricing figures from our monthly builder survey. As one builder noted: “It’s not fun to be a builder anymore.” Lumber relief is nice but pick your poison on other issues. Market commentary from across the country to follow...
#Richmond builder: “It's not fun to be a builder anymore. Cost pressure is killing us. Not only will builders like myself who take 12-24 months to build a house lose margin from increases, but the affordability is becoming a major issue.”
#Atlanta builder: “Costs have driven up prices & we’re no longer preselling. We will not sell a home until frame stage, so our sales numbers are off for June while awaiting framing stage.”
Read 26 tweets
New home sales fell in May, Y/Y & M/M. Theme of the month was sales decline by builder design. Few comments on demand slowing or skittish buyers, even w/new home prices +18% Y/Y nationally (survey record). Builder commentary from across the country per our survey to follow...
#Nashville builder: “Gapped out. Sales resume in June as new communities & phases start to open. By moving ability to contract on inventory homes later to finished drywall stage (window installation stage previously), expect sales to show continued decline. Decline by design.”
#Charlotte builder: “Paused sales from mid-May to mid-June in all communities & will selectively release homes for sale in the last 2 weeks of June & coming months. Sales look lower vs. last month but was capped due to limited lot availability & no inventory.”
Read 28 tweets
Here's May mid-month home builder channel check I hinted at earlier. Builders are pushing prices w/little pushback, though some starting. Some builders are using price escalators & highest/best offer. Many limiting pre-sales, shifting to spec, & pricing home later in build cycle.
#Dallas builder: “Not selling build jobs in May, starting specs only, and not selling until drywall. Costs are too out of control for us to take the inflation risk on build jobs. So sales are way down.”
#SanAntonio builder: “Only selling specs at Sheetrock stage. Last month, it was frame stage.”
Read 28 tweets
Some interesting housing color from mid-April around the country home builder channel check. Bunch of market commentary to follow...will try to hit most top markets.
#SaltLakeCity home builder mid-April color: “Still have 10x buyers to available homes to buy. Went to 'highest/ best' offer system March 1st & offers over asking price are shocking. Most offers are 10+% over ask, that's after raised base prices $10K to $20K+ with each release.”
#Austin home builder mid-April color: “Super high demand. Volume controlled with release process, otherwise would be unbearable. Some price increases are $100K between releases.”
Read 28 tweets
Also charged...Andrew Badolato, owner of the house in #Sarasota on Casey Key that Steve Bannon listed as his residence three years ago.…
Here’s his personal website:
Read 10 tweets

The same thing (or worse) will happen in #Florida if ⁦@GovRonDeSantis⁩ keeps insisting that it’s safe for schools to hold in-person classes. It’s a recipe for disaster in FL, a state with rising numbers of infections and deaths.

2) Many high schools in #Florida have enrollments higher than 1,000. This illustration estimates how many infected people could show up at school in the first week. Most larger schools in FL could see numbers higher than 10. #NotMyChild Image
3) Here’s a look at enrollment figures for several #Sarasota County high schools. Based on research, each one of these schools could see more than 10 people with #COVID19 coming into the building in the first week of classes. Image
Read 7 tweets
Hey #Florida! @DickieV recorded this at #SiestaKey in #Sarasota County, where he saw very few masks. He wisely says everyone needs to #WearAMask when visiting public spaces.

Let’s take his excellent advice and help everyone stay safe & healthy.

Spread the word—not the virus.🦠
Please note: @DickieV acknowledged in his next tweet that his mask was not placed properly during the recording. Image
Read 3 tweets

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