April 26, 2024
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Who Said That?
Florida's quote of the day
" Not everyone has the stomach or the two years to do that."
-- Roger Pettingell of Coldwell Banker Previews
Longtime residents love nearly everything about Sarasota except its penchant for tearing down old houses.
If the houses are on the waterfront, they’re an even bigger target for the bulldozer. The older they are, the harder they are to sell — and the more likely they will be demolished.
“What we are seeing nowadays in waterfront is appreciating land and depreciating house,” said top-selling agent Roger Pettingell of Coldwell Banker Previews. “When it gets to the point that the land so outvalues the house, then the house is a teardown.”
Read more at the Sarasota Herald-Tribune.
