Derek Gilliam

1 week ago | wslr.org | Derek Gilliam

The once-hot Southwest Florida real estate market is now worst in the nation. By Derek GilliamOriginal Air Date: April 16, 2025Host: Home values in Sarasota and Manatee counties are falling faster than almost anywhere else in the country. This signals a sharp reversal in one of the nation’s most overheated housing markets and raises concerns about the broader economic health of the Suncoast. Derek Gilliam with the Suncoast Searchlight reports. Derek Gilliam: Angie Ramos is concerned.

1 week ago | yoursun.com | Derek Gilliam

Angie Ramos is concerned. The Coldwell Banker Realtor has five listings that have sat for months. Buyer interest is at a minimum. And the stock market has been turbulent. kAm“(6 2C6 ;FDE 7=@@565 H:E9 :?G6?E@CJ[” #2>@D D2:5]k^AmkAm(92E D96’D 6IA6C:6?4:?8 :D?’E F?4@>>@? 2=@?8 E96 $F?4@2DE]k^AmkAmw@>6 G2=F6D :? $2C2D@E2 2?5 |2?2E66 4@F?E:6D 2C6 72==:?8 72DE6C E92? 2=>@DE 2?JH96C6 6=D6 :? E96 4@F?ECJ[ D:8?2=:?8 2 D92CA C6G6CD2= :?

1 month ago | bradenton.com | Derek Gilliam

Sarasota’s Bay Park project was conceived more than a decade ago as an ambitious vision to turn 53 acres surrounding the Van Wezel Performing Arts Hall into a sprawling public park that would reshape the city’s waterfront. The first phase of the project has delivered on that vision, with expansive green spaces, walking paths and public amenities that opened to the community in 2022. A second phase is now underway.

2 months ago | heraldtribune.com | Derek Gilliam

The Sarasota metro area's rents have come off their dizzying highs from just a couple of years ago, when they reached a high of $2,305, to a new median of near $1,900 a month today. But despite a softening market, new luxury units are coming online in downtown Sarasota with rent as high as $11,000, or even $2,250 for a small studio unit. Incessant construction increasing supply and lower demand have put downward pressure on prices.

2 months ago | heraldtribune.com | Derek Gilliam

Downtown Sarasota has seen plenty of luxury condo development as several towers have been built in recent years that now soar along the bayfront — but new high-end apartments have been rare in the urban core. That was, until last year after two high-rise buildings on the east end of Main Street finished construction adding more than 420 luxury units to Sarasota's rental inventory.