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FHFA Rescinds Plan Penalizing Borrowers With High Credit Scores
The Federal Housing Finance Agency (FHFA) announced the rescission of its proposed loan level pricing adjustment changes. The changes had been announced on January 19, 2023 and slated for implementation on May 1. Its implementation was then delayed to August 1, but will no longer be implemented. Proposed changes included an upfront fee on borrowers with debt-to-income (DTI) ratios greater than 40%, and a fee increase on borrowers with credit scores over 680 and down payments from 5% to 25%.
National Association of Realtors President Kenny Parcell praised the FHFA's decision: "This is a huge victory for consumers. NAR opposed the DTI fee and believes public comment and further research from the industry, analysts, and concerned consumers will help the FHFA reconsider the pricing changes in hopes of lowering fees on all borrowers." |
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Buyer Demand Is Still Strong
for Sarasota Luxury Homes
Buyer demand is still strong for up-to-date, luxury homes in Sarasota. Our group listed and sold this exquisite property on Siesta Drive in just three days. We worked with the seller to implement a strategy that created multiple offers and a sale above list price. Backed by three decades of tenacity and innovation, our promise is to create outstanding results for you. We have a proven strategy, plus dedicated marketing and customer care professionals to ensure your success. See the picture perfect photos, video and 3D tour created for this home at: |
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| GLOBAL CONNECTIONS |
Global Networking Initiative
Sotheby's International Realty's Global Networking Event |
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Andrew and Natalie attended the Sotheby's International Realty 2023 Global Networking Event at The Wynn in Las Vegas. This year's event brought together nearly 3,000 attendees from 44 states and nearly 40 countries around the world -- marking the brand's biggest event to date. Andrew and Natalie networked with partners from across the US and around the world, and attended informative and motivational sessions about the current state of luxury real estate. |
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Global Real Estate Portfolios
Buying and selling real estate wherever
your dreams take you |
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Nancy Endara has extensive experience helping clients buy and sell their homes in Sarasota from thousands of miles away. She also connects with local experts across the country for clients who want to purchase real estate in other locations. The Laughlin Tanner Group's advisors are well equipped to manage comprehensive real estate portfolios with the unique representation that comes with the Sotheby's affiliation and our global network of strategic partners. |
| FEATURED LISTINGS |
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COMING SOON:
1915 CLEMATIS STREET
WEST OF TRAIL
4BR /4BA / 3,168SF | $3,150,000
Excellent West of Trail location with A+ schools and only two blocks to Southside Village and Sarasota Memorial Hospital. Completely and tastefully redone, you'll fall in love the moment you walk in the door. Nice-to-have features include three-car garage and extended outdoor living area. Contact me for an exclusive preview. |
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1414 POINT CRISP ROAD
PRIVATE PENINSULA ON SOUTH SIESTA KEY
6BR / 8.5BA / 7,162SF | 1.2 Acres | $15,950,000
Siesta Key coastal home where superlatives are a way of life: 1.2 acres on a peninsula. 360-degree bay views. 546-ft. waterfront on Little Sarasota Bay. Private road for extreme privacy. Water views from every room (including the elevator!). Inspired by the incredible beauty of the site, this showpiece home surrounds you with beauty, comfort and conviviality. The expansive floorplan features sprawling balconies, and glass-filled front and rear elevations, all designed with a singular purpose: to maximize the spectacular waterfront setting.
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1.4 ACRE BAYFRONT ESTATE
5BR / 5.5BA / 8,383SF | $4,250,000
The best bayfront value in Sarasota for those seeking privacy, nature and enduring elegance. Extreme privacy on 1.4 acres with 150-ft. waterfront and 8,383 sq. ft. luxurious residence. Substantial upgrades in the last year include Schonbek crystal luminaires, Emser tile, two-story Euro-Wall glass, kitchen remodel, three bath remodels, LED lights throughout, custom entry gate, dual-fuel generator, new landscape/irrigation, and more. |
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NEW LISTING:
13TH FLOOR BEACHFRONT
2BR / 2BA / 1,491SF | $1,450,000
Breathtaking views and spectacular sunsets are the main attractions at this direct beachfront condominium on Longboat Key. Tucked away on lushly landscaped grounds, Islands West is perfectly located on the Gulf of Mexico, across from Shoppes of Bay Isles and only 15 minutes over the iconic Ringling bridge to downtown Sarasota lifestyle amenities. |
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| OUTSTANDING RESULTS |
In the last month, the Laughlin Tanner Group
helped these buyers fulfill their lifestyle dreams in these Sarasota luxury homes. |
 Espalanade on Palmer Ranch
$1,125,000 |
 Beaches on Longboat Key
$1,495,000 |
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| AGENT PROFILE |
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Meet Andrew Tanner, Sarasota Luxury Real Estate Advisor. With Sotheby's partners in over 80 communities in the Americas and worldwide, Andrew is your Global Portfolio Advisor. As a former international business owner, he has lived and worked in London, New York, Paris, and Milan, and has over a decade's experience in International Real Estate. |
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