Destin Months Inventory Continues to Decline

The trend continues, months of inventory for March 2013 is 7.23 months. As you can see, inventory has been downward trending since 2009 and the Destin area real estate market months inventory is now back to 2005 levels.

Foreclosures and short sales are also a very low levels as ...

Perdido Key Condo Sales and Available Inventory

If you have been actively watching the Perdido Key condominium sales over the past few years you have probably noticed the real estate market here has substantially changed. How has the condo market changed? To begin with, the available inventory, the number of condos for sale in any given month ...

City of Gulf Breeze, No Foreclosures or Short Sales Available

Today I was looking at the available residential listings for sale in Gulf Breeze Proper, the city of Gulf Breeze FL 32561. Residential listings include condos, town houses and single family homes listed for sale in the MLS database.

 

I was impressed to see that there were only 48 properties ...

Pensacola Beach Condo Market, Prices on the Rise

People that have bought or sold real estate or considered buying or selling real estate on Pensacola Beach over the past ten years understand how the market has changed.

The condo market in particular has changed markedly.  Factors in this include the building boom in the early and mid 2000 ...

Pensacola Beach slightly inconvenienced by Hurricane Isaac

Hurricane Isaac was at worst a slight inconvenience in our area but other Gulf Coast States were not a lucky; Louisiana being most notable.

Here on Pensacola Beach the road to Fort Pickens is temporarily closed for sand cleanup. During the storm sand and water covered the road leaving the ...

The number of Pensacola home for sale continues to shrink

The inventory of unsold Pensacola homes is continuing to shrink as seen in the months of inventory chart below:

 

The number of months inventory is at 11.68 months, this is the lowest September months of inventory of homes since September 2005. This further illustrates the improving real estate market ...

Okaloosa Island Beach Photo

A nice morning at the beach on Okaloosa Island, near Destin Florida. Looking over a sand dune toward the Gulf.

Cheaper to buy than rent in 80 percent of major cities

 Today Q2 2011 Rent vs. Buy Index was released, which compares the cost of buying and renting a two-bedroom apartment, condominium or townhouse in the 50 largest U.S. cities.

Since last quarter, buying a home has become more affordable than renting in nearly four out of five (80 percent ...

Destin residential inventory in March decreased by 50 percent

In three years the Destin months of inventory has dramatically dropped by 50 percent to 13.2 months. This is back to 1999/2000 levels which we consider to be a normal market.

This is further evidence that the Destin real estate market has substantially improved and is very near ...

Important mistakes to avoid when buying foreclosures

Foreclosures continue to flood real estate markets across the country, and buyers are looking to cash in on what they view as some of the best real estate deals. But experts say that while some foreclosures are a great purchase, buyers need to be cautious before jumping in. They must ...