Real Estate News

Sept. 25, 2017

How to Protect Your Credit From a Security Breach

home buyer with credit problems

Recently Equifax, one of our nation's three major credit reporting bureaus, announced that it had been breached. This means millions of consumer credit reports were made available to hackers, including their credit card numbers, social security numbers, birth dates, addresses, and in some cases, driver's license numbers. To ...

View More
Posted in Real Estate News
July 27, 2017

Rise and Fall of the Real Estate Blog

Real estate blogger

Emerald Coast Realty was founded in 2003 and at that time real estate websites were becoming the initial starting point for homebuyers. Before this time, buyers began with picking up a newspaper, real estate magazines or stopping by a real estate brokerage. I am sure you remember "Agent On Duty ...

View More
Posted in Real Estate News
July 21, 2017

First-Half of 2017 Pensacola Real Estate Sales in Review

We have just past the halfway point of the year, which is an excellent time to evaluate real estate sales for the first half of 2017. Comparing the first six months sales numbers of 2017 for the general Pensacola Area* of previous years of residential (homes and condos) sales shows ...

View More
Posted in Real Estate News
June 28, 2017

Home Prices Nationally Increase at a Slower Rate

Homes in Pensacola

Home price growth continues, though at a slower pace, up 5.5 percent year-over-year in April, down from a 5.6 percent gain in March, according to the latest S&P CoreLogic Case-Shiller Indices.

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index's Ten-City Composite rose 4.9 ...

View More
Posted in Real Estate News
May 29, 2017

Millennials Are Buying Homes

Homebuyers

For generations past, home ownership was a significant rite of passage that signaled stability and prosperity. Millennials are commonly portrayed as being different from previous generations, particularly when it comes to their spending.  Perhaps millennials are more like older generations than people imagine. 2015 statistics released by Harvard University's ...

View More
Posted in Real Estate News
April 27, 2017

Prices Up - Foreclosures Way Down

People buying real estate

 Mortgage Delinquencies Lowest in 10 Years

Mortgage delinquencies of 30 days or more, or in early stage delinquency, are at their lowest level in ten years, according to CoreLogic's new Loan Performance Insights Report. This is a key check on the health of the housing market and the overall ...

View More
Posted in Real Estate News
Jan. 23, 2017

2016 Pensacola Real Estate Market Review

At this time in 2016, we were forecasting a good year. As it turned out, 2016 exceeded all sales expectations and was the second best year for residential real estate sales in the history of the greater Pensacola area.

Historical chart of Pensacola real estate sales

As you can see in the above chart, real estate sales ...

View More
Posted in Real Estate News
Nov. 28, 2016

Housing Trends 2017: Millennials, Suburbs and Trump

Millennial working on real estate deal

Trends in the housing market will take a “new stage” in 2017, one on which millennials, the suburbs and Trump all play a starring role, a recently released forecast expects. The portal’s top five predictions for the upcoming year:

1. Home values will grow 3.6 percent in 2017. National ...

View More
Posted in Real Estate News
Jan. 28, 2016

The Future Looks Bright: 2015 in Review

What a year for real estate! 2015 is being touted as the best year for housing since 2005 and judging by current real estate forecasts; the market will get even brighter in 2016.

2015 home sales

In recent years many of the areas hit hardest by the housing recession began to experience big ...

View More
Posted in Real Estate News
July 26, 2015

Real Estate Sales Way Up On The Florida Gulf Coast

Pensacola residential sales 2015

The first half of 2015 has produced striking gains in real estate sales along the Florida Gulf Coast. When we look at the official residential sales MLS data provided by the Pensacola Association of Realtors, 2015 first half year-over-year sales are up by 18.6 percent. If this were not ...

View More
Posted in Real Estate News