July 2021

  We had a fair amount of activity this week but we’re seeing indications rising prices are starting to meet with a bit of resistance. I’ve heard of several contracts recently where the appraisals came in below contract price, the sellers dug in on their prices and buyers walked away. ...

  The National Association of Realtors (NAR) reported on Thursday that sales of existing homes nationally rose 1.4% in June year over year. In our Cape market, eleven homes sold in June 2020 and this June we more than doubled that with twenty-three sales.  We continued to race along at ...

   The entire local real estate industry food chain breathed a sigh of relief this week as for the first time in well over a year the market took a bit of a breather.  We closed thirteen sales but only wrote up four new contracts, oddly enough all lots for $75,000 ...

   Our smoking hot real estate frenzy keeps sizzling along. In another banner week, we closed eleven sales and eleven properties went under contract. Sellers added ten sorely needed new listings to the mix, but only made one price change.  Even with all those new listings, our inventory is still ...

    Ever since Michael plowed through our area in 2018 we have experienced an incredible construction frenzy as homes have been repaired or replaced with new homes.  The influx of people pouring into the Forgotten Coast fleeing the pandemic has created a demand for a lot of new housing ...