Author: Chris Petrie

The first week of June brought more of the same in our comparative real estate market of Cape San Blas, Indian Pass, and the CR/SR 30-A corridor, with an underwhelming number of new contracts and 4 previously executed contracts making it to the closing table.  Summaries of the 4 recorded ...

Farewell to May and welcome to June.  Coming off the holiday weekend there are still plenty of folks in town for our busy summer vacation rental season, as the beaches, boat ramps, shops, stores and restaurants are all in good company.  We saw a few more recorded sales in our ...

The summer season is officially here – schools are out in Gulf County, FL and it’s already Memorial Day weekend.  It’s a busy time on the not-so-Forgotten Coast, so I’ll get right to it.  There were 5 recorded sales on all of Cape San Blas, Indian Pass, and the CR/SR ...

The unsettled weather pattern we’ve experienced this past week at the beach seems to reflect our current market conditions as we continue to transition away from our previously familiar sellers’ market.  As soon as buying activity picks up lately, it seems to slow down again before gaining any consistent momentum.  ...

This past week provided an early preview of the summer heat and humidity which was followed by a storm front on Friday to cool things off a bit for Mother’s Day weekend.  After a hot start to the month of May, our comparative real estate market also cooled off a ...

May is here, and our comparative real estate market seems to be warming up like the weather with an encouraging amount of new activity to report from the past 7 days.  The Federal Reserve also met this past week and held rates steady for the 6th consecutive meeting.  While we ...

It looks like we got all the April showers out of the way early this month, as it was another sunny and beautiful week at the beach.  There were plenty of new listings and price reductions since our last update, but not a lot of buying activity to report from ...

We experienced much calmer and more typical April weather this past week with a steady coastal breeze and warming temps.  Not so much on the financial front as we progress through the spring season, now that the expectations for 2024 interest rate-cuts have significantly changed.  Renewed inflation fears have markets ...

The spring break season of busy vacation rentals and tourist traffic is slowing down, while our comparative real estate market is continuing to produce at a relatively steady pace as we warm up into mid-April.  We had some strong storms blow through the area mid-week producing some flooding and beach ...

April is here, and this past week has been the busiest of the season so far for spring break traffic and vacation rentals in the area.  It was also a busy week in the local real estate market, with a generous number of recorded sales and new listings, plenty of ...

We’re heading into a beautiful Easter weekend at the beach after the last full week of March.  It’s crazy how fast the first quarter of 2024 has flown by, with our comparative Cape San Blas, Indian Pass, and CR/SR 30-A real estate market adjusting to keep up.  In reviewing the ...

There was a lot happening this week with the vernal equinox marking the first official day of spring and the Federal Reserve conducting their March meeting.  The Fed kept the benchmark short-term interest rate the same for the 5th consecutive time, although there are still signals that we could see ...