Blog

Our real estate market is definitely slowing down a bit but based on what I’m reading in news from the National Association and Florida Association of Realtors this seems to be more reflective of the continuing dearth of inventory not just here but nationwide. Buyers also seem to be starting ...

Our real estate market is definitely slowing down a bit but based on what I’m reading in news from the National Association and Florida Association of Realtors this seems to be more reflective of the continuing dearth of inventory not just here but nationwide. Buyers also seem to be starting ...

  It was crazy hot along the coast this week and I’m not just talking about the weather. Real estate is still sizzling with no let up in sight as we closed seven sales and wrote up eight new contracts. Sellers added four new listings and made seven price changes. Our inventory shed two, ...

    The real estate question I’m hearing more than any other is, “Are prices rising?” and the answer is a resounding “Yes”. That’s true not just locally but statewide as well. The Florida Association of Realtors recently released sales figures for Q2 2021 which found that statewide the median ...

   So far Georgia heading back to school has not had much of an impact on our market as we turned in a respectable week, closing six sales and putting seven properties under contract.  Owners added seven new listings and made seven price changes. Our inventory grew by four, closing the week at ...

  As with nearly every aspect of our current economy, from building supplies to fuel to computer chips, local real estate demand continues to far outpace supply. Our inventory stands at 119, up 3 from last week, with 35 houses and 84 lots listed for sale in the Cape San Blas, Indian Pass and ...

  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 ...

    The Florida Association of Realtors (FAR) released a report this weekshowing that May sales of single family homes were up 57.9% over May of last year with the median price soaring 27.7% to $344,900, while the overall inventory of actively listed houses dropped 58.2%.  In Gulf County our May home ...