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Category: Cape San Blas

June 21, 2024

Cape San Blas Real Estate Week in Review, June 15 – June 21, 2024
The summer solstice arrived this third week of June, marking the official start of summer although the vacationers, temperature, and sunshine have been representing since Memorial Day weekend.  After an encouraging previous update with 7 new contracts, our comparative market returned to the slower pace of only a couple new ...

June 14, 2024

Cape San Blas Real Estate Week in Review, June 8 – June 14, 2024
The Federal Reserve met this week and decided to stand firm on interest rates, but noted “modest further progress” in bringing down inflation to the 2% target, which is an improvement from previous meetings describing a “lack of further progress”.  The forecast still includes the possibility of a rate cut ...

June 7, 2024

Cape San Blas Real Estate Week in Review, June 1 – June 7, 2024
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 ...

May 31, 2024

Cape San Blas Real Estate Week in Review, May 25 – May 31, 2024
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 ...

May 24, 2024

Cape San Blas Real Estate Week in Review, May 18 – May 24, 2024
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 ...

May 17, 2024

Cape San Blas Real Estate Week in Review, May 11 – May 17, 2024
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.  ...

May 10, 2024

Cape San Blas Real Estate Week in Review, May 4 – May 10, 2024
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 3, 2024

Cape San Blas Real Estate Week in Review, April 27 – May 3, 2024
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 ...

April 26, 2024

Cape San Blas Real Estate Week in Review, April 20 – April 26, 2024
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 ...

April 19, 2024

Cape San Blas Real Estate Week in Review, April 13 – April 19, 2024
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 ...

April 13, 2024

Cape San Blas Real Estate Week in Review, April 6 – April 12, 2024
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 5, 2024

Cape San Blas Real Estate Week in Review, March 30 – April 5, 2024
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 ...

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