Category: Cape San Blas

    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 ...

     Vacation rentals at the Cape are in full summer swing and and vacationers are everywhere. When beach time is over for the day, many are heading out to look at real estate and Realtors continue working non-stop to meet the demand.  As a result, this week we’ve had ...

     I read an interesting article this week citing the Florida Panhandle’s Sizzling Real Estate Market that detailed sales data for five Panhandle counties: Bay, Calhoun, Holmes, Jackson and Washington. I compared those figures to our Cape San Blas area market and our numbers are absolutely staggering.  Year to Date total ...

     Memorial Day Weekend delivered Summer right on time and this week both our weather and our market climbed to even greater heights.  Our closed sales soared to twenty-five (vs. eighteen last week) while agents wrote up seventeen new contracts(up five from last week). Once again Sellers added another fourteen new ...