Category: Cape San Blas

I hope everyone had an enjoyable Independence Day with friends and family.  It was definitely one of the busiest tourism weeks I’ve seen in the past 25+ years at the beach over here on the not-so-Forgotten Coast.  Now that we’ve turned the corner on 2024 with the first half in ...

It’s unreal how quickly this year is moving – here we are in the last full week of June, and 2024 will be half-way home after the weekend.  Our next weekly update will include some 6 month statistics for this morphing market which should add some perspective to what we ...

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 ...

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 ...

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 ...