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Category: Port St. Joe

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 ...

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 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 ...

March 22, 2024

Cape San Blas Real Estate Week in Review, March 16 – March 22, 2024
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 ...

March 15, 2024

Cape San Blas Real Estate Week in Review, March 9 – March 15, 2024
A couple of weeks ago when the calendar turned from February to March we saw a sizeable jump in executed contracts.  Last week was underwhelming with very little new activity, and this week we have seen a few more new contracts agreed upon between buyers and sellers, as the ebb ...

March 8, 2024

Cape San Blas Real Estate Week in Review, March 2 – March 8, 2024
It’s the first week of the early Spring Break season, and there has been a noticeable increase in traffic and visitors on the beaches.  There were not as many new contracts to report this week compared to our last update, but we’re catching up on recorded sales from Cape San ...

December 15, 2023

Cape San Blas Real Estate Week in Review, December 9 – December 15, 2023
We’re already halfway through December, and it’s been another moderately slow week with not a lot of new real estate activity to report in our comparative market of Cape San Blas, Indian Pass, and the CR/SR 30-A corridor.  Meanwhile the Federal Reserve met for the final time in 2023 and ...

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