Category: Port St. Joe

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...