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Category: Port St. Joe
October 19, 2007
Timely Tip From The Donald
Most people are crying when they ought to be buying, and buying when they out to be crying. Donald Trump was on MSNBC this week in a show called The Billionaire Inside You. He talked about the real estate market as a great investment and how in the ’80s it ...
October 18, 2007
Top 10 Reasons It’s A Great Time To Buy
Selection. There are over 3,300 properties listed for sale in the MLS in Franklin and Gulf Counties. Regardless of the price range you’re looking for, there are plenty of properties from which to choose. The inventory of homes was at its lowest in May 2004 when there were only 312 ...
October 6, 2007
Week in Review – Sept. 30 – Oct. 5, 2007
I can’t believe it’s Saturday again already – this week flew by – but it is, and each Saturday I take a look at what went on in the Cape San Blas real estate market. We’re seeing yet another slight reduction in inventory this week, coming in at 539, five ...
October 2, 2007
Cape San Blas September 2007 Market Wrap Up
There were 3 sales in the Cape San Blas market during September: 2 homes, including a townhouse at Sea Cliffs and a townhome at Barrier Dunes, and 1 lot located at the other end of the Cape in Boardwalk. An encouraging sign is that contracts are being written, as at ...
October 1, 2007
Volunteer Firefighters Save the Day . . . and A Lot of Homes
I can’t say enough good things about our volunteer firefighters. They are just incredible. On Sunday they came to the rescue once again when high winds whipped a fierce fire down the beach from the Dunes Club west all the way to Jubilation, scorching about 12 acres of land in ...
September 27, 2007
Can LLC’s Do 1031 Exchanges?
That was the question put to me this week, so I put the question to my “go to gurus” on such matters, The 1031 Exchange Experts, and this is what I found out. If you are a “taxpayer,” you are eligible for a 1031 exchange. This includes individuals, LLCs, partnerships, ...
September 18, 2007
Fed Drops Rate to 4.75%
The big news today, of course, is the Fed deciding to cut both the fed funds rate and discount rate by 50 basis points to 4.75% and 5.25%, respectively. By mid-afternoon the stock market is soaring, and it will be interesting to watch what impact this may have on our ...
September 12, 2007
Building Boom or Bust?
As I was driving to an appointment on the Cape this afternoon, I was struck by the number of houses under construction along the way, and began to wonder if perhaps this is a sign that things might be picking up a bit. I really hope it was because we ...
September 11, 2007
Weichert Selling Cape and Apalach Offices
Olivier Monod, broker-owner of Weichert Realty Anchor, today listed his offices located on Cape San Blas and Apalachicola for sale. This move follows the closings earlier this summer of his Mexico Beach and Hwy. 98 offices in Apalach near the IGA. The Cape San Blas office opened in 1995 in ...
September 8, 2007
Week In Review – Sept. 1 – 7, 2007
Each Saturday morning I take a look at the past week’s local real estate activity from Cape San Blas, the C-30 corridor, and Indian Pass. The inventory remains large with a total of 555 active listings, 200 residential units (36%) and 355 lots (64%). One sign I like is that ...
September 7, 2007
Scallop Season’s Last Hurrah
If you’re planning on stocking your freezer with scallops this season you’d better hurry up and get your snorkeling gear in action because this is the final weekend as Monday, September 10, it all comes to an end for 2007. The weather should be good with the forecast calling for ...
September 5, 2007
Our Main Drag Renamed?
Looks as if someone on the Ovation team may have used their spell check when they typed up the order for street signs instead of proofreading it themself. Spell check will get you every time, folks! Ashwood Development is doing a great job with this project – believe me, I ...