Tag: Cape San Blas real estate

April showers bring May flowers and this week it brought the most buyers and sales activity we’ve seen since I started this blog back in September. Lots to cover (about time!) so let’s just jump right in. Inventory is holding steady for the third week in a row, completely unchanged ...

It all depends which side of the fence you’re sitting on whether the Cape San Blas real estate market is improving or not. Sellers would say “no”, but buyers are starting to say “yes”. One encouraging sign in this market correction is that our overall inventory continues to go down, ...

It’s like a Christmas gift in this morning’s Hot Sheet: a 75′ gulf front lot on Indian Pass slashed from $450K to $330K , or only $4,400 per waterfront foot. Unbelievable. Here’s the MLS description: 1+/- ACRE GULF FRONT PROPERTY. 75 FEET OF WATER FRONTAGE. Beautiful property with great wide ...

The one question I hear more than any other is “has the market reached bottom yet?”. I believe that the past is the best predictor for the future and therein may lie our answer. Looking back we can clearly see that the local market peaked in late 2004, but robust ...

Beach restoration is well underway, beginning near Eagle Harbor in the park and working its way steadily southward, already nearing Secluded Dunes. With as long as this project has been in planning you would think the county would have already notified beachfront owners of what they needed to do with ...

Sorry for the delay in getting this week’s market wrap up done but the weather was just so fine this weekend that I took two vacation days and spent the entire time outside in the fresh air and sunshine loving being on the Cape. So now it’s Monday and back ...

We finally have a healthy 5% drop in our inventory size this week after several weeks with little or no change. We end the week with a total of 457 lots and homes listed for sale in the MLS for the Cape, Indian Pass and C-30 corridor market, down from ...

As veteran slugger and baseball philosopher Yogi Berra once said, this week it’s “deja vu all over again”. For the thrid week in a row our inventory remains steady at 480, with a few more homes (181 vs. 178) and a few fewer lots (299 vs. 302). Just like last ...

Spring arrived right on schedule this week with warm, breezy days and clear blue skies. The azaleas and wisteria are in full blloom, and even the crepe myrtle are starting to show signs of color. Let’s take a look to see if there were any signs of new life in ...

Beware the Ides of March. This week’s market meltdown on Wall Street, especially Friday’s free fall of Bear Sterns, has been a sobering experience and will, I fear, not bode well for our local struggling real estate market as investors and families alike are likely to turn to cash positions ...

March has certainly come in like a lion this week, with over three inches of rain and strong winds, gusting to 35 mph as I write. Let’s see if there’s any chance our real estate market is showing any sign of possibly roaring back into action. Still no significant change ...

I’ve heard a few things this week from friends and colleagues that caught my attention and have me wondering if they might be the early glimmering of daylight at the end of the tunnel for our real estate market here on the Cape. Two bankers told me that the lower ...