“The highest form of wealth is the ability to wake up every morning and say, ‘I can do whatever I want today.’” Morgan Housel Let me preface this correspondence with this: I own real estate here at the beach, a few condos and a house, all as...
“Sometimes you just have to survive to fight another day” Alexandra Bracken Over the course of my 20-year career, I’ve noticed that in hard or strange times, people tend to retreat to quality. They move to what they know to be true. They look for things...
It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” Mark Twain There is so much talk about how supply and demand are the two elephants in the room when it comes to projecting real estate market trends and...
Understanding the Cost of Money and Real Estate Trends on Florida’s Emerald Coast When evaluating the real estate market on Florida’s Emerald Coast, it’s crucial to consider the cost of money, influenced by mortgage rates and Treasury Bills...
We are living in peculiar times. With the ongoing war in Ukraine, the turmoil in the Middle East, and the potential developments in Taiwan with China, there is a lot happening on the global stage. Geopolitics, oil, and political instability all appear to be working...
Scarcity and Urgency are the secret sauce to our real estate market. Remember when buyers would jump on a property as soon as it came on the market? They would even get in line to outbid other buyers for it, getting angry or sad or elated based on the outcome of their...
It’s All About Supply and Demand The story of our real estate market always is about supply and demand. For real estate prices to drop, supply needs to go noticeably increase, and/or demand needs noticeably decrease. Does this make sense? On the other hand, for...
Let’s not overthink the current real estate market here at the beach. The fact that prices haven’t dropped more and dropped further than they have so far is an absolute magic trick. Why do I say that? Because almost every metric that matters is screaming for a price...
Is timing more important than location when it comes to real estate investing and making money? Everyone talks about location… location… location… when it comes to real estate, and that is true. But I would argue that what is even more important, or...
If you’ve owned a place at the beach for any number of years, you’re well aware that storms blow in and wreak all kinds of havoc. The good news is that there are many warning signs that give you ample time to prepare, make plans, or perhaps to make...