Changes are coming to our real estate market and what they mean to you is simple. But before we look at what to expect let’s first talk about some basics of investing and real estate. 1. You should never buy or sell based on the economic conditions but rather based...
Just cause I’m paranoid doesn’t mean I’m wrong. This pretty much describes our real estate market right now. If you just look at sales prices, everything looks great – even better than great. I pulled the Median Sales Prices of area homes and condos...
Are Buyer’s Running Out of Money? Is a market correction coming to the beach? Our real estate market has only seen growth since 2009 and that means many of the current group of owners, investors and Realtors have never experienced in a declining market. But...
The market is a question mark As we roll into March and the Spring Break Season there seems to be a monster question mark on what’s going to happen with our real estate market here at the beach. There are a few huge factors battling for supremacy right now and how...
And just like that January is in the books! Amazing how fast time flys. Anyway, let’s take a look ahead to what you can expect from the rest of 2022 as it relates to the real estate market here at the beach. From what I hear, see, and feel it seems like we are about...
The late great Kenny Rogers had it figured out as he sang about the advice an old gambler once gave a down-and-outer on a train bound for nowhere. You probably remember Kenny singing, “You got to know when to hold em, know when to fold em, know when to walk away, and...
“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 This quote has been bouncing around my brain for a few months now as I try to get handle on what owners, buyers, and sellers of real estate here at...
Speed and Gods The other day I was driving on highway 10 between Destin and Tallahassee. The posted speed limit is 70 and I was cruising along at 80 but well within the flow of traffic when this big dark Escalade with heavily tinted windows comes flying up from...
Market Update When my kids were younger, my daughter and her brother would play one-on-one basketball in our driveway. They were both very competitive and I remember one time the game got so intense with him pushing her and her pushing back that out of nowhere my...
I believe the short-term real estate market – both sales and rentals – in it’s current state is unsustainable. I would compare it to… melting ice cubes. They are there… but… if you are going to sell – don’t wait too long. Long Term Outlook...