Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point.

The graph below helps tell the story of just how different things are today.

This year, buyer demand has eased as higher mortgage rates and mounting economic uncertainty moderated the market. This slowdown in demand is clear when you look at the red bar on the graph. It uses the latest data from ShowingTime to illustrate how showings (an indicator of buyer demand) have softened by just over 12% compared to the same time last year.

Now for a look at how housing supply has changed, turn to the green bar. It…

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Okaloosa Island to Host First Ever Boardwalk Country Music Beach Festival 

https://weartv.com/news/local/okaloosa-island-to-host-first-ever-boardwalk-country-music-beach-festival


252 Pound Swordfish Joins Destin Fishing Rodeo Leaderboard

 

https://www.wkrg.com/northwest-florida/okaloosa-county/252-pound-swordfish-joins-destin-fishing-rodeo-leaderboard/


Grand Boulevard's Christmas Holiday Lights Kick Off Nov. 18 


https://www.destinchamber.com/events/details/grand-boulevard-s-christmas-holiday-lights-kick-off-49931


Great Gulfcoast Arts Festival Celebrates its 50th Year - Nov, 4-6

 

https://www.ggaf.org


Business Man Pledges $1M to Destin High School Athletics Program 

 

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The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall.

To help you make a confident decision, lean on the professionals for insights. Here are a few things experts are saying about the fall housing market.

Expert Quotes for Fall Homebuyers

A recent article from realtor.com:

“This fall, a more moderate pace of home selling, more listings to choose from, and softening price growth will provide some breathing room for buyers searching for a home during what is typically the best time to buy a home.”

Michael Lane, VP and General Manager, ShowingTime:

“Buyers will continue to see less…

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While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession.

You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb. The pinch it’s creating on your wallet and the looming economic uncertainty may leave you wondering: “should I still buy a home right now?” If that question is top of mind for you, here’s what you need to know.

Homeownership Is Historically a Great Hedge Against Inflation

In an inflationary economy, prices rise across the board. Historically, homeownership is a great hedge against those rising…

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The 22nd Annual Mountainfilm on Tour Returns to the WaterColor® Marina Park Ampitheater!

 

https://www.watercolorresort.com/mountainfilm-on-tour


Grace Pizza and Shakes Announces Grand Opening for Second Location on 30A 

 

https://30a.com/grace-pizza-second-location-on-30a/


New Scenic Gulf Drive Regional Beach Access Opens 

 

https://sowal.com/story/new-scenic-gulf-drive-regional-beach-access-opens


Seeing Red Wine Festival® Celebrates 30 Years - Nov. 10-13

 

https://seasideseeingred.com


30A Thanksgiving Day 10K, 5K and 1 Mile Fun Run in Rosemary Beach

 

https://www.visitsouthwalton.com/events/30a-10k-thanksgiving-day-races/


Deer Lake State Park Reopens with Improvements

 

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