Posts made by author 'Allea Sipper'

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What You Can Do When Mortgage Rates Are a Moving Target

May 2nd, 2025 by Allea Sipper

Have you seen where mortgage rates have been lately? One day they go down a little. The next day, they go back up again. It can feel confusing and even frustrating if you're trying to decide whether now's a good time to buy a home.

Take a look at the graph below. It uses data from Mortgage News Daily to show that after a relatively stable month of March, mortgage rates have been on a bit of a roller coaster ride in April:

This kind of up-and-down volatility is e...

Click Here to Read More...

Categories: community

July
24

Jason White's May 2024 Real Estate Market Analysis

July 24th, 2024 by Allea Sipper

The real estate market along the Emerald Coast is showing signs of resilience. Throughout the Destin and 30A submarkets, prices are flat to increasing despite lower to flat sales volume (the large increase in sales volume in 30A East is due to the closings in a completed Alys Beach condominium building.) The combination of stable to growing sales price and lower sales volume is unusual and points to two external forces and one internal force (that is starting to self correct.)

The two external forces are the return of mortgage rates to normal levels after an extended period of historically low rates and the normal behavior of buyers during presidential election years. Both of these factors have buyers sitting on the sidelines, one waiting for rates to come down and one waiting for the outc...

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Categories: community

February
1

January 2024 Market Report

February 1st, 2024 by Allea Sipper

Categories: community

February
1

February 2024 News Stories

February 1st, 2024 by Allea Sipper

February may bring a slower pace to the Emerald Coast, but that doesn't mean there's any shortage of things to see and do. Check out some of the top local news stories and see what's happening as we head into February.

Sandestin Gumbo Festival Feb 23-24

https://sowal.com/story/sandestin-gumbo-festival-feb-23-24

New year, new banners go up on Main Street

https://www.thedestinlog.com/story/entertainment/arts/2024/01/23/new-artwork-goes-up-as-part-of-destin-banner-art-project/7228823...

Click Here to Read More...

Categories: community

February
1