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community | 18 Posts
community-news | 2 Posts
news | 24 Posts
Uncategorized | 201 Posts
Destin Real Estate New Developments Kelly Plantation Luxury Real Estate Northwest Florida Real Estate Provident Title Nathan Cordle Club 25 Top Performing Agents 2019 Bluewater Bay Destiny Emerald Bay Panama City Beach East Panama City Beach West Rocky Bayou Seascape Alys Beach Crystal Beach Grayton Beach Indian Bayou Miramar Beach, FL Santa Rosa Beach, FL WaterColor Blue Mountain Beach Cypress Dunes Dune Allen Gulf Place Inlet Beach Niceville, FL Point Washington, FL Rosemary Beach, FL Seacrest, FL Watersound, FL WaterSound West Beach Destin, FL Holiday Isle Regatta Bay Sandestin, FL Seagrove Beach Valparaiso, FL WaterSound Origins
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July
24

July 24th, 2024 by

As we saw in June, July continued the trend of lower year over year volume in the market (Destin to 30A) but with increasing sales prices.  Total sales volume for June 2024 was 25% lower than June 2023. Total sales volume YTD24 is 8% lower than YTD23.  While volume is down, average sales prices increased by 1.3% when comparing June 2024 to June 2023 and increased by approximately 6% from YTD23 to YTD24.  

Normally, those two statistics do not go together (lower sales volume and higher sales prices.)  Last month, we discussed some of the reasons that explain why this is occurring: higher mortgage rates, Presidential election year pauses, and over-priced inventory in the market.  Mortgage rates have not significantly reduced and the Presidential election isn't until November.  If anything, the recent Presidential debate increased the amount of uncertainty.  However, inventory pricing is showing...

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Categories: community
October
4

October 4th, 2021 by

To describe the real estate market on the Emerald Coast in the last 18 months as brisk would be an understatement.  It has been red hot.  Since the lifting of the short-term rental ban in May 2020, the market has seen a rapid growth in the number of transactions.  This growth subsequently reduced the amount of available inventory.  The graph below (Chart #1) shows the number of properties listed for sale (orange line) and the number of pended transactions (turquoise line) for each month during the last three years through 9/30/21.

As the chart indicates, the number of pended transactions jumped in June 2020. Most of this increase was from pent up demand from buyers that could not view homes during the COVID shutdown in March and April.  This demand outpaced the number of new listings in the market causing a steep decline in inventory tha...

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Categories: news
August
12

August 12th, 2021 by
Seascape Resorts, Inc., the developer of Seascape Golf, Beach & Tennis Resort and the Premier Property Group, project listing broker, jointly announce an exciting new residential development, The Grove at Seascape Resort.

Phase One of The Grove at Seascape Resort will feature the "Holly" and "Juniper", the first two buildings of this new multi-phase luxury condominium development located in the heart of Seascape Golf, Beach & Tennis Resort in Miramar Beach, Florida. These 4-story Mediterranean style condominiums are within walking distance of Seascape's 2,000 feet of deeded beachfront property, as well as numerous on-property restaurants, including the iconic Whale's Tail beachfront restaurant, entertainment venues, shopping and of course, golf and tennis, all within...

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Categories: Uncategorized
July
7

July 7th, 2021 by

SANTA ROSA BEACH — On Saturdays in July, Distillery 98 will host a Summer Concert Series presented by Step One Automotive Group featuring an array of local and national bands, including Daniel Pratt, Dion Jones and The Neon Tears, and the Raelyn Nelson Band, with proceeds benefiting The Ohana Institute.

The series will kick off on Saturday, July 10, with Daniel Pratt and Logan Pilcher from Atlanta taking the main stage at 6 p.m. The community is invited to the local distillery, 835 Serenoa Road, for live music, cocktails, beer, wine, and local bites from the My Ohana food truck. Pratt's style of music features catchy melodies and haunting lyrics while his songwriting showcases a strong focus...

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Categories: Uncategorized
July
7

July 7th, 2021 by

Sit back and enjoy Baytowne Wharf's FREE Wednesday Night Concert Series every Wednesday this spring and summer!

The concert series features both local and regional talent from a variety of genres. Concert begins at 7pm on the Events Plaza Stage.

Live Music Schedule:

July 7: Boukou Groove
July 14: Forrest Williams Band
July 21: Six Piece Suits
July 28: Rust & Gold

More Info

Categories: news
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