Ch-Ch-ch- Changes, turn and face the strange
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...
What if we are headed toward recession?
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 to compare what's...
Are Buyers Running Out of Money?
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 markets...
Big Question Marks for Real Estate At The Beach
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...
Buckle Up for a Wild Ride
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...
Use Criteria To Make Real Estate Investing Easy
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...
Walking the Investment Real Estate Tightrope
“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 TwainThis 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...
Is Zillow the Real Estate Gods Telling Us To Slow Down?
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...
Did Buyers Hit The Pause Button On Real Estate?
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...
Market Update: The Melting Ice Cube Theory?
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 With regard to owning...