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A Question of Supply and Demand
It’s All About Supply and Demand The story of our real estate market always is about supply and demand. For real estate prices to drop, supply needs to go noticeably increase, and/or demand needs noticeably decrease. Does this make sense? On the other hand, for...
The real estate market is performing a magic trick.
Let’s not overthink the current real estate market here at the beach. The fact that prices haven’t dropped more and dropped further than they have so far is an absolute magic trick. Why do I say that? Because almost every metric that matters is screaming for a price...
Timing… It’s a Thing!
Is timing more important than location when it comes to real estate investing and making money? Everyone talks about location… location… location… when it comes to real estate, and that is true. But I would argue that what is even more important, or...
There’s a storm coming to the real estate market.
If you’ve owned a place at the beach for any number of years, you’re well aware that storms blow in and wreak all kinds of havoc. The good news is that there are many warning signs that give you ample time to prepare, make plans, or perhaps to make...
Is Our Real Estate Market An Old or Young Woman?
Do you see an old woman or a young woman in the picture? What you see first is probably where you see yourself. According to a study, young people tend to see the young woman first, while older people tend to see the older woman. This analogy applies to our current...
Looking at the future
Wouldn’t it be nice if you had special glasses that allowed you to see the future? It sure would make investing in real estate easier. Unless you know something I don’t, predicting the future comes down to three things: knowing past trends, matching them up with...
Ride The Wave
What’s going on in the market? I’m looking at the data and mixing it with our 20 years of experience of selling real estate here at the beach to see if we can give you an educated guess as to where the real estate market is headed here in 2023. And then to 2024...
Beware, treacherous conditions ahead!
What’s going on in the market? My wife and I drove from Destin to Oxford MS last week to check on properties we own and manage there. We ended up leaving in the late afternoon so by the time we hit Mississippi it was dark, cold, and raining. All the weather...