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What happens next is a… coin flip.
What’s going on in the market? Think about the real estate market this way, You flip a coin into the air and if it lands on heads the market is going to drop off and prices are going to come down. Great news for buyers. If it lands on tails the market is going...
Destin Real Estate Owners – Are you ready for a staredown?
What’s the real estate market like right now? There is a classic staredown happening right now between buyers and sellers here at the beach. Who blinks first will determine where the market goes in 2023 and who the winners and losers will be. To get a better feel of...
Real Estate – Is there a Monster Under the Bed?
When you were young did you ever get scared that there was a monster under your bed? And then ask your mom to leave the light on? Just me? Anyway, this market is making me feel a lot like that and my mom isn’t around and there is no light to leave on. Questions...
Our Missing Piece
What we are watching I’ve been selling real estate here at the beach for almost 18 years. I’ve seen markets drop like a rock and shoot up like a rocket but this market – the one we are currently in – is new to me. Why? Because it’s really not doing anything…”...
Are You Ready For What’s Next?
What the heck is going on with our real estate market? This past week I had several conversations that I believe will give you insight as to what is happening here at the beach. First Insight. I walked into the restaurant that I go to for lunch and the place was...
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...
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...