MONTHLY NEWSLETTER – JULY-AUGUST, 2018 National Trend Mortgage interest rates are up again today, even though all economic indicators and reports are consistent with market expectation. Consumer spending is up. Personal income is up. Consumer confidence up. Home price index up. The fact that major stock indexes are higher and 10 year treasuries are […]
Monthly Newsletter – June, 2018
Monthly Newsletter – June, 2018 National Trend No, the party’s not over, but rates for home loans rose to the highest level since 2011. With lean supply and increasing asking prices, we expect more consumer push-back in the short-term. The definition of “market value” is becoming more volatile. Although low supply, much inventory remains unsold […]
Monthly Newsletter – March 2018
Monthly Newsletter – March 2018 National Trend Consumer confidence remains strong as we head into the spring buying season. With economic improvement comes talk of inflation and continued mortgage interest rate increases. Some concern is fueled by further federal deficit spending. Since 2010 federal spending as a percentage of GDP has soared. Local Trend […]
67 Miami Street, Miramar Beach, FL 32550
Great investment property or second home located just one block from the beach! There are two levels to this Florida cottage. Upstairs has 3BR/2BA and downstairs has 2BR/1.5BA, both with kitchen and living room spaces. There is a beautiful deck upstairs to enjoy the summer breezes and a private pool for your enjoyment. This Cottage […]
9201 Market Street 166, Miramar Beach, FL 32550
Charming New Orleans property located in Sandestin in the Village of Baytown Wharf! Enjoy the private court yard with tropical pool, fountains, outdoor fireplace, brick pavers and hot tub! The condo is three stories of casual elegance with porches and balconies and a view of Choctawhatchee Bay! The Village of Baytown Wharf is a fun […]
3574 Rosalie Drive
A truly amazing property!! Breathtaking views of the Gulf, East Pass and a coastal dune lake situated in the quaint gated community of Destin Pointe!! Owners or guests will have their pick of taking the boardwalk to the beach, relaxing poolside, playing tennis or shuffleboard, or just sitting on the porch enjoying the southern breeze […]
Monthly Newsletter, January, 2018
National Trend According to the Conference Board, “Consumer confidence retreated in December after reaching a 17-year high in November”…. “Despite the decline in confidence, consumers’ expectations remain at historically strong levels, suggesting economic growth will continue well into 2018.” Resort real estate markets live and die as a reflection of the Consumer Confidence Index. So […]
Monthly Newsletter, December 2017
National Trend According to many of the financial pundits, the passage of tax reform assures another great year in real estate. According to The Conference Board, the Consumer Confidence Index® improved in October and increased further in November. The Index now stands at 129.5 (1985=100), up from 126.2 in October. The Present Situation Index increased […]
MONTHLY NEWSLETTER NOVEMBER, 2017
MONTHLY NEWSLETTER – NOVEMBER, 2017 National Trend According to the ULI (Urban Land Institute), the immediate future of real estate promises “a relatively smooth ride”. In concert with PricewaterhouseCoopers, the ULI unveiled their “2018 Emerging Trends in Real Estate” report last month in Los Angeles. The consensus of real estate experts and analysts surveyed by […]
RE/MAX Coastal agents receive recognition
RE/MAX COASTAL AGENTS RECEIVE RECOGNITION DESTIN, Florida – 3 of the 5 top NW Florida RE/MAX agents year-to-date are with RE/MAX Coastal Properties. According to the most recent Top 50 Residential Teams in Florida List, of the 5,800 RE/MAX Florida Associates, Karen Martineau is ranked #29, Ed and Terri Smith #39, and Jane Araguel #41. […]