Tag Archives: waterfront

Interesting Turn In Real Estate Market Place

Fannie Mae’s report the , “Weekly Note” which was released this past Friday (11/18/16) shows an interesting, if not fickle housing market in the single family home sector. According to Fannie Mae, “Through the first ten months of the year, single-family starts are 10.0 percent higher than the same period a year ago”. “Single family starts” are new construction of single family dwellings and does not include existing properties. Fannie Mae is a government sponsored...
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Home Prices Will Continue To Rise Through 2017

CoreLogic, which describes itself as, “the leading global property information, analytics and data-enabled solutions provider”, has released its most recent report on pricing and the housing market. Titled the, “U.S. Home Price Insights Report” this report gives accurate historical information mixed with data based forecasting to show where home prices have been and points toward where prices are headed to. In the over-all scheme of things, CoreLogic’s finding show that the US has seen 51 consecutive months of year over year increases in home prices. The...
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Crystal Coast Real Estate Market Report May, 2016

Generally speaking, anyone in business or in sales is looking for bigger numbers. But sometimes big numbers can register a “false positive”. Sometimes what you are looking for are smaller numbers. It is in these areas we will look at and see why sometimes less is much, much better when dealing in real estate. But first, let’s take a year over year comparison of the month of May along the Crystal Coast. It proved to be a very...
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Are Mortgage Rates At Lowest Level Ever?

Money.CNN is reporting on some very big mortgage rate news. In a video report titled, “Will You Ever See Mortgage Rates This Low Again” the host in this brief news segment talks about 3.59 percent rates for a 30 year mortgage and 2.88 percent for 15 year loans. The subtitle beneath the video reports says, “If you're looking to buy a home this spring, you're [sic] timing couldn't be better. Mortgage rates are hitting their lowest levels in years.” The news reports ends with this important thought....
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2015 Crystal Coast Real Estate Market In Review

No question about it, 2015 was a very good year for real estate sales along the Crystal Coast. This past year is yet another example of the ongoing trend of improving sales and inventory.

Crystal Coast

Sold crystal coast The chart above graph’s a 5 year trend of improving residential property sales. Sales have increased by 32 percent during that time period. What isn’t shown is the supply of inventory over that...
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August Real Estate Report

The August numbers are in. In all the key factors of the housing market are showing signs of continued improvement along the Crystal Coast.

153 homes sold in August out of a total of 1,726 listings. That gave sellers an 11 percent chance of selling their home. This is good. One reason why the list to sales ratio is so good is because inventory is finally coming down. Inventory is down 12 percent compared to the same...

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July Crystal Coast Real Estate Market Report

The Crystal Coast housing market which for years had been crippled and stymied by a glutted housing market is now on the brink of solid stability. July’s market report shows a constant and consistent improvement in the rate of sales compared to the rate of new listings coming on market. Hold on to your hats, the area is getting primed to explode again!

Housing Inventory

The housing inventory is determined by what is known as the absorption rate. As the name implies, it is a measuring of...

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Saltwater Fishing Report

Thanks to some fantastic weather, this year’s fall fishing has been some of the best ever. But even has temperatures start to drop, don’t expect the fishing to slow down. This is a great Crystal Coast saltwater fishing report. Captain Joe Shute reports, “The king mackerel are still picking up around the near shore live bottoms and wrecks. Northwest Places and the Big Ten area as well as the triple nickle area are pretty good for kings on the Westside. The 30 Minute Rock and the...
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