After the last five years of buyers who believed, "I'll go back in six months and it will still be on the market and at a lower price"; this year’s activity indicates a much different and improved picture for the local area. We don’t have a crystal ball to predict the market, but we do believe, based on consistent trends we’re seeing, that 2012 may be the turning point for a healthier 30A Real Estate Market. Following are some numbers we track that are of definite interest.
Home Sales year YTD UP 20%*
over 2011
Home Sites Sales YTDS UP 85%*
over 2011
Sales prices price* UP every
quarter for previous 3 quarters.
Foreclosures DOWN 28%*
Interest Rates DOWN at
historic lows.
All
market indicators seemed to be headed in a consistent, positive direction and
this fall we expect no significant change in those trends. Whether you
are considering purchasing or selling property, take advantage of ideal market
conditions at the beach.
*Data sources: Emerald Coast Assoc of Realtors MLS &
Metro Market Trend
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