We mail out a newsletter approximately every 3 months, updating our customers and friends with what’s happening on Scenic 30A. We want to include you in our mailing, so feel free to send us your E-mail address. Please feel free to E-mail or call us anytime with any questions or thoughts. Beware though: our enthusiasm for the area is contagious and you just may end up at the beach.

The 30A Real Estate Market – Chugging along with the Clouds Clearing

By Jon Miller / December 12, 2010

Happy holidays to all!

This has been a busy year for us and for many other agents on 30-A. We are continuing to see our market pick up momentum and are slowly clearing ourselves of distressed sales. Here’s a quick summary of where we stand.

We currently have 685 Single Family properties for sale; this includes all price ranges along 18 miles of beach. Now, that sounds like a lot of inventory, but do the math: that’s 38 single family homes for sale for every mile of beach distance covered, and this stretches back as far as Highway 98.

96 Single Family properties have closed in the last 90 days at an average price of $572,000. We have another 20 pending sales and 76 contingent sales which will double this sold volume as they close.

We do still have 124 bank-owned, short sale and other distressed properties which account for part of the 685 total properties for sale mentioned before (I would only consider showing you about 90 of these properties, the rest are too marginal).

To summarize, we have an active market and the market is getting healthier every day!

I usually mention in my newsletter why I love the area or why someone else has chosen to live here. I’ll start with a quote, “Living here is a dream.” Who said this? One of our newest residents from Arkansas, Mike Huckabee, said this during a recent interview with the Walton Sun. Yes, people from all walks of life are discovering our special “piece of heaven” (my quote) on a daily basis. The word is getting out about the joys of living here; maybe you should try it, too. 

Now, to a more serious note… Finding properties that hold value, and breaking into the market at the right time. I try not to climb out on a limb too often with my comments because someone could always be standing behind me with a saw, but… I feel this is an excellent time to look at this market, and if it fits into to your life, I feel strongly it’s a great time to buy. By the way, did I say, “I FEEL STRONGLY IT’S A GREAT TIME TO BUY.” I hope so, because I do feel this way.

I was listening to CNN the other day interviewing Donald Trump. Those same words came out of his mouth, only on a personal level. “I think it is a great time to buy and I’m doing a lot of it.” Everything runs in cycles and we have been in this down cycle at the beach for 6 years. I see the cycle switching directions and the momentum changing.

Having said this, I want to include links to some of my “Best Buys” along 30-A. I will divide the Single Family homes up into two price categories and the Condo’s into one price category. Please feel free to e-mail or call me for the full MLS reports and to hear why each of these properties holds value.

Click the three links below to view properties:

Best Buy Single Family Homes $250,000 – $600,000

Best Buy Single Family Homes $600,000 – $1,200,000

Best Buy Condos

I also want to mention a special financing situation on one of our listings; you will find this property in the Single Family under $600,000 category above. It is 44 Walton Gulfview. The property is the third property back from the beach with great gulf views from the front and the rear of the house. It is priced at $579,000 and can be purchased with 20 to 25% down and no bank financing. The owner will carry the mortgage at a 3% interest rate amortized over a 25 year period with a 5 year balloon payment. From time to time, special financing opportunities do arise and I wanted to mention this one to you. Again, feel free to give me a call with questions.

Also, in the next 60 days GoToTheBeach.net will be making a minor name change. We will be changing our name to Go To The Beach dropping the .net. We recently purchased the web address GoToTheBeach.com so you will be able to find us at GoToTheBeach.net or .com.

We are also excited to share—we are in the middle of completing a major web design change. I think you will like the look and functionality of the new site. It will include an expanded home search and other helpful and fun features. Also, the site will unveil our new logo design! We hope to have this completed sometime in January or February. Until then, you can find our current web site at either GoToTheBeach.net or GoToTheBeach.com. I’ll drop you an e-mail when the new site is completed, so you can take a look.

Also, I wanted to remind you we are on FACEBOOK. If you are a FACEBOOK user, please go to our page and “Like” us. This will help us keep you up to date.

Click here for FACEBOOK: GoToTheBeach on Facebook

Again, if we can be of any help, please drop us an e-mail or give us a call.

We look forward to hearing from you,

Jon, Judy Tracy, Adam and Karen

www.GoToTheBeach.net

www.GoToTheBeach.com

Jon@GoToTheBeach.net

850-231-3344