Reasons to Buy Real Estate in 2011

Michele Lerner, author of Homebuying: Tough Times, First Time, Any Time, offers reasons why real estate is likely to improve in 2011. Here are five reasons she thinks consumers should consider a home purchase next year:

  • Mortgage rates will stay low. Even with rates climbing — maybe to as high as 6 percent by 2012 — they are still well below where they have been historically.
  • Tax cuts could help. Extending the tax cuts could encourage a more rapid recovery for the economy.

  • Americans want to be home owners. A recent Fannie Mae survey showed that Americans still believe a home is a safe and desirable investment [Read more...]

Emerald Coast Real Estate in 2010?

We knew that real estate in 2010 was going to be a year of transitions. Coming off of the volatile years of ’08 and ’09, where we saw a massive number of foreclosures and short sales, ’10 was a year where sellers were trying to find the correct pricing and buyers were trying to find ways to buy properties.

Overall, 2010 was a fairly stable year as banks took more control of the transactions, and buyers and sellers found more confidence to buy and sell. Even with the continued price corrections in the Emerald Coast market, sales have been steady.

The largest trend we saw in 2010 was that it was the dividing line between real estate agents that “dabbled” part time in real estate, and those professional that have made selling real estate an established career. For the Laurie Hollowell Team, 2010 was strong, finishing as one of the top agents at Keller Williams Realty Emerald Coast. [Read more...]

Beachwood Villas Directly Across 30A From Two Public Beach Accesses!!

Adorable 1 bedroom 1 bath unit in Beachwood Villas directly across 30A from two public beach accesses!! The community features 2 swimming pools (1 heated during winter), tennis courts, shuffleboard, raised wood boardwalks, playground, outdoor cooking areas, clubhouse, lush landscaping and deeded beach access. Located in the heart of Seagrove Beach close to Seaside, Watersound, Alys and Rosemary Beach. Beachwood Villas are also conveniently located next to the shops at Seagrove Plaza for shopping, dining or renting beach cruisers to ride along 30A’s beloved bike path. The large shaded patio is wonderful for outdoor relaxing or dining as it looks over the beautiful trellis and Bougainvilla vine adding the elements of privacy and seclusion with a view of the Gulf.

Property Details

Listing Price: $155,000
Address: Beachwood Villas Condo #1D
City: Santa Rosa Beach
State: FL
Zip Code: 32459
MLS#: 545988
Approximate Square Feet: 640
Bedrooms: 1
Bathrooms: 1

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Beachwood Villas In The Heart Of Seagrove Beach

Price reduced 9/26/11! Adorable 1 bedroom 1 bath unit in Beachwood Villas with large balcony directly across 30A from two public beach accesses!! This is a non-smoking, no pet condo that has been meticulously taken care of. New carpet, refrigerator, dishwasher and microwave; upgraded vinyl flooring in the kitchen, bathroom and entryway too. Owner created large second owner storage as well. The community features 2 swimming pools (1 heated during winter), tennis courts, shuffleboard, raised wood boardwalks, playground, outdoor cooking areas, clubhouse, lush landscaping and deeded beach access. Located in the heart of Seagrove Beach close to Seaside, Watersound, Alys and Rosemary Beach. Beachwood Villas are also conveniently located next to the shops at Seagrove Plaza for shopping, dining or renting beach cruisers to ride along 30A’s beloved bike path. The large shaded balcony is wonderful for outdoor relaxing or dining as it overlooks the beautiful trellis and Bougainvilla vine adding the elements of privacy and seclusion.

Property Details

Listing Price: $110,000
Address: Beachwood Villas #4A
City: Santa Rosa Beach
State: FL
Zip Code: 32459
MLS#: 546967
Approximate Square Feet: 640
Bedrooms: 1
Bathrooms: 1

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End Unit at Seascape Boardwalk

Units like these don’t come on the market very often!! Out of 44 units at Boardwark, only 8 are end units – and this is one of them!! Light and bright, updated and never rented, this 3 bedroom condo overlooks Stewart Lake where you can enjoy the views from the screened in porches or from the living room and huge master bedroom. The kitchen has been updated with new countertops, cabinet facings and appliances. Just a short walk to the community pool or beach over the boardwalk, plus all the other amenities Seascape, a gated golf community has to offer. There is a private parking area just across the street to the 2000 feet of beach, with a walk-over, so you don’t have to worry about crossing the highway. Whether a primary residence or vacation home, this is a perfect investment! Buyer to verify square footage. Be sure to see the virtual tour!

Property Details

Listing Price: $374,900
Address: Seascape Ph 7 #187
City: Miramar Beach
State: FL
Zip Code: 32550
MLS#: 540755
Approximate Square Feet: 1650
Bedrooms: 3
Bathrooms: 2

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Under Contract: Ciboney #1015

Under Contract…Enjoy the convenience of this first floor end unit with no stairs to climb or waiting for the elevator! Walk right out to the pool, tennis courts, BBQ area or the beach! This two bedroom, two bath (sleeps six) has never been on a rental program, but is rental ready. Professionally decorated with a classic nautical theme and custom window treatments. A/C unit was replaced last year. Convenience of a laundry room with full sized washer and dryer. The Ciboney exterior amenities include deeded beach access, tennis courts, heated swimming pool with sun deck, his and her bathrooms and a BBQ area. Short walk to Pompano Joes and just minutes to dining, fishing, recreation, golf, Silver Sands Outlet Mall, Baytowne Wharf at Sandestin, The Market Shops, The Destin Commons and Big Kahuna’s Water Park. A short drive to the Zoo, Museums, Eden State Park, Seaside, Rosemary Beach and the rest of County Highway 30A.

 

Property Details

Listing Price: $179,500
Address: Ciboney Condo #1015
City: Destin
State: FL
Zip Code: 32541
MLS#: 544920
Approximate Square Feet: 920
Bedrooms: 2
Bathrooms: 2

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St Thomas At Silver Shells “Views That Will Amaze You!!”

Spectacular west end corner unit with views of the Gulf of Mexico, Choctawhatchee Bay and Henderson Beach State Park. St. Thomas at Silver Shells is the pinnacle of luxury. Amenities include everything you could want…non-rental, 24 hour security services, elegant private entrance and lobby, covered and secured underground parking space, elevated and lushly landscaped Gulf front terrace with private heated salt water swimming pool, spa and pool attendants, state of the art fitness center and health spa, multi-purpose club room, tennis, basketball, volleyball courts, shuffleboard and beachside bar and grill. Ruth’s Chris Steakhouse is within the resort as well. Walk in to your piece of paradise through your semi-private elevator. You could be enjoying gorgeous sunsets this season!!

Property Details

Listing Price: $1,650,000
Address: St. Thomas at Silver Shells #1008
City: Destin
State: FL
Zip Code: 32541
MLS#: 533780
Approximate Square Feet: 2547
Bedrooms: 3
Bathrooms: 4

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Under Contract: Florida Style Home With Gulf View


Under contract! This house is in a great location, south of 30A and just steps to the beach access! Gulf view, with a great rental history (over $90k for past 3 seasons). Home sold furnished except for a few personal items. Centrally located between Dune Allen and Blue Mountain Beach; Gulf Place shopping also very close. Heated pool! Master suite encompasses entire 3rd Floor offering incredible views of the gulf and surrounding neighborhood which are wonderful. Master Bath has large double sink vanity, separate shower, walk-in closet, and garden tub. Kitchen on the second floor is huge, and the living/dining/kitchen area is completely tiled with views galore from second floor balcony. There is a small 4th bedroom (bunkroom) on the second floor as well that would be perfect for children and has a full bath.! First floor has 2 queen bedrooms and another full bath! There is a small 4th bedroom (bunkroom) on the second floor as well that would be perfect for children and has a full bath.!  Make your appointment to see Crystal Palms today!!



Property Details

Listing Price: $499,000
Address: 12 Beachwalk Lane
City: Santa Rosa Beach
State: FL
Zip Code: 32459
MLS#: 558343
Approximate Square Feet: 2776
Bedrooms: 4
Bathrooms: 3




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Foreclosures & Short Sales in Destin

With the manner things are coming along in the real estate market, it has become a veritable lot of real estate properties with rock bottom price tags! Off hand, we have a tendency to say that indeed we are in a buyers market. We can dare say that homebuyers never had it so good with the increasing number of properties being offered at very reasonable costs within their community. Can we then go all out in absolute confidence that everything out there guarantees to be a homebuyer’s dream deal? Sadly, this is often not perpetually the case.

The deal takes on a very different complexion when we think about distressed properties. You are getting into a volatile space in the real estate market if you decide to explore your best choices among the distressed properties being offered for sale at  ”discount” prices. [Read more...]