Very interesting peak into what is going in the market. This certainly answers the question of how many short sales are in the market for buyers and the ratio of total sales that are bank decisions.
| From 7/1/09-9/7/09 | Residential Land | |||
| Areas 17 & 18 (30A) | ||||
| Price Range | Sold | Under Contract | U/C that are SS | U/C that are REO |
| 50,000-100,000 | 9 | 12 | 1 | 6 |
| 100,000-199,999 | 5 | 13 | 5 | 2 |
| 200,000-349,999 | 8 | 12 | 6 | 2 |
| 350,000-499,999 | 1 | 3 | 1 | 0 |
| 500,000-749,999 | 4 | 4 | 3 | 0 |
| 750,000-999,999 | 2 | 4 | 0 | 0 |
| 1,000,000-1,499,999 | 2 | 3 | 0 | 0 |
| 1,500,000-1,999,999 | 1 | 0 | 0 | 0 |
| 2M+ | 1 | 1 | 0* | 0 |
| From 7/1/09-9/7/09 | Detached Single Family | |||
| Areas 17 & 18 (30A) | ||||
| Price Range | Sold | Under Contract | U/C that are SS | U/C that are REO |
| 350,000-499,999 | 13 | 32 | 23 | 1 |
| 500,000-749,999 | 9 | 14 | 9 | 2 |
| 750,000-999,999 | 9 | 16 | 12 | 0 |
| 1,000,000-1,499,999 | 7 | 6 | 5 | 0 |
| 1,500,000-1,999,999 | 6 | 5 | 4 | 0 |
| 2M+ | 2 | 4 | 2 | 0 |
If you are one who wants to feel like they are taking advantage of an opportunity in this market....well here it is. Located in one of Destin's most desirable Bay front Golf communities. The Waterford neighborhood currently contains some of the most incredibly built and designed waterfront homes in all of Destin.
Currently listed with other comps @ $1.2M...But BRING ALL OFFERS! Prepared to see all and present to bank for approval.
Lot Size: 1.6 Acres (100x444) Huge!
Price: $1,200,000 But Bring All Offers
Author: Destin Real Estate Company
According to information gathered from the Emerald Coast Association of Realtors Multiple Listing Service (ECAR MLS) by Destin Real Estate Company, as of June 15, the boutique, luxury firm is number one in sales volume of all offices on the Emerald Coast. The company reports a year-to-date sales volume of just over $44.5 million, with an approximate $30 million in additional contingent or pending sales contracts, set to close by the end of the year.
Among those properties that sold this year was an 8,354 square-foot, Gulf-front home in Blue Mountain Beach, originally listed for $12.7 million by Mark Stroop, a two-story, Gulf-front penthouse at Andante in Seacrest, originally listed for $2,990,000 by Allen Adams as well as a Gulf-front lot in Gulf Dunes with over 200 feet of beach front, originally listed for $1,695,000 by Blake Morar, sold by fellow Destin Real Estate Company agent Christina Meinen.
Destin Real Estate Company recently published the Spring/Summer issue of its NICHE magazine. Originally published as PREMIER SPIRIT OF HOMES, the 40-page, full-color magazine showcasing the company's entire luxury real estate listing inventory has already produced an enormous number of calls in the short time it has been out. NICHE can be found locally at Publix grocery stores in Destin, Sandestin and WaterColor, as well as online in an interactive, digital edition, complete with virtual property tours at www.destinproperties.com/niche.
A tax credit is now available for Qualified First Time Home Buyer's purchasing a principal residence on or afer January 1, 2009 and before December 1, 2009. The big move is.....this one doesn't have to be repaid.
There is a definite time table for this generous gift. The $8,000 tax credit only applies to homes purchased before December 1, 2009. There could be an extention, but with the heat that Congress has caught over the money spent for stimulus.....I would bet my credit while I could.
Here is a snapshot of the Credit:
Information courtesy www.federalhousingtaxcredit.com
Open House in Sandestin's Premier Gated Community-Burnt Pine.
Saturday Feb. 28th 10 a.m.-3p.m.
This incredible home was built in 2005 and sits on one of the largest lots in Sandestin.
Do not miss the opportunity to view this incredible home.
5 Bedrooms 4 Full Baths 2 Half Baths
5,200 Sq Ft
$2,500,000 Furnished
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Introducing buyers to Destin Florida Luxury homes, Sandestin Luxury homes, and a valuable resource for first time home buyers in Destin Florida area.
It's a relaxing thing to know that everything you have done in your career has brought you to where you are now. I have had the luxury of working for some of the World's top Real Estate and Resort Development Companies. I have held various positions such as Golf Professional, Sales Executive, Sale Manager, Project Manager, and Director of Sales. All of this experience allows me to give my clients views from many angles about their Real Estate purchase or Investment.
My enjoyment in this business is finding buyers and becoming a resource that they can depend on again and again. More importantly I look forward to helping them buy the home of their dreams or help them sell so that they can.
First Time Home Buyers: It is hard to ignore the opportunities being presented to you in the current climate. My goal is helping you maximize on the current pricing as well as the tax advantages created for you. There will probably never be a better time to be a first time home buyer.
Investors: Those who can take advantage of current pricing will see rewards in the future. While the "flipping" fun is over...Destin remains a high volume tourist attraction. Demanding higher rental rates and occupancy than other Gulf Coast competition. The economic climate may have changed, but not the passion of tourists to return to this area year after year.
Luxury: Destin Real Estate represents the finest collection of fine homes on the Gulf Coast. We are very conscience of our clients needs, wants, and desires. There is no doubt that you will find what you are looking for in our collection.
Destin Real Estate Company is owned by Blake and Melody Morar. Blake founded the Company in 1998 and was joined by Melody in 2001, who is now the broker for the Company. Since then, Destin Real Estate Company has grown to include eleven sales associates and an administrative support staff of trained individuals, including assistants, a transaction coordinator and marketing director. Our boutique-style approach to selling real estate allows us to orchestrate the swift and successful sale of your property from start to finish. We have come to specialize in the sale of unique and highly desirable homes and land. An assiduously solid track record continues to sustain our pursuit of new opportunities to enhance the way we do business.
The success of our philosophy is evident in the fact that Destin Real Estate Company is able to sell, in-house, approximately 80 percent of the properties it markets. This is a much higher percentage than normal as most real estate companies simply list properties and wait for agents from other companies to sell them. By employing unique, upscale and direct marketing methods along with an extensive database of buyers, we are able to achieve a high level of success within our target market.
In addition to property specific pieces, Destin Real Estate Company releases its bi-annual buying guide, Premier Spirit of Homes, which showcases all of the Company’s listings.
The tabloid-sized piece is printed on heavy gloss stock and direct mailed to our entire database and made available for pick-up locally. If you would like to receive a copy, please contact us.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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