My New Blog

After months of constantly asking "When's the market gonna pick up?" and "How much longer should I wait to buy real estate in the Destin, Fl to ensure that I get the best deal possible?", it seems that the answers have finally arrived in the first few months of 2007.

The time is now !!!

For the month of January, 2007, our office, Coldwell Banker JME Realty - Destin, closed transactions totalling $24,000,000 and wrote another $20,000,000 in pending sales.  Just as there was no bell that sounded that marked the beginning of the market correction over the past year and a half to two years, there was certainly no bell to mark the beginning of the return.

The Destin real estate market is certainly not back to where it was two to three years ago, but it's not where it was last year either (thank goodness.)

The inventory levels are still too high (60 months worth of inventory in certain situations); however, many of the sellers are finally being more realistic in their expectations when setting the sales price (hence, the increased activity over the first three months of 2007.)

Now is the time to make a killing in the Destin Real Estate market.