The Florida Coast Realty Destin

11/17/2023

Average 30-Year Mortgage Rate Falls to 7.44%

Last week, it was 7.5%. It’s the third weekly drop in a row, good news for buyers facing persistently high prices and a near-historic low number of for-sale homes.

Last week, it was 7.5%. It’s the third weekly drop in a row, good news for buyers facing persistently high prices and a near-historic low number of for-sale homes.

11/07/2023

Solar Panels – Questions to Ask Before Contract

By Joel Maxson
If a seller’s home has solar panels, they should research how those panels could impact their transaction before going under contract.

If a seller’s home has solar panels, they should research how those panels could impact their transaction before going under contract.

10/04/2023

An AI-based, NextGen cloud platform, Titan Flood, plans to offer private flood insurance policies with the ability to provide quotes “in seconds.”

09/28/2023

Start Spreading the News: Fla. Tops NY in Home Values

By Kerry Smith
Study: Fla. leaped past New York to be No. 2 in housing values, trailing only Calif. S. Fla. (No. 5) and Tampa (No. 18) made the “top 20 most valuable metros” list.

Study: Fla. leaped past New York to be No. 2 in housing values, trailing only Calif. S. Fla. (No. 5) and Tampa (No. 18) made the “top 20 most valuable metros” list.

07/14/2023

How Stressed Are Buyers? A Lot, Finds Survey

By Kerry Smith
Gen Z (81%) and millennials (71%) felt the most stress, in part because many are first-time buyers. The main stress-triggers: Low inventory and rising loan rates.

Gen Z (81%) and millennials (71%) felt the most stress, in part because many are first-time buyers. The main stress-triggers: Low inventory and rising loan rates.

06/24/2023

Fla.’s May Housing: Inventory Up, Median Price Flat

By Marla Martin
Florida Realtors: YOY single-family home median price flat at $419.9K, supply at 2.7 months. YOY condo median price up 0.9% to $325K, supply stands at 3.6 months.

Florida Realtors: YOY single-family home median price flat at $419.9K, supply at 2.7 months. YOY condo median price up 0.9% to $325K, supply stands at 3.6 months.

06/16/2023

Mortgage Rates Fall to 6.69%, Second Straight Drop

By Alex Veiga
Last week, the average rate on a 30-year, fixed loan was 6.71%; last year, it was 5.78%. Freddie Mac’s chief economist credits the Fed’s interest-rate pause for the drop.

Last week, the average rate on a 30-year, fixed loan was 6.71%; last year, it was 5.78%. Freddie Mac’s chief economist credits the Fed’s interest-rate pause for the drop.

06/13/2023

What Are the Best Fla. Beach Towns?

Rather than consider the quality of sand or sunsets, a study ranked metros’ median home price, number of beaches, miles of shoreline and average temperature.

Rather than consider the quality of sand or sunsets, a study ranked metros’ median home price, number of beaches, miles of shoreline and average temperature.

06/07/2023

05/17/2023

2 Fla. Cities in Top 10 for ‘Best Places to Live’

By Kerry Smith
U.S. News & World Report for 2023-2024: Sarasota ranked No. 5 and Naples No. 6. Fla. cities landed 7 of the top 50 spots and 12 of the top 100 spots.

U.S. News & World Report for 2023-2024: Sarasota ranked No. 5 and Naples No. 6. Fla. cities landed 7 of the top 50 spots and 12 of the top 100 spots.

05/12/2023

Mortgage Rates Lowest in 5 Weeks at 6.35%

By Alex Veiga and Melissa Winder
Freddie Mac’s chief economist calls current rate movements a “sideways trend” – up a little, down a little. Last week, the 30-year, fixed-loan rate was 6.39%.

Freddie Mac’s chief economist calls current rate movements a “sideways trend” – up a little, down a little. Last week, the 30-year, fixed-loan rate was 6.39%.