Southern Exposure

Rosemary Beach - last gulf front lot under contract

Well the end of available gulf front lots in Rosemary Beach is near. This last available gulf front lot in Rosemary went under contract back in August and has moved to a pending status this week and is currently scheduled for a 12/30/08 closing.

This was a great piece of property. Located in the very southwest corner of Rosemary. It offers 83 feet of gulf frontage and is about 85 or so feet deep. The view to the west are spectacular and it is close to the Barbados pool and it conveys some sketch approve plans.

So, for all of us who were dreaming of owning a gulf front lot in Rosemary it looks like it is over. Now you are left with some other options. We can buy an existing home and tear it down and create our own dream home.... or just take the existing home and tweak it a bit to suit your needs...

What do you all think...???

If you are thinking about purchasing a gulf front property...now is the time. Contact me to discuss.

Make it a great day.

Price

Fall has begun

This morning it was 62 degrees. Monday was officially the first day of autumn. Yes!! I love the fall. It brings seafood festivals, college football and offers a time for the most discriminating of buyers to have the time to purchase their dream homes. As things begin to slow and the temperature drops a bit I think it is the very best time to buy real estate. My intuition says this is a time when we will see the big ticket shoppers begin to re-enter the market. Prices for gulf front real estate are reasonable and relatively inexpensive as it relates to other coastal communities in the northeast and west coast. Supply is good- not a huge glut for sale in the Gulf Front department- but enough to keep prices reasonable through the fall and into the spring. During this time of year the gulf becomes clearer and a vibrant blue, the sunsets and horizons fill with colors all across the spectrum at the end of each day...I love it.

Watercolor sales are continuing to cruise along at a very nice pace. This community is our shinning star in the market with over 50 homes sales so far this year and on pace to have between 75 and 80 sales for 2008. WOW!!

 Also, another trend is interest in unique properties. As we comb through the sales each day I consistently see opportunities that present a level of uniqueness going under contract and resulting in closed sales such as: superb gulf front, lake front, properties with grand trees and non-typical views or orientations. If you have an interest in such opportunities please let me know as I am actively looking at these and trying to find homes for them.

Pricing appears to be the most important aspect to sales success. It is my job to price properties in the "sweet spot". This is not easy as the "sweet spot" is constantly moving as the market is quite fluid and changes with each and every new property that is brought to it for sale. We take the time to study each and every new property and the changes to the existing and expired ones to best understand where the market is, and most importantly, where it could be moving to. If you are considering selling please do not hesitate contacting me and lets discuss some options.

Till next time.

Expect more, get more

Price

Beach Minute

Here is my second Beach Minute. Still working out the kinks, hopefully next time we'll have it even better!

Thanks again to Aaron for helping me out.

The Beach Minute from aaron sutton on Vimeo.

Jim Cramer's perspective

Remember the ranting and raving Jim Cramer did a year ago? Well he was on Morning Joe this morning and here's what he had to say about the AIG bailout, the housing market, etc.

I just love this guy!

Unique Gulf Front Opportunity "The Redfield House"

This is NOT your everyday home. Homes like this one are one in a million and are rarely sold, they are generally passed on from generation to generation. This is a place where memories are made and special times shared. We are all living busy lives and that make homes like this  precious for so many reasons. Imagine waking early in the morning and going for a stroll down the beach, picnic lunches under your umbrella with your toes in the sand, afternoon dips, viewing sunsets each evening and the rumble of the gentle waves as your head rests on your pillow.

As you turn in the drive, south bound from Hwy 30-A, through the oleanders, you get a feeling of just how special this property is. There is not another one like this along the Emerald Coast. Both houses combined offer 7 bedrooms and 6.5 baths and just about 4000 sq. ft. of heated and cooled space on 72 feet on the gulf. The southern home consists of about 2400 square feet in 4 bedrooms and 3.5 baths and a two car garage. The views from this home are unbelievable. They truly take your breath away. The guest house is 1600 square feet in 3 bedroom and 3 baths with a garage. This house is perfect for guests and something you would be quite proud to have anyone stay in for as long as they like. With that said, the landscaping, decking and dune walkover compliments this "gem" of a property. For the buyer wanting a true compound, the adjacent lot is available and offer an additional 59 feet on the gulf for a total of 131 feet on the gulf. These properties would be a rental machines if the owner desired to rent them and to put this over the top the zoning for both lots is NPA/ Infill which allows development for up to 8 units an acre among other uses for excellent future development potential. If you would like more information please do not hesitate to contact us. We would love to give you a tour.

Redfield House

Goodbye Summer

This past weekend my wife and I got away for a couple of days to Atlanta.

Stayed close to the area that has homes like this.........

And got to enjoy this.....

I hope you enjoyed your summer. It's been one of growth for me(I hope). I look forward to getting back to work on my blog this fall. See you soon!