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Destin, FL Real Estate News

By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
4 Factors That Influence Your Home's Value Getting ready to sell your Destin Florida area home in 2005? If so, learning more about how home value is calculated can be beneficial. Let's examine four factors that help us pick a price. 1) Location of the home-- in a vacation market, "near the beach" can mean many things. Is the building parked next to the water, or would a normal person need a sports drink and Red Bull to walk back to the unit?  For single family homes, units on the Main Street may not fetch the same as one on a cul de sac. 2) Your home's features-- Properties with popular upgrades command more than one lacking such items. And what constitutes an upgraded feature can evolve over time (remember when popcorn ceilings were proudly advertised). 3) Condition of the home-- in ge...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Destin Florida Real Estate-The Importance Of Title WorkIn my second home/vacation market many of the transactions are cash. A buyer lead here in Destin Florida  brought up a question I get a couple of times each year. "Since I am paying cash, why should I have title work ordered"? For those of us in the field this may seem basic, but for the sake of the buying public let's look at three areas title work examines...1) The Buyer-- The Title examination will also include a review of the potential buyer. Does he/she have any outstanding liens/judgements or back child support? If the buyer is getting a loan, any of these could be a deal breaker. For cash buyers I have seen title companies have the buyer sign hold harmless agreements when something came up. 2) The Seller-- Oh I could write a ...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
4 Fun Things To Do In Destin Florida During WinterConsidering a trip to Destin Florida before the heat arrives? Or perhaps you have a baseball tournament and need some ideas for side excursions. Let's take a look at four fun options!1) Go fishing--Nothing beats a red snapper trip in mid summer. But what if life brings you to Destin in February? Don't worry the local charter fleet knows how to put you on something that tastes great and puts up a fight. The best part? No summer heat or humidity! 2) Enjoy a local restaurant (or three)--During the peak season local restaurants can have a substantial wait. Outside of those core months things flow more smoothly. I can't think of an instance in 2025 where we have had more than a five minute, let's get your table ready delay. Even better news o...
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By Doug Rogers, Your Real Estate Resource!
(RE/MAX Coastal Properties)
Sometimes Buying Real Estate Is The Wrong AnswerConsidering a home purchase around Destin Florida in 2025? If so, I would love to help you find the right home and guide you to the closing table. Over the last 17 years of practice, I have identified a few scenarios where purchases real estate (or much of anything really) should be put on pause. Let's take a look. 1) If money is tight--Sure most of us need to live on a budget. But if credit cards are what allows you to eat the fourth week of each month now is not the time to buy. Get that credit card debt under control first! 2) When your partner HATES the home-- Wanting a stress filled awkward closing? Go ahead and "force" your partner into signing on something he/she would have passed on. 3) If your job status is uncertain--I once (in a...
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I just stopped by last week on the way to doing a BPO. I try to limit myself to visiting once every few months at most. This place makes great dishes but the homemade bake goods are some of the best around. They make everything fresh everyday. The size portions are unlike anything you see around Destin. The bear claw's have a basic covering that consits of an apple pie like topping. They make a great Rice Krispie treat. When I go I like to get the Banana Pancakes dish. You will want to get a to go box and make sure to try the muffins they make you will not be sorry.      Cuisine Southern Hours Daily 24 hr Address 635 U.S. 98 E Location Destin Phone 850/837-8824 Prices Main courses $7-$10; breakfast items, sandwiches, salads, and burgers $5-$9 Credit Cards Not accepted Season Closed 2 we...
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By Brandon Jordan
(ERA American Real Estate)
Contact Brandon Jordan cell (850) 758-1236 Detached Single Family . MLS#: 512989 OfficeFile#: ListPrice: $519,000 Status: Active ApproxSF: 3,506 BG: Address: 310 TEQUESTA DR DESTIN, FL Bedrooms: 4 Zip: 32541 Baths Full/Half: 3/ County: OKALOOSA Stories: 2 MainArea: 14 Destin YearBuilt: 2004 SubArea: 02 E DESTIN NO OF 98 OccStat: Occupied Subdiv: EMERALD LAKES ImmOcc? ParcelID: 00-2S-22-0981-0000-0250 ConstrStat: Construction Complete ElemSch: DESTIN Middle: DESTIN High: FORT WALTON BEACH Dir: East on Hwy 98 coming from Destin Commons - turn left at traffic light at Emerald Lakes Subdivision. Go through gate and follow Tequesta through roundabout to the right look for sign on the left. Legal: EMERALD LAKES PH III LOT 25 From the moment you enter into the driveway, the details will take y...
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By Robbie Fenn, Robbie Lynn Fenn
(Coldwell Banker United, REALTORS)
We're starting to see stabilization in prices in our area......I guess that means we're at or near the bottom......if only we had a crystal ball. I do think the crystal ball would tell us that until short sales and foreclosures are becoming a thing of the past, instead of a major part of the present, that we won't see appreciation and we'll probably still see pockets of price drops in areas. While I'll never be able to predict the future, what I can give you are the facts:Condo Market. The number of condos going under contract in August this year doubled compared to August 2008, showing significant growth in consumer intensity. All totaled, the number of condos going under contract year-to-date this year has exceeded last year by 499 units (up 85%). Condo inventory also continues to dec...
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By Clayton Bonjean, Broker | Owner | MBA
(Mainsail Realty Company)
    Search Destin, Florida Foreclosures and Short Sales at www.mainsailrealtycompany.com.     I LOVE OVER PRICED SHORT SALES - Destin and Santa Rosa Beach, Florida Isn't it funny how one $10,000 price adjustment on a $200,000 short sale listing can create a frenzy and multiple offers? I have found that over priced short sales are a great opportunity for the buyer's agent that understands the short sale process. If a short sale is listed for $200,000 and the comps are $160,000, one can offer $160,000 and educate the listing agent and seller with the comps. I have had great success with this and wanted to share this with the rest of you. These short sales stay under the radar and can present fantastic buying opportunities. Let me know if anyone else has had success with this strategy. To ...
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By Clayton Bonjean, Broker | Owner | MBA
(Mainsail Realty Company)
DESTIN FL FORECLOSURES AND SHORT SALES  DESTIN FL FORECLOSURE SEARCH - ALL LISTINGS!   WHY DO YOU NEED A REALTOR WHEN BUYING AND SELLING FORECLOSURES AND SHORT SALES? Buying and selling short sales and bank owned properties in Destin FL can be a very rewarding process.   Our current shift to a distressed market makes real estate agents even more valuable to buyers and sellers of distressed properties.  These types of transactions are not typical and require a high level of expertise.  One should hire a real estate agent that has the experience and training needed to successfully close one of these transactions.  I am a certified distressed property expert (CDPE) www.cdpenow.com and I have also completed "Short Sale Superstars" training www.shortsalesuperstars.com.    I personally endors...
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By Mike Frazier, Northwest Tennessee Realtor
(Carousel Realty of Dyer County)
Over the last several years, my family and I have vacationed on the emerald coast of Florida. We have always stayed at the Pelican Beach Resort in Destin. This is a beautiful resort in the heart of Destin and located only about a mile from the Destin airport where we fly in, tie down the plane and get a rental car.It is located directly on the beach with an unobstructed view of the gulf. About 8 years ago we started watching the property values of the DestinPelican Beach Resortcondos start climbing through the roof. My wife said she sure wanted to buy one of those Destin condosbut I told her that one of these days the prices will drop and drop they did. The prices peaked in 2006 and have been on a steady decline up until recently. Now, the Pelican Beach Resort condosare slowly starting...
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By Brandon Jordan
(ERA American Real Estate)
http://twitter.com/Puppysit   Welcome! PUPPYSIT IS NOW LOCATED IN THE OKALOOSA COUNTY AREA! Our House Pamper your pet with comfortable accommodations for those times when you are away. Our full-time care will ensure your pet's stay is enjoyable and safe. At this time I take in no more than a few dogs at a time. If your pet is used to sleeping with you, please make sure that they are freshly bathed and they will be welcome to sleep with us in our an air-conditioned home. Your dog must be friendly as I have 3 small dogs of my own that they will need to be compatible with. Fresh food, water, and linens will be provided daily for your dog. We suggest bringing their normal food to avoid unwanted tummy upsets. Feel free to bring any washable bedding material from home that may provide a famil...
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By Debbie James, 30A Luxury Homes
(850 Properties )
FACT: Sales are up month over month and year over year…for the last 14 months.FACT: Pending sales are up 45% over this time last year. The spreadsheet on my DebbieJames.com blog, shows YTD comparisons of active, pending, sold and expired for January – August 2008 vs. January – August 2009. This spreadsheet tells us the following: Buyers are seeing the value in purchasing property, again, in Destin. How else would pending sales be up, on average, 45%??!! And look at July and August, 73.57% & 56.46% respectively! Properties that are priced for today’s market value are selling. FACT: No amount of marketing will sell an over-priced property. In the next couple of weeks, I will post September numbers. Let’s see how they compare to the same time last year.
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By Josh McLean
(Clay and Company,LLC)
Destiny by the Sea is the most exclusive gulf front rental community in Destin, Florida. Destiny by the Sea is located on Scenic Gulf Drive on the east end of Destin, Florida. Destiny by the Sea is a gated community that consists of mediterranean-style vacation homes and full time residences. Many of the nation's rich and famous make Destiny by the Sea their rental destination of choice. It is one of the most sought after rental communities on the coast for it's privacy, security, and incredible beaches. You can enjoy the community pool and hot tub or spend your days relaxing on Destiny by the Sea's gorgeous deeded beaches. Destiny by the Sea offers a wide range of rental home sizes. You will find rental homes from 3 bedrooms to 10 bedrooms and up to approximately 10,000 square feet. D...
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By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
  Did you know that almost 1 in 4 Florida home loans are delinquent?  Even though most of my real estate business in Destin Florida is short sales, this news has stunned me.  According to an article by the Miami Herald, 23% of Florida mortgages, or 807,000 of 3.5 million loans are in foreclosure or have late payments by a month or more. So, if you live in Destin, Niceville, Fort Walton Beach or Navarre Florida, look up and down your street.  If you are out buying groceries in Crestview or Santa Rosa Beach Florida, look at the people in line with you.  Your neighbors, co-workers, gym buddies, friends and aquaintances are part of this group of homeowners who are hurting.  They have lost jobs or income.  They may not tell you, but how can they not be affected?  You do know someone who is ...
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By Clayton Bonjean, Broker | Owner | MBA
(Mainsail Realty Company)
Foreclosures in Destin FL Search foreclosures and short sales in Destin, Florida and surrounding areas by clicking the link below.Destin, Sandestin and Santa Rosa Beach Foreclosure Search   Destin, Florida Foreclosure Help:  There are many options available other than foreclosure.  I am a "certified distressed property expert" and have the experience necessary to help you avoid foreclosure.  Please call me at 850-585-1284 or email me at clayton@mainsailrealtycompany.com for foreclosure help.     Foreclosure Buying Blog - Destin and Santa Rosa Beach, Florida I have been working with many buyers making offers on bank-owned-foreclosures (REOs) in Destin, Sandestin and Santa Rosa Beach, Florida and have some information to share.There is no set rule for what to offer on a Destin, Fl foreclo...
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By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
  This Ariel Dunes condo, in Destin Florida, has been approved for a short sale.Lender:  SuntrustMortgage Balance:  appr $380,000Contract Price:  appr $225,000Terms:  Fannie Mae asked seller for promissory note for $8000 to pay past due HOA fees for $100 month for 80 months.  Seller instead offered $6000 cash contribution.  Fannie Mae agreed.To avoid foreclosure and sell your Ariel Dunes or any Destin condo as a short sale, contact an experienced real estate agent who specializes in short sales. It's Wendy! Wendy Rulnick, Broker, CRP, CRS, GRI, ABR     Rulnick Realty, Inc. Destin FL Real Estate Destin Short Sales & Pre Foreclosure Help. Read Wendy's Real Estate Blog Call toll-free 1-877-ITS-WNDY (1-877-487-9639) or local 850-650-7883 ext 204 Email Wendy: itswendy@rulnickrealty.com Call...
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By Tracey Clay
(Clay & Company, LLC)
Florida's existing home, condo sales up in June 2009 August 03, 2009 - Special to the Daily News ORLANDO - Florida's existing home sales rose in June, the 10th consecutive month that sales activity showed gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors (FAR). Statewide sales in June also increased over the previous month's sales level in both the existing home and existing condominium markets. And, for the second month in a row, the statewide median sales price for existing homes was higher than the previous month's statewide median. Existing home sales rose 28 percent last month with a total of 15,850 homes sold statewide compared to 12,339 homes sold in June 2008, according to FAR. Statewide existing home sales...
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By Tracey Clay
(Clay & Company, LLC)
Where do home prices really stand? NWF DAILY NEWS June 29, 2009 WASHINGTON - Is the historic U.S. housing market crash close to being over, or is the end still far, far away? While sales finally seem to be stabilizing, prices are still are likely to keep sinking well into next year and maybe longer. Prices have been cut in half in Las Vegas and Phoenix, according to one popular home price measurement. But statistics like these mask the many complexities involved in trying to measure U.S. home prices. Every home price gauge captures a somewhat different slice of the housing market, even when they all depict the same general trend. Also, all real estate is local - some neighborhoods have largely escaped the housing bust, and price declines can vary sharply within a single metro area. In m...
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By Josh McLean
(Clay and Company,LLC)
Sales stats are out for July. All stats are taken directly from the MLS and include single family home sales from Destin through 30A.  
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Contact Brandon Jordan cell (850) 758-1236 Residential Land MLS#: 511480 OfficeFile#: ListPrice: $250,000 Status: Sold Lot Dim.: 60.3X164.65X194.8X60.03 Address: LOT 33 RENDEZVOUS DR Acreage:     DESTIN, FL MinrlRts?   Zip: 32541 WFFeet: 60 County: OKALOOSA LotAcc: Paved Road MainArea: 14 Destin     SubArea: 04 DESTIN BEACHES EAST Zoning: Residential Single Family Subdiv: DESTINY EAST PH 1     ParcelID: 00-2S-22-0072-0000-0330     ElemSch: DESTIN Middle: DESTIN High: FORT WALTON BEACH Dir: Turn into Destiny East from Emerald Coast Pkwy - Take 3rd right which is Rendezvous Cove, lot is on the corner of Tranquility Lane and Rendezvous Cove. Legal: Destiny East Ph 1 Lot 33 Lake front Lot "SHORT SALE" BANK WILL APPROVE OR COUNTER OFFER IN FIVE BUISNESS DAYS!       I just helped a great fami...
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By Casey Joiner, Scenic Sotheby's International Realty
(Scenic Sotheby's International Realty www.caseyjoiner.com)
Number 1 in sales 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...
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By Wendy Rulnick, "It's Wendy... It's Sold!"
(Rulnick Realty, Inc.)
  The Florida Association of Realtors uses two different versions of the purchase and sale agreement.  One is called " FAR  (Florida Association of Realtors)" the other " FAR BAR" (Florida Bar Association).  In different parts of the state, real estate agent communities have their own customs as to which version they use.  In my Destin FL area, for example, the FAR contract is more common.  But a few towns over, in Pensacola, the FAR BAR is prevalent.  Now the Florida Association of Realtors is proposing to combine both contracts and make further changes.  The decision whether to proceed with the new contract will be made on August 23, during the FAR Annual Convention & Trade Expo.  I have reviewed the 21 proposed changes and sent my comments in to my board at the Emerald Coast Associa...
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