Archives for November 2013

Open Houses A Big Success

We held eight open houses last Friday on St. George Island and had a huge turnout!  My listing house had 21 guests.  Most of us in the office have been showing property and writing offers all weekend.  It’s great to be in a busy market again.

open house

Gulf View Home on St George Island- $339,900

Check out this charming beach home at 1072 East Gulf Beach Drive on the south side with gulf views and easy beach access.  3 BR/2 BA, 1152 square feet.  This is a well-maintained property in a great location, priced at only $339,900.

UNDER CONTRACT-Gulf Front Home on St George Island – $799,900

This charming gulf front home has been completely remodeled over the past few years and is move-in ready.  4 BR/2 BA, upscale furnishings.  Terrific gulf front location!  $799,900.

524 West Gorrie Drive, SGI.  $799,900.

524 West Gorrie Drive, SGI. $799,900.

 

Housing Recovery Continues as Fannie Mae Repays Bailout Money

With its 4th quarter dividend payment to the US Treasury Department, Fannie Mae will have repaid $114 billion of the $116.1 billion bailout.  This success is due to the housing market recovery.  Click on the link to read full article.

http://www.latimes.com/business/money/la-fi-mo-fannie-mae-earnings-profit-bailout-housing-20131107,0,2274897.story#axzz2k44LSnRd

fannie mae logo

Another Sign Foreclosure Crisis Is Evaporating?

Check out this article and data from Realtor Magazine.  Click link to read.

http://realtormag.realtor.org/daily-news/2013/11/14/another-sign-foreclosure-crisis-evaporating?om_rid=AAB51p&om_mid=_BShUo5B82ejxO6&om_ntype=RMODaily

Realtor logo-web

2014 Market Predictions by NAR’s Chief Economist

Lawrence Yun, chief economist for the National Association of Realtors, recently made his real estate market predictions for 2014 indicating that existing home sales prices should increase about 6%.  To read the full article from DSNews.com, please click here.

http://www.dsnews.com/articles/nar-chief-economist-reveals-2014-predictions-2013-11-11

Lawrence Yun, Chief Economist for NAR

Lawrence Yun, Chief Economist for NAR

Best Lot Value on St. George Island

This beautiful lot is listed for only $49,900.  Located at 305 Bradford Street in a quiet area, the site is approximately 90 ft x 150 ft with natural vegetation and trees.  No visible wetlands.  Bank owned.

305 Bradford Street, SGI.   $49,900.

305 Bradford Street, SGI. $49,900.

Partial Solar Eclipse November 3

Here’s shot of the partial solar eclipse over Apalachicola Bay today November 3.  Photo by John B. Spohrer, Jr.

SolarEclipse-11-3-13

Florida Seafood Festival This Weekend

The Florida Seafood Festival celebrates its 50th anniversary Friday and Saturday at Battery Park in Apalachicola.  The 2-day celebration is the oldest maritime festival in Florida, featuring seafood and seafood events, arts and crafts and musical entertainment.  For more details, go to www.floridaseafoodfestival.com.

Seafood Festival

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