Despite some headwinds, 2023 was another positive year for home sales and values. Interest rates were close to 8% last summer and insurance and taxes are more and more expensive, but the popularity of the area offset the negatives, and home values saw additional increases in 2023. National and even local projections pointed to either a flat housing […]
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Mid Year Market Recap – Mexico Beach to Cape San Blas
The real estate market remains steady, fairly strong, and active halfway through 2023. Average home prices continue to tick up in a year that many experts called for declines. I think the popularity of our area is helping to offset overall economic negatives and high-interest rates. More and more people want to own a piece of our paradise. Home […]
Record Turnout – Great 2023 Gollywhopper
Great turnout with 95 boats fishing the tournament this year. Both the Captain’s party and weigh-in were a lot of fun and well attended. We paid out $28,500 on Saturday and passed on another $3,700 to the MBARA for the new aggregate division where anglers can weigh a king at the GollyWhopper and MBARA Tournament that […]
2023 1Q Recap- Mexico Beach to Cape San Blas Market Newsletter
Through the first 3 months of the year, the market is doing “okay”. The 4th quarter of 2022 was pretty slow with some real concerns about the possibility of falling prices and fewer buyers in 2023. That’s not been the case, and overall things are positive. Prices haven’t raced up like ’21 and ’22, but the market has been […]
Mexico Beach to Cape San Blas 2022 Market Recap and looking to 2023
2022 was the 18th and wildest year that I’ve sold real estate from Mexico Beach to Cape San Blas. The beginning of the year and into spring was downright nutty with a frenzy of buyers, inventory extremely low, and prices flying up. The spring market here had purchasers buying whatever they could find and so few listings that […]
2022 Mexico Beach Gollywhopper Recap
The 10th Annual Mexico Beach GollyWhopper held this past weekend was a huge success with a record turnout. We had 83 boats and 26 youth enter the tournament and great participation in the separate target division. There was $29,318 paid out to the 18 winners. The City of Mexico Beach and new city manager, Doug Baber, and Public […]
Mexico Beach to Cape San Blas Market Update – 1Q 2022
Our hot real estate market has continued with values rising substantially from Mexico Beach to Cape San Blas. We saw a steady rise in values from the lows in the early 2010’s until a much more rapid increase in the last 2 years. It’s a strong seller’s market with buyers having to settle for what they can […]
3 Years After Hurricane Michael – Mexico Beach Real Estate Market Report – 2021
10/10/21 marked the 3-year anniversary of Hurricane Michael devastating Mexico Beach and the surrounding areas. It’s been a busy 3 years, and our real estate market got caught up in the frenzy seen in many parts of the country in 2021. After going up in the 3-5% per year seen since the market started rebounding in 2012-2013, […]
Two Years After Hurricane Michael – Mexico Beach Real Estate Market Report
What a two years it’s been since Hurricane Michael ravaged our area and flipped the lives of so many people upside down. Unbelievable amounts of cleanup, infrastructure repairs, and rebuilding have taken place since the storm. The rebuilding process is far from complete and much work left to do. Our market remains very strong with an […]
One Year After Hurricane Michael- Mexico Beach Real Estate Market Report
What a year it has been in Mexico Beach. Hurricane Michael devastated Mexico Beach beyond imagination. It’s hard to describe the devastation the area faced to those that haven’t been here, but we’ve proved resilient and are looking forward to a bright future. Massive cleanup and rebuilding efforts have been underway for the past year. […]