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Monthly Archives: May 2023

    SUSTAINABLE HOME UPGRADES FOR OWNERS ON ANY BUDGET

    By Richard Eimers | May 30, 2023

    Here’s a breakdown by budget of the projects that can save homeowners money on energy bills—and the potential savings. Energy-efficient home upgrades could help homeowners cut their annual energy bills in half while also reducing their home’s carbon footprint. But even though consumers are showing a greater interest in sustainability, nearly a third say they... Read More

    UNDERSTANDING REAL ESTATE MARKET TRENDS: ANALYZING AVERAGE AND MEDIAN SALES PRICES IN COASTAL AREAS

    By Richard Eimers | May 30, 2023

    By understanding these trends, buyers and sellers can make more informed decisions in the real estate market. It's essential to consider factors such as location, demand, and property types when assessing property prices. Monitoring changes in average and median sales prices provides valuable insights into market dynamics and helps individuals navigate the coastal real estate landscape more effectively. Read More

    MORTGAGE APPLICATIONS ON NEW HOME PURCHASES UP 4.1%

    By Richard Eimers | May 24, 2023

    Mortgage applications for new home purchases were up by 4.1% in April from one year ago but were down 11% from March, according to new data from the Mortgage Bankers Association (MBA). Read More

    WHY BUYING A VACATION HOME BEATS RENTING ONE THIS SUMMER

    By Richard Eimers | May 23, 2023

    Bottom Line: If any of these reasons for owning a vacation home resonate with you, let’s connect. You still have time to enjoy spending the summer in your vacation home. Read More

    UNLOCKING TAX BENEFITS: EXPLORING THE ADVANTAGES OF A 1031 EXCHANGE FOR VACATION RENTAL PROPERTIES.

    By Richard Eimers | May 22, 2023

    While the benefits of a 1031 exchange for vacation rental properties are significant, it's crucial to keep a few key points in mind: Timelines and Deadlines: The 1031 exchange has strict timelines. After selling your initial property, you have 45 days to identify potential replacement properties and 180 days to complete the purchase. Failing to meet these deadlines could disqualify you from tax deferral benefits. Read More

    GROOVE, GRATITUDE & SUN-KISSED VIBES: THE UNFORGETTABLE FREE MEMORIAL DAY CONCERT BY SINFONIA AT ALYS BEACH

    By Richard Eimers | May 22, 2023

    Searching for an extraordinary way to celebrate Memorial Day without breaking the bank? Look no further than the Free Memorial Day Concert by Sinfonia at Alys Beach. With captivating tunes, a picturesque setting, and a community brimming with excitement, this event is an absolute must-attend. So grab your flip-flops, pack a picnic, and prepare for an evening filled with laughter, music, and unforgettable moments—all while expressing our deepest gratitude to the heroes who have sacrificed for our freedom. Don't miss this sensational opportunity to make memories and celebrate the holiday in style, without spending a single dime! Read More

    SOUTH WALTON’S VOLUNTEER BEACH AMBASSADORS GEARING UP FOR SEASON

    By Richard Eimers | May 16, 2023

    The VBA Team would like to grow to 300 plus members this year and will be training once or twice per month through August. Those interested should follow Friends of South Walton Sea Turtles on Facebook to see dates and times of training sessions, and email VBA@FOSWST.COM. Read More

    IT’S A TOUGH MARKET FOR BUYERS – MANY DON’T CARE

    By Richard Eimers | May 16, 2023

    Beyond simply looking for inspiration, two-thirds (65%) of those who scroll through listings are interested in what their current budget would get them if they were to buy today. Read More

    5 ‘UNCONVENTIONAL’ LOAN OPTIONS FOR ALMOST EVERY TYPE OF HOMEBUYER

    By Richard Eimers | May 16, 2023

    Because let’s face it. As many times as we (the mortgage people) tell homebuyers to speak with a mortgage professional as the first step in their homebuying process, we all know they’re going to you, their agent, first. And that’s kind of a great thing… especially when you can explain what’s possible. Read More

    NEW HOME SIZE: SMALLER, BIGGER, SMALLER AGAIN

    By Richard Eimers | May 8, 2023

    Housing affordability remains a struggle, which home buyers recognize. Nine out of 10 buyers (91%) are willing to compromise to afford a home. Read More