Category: Blogs
PONTOON RENTALS START OPERATOR WRISTBAND POLICY TO PREVENT BUIs
DESTIN, Fla. ( WMBB ) — The Okaloosa County Sheriff’s Office patrols local waterways 24/7. Over the Memorial Day weekend, more than 40,000 vessels took to the water to remember the fallen. OCSO said over the four-day period, FWC worked two minor crashes, drastically down from 2022 numbers. According to FWC, Okaloosa County was among the top 10... Read More
GOV. SIGNS 3 PROPERTY INSURANCE BILLS INTO LAW
HB 881 expands the My Safe Florida Home program to most areas and increases minimum home values. SB 7052 boosts consumer protections and insurer accountability. HB 799 changes Citizens’ price increase “glide path” mainly for non-homesteaded properties. TALLAHASSEE, Fla. – Gov. Ron DeSantis signed three bills on Wednesday that impact property insurance in Florida. Together,... Read More
SUSTAINABLE HOME UPGRADES FOR OWNERS ON ANY BUDGET
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 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%
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
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.
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
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
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
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