Housing prices have fallen just about all over the country and the Emerald Coast is no exception. The Destin real estate market has deflated, and prices have dropped as much as 50 to 60% on some properties that are selling. Deals are abundant for buyers who have been waiting to purchase homes and condos.
Many properties are taking longer to negotiate, but buyers who are willing to negotiate are getting deals that haven’t been seen in this second home market for years. If this isn't the bottom of the market it's hard to tell where it could possibly be at all.
Real estate agent Mike Colpitts is a Certified Expert in Resort Property, Certified by the Worldwide Recreation and Resort Sales Council. Mike knows Destin and South Walton inside out. Mike is also an ex-building inspector, who has been selling property since 1989.
Whether you're looking for a second home at the beach, Investment property, a vacation home, a 1031 Tax Deferred Exchange or to sell Destin, Florida real estate Mike's insight can give you an advantage.
Buying a home, condo or townhouse in a resort market is vastly different than purchasing property in conventional markets. Factors like rental income, resort styles, and differences in amenities are just some of the aspects that come into play that aren’t considerations buying a home in other communities.
To view listings hit the search listings button on the menu. Listings are updated daily. We specialize in properties in Southern Okaloosa and South Walton Counties along Scenic County Road 30-A, and also work the greater Emerald Coast area.
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To find out more about the Emerald Coast, and learn everything there is to know about Destin real estate feel free to spend some time here. If you're looking for a more kick-back life-style take a look at South Walton through the Santa Rosa Beach menu button.
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