Markets

Fla.’s housing market: rising prices, inventory in Aug. 2014

Fla.’s housing market: rising prices, inventory in Aug. 2014

The good news in Navarre real estate is that distressed property (foreclosures, short sales) sales have dropped from 16 percent last year to 11 percent of total sales currently, according to local Realtor Patricia Williamson. “Another good market indicator is how long a property stays on the market,” Williamson said, adding that the number is […]

Jobless rates up across the region

Jobless rates up across the region

All area counties saw increases in their unemployment rates from June to July 2014. For Santa Rosa, Escambia and Okaloosa counties, July marked the third consecutive month that their unemployment rates had increased. Unemployment rates in Santa Rosa and Escambia counties are above the state and national averages, while Okaloosa and Walton counties remain below. […]

Residents oppose Soundside rezoning

Residents oppose Soundside rezoning

A company looking to develop about 185 acres along Soundside Drive invited nearby property owners to an informational meeting July 31 in an effort to alleviate concerns many had expressed prior to the county’s zoning board meeting in June. About 60 people arrived at the meeting opposed to the company’s rezoning request that would allow smaller lots sizes on […]

Local housing market posts gains

Local housing market posts gains

A report released last week by Florida Realtors® showed housing sales in the Pensacola-Ferry Pass-Brent MSA, which includes Santa Rosa and Escambia counties, outpaced sales in other northwest Florida locations stretching as far as Panama City. The report showed a 25.7 percent increase in single family home sales in Santa Rosa and Escambia counties between […]