Real Estate Market

Area housing market on steady growth pace

Area housing market on steady growth pace

The Navarre real estate market isn’t booming quite like sometimes in the past, but it’s on a solid growth trajectory that doesn’t appear to hold a bust in store either. In other words, it may be just right. Read the full article in the Jan. 3 issue of Navarre Press. Visit www.navarrepress.com/subscribe to view subscription […]

Home-sales boom cuts inventory, boosts median price

Home-sales boom cuts inventory, boosts median price

Potential home buyers with smaller wallets may be getting squeezed out of the market in Santa Rosa County, according to the latest data. Local economist Rick Harper told the Santa Rosa Board of County Commissioners May 21 that inventories of homes for sale are down by 57 percent from their 2010 levels, dropping from last […]

Real estate booming

Real estate booming

In Navarre, the real estate business is booming. In measures of homes sold, the price for those homes and even how long houses stay on the market, Navarre continues to improve. Navarre Beach Area Board of Realtors President Mark Miller said that describing the market as “healthy” would be an understatement. “The real estate market […]

New houses rise from teardown sites

New houses rise from teardown sites

The number of Santa Rosa homes torn down to build new and bigger ones has nearly doubled since 2012, and the trend is evident from Milton to Gulf Breeze. “I think it’s a healthy sign for the real estate market,” said David Peaden, executive director of the West Florida Homebuilders Association. Read the full article […]

Home foreclosures drop as economy strengthens

Home foreclosures drop as economy strengthens

In yet another sign of Santa Rosa’s growth and recovery from the Great Recession, home foreclosures fell for the third straight year in 2016 while the inventory of repossessed houses also declined. Further, the prices being paid to buy foreclosed homes are rising steadily as fewer languish for long. Read the full article in the […]