Rick Harper

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 […]

Harper assesses state of local economy, outlook for the future

Harper assesses state of local economy, outlook for the future

The U.S. economy is on the rise, hitting milestones not seen since the before the Great Recession. But that rise is accompanied by risks and new challenges. Economist Rick Harper gave the Navarre Beach Area Chamber of Commerce a briefing in the state of things Friday during the chamber’s monthly Commerce and Coffee. Read the […]

Whiting plays critical role in local economy

Whiting plays critical role in local economy

Federal, state and local government officials came together Monday for a comprehensive update of the impact NAS Whiting Field has on the area economy and a discussion of strategies to protect the base’s mission. The Congressional Field Hearing was hosted by U.S Rep. Matt Gaetz, who represents Florida’s 1st Congressional District. Read the full article […]

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 […]

Navarre lacks housing for young professionals

Navarre lacks housing for young professionals

In Santa Rosa County, 45 percent of residents are considered rent-burdened according to the U.S. Census Bureau. Rent-burdened is defined as any household in which housing costs exceed 30 percent of monthly household income. Read the full article in the May 3 issue of Navarre Press. Visit www.navarrepress.com/subscribe to view subscription options. Sign up to […]

Economic health fuels real estate market

Economic health fuels real estate market

The county’s real estate market has largely come back to pre-recession levels, said economist Rick Harper. Harper, the economic advisor for Triumph and retired analyst for the University of West Florida, made a presentation on the current state of the economy and its effect on real estate in Santa Rosa County Feb. 14 to the […]

More residents pay property taxes on time

More residents pay property taxes on time

In yet another sign of the area’s economic recovery, the number of Santa Rosa property tax delinquencies continues to fall. County records show that the percentage of property taxes collected after the annual March 31 delinquency deadline—when the levy for 2016 was due–fell to 5 percent this year. Read the full article in the Oct. […]

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 […]

County to woo more retailers to Navarre

County to woo more retailers to Navarre

Navarre could eventually be the site of new high-end grocers such as Whole Foods and The Fresh Market if the county successfully expands its fledgling economic development incentives for national retailers as Shannon Ogletree envisions. Read the full article in the May 25 issue of Navarre Press. Subscribe online for as little as $38 per […]

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 […]

Santa Rosa homebuilding stays strong

Santa Rosa homebuilding stays strong

The demand for new single-family homes is being answered by Santa Rosa County builders who are off and running toward a third straight year of constructing more than 1,000 houses. Read the full article in the April 6 issue of Navarre Press. Subscribe online at navarrepress.com for as little at $38 per year.

Pace of tourism growth slows

Pace of tourism growth slows

The rate of Santa Rosa County tourism tax collections, while still on the rise from recent years, has slowed a bit during the past four months and caught the eye of area leisure industry leaders. Although the county’s share of lodging receipts, the so-called bed tax, totaled about $93,000 in February, the latest figures available, […]

Latest Santa Rosa jobs numbers strong

Latest Santa Rosa jobs numbers strong

  The August jobs numbers released Friday in Tallahassee show continuing momentum for Santa Rosa County, where employment grew by about 500 from the same period a year earlier and the joblessness rate fell to 4.8 percent from 5.7. Santa Rosa’s unemployment rate is well under the 5.7 percent for Florida overall in August, the […]