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Category Archives: Destin market conditions

Good News for Housing Market according to CoreLogic

There was good news for the housing sector, as CoreLogic reported that home prices rose by 0.4% in December, from November, and was the tenth monthly gain. In the year ended in December, prices rose by 8.3%, the largest increase since May of 2006. But news from the Congressional Budget Office (CBO) wasn’t as pretty […]

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New Mortgage Rules for 2013

By Les Christie @CNNMoney January 10, 2013: 11:33 AM ET Federal officials unveiled new mortgage rules on Thursday meant to reduce risky lending and make it easier for borrowers to know exactly what they are getting into. The aim of one rule is to keep lenders from issuing loans to borrowers who can’t afford to […]

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Fannie and Freddie Halt Foreclosures for the Holidays

NEW YORK (CNNMoney) — Homeowners facing foreclosure just received an early Christmas present: They won’t be evicted from their homes over the holidays. Mortgage giants, Freddie Mac (FMCC, Fortune 500) and Fannie Mae (FNMA, Fortune 500), announced Monday that they will suspend all bank repossessions beginning December 17 and December 19, respectively, and will not […]

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Home prices: Biggest rise in more than 2 years

Home prices are up for the 2nd straight quarter, the biggest year-over-year increase in more than two years. NEW YORK (CNNMoney) — In another sign of a housing market rebound, home prices posted the biggest percentage gain in more than two years in the third quarter, according to the closely followed S&P/Case-Shiller index. The 3.6% […]

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Destin Real Estate Update

Supply is Down Demand is up inventory is at a 6.5 year low

Record low interest rates

WASHINGTON – Nov. 16, 2012 – Average U.S. rates on fixed mortgages fell to fresh record lows this week, a trend that has helped the housing market start to recover this year. Mortgage buyer Freddie Mac says that the average rate on the 30-year loan dipped to 3.34 percent, the lowest on records dating back […]

Warren Buffett on CNBC: I’d Buy Up ‘A Couple Hundred Thousand’ Single-Family Homes If I Could

Our market has bottomed and is moving in an upward trend with increasing demand and decreasing supply. The local market trends are surprising to many, when you get a real look at what has happen over the last 12 months. When we review the market we will give you a detailed look at the market […]

Now is the time to invest in Destin Real Estate

Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC’s “Squawk Box” recently that he’d “buy up a couple hundred thousand” single-family homes if it was practical. Housing market forcast  

Destin Area major jump in rentals – Bed tax collection

Destin and walton county saw a higher than expected. Collections were up 11.95 percent in Okaloosa County and 42.64 percent in Walton County.Between July and November, Walton County’s bed tax collections are up 52.3  percent compared to the same five months in 2010. It is an amazing rebound and shows that there is future potential […]

Destin Real Estate Market

CNN Money listed Destin Florida Real Estate Market as one of the best areas for home value increases full article here. The market has been showing a decrease in available properties over the last 6 months and the trend looks to be continuing into the new year.


REI Real Estate Offices

  • Destin and Miramar Beach, FL Real Estate Office
    Destin and Miramar Beach Office
    4399 Commons Dr. E #100–B
    Destin, FL 32541


  • Highway 30A, Grayton Beach Real Estate Office
    30A and Grayton Beach Office
    1414 Co. Hwy 283 South Suite D
    Santa Rosa Beach, FL 32459


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