News

73% of Homeowners Will Invest in Their Nest This Year

According to a recent survey by LightStream, nearly three in four (73%) of homeowners surveyed plan to make home improvements this year, up a whopping 26% from 2018.

Read more here to find out why homeowners are renovating and upgrading their homes.

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Hwy 87 Expansion in Navarre Finally Finished after almost 17 Years

Year after year, since August 2002, construction on State Road 87 between Hwy 10 & Navarre has been going on.  Finally, after almost 17 years the expansion was completed on July 8th.

With the popularity of Navarre Beach growing, It was necessary to turn this two laned road into something that could accomodate tourists and residents as a possible evacuation route in case of Hurricanes.  That's when the work began.

To read the entire article click here.

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Local school districts shine on state tests

Posted Jun 28, 2019 at 6:56 PM, Updated Jun 28, 2019 at 6:56 PM

Santa Rosa, Okaloosa and Walton counties’ school systems all performed better than average on state testing in English, mathematics, science and social studies, the Florida Department of Education revealed Friday.

In many cases, they scored among the highest of the 67 school districts in the state.

Okaloosa County schools performed fourth best in the state in taking its composite scores on all the tests, reported Steve Horton, a district assistant superintendent.

“It was a year of distractions in Okaloosa County,” Horton said. “When it came down to it,...

New Camp Watercolor is Now Open!

Just in time for the Summer Season! Now one of the expansion projects that have been underway in Watercolor, Camp WaterColor is now Open!

Camp WaterColor includes 3 pools!  The main "Butterfly" Pool includes the "Monarch" Slide!  Staffed with Lifeguards, this is a Heated Pool!

The "Caterpillar" Pool features the "Skipper" Slide, Zero-Entry and includes a Children's Area!  This pool is also heated!

Last but not least is the "Lazy Lizard" Pool!  Featuring a lazy river, Zero-Entry, this pool is great for relaxing as you move through the twists and turns of this popular water feature!

Other features of this new expansion include a new basketball court, playground and the Canteen Restaurant & Bar is open every day!  Serving food and drinks, hours of operation are from 11:00 am to 7:30 pm.

Just another reason to own in the Premium Community of Watercolor!

Photo courtesy of www.watercolorresort.com

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Market Snapshot of May Sales around 30A

This has been a FANTASTIC year for 30A Sales and May wasn't any exception!  With mortgage rates continuing to hold steady and the Summer Season, this is the BEST TIME to buy!  Take a look at these 30A stats below!

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Grayton Beach State Park Ranked in the Top 10 Beach for 2019!

Grayton Beach State Park Ranked in the Top 10 Beaches
for 2019 by Dr. Beach

Everyone who has visited Grayton Beach State Park isn't surprised at the top honors recently given!  Not only is it ranked in the Top 10, it's been ranked as #3!
The Park, with almost 2,000 acres, offers a variety of adventures including fishing, paddling, hiking and biking trails, bird watching, camping and much more!  Stay in one of the cabins and experience all it has to offer!

Click here to see the Top 10 Beaches for 2019 by Dr. Beach!

Click here to visit the Grayton State Park website & make your plans today!

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Florida economy poised for long, positive run

ORLANDO, Fla. – June 11, 2019 – A new report from Wells Fargo Securities indicates economic growth in Florida has continued to outpace the nation so far this year and has evolved to enhance long-run competitiveness.

"Its strong performance is particularly noteworthy given the severity of the Great Recession in Florida, and the considerable adversity the state has faced from devastating hurricanes, citrus greening, constant trade uncertainty and slower global economic growth," says Wells Fargo Senior Economist Mark Vitner.

"We expect economic growth to moderate this year, as the national economy slows," he adds. "Florida is poised to remain one of the nation's fastest-growing states, however, and growth remains remarkably broad-based across industries and geographies."

Florida average hourly wages have increased 2.8% over the year, construction has remained steady, and the housing market has returned to form.

"While moving in the right direction, home sales weakened late last year when mortgage rates spiked," Vitner says. "With sales moderating, homes are sitting on the market slightly longer, which is giving buyers a little more bargaining power. As a result, home prices have cooled, rising 4.6% year-over-year in March, which stands in contrast to the 6.2% rate hit this time last year. Price appreciation has moderated in both higher-priced markets, like Naples and Sarasota, and lower-priced areas, like The Villages, Ocala and Cape Coral."

Source: Sarasota Herald-Tribune (06/10/19) Hielscher, John

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Congress Extends Flood Insurance through September

Congress extends flood insurance through September

 WASHINGTON – June 4, 2019 – The National Flood Insurance Program (NFIP) that millions of people rely on has gotten another temporary extension, as members of Congress renew efforts to work out a long-term proposal.

The NFIP extension through the end of September was tucked into a $19 billion disaster aid package the U.S. House approved in a 354-58 vote Monday evening. It now heads to President Donald Trump, who is expected to sign it.

This is the 12th temporary extension in two years. U.S. Sen. Bill Cassidy has led a bipartisan group of senators in calling for a long-term solution, rather than the piecemeal approach Congress has taken since September 2017, when the last major authorization ended.

"This ridiculous process has created significant uncertainty and anxiety for homeowners, renters, and small business owners in our states," the senators wrote in a joint letter last month.

House and Senate leaders from both parties have expressed optimism about the long-term talks. U.S. House Minority Whip Steve Scalise, R-Jefferson, said he believes a five-year agreement can be hashed out in the coming months before the program faces its next deadline.

In Cassidy's letter, senators called for a broader overhaul that factors in more accurate risk assessments, affordability components, mitigation funding and other improvements, including addressing "repetitive loss properties" through buyouts, elevations and other flood-proofing measures.

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