Emerald Coast Real Estate Blog

41st Annual Destin Seafood Festival Coming in October!

41st Annual Destin Seafood Festival
Friday, October 4th to Sunday, October 6th
Hours of Operation:
Friday - 4:00 pm - 10:00 pm
Saturday - 10:00 am - 10:00 pm
Sunday - 11:00 am - 4:00 pm

Come join us for this Family-Friendly FREE event
with over 100 vendors, Live Music, Kids Fun Zones with a Petting Zoo, Pony Rides & more!

Click here to find out where to park, taking the shuttle and More!


12th Annual Baytowne Beer Festival Coming Soon!

12th Annual Baytowne Beer Fest at Sandestin

October 11th & October 12th
at the Baytowne Wharf

Featuring over 200 Domestic & International Beers

Time to put your taste to the test & find your new favorite craft beer!

Enjoy live music, join us at the VIP Event with beer tastings and great food!

To find out more click here!


Federal Reserve Lowers Rates

*NAHB - by Robert Dietz - Sept. 18, 2019

Fed Lowers Rates in September

The Federal Reserve reduced the key, short-term federal funds rate by 25 basis points to a top rate of 2% at the conclusion of its September Federal Open Market Committee (FOMC) meeting. This was the second cut in 2019, partially reversing a set of increases enacted in 2018. The more dovish stance of the Fed is good for housing and home building, as forecasts for slow growth continue to be a headwind for additional construction growth.

The Fed also reduced the interest rate it pays on bank reserves. This was a technical move aimed to improve the ability of the Fed to target the federal funds rate in markets. The Fed’s ability to manage this rate weakened this week due a number of liquidity concerns. The Fed posses the tools to increase its efficiency in this area, but such short-term interest rates bear watching in the coming months.

There was notable disagreement among the members of the FOMC. Three Fed regional presidents voted no on today’s move, with two arguing for no rate reduction and one a supporter of a more aggressive 50 basis point reduction. This disagreement, in opposite policymaking directions, is reflective of the greater amount of economic uncertainty that currently exists. These three dissents were the highest number since 2014.

Despite the uncertainty, the Fed’s economic outlook remained relatively unchanged. The Fed characterized the labor market as “strong,” with economic activity rising at a “moderate” rate. This mirrors the home building...

4 Things NOT to Do When Putting Your Home on the Market

*Posted on December 29, 2016 - 10:27 am by Zoe Elsenberg on Housecall

4 Things NOT to Do When Putting Your Home on the Market

Editor's Note: This post was originally published on December 29, 2016. Housecall continues to share this piece due to ongoing requests and reader interest.

So you've decided to put your home on the market. Congratulations! Hopefully, you've brought a rockin' REALTOR® on board to help you list your spot, and together you've done your due diligence on what to ask for. As you start checking things off your to-do list, it's also important to pay mind of what not to do. Below are a handful of things to get you started.

Don't over-improve

As you ready your home for sale, you may realize you will get a great return on your investment if you make a couple of changes. Updating the appliances or replacing that cracked cabinet in the bathroom are all great ideas. However, it's important not to over-improve, or make improvements that are hyper-specific to your tastes. For example, not everyone wants a pimped out finished basement equipped...

Start Preparing Your Home for Fall & Winter Now!

**Portions of this Article from Reader's Digest - https://www.rd.com/home/improvement/prepare-your-home-for-fall-and-winter/**

Now that the kids are back in school, the last Summer Holiday has passed, it's time to start thinking about getting your home ready for what the Fall & Winter could bring.

  1. Make sure your gutters are cleaned out
    Remove leaves & any other debris that has fallen into your gutters throughout the Spring & Summer.  If you live in cold weather climates any weight of snow puts undue pressure on your gutters.  They could break away from your home and your gutters wouldn't work properly in the future.
  2. Clean the Fireplace & Chimney
    Clean out all ash and charred wood from the fireplace, but if it has been awhile since you had the flue cleaned out you'll need to call a professional who'll know the best way to clean it and check the damper.  If soot builds up in the chimney it could possibly cause a fire in your home.
  3. Check out your heating system
    If it's been awhile, make sure you change out the filters, check all heating vents to make sure they're clear and not blocked or covered to help your heating be at it's best in the most important...

Juana's 2nd Annual Open Water Swim this Sunday on Navarre Beach!

Juana's 2nd Annual
Open Water Swim

Sunday, September 22nd @ 10:00 am

This is a one mile distance marked course in the Santa Rosa Sound just off of the beach at Juana's Pagoda's

Helping to raise funds to support Navarre High School's Swim Team!

$40 Registration includes Breakfast & Souvenir Towel.

Click here to learn more!


Why You Need to Update Your Home Before Listing it

**Posted on September 4, 2019 - 1:19 pm by Housecall**
By Anica Oaks

A home purchase is often the biggest investment a person will make in their life. When the time comes to sell your house, you want to get the best price possible. If you explore one of the many real estate sites online, you'll notice that many homeowners make a point of updating their homes before selling.

Here are a few of the many reasons why people modernize their homes before listing them:

New Buyers Don't Want to Immediately Remodel

Major remodels can create a state of chaos in a home that most new homebuyers would rather avoid. Additionally, the costs involved in buying a new home, moving and settling a family into a new space can be significant. They may not be able to do the remodeling projects that are needed for a significant period of time. Buyers will look more favorably upon and be willing to shell out more cash for a home that already has many improvements taken care of.

Strategic Updates Attract More Buyers

Individuals who are considering putting their homes on the market should understand that real estate agents do a great deal of marketing online and through social media. A good visual impression of your home will spark interest in more buyers. An updated kitchen or bathroom, fresh paint throughout the house and new flooring all provide good visual impact that will draw buyers to your listing. Choices...

30-Year Mortgage Rate Declined in August

BY  on  on Eyeonhousing.org

For the eighth straight month, information compiled by Freddie Mac shows that mortgage rates continued to decline. As of August 2019, the 30-year FRM – Commitment rate, fell by 15 basis points to 3.62 percent from 3.77 percent in July. The cycle peak was 4.87 percent in November.

According to the July 2019 Federal Open Market Committee meeting statement, as expected, the Fed voted for a quarter-point cut in target federal funds rate to a range of 2.00-2.25 percent. This move was a result of growing global uncertainty for the economic outlook...