destin realtor
DESTIN HOTSHEET-todays brand new listings | DESTIN SOLD-in last month | DESTIN PENDING-under contract
MLS Search | The Wired Buyer | The Wired Seller | About Destin | Local Market Pulse | Destin Links
Destin Market Pulse

DESTIN, FL, February 21, 2006 -- Our beach restoration project has finally begun. White sand is sucked into the dredge barge just outside of the Destin pass and then blown up on beach via a series of very large pipes. The effort began in front of Sandestin resort and will continue 7 miles west until it reaches Henderson State Park.

City council is also voting on allowing beachfront property owners the right to set up protective sea walls to try and keep the sand in place in the event of any more storms.

But how is the real estate market? We are still in a buyer's market. Sellers are reducing to realistic and bargain level pricing. We are seeing alot of movement in the bottom levels in the Destin market. The lowest priced single family home in Destin today is $239K for a 2/2.

Last month Legendary Developer's visionary Peter Bos held a large "state of Destin real estate" presentation at the Okaloosa Island convention center. He urged local realtors to convince their clients to hold onto their property if at all possible if they were considering selling. He believes that with the development of the new Harbor Walk will come increased property value for all Destin homeowners. He is responsible for the successful developments of Regatta Bay, Sandestin and The Commons Shopping Mall. Although he is shrouded in controversy from conservatives who do not wish to see any further development, he is a true visionary and I tend to agree with him- at least about Destin property continuing to gain value over the next few years.

Kerry McNulty,
The Wired Agent

Previous Market Pulse articles:
Jan 3, 2006
Oct. 10, 2005
Sept. 16, 2005


Copyright © 2006 TheWiredAgent.com -- ALL RIGHTS RESERVED.