The Rosemary Beach Real Estate News

Southwest Airline coming to the Panhandle on May 2010

2009-10-22T12:06:00.000-07:00

The St. Joe Company and Southwest Airlines announced a strategic alliance providing for the commencement of air service to Northwest Florida’s new international airport near Panama City Beach, Florida in May 2010.

The Bay County Tourism Development Council, Coastal Vision 300 and the South Walton Tourism Development Council have been working together with local groups to promote the opening of the Northwest Florida International Airport in Panama City.

Southwest Airlines is bringing low fares and excellent service to the Emerald Coast just in time for the 2010 summer vacation season! Southwest’s entry into the Panama City market will make it more accessible and affordable for people in other states to enjoy sugar-white-sand beaches, incredibly gentle blue waters, and an amazing variety of visitor accommodations that Northwest Florida has to offer. You can start booking your tickets on December 2009, there will be eight flights a day to and from four cities with a daily capacity of 2000 passengers. They have not yet announced specific schedules or which cities will be serviced by direct flights.

Bill Owen – Lead Planner in the Schedule Planning Department for Southwest Airlines said “If you’ve never visited the Panama City area, believe me, you have an incredible treat in store. I’m already planning my family’s vacation there next summer.”

Check out www.atthebeachfl.com for pictures and things to do in the South Walton area and www.atthebeachdestin.com for the Destin area.

Panama City Airport Name Not Satisfactory

2009-10-15T09:59:00.000-07:00

There is a great deal of people unhappy with the name of the new airport opening May 2010 in Bay County.

“Several members of the Bay County Commission and the Panama City Beach City Council, along with Mayor Gayle Oberst, have expressed disappointment with the new name for the Panama City airport.”

The members of the Airport Authority may or may not reconsider changing the new name. I hope they do since it will be very confusing to have two airport with the name so similar.

“Greg Donovan, Director of Northwest Florida Regional Airport in Okaloosa County, said he would like the Panama City airport officials to readdress their name.

We have worked over a year in branding. We think it’s poor choice for them to have a name that so closely affiliates with a brand we are doing.”

I will let you know more about this issue on my blog.

Check out our website AtTheBeachDestin.com for more real estate and condo news and AtTheBeachFL.com for real estate on 30A

2009-09-30T14:00:00.000-07:00

Thumbs Up For the Real Estate Market!

Could Good News Be Coming For The Real Estate Market?

I was reading the Realty Times, a newsletter about real estate, and Kenneth R. Harney wrote something I found very interesting that may impact Destin Condo For Sale.

the private mortgage insurance industry, which virtually eliminated low-downpayment financing opportunities in many markets during the past year by declaring them “declining” or “distressed,” has begun reversing course.

Genworth Mortgage Insurance Company last week removed 63 of its 68 previous designations of “declining markets.” That should open up non-FHA cash-out refinancings and low-downpayment home purchase mortgages to thousands of people who’d been squeezed out under the old rules.

I have a couple of my banker friends looking into what, if any, impact this will have on Destin Condos For Sale and will post what I find out soon. For more information give us a call or text us at 850-217-7618.

You can also find out more about Rosemary Foreclosures and Short Sales by going to the At The Beach Rosemary website and the At The Beach FL for information about South Walton County Condo Foreclosures and Short Sales. Also be on the lookout for At The Beach Panama City which should be up and running soon!

Panama City Bay County International Airport

2009-09-17T09:53:00.001-07:00

Panama City Bay County International Airport has been under construction since January 2008. This is the first airport built in the United States since 9/11. Northwest Florida is expecting the grand opening in late May 2010!

Airport authorities are brain storming for airport names and will decide on a name on September 22nd, when they meet again. They are asking members of the public for suggestions, email newpfn@gmail.com to present your ideas to the Board members.

The Panama City – Bay County International Airport Authority is going to have some of the latest equipment in security technology called The Checked Baggage Inspection System. This equipment is designed to enhance screening capabilities and airport safety and also facilitate customer service.

For more information about the new airport and the new baggage screening equipment go to http://newpcairport.com/

Rosemary Beach Real Estate Report Q1 2009 Homes

2009-04-04T12:21:00.000-07:00

This 5 Bed 3,034 sq.ft. House is For Sale As A Short Sale

Rosemary Beach Real Estate Report for Homes Sold in Quarter 1 of 2009.

So far the story with Rosemary Beach Real Estate with regard to home sold is that there have been no homes sold during the first 3 months of 2009. There are (3)properties listed as "Contingent" which means there has been acceptance of an offer but with contingencies and once the contingencies are settled the status of the contrack will be changed to "Pending" until the sale of the property closes. The(3)Rosemary Beach Homes listed at "Contingent" range in price from $898,000 to $2,695,000. We won't know the actual sold price until the property closes.

Rosemary Beach Homes For Sale (as of 4/4/2009)

There are currently (96) Rosemary Beach Homes For Sale and with no sales over the first three months of the year and (3) "Contingent" contract writen it is safe to say that there is a bit of a log jamb in the Rosemary Beach Real Estate Homes For Sale market. Because of this I would expect the number of Rosemary Beach Foreclosures and Short Sales to increase throughout the year and prices to drop. Lets take a look at the Rosemary Beach Homes For Sale market.

Total Number of Rosemary Beach Homes For Sale: 96
Highest Price Rosemary Beach Home For Sale: $5,999,999
Lowest Price Rosemary Beach Home For Sale: $499,000
Average Price Rosemary Beach Home For Sale: $1,893,133
Average Price Per Sq. Ft. for a Rosemary Beach Home For Sale: $692
Average Number of Days On Market for a Rosemary Beach Home For Sale: 363
Total Number of Rosemary Beach Home Foreclosures and Short Sales: 7

Check out all the great Rosemary Beach Real Estate Deals at AtTheBeachFL.com. Also search all the Rosemary Beach Foreclosures and Short Sales.

Also if you don't want miss out on any more new Rosemary Beach Foreclosures and Short Sales simply click here for our Rosemary Beach Foreclosures and Short Sale Alert and we will email you all Rosemary Beach Foreclosures and Short Sales as soon a they come on the market!

Rosemary Beach Real Estate Condo Report - Q1, 2009

2009-04-04T11:38:00.000-07:00

Check out this 2 bedroom unit at The Lofts West listed as a Short Sale

Rosemary Beach Real Estate Condo Report for the first Quarter of 2009.

Rosemary Beach Real Estate Condos Sold for Q1: 2009

When you look at the sales of Rosemary Beach Condos for the first quarter of 2009 you won't see much. There have been no condos sold in Rosemary Beach in 2009 but two properties show up on the MLS as "Contingent Contracts" meaning that there is a purchase agreement in place but it is contingent on some remaining factor. When the contingency is satisfied the contract will move into "Pending" status and move toward closing. Both properties are located at Rosemary Beach The Lofts West and are 2 bed/2 bath units listed at $474,000 and $475,000. We won't know the actual sales price until they close.

Rosemary Beach Real Estate Condos Currently For Sale (as of 4/4/2009)
While there haven't been any sales of Rosemary Beach Condos I can tell you that there is a good selection of properties currently on the market. There are (44) Rosemary Beach Condos listed for sale ranging in price from $349,000 to a much as $2,525,000. Of the (44) Rosemary Beach Condos for sale (6)of them are either Short Sales or Foreclosures. Lets take a look at how the numbers fall.

Total Number of Rosemary Beach Condos For Sale: 44
Highest Price Rosemary Beach Condo For Sale: $2,525,000
Lowest Price Rosemary Beach Condo For Sale: $349,000
Average Price for a Rosemary Beach Condo For Sale: $920,864
Average Sq.Ft. Price of a Rosemary Beach Condo For Sale: $684
Average Number of Days On Market for a Rosemary Beach Condo For Sale: $645
Total Number of Rosemary Beach Condo Foreclosures or Short Sales: 6

Search all Rosemary Beach Real Estate for sale including Foreclosures and Short Sales at our website: AtTheBeachFl.com on by clicking on any of the links.

Also if you don't want miss out on any more new Rosemary Beach Foreclosures and Short Sales simply click here for our Rosemary Beach Foreclosures and Short Sale Alert and we will email you all Rosemary Beach Foreclosures and Short Sales as soon a they come on the market!

Rosemary Beach Real Estate Report Q1, 2009 Land

2009-04-04T08:24:00.000-07:00

Check out this lot for sale next to the Cabana Pool for $199,900

Rosemary Beach Land Sales for Q1 2009

Well for the first three months of 2009 there isn't a lot to report as it relates to Rosemary Beach Land Sales. I can tell you that there (2) sales. One was a short sale on Johnstown Rd that closed for $194,000 and the other was on Borne Lane and was an "arms length transaction" which means the buyer and seller knew each other and it sold for $292,500.

Rosemary Beach Land For Sale (4/4/2009)

Lets take a look at what is currently for sale with regard to Rosemary Beach Land. There are currently (21)Rosemary Beach Lots For Sale ranging in price from $199,000 to $4,950,000. One lot is listed as a short sale or foreclosure. Here are how the numbers break out:

Total Number of Rosemary Beach Land Lots For Sale: 21
Highest Priced Rosemary Beach Land Lot For Sale: $4,950,000
Lowest Priced Rosemary Beach Land Lot For Sale: $199,000
Average Price for a Rosemary Beach Land Lot For Sale: $731,648
Average Number of Days On Market for a Rosemary Beach Land Lot For Sale:544
Total Number of Rosemary Beach Land Lot Foreclosures or Short Sales: 1

If you would like to seach all Rosemary Beach Land For Sale including Rosemary Beach Foreclosures go to the At The Beach Website at www.atthebeachfl.com

Also if you don't want miss out on any more new Rosemary Beach Foreclosures and Short Sales simply click here for our Rosemary Beach Foreclosures and Short Sale Alert and we will email you all Rosemary Beach Foreclosures and Short Sales as soon a they come on the market!

Rosemary Beach Foreclosures & Short Sales

2009-02-26T19:58:00.000-08:00

Most expensive short sale home in Rosemary Beach Florida Click Here For Details

Rosemary Beach Foreclosures and Short Sales - Houses (as of 2/26/2009)

There are currently 7 houses for sale in Rosemary Beach listed as either foreclosures or short sales ranging in price from $549,900 and $1,995,000. Click on the link to see all the Rosemary Beach Foreclosures and Short Sales.

Most expensive short sale condo in Rosemary Beach Florida Click Here For Details

Rosemary Beach Foreclosures and Short Sales - Condos (as of 2/26/2009)

There are currently 7 condos for sale in Rosemary Beach listed as either foreclosures or short sales ranging in price from $349,900 and $1,595,000. Click on the link to see all the Rosemary Beach Foreclosures and Short Sales.

Only Rosemary Beach Land Short Sale: Click Here For Details

Rosemary Beach Foreclosures and Short Sales - Vacant Land (as of 2/26/2009)

There are currently 1 vacant land parcel for sale in Rosemary Beach listed as either foreclosures or short sales for $345,000. Click on the link to see all the Rosemary Beach Foreclosures and Short Sales.

Rosemary Beach Fl Land Sales At A Glance

2008-12-18T12:22:00.000-08:00

This report was taken December 18, 2008*
A year end report will be published in Jan.

Investing in Land At The Beach - especially in Rosemary Beach Florida - can be a great way to get in on the ideal spot for a second home or vacation getaway at a fraction of the cost. But you have to be careful because real estate values can ebb and flow dramatically as we have seen both nationally and locally right now and that makes it even more important for investors in Rosemary Beach Florida real estate to be aware of what is occuring in Rosemary Beach Florida real estate. So here we go:

Vacant Land For Sale In Rosemary Beach Florida

Total Number of Vacant Land Lots For Sale: 18
Low Price: $ 195,000
High Price: $ 4,950,000
Average Price: $ 941,150
Average $/Acre Price: $1,968,254.04
Average Days On Market: 543

Vacant Vacant Land Lots Sold in Rosemary Beach Florida

Total Number Of Vacant Land Lots Sold (YTD): 3
Low Price: $190,000
High Price: $3,500,000
Average Price: $1,305,967
Average Days On Market: 508

Total Number Of Vacant Land Sales (Last 30 Days (11/18/2008): 0

Rosemary Beach Fl Condo Sales At A Glance

2008-12-18T11:53:00.001-08:00

This report was taken December 18, 2008
* A year end report will be published in Jan.

To be a successful real estate investor you must know your market. The talk both nationally and locally about the tough real estate market that we are expirencing right now makes it even more important for investors in Rosemary Beach Florida real estate to be aware of what is occuring in Rosemary Beach Florida. So here we go:

Condos For Sale In Rosemary Beach Florida

Total Number of Condos For Sale: 47
Low Price: $ 399,000
High Price: $ 2,525,000
Average Price: $ 936,232
Average Sq.ft. Price: $733
Average Days On Market: 660

Condos Sold in Rosemary Beach Florida

Total Number Of Condos Sold (YTD): 2
Low Price: $417,000
High Price: $461,500
Average Price: $439,250
Average Sq.ft. Price: $434Average Days On Market: 416

Total Number Of Condos Sold (Last 30 Days (11/18/2008): 0

Rosemary Beach FL Home Sales At A Glance

2008-12-18T09:31:00.000-08:00

This report was taken December 18, 2008

* A year end report will be published in Jan.

It's been said that "All real estate is local" and with all the talk both nationally and locally about the tough market that we are expirencing right now I believe it's even more important then ever for buyers and sellers of Rosemary Beach real estate to be aware of what is happening specifically in Rosemary Beach Florida. So here we go:

Homes For Sale In Rosemary Beach Florida

Total Number of Homes For Sale: 93
Low Price: $ 549,999
High Price: $ 5,999,999
Average Price: $ 1,957,624
Average Sq.ft. Price: $724.26
Average Days On Market: 303

Homes Sold in Rosemary Beach Florida

Total Number Of Homes Sold (YTD): 12
Low Price: $360,000
High Price: $3,400,000
Average Price: $1,638,167
Average Sq.ft. Price: $680.00
Average Days On Market: 366

Total Number Of Homes Sold (Last 30 Days (11/18/2008): 1

Low Price: $960,000
High Price: $960,000
Average Price: $960,000

Average Sq.ft. Price: $355.42
Average Days On Market: 88

Most Expensive Rosemary Beach House

2008-12-18T09:22:00.000-08:00

Photo above shows most expensive house in Rosemary Beach Florida

As we start 2009 I thought it might be interesting to take a look at the most expensive house for sale in Rosemary Beach Florida ($5,999,999)and then the least expensive house in Rosemary Beach. So here they are and if you have a question or want to comment on them please do so.

Photo above shows the coach house for a new construction home which is currenty the lowest priced home in Rosemary Beach Florida. Note it is a short sale - for more informaton about Rosemary Beach Short Sales and Foreclosures go to the At The Beach website.

Also check out these links for other great South Walton County Florida communities:

Most Expensive Sandestin Home (and least expensive)
Most Expensive Grayton Beach Home (and least expensive)
Most Expensive Santa Rosa Beach Florida Home (and least expensive)
Most Expensive Watercolor Beach Home (and least expensive)
Most Expensive Seaside Florida Home (and least expensive)
Most Expensive Watersound Home (and least expensive)
Most Expensive Alys Beach Home (and least expensive)
Most Expensive Seacrest Beach Home (and least expensive)
Most Expensive Rosemary Beach Home (and least expensive)