Latitude Resort Properties 30 Degrees Blog

 

WaterColor is often considered St. Joe’s flagship development; however, just five miles east, on the south side of Scenic Hwy 30A, its sister development WaterSound Beach can be found. With its award–winning, Nantucket-inspired architecture and postcard views along the pristine mile-long beachfront,  WaterSound Beach has quickly become another popular South Walton County development in its own right. 
Located on the eastern end of 30A, this 256-acre community - which was designed to make the most of the natural surroundings, including the impressive dune lakes - has recently begun to experience an increase in real estate sales. In fact, things are going so well, that at the end of May, the final phase of WaterSound Beach, Gulfview at WaterSound, was…
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With it’s town-center master plan, award–winning architecture and family friendly amenities, WaterColor is among the most popular developments in South Walton County. 

Located in the heart of 30A, the 499 acre community, which began development by The St. Joe Co. in 2000, is experiencing a strong increase in sales, and a related decrease in inventory.  In our opinion, when a leading development exhibits a trend such as WaterColor has, it is surely a sign that Northwest Florida’s real estate market is turning a corner.

If you are considering buying or selling in the 30A area, check out these recent WaterColor statistics:

When WaterColor is fully built out, it will include 1,140 residences.  There are approximately 611 existing homes that have

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Low rates and high inventory level out to one thing: investors looking to purchase property have an opportunity that hasn’t been seen in years, if not decades.

According to Freddie Mac’s Weekly Primary Mortgage Market Survey, found at http://www.freddiemac.com/pmms, rates dipped again last week for the fifth week in a row. A 30-year fixed mortgage is 3.75 percent. Compared to 3.78 last week and 4.60 percent last year. This new figure represents a substantial savings for potential homeowners.

Rates have been below the 4-percent mark since December, and this new 30-year fixed rate is the lowest since long-term mortgages began in the 1950s.

The weekly decline, as many analysts and experts say, is in great part due to the result of Europe’s unstable

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This Spring, the real estate market along Scenic Highway 30A, home to upscale planned communities such as WaterColor, WaterSound, Seaside, Rosemary Beach and Alys Beach, has been heating up.

Following are some interesting sales statistics covering a 30-day period, ending on May 22, that Latitude Resort Properties recently complied from the Emerald Coast Association of Realtors Multiple Listing Service. If you are looking to buy, or considering selling, this data can be quite useful.

Highway 30A Homes: Homes sold = 59 Low price = $140,000 High price = $2,850,000 Average price = $658,023 Average price per square foot = $276 Average days on market = 212 Homes on average sold for 6.9 percent less than the asking price. Currently there…
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How low can you go? Mortgage rates hit new records … again

Another week and another announcement from Freddie Mac stating fixed mortgage rates have hit the lowest level since the mortgage capital lending giant began tracking rates since 1971. 

Taking a quick look at the May 17 findings of the company’s Weekly Primary Mortgage Market Survey, the average rate for 30-year fixed mortgages is at 3.79 percent, down from 3.83 percent last week. And 15-year fixed mortgages took a slight dip to 3.04 percent from 3.05 percent last week.   This dip is, undoubtedly, a reaction to the instability of the Euro zone debt crisis, according to Freddie Mac, as well as other analysts. Many individual investors see this series of lows as the height of opportunity…
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How low can you go? That’s always the goal when researching mortgage rates for a new-home purchase. And for those considering buying a home in the immediate future, today brought encouraging news that is encouraging by any measure: 30-year rates hit a record low, according to a report by Freddie Mac.

CNN Money just published a story about the announcement, with a related article listing six ways to get a great mortgage deal. http://money.cnn.com/2012/05/03/real_estate/mortgage-rates/index.htm

With some experts reporting Florida’s real estate market has reached it’s bottom, (and we have seen some evidence of this possibility in our area) and these new rates, now could be the pivotal and perfect time to consider investing in Emerald Coast real estate. 



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This Spring, the real estate market along Scenic Highway 30A, home to upscale planned communities such as WaterColor, Seaside, Rosemary Beach and Alys Beach, has been heating up.

Following are some interesting sales statistics covering a 30-day period, ending on April 24th, that Latitude Resort Properties recently compiled from the Emerald Coast Association of Realtors Multiple Listing Service. If you are looking to buy, or considering selling, this data can be quite useful, especially when understanding that the inventory for homes for sale, condos for sale, and lots for sale are decreasing while demand is increasing.

Scenic Highway 30A Homes:

Homes sold = 46 Low price = $140,000 High price = $3,500,000 Average price = $844,177 Average…
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  Once considered a best-kept secret among avid beach seekers, the Emerald Coast has come into its own during the past decade with unprecedented growth and development. Okaloosa and Walton counties continue to provide a picture-perfect location for sun- and surf-soaked getaways, but now the area also offers a viable community for fulltime residents.  

Northwest Florida leaders and visionaries understand a major factor in any area’s success is fully meeting residents’ needs, including those with specialized requirements such as children with autism.

It is well documented that across the nation, autism-spectrum diagnoses are trending upward at an alarming rate. With an estimated one in 88 children struggling with the developmental disorder, the

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As winter quickly gives way to spring on the Emerald Coast, the real estate market along Scenic Highway 30A, home to upscale planned communities such as WaterColor, Seaside, Rosemary Beach and Alys Beach, is seriously heating up.

Following are some interesting sales statistics covering a 30-day period, ending on March 17, that Latitude Resort Properties recently compiled from the Emerald Coast Association of Realtors Multiple Listing Service. If you are looking to buy, or considering selling, this data can be quite useful, especially when looking at the selling prices and the current inventory.

Scenic Highway 30A Homes:
Homes sold = 35
Low price = $175,000
High price = $4,200,000
Average price = $1,056,476
Average price per square foot = $377

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Join us as we raise a glass (and a paddle) to a great time and a good cause with the Destin Charity Wine Auction Foundation this spring. 

Held on Saturday, April 28 at Sandestin Golf & Beach Resort’s Linkside Events Center, the locally based nonprofit’s annual event, aptly named The Wine Party for 2012, celebrates its 500 patrons’ passion for food and wine, while raising funds for 11 charities that benefit children in need.

The day starts with an outdoor walkabout, featuring several of the area’s top restaurants and more than 20 notable vintners (not a bad way to spend a spring afternoon on the Emerald Coast, to be sure). The event then moves indoors for an action-packed auction. Part party, part bidding showdown, luxurious vacation packages to

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