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florida: Absorption Rate - What is it? - 04/30/12 06:38 AM
Why is an absorption rate important?  It tracks the number of weeks that the current inventory will take to sell provided that sales are continuing at the same rate as last month.
Here in Walton County and along the 30A Corridor, condos that are south of the corridor or closest to the beach area have only a 22 week supply left.  Why is this important?  Buyers need to keep an eye on this number because anything less than 26 weeks is an indicator that the market is beginning to shift.  Once inventory is absorbed in any particular area or product type … (1 comments)

florida: Florida Panhandle Foreclosures - 04/10/12 08:16 AM
1st Quarter Florida PanhandleResidential Property Pre-Foreclousre Filings
… (0 comments)

florida: Seaside Half Marathon - 03/05/12 07:50 AM
Seaside, FL has an awesome turnout for its 10th annual Seaside Half Marathon this past weekend.  Although I do not participate, I do have a bird's eye view of the racers from my 4th story condo.  My dog Dolly who viewed the race for the first time in her life loved it too.

Dolly watching the runners in the 10th Annual Seaside half marathon.
There were 3,700 runners and 300 volunteers this year.  This is the maximum amount of runners allowed for this race.  The race begins at Seaside and the turnaround point is Gulf Place along the 30A corridor.  … (0 comments)

florida: Mortgage Market Update - 02/27/12 06:57 AM
<!--StartFragment--> Market Update Week Ending February 24, 2012
The Greek bailout package was passed on Monday as expected, and there was little reaction in US markets. Mixed US economic data also had little influence. Strong Treasury auctions were the biggest factor for mortgage rates this week, and rates ended the week a little lower.
Investors are beginning to focus on the price of oil. Concerns about Iran have pushed oil prices up to the highest level in nine months. Higher energy prices are bad for consumers and the economy. Since higher oil prices have two opposite effects on inflation, though, the … (0 comments)

florida: Median Home Prices - 02/09/12 09:28 AM
 
Emerald Coast
Http://wwwKellyKleinSoldMine.com
Kelly Klein, Lifeguard Real Estate, Inc
Broker / Owner / Sales/ Buyer's Representative
… (1 comments)

florida: Article 10 Code of Ethics - 01/30/12 10:50 AM
I locally teach Fair Housing Rules to newREALTORS©.  It is a subject near and dear to me.  It is always worth reviewing these rules as written and amended on January 1, 2011.
REALTORS© shall not deny equal professional services to any person for reasons of race, color, religion, sex, handicap, familial status, national origin, or sexual orientation.  REALTORS© shall not be parties to any plan or agreement to discriminate against a person or persons on the basis of race, color, religion, sex, handicap, familial status, national origin or sexual orientation.

Kelly Klein, Lifeguard Real Estate, Inc.  Broker / Owner
… (3 comments)

florida: Bay County Florida ~ Ends Year with Sales UP - 01/12/12 11:18 AM
What a great way to end the year.  Bay County Florida is home to Tyndall Airforce Base located in Panama City Beach, FL.  Sales Trends are showing signs of growth.
Total Single Family Homes were up 16.62% for the year over last year's numbers.
Condo Sales were way up with an increase of 23.68% for the year.
Lot Sales were up slightly at 3.78%.
The best news is that the number of foreclosures are dropping significantly and were down 39.44% for the year over last year.
With inventory depleting, rising prices will surely follow. 
I work exclusidvely for buyers like yourself … (1 comments)

florida: Okaloosa County, FL ~ December 2011 Sales Activity - 01/11/12 08:59 AM
More good news along the Panhandle.

Okaloosa covers cities like Ft. Walton Beach, Crestview, Niceville, and Destin, FL.
In the month of December Total Single Family Home sales were up 16.83% over December 2011.  For the year, Home Sales were up by 20,56% for the year.  To top this news, NEW HOME SALES were up 41.48% for the year and this is great news for our local economy.  Home building and related services feed the employment numbers in the County.
In the condo/townhome category for the month of December sales were slightly down by 6.19% as compared with December of … (2 comments)

florida: Water's Edge - 11/16/11 08:27 AM
Water's Edge is my featured complex today.  Located at 520 Santa Rosa Blvd. in Ft. Walton Beach, FL 32548.
It has 6 floors and 106 units.  There are 40 one bedroom units, 42 two bedroom units and 24 3 bedroom units.  There is covered and non-covered parking available.  Today there are a total of 14 active listings in this complex.  Two are one bedroom units, 5 are two bedroom units and the rest are 3 bedroom units.  Listing prices range from $211,900 to a high of $525,000.
The complex is directly on the Gulf of Mexico with 410 feet of dedicated … (1 comments)

florida: Does College Football put a Slow Down on your Saturdays? - 10/30/11 06:58 AM
I am wondering if the college football season affects your business at all.  I notice that on Saturdays when college football is on, my phone is not ringing.  Funny, it doesn't happen during NFL football on Sundays, just quieter on Saturdays.  Tell me, did you watch football yesterday?  I hope your team won.
I grew up in Toledo, Ohio and Adrian, Michigan was just up the highway so I grew up loving to go to Adrian, Michigan for the University of Michigan games.  I did not graduate from this school, but sure wish that I did.  My friends in Ohio all … (3 comments)

florida: What do I love about Destin? EVERYTHING - 10/20/11 10:11 AM
My photos tell it all.  It is just so beautiful here.  Fall delights us with butterflys, dolphins, and beautful sunsets.  Nuff said.



 
… (4 comments)

florida: Mortgage Rates Drop Again - 08/19/11 02:56 PM
30 Year Mortgage Rates are the Lowest Since 1971.
Feds to keep rates low to help spur the economy.  Never a better time to buy.  In 2000, rates hit 8%.
I remember buying my first home at 14.5%.  Home buyers today can buy a whole lot more home if they qualify.  You must have good credit, still come up with a down payment, and steady employment.
If you are looking to buy, I can help.  I work strictly as a Buyer's Representative and can help you with your first, second, or third purchase.  Why only buy one at these rates?
Kelly … (2 comments)

florida: June Sales Report for the Emerald Coast Association - 07/01/11 09:29 AM
 

Kelly Klein, Lifeguard Real Estate, Inc.
Http://www.KellyKleinSoldMine.com 
ABR®, AHWD, Broker/Owner, CIPS, CRS, e-Pro, GREEN, LMC, PMN, RSPS, SFR, TRC, REALTOR®
Join my blog at www.kleinsoldmine.com    Download the new, free iPhone app
… (3 comments)

florida: Real Estate Taxes in the Panhandle - 05/21/11 10:53 AM
Here is a four county comparison of real estate taxes.  Walton County continues to offer purchasers lower taxes.
Taxes on Real Estate in the Panhandle
 
$200,000 x .0138663 = $2,773.26  SANTA ROSA COUNTY EXAMPLE ON $200,000
 
$200,000 x .0109739 = $2,194.78 OKALOOSA COUNTY EXAMPLE ON $200,000
 
$200,000 x .009645 = $1,929.00 WALTON COUNTY EXAMPLE ON $200,000
 
$200,000 X 0.112418 = $2,248.36  PANAMA CITY BEACH, FL BAY COUNTY EXAMPLE
… (1 comments)

florida: Tornado Preparedness - 04/28/11 03:21 PM
Tornadoes
The recent tornado outbreak has affected a lot of lives.  People in the hardest hit states are still in a search and rescue plan.  Power outages and homes and business have been destroyed.   May and June are normally the peak months for tornadoes.  This most recent activity may very well exceed the 1974 outbreak when we had 148 tornadoes with 300 lives lost in a 13 state wide path.
Tornado Facts are below:
Average number of tornadoes per year (1950-2004): 910State with highest number of tornadoes per year (1950-1994): Texas (avg. 125) Top 5 states with highest incidence of tornadoes … (1 comments)

florida: FREE iPhone APP - 04/14/11 09:36 AM
Introducing to users is my newest tool of the trade.  If you are an iPhone owner, please download my free APP by doing a search using my name.  Kelly Klein
Enjoy looking at properties along the Panhandle while still being mobile. 
The Android OS system will soon be out.  I will announce this as well as soon as it is ready.
Enjoy your day! 
Below is a photo from our State's Capitol in Tallahassee, FL.  Dolphins represent our area well.
Warmly yours,
Kelly Klein, Lifeguard Real Estate, Inc.
850-420-2480
Destin, Sandestin, Miramar Beach, Santa Rosa Beach, Blue Mountain Beach, Dune Allen … (4 comments)

florida: Panama City Beach - 03/29/11 02:38 PM
Spring Break brought a ton of visitors to the area.  Spring Break weekend of March 19th was 100% occupancy at the beach.  The clubs and restaurants, the grocery stores and WalMart were all over capacity with people and running low on supplies.  Traffic was nearly at a stand still on Front Beach Rd. as I tried to show Gulf Front Condos.  I went about 3 miles in 1 hour and was entertained along the way.  Why so busy?  Spring Breakers love Panama City Beach and why not?  Our beautiful white sandy beaches are among the best in the world.  The temperatures … (2 comments)

florida: Activity at the Emerald Coast - 03/21/11 02:21 PM
There are currently 6,595 properties available for sale in the Emerald Coast Association of Realtors MLS system.
There are 1,692 properties currently under contract waiting for a closing.
There have been 2,743 sales in the last six months.  21 of these sales were foreclosures which is less than 1% of all sales.  582 of the total sales were short sales or 21% of all sales were short sales that successfully closed.  The majority of the sales were well priced properties with a motivated seller and a qualified buyer.
There is still plenty of inventory and buyers are flooding the market again … (0 comments)

florida: Panama City Beach February Gulf Front Condo Report - 03/10/11 10:08 AM
I just looked at how many Gulf Front condos are for sale today in Panama City Beach, FL.
I found out that there are 708 of them.  In the month of February there were 67 sales completed for the month. 
I figured how many weeks of inventory we still have on the market and although the number is large at 45 weeks of inventory, it is a whole lot less than last year at this time.
My guess is that all of the fence sitters better get a move on.  Condo prices are still relatively low matching those prices from April … (1 comments)

florida: What to do? I am late on payments - 03/04/11 10:04 AM
Many times homeowners ask me what should I do, I can't afford to make my home mortgage payments any longer.
First and foremost, pick up the phone and talk to your Mortgage Lender about a possible Modification of your Loan.  Perhaps they can help you through a tough period.
If they cannot help you, then by all means talk to the short sale department at your bank and also your Realtor!  You Realtor can help you determine the fair market price for your home and list it for you for a quick sale.  Short sales take time and the deal is … (1 comments)