buy: April Walton County Florida Sales Activity Report Just Out - 05/08/12 12:13 AM
Total Number of Single Family Homes that have sold in the month of April were 193.  Sales have been brisk.  Out of the 193 homes that have sold, 130 of them were new.  This means that we see a lot of construction activity again and the market is recovering nicely putting a lot of folks back to work.
Total Number of Condos that sold in April were 97.  This is actually slightly down from a year ago.  However, the condo market has been hit hard in the mortgage area.  If you can't pay cash, then it is extremely difficult to finance … (0 comments)

buy: Mortgage Market Update - 02/26/12 10:57 PM
<!--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)

buy: 1031 Tax Exchange - 02/22/12 11:45 PM
1031 investment property is real or personal property held for the proper intent as defined by Internal Revenue Code § 1.1031. 1031 exchanges allow the owner to indefinitely defer the federal and state capital gains and recaptured depreciation taxes triggered when the property is sold and replaced with like-kind property. Taxes are due when the replacement property is sold or deferred in another 1031 exchange.
Proper Intent The proper intent is “property held in a trade, business or investment.” Facts support the proper 1031 investment property intent such as:
hold time rental history minimal personal use history of purchase and sales, … (0 comments)

buy: Buyers have returned - 02/07/12 09:04 AM
In record numbers, I am seeing license plates from the following states:  Texas, Louisiana, Alabama, Georgia, Tennessee, Ontario, Ohio, Minnesota, Michigan, Kentucky and Illinois.  Seems like there are record number of visitors in the area this year.  Why not?  Temperatures have been unseasonally warmer this year and we offer a lot of sunshine most year round.  It has even been more difficult getting a tee time on my favorite golf course, the Santa Rosa Golf course.  It's all good though.  I have shown property for now a full week everyday in a row.  I am also seeing a record number of … (1 comments)

buy: Article 10 Code of Ethics - 01/30/12 02:50 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

buy: Bay County Florida ~ Ends Year with Sales UP - 01/12/12 03:18 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)

buy: Okaloosa County, FL ~ December 2011 Sales Activity - 01/11/12 12:59 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)

buy: Beautiful Last Day of the Year - 12/31/11 02:20 AM
Ah, I couldn't have asked for more.  It is just beautiful here today.  I hope your last day of your year is spent reflecting on all of the good that you had this past year.  We all have so many things to be thankful for.  Even the smallest things, like my fingers that are typing this note right now, or my eyes that are reading this.  Take time to reflect on the good and wish for more good in the year to come.  Happy New Year from Lifeguard Real Estate !

Planes over the Destin Harbor.  Happy NEW YEAR!!!!!!

buy: Water's Edge - 11/16/11 12:27 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)

buy: Walton County Real Estate Sales Activity Report for February 2011 - 03/05/11 02:56 AM
Single Family Home Sales
Sales are up 19.23% over same year-to-date period as compared to sales in 2010
Sales are up 14.75% over same year-to-date period as compared to sales in 2010
Mobile/Manufactured Homes
Sales are up 125% over same year-to-date period as compared to sales in 2010
Residential Lots
Sales are up 18.22% over same year-to-date period as compared to sales in 2010
Commercial and Other Improvements
Sales are up 109% over same year-to-date period as compared to activity in 2010
Total Categories are UP 20.80% in Walton County. 
Walton County includes DeFuniak Springs, Freeport, Santa Rosa Beach, … (0 comments)

buy: Be careful of Mixed Use - 11/17/10 11:42 PM
Mixed Use is the use of real property for more than one use, such as a condominium building that has residential and commercial units both.  It could combine retail, office and residential, or industrial, office and residential.
In Florida, many of the condos are in mixed use buildings.  Although at first this seems like a great idea.  For instance, need lunch?  Just go downstairs to the local sandwich shop.  However, you will soon find that there are wrappers and left over coke cans in your parking lot that you are now picking up and taking care of just to keep your … (3 comments)

buy: Resales are Up - 06/06/09 12:19 AM
Okalossa and Walton County, Florida
Complimentary Report on Market Conditions
by Kelly Klein, Realtor
Red Hot Realty

The May results are in and the month of May show that finally we are seeing a decrease in the number of short sales, but an increase in the total of foreclosures.  This may be a result of short sales that have not sold or closed properly finally falling into the foreclosure category.  
New home sales are pretty much all but gone as new builders have pretty much given up competing against the lower prices and resales.  
Resales however are selling and selling … (7 comments)

Kelly Klein, "Doing Great Things Today to Improve Tomorrow" (Berkshire Hathaway HomeServices | Pen Fed Realty) Rainmaker large

Kelly Klein

"Doing Great Things Today to Improve Tomorrow"

Santa Rosa Beach, FL

More about me…

Berkshire Hathaway HomeServices | Pen Fed Realty

Address: 207 Betty Street, Santa Rosa Beach, FL, 32459

Mobile: (850) 420-2480

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