The Majestic Sun in Destin, Florida

If you’ve been thinking about investing in a second home or rental property, now is the time to pull the trigger. Most economists believe that the real estate market has bottomed and with what appears to be a slow recovery in the works, you may be in for slow but steady price growth over the next several years. For the last 3 to 4 years, beach property has precipitously fallen in price, however, we are starting to see an uptick in, both, demand and price.

Check out these Detached Single Family sales statistics for the Destin and Panama City Beach areas. As you can see, the numbers are encouraging. 2013 is showing greater inventory, more sales, higher sales prices, fewer days

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