Edgewater condos in Destin Florida

So you’re thinking about taking some money out of your stock portfolio or primary residence, as an equity line, and you’re wondering where to put it? Hmmmmm. Well, I’ll tell you, the panhandle of Florida has become an increasingly attractive investment for people all over the south due to its easy accessibility, relatively affordable real estate (when compared to other parts of coastal Florida), and significant rental potential. Over the last 10 years, I have gained quite a bit of insight into the beach real estate gig, having purchased property myself and having helped clients buy investments and second homes. Throughout my investigations, I have discovered several attributes and factors that will affect whether your condo or

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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

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