Summer @ 4.5%

July 23rd, 2010

How time seems to fly when you are having fun. It is hard to believe summertime is coming to a close in these next couple of weeks. Seems not that long ago we were wishing for that warm springtime breeze and now it is time to start gathering up everything needed to go back to school. 

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Though most have Back to School on the brain some are still looking for last minute vacation locations and here along Florida’s Forgotten Coast we have Blue Skys, Sunshine, and  Cool Waters!

Seems some have fallen in love with our little piece of paradise as sales numbered 15 this week. 2 Homes sold in Wewahitchka- home of the Dead Lakes and Tupelo Honey, 1 Lot on Overstreet, 1 Lot and 1 Home in St. Joe Beach, 3 Homes in Mexico Beach, and 1 Home and 6 Lots in Cape San Blas which was voted the #1 Beach in the Continental US in 2002! Of these sales 9 savvy buyers paid CASH!  8 of the sales closed due to Distressed/REO/Short Sale/Foreclosure situations.

Speaking of Vacations,check out this Gulf View home that sold on Cape San Blas for $400,000. With its wide open decks and pleasant setting it looks like its time for a permanent vacation for this lucky buyer!

Cape House

This next buyer invested in FUTURE vacations with this Gulf Front Lot in the up-and-coming Ovation Subdivision located on Cape San Blas for $299,000! Ovation features manicured landscaping as well as paved roads and a commons area for subdivision owners.

Ovation Lot

Interest rates have been stayed firm along Florida’s Forgotten Coast. The 30 Year Fixed is @ 4.5%, the 15 Year Fixed is @ 4%, and the 5/1 ARM comes in @ 6.25%. 

This weekend seems to be pretty quiet but that just gives us all some time to take advantage of our time along Florida’s Forgotten Coast! So as a popular country song states its time to put our “toes in the water, (hinny) in the sand-Not a worry in the world, a cold (pepsi) in my hand. LIFE is GOOD TODAY!!!”

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