No matter what time of year it is, Destin has one of the most beautiful beaches in Florida – but don’t take my word for it – just ask the the US News Travel Guide.
Destin, FL real estate has been attracting buyers not just from around the state, but throughout the country. And who can blame them? Not only does this year-round sunny climate make everyday feel like a vacation, but the friendly people and smiling faces have a way of making visitors feel as welcome as homeowners.
With mortgage interest rates at historic lows and home affordability at historic highs, why wouldn’t everyone jump at the opportunity to buy Destin, FL real estate? Perhaps you’re waiting for prices to go down more? Or perhaps you think interest rates will drop further? I suppose it’s possible – just as it’s possible that we could get snow on Christmas Day. Don’t laugh.
The truth of the matter is, the real estate market in Destin, FL and around the nation have been showing signs of consistent improvement for the past year. Third quarter of 2011 is when things began to pick up, but understandably, it was too soon for anyone to get truly excited about the progress. However, we are now in the fourth quarter of 2012 and this trend of improvement is still continuing.
But what about the “fiscal cliff” you ask?
Without trivializing the impact that renewing/modifying/ending these tax cuts will have, the real estate market will remain cyclical just as it has always been. If Congress makes all the wrong decisions, then yes, it could stall recovery. But send the nation back into another recession? Even if it did, mortgage rates really cannot go any lower, and the increase in home values is due primarily to a lack of inventory, not anything that Congress has done (or will do for that matter).
Long story short, no one can predict the future, but we can make educated decisions based on data and market trends. Based on this information, the “bottom” has come and gone. We are now officially on the road to economic recovery.
If you would like to take advantage of great values and low interest rates while they last, search Destin, FL real estate now.
Kerry Veach is a Destin, FL Realtor and Real Estate Broker with 22 years of experience assisting thousands in the exciting process of buying and/or selling a home. He is a member of the RE/MAX Hall of Fame, the RE/MAX Platinum Club, and the RE/MAX® 100% CLUB. In 2011, he earned the RE/Max Lifetime Achievement Award.
If you would like to buy a home in Destin, FL or sell a home in Destin, FL, contact Kerry Veach. With over 1,000 closings and thousands of satisfied clients, it’s no wonder that 95% of Kerry’s business comes from referrals.