Property Values Skyrocket!
Just like everything else, the cost of housing has continued to increase at a rapid rate. The combined elements of low inventory and high demand have fueled this for over two years. In the past year, the U.S. median price has increased around 20%.

Even more noteworthy is the increase in prices since 2000—some prices doubling and some almost tripling! Bear in mind that we suffered through the great housing recession that began in 2008 and lasted for over three years where the average house lost about 30% of its value. So, we have come back from that and really ascended way beyond.

Real Estate Broker Clever analyzed the data since the turn of the century and found some eye-popping facts. Some of America’s largest cities have seen properties almost triple in value. The national average increase in value is 156%. Check out this list:

San Francisco (290% increase)
Los Angeles (280% increase)
Riverside, Calif. (278% increase)
San Diego (275% increase)
San Jose, Calif. (261% increase)
Sacramento, Calif. (237% increase)
Seattle (235% increase)
Tampa, Fla. (223% increase)
Miami (220% increase)
Austin, Texas (209% increase)
Portland, Ore. (207% increase)
Phoenix (206% increase)
Denver (204% increase)

For now, low inventory and high demand keep the values on a rising trajectory—but the rapid increase of interest rates might slow this arc. Let us know if you need any real estate assistance or if you have any questions. We are here for you and continue our motto: Making Real Estate your BEST Investment.
Three-story townhome by the beach!

This wonderful townhome at Legacy on 30A is the perfect beach getaway. On the second floor, you'll find the main living area with kitchen, dining, and a full bath. The third floor houses the spacious master suite and a sleeping nook. The first floor has a third bedroom as well a private guest suite with the full bath leading to the gated courtyard and pool area. Enjoy the serene Gulf views and sea breeze from two separate balconies as you relax and take in the ease of life along 30A watching bicycle riders and dog walkers stroll by. The garage stores a compact vehicle or beach gear. A private elevator makes townhome living easy. Legacy is a gated community with three pools, outdoor restrooms, private beachfront, and is convenient to all the fun along 30A. Paradise!
Stunning views from this Gulf-front penthouse!

Nestled on the edge of paradise you'll find Calypso – a Gulf-front beach resort featuring panoramic views of the Gulf of Mexico. This beautifully updated and furnished penthouse unit boasts serene coastal decor and an open floor plan with views of the Gulf from the living, dining, kitchen, and master suite. Glass sliders lead you to the spacious balcony from both the living area and spacious master suite. A full bunk room allows this unit to live like a three bedroom with a two bedroom price tag! Calypso Resort amenities include two Gulf-front pools, tiki-bar, fitness room, parking garage with walk-over, and close to Pier Park. Calypso has everything needed for the perfect beach experience, making this a fantastic investment opportunity. Paradise!
Stay Updated!

For those of you who closely follow the local real estate market, we just wanted to keep you up to date on the real estate market for Gulf Front, Gulf View, and other foreclosures in our area. Not looking for a foreclosure? Search by price, community, or customize your own search!