1. There is an absolute and finite supply of beachfront property. Of that limited supply The Emerald Coast has some of the nicest beaches in the country. The USA Today and Southern Living Magazine both have recently named the area as having the Best Beaches in the USA.
   
   
2. People have been, and always will be, drawn to the water. Compared to other states, Florida's growth rate has ranked among the top 7 every decade since 1920. In 2006, Florida's population is expected to increase by 1,100 people each day. And everyone needs a place to live.
   
   
3. There are very few areas of the country that enjoy warm weather, virtually year round, the way our area does.
   The Emerald Coast has at least 9 months of the year with average high temps of 71 degrees or warmer, 6 months average high temps of 80 degrees or warmer, and all 12 months average high temps of 61 degrees or warmer.
   
   
4. The Baby Boomer Generation. This massive demographic shift, which is just beginning and expected to last the next 30 years, is bringing tens of millions of Baby Boomers into the prime second and vacation home buying demographic. Because of the strong attraction of water and warm weather many of these baby boomers will seek property here on the Emerald Coast.
   
   

1. Inventories are larger than they have ever been.
   Because there are so many properties on the market buyers have many options and therefore can be selective choosing the very best property for their wants and needs - they literally have the "pick of the litter". It's a great time for a buyer looking for a second home, that get away condo, or the perfect lot to build their dream home which they will have for personal use and plan to own for a long period of time.
   
   I CAN NOT STRESS ENOUGH - Always take the sure thing.
   
   Buyers need take advantage of this situation soon because the market conditions will change and you don't want to find out that someone else bought your "dream home" or that "great investment property" while you were waiting for a something better to come on the market.
   
   
2. Buyers have great leverage over sellers with regard to price.
   
   Because there are so many homes, condos and vacant land properties on the market sellers that want, or need, to sell are accepting reduced prices, offering incentives to buyers, and/or being creative with regard to financing to get their properties sold. Right now is a great time to take advantage of the current market conditions to get a great price on an investment property or a second home.
   
   AGAIN, I CAN NOT STRESS ENOUGH - Always take the sure thing.
   
   Buyers need take advantage of this situation soon because the market conditions will change and you don't want to find out that someone else bought your "dream home" or "the great investment property" at a price you would have paid, but didn't, because you were waiting for a better deal.
   
   
3. Interest Rates for Fixed Rate Mortgages are still very attractive.
   
   Interest rates are often changing but right now we know that fixed interest rates are at their lowest levels since mid-May which means that if you are thinking about buying and financing your "Dream Home" or that "Great Investment Property" do it because we know you can get a great rate right now.
   
   AGAIN, I CAN NOT STRESS ENOUGH - Always take the sure thing.
   
   Buyers need to take advantage of these low interest rates while they last. If you are a buyer, and have a property in mind but are waiting to buy it because "something better might come on the market" or because you are waiting for "prices will drop a little further" Don't, because if interest rates go up, waiting even a couple of weeks could cause you a higher monthly payment for the same piece of real estate. Or if you end up buying a new "better" property, again, you may end up more in the long run if interest rate go up.
   
   

1. 1. Generally prices have lagged behind Destin and other areas for beachfront property creating more bang for your buck right now.
2. There is more gulf front property available than other areas.
3. There is a bigger wider beach than other areas.
4. Great return on investment potential.
5. There are several high-end properties comprised of million dollar plus units just opening, currently under construction or in the planning stages that will continue to have a positive effect on existing property values.
6. A high-end retail complex similar to Destin Commons is planned for the Island bringing more restaurants, shopping and entertainment all of which will have a positive effect on existing property values.
7. It's closer to the airport than other areas.
8. It has less traffic than other areas.
9. Its family friendly condos are good for high priced summer rentals.
10. It's only a 7-mile drive to Destin.

1. Fast developing area with vacant land still available at reasonable prices.
   
   
   • Great to buy and hold land or build a home.
   
   
2. Great location.
   
   
   • Close to the new Panama City International Airport coming in 08.
   • Very short drive to Grayton Beach
   • Very short drive (minutes) to the shops in Seaside.
   • Minutes to water access on the bay.
   
   
3. The new Panama City International Airport opening in 2008: Located at hwy 20 and hwy 79. (about 30 easy miles away) which will have a positive influence on the real estate values in this area.
   
   
   • Easy access in and out of the area.
   • Opens the market to international investors.
   
   
4. St. Joe is investing in the area east of Point Washington by developing a high-end community called WaterSound North on the East end of the county which will have a positive influence on the real estate values in this area.

For more specific opportunities call The Moran Team at 850-217-7618.