Phenomenal Gulf Coast Sunsets

The Gulf Coast of Florida has graced us with some incredible sunsets this fall and winter. Any local can tell you that the best time of year on the Gulf Coast is the fall. The weather is perfect with the sun shining and a crisp breeze, the water is still warm enough to swim in, the beaches are serene and less crowded, and the sunsets truly take your breath away. The whispy clouds are painted with hues of yellow, orange, purple, and even pink, and the Gulf of Mexico tends to be a mirrored image of the colored sky. The sunsets are equally as stunning on our lakes. First, the massive sun slowly merges down the horizon line beaming bright, and next, the sky is enhanced with all of the deeply saturated colors. I have never been able to explain why the sunsets are substantially more breathtaking in the fall and winter than any other time of the year, but it simply has to be something in the air! We encourage you to come on down and visit the Destin area next fall or winter and experience it first hand. You will not be disappointed. Also, don’t forget that we can get you a discount on your stay with our ResortQuest referral code!

Photo Location & Credit: 1. (top photo)  Stewart Lake, Seascape, Miramar Beach, FL, photo by Amanda Abbott; 2. (left square) Gulf of Mexico, Miramar Beach, FL, photo by Chef Phil McDonald of Table Five Private Chef + Catering,; 3. (right square) Gulf of Mexico, sunset view from Grand Dunes Condominium – North Tower #2050, Miramar Beach, FL, photo by Jason Sgobba of Photographer 850,; 4. (bottom left) Sunset view from Bud N’ Alleys Restaurant, Seaside, Santa Rosa Beach, FL, photo by Amanda Abbott; 5. (bottom middle) Gulf of Mexico, Destin, FL, photo by Sylvia Ignas; 6. (bottom right) Western Lake, Scenic Hwy 30A, Santa Rosa Beach, FL, photo by Amanda Abbott.

Nathan Abbott Team’s NW Florida Market Update

We are starting to face a transition in our real estate market in NW Florida.  Our inventory is getting depleted, developers are building again, and we are seeing some appreciation in niche markets.  If the property is priced right, it is not lasting on the market and we are even starting to see multiple offers again. A perfect example was a recent foreclosure in Rosemary Beach.  WIthin 2 weeks of allowing offers to come in, the listing agent had 24 offers on the table before cutting off the bidding.  This home will be sold well above the asking price.

If a new property comes on the market and it is priced extremely competitively, you usually have to jump on it immediately or it is gone.  Overall our market seems to be stabilizing and the appraisers seem to think so too.  My last 12 appraisals on sales have stated stable market vs. declining market which is a huge step in the right direction.  ResortQuest is up approx. 50% over last year in regards to sales absorption which is a huge step in the right direction.

For buyers…NOW is the time to buy before it starts becoming a sellers market again as it feels we have already reached the bottom with signs of positive movement.  The rental market this year is also out of control with activity and we continue receiving positive national exposure for our area.

For sellers.. NOW is a great time to put your property on the market due to the increase in activity.  You still have to price your properties realistic to the market to sell, but if they are priced right, you have a great potential of selling your property.  There is definitely more buyer urgency than in the past.  If market accepts the price value of the listing, it usually is not on the market for long.

If the Nathan Abbott Team can ever be of service, please don’t hesitate to contact us.  We are your NW Florida Gulf Coast’s real estate specialists and always welcome the opportunity to serve you.  Thank you

Housing Markets That Will Be The Strongest By 2014

Yahoo news just released an article headlined as:

“Housing Markets That Will Be Strongest By 2014”

Florida was ranked as the #6 state to recover the quickest.  Within Florida, Panama City Beach and the surrounding area was ranked #1.  

Recently I flew direct to Nashville through SouthWest.  What a great and convenient experience.  I was happy to see that when I flew back to PCB, every seat was full and it was a big plane.  When we landed at the new NW Florida Beaches International Airport, everyone on the plane started clapping and cheering.  This made me realize how much our local beaches are loved by so many.

The great news is…  The Oil Leak is NO MORE!  Our beaches are still as beautiful as ever, our water is crystal clear, and the activity has picked up at an alarming rate.  People are taking advantage of the great opportunities available for sale. These low prices will not last forever and the best deals on the market are quickly getting absorbed.  Our team put 6 properties under contract last week.  If you were ever looking for that perfect time to buy, now is the time.  Allow us to help you find the best deals on the market.

4th of July Weekend was a success

The local beaches were absolutely beautiful for the 4th of July weekend and were oil free.   For those vacationers who did not cancel their vacations to visit our beautiful Emerald Coast, were not disappointed! The vacationers were able to enjoy the beaches with their families as they remembered.   So far we have been blessed with very little signs of oil on our beaches locally.  Pensacola had quite a bit of oil come on shore, but the part that was not mentioned on the news was the cleaning crews had the beach completely cleaned in 3 days and it was re-opened to the public. I know the oil is a concern for everyone, including myself, but the beaches will be cleaned and we will survive this.  There are potential buying opportunities available today that might not ever come again.   Take advantage of the moment and find a long term investment that may be your future diamond in the rough.  Please let us know if we can ever assist you in any way. We look forward to the opportunity to serve you.

June 1st Oil Spill Update

More then a month after oil began pouring into the Gulf of Mexico, Florida continues to dodge the worst of the spill. No oil has washed up on any Florida beach, and the Florida Department of Environmental Protection predicts that no oil will wash up in the next 3 days.

BP has provided Florida with over $10 million in grant money to be used for things like buying more boom to protect the beaches and promote tourism in Florida. BP has also teamed up with to create a volunteer database.  The two relief drilling rigs are ahead of schedule towards permanently stopping the oil leak.

For now, the Florida beaches remain open and the oil won’t ruin anyone’s vacation plans. Allow us to help you negotiate an incredible real estate deal during this opportunity.  If we do get a little oil on the beaches, it will be cleaned and life will go on.  The new Northwest Florida Beaches International Airport is amazing and offers discount flights through SouthWest Airlines. We look forward to the opportunity to serve you.

Nathan Abbott

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