30A real estate - Page 3 of 10 -

Real Estate Predictions for 2014: 30a vs National

Karen January 28, 2014

What is going on in the 30a Real Estate Market

While no one can predict with any certainty what the housing market holds in store for 2014, a constant in real estate is always that many local markets vary widely in their performance. National numbers tell one story about the real estate market in general but home prices, inventory levels and foreclosure/short sale levels can be quite different locally. This is certainly the case here on 30A.

The U.S. real estate market made a robust comeback in 2013, surpassing the expectations of many economists as the combination of low inventories and historically low interest rates caused home prices to rise significantly. Here on 30A, we saw bidding wars for many properties as they hit the market. The few short sales and bank foreclosures that are down now to a trickle are selling for above the asking price. Mortgage rates are expected to rise to levels around 5% during 2014 and this will have a leveling effect on demand but we do not see this being the case here on 30A.

Here are our real estate predictions for 2014: 30a vs national …

1. Inventories along 30A will begin to rise which will slow the rate of price increases to a healthier level. 15 to 20 percent a year is not healthy because it is simply not sustainable.

2. Prices will continue to rise. Here on 30A, there is a lot of pent up demand for second home purchases along the beach. Most of our buyers are experienced and savvy with higher levels of disposable income than younger, first time buyers.

3. Mortgage rates will continue to creep up. We see them approaching 5% during 2014 but these rates are still historically low.

4. Foreclosure/short sale activity will continue to slow. The percentage of distressed sales here will remain far below national levels with most of these listings going under contract almost immediately.

Overall, there are no dark clouds on the horizon as we begin 2014 and most economists are optimistic about the overall market. Here on 30A things have gotten off to a good start.

If you would like to speak with a 30a Specialist then call Homes on 30a today 850.687.1064

30A Real Estate: Homes On 30A’s New Office

Karen January 24, 2014

Homes On 30A Announces New Location

Homes On 30A, LLC, a premier boutique real estate sales company, announces the purchase of a new building and will be changing their location sometime in early spring 2014. Randy & Karen Holder, co owners of Homes On 30A are excited about this move and are excited about the real estate market here on 30A for 2014. They are currently located in the 5900 block of East Highway 30A in the Lakewood Town Center. We felt we had outgrown our current space and we wanted to own our own business property. We closed on the purchase of a commercial building in the Blue Mt. Beach area of 30A in November and are currently in the process of having it completely remodeled and re landscaped. This will give us a presence on 30A that will reflect the success we have experienced in our first year of business.

30A Real Estate: Homes On 30A’s New Office: Homes on 30a has short term plans of expanding the business to include approximately 10 full time agents and a full support staff. It is critical to us that all of our agents have the full support, both emotionally and financially, to not only succeed in this business but to excel in this business. It is a great feeling to know that when some one calls a Homes On 30A real estate agent, they are going to get a top producing experienced agent that knows this area very well and is well versed in every aspect of finding and purchasing a property here at the beach.

Check back for updates on the Grand Opening!! It is going to be a great year in real estate on 30a

Karen Holder
Real Estate Broker/Owner
Homes On 30A

Homeowners Insurance tips on 30A

Karen December 14, 2013

Need Homeowners Insurance for your 30a Home?

I have just finished attending a meeting called by one of the top insurance carriers here on the beach reviewing homeowner’s insurance issues as we end this year and look forward to 2014. Here are a few things to ALWAYS remember about your homeowners coverage here on 30A:

Our area is on what all insurance carriers consider a barrier island. As agents here at Homes On 30A, we ALWAYS recommend to our clients that property owners purchase flood insurance whether it is required or not. Here is the proper HURRICANE INSURANCE EQUATION as preached by our insurance experts…

HOMEOWNERS + WIND + FLOOD = HURRICANE INSURANCE

The primary flood zone classifications found here along 30A are…

A ZONE – found in lower lying areas and near creeks and lakes.

V ZONES – beach front homes or close proximity to beach front. Lenders will require flood insurance for both A and V zone classifications.

X ZONE – low to moderate risk of flooding .2% chance. Coverage is not required in the X zone class but, as stated above, we strongly recommend that you purchase it anyway. Always remember that you do NOT have a truly comprehensive insurance coverage package without flood insurance, regardless of your flood zone classification.

Homeowners insurance is a critical part of the buying process in any part of the country but especially important here at the beach. A Homes On 30A agent will answer any questions you may have and, more importantly, refer to one of our expert insurance agents to answer questions as well.

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Looking Ahead to 30-A Real Estate in 2014

Karen December 11, 2013

30a Real Estate in 2014

At about this time every year, we begin to see projections and predictions about the coming year in the real estate market. Some of the typical economic indicators that drive the real estate market do not necessarily apply to our market here on the beach. We have an exceptionally high level of second home purchases, a market that is not affected by the ups and downs of household income or even the rise and fall of interest rates.

The typical demographic of the property buyer here on 30A has an age of between 35 and 75; a professional, executive or business owner with a higher asset level than average and a hefty level of disposable income. This buyer typically is looking for something he/she can enjoy with their families and perhaps subsidize some of the expense with short term rental income. However we are seeing an increase in end use buyers who are not interested in placing their property in the rental market.

2014 will see a continuation of hopefully slow recovery. It is not sustainable to see property appreciations of much more than 3 to 4 percent yearly. We have experienced a spike in property values during 2013 primarily due to the extremely low levels we reached during the collapse of 2005/2006. Inventories are expected to level off and begin to increase some this coming year which will halt the slide in inventories we have experienced over the last 2 years. It is very clear as we approach 2014 that it is no longer just a buyer’s market and we will see more non-distressed properties hit the market due to higher prices. These are pretty much simple economic supply and demand factors in play; nothing complicated.

The Fed is expected to begin tapering the cash stimulus infusion into the market and interest rates will probably creep to and maybe a little above 5% sometime during the coming year. Because of the up-scale market we have to sell here on 30A, this should not impact the level of demand we are enjoying. Most buyers will weigh the advantages of borrowing (expense) vs the return they might get from other investments and determine that it is still a good bet to borrow at around 5%.

We are excited to now know that the worst of the real estate market collapse is behind us and we look forward to an active and successful year in 2014. Contact Homes on 30a for all of your 30a real estate needs

Interested in Selling Your 30a Property

Karen December 10, 2013

We Offer the Latest and Most Innovative Marketing Techniques to Market and Sell Your Home.

If you are interested in selling your 30a property, Homes on 30a is now offering the latest and most innovative way to help market and sell your home. The fact is that most buyers are now finding properties online so it is critical to showcase your home in as many high end areas as possible, so we are always searching for the best way to offer this . We think we have found the best solution.We are now offering a Luxury & Digital Media Placement Package. The package includes a custom website of your home with a Luxury Google Earth Aerial Video, High resolution photography, a Mobile Website for iphone or android phones, and Ipad & Tablet Website and a High Definition You Tube Video

This Luxury Marketing Package offers Placement ads in The Wall Street Journal, The Robb Report Exceptional Properties, JetSet Magazine and the New York Times International Herald Tribune, as well as Facebook Targeted ads and Placement with Google’s Vast International Network Partners. If You are serious about selling your home then call Homes on 30a today 850.687.1064 to discuss this Latest Marketing Strategy.

Click the Link below to preview one of our Luxury Marketing Packages. Some Companies Might promise top notch marketing but we guarantee it!

Media Kit – 360 Spartina Circle

We also offer top placement on all of the top real estate sites like Zillow, Realtor.com and Trulia to name a few.

Hwy 30a Holiday Events

Karen November 29, 2013

Holiday Events on Hwy 30a this Saturday

There is a nice crowd here along Scenic Hwy 30a this weekend for Thanksgiving so let’s talk about what’s going on. Tomorrow all the communities begin the Christmas Holiday celebrations. The 30a parade, carrying Santa, kicks off the Holiday Season starting at 4:00 in Seagrove Beach and heading West to Seaside. Once Santa’s horse drawn carriage arrives, the amphitheater comes to life with festivities, music and the official lighting of the Seaside Christmas tree. It is know as ” Turn on the Town”. Watercolor kicks the Holidays off with their 6th annual Winter Market in town center. There is food and drink, small booths for shopping, horse drawn buggy rides, lighting of the Christmas tree and a visit from Santa. Rosemary Beach kicks off its season with the Holiday Market starting at 9 am Saturday morning with vendors selling jewelry, art, gifts and much more.

Get out and join in the Holiday Spirit.. If you want to see some real estate then call us at 850.687.1064

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