Destin Real Estate

Villa Coyaba Condo is Exquisit Luxury At The Beach

February 7, 2010 Leave a Comment

Villa Coyaba Brings New Luxury to the Beach

This Villa Coyaba Condo ushers in a new era of luxurious beachside living in Destin. Nestled in the charming seaside community of Crystal Beach on famed Scenic Highway 98. The riveting penthouse views are framed by gorgeous interiors by a professional interior designer — everyone prefers this 4th/top floor location!

Villa Coyaba is the most impressive short term rental capable unit on the beach! Amenities include: movie theatre with kitchen, Gulf front fitness center with top of the line equipment and an infinity edge Gulf front pool with huge brick paved pool deck with gated access to the gorgeous beaches! Villa Coyaba — unrivaled quality and beauty in design, construction and amenities.

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Click on these links for 30A Real Estate News and Panama City Beach Real Estate News – and you will find information about condo foreclosures, condo short sales and much more.

Filed Under: Destin Real Estate

Buying Real Estate In Your IRA

February 5, 2010 Leave a Comment

Because investing and Destin Real Estate go hand and hand I think it’s very important to be informed as possible on how to maximize your investing power. With that in mind I came across this question and answer segment on Smart Money.com that address IRA’s and real estate. Take a look and let me know what you think.

Q. Can an IRA be invested in mortgages or real estate?
—Linda Bruyette, Ellington, Conn

Yes, some real estate (including commercial property, vacation rentals, raw land and mortgage notes) is permitted. At best, real estate provides steady income and long-term appreciation. Usually only special-purpose banks and trust companies offer these investments, as “self-directed IRAs.”

Potential risks are high. “Self dealing” is strictly prohibited—which means you can’t invest in something you or immediate family members use or benefit from. Otherwise your entire IRA balance is treated as a withdrawal and subject to relevant taxes plus a 10 percent penalty if you’re under age 59 1/2. Plus, there’s the liquidity issue: You need a big IRA to handle buying and maintaining property while also keeping a diversified portfolio. And if you need out quickly, you better hope for a robust real estate market. A good real estate mutual fund or exchange-traded fund is a simpler choice.

Click on the links to find Destin Foreclosures, Destin Short Sales, Destin Real Estate For Sale

Also check out Kelly Plantation Real Estate News, Regatta Bay Real Estate News, Destin Condo News.

Filed Under: Destin Real Estate

Mortgage Rates Expected To Go Up For Destin Real Estate

February 2, 2010 Leave a Comment

I saw this press release in Florida Realtors magazine and thought the information would be helpful for folks considering Destin Real Estate For Sale. Take a look and let me know what you think.

COLLEGE STATION, Texas – Feb. 1, 2010 – According to Dr. Mark Dotzour, chief economist for the Real Estate Center at Texas A&M University, mortgage interest rates are low right now but don’t expect that to last. When the government quits buying mortgage-backed securities, rates will head up and away.

Dotzour says that mortgage rates were low at the end of 2009 because “the global consensus among bondholders appeared to be that inflation will remain low in the United States for an extended period. This caused the ten-year U.S. Treasury rate to fall to between 3.2 and 3.6 percent for much of the second half of 2009.”

With extraordinary levels of federal deficit spending, Dotzour says it is unlikely that the low-inflation scenario will be popular when the economy starts to rebound. Consumers should expect mortgage rates to rise when signs of improvement appear.

A second factor contributing to the low mortgage rates is the Federal Reserve Bank’s unprecedented purchase of nearly all the mortgage-backed securities issued by Fannie Mae and Freddie Mac in 2009, he adds. Totaling more than $1 trillion for the year, this program has been extended through the end of March 2010.

“The Fed has never done this before in its history,” says Dotzour. “They are doing this to stimulate the economy by keeping mortgage rates as low as possible. When the Fed stops buying these securities from Fannie and Freddie, mortgage rates are likely to increase, and possibly quite abruptly.”

How far will rates go up when the Fed terminates its buying program? Dotzour says that question is difficult to answer precisely because this has never been done before; but many experts think that rates could move up one-half to 1 percent.

“The combination of extraordinarily low mortgage rates and current price levels are making homes extremely affordable to American families. In fact, national and Texas housing affordability indices indicate that homes are more affordable than ever. But this will not last. When the economy recovers and the Fed stops purchasing mortgages, rates will rise.”

To read more on the subject, see Dotzour’s article “Rate Expectations” in the January 2010 issue of Tierra Grande magazine at http://recenter.tamu.edu/tgrande/.

For more information about real estate in the area check out Kelly Plantation Real Estate News or the 30A Real Estate News and the Panama City Beach Real Estate News.

Filed Under: Destin Real Estate

California vs. Florida Home Prices

January 20, 2010 Leave a Comment

Ever wonder what houses are selling for in other parts of the country? I’ve heard for years that prices are extremely high in California so I thought I’d take a look and see how we compare and here is what I found.

California First

I was on Lenny LaRocca’s web site www.southbayhomeexpert.com – Lenny covers the Hermosa Beach area in California and I saw that this house in Torrence CA recently sold for $619,000. It was built in 1954, has 3 bedrooms, 2 bathrooms and 1,338 sq. ft.

What About Florida?

By comparison this house in the gated community of Kelly Plantation in Destin Florida sold recently for $600,000. It was built in 1998, has 4 bedrooms, 4 bathrooms and 3,350 sq.ft.

Interesting isn’t it?

For more information on Destin Homes For Sale or Destin Condos For Sale simply click on the links and let Keller Williams Realty’s At The Beach Team help you get your place at the beach – relatively cheap!

Filed Under: Destin Real Estate

Fly To Atlanta For Just $59 Dollars!

January 15, 2010 Leave a Comment

Are the effects of the new Panama City airport are already being felt?

Check out the deal Delta Airlines is running right now on airfare from Northwest Florida Regional Airport to Atlanta. Granted it’s a short term promotion and has to be taken advantage of this weekend but it does bring exposure and accessibility to the area in Atlanta – a major feeder market for Destin, 30A and Panama City. When the new airport opens I think you will see more deals like this in cities that Southwest flys such as Houston, Washington DC and Orlando.

How does this effect Destin Condos For Sale?

More exposure to more areas will open more peoples eyes to how wonderful Florida’s Emerald Coast is and the incredible deals on Destin Real Estate right now.

Click on the picture to book a ticket. If you have questions about Destin Condos For Sale including Destin Condo Foreclosures or even Destin Short Sales simply give us a call at 850-654-3325 or send an email to JohnMoran@AtTheBeachTeam.com

Filed Under: Destin Beach Lifestyle, Destin Real Estate Tagged With: Airlines

Southwest Announces Destination Cities

December 18, 2009 Leave a Comment

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Four Cities to flight non-stop from Panama City, FL

Southwest Airlines announced that it will fly directly to Orlando, Houston, Nashville and Baltimore from the new airport under construction.

The flights fare will start as low as $49 one way….

and there will be two flights a day from each destination. These low fares will force other airlines to reduce their fares to stay in the game. Southwest Airlines anticipate serving around 2,000 travelers a day.

These strategically chosen cities will provide semi-direct flights to Chicago, New York, Dallas and Ft. Lauderdale. Semi-direct flights mean that you will stop before arriving to your destination, but will not leave the plane. You can book your direct flight now at www.southwest.com.

Go to www.AtTheBeachDestin.com for things to do in Destin, FL

Filed Under: Destin Beach Lifestyle, Destin Real Estate

Destin Short Sales Create Impressive Deals!

December 8, 2009 Leave a Comment

See Destin Short Sales – Click on picture

If you could buy Destin Real Estate at $.45 Cents On The Dollar — Would You?

The people that bought this Destiny East House in Destin Florida did. The seller paid $915,000 for the home in 2005 and last month sold it as a Destin Short Sale for just $400,000! Amazing.

Are There More Deals Like This?

Absolutely!

If you are interested in Kelly Plantation Short Sales the deals are there. If you are interested in Regatta Bay Short Sales the deals are there. If you are interested in Holiday Isle Short Sales the deals are there. If you are interested in Crystal Beach Short Sales the deals are there. If you are interested in Destin Condo Short Sales, again the deals are there.

How Do I Find Them?

It’s easy. Simply click on the links above and from there you will be able to sign up for our FREE Short Sales Alerts with will email you every time a Destin Short Sale hits the market.

Anywhere Else?

Of course. Check out 30A Real Estate News for all the 30A Short Sales and the Panama City Beach Real Estate News for Panama City Beach Short Sales.

Filed Under: Buyers, Destin Real Estate

Top Destination for 2010

December 4, 2009 Leave a Comment

Florida Panhandle Beaches are a Top Destination

I am really proud to say that one of the top destinations for 2010 is the place I live in. Out of thirteen destinations all over the word, I am not surprise that Florida Gulf Coast is one of them. This place is amazing! There are things to do for the entire family. The Florida Panhandle Beaches are a must see destination.

This place has been overlooked by many, but the true is that it contains some of the most diverse recreation choices along Florida’s Gulf coast, and some of the best options for visitors seeking an affordable family vacation.

“Seaside’s planned community is so “perfect” it was the setting for the The Truman Show, yet you’ll also find old-school Florida towns with funky shops, tiny hotels, pristine beaches, and the perfect cottage to rent.”

Read the entire article here

We know that, with the arrival of the new Northwest Florida Beaches International Airport in May of 2010, this area will be more accessible for everyone, specially because Southwest Airline is going to make flights more affordable.

Go to our website at www.AtTheBeachDestin.com for things to do in the Destin area and go to www.AtTheBeachFl.com for the South Walton Area. Want to live in one of the top Destinations? search for Destin Homes for Sale, Destin Condos For Sale, South Walton Homes For Sale and South Walton Condos For Sale.

Filed Under: Destin Beach Lifestyle, Destin Real Estate

Destin Condo Foreclosures Everywhere? Think Again.

December 2, 2009 Leave a Comment

Destin Condo Foreclosure – Click on picture for details

Destin Condo Foreclosures are a great way to get a tremendous deal.

There is no question that if you are interested in Destin Condos For Sale that you should look into foreclosures. You can find them on the Destin Condo News. The thing you need to be aware of is there is not an unlimited supply of Destin Condo Foreclosures – here are the numbers as of today … [Read more...]

Filed Under: Buyers, Destin Condos, Destin Real Estate, Featured Tagged With: Foreclosures

Beautiful Holiday Decoration Ideas At The Beach

November 25, 2009 Leave a Comment

Decorating Pict

The holiday season is almost here. There is no better idea than to incorporate what you find in your backyard with your decoration, this way you are incorporating the beach with the season. It is easy, affordable and a fun day to spend with the family.

This months Coastal Living Magazine is giving …