30A Real Estate Advice | Page #4

Davis Properties of NW Florida is one of the oldest and most established real estate firms  along 30A and South Walton.  We have a genuine LOCALS' perspective with years of 30A real estate knowledge and advice to offer you!



The National Association of Realtors (NAR) recently provided an instant reaction to the state of mortgage rates as of December 14, 2023. 

The momentum generated by rates falling below 7% opens up opportunities for both buyers and sellers. Buyers may find themselves with increased purchasing power, while sellers could experience heightened demand. This symbiotic relationship between rates and market momentum is a dance we'll be closely observing in the coming year.

In the "here and now," we're experiencing a stabilization in home sales prices along 30A. We focused our info today to bring you a "snapshot" of what's happening with homes and condos for sale in South Walton and 30A:

The local median home price increased this year by 5.25%. The…

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What Does A Real Estate Agent Do?

It's more complicated than it looks on TV.

Being a Realtor is often perceived as a glamorous profession filled with sleek property tours, lucrative deals, and the promise of a flexible schedule. However, the reality is that the daily life of a realtor is far more dynamic and demanding than what meets the eye. Today, we'll delve into the intricacies of what Realtors do daily, shedding light on the behind-the-scenes efforts that contribute to their success in the competitive real estate industry.

What is the role of a real estate agent?

For consumers, the decision to buy or sell may take days, weeks, months, or years. Real estate agents carefully nurture client relationships by taking on numerous roles as…

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Selling Your 30A Home? Understand the appraiser's role, how to prepare for the appraisal, and what happens when the appraised price is too low. 

Depending on how long you've owned your home, selling in today's market could be very profitable, given how prices for homes on 30A have risen in recent years. What might take some by surprise is that 7% of home sales were delayed nationally because of appraisal problems. 

When selling your 30A beach home, one crucial step is the appraisal. Here are a few key ways to ensure a smooth home-selling experience.

Objective Property Valuation: The Appraiser's Role

An appraisal is conducted by a licensed appraiser who evaluates various factors to determine your home's market value. This includes the…

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Unlocking Your Dream Home: Why Scenic 30A Remains a Top Choice Amidst Rising Interest Rates

In today's ever-evolving real estate market, prospective homebuyers weigh the pros and cons of purchasing a property in the face of rising interest rates. While the prospect of higher interest rates may seem daunting, certain locations continue to shine through the financial turbulence. One such destination is the beach towns of 30A & South Walton, Florida. This week, we'll explore why our area remains an attractive option for homebuyers despite increasing interest rates.

  • Beachside Bliss

One of the primary draws of Scenic 30A & South Walton is its idyllic location along the renowned Emerald Coast of Florida. The area offers a diverse range…

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5 Steps to Prepare Your 30A Beach House or Condo For Sale

We all want to be good neighbors. But when it comes to selling your home, it's not just about "keeping up with the Joneses." It's about outshining them at every opportunity!

With new listings hitting the market locally each week, the right strategy has never been more important to win over buyers and achieve the highest possible sales price. Here are five proven steps to set your property apart from the competition.  

STEP 1: Stage Your Home to Show Its Full Potential

Home staging is one of the hottest trends in real estate—because it works! According to the Real Estate Staging Association, professionally staged homes spend 73% less time on the market.

So, what exactly is…

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Rising Home Inventory: How It's Influencing the 30A Real Estate Market

Compared to last June, inventory levels for homes and condos on Scenic 30A have more than doubled, from 2.5 months of supply to 6.6 months this June, indicating we are currently in a balanced market. 

Contributing to this slow yet steady incline may be a month-over-month decrease in new listing inventory since January.

For example, 307 new listings were added to the market last June, whereas just 171 new listings came on the market this June, representing a 25% decrease in new listing inventory. 

Homes Are Staying On the Market Longer

Since fewer new listings are entering the market, the build-up in the inventory of homes indicates many properties are taking longer…

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Since your beach home or condo in South Walton is one of your most important assets, knowing its value can help you make future decisions, whether selling, refinancing, or planning investment strategies.
If you want to check the value of your home today, these three methods are the most common approaches, but they each serve distinct purposes:

Appraised Value Appraised value represents a professional opinion at a specific point in time and for a specific purpose, such as for a home purchase and refinancing. To determine an appraisal value, a licensed appraiser assesses various factors, such as size, condition, location, comparable sales data, and market trends. Professional appraisals can cost $300-$400 or more.  

Assessed Value The assessed…

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According to Nationwide industry analysts, home prices in the first quarter of 2023 increased in over 70% of major metro areas. However, the national median price for existing single-family homes was down .2% from a year earlier. As we begin the second quarter, what are the numbers telling us locally? Are we transitioning from a Seller's market to a Buyer's market? 

As we look at home prices and trends locally, the following numbers in our infographic below represent single-family homes in two regions of Scenic 30A, from Grayton Beach to the Western End of 30A and from Watercolor to the Eastern End of 30A. 

In looking at the two regions separately, we discovered a noticeable change during the first quarter. The Western end of 30A experienced an…

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8 Benefits of a Home Watch Service for Your Scenic 30A Beach Home

Owning a home-away-from-home here on the beaches of Scenic 30A is a dream come true for many, and quite a few owners choose not to rent their home or condo so they can have the freedom of enjoying their home whenever they want. But stumbling onto something as seemingly minor as a broken icemaker can suddenly turn a peaceful weekend into one filled with unnecessary drama!

Whether you’re an out-of-state owner, or live here full-time, and are considering hiring a reputable Home Watch Service to handle emergency issues and routine preventative maintenance, here are a few options you may want to be sure are covered in the plans offered to you:

Weekly Maintenance

A weekly plan can…

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While home inspections are common in the home-buying process, there is sometimes confusion about what exactly takes place and what a buyer or a seller should expect. 

Home inspections allow a buyer to identify any significant issues with a home before the closing and helps support the valuation of the property. But hiring a certified professional is critical. Not only are they experts trained in what to look for, but many lenders require licensed inspectors to evaluate the property's condition to ensure the loan they originate isn't risky. If a buyer makes an all-cash purchase, the same reasons still apply. Having the home or condo inspected by a professional provides peace of mind regarding the home's safety and helps ensure you get what you pay…

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