Kelly Klein's (kellyklein) Blog

What has been happening in Walton County Florida lately?  Single Family New Home Sales are up 205% over March of 2011 and for the year they are up 168.63%. DR Horton seems to be the trend leader in this category.  They have more building permits than any other builder in Walton County at this tim...

Today is a day called Good Friday, but to me all Fridays are Good.  They always have been for as long as I can remember.  I always looked forward to the day called Friday.  How can you not love a Friday.  TGIF !

One way to decipher a market is to analyze it.  I love to do this in all categories.  I am a bit of a real estate nerd and love to watch the numbers so I understand what is going on. In my Investment Market, Condos under the $175,000 price range the numbers came as below:   Number of Condos in th...

Market Update Week Ending March 16, 2012 What began as a quiet week quickly turned negative following the release of Tuesday's Fed announcement. Mixed economic data and Treasury auctions had little impact. Mortgage rates ended the week significantly higher. While it was very similar to the last ...

Seaside, FL has an awesome turnout for its 10th annual Seaside Half Marathon this past weekend.  Although I do not participate, I do have a bird's eye view of the racers from my 4th story condo.  My dog Dolly who viewed the race for the first time in her life loved it too. Dolly watching the runn...

Today I am featuring the Emerald Hill Townhomes located at 3722 East Hwy 30A, Seagrove Beach, FL 32459 This complex has 3 floors offering 36 total units.  There are 7 Studio Units, 8 one bedroom units, 11 two bedroom units and 10 3 bedroom units.  Unit numbers 1-16 are Gulf Front.  There are priv...

Market Update Week Ending February 24, 2012 The Greek bailout package was passed on Monday as expected, and there was little reaction in US markets. Mixed US economic data also had little influence. Strong Treasury auctions were the biggest factor for mortgage rates this week...

1031 investment property is real or personal property held for the proper intent as defined by Internal Revenue Code § 1.1031. 1031 exchanges allow the owner to indefinitely defer the federal and state capital gains and recaptured depreciation taxes triggered when the property is sold and replace...

Median Prices Crestview DeFuniak Springs Destin Fort Walton Beach Freeport Milton* Navarre** Niceville South Walton Area DSF 1 $166,130   $70,000   $319,900   $150,000   $174,900   $118,500   $185,000   $239,250   $338,900   Condo NA   NA   $217,500   $200,000   NA   NA   $234,500   $89,900   $2...

In record numbers, I am seeing license plates from the following states:  Texas, Louisiana, Alabama, Georgia, Tennessee, Ontario, Ohio, Minnesota, Michigan, Kentucky and Illinois.  Seems like there are record number of visitors in the area this year.  Why not?  Temperatures have been unseasonally...