Destin Bayfront Homes

 

Joe's Bayou is one of Destin, Florida's most exclusive waterfront addresses for those seeking Destin bayfront homes and is popular among boating and yachting enthusiasts.  Joe's Bayou homes feature a diverse architecture style from basic Florida fishing cabins to luxury Medeterranean styled homes.  The home sites are large, over 1 acre in size, and many have swimming pools, guest houses, and are gated.

 

Anyone looking to purchase a waterfront home on Joe’s Bayou will be impressed with what this attractive bayou in Destin has to offer. Joe's Bayou homes are perfect for entertaining, year around living, or as a second home.  The privacy and serenity are only interuppted by the pelican's swooping down for one of the many bait fish…

12870 Views, 0 Comments

Destin Foreclosures, priced at market value, are leading the way in reducing the number of  available homes for sale in the area. 

Many buyers are anxiously looking at recent selling prices in an attempt to "guess" the market bottom. However, the first sign of  a strenghtening Destin real estate market is found by analyzing inventory trends*.

As demand fell for Destin homes in 2005, 2006, and 2007 (see chart below), inventory rose dramatically.  The primary reason for this was unrealistic sellers overpricing their homes. Buyers were looking but unwilling to pay the list price.

In late 2007, REO managers started listing foreclosures in Destin.  Often times, their list prices were more than 30% below competing homes.  Over time, traditional sellers…

1552 Views, 0 Comments