I am a Realtor living and working at Gulf Place. I have been doing this longer than I care to admit. I lived thru the cycle of up and down. The SoWal area is not that unique that it does not follow the nationwide trends. Inventory is down here and nationwide. Interest rates are slowly creeping up. Cash sales are down 19.2% year over year. My facts are from Florida Realtors and is for Walton County in general. Again, not much difference across the county. the volume of business up north is not large enough to sway the numbers.
MY PERSONAL OPINION. As goes the stock market goes the real estate market. We are due for an adjustment but I don't think anymore than a seasonal slowdown. I watch the different areas along 30A and think that some areas are overheated but mostly everything is balanced. OK?