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Wednesday, June 18, 2008

Mexico Beach Florida

Our weather has been beautiful lately, hot, but beautiful! Talking to the companies that handle vacation rentals, rentals have been slower than normal thus far. It's no wonder when you consider the price of gas! It is definitely making an impact on most folks. There are a lot of people that are still coming on the weekends though, because the beaches are packed-----well , packed for Mexico Beach anyway, not packed compared to other beach communities, I guess.

Gas is over $4.00/gallon here in Mexico Beach.


Real estate has definitely been slow the last few weeks. People are still looking and even some offers being thrown around, but not a lot of offers going to contract. I always have statistics in my newsletter which will come out the 2nd week of July.

I'm not sure about other Realtors, but most of my showings lately have been single family homes as opposed to condo's. I think the pricing on condos are really going to have to come down a lot more in order to get any action. They have actually stayed pretty close to where they were at their pre-construction pricing, which was several years ago! Many of the units are still developer owned, so I would imagine they are getting pretty antsy to sell!! The least expensive 3
bedroom new condo w/pool is over $450,000. With that kind of mortgage + property tax + HOA fees, most people seem to just be staying away and going for Single family homes even though they are a little farther off the beach!

If you have at least $1500/mth expendable income you can get one of those single family homes at the beach!!!

Windmark Beach was supposed to officially open their "School of Fish" restaurant this past weekend. I'm going to assume they did, but I have not had a chance to check it out yet.

I believe they were also opening their humongous pool as well as their vacation condos.
Below is the School of Fish menu. This is an upscale restaurant from New Orleans.
I can't wait to check it out!!! If any of you do before I get a chance, let me know what you think!!!

I've been a bit frustrated trying to keep up with interest rates lately. It seems that no one wants to post their rates on their websites anymore! I know that when they quote rates and then I pass them on to you those are not written in stone---but it seems that lenders are now so worried that they will be held to those general rates that they are now afraid to give them out!
So, although I can find out some rates for you when you specifically ask me, I will not be posting rates in my blogs or newsletters anymore. I'll try to give you some kind of ball park though in my next newsletter!
On the fishing front---------------snapper fishing is awesome! In fact, I'M GOING SOON!!!
I'm not the greatest fisherman----I'm more of a "fair weather" fisherman. I'm not bad with the rod and reel, its just that I get seasick at the drop of a hat (or should I say at the hint of a wave!)
So therefore, I only like to go out when #1. its not too hot or not too cold. #2. must be slick calm #3. maximum of 4 hours #4. WE MUST CATCH A LOT OF FISH AND QUICKLY!
So, I guess it's no wonder I don't go out a lot!!!!
I hope you all have a wonderful weekend! Don't hesitate to call or email me if you have any questions about ANY property you see for sale----I can sell you anything in our area!
As always, go to church on Sunday---------"Coincidence is when God chooses to remain anonymous."

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