In Northwest Pensacola Real Estate, the Soaring Sudivision is Growing Again.
December 12th, 2011 Categories: Northwest Pensacola
The Pensacola Real Estate neighborhood of Soaring is about to start growing again.
D.R. Horton Pensacola has purchased four of the remaining lots to build some large homes at very competitive prices.
To see homes in northwest Pensacola’s Soaring, click this link
The homes range from the D.R. Horton Pensacola 2610 at 259,900, to a huge D. R. Horton Pensacola 4258 square foot with 6 bedrooms and three and one half baths for 333,875, which makes the price per square foot of that home less than 78.50 per square foot for new home construction.
That is a very good price per square foot currently in the Pensacola Real Estate market.
Soaring is a small exclusive gated community located in the desirable Northwest Pensacola area and has been built on a gently rolling picturesque meadow. The other homes in the Soaring neighborhood are beautiful, upscale, and mostly built by custom builders.
D.R. Horton Pensacola is concentrating on the area of Northwest Pensacola Florida because of the high quality of life enjoyed by residents living in this semi rural area close to town.
Soaring is about a twenty two minute drive to NAS Corry Station and about thirty minutes to Pensacola NAS.
It is very close to the Publix shopping center on Nine mile Rd(Hwy 90) at Pine Forest Rd, Soaring is 20 minutes from downtown Pensacola Florida, and thirty minutes from Pensacola Beach and this DR. Horton Pensacola neighborhood is only about twenty minutes from Pensacola Christian College (PCS) founded by DR. Arlin Horton , twenty miutes from Pensacola State College (PSC) ,and twenty minutes from The University of West Florida (UWF).
For more information on Soaring call 850-206-6140
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The Indian Lake Sudivision is Unique in Pensacola Real Estate and Northwest Florida
December 5th, 2011 Categories: Northwest Pensacola
The Indian Lake subdivision being built by D.R. Horton Homes in Pensacola Florida is a pretty unique neighborhood in regards to Northwest Florida real estate because it has two features that most of our new home developments don’t have.
The first one, of course, is an actual usable and beautiful private lake that residents can fish and boat in. Although we are blessed to have an abundance of fresh water lakes in our area, nothing beats having one right in your own neighborhood!
To find out about new homes to be built in the Pensacola Real estate market, or existing homes, anywhere in the Pensacola Real estate market call Jim Holland at 850-206-6140
To see the homes currently available in Indian Lake, click on Homes For Sale In Indian Lake.
The other unique feature that may be even less common is that the neighborhood has been built on an area of gentle hills that in contrast to the flat topography of most of Florida, gives it a pleasantly different look and feel, compared to the former cow pastures that most builders have chosen to build on for the last few years.
The other very nice feature is that D.R. Horton has decided to build some of their nicest homes in Indian Lake and keep the prices very competitive. Also there is such a wide variety of homes in the neighborhood that it has a very custom look for a very low price. Adams Homes of Northwest Florida is also building here
Even though it feels like you are living in the country, Indian Lake is only about 25 minutes to NAS Corry Station
The only down side of Indian Lake is that, as of the posting of this article, it is nearly built out,so you will need to act quickly if you would like to get a new D.R. Horton Home in Northwest Pensacola.
Here are the homes that sold in Indian Lake in 2011
| Property Summary |
| . | Sta | Street Address | Bed | Baths | SqFt | Year Built | L Price | S Price | Sold Date | DOM |
| 1 | S | 1137 MASKOKE DR | 3 | 2 | 1,860 | 2010 | $187,900 | $177,900 | 05/04/2011 | 58 |
| 2 | S | 708 MOHEGAN CIR | 4 | 3 | 2,528 | 2011 | $218,275 | $210,000 | 12/21/2011 | 63 |
| 3 | S | 1124 MASKOKE DR | 4 | 3 | 2,948 | 2010 | $215,400 | $210,000 | 02/28/2011 | 256 |
| 4 | S | 507 MEKKO DR | 4 | 3 | 2,948 | 2011 | $219,950 | $214,950 | 06/29/2011 | 0 |
| 5 | S | 750 MOHEGAN CIR | 5 | 3 | 2,685 | 2008 | $215,000 | $215,000 | 12/15/2011 | 1353 |
| 6 | S | 525 MEKKO DR | 4 | 3 | 2,380 | 2010 | $219,600 | $215,900 | 07/29/2011 | 519 |
| 7 | S | 769 MOHEGAN CIR | 3 | 2 | 2,646 | 2010 | $237,725 | $225,000 | 04/25/2011 | 140 |
| 8 | S | 775 MOHEGAN CIR | 4 | 4 | 3,134 | 2010 | $252,375 | $232,510 | 05/27/2011 | 31 |
| 9 | S | 787 MOHEGAN CIR | 4 | 4 | 3,134 | 2011 | $246,050 | $236,000 | 10/24/2011 | 101 |
| 10 | S | 799 MOHEGAN CIR | 4 | 4 | 3,134 | 2011 | $248,400 | $239,900 | 07/14/2011 | 31 |
| 11 | S | 781 MOHEGAN CIR | 5 | 3 | 3,047 | 2010 | $256,125 | $244,900 | 01/20/2011 | 45 |
| 12 | S | 702 MOHEGAN CIR | 5 | 3 | 3,047 | 2011 | $246,900 | $245,000 | 12/16/2011 | 48 |
| 13 | S | 1143 MASKOKE DR | 5 | 3 | 3,047 | 2011 | $250,750 | $246,750 | 10/31/2011 | 113 |
| 14 | S | 660 MOHEGAN CIR | 5 | 3 | 3,047 | 2011 | $249,900 | $248,275 | 12/23/2011 | 22 |
| 15 | S | 793 MOHEGAN CIR | 6 | 4 | 4,258 | 2011 | $295,050 | $286,700 | 09/26/2011 | 128 |
| 16 | S | 763 MOHEGAN CIR | 6 | 4 | 4,258 | 2010 | $309,730 | $299,000 | 04/15/2011 | 97 |
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Claridge Park Subdivision Compares Well With other Pensacola Real Estate For Sale
November 30th, 2011 Categories: Northwest Pensacola, Pensacola Hot Deals
Update! D.R Horton Pensacola has released another of their Popular Whitingham floor plans for sale in Claridge Park.
Here is the write up from D.R Horton Pensacola’s Pensacola MLS write up:
Whittingham Plan. GREAT Location and Fantastic Prices!! You should come see us today!!!! Convenient to everything including Pensacola NAS and Corry Station! Whittingham is also our decorated Model home on-site! A very charming 3 bedroom 2 bath home with a spacious eat-in kitchen open to the family room. Very light & bright & airy. *** Easy to maintain lots with nice landscaping and fully sodded yards. Our homes come loaded with many standard features that would be extra somewhere else! This all brick home comes with 9 ft ceilings throughout, a vaulted ceiling in the living room and a trey in the master bedroom; tile floors in the foyer; recessed lighting in the kitchen; Staggered 42″ Maple wood cabinets with adjustable shelves; taller vanities in the master bath and separate shower and garden tub; 5 inch baseboards throughout home. Fabric Shield protection for windows, Moen Faucets, GE black appliances, indoor laundry, 2 car garage with garage door opener and pull down attic stairs and SO MUCH MORE!! Ready For Move-In! At closing Buyers receive a one year Builder Warranty and a 10 year Structural Warranty! Builder PAYS up to $4000 towards BUYER’S CLOSING COSTS PLUS doc stamps on deed, owner’s title policy, survey and termite!! Interior photos are of same model floorplan in the neighborhood.
This floor plan is also available in the D.R. Horton neighborhood of Windward Cove in Gulf Breeze Florida just east of Pensacola Florida.
I have sold this floorplan in both of these neighborhoods and they compare very favorably to other homes in the Pensacola Real estate market.
Here are the homes sold in Claridge Park in 2011
| Property Summary |
| . | Sta | Street Address | Bed | Baths | SqFt | Year Built | L Price | S Price | Sold Date | DOM |
| 1 | S | 8861 RIDGEBROOK CT | 3 | 2 | 1,497 | 2011 | $129,900 | $129,900 | 07/12/2011 | 100 |
| 2 | S | 8825 RIDGEBROOK CT | 3 | 2 | 1,461 | 2011 | $137,400 | $133,900 | 11/21/2011 | 97 |
| 3 | S | 1439 RIDGEBROOK CT | 3 | 2 | 1,461 | 2011 | $137,400 | $137,400 | 12/07/2011 | 113 |
| 4 | S | 8837 RIDGEBROOK CT | 3 | 2 | 1,461 | 2011 | $138,400 | $138,400 | 08/05/2011 | 39 |
| 5 | S | 8867 RIDGEBROOK CT | 3 | 2 | 1,461 | 2011 | $143,000 | $143,000 | 07/20/2011 | 98 |
| 6 | S | 8831 RIDGEBROOK CT | 4 | 2 | 1,647 | 2011 | $149,900 | $146,045 | 08/22/2011 | 0 |
| 7 | S | 8873 RIDGEBROOK CT | 3 | 2 | 1,647 | 2011 | $149,900 | $149,900 | 11/15/2011 | 0 |
| 8 | S | 8855 RIDGEBROOK CT | 4 | 2 | 1,647 | 2011 | $160,400 | $150,000 | 06/02/2011 | 64 |
| 9 | S | 8843 RIDGEBROOK CT | 4 | 2 | 1,647 | 2011 | $149,400 | $150,400 | 08/26/2011 | 173 |
| 10 | S | 8886 RIDGEBROOK CT | 3 | 2 | 1,461 | 2011 | $152,755 | $152,755 | 07/29/2011 |
Nestled in a quiet corner of Northwest Pensacola, the neighborhood of Claridge Park being built by D.R. Horton Homes Pensacola, is a great place for first time home buyers and those looking for a place to downsize into a low maintenance Florida lifestyle.
To see all homes currently available in Claridge Park just click here
The all brick homes D.R. Horton Homes Pensacola is building, have a starting price of $131,400, are on patio lots with just enough yard to give a nice private back yard, but are not so big as to become a maintenance issue.
The location is far enough south of Nine Mile Road (Hwy 90) to be quiet and secluded, but is close enough to be convenient to shopping. This is indeed a prime real estate location in Pensacola Real Estate.
Lowes, and Home Depot , Walmart and Publix supermarket are all within a 5 minute drive.
Theses D.R. Horton Pensacola homes are available with a wide variety of options including stainless steel appliances and granite countertops in a variety of colors.
Pensacolas Claridge Park is also only 20 minutes from NAS Corry Station, and 25 minutes from NAS Pensacola, In addition, it is only 5 minutes from the Interstate 10 interchange at Pine Forest Road where you can find variety of restaurants including Ruby Tuesday’s, Cracker Barrel and Sonny’s barbeque, a Pensacola favorite.
Also, from this interchange you can be in Downtown Pensacola Florida in 15 minutes or Pensacola Beach in about 30 minutes.
Pensacola Beach is the home of the new Jimmy Buffet Margaritaville resort, a Hilton Hotel, Portofino Condominiums and a large variety of great restaurants.
Currently there is a good selection of homes ready to move into right away.
Or D.R Horton’s Pensacola Florida real estate division will build one for you.
Here is the D.R. Horton Pensacola Habersham floor plan 1497 square feet at 134,400 makes it a good value in the Pensacola new home real estate market
1497qure feet for 131,400 makes the Habersham a good value in Pensacola real estate
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Nature Trail Pensacola Subdivision- Development Takes Off With Navy Federal’s Green Expansion
November 27th, 2011 Categories: Community, Northwest Pensacola
Dr Horton Pensacola is offering this stately 4258 square foot floor plan in Pensacola’s Nature Trail Subdivision
If you are interested in seeing this plan that is being built in Nature Trail and nearby Soaring .
Give me a call at 850-206-6140
To see all nature trail listings click this link
Here is the write up for this home from D.R. Horton Homes Pensacola:
“Unbeliveable two story 4258sf 6/3.5 bath. When you enter this home you have a dining room one one side and a large study on the other. As you enter the family area, the ceiling is approximately 20′! Beautifule windows go all the up to the ceiling. Fireplace with built in book shelves on both side of fireplace. The family area is open to family room and breakfast room. Large kitchen with and island and walk in pantry. 1/2 bath off the kitchen. Wet bar that leads from kitchen to dining room. The Master is downstairs and there are 5 bedrooms and 2 baths upstairs along with a huge game/theatre room. Photos are of same floorplan in a different”
Pensacola Florida’s Nature Trail real estate development is a perfect fit for the rapidly expanding workforce of Pensacola’s Navy Federal Credit Union campus.Pensacola’s Nature Trail offers stress free living while preserving the natural surroundings.
To see all the current listings in Nature Trail click here
Nature Trail is located on over 700 acres of woodlands with over half of that designated for preservation. I can speak from experience that Dave Taylor and the Nature Trail management team are hands on and are making sure that the property remains in as much of a natural state as possible by preserving any trees that do not need to be removed for building. These policies are keeping the area looking fantastic for someone who wants to have a sense of seclusion, but still desires access to wonderful amenities including swimming pools, tennis courts, a fitness center, meeting facilities, a lodge, gated entry, parks, walking trails, running trails and more.
Although the development got of to a slow start due to the decline in the Pensacola Real Estate market, it is now poised to become the fastest growing real estate development in the Northwest Florida area due to the rapid expansion of the nearest large employer, Navy Federal Credit Union. The beauty of having Navy Federal as a neighbor is that its company policies fit perfectly with Nature Trail’s green philosophy.
When Navy Federal Credit Union opened a state-of-the-art-facility in Pensacola, Leadership in Energy and Environmental Design (LEED) certification was still relatively new in Florida. Dubbed the “Pensacola Project,” the credit union achieved the honor of being the first LEED Gold-rated project, and as it has expanded, it has maintained those high energy efficiency standards.
Currently Navy Federal is negotiating to buy additional land to expand its campus and hire more workers. As the Navy Federal Pensacola workforce expands, some will choose to live in Nature Trail and help stabilize the neighborhood. In our current unsettled economy, it is a huge benefit for value to have a very large, well employed workforce living within walking distance of a neighborhood, especially if it is a very environmentally friendly facility like Navy Federal.
In response to the favorable prospects for Nature Trail, D.R Horton, the largest homebuilder in America has started to build in Nature Trail, bringing their affordable designs in to the development to compliment the other fine builders already in business there.
Some of the Dr Horton patio homes have broken the $200,000 plateau and are currently listed at $189,900. This price should keep a monthly payment, including HOA dues, below $1300. This is very affordable real estate pricing considering the extremely high quality of the development
Update! This D.R. Horton Pensacola home in Nature Trail has gone under contract, but many other floorplans are availble from D.R Horton, Classic Homes, Paragon, and K.W. Homes in Pensacola’s Nature Trail.
These builders build some of the best homes in the Pensacola Real Estate market and have both standing homes, and new home plans ready to be built!
If you would like to see any homes in Nature Trail or any others in the Pensacola Real estate market call Jim Holland
850-206-6140
Here are the sales in Pensacola’s Nature Trail Development for 2011
| Property Summary |
| . | Sta | Street Address | Bed | Baths | SqFt | Year Built | L Price | S Price | Sold Date | DOM |
| 1 | S | 5543 SPOONFLOWER DR | 3 | 2 | 2,122 | 2011 | $199,900 | $199,900 | 11/18/2011 | 78 |
| 2 | S | 5591 SPOONFLOWER DR | 3 | 2 | 1,830 | 2011 | $199,900 | $199,900 | 07/28/2011 | 94 |
| 3 | S | 5587 SPOONFLOWER DR | 3 | 2 | 1,808 | 2011 | $199,900 | $201,700 | 09/15/2011 | 157 |
| 4 | S | 5932 DAHOON DR | 4 | 2 | 2,162 | 2010 | $233,404 | $233,404 | 06/29/2011 | 121 |
| 5 | S | 5972 DAHOON DR | 3 | 2 | 1,980 | 2011 | $242,353 | $242,353 | 12/28/2011 | 243 |
| 6 | S | 5509 SILVERBELL CT | 3 | 2 | 1,904 | 2010 | $255,000 | $250,000 | 10/24/2011 | 130 |
| 7 | S | 5627 LOBELIA LN | 3 | 2 | 2,646 | 2010 | $283,650 | $276,900 | 09/26/2011 | 285 |
| 8 | S | 8857 MARSH ELDER DR | 3 | 3 | 2,177 | 2011 | $282,440 | $282,440 | 10/20/2011 | 0 |
| 9 | S | 8861 MARSH ELDER DR | 3 | 2 | 2,235 | 2008 | $349,900 | $285,000 | 02/11/2011 | 773 |
| 10 | S | 8852 SPIDER LILY WAY | 4 | 3 | 2,510 | 2010 | $301,235 | $297,200 | 10/04/2011 | 196 |
| 11 | S | 5630 LOBELIA LN | 5 | 3 | 3,041 | 2010 | $302,300 | $300,650 | 03/14/2011 | 47 |
| 12 | S | 8450 ROSE MALLOW WAY | 5 | 3 | 3,047 | 2011 | $299,900 | $304,526 | 07/29/2011 | 0 |
| 13 | S | 8853 MARSH ELDER DR | 4 | 3 | 2,412 | 2010 | $318,785 | $305,000 | 06/24/2011 | 90 |
| 14 | S | 8858 SPIDER LILY WAY | 4 | 3 | 2,588 | 2010 | $307,755 | $307,340 | 05/02/2011 | 35 |
| 15 | S | 8089 FOXTAIL LOOP | 4 | 3 | 2,612 | 2011 | $331,385 | $315,000 | 10/17/2011 | 208 |
| 16 | S | 8426 SALT GRASS DR W | 3 | 2 | 1,990 | 2011 | $325,000 | $325,000 | 05/03/2011 | 0 |
| 17 | S | 8823 SPIDER LILY WAY | 4 | 3 | 2,593 | 2010 | $333,224 | $333,000 | 05/19/2011 | 100 |
| 18 | S | 8853 SPIDER LILY WAY | 4 | 3 | 2,648 | 2008 | $359,900 | $339,000 | 08/23/2011 | 414 |
| 19 | S | 8345 FOXTAIL LOOP | 4 | 3 | 2,605 | 2010 | $389,000 | $362,000 | 03/31/2011 | 309 |
| 20 | S | 8777 FOXTAIL LOOP | 6 | 4 | 4,258 | 2010 | $364,030 | $364,030 | 03/25/2011 | 70 |
| 21 | S | 8804 MARSH ELDER DR | 6 | 4 | 4,258 | 2011 | $378,280 | $381,925 | 09/30/2011 | 24 |
| 22 | S | 8822 SPIDER LILY WAY | 4 | 3 | 2,643 | 2010 | $397,500 | $397,900 | 06/30/2011 | 133 |
| 23 | S | 8564 FOXTAIL LOOP | 5 | 4 | 3,500 | 2008 | $449,900 | $430,000 | 11/30/2011 | 541 |
| 24 | S | 8871 SALT GRASS DR | 4 | 4 | 3,883 | 2007 | $454,500 | $440,000 | 02/08/2011 | 388 |
| 25 | S | 5800 DAHOON DR | 3 | 3 | 3,977 | 2009 | $559,000 | $490,000 | 11/18/2011 | 200 |
| 26 | S | 8315 FOXTAIL LOOP | 4 | 5 | 3,958 | 2008 | $524,500 | $490,000 |
| Property Summary |
| . | Sta | Street Address | Bed | Baths | SqFt | Year Built | L Price | S Price | Sold Date | DOM |
| 1 | S | 5543 SPOONFLOWER DR | 3 | 2 | 2,122 | 2011 | $199,900 | $199,900 | 11/18/2011 | 78 |
| 2 | S | 5591 SPOONFLOWER DR | 3 | 2 | 1,830 | 2011 | $199,900 | $199,900 | 07/28/2011 | 94 |
| 3 | S | 5587 SPOONFLOWER DR | 3 | 2 | 1,808 | 2011 | $199,900 | $201,700 | 09/15/2011 | 157 |
| 4 | S | 5932 DAHOON DR | 4 | 2 | 2,162 | 2010 | $233,404 | $233,404 | 06/29/2011 | 121 |
| 5 | S | 5972 DAHOON DR | 3 | 2 | 1,980 | 2011 | $242,353 | $242,353 | 12/28/2011 | 243 |
| 6 | S | 5509 SILVERBELL CT | 3 | 2 | 1,904 | 2010 | $255,000 | $250,000 | 10/24/2011 | 130 |
| 7 | S | 5627 LOBELIA LN | 3 | 2 | 2,646 | 2010 | $283,650 | $276,900 | 09/26/2011 | 285 |
| 8 | S | 8857 MARSH ELDER DR | 3 | 3 | 2,177 | 2011 | $282,440 | $282,440 | 10/20/2011 | 0 |
| 9 | S | 8861 MARSH ELDER DR | 3 | 2 | 2,235 | 2008 | $349,900 | $285,000 | 02/11/2011 | 773 |
| 10 | S | 8852 SPIDER LILY WAY | 4 | 3 | 2,510 | 2010 | $301,235 | $297,200 | 10/04/2011 | 196 |
| 11 | S | 5630 LOBELIA LN | 5 | 3 | 3,041 | 2010 | $302,300 | $300,650 | 03/14/2011 | 47 |
| 12 | S | 8450 ROSE MALLOW WAY | 5 | 3 | 3,047 | 2011 | $299,900 | $304,526 | 07/29/2011 | 0 |
| 13 | S | 8853 MARSH ELDER DR | 4 | 3 | 2,412 | 2010 | $318,785 | $305,000 | 06/24/2011 | 90 |
| 14 | S | 8858 SPIDER LILY WAY | 4 | 3 | 2,588 | 2010 | $307,755 | $307,340 | 05/02/2011 | 35 |
| 15 | S | 8089 FOXTAIL LOOP | 4 | 3 | 2,612 | 2011 | $331,385 | $315,000 | 10/17/2011 | 208 |
| 16 | S | 8426 SALT GRASS DR W | 3 | 2 | 1,990 | 2011 | $325,000 | $325,000 | 05/03/2011 | 0 |
| 17 | S | 8823 SPIDER LILY WAY | 4 | 3 | 2,593 | 2010 | $333,224 | $333,000 | 05/19/2011 | 100 |
| 18 | S | 8853 SPIDER LILY WAY | 4 | 3 | 2,648 | 2008 | $359,900 | $339,000 | 08/23/2011 | 414 |
| 19 | S | 8345 FOXTAIL LOOP | 4 | 3 | 2,605 | 2010 | $389,000 | $362,000 | 03/31/2011 | 309 |
| 20 | S | 8777 FOXTAIL LOOP | 6 | 4 | 4,258 | 2010 | $364,030 | $364,030 | 03/25/2011 | 70 |
| 21 | S | 8804 MARSH ELDER DR | 6 | 4 | 4,258 | 2011 | $378,280 | $381,925 | 09/30/2011 | 24 |
| 22 | S | 8822 SPIDER LILY WAY | 4 | 3 | 2,643 | 2010 | $397,500 | $397,900 | 06/30/2011 | 133 |
| 23 | S | 8564 FOXTAIL LOOP | 5 | 4 | 3,500 | 2008 | $449,900 | $430,000 | 11/30/2011 | 541 |
| 24 | S | 8871 SALT GRASS DR | 4 | 4 | 3,883 | 2007 | $454,500 | $440,000 | 02/08/2011 | 388 |
| 25 | S | 5800 DAHOON DR | 3 | 3 | 3,977 | 2009 | $559,000 | $490,000 | 11/18/2011 | 200 |
| 26 | S | 8315 FOXTAIL LOOP | 4 | 5 | 3,958 | 2008 | $524,500 | $490,000 | 08/15/2011 | 145 |
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Active Listings and Foreclosures in the Pensacola Real Estate Market
November 20th, 2011 Categories: Foreclosures, Pensacola Market Data
I wanted to share a little interesting information on the Pensacola Florida real estate market that came to my attention today.
I have been tracking the number of residential properties in the area that show up in “active” status in the Pensacola MLS for quite some time, at least the last seven years, beginning around 2002 before the peak of the housing boom and subsequent collapse.
Back in 2002-2003 we commonly averaged about 4000-4500 residential properties on the market. Just prior to hurricane Ivan, we had a dip in supply and increase in demand that left us with very few homes to show in almost all desirable neighborhoods, especially East Hill, North Hill, Pensacola Beach and Gulf Breeze.
To find out about new homes to be built in the Pensacola real estate market, or existing homes, anywhere in the Pensacola real estate market call Jim Holland at 850-206-6140
I vividly remember trying to find properties in those neighborhoods and having a lot of difficulty matching the needs of my buyers with the available properties.
After the “meltdown” supply rose sharply for several years to the point where I remember in 2006 we briefly were near 7000 homes for sale in the MLS. After that peak we have very slowly but steadily seen a bumpy, gradual decrease in the supply in our MLS.
As of today the number of residential listings broke the 4000 level
And stands at 3999.That number caught my attention because it reminded me of those 2002-2003 levels of inventory that we have reached,and how long it took to get there
If you click on the link below you can see the graph of the declining inventory
http://www.pensacolaassociationofrealtors.com/STATISTICS.htm
We have been hoping for some stabilization in the supply and demand in the Pensacola Real estate market for some time, and maybe dropping below 2003 supply might be an indicator that we are finding some balance.
Also, in analyzing the Pensacola MLS data today, I noticed that there are more than twice as many short sales listed than foreclosures, which indicates to me that the foreclosures will keep on coming, and are selling, as a large percentage of short sales eventually turn into foreclosures.
Prices should continue to be held down at these low levels by these market forces for some time to come.
Just food for thought!!
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Pensacola Real Estate News Flash!!! Incredible interest rate/low payment
November 4th, 2011 Categories: Pensacola Buyers, Pensacola Hot Deals
My most recent home buyer, a young Navy woman, just locked her V.A. loan interest rate on a D.R Horton home at 3.875%.
That is the lowest interest rate on a thirty year fixed rate loan sale that I have ever been involved in.
At this interest rate, her payment is roughly $880.00 on a $141,000, brand new home that is less than 20 minutes from Pensacola Corry Sation and 25 minutes from Pensacola NAS . Yes, you can get incredible deals at super interest rates on Pensacola real estate that is close to the naval bases.
The type of home she is purchasing is pictured below.
This Pensacola home is being purchased with only a $1000.00 down payment and the builder picked up virtually all closing costs!
For information on other great values in neighborhoods near the Pensacola Naval bases, check out the Neighborhoods in Southwest Pensacola page.
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Fantastic Real Estate Tool For Buyers….Free!!!
November 4th, 2011 Categories: Pensacola Buyers, Pensacola Hot Deals
Thanks for stopping in to read my blog today.
I hope you will find it to be an informative place to go for information
on the Pensacola Real Estate market and the Northwest Florida Real
Estate market in general.
To find out about new homes to be built in the Pensacola Real estate market, or existing homes, anywhere in the Pensacola Real estate market call Jim Holland at 850-206-6140
Today I wanted to take a little time to introduce you to a very, very
powerful tool available to anyone who is looking for real estate on the
internet in the Pensacola, Fort Walton, Crestview, Navarre, Destin, Hwy
30A, or Panama City areas.
Either myself, or agents in my referral network, are able to program the
Multiple Listing Service (MLS) database with the requirements of your
search criteria for homes for sale, so that every day, all new
real estate listings that match your search criteria, or activity on existing
listings, will be automatically e-mailed to you.
I have found this to be, by far, the most effective way to find the very
best deals, the day they hit the market.
These new listings, with the search criteria narrowed down, are the
absolute quickest way to find out about great properties before the
general buying public is aware of them.
I set all my buyer prospects up with this service, and have sold
properties with this tool, year in and year out for the last 10 years
and it has never let me down.
Amazingly, a large percentage of Realtors are either not aware that this
function is available, or do not think of it is as the incredibly
valuable real estate tool that it is.
If you are serious about finding great values in our market, give me a call and I will be happy to set you up with this service at no charge. I do ask to speak with you personally to confirm that I am e-mailing a
real person, and not sending information out for any other purpose than to be of service to customers.
Of course it doesn’t matter if you are buying tomorrow, or years from now, I am still interested in working with you.
The sooner you start your own real estate market research the better!
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The Great Gulf Coast Arts Festival Comes to Pensacola
November 2nd, 2011 Categories: Community, Local Stories
The time has come for one of Pensacola’s biggest and best annual events. The Great Gulf Coast Arts Festival happens this weekend in Seville Square in downtown Pensacola.
To find out about new homes to be built in the Pensacola real estate market, or existing homes, anywhere in the Pensacola real estate market call Jim Holland at 850-206-6140
The three day juried show brings over 200 artists from all over the country to Pensacola to show and sell their creations, and compete for 25,000.00 in total prize money
It is always well attended and the festivities include not only art, but nationally known, and local, music acts, as well as a special children’s stage
Also there will be a large variety of food and refreshments.
The hours are:
9-5 on Friday and Saturday,
November 4 and 5.
9-4 on Sunday, November 6
Children’s Festival Hours:
Saturday & Sunday 10-4
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Perdido Key
October 28th, 2011 Categories: Perdido Key
Beautiful Perdido Key
To find out about new homes to be built in the Pensacola Real estate market, or existing homes, anywhere in the Pensacola Real estate market call Jim Holland at 850-206-6140
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Emerald Shores Subdivision Has Great Real Estate Values Near NAS Pensacola
October 28th, 2011 Categories: Southwest Pensacola
The neighborhoods of Emerald Shores are the closest contemporary homes to the back gate of Pensacola NAS, and within a 10 minute drive of Pensacola Corry Station.
The neighborhood was constructed from the late nineteen nineties
until the present. The homes are mostly all brick, 3 or 4 bedroom, 2 baths with two car garages, in a neighborhood that is well designed to allow no through traffic.
To find out about new homes to be built in the Pensacola real estate market, or existing homes, anywhere in the Pensacola real estate market call Jim Holland at 850-206-6140
To see all available homes listed in Emerald Shores just click this link!
Ther are usually several homes on the market ranging in price from 120,000 to th elow 200″s, with square footage from 1500 -2500 square feet.
With this location being so close to Pensacola NAS it is a pretty good bet your neighbors will either be Navy, retired Navy or government civil service.
The neighborhood is called “Emerald Shores” for good reason as it is about a ten minute drive to Perdido Key on the Gulf of Mexico which is the home of some of the most beautiful beaches in the state of Florida.
The Gulf Island National Seashore maintains a recreation facility that includes seven miles of pristine undeveloped white sandy beaches, with great fishing, camping, and hiking opportunities year round. Also, many weekday mornings you can watch the Blue Angel flight demonstration team practice over the beach.
Directly across from the National Seashore lies Big Lagoon State Park where you can find a boat ramp and additional camping and swimming locations.
Perdido Key is also the home of the world Famous Flora-Bama state line bar and grill as well as many other great restaurants.
As you go west across the Alabama state line, you will pass through the beachfront communities of Orange Beach and Gulf Shores Alabama, which are resort destinations with dozens of tourist related activities including regular concerts at the Wharf Amphitheatre, where on any given spring or summer weekend
you are likely to see anyone from Willie Nelson, Toby Keith , or Kenny Chesney to classic rock and roll shows like Steely Dan or Journey.
Here are the Pensacola Real Esate Sales for Emerald Shores for 2011
Sold Property Analysis
| Address | List Price | Sold Price | DOM | % Chg | %SP/OLP | SP/Sqft |
| 211 STAYSAIL ST | $64,900 | $65,000 | 95 | -0.2% | 73.95% | $52.93 |
| 327 MIZZEN LN | $99,900 | $99,000 | 16 | 0.9% | 99.10% | $75.11 |
| 512 CAPSTAN CT | $107,900 | $103,600 | 73 | 4.0% | 82.88% | $58.83 |
| 641 BUOY DR | $124,500 | $124,500 | 134 | 0.0% | 89.63% | $76.33 |
| 325 MIZZEN LN | $147,000 | $134,000 | 52 | 8.8% | 91.16% | $91.72 |
| 663 BUOY DR | $138,000 | $135,000 | 139 | 2.2% | 93.75% | $88.06 |
| 506 CAPSTAN CT | $144,700 | $145,700 | 157 | -0.7% | 98.91% | $90.67 |
| 718 MARLINSPIKE DR | $162,900 | $155,000 | 41 | 4.8% | 89.60% | $79.98 |
| 544 BATTEN BLVD | $169,900 | $160,000 | 473 | 5.8% | 86.53% | $83.03 |
| 758 MARLINSPIKE DR | $165,000 | $161,000 | 101 | 2.4% | 95.83% | $77.22 |
| 627 BUOY DR | $179,900 | $179,900 | 244 | 0.0% | 89.99% | $76.68 |
| Total Averages | $136,782 | $132,973 | 139 | 2.8% | 90.52% | $ |
| Property Summary |
| . | Sta | Street Address | Bed | Baths | SqFt | Year Built | L Price | S Price | Sold Date | DOM |
| 1 | S | 211 STAYSAIL ST | 3 | 2 | 1,228 | 2000 | $64,900 | $65,000 | 03/07/2011 | 95 |
| 2 | S | 327 MIZZEN LN | 3 | 2 | 1,318 | 1997 | $99,900 | $99,000 | 04/15/2011 | 16 |
| 3 | S | 512 CAPSTAN CT | 4 | 2 | 1,761 | 2000 | $107,900 | $103,600 | 06/14/2011 | 73 |
| 4 | S | 641 BUOY DR | 3 | 2 | 1,631 | 2001 | $124,500 | $124,500 | 06/01/2011 | 134 |
| 5 | S | 325 MIZZEN LN | 3 | 2 | 1,461 | 1997 | $147,000 | $134,000 | 01/19/2011 | 52 |
| 6 | S | 663 BUOY DR | 3 | 2 | 1,533 | 2002 | $138,000 | $135,000 | 08/10/2011 | 139 |
| 7 | S | 718 MARLINSPIKE DR | 3 | 2 | 1,938 | 1998 | $162,900 | $155,000 | 08/08/2011 | 41 |
| 8 | S | 544 BATTEN BLVD | 3 | 2 | 1,927 | 2002 | $169,900 | $160,000 | 09/30/2011 | 473 |
| 9 | S | 758 MARLINSPIKE DR | 4 | 2 | 2,085 | 1998 | $165,000 | $161,000 | 04/12/2011 | 101 |
| 10 | S | 627 BUOY DR | 4 | 2 | 2,346 | 2002 | $179,900 | $179,900 | 10/03/2011 | 244 |
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