Real Estate Sales

There are so many great things about living in Saint Johns County, we are so blessed with all of the great history, being surrounded by great beaches, the list could go on and on.  We have now been recognized by Forbes as having one of the top 10 school districts in the country.  We have a median home price at just over $181,000 and because of our high test scores and low teacher turnover rate we have been awarded this great honor.  This is one reason so many people move to our area because we have a  low crime rate, great schools, great people, and some of the best scenery,  Saint Johns County is a win win for everyone.

Coastal Realty has just added a new smartphone app to help you find the best property buys in St. Augustine Beach and St. Johns County.  Now you can get all of the details on any property you see while out driving around and schedule a showing right on your iPhone.  Called MyAgent, by IDX Broker, this handy app is free, courtesy of Coastal Realty & Property Management.  You can download it right here on our website or from your iPhone.  Be sure to enter agent number 9842 to activate your new service.

Well Spring is upon us and the weather the past few weeks has shown.  Interest rates are still low and the stock market is still above 12,000 but with the turmoil overseas gas prices are up. As I read a lot of the economic forecasts they really expect that the gas prices will go down, which is a relief.  However there are some that believe that interest rates will have to eventually start creeping up, so the people that are waiting to see if the prices drop anymore you may end up paying a higher interest rate which means in the long run you may be paying more.  Bottom line if you are thinking about shopping for your dream home or just an investment property prices and interest rates are low, so at least see what may be available.

As a Real Estate agent one of the most common questions we recieve is “do you think the market has hit bottom”?  With historicly low intrest rates  John Paulsen which is a hedge fund mangaer who made 20 billion dollars betting against the housing bubble stated in a speech “If you don’t own a home buy one. If you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.”  Intrest rates have since then ticked up a bit but are still very low. In some parts of the country Real Estate prices have been cut in half, from entry level buyers to luxurious estate buyers there are so many amazing deals in this market.

After a period of little activity, the St. Augustine Florida real estate market has gained momentum in recent months.  There are plenty of good listings and some fabulous buys right now.  At Coastal, we draw on many years of experience both selling and managing St. Augustine beach and in-town properties, so we can help you find the ideal home, vacation home or income property.  Why don’t you give us a call today!