Broker’s view: Taking the pulse of Northwest Florida real estate

Published: Friday, June 7, 2013 at 03:04 PM.

 As with the flowers blooming in spring, so is real estate.

Everyone wants to know about distressed(short-sales and pre-foreclosures) properties and REOs(bank owned properties). 

Currently, of the 2,563 single family homes and the 1,355 condominiums would you believe less than 10 percent of those are distressed or foreclosed.

I get asked all the time, "find me a deal." Some people still think that banks are "giving" properties away. They are not.  

Banks and sellers are doing their homework; just like buyers.  

Priced right, the typical sale is rarely more than 6 percent off of the list price with many being at full price. 

Looking at the individual areas let's start with from east to west this time.

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