You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!
By Marla Martin, Florida Realtors
This month’s newsletter shares an article that sums up where we are in our current real estate market, our market stats and my favorite properties on the market. Enjoy!
EAST HILL | NORTH HILL | DOWNTOWN | THE BEACH
Your resource for navigating the real estate market in the greater Pensacola area.
JUNE 3, 2020 By kerry smith
Gov. DeSantis announced that Phase 2 of the state’s 3-step reopening plan will go into effect on Friday morning. It doesn’t change real estate services that were already deemed essential, but it could give hope to some buyers and sellers who pulled back during the pandemic.
Here's the latest on where we are with the real estate market these days. As always, feel free to give me a jingle to discuss the goings on:
Things are getting better, at least in consumers’ minds. The May confidence index rose to 86.7 from April’s 85.7, and while the component for current conditions fell 1.9 points, future expectations rose 2.6 points. According to the report, the “free fall stopped in May.” Read more
A 0.6% increase in new-home sales isn’t much, but it suggests that a healthy number of potential buyers is still ready to move forward on their plan to buy a home. Read more
As of Tuesday morning, Fla. DBPR approved plans for 42 counties to safely reopen vacation-rental properties – an increase from 26 counties last Friday. Read more
Additional local information can be found at myescambia.com and the Short Term Vacation Rental Plan for Escambia County.
Progress! Governor DeSantis released an executive order Wednesday evening to launch Phase 1 of the reopening of the State of Florida - Phase 1: Safe. Smart. Step-By-Step. Plan for Florida's Recovery.
Per the order, most of the state of FL can start reopening May 4th. Southern FL is excluded from reopening for the time being due to higher incidents of Covid-19 infections. The Governor's said approach is to take data driven steps to strategically open the state slowly and safely in line with the guidelines released from the White House this past week. Below are some highlights. Please refer to the Governor's official order for specifics and details:
• Schools remain distance learning
• Visits to senior living facilities are prohibited
• Elective surgeries can resume
• Restaurants may offer outdoor seating with 6 foot space between tables & indoor seating at 25%
• Retail can operate at 25% of indoor capacity
• Short-term vacation rentals prohibited until further notice.
• No changes for bars, gyms and personal services such as hair dressers and barbers.
• Movie theaters remain closed
• Vulnerable individuals should avoid close contact with people outside the home.
Phase 1 maintains Centers for Disease Control and Prevention recommendations to prevent the spread of COVID-19 - social distancing while in public, avoiding groups of 10 or more, using face masks in public when you can’t maintain 6 feet distance from others etc..
As always, please let me know if there is anything i may do to assist you with all things real estate. Be safe and well.
Your resource for navigating the real estate market.
EAST HILL | DOWNTOWN | THE BEACH
Family compound on private 3.24 acres within a 15 minute drive to downtown Pensacola. Huge lot in well established neighborhood so close to the downtown and shopping. This stately, well maintained, 2 owner home offers plenty of room for a growing family. This custom home is set back off of the road in a grove of oak trees. The 2 car garage with side entry is over-sized. There is a carport for boat or RV parking. There is a separate detached 1 car garage with separate heated and cooled space with another full bath (main square footage 3763 with 4 beds, 2 1/2 bath, guest house 375 with full bath). There are also three other out buildings. The possibilities are endless with this property!
Must see! CLICK HERE FOR DETAILS