Crestview Real Estate Market Report - Okaloosa, Florida
Crestview, Florida - Okaloosa

Market Commentary Provided by Marion Russell
If you can qualify, now is an exceptional time to buy a home in Crestview. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 850-582-5813

  Report Date   Fall 2009  
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Marion Russell
Marion Russell
CENTURY 21 Wilson Minger Agency, Inc.
Niceville, Florida
850-582-5813
marionrussell@cox.net
Agent Home Page
CENTURY 21 Wilson Minger Agency, Inc.
  Nearest Metro Area   Fort Walton Beach
  Buyers’ or Sellers’ Market   More sellers than buyers
  Average Time on Market   More than 120 days
  Market Trend   Decreasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $150,000 - View Graph Trend
  Best Selling Price Range   $150,000 - $199,000
  Worst Selling Price Range   $450,000 - $499,000
  Compared to Last Year   Down 10-15%
  Prices As % of Asking Price   95-100%
  Multiple Offers?   No
  Greatest Activity   First Time Buyers
  Buyer Activity for the past 90 days in Crestview is   Decreasing
  Seller Activity for the past 90 days in Crestview is   Decreasing
  Is Financing Available For Qualified Buyers in Crestview?   Yes
  Existing Home Prices for the past 90 days are   Decreasing
  What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?   30-35%
  Housing Hot Spots   Most cities within the Okaloosa County area are considered 'Housing Hotspots'
  Reason to Buy/Sell   First time home buyer tax credit
  Average Sold Price   $150,000 - View Graph Trend
 
       
       
  National Real Estate Market    
  National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...
     
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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