Realty Executives Oceanside




Fla.’s home sales, listings, median prices up in Nov.

(Published on - 12/21/2017 2:15:23 PM)

ORLANDO, Fla. – Dec. 20, 2017 – Florida’s housing market continued its positive track in November, with more closed sales, more new listings, more pending sales and rising median prices according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 19,990 last month, up 1.3 percent compared to November 2016.

9 River Oaks Way, Palm Coast FL 32137- FOR SALE- $449,000.00 

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The statewide median sales price for single-family existing homes last month was $240,000, up 9.1 percent from the previous year, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations. Thestatewide median price for condo-townhouse properties in November was $176,000, up 8.6 percent over the year-ago figure. November was the 71st consecutive month that statewide median prices for both sectors rose year-over-year. The median is the midpoint; half the homes sold for more, half for less.

According to the National Association of Realtors® (NAR), the national median sales price for existing single-family homes in October 2017 was $248,300, up 5.4 percent from the previous year; the national median existing condo price was $236,800. In California, the statewide median sales price for single-family existing homes in October was$546,430; in Massachusetts, it was $375,000; in Maryland, it was $281,466; andin New York, it was $249,900.

Looking at Florida’s condo-townhouse market, statewide closed sales totaled 8,235 last month, up 5.8 percent compared to November 2016. Closed sales data reflected fewer short sales and foreclosures last month: Short sales for condo-townhouse properties declined 21.8 percent and foreclosures fell 41.7 percent year-to-year; short sales for single-family homes dropped 36 percent and foreclosures fell 45.9 percent year-to-year. Closed sales may occur from 30- to 90-plus days after sales contracts are written.

“How did Florida’s home resale market fare in November? Florida Realtors’ November statistics paint a picture of a market that looks a lot more like what we were seeing throughout 2016 and in 2017 prior to the hurricane, at least at the statewide level,” said Florida Realtors® Chief Economist Dr. Brad O’Connor. “Through November, total statewide dollar volume across all residential property types is sitting at about 105 billion dollars, compared to about 96 billion dollars at this time last year.

“How did we do it? Certainly not due to sales growth – thanks to Hurricane Irma, only one-and-a-half percent more homes have sold so far in 2017 compared to this point last year. The obvious driving force here is the continuing upward march of home prices.”

November’s for-sale inventory remained tight with a 3.8-months’ supply for single-family homes and a 5.7-months’ supply for condo-townhouse properties, according to Florida Realtors.

According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 3.92 percent in November 2017, up from the 3.77 percent averaged during the same month a year earlier.

For the full statewide housing activity reports, go to the Florida Realtors Research & Statistics section on Realtors also have access to local market stats (password protected) on Florida Realtors' website.

© 2017 Florida Realtors®

Build or Buy Your Dream Home!

(Published on - 11/6/2017 8:34:46 PM)

 Ready to build or buy your dream home?  Call me, Shannon Vinnick at 386.503.1971 to make one of these properties the place you call "home"!



9 River Oaks Way

3 Bedroom 2.5 bath, 2,353 square feet





6 Seneca Path

4 bedroom 2 bath, 1,860 square feet





2600 N Ocean Shore Blvd Flagler Beach, FL 

8,979 square feet




49 Bulow Woods Circle





54 Riverwalk Drive N

12,000 square feet




43 Riverwalk Drive S

9,000 square feet





I'm your home town Realtor and I can't wait to make your dreams a reality!  Let's chat! 386.503.1971 





Why Rent when you can OWN the #Home of Your Dreams

(Published on - 9/27/2017 1:53:27 PM)

Why Continue to Rent when #rent Continues to Rise!?!


Search For The #HOME of your Dreams!


PurchasePrice= $180,000.

10% Down=$18,000.

Loan Amount=$162,000.

Interest Rate 6%/ 30year Amort.

Monthly Principal & Interest Payment= $971.27

(*Individual Borrowers May Vary-Check w/Lender)

Survey: Buyers, sellers optimistic about housing market


WASHINGTON – Sept. 26, 2017 – Existing-homes sales have retreated in four of the past five months, but new survey findings from the National Association of Realtors®(NAR) indicates that it's not because consumers lack confidence about buying and selling a home, nor are they worried about the direction of the economy and their finances, according to NAR's third quarter Housing Opportunities and Market Experience (HOME) survey.

What's holding renters back? The survey found that two-thirds of households think saving for a downpayment is challenging, and it will only get more difficult next year because roughly half of renters expect to pay more in rent in 2018.

Still, there appears to be a revival from renters in this quarter that it's a good time to buy a home. After dipping to roughly half of renters last quarter (52 percent), the share who believe now is a good time climbed to 62 percent (60 percent a year ago). Overall, current homeowners (80 percent), households with higher incomes and those living in the more affordable Midwest and South regions are the most optimistic about buying right now.

The share of homeowners that believe now is a good time to sell is also inching higher. Eighty percent of homeowners think it's a good time to list their home for sale (a new survey high), which is up from last quarter (75 percent) and year-to-year (67 percent).

NAR Chief Economist Lawrence Yun says it's great news that homebuyer and seller optimism is advancing – but it's not clear if that will actually translate to more sales.

"The housing market has been in a funk since early spring because of the ongoing scarcity of new and existing homes for sale," Yun says. "The pace of new home construction has not meaningfully broken out this year, and not enough homeowners at this point have followed through with their belief that now is a good time to sell. As a result, home shoppers have seen limited options, stiff competition and weakening affordability conditions."

Yun says that buyer demand is robust, "but the disappointing reality is that sales will continue to undershoot their full potential until supply levels significantly improve."

Economic and financial outlook brightens

More households this quarter (57 percent) believe the economy is improving compared to the second quarter (54 percent) and a year ago (48 percent). Continuing the complete reversal from a year ago, those living in rural and suburban areas were more optimistic about the economy than respondents residing in urban areas. A majority of homeowners and those with incomes above $50,000 also had a positive outlook on the economy.

The rebound in economic confidence this quarter are also giving households increased assurances about their financial situation. The HOME survey's monthly Personal Financial Outlook Index, showing respondents' confidence that their financial situation will be better in six months, jumped from 57.2 in June to 62.0 in September. A year ago, the index was 58.6.

"Jobs are plentiful, wage growth is finally showing signs of life, home values are up considerably in the past five years and the stock market is at record highs," says Yun. "The economy is not perfect, and growth overall is still sluggish, but the financial health of the typical household looks as healthy as it has since the recession."

Most renters likely to continue renting – even if their rent increases

This quarter, non-homeowners were asked if they expect their rent to increase over the next year, and given their current financial situation, what impact paying more in rent would have on their living arrangements.

Roughly half of current renters expect to pay more in rent next year (51 percent). If in fact their rent does increase, most will either resign their lease anyway (42 percent) or move to a cheaper rental. Only 15 percent of respondents will consider buying a home.

"Even though the typical downpayment of a first-time buyer has been 6 percent for three straight years, two-thirds of respondents indicated that saving for one is difficult right now," says Yun. "Rents and home prices have outpaced incomes in the past few years, and this is undoubtedly impacting their ability to put aside savings for a home purchase, even if they increasingly believe it's a good time to buy. Heading into next year, higher home prices and limited inventory in the affordable price range will likely continue to hold back a share of renters who would prefer to be homeowners."

© 2017 Florida Realtors

Here We Grow in Flagler County!

(Published on - 9/5/2017 2:44:41 PM)



It seems as though Flagler County continues to grow!  We can credit much of our growth to the Department of Economic Opportunity (FCDEO), founded by the Flagler County Board of County Commissioners in 2011 when our unemployment rate was over 12% - the highest in the State of Florida.  


Flagler County Milennial & GenZ populations, have the highest growth rate in the area - 11.4%.  The county has a high percentage of the 20 to 65 year old age group as well - 51% 



US News and World Report named Palm Coast 9th in the nation for home ownership. Flagler boasts a 2.7% population growth year after year, with a 9% population growth over the last 5 years!




As you can see the unemployment rate in Flagler continues to drop as the Flagler County Department of Economic Opportunity works to create jobs.


The FCDEO employs three methods to facilitate the creation of jobs and foster capital investments:


Attraction of new companies to the area (business recruitment)

Growth/Expansion of existing firms within the area (business retention & expansion)

Creation of new entities (entrepeneurial development)



Where does Flagler County work? Our top employers are a mix of public and private sector jobs: Flagler County Schools, Florida Hospital Flagler & Searay Boats.  The top growing industries in Flagler are construction, business & financial services and leisure & hospitality services.



In addition to our steadily growing employment rate and top-ranked schools and businesses, Flagler County is home to many entrepeneurs. These entrepeneurs can now have their own office space at the beach, thanks to a new company, Ripple Coworking. This 19 office coworking space provides shared common areas, high-speed internet and a front desk reception area.



If you've ever asked yourself, "Why Flagler?" The answer is very simple - because you CAN have it all!  Visit or download the app!


To read the full report, Flagler County EDC Economic Report


Click here to search property in Flagler County!




9 River Oaks Way Palm Coast FL

(Published on - 8/21/2017 6:08:56 PM)






River Oaks Way Palm Coast

Gorgeous Newer (2015) Saltwater Homes Model with many upgrades!

Tile Roof, Paver Over-sized Driveway, Manicured Lawn inside a Gated Community along scenic A1A.



Open Floor Plan for entertaining, lots of natural light with 3 stack sliders to over sized screened enclosed brick paver lanai.  Community Dock~

Come see the upgrades & beauty that won't last long! 






This home is located between Flagler Beach and the gorgeous Intracoastal River—the perfect location! If you love to travel or fly, you’ll be only 12 miles from the Flagler County Airport and a short drive to OIA, JAX and DAB.




In Palm Coast you can enjoy a multitude or parks and trails, only a mile from this home you'll find Washington Oaks Gardens State Park.  The land has a rich history dating back to the Native Americans and Spaniards before Florida joined the United States.  









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