Rosemary Beach Short Sale 10 Scout Lane as Craig's Top Distressed Property Pick February 22 2010

Under Contract 07/19/2010! Short Sale Reduced to $799,000 call 850.259.1788!

Rosemary Beach is one of the most exclusive and premier developments on the Emerald Coast. If you are looking for the best in Luxury Coast Living, Rosemary Beach is the place to be…and with historically low home prices it is the place to BUY in 2010. Home sales in Rosemary Beach were stagnant the first half of 2009 as home values adjusted to rock bottom prices. January 2010 saw a surge in home sales in Rosemary Beach that topped home sales in all communities along Scenic 30-A and had more homes sell in January then in the first 6 months of 2009!

Rosemary Beach currently has 7 Luxury Homes under contract at the time of this post. This week's Top Distressed Property Pick is a Short Sale in Rosemary Beach and is 10 Scout Lane. This a Bank Approved Short Sale where the price has already been approved by the lender.

Rosemary Beach Homes and Condos for Sale

Rosemary Beach Distressed Property for Sale

Rosemary Beach Market Analysis and Market Snapshot

10 Scout Lane in Rosemary Beach

10 Scout Lane is one of the best distressed deals on Rosemary Beach. This home is on the North side of Rosemary Beach near the Butterfly Park and close to the Cabana Pool and Kingsbridge Park. The home is brand new and ready to go. The interior finishes are somewhat understated for Rosemary Beach, however, they can easily be upgraded and enhanced by a savvy buyer that gets this property for a steal.

10Scout Lane in Rosemary Beach
Currently offered at $976,000
3,127sf
$312/sf
6 Beds
7.5 Baths

If you are interested in buying a luxury home in Rosemary Beach or if you are interested in Team Baranowski listing your home. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.

Rosemary Beach Foreclosure 69 Johnstown Lane as Craig’s Top Distressed Property Pick for February 5 2010

Rosemary Beach Foreclosure 69 Johnstown sold $985,000 April 2010!

Rosemary Beach is one of my favorite places on Scenic 30-A to enjoy the best of what the Emerald Coast has to offer. Friends and families converge in Rosemary Beach’s downtown that defines the casual beach lifestyle with quaint restaurants, cafe’s, and shopping. Rosemary Beach’s architectural inspirations come from the West Indies that can be viewed by walking its meandering pedestrian paths and boardwalks that lead to some of the most pristine white sand beaches along the Emerald Coast. Homes sales in Rosemary Beach for 2009 were stagnant, but a recent surge in sales in January 2010 has sparked a new flame of interest from savvy buyers who can appreciate all that Rosemary Beach has to offer.

69 Johnstown Lane in Rosemary Beach is a Bank Owned REO and tops my Distressed Property pick for the week. This 4,100sf home is a steal at $329/sf considering most homes cost more than $400/sf to build in Rosemary. As one of the top destination along the Emerald Coast, Rosemary Beach enjoys a strong tourism season throughout the year bringing significant rental revenue to investment homes and the second home market. This in combination with Rosemary Beach’s world wide notoriety and special financing by the bank of 3.5% interest rate makes 69 Johnstown Lane an excellent investment opportunity.

Rosemary Beach Homes and Condos for Sale

Rosemary Beach Distressed Property for Sale

69 Johnstown Lane in Rosemary Beach

Rosemary Beach Luxury Home Market Analysis and Market Snapshot – This detailed report will give you a breakdown of the homes sold in the last 3 months, their days on market, current inventory and much more. It is an excellent resource if you are looking to buy or sell in Rosemary Beach.

This home leaves nothing to wish for…Top quality finishes and amenities abound. With the Cabana Pool just outside your private courtyard the best of Rosemary Beach is just a few steps away.

Features include 2 car garage, huge kitchen with top of the line Viking appliances, 48″ professional gas range with griddle, double ovens, custom built-in bar with carrera marble, wine refrigerator and ice machine, travertine floors, honed absolute granite and plenty of custom cabinetry. Main level master suite offers 2 master baths, steam shower, roman soaking tub, and large closets.
Seller financing – 30 Year Loan-5/1 ARM; 10.1% down, 3.5% RATE up to 475k and 4.5% over 475k!
69 Johnstown Lane in Rosemary Beach
$1,350,000
4,100sf
$329.26/sf
5 Beds
6.5 Baths

If you are interested in buying a luxury home in Rosemary Beach or if you are interested in Team Baranowski listing your home. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.

Podcast 30A Radio – Real Estate Round Up: Rosemary Beach Luxury Home and South Walton Survey Results, July 10 2009

30aradio_real_estate_roundup_podcast_small1Podcast #7 of Real Estate Round Up, South Walton’s Real Estate News hosted by Craig and Tracy Baranowski on 30A Radio. Weekly broadcast is at 9am CST on 107.1FM in beautiful Seaside Florida, visit www.30aradio.org for a complete program guide. This show covers: South Walton Market Survery from Seaside 4th of July Parade, a beautiful Rosemary Beach  Home as Tracy’s Top Luxury Pick of the week, a  Grayton Beach Home as Craig’s Top Investment and Distressed Property Pick of the week,  recent events in South Walton 30A Area, National Real Estate News, and Celebrity Real Estate News.

Most homeowners think real estate market has hit bottom

Many homeowners have a clear understanding of what has happened to the values of their own homes over the past year. A majority (60 percent) believes their home lost value during the past 12 months, according to the Zillow Q1 Homeowner Confidence Survey. The truth is that 80 percent of homes across the country have lost value during the past 12 months, according to Zillow’s first quarter Real Estate Market Reports. Analysis of home values in Walton and Bay County including areas of South Walton, Panama City Beach, Destin, Seaside, Rosemary Beach, Grayton Beach, Santa Rosa Beach and Seagrove Beach also support these numbers.

Another interesting point is that 18 percent of owners believe their home had gained value in the past 12 months, and 22 percent believe its value remained the same.  .

It appears that there is hope for the future as most homeowners – 74 percent – believe their home will not decline in value in the coming six months, effectively calling a bottom to their own home’s housing slide. Many experts in South Walton have also suggested that we are finally reaching are flattening out at the bottom of our market. We are seeing prices stabilize in key areas including WaterColor, Seaside, Rosemary Beach and Santa Rosa Beach. Inventory of aggressively priced distressed properties in Walton, Okaloosa and Bay County are being quickly snatched up and moved out of inventory.  More optimism with the market shows that one in four homeowners (27 percent) think their home’s value will increase in the next six months, while nearly half (47 percent) believe their home’s value will remain the same. Homeowners were similarly optimistic when it came to predicting home values in their local markets. About two-thirds of homeowners believe home values in their local markets will increase (26 percent) or stay the same (37 percent) over the next six months. Thirty-seven percent believe home values will decrease.

The survey results also suggest that many Americans would like to sell their home but are waiting for a market turnaround to do so. When asked about future plans to sell, 31 percent of homeowners said they would be at least “somewhat likely” to put their homes on the market in the next 12 months if they saw signs of a real estate market turnaround.

“The perception of American homeowners is finally catching up to reality, which is that 80 percent of all homes in the country lost value during this past year,” says Dr. Stan Humphries, Zillow’s vice president of data and analytics. “While homeowners are now more realistic when looking backward, they are still pretty starry-eyed when looking forward, with three out of four homeowners believing that their own homes’ prices will increase or be flat over the next six months. Unfortunately, there are few markets we expect to perform this well.

“Also interesting is the information we have for the first time this quarter on the levels of ‘shadow inventory’ – homes that people would like to sell but that aren’t currently on the market, and thus aren’t captured in the official number of homes on the market,” Humphries says. “With almost a third of homeowners poised to jump into the market at the first sign of stabilization, this could create a steady stream of new inventory, adding to already record-high inventory levels, thus keeping downward pressure on home prices.”

Download a copy of the Q1 2009 Homeowner Confidence Survey by Zillow.com