Market Update for August 07
Pictured Above: 3060 Windermere Drive. 3400+ sqft, 3 bedrooms, 3 baths in the heart of Pensacola for $424,900. Visit the link on the right side of the page to find out more about this super home.
Market Update
I promised I'd get the August Stats out to you as soon as they were officially released. Not much has changed. Here are the stats for August 2007:
http://pensacolaassociationofrealtors.com/STATISTICS.htm1. Active Listings have declined to just below 7000. That is an encouraging trend. Ideally, I'd like to see that number below 4000.
2. The Average sold price remained fairly constant. However, recent Real Estate news of a negative nature (the mortgage industry) will likely drive the Average Sold Price slightly lower. In fact, looking back to 2005 and 2006, the average sold price is nearly unchanged... slightly up in comparison to 2006 and almost exactly the same as 2005.
3. The total number of sales remained constant at around 470. Excluding 2005 and 2006, this is a fairly normal number of sales for our area. It will be interesting to see how the tightening of lenders belts effects the availability of buyers in the coming months. September will not be a good barometer due to the fact that it is usually a slow month. However, October and November will be the months that are most likely to reveal the effects of the current market.
I've received a couple of additional e-mails from industry experts regarding the current state of affairs in the mortgage industry and its expected effect on the Real Estate market. Most expect a continued "correction" in the market lasting approximately 12-18 months. I personally think the correction in our local market will be shorter than 12 to 18 months. But, it is hard to say. I certainly do look for prices to continue to decline slightly as desparate sellers and aggressive buyers continue to set the tone in the market. But, I don't think that the effect will be drastic. Nevertheless, sellers in all areas will find it necessary to offer a very competitive property at a very competitive price in order to get their homes sold.
If you are a potential buyer, I suggest you chose a lender carefully. Use one the bigger more established lenders, or a a local bank or credit union when you begin to look around. Because of the need for more documentation and verification of income and assests, buyers will find the loan process a bit more tedious. In spite of that fact, buyers will easily be able to find a good loan at a good rate from a reputable lender.
President Bush Urges Congress To Act
"Mortgage foreclosures and late payments are expected to worsen. Some 2 million adjustable rate mortgages are to reset to higher rates this year and next."
So says an article which was posted today on Yahoo Finance. Here is a link to the article which suggests that President Bush is going to propose some sort of assistance to homeowners who have been hit by increasing interest rates, as well as the downturn in the housing market.
http://biz.yahoo.com/ap/070831/bush_housing_slump.html?.v=1The market will continue to correct itself and, as a result, a great buyer's market will become even better.
Chandra Toop on the "Liquidity Crisis"
It's all over the news and the papers, the "liquidity crisis" in the mortgage industry.
You may have even heard about dry closings where loans didn't fund and loan products disappearing or changing causing buyers to no longer qualify. Everywhere I've been this last week I've had people asking me,"What the heck is going on ? ? ?"OK - I'll do my best to explain in layman's terms a pretty complicated process to help you understand what's happening. ...
There are two types of mortgages: Conforming loans are your FHA, VA & Conventional. They conform to certain guidelines set out by the government sponsored entities Fannie Mae and Freddie Mac and the VA and Dept. of HUD. Non-Conforming loans are everything else. These are the "Sub-Prime" loans for folks with credit issues, "Alt-A" loans for borrowers with good credit but other special needs such as stated income and/or assets, no downpayment, etc, and "Bank Portfolio loans" which is when the bank lends it'sown money.
The problems started earlier this year when sub-prime loans started having higher delinquency and foreclosure rates. As the year progressed...the Alt-A market began seeing delinquencies rise as well. Alt-A is where the problems are now. Hang in there with me - it'll start to make sense in a few minutes.
How the mortgage industry works: With the exception of Bank Portfolio loans, all other loans are sold regardless of who the customer is making their payments to.
#1 Customer gets loan from mortgage bank or broker.
#2 Bank or Broker sells that mortgage to secondary market investors likeFannie Mae, Freddie Mac and other institutions.
#3 Secondary Market investors package these mortgages as "securities" orbonds which are then sold on Wall Street to individual investors, mutual funds and others.
It usually takes around 60 days from the time a loan closes for it to reach Wall Street, which is an extremely important point to remember - keep hanging in there with me.
The banks that made the Alt-A loans set the rates based on what they were accustomed to the Wall Street investors paying for them, and built in a small profit for themselves. Wall Street investors started getting nervous about the amount of risk they were taking [
with Non Conforming loans - Alt A, etc] and demanded higher rates. The big problem for the banks is that once a loan is closed they can't go back to the customer for more money [
ie. higher interest rates or increased origination fees underwriting fees, etc], so rather than selling the loans at a small profit [
as they had hoped to do] they were forced to take huge losses -on every loan [
presumably because investors were willing to pay less for the loan than the lenders expected, which resulted in a loss of money on each loan rather than a small profit on each loan]!
Think about this . . .Thousands of loans, millions of dollars of losses per day! For 60 days! Remember that's how long it takes to get the loan to the investor after closing so the banks have 60 days worth of loans they've already made that they have to sell at a loss. The bank very quickly uses up the reserves it has - then has to decide if it can afford to borrow enough money to stay in business for the next 60days and if so - is that a smart business decision?
That, my friends is a "liquidity crisis". That is why so many lenders have closed down or cut back and why programs for your buyers [
the more creative programs, more risky programs, programs which are less stringent on buyer's financial condition] are disappearing by the hour .
There is so much more to this. You need to know what kinds of financial institutions are or will be affected. You need to know what factors affect interest rates and what direction they'll be moving in. Those things I'll have to save for later in the week or first of next because this has been long already. Be sure to read the FAQ attachment - it's very helpful. Feel free to share this email and if you'd like for me to come by your office to talk to the group just let me know and we'll get something scheduled.
If you have buyers that need my assistance - I'm just a phonecall away. Peoples First is not one of the lenders at risk so I promiseI'll be here tomorrow, and next week and next year (Lord willing - as Papawalways says).
Contact Chandra of People's First Community Bank at 850-916-8105.
Real Estate Market Update July/August 2007
Finally! A Real Estate Market Update! This is long overdue. Please accept my apologies.
Many of you have heard the reports and are wondering what's going on with the recent much publicized mortgage malady. If so, you are probably wondering how will it effect the Real Estate Market. I've heard from a number of experts in the Mortgage industry and I'll post a letter from one such friend/expert very soon.
My own opinion is quite simple. A glut of mortgages, refinancings, equity lines, etc. were issued during the unbelievably awesome Real Estate market of 2004 and 2005. Homeowners saw an opportunity to cash in on the equity in their homes by refinancing/selling/purchasing at the higher market value, and/or by taking out huge equity lines of credit on their homes. Of course, all of this was fueled by the law of supply and demand. A shortage of homes for sale, coupled with high demand throughout 2004 and much of 2005 caused home prices to skyrocket. As prices increased to an unrealistic level, the tables soon turned, and, by 2006 we began to see inventory increase, sales decrease, interest rates creep up, days on market creep up and prices begin to fall.
2007 has largely followed suit. However, a stabilizing of the market seems to be in effect. We've seen an uptick in sales, a down-tick in available listings and only a slight drop/stabilization in the price of homes. Will this continue?
Back to the mortgage malady. The problem for some who bought/refinanced/took out equity lines in 2005/2006 is that they are not able to sell their homes at a price that will allow existing mortgages and equity lines to be paid off. Adding to the pressure on homeowners, is higher property taxes, higher insurance premiums and increased interest rates that have occurred as variable interest rate loans have reached maturity. Some of these folks have had to face foreclosure. The bottom line, mortgage companies have had to absorb the losses and some have been unable to do so.
How will this effect you the buyer or seller? The news is not all bad. In fact, I think it will have a net positive effect in the long term. In the short term however, buyers tend to be "scared off" by unsettling news. Whether it is news of war (last year saw a tremendous lull during Israel's invasion of Lebanon), terrorist acts, or some other global newsworthy event, buyers are distracted by news. The news in the mortgage industry is sure to cause buyers to pause for a moment before moving forward. So we may see some of the recent market trends encounter a slight bump in the road. However, when the news dies down, and buyers realize that folks are still buying and selling, they will return.
Although lenders have tightened their belts a bit, the average person is still obtain financing at reasonable interest rates. In fact, I've had more buyers this year than I had all of last year. All the while, the fat is being trimmed and we are correcting towards a more healthy market environment.
More good news... Sellers who have the ability to adjust to the changing market are cashing in on this environment. It is still a good time to sell. I closed on a home today which the sellers bought in May of 2004. Back then they paid about $150K for it and they closed on it today for $225K! Now, that's not bad at all! These folks are taking the proceeds and retiring to their farm just outside of Atlanta, GA!
So, is it a good time to buy? You bet. Especially since there are SO MANY homes on the market! By and large, homes are much more reasonably priced than they were even 3 months ago. Even so, in most cases buyers are still able to dictate the terms of the sale, especially on homes that have been on the market for awhile. Many sellers are desperate and MUST SELL! So the patient buyer (depending on the type of financing and assuming the seller is willing to make "seller concessions") may even be able to purchase a home and bring NO MONEY to closing. That happened to one of my buyers (VA 100% financing) at the end of July... they even got their earnest money deposit back!
One big number worth pointing out before I close. The number of available listings continues to decline! At last check there were just over 6800 active listings which is down approximately 200 from last month. That is encouraging. I'll have more on the numbers in my next update, which I hope will not very many days from now. Just after labor day, I'll provide an update on the current market trends.
For now, let your friends know that you know a good trustworthy Realtor who knows how to list and sell in this market, and who'll be glad to assist them in their next Real Estate need!
Tom Robertson
"In Him we live and move and have our being."
Here are the latest stats from Pensacola Association of Realtors Multiple Listing Service. While not much as changed, there are a couple of things that are worth noting. Before I do that, take a look at May's and June's stats.
http://pensacolaassociationofrealtors.com/STATISTICS.htmThe first thing to notice is the number of active listings. As you may remember, I predicted that we may see 7000 active listings by the end of May. At 6931 we were close. We actually hit the 7000 mark sometime in June and finished the month with 7007 active listings. I also mentioned that the number of sales usually increases
substantially throughout May, June and July. While sales certainly increased, the numbers were not very impressive. I also mentioned that I expected to see the average sales price remain steady over the next several months. The month of May saw a significant decrease in average sales price from April's surprisingly high numbers, while June saw a slight increase over May.
The most significant numbers to note are to be found in the number of sales and active listings for June. While the increase in the number of sales wasn't dramatic, it was steady. And while listings increased from May to June, the increase was minimal compared to past months. If the number of buyers remains constant, we should see the number of listings start to decrease slightly over the next several months. Prices should remain fairly constant, and may decrease ever so slightly over the next several months.
Supply remains high, and demand remains constant. I expect the current buyers market to continue for at least another 6 months to a year. That means we are likely to continue to see a slight decrease in prices.
Buyers have the upper hand in this market. Sellers need all the ammo they can muster to win in this highly competitive market. Both need a good Realtor to navigate these challenging waters.
Drop me a line or give me a call if you'd like more information about buying or selling in this market. As I've said in the past, there are great deals to be had for buyers. Sellers who've owned their homes for more than 3 years, are in a great position to sell and cash in on huge profits.
Feel free to leave a comment.
God bless,
Tom
Real Estate Market Update for May '07
What a beautiful day! It is 10:30 AM and a comfortable 70 degrees... Great day to catch up on a little yard work. If you have a moment feel free to browse my Devotional Blog at:
http://www.apilgrimspath.blogspot.com/Here are the April Stats. No real surprises here. There was a slight decrease in the number of sales from March to April, but this is rather typical. Listings usually slow down in January and February, so we shouldn't be surprised by a drop in sales (closings) in April. However, listings rise sharply in March, April and May. So, if history is a good indicator, we should see a rather large increase in the number of sales in May, June and July. I'll have a few more observations below.
APRIL 2007 STATISTICS
http://pensacolaassociationofrealtors.com/STATISTICS.htmHomes that are priced right are selling well below the area average of 128 days on market. Lord willing, the listings that I'll close on this month will have been on the market an average of around 60 days.
There are still a lot of homes to choose from. Will we hit the 7000 active listings mark in May? You might remember that back in March I said that if the current trends continued we might see 7000 active listings in May. We will see.
Average sold price actually increased in April. Lets see what it looks like in May before we call this a trend. My guess is that it will be near the same price. Overpriced listings have been reduced in price and are now selling. This will likely hold the prices steady at least, and may even help to push the average sales price up a bit. The median sold price remains fairly constant at or near $165K.
The same things I have been saying are still holding true. If you bought before IVAN, you are in good shape and stand to make a very nice profit when you sell. And there are so many homes to choose from, you are sure to find the perfect home when you get ready to buy. And, by the way, interest rates remain low.
I have a great home in North Harbor at a great price. If you know of someone who needs an immaculate 4 bedroom home in Pace with a pristine workshop or craft shop, on its own foundation, and huge covered patio for entertaining send them my way!
Here's the link:
http://parmls.com/PcolaReports/listings.asp?ID=2476063683Hope you all have a great weekend.
His by grace,
Tom
"Reaching Forward to What Lies Ahead..." Phil 3:13
Tom Robertson, Sales Associate, Coldwell Banker JME Realty
Direct line: 850-324-7109; Fax: 850-479-4853
loan pre-approval 866-728-4691 www.tomrobertson.com
Real Estate Market Update for March '07
This was published via e-mail in April '07.
The blast of cool air was nice, but, 78 degrees and sunny skies is much more conducive to fun in the Pensacola sun!
Here are the latest stats from Pensacola MLS. Understand that these numbers reflect single family homes, condo's, town homes, homes under construction and homes yet to be built. That being said, it really doesn't matter what data we are including as long as we use the same data each month and each year. We are simply looking at trends in the market over the last several months and years. I am not an economist. I am not a prophet or a psychic. I am simply making these stats available to you.
All that being said, here are the stats! I think you'll notice some encouraging trends. I've included February's stats to keep you from having to dig back through your e-mail or trash bin for a comparison.
http://pensacolaassociationofrealtors.com/STATISTICS.htmHere's what I noticed:
1. The number of available listings at the end of March 07 increased a mere 152 over the previous month's total. Comparatively, March 2006 saw an increase of a whopping 500 available listings over the previous month. That is good news. The rate of increase in the number of listings is lessening!
2. There were 109 more sales in March 07 than there were in February. The March '06 total saw an increase of only 82 sales over the previous month. This also is good news. Let's hope this trend continues!
3. More good news! The average sales price dropped only slightly over last year's total. In my last update I stated that I would not be surprised to see us move downward and closer to the average sales price of March 05... and we did. March 05's average was $181,844. March 07's average was $183,959. We are only $2115 above the March 2005 average. I think this is significant. I hope this indicates that we are near the bottom of the downward spiral.
4. A look at April 06 reveals that the average sales price increased substantially over the previous month. I do not think we'll see that same substantial increase in April 07, due to the fact that supply still far outpaces demand. However, the encouraging news above gives me hope that April 07 may see a stabilization, if not an ever so slight seasonal increase in sales price when compared to last month.
Have we turned the corner? We'll need a few more months of stats before we can tell for sure. But, I am optimistic. I've been hoping to see some good signs in the market and it sure looks promising. But, we'll have to give a bit more time before I start jumping for joy!
If you are thinking of buying, this is very much a buyer's market. Rates are still low! And, because there are so many nice homes to choose from, you are sure to find the right home for the right price!
As I've been saying to those who are thinking of selling, if you bought prior to the run-up that began in mid/late 2004, you are sitting pretty. You stand to make a very nice profit on the sale of your home. And when you do, you'll have a great opportunity to downsize into that low-maintenance Patio home you've been dreaming about. Or... maybe its time to up-size into that larger home for your growing family!
Whatever your particular Real Estate need, I'm here to serve you. If you have any questions, or if you know someone who needs a good Realtor, please call or e-mail!
Hope you all had a great Easter! As always, please take a look at these listings and forward them to anyone you thing may be interested.
Details 325227, 3980 HARBORS PORT ST, PACE, FL - $239,900.00
Details 325065, 5615 WHISPERING WOODS DR, PACE, FL - $209,900.00
Details 322774, 5608 WHISPERING WOODS DR, PACE, FL - $224,900.00
Details 324104, 7201 SCENIC HWY, PENSACOLA, FL - $569,900.00
Or
Click Here to go view all listings at once. If your email program doesn't support an HTML url, then copy and paste the following address to your browser's address box. Make sure you copy and paste the entire link; it may appear on multiple lines.
http://parmls.com/PcolaReports/listings.asp?ID=2475859499God bless you and yours,
Tom
"Reaching Forward to What Lies Ahead..." Phil 3:13
Tom Robertson, Sales Associate, Coldwell Banker JME Realty
Direct line: 850-324-7109; Fax: 850-479-4853
loan pre-approval 866-728-4691
www.tomrobertson.com
Real Estate Market Update for February 07
Hope you all are having a great day. The weather in Pensacola is heavenly. We'll see a high of about 72 degrees today with bright sunny skies.
Here is another Real Estate Market Update. Take a peek at the numbers for yourself. Then I'll make a few comments to put it in perspective. Here's the link to the latest stats:
http://pensacolaassociationofrealtors.com/STATISTICS.htmA few observations:
1. There are still a ton of homes on the market. There are more homes on the market right now (6648 as of this morning, March 8th) than there were during any month last year. This number will go up as the spring selling season unfolds. I would not be surprised to see active listings hit near the 7000 mark by mid May.
2. Days on market are directly proportional to the amount of listings on the market. As the number of listings increase, the number of days on market increase.
3. The average price of a home fell about 5% when compared to January. But, when comparing previous years, a drop in sales price from January to February is not uncommon. Hard to say why this is the case, but, I'd speculate that those homes that did not sell prior to the New Year, made significant price reductions in January to "get it sold."
4. There were a few more sales in February than in January. That is almost always the case. Less contracts are written over the Christmas and New Year Holidays. That translates into fewer sales in January.
5. Compared to February 06... Avg Sold Price dropped 13%. There was a 19% drop in the number of sales. The number of active listings rose by 23%.
Putting it all together. I think we are still seeing a correction in pricing. If the Law of Supply and Demand holds true, then we should not be surprised by a further slight decrease in pricing. When will it stop? I hope we are reaching that point. At this moment we are very close to Feb 2005 average sold price. I just took a peak at March 05's average sold price... it is $181,844. I wouldn't be surprised to see another slight drop toward that number...but, nothing drastic.
Still, supply is far exceeding demand. So what I've been saying all along is that those sellers who bought prior to the dramatic increases that began occurring around mid-summer '04, are in a prime position to price their homes aggressively, make a huge profit and then turn around and find the "pick of the litter" from the large inventory of homes on the market!
So, if you or someone you know is thinking of buying or selling, please tell them that you know a great Realtor who can be trusted and who will serve them well!
If you know of someone who would like to be included, please feel free to forward this to them, or have them visit my web site at
www.tomrobertson.com and drop me a line.
Sincerely,
Tom Robertson
Real Estate Market Update Jan 07
Market Update from Jan 07. I had trouble trying to paste the stats into this one.
Hi all,
Here is a quick update on Real Estate in the Pensacola area for the beginning of 2007. Following the statistics below, I've included some thoughts on what it all means and what we might expect in the coming year.
Thought you might interested in comparing January 2006's statistics to January 2007's.
[couldn't figure out how to cut and paste the table]
That represents a 10% drop in the Average Sold price and a 32% drop in the Median Sold price! Wow! Neither of these drops are insignificant. The median price indicates that the most frequently sold homes in Pensacola are in the $130,000 price range vice the $190K price range of a year ago. The problem with this is that the average list price of a home in Pensacola is much higher than $130,000. Having been out looking these past several weeks for homes under $150K, I can tell you that there is not much to choose from.
Bottom line: The market is saturated with listings that exceed the financial capability of the average Pensacolian. Therefore, even though rates remain constant at around a very good 6%, or so, on a 30 year mortgage, we will continue to see Days on Market increase, Sold Prices decrease, and foreclosures on the rise. A Lawyer friend of mine whose company deal in Real Estate Law and processes bank foreclosures told me that for one particular bank whom they service, they performed only 1 or 2 foreclosures all of last year. This year, they have already processed 5! If these trends continue, things are going to get real interesting this year.
And so what I've said previously remains true as far as I can tell:
1. Buyers who don't mind shopping around and being patient, will find an occasional good deal. There are sellers who MUST SELL and will be more willing to deal as there days on market climb and as the next mortgage payment looms.
2. Sellers, who have owned their homes for more than 2 or 3 years (bought prior to the escalating prices of late '04 and '05 and avoided the temptation to refinance), and who are willing to price their homes aggressively, below market, are poised to sell their homes in well under the DOM average and make a very nice profit.
3. If you are thinking of buying and you've owned your present home for a while, sellers are much more likely to accept an offer contingent on the sell of your home. This was not the case a year of so ago. Sellers had the upper hand and could demand and receive a full priced offer with no contingencies. Not so any longer! So, find a home you like, negotiate a "buyer friendly" deal, then price your own home aggressively and move into your dream home within a couple of months!
Hope this was helpful and informative.
His by grace,
Tom Robertson
Sep '07 Real Estate Update
Here is a combination, Devotional/Market Update that I published via e-mail back in September of last year. I now publish these separately on two different blogs. My devotions are now published at
http://www.apilgrimspath.blogspot.com/ if you are interested in reading and commenting there.
Reaching Forward Devotional/Market Update September 06
A friend once told me, "God directs the boat, Tom, but you’ve got to row." So very true. The Apostle Paul made plans to carry the message about Jesus Christ to places that had never heard about Christ. With much prayer and the prayer of friends he acted on that plan. Things did not always go as planned. On one occasion he attempted to go to Asia and spread the Gospel of Christ, but kept finding himself blocked at every turn. One night he dreamed about a man from Macedonia (modern day northern Greece) who was asking for help. Paul and his missionary companions concluded that they were to sail to Macedonia with the good news of Jesus Christ. The result? Many came to faith in Christ and a new church was established, which served as a launching point for evangelism for all of Greece and eventually Italy. Paul did not plan on Greece and Italy when he set out for Asia Minor. But, he rowed the boat and God directed him to an even more incredible mission which bore, and is still bearing, tremendous fruit (you can read the story yourself in the Bible beginning in Acts 15:36 and continuing to the end of Acts). The point is this, keep rowing, even when things don’t go as planned, and as long as you are rowing for God, God will direct your life as surely as He directed Paul’s and much fruit will be borne.
The Real Estate market in Greater Pensacola has changed. There are over 6000+ active listings on the market at present as compared to about 1000 a year and a half ago! Given the high demand and diminished inventory, prices were inflated after Ivan, but are now stabilizing. You may know of someone who is thinking about buying, but is concerned about the changing market. Tell them to keep rowing, there are great deals to be had. If you or someone you know is thinking of selling, "Row on!" Buyers are coming back into the market now. Your buyer may be rowing to your home as we speak. Let’s get it on the market!
If you don’t know me, you can find out more about me, my career in the Marine Corps and my philosophy in Real Estate at
www.tomrobertson.com.
Sincerely,
Tom Robertson
May 2006 Real Estate Update
I published this via e-mail back in May of 2006. I'll be interested to compare May's 07's stats when they come available early in June!
Just wanted to let you know that we are in a BUYERS market. The likes of which we've not seen in many years. Listings are up 400% over last year. Sales are down 27% over last year. The law of supply and demand is a work once again. Only this time it is benefiting buyers!
I just helped a lovely couple negotiate a contract for over $40K off the listed price. It is a great time to buy!
Interest rates are still pretty good. Rates are hovering around 6.5% or so.
I would love to help you or your friends buy a home in this great buyers market.
Last year, about this same time, sellers flooded the market with a lot of over priced homes. Buyers revolted. Prices are on their way back down and buyers would do well to get back into the market now!
Before Ivan hit in September of 2004, I was advising sellers, as early as March of 2004 to put their homes on the market due to a dwindling supply and high demand. Prices were on the upswing and a seller could expect multiple offers on a reasonably priced home. Those days have ended. Buyers now have several homes to choose from. They can make an offer on a home, and if it is not accepted, they'll simply move to the next one on the list. Bottom line, great deals are ready to be had. Many sellers, both resales, and new homes are offering incentives to buyers in the form of closing costs and other extras!
It works the same with condo's. A man recently offered ridiculously low offers on 9 multimillion dollar condos, the one that responded with the best counter offer was the one he bought. He sealed the deal for hundreds of thousands below list price!
If you have friends who are thinking of investing or buying a new home, you should send them my way. I'll take care of them and make sure they are getting the best home for the best price!
I'd be happy to work with your friends who are thinking of selling as well. They'll need a top notch Realtor in this market. The days of hiring the "average Joe real estate agent" are history. I'll give them top notch marketing and top notch representation.
Thanks for the referrals. Give me a call or drop me an e-mail.
God bless,
Tom Robertson
Pensacola Real Estate Blog
Welcome to Pensacola Real Estate Blog! If you have a question , or if you would like to post a helpful suggestion about buying or selling real estate, then this is the place for you. I'll be bringing you the latest information on the Pensacola Real Estate Market on a regular basis. If you have a specific question about your home, fell free to ask!
While here please peruse the helpful links on the side bar. You'll find important information that every buyer and seller should know. Estimate the monthly payment on your next home or find out which school your child might attend for a particular address.
If you have time, check out one of the links to my favorite Christian Bloggers. Just sit back, relax and blog away!
His by grace,
Tom Robertson
