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Pensacola Realty Masters Blog

Realty Masters is happy to present the following Pensacola area community and Pensacola real estate information! 

Milton & Pace Real Estate Market Update
07-14-2020
Lindsay Scapecchi
Market Update
07-14-2020

Let’s talk about Milton and Pace real estate market trends over the past year.

Here's the Milton, Florida Real Estate Market update.

  • Median Home Value: $178,000
  • Over the most recent 12-month period, Milton is in the green with an increasing home value of 7.14% and increase of 13.25% in the last 24 months. 

Milton real estate market update chart with stats

Here's the Pace, Florida Real Estate Market update.

  • Median estimated home value in Pace is $219,000
  • Pace, FL is showing even higher increase of 8.26% in the home value over the last 12 months and 12.65% over the last 24 months. 

Pace Real Estate Market update map and stats

This is good news for Pace and Milton homeowners. If you are not planning on moving, it means you are earning more equity in your home. If you are planning to sell, chances are you can probably sell at a profit. The average days on the market is less than a month in both of these areas.

We're sure that many of you are wondering how the COVID-19 virus is affecting the buying and selling of homes in our area. In fact, over the last 3 months, both Pace and Milton real estate have remained strong with positive equity increase, a decrease in number of days on the market, and an increase in number of real estate sales.

Are you interested in purchasing a home in Milton or Pace? Browse Pace and Milton area homes for sale on our sales website at www.RealtyMastersofFlorida.com

The Realty Masters of FL Team

#1 in Pensacola Property Management and Leasing!
Rental Office 4400 Bayou Blvd. #58B, Pensacola, FL 32503  (850) 473-3983 www.PensacolaRealtyMasters.com
Sales Office 4400 Bayou Blvd. #52B, Pensacola, FL 32503  (850) 453-9220 www.RealtyMastersofFlorida.com

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2020 Home Design Trends
07-13-2020
Lindsay Scapecchi
Design Trends
07-13-2020

Whats trending? 2020 home design trends

Nonwhite Kitchens- We all know that white kitchens have been all the rave for a very long time. While they are still popular we are seeing an increase in colored cabinets. Colors are ranging from soft greys and pastel blues to bold navy blues and black. Some are even combining the two tends with the colored lower and white upper cabinets.

Rustic/ Antique accents- Locally the “farmhouse” style seems to be the most popular the antique look goes beyond the country feel.  Antique lighting fixtures seem to be the most popular. The combination of new and old creates one of a kind spaces.

Bath Tubs- One of the biggest selling features in a home besides the kitchen is the master bathroom. The new trends are showing that more people prefer the freestanding tub. If you want to take it over the top you can even put the freestanding tub into the oversized shower like one of our recent sellers.

Bathroom Tiles- Like we mentioned before the Master Bathroom is a huge selling feature so many sellers are choosing to use bold tiles to leave an impression. While accent times have been around for a while these have taken it to the next level. In small bathrooms they are commonly seen on the floor while in the larger bathrooms you can find them on an entire wall.

Formal Dining- For a while we were seeing that the formal dining space was going away. It seems that trend may be coming to an end as more people are choosing to use the dining space as a staged room.

The Realty Masters of FL Team

#1 in Pensacola Property Management and Leasing!
Rental Office 4400 Bayou Blvd. #58B, Pensacola, FL 32503  (850) 473-3983 www.PensacolaRealtyMasters.com
Sales Office 4400 Bayou Blvd. #52B, Pensacola, FL 32503  (850) 453-9220 www.RealtyMastersofFlorida.com

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Pam Keen on the Rental Income Podcast
03-05-2020
Nicole St. Aubin
Real Estate Investments
06-04-2020

Our broker and fellow real estate investor recently appeared on The Rental Income Podcast! Listen to her 20 minute episode "The Formula for Buying the Perfect Rental with Pam Brantley" as she discusses real estate investments.

Pam discusses her preferences for real estate investments in Northwest Florida, preferably newer, lower maintenance single-family homes. 

If you are interested in purchasing a Pensacola area rental property or real estate investment, reach out to Pam and her sales team at (850) 453-9220 or via email. For additional real estate investment information, head on over to our Real Estate Investors page. 

Realty Masters of Florida
#1 in Pensacola Property Management and Leasing! 
Rental Office 4400 Bayou Blvd. #58B, Pensacola, FL 32503  (850) 473-3983 www.PensacolaRealtyMasters.com
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Measuring a Real Estate Investment
08-02-2019
Pam Keen Brantley
Real Estate Investments
08-06-2019

With any measurement based on a future predictions or hypotheticals, we know that many parameters, and events can change the results,but that shouldn't stop us from doing our due diligence on the front end of investment properties.

Let's take a look at the kinds of properties I focus on, which are single family homes that are easy to finance with 20% down for investors.

Below is an example of a home purchased for $100,000 with a $20,000 down payment and an $80,000 mortgage at 5% interest.  I used a 2% property appreciation rate and 2% annual increase for rents and expenses, and a 10 year holding period.

Annual Rental Income:  $1000 per month rents less 2% vacancy = $980 * 12 = $11,760 per year. 

Basic view:  Invested $20,000 (down payment) for 10 years and then cashed out.

See the chart that shows the growth. (Chart is courtesy of Chris Bird with CRS and came from his investment analysis course which I attended).

Investment Anaylsis

Feel free to utilize this formula and information when analyzing your own real estate investments. Reach out if you have any questions about analyzing real estate investments in the Pensacola area. 

Sales Office 4400 Bayou Blvd. #52B, Pensacola, FL 32503  (850) 453-9220 www.RealtyMastersofFlorida.com 
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Pensacola Real Estate Market Statistics and Update!
05-15-2019
David Keen
Real Estate Market
06-24-2020

The Pensacola Real Estate Market is strong! 

We are taking a look back at 2016 Real Estate Statistics.  The Florida Real Estate market, which was known to be hard hit by the recession, is showing continual signs of improvement.  This is great news for homeowners and landlords but not necessarily great news for tenants. 

Let David Keen, Realtor, give you a rundown of some of the highlights of the 2016 Pensacola Real Estate Market.


Here's a summary of what David Keen, Realtor, has to say.

Pensacola Real Estate Market 

  • Home Sale Prices in the Pensacola Area were up about 5% over 2015 Home Sale Prices
  • Inventory is down and supply is limited
  • New Construction makes up a large percentage of inventory
  • Foreclosures and Short Sales are now only about 3% of active sales inventory
  • Average time on the market for properties for sale in Pensacola is sitting at approximately 90 days

With days on the market down along with inventory and supply, sales prices are likely to continue to increase in the Pensacola area.  As David mentioned, the distressed inventory made up nearly 29% of our active inventory just two January's ago and now the distressed inventory is down to about 3% of active inventory. Because so many of the sales comparables were distressed properties, it kept the market and appraisal values down. In comparison, today in 2017, nearly 1/3 of the active inventory are new construction, or brand new, homes.

As we are expecting an increase in interest rates in the coming months, many buyers are using this opportunity to purchase a larger home and sell their old home or deciding to make the leap from renter to homeowner. 

Pensacola Rental Market

average Pensacola area Rental Rates

  • Rental Rates have increased about 3% over 2015 rental rates. While this is not as strong as the improvement for the sales market, we expect tighter inventory to continue to drive rental rates up!
  • The average rental rate in Pensacola is up to approximately $1,100 
  • Rental Supply is limited with nearly 1,000 fewer units on the single-family rental market than five years ago.

What do these statistics mean? The shrinking inventory of Pensacola area rental properties comes from forced landlords who previously could not sell their homes. These hesitant landlords leased their homes, condos, and townhomes out of necessity, not out of desire.  Because of the improving real estate sales market, hestitant landlords are choosing to sell their properties rather then releasing when their tenants vacate.  This trend began in 2013 but ramped up in 2016.  

The increase in rental supply in 2014 comes from a huge increase in investor purchases as prices were down and distressed inventory was high.  Now that it's harder to find affordable investments in the Pensacola area, the investor sales have finally leveled off although demand has not.  We expect even more landlords to sell their rental properties this year further tightening the rental inventory.  Because of these factors, rental prices will continue to increase over the coming years. This lack of inventory and increase in prices is forcing some renters to make the leap to homeownership earlier than they had desired! Pensacola Rental Market supply and demand

Are you interested in building a rental portfolio? We have owners ready to sell their rental properties and know where you can find the best deals on auction sites, with tax deed sales, and with existing foreclosure inventory.

Do you have questions about the Pensacola rental market or the sales market? Reach out to our team for answers! 

David Keen, Realtor

Realty Masters of FL~ (850) 473-3983
4400 Bayou Blvd. #58B, Pensacola, FL 32503
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#1 in Pensacola Rental Houses 

originally posted 03-02-2017

Pensacola Waterfront Home for Sale
05-09-2019
Pam Keen Brantley
Waterfront real estate
06-24-2020

originally posted 07-02-2016

We are offering this gorgeous waterfront estate for sale! This property features over 3,000 square feet of living area plus 1,000 square feet of deck overlooking Pensacola's Escambia Bay. Take a quick tour of this waterfront property for sale 

Address:  106 Cypress Point East, Pensacola, Florida 32514
Bedrooms: 4  Bathrooms: 2.5   Square Feet: 3,118   Garage:  3 Car

Located in Northeast Pensacola off Scenic Hwy near Olive Rd., this home is convenient to I-10,hospitals, employment, schools and more.  A lot of Scenic Hwy is plagued by railroad tracks, higher elevation and loud noise. Not this area of Scenic! Enjoy tranquility from your backyard with one-of-a-kind sunrises and sunsets daily. No mowing, your backyard is sand and a beach! The small community association upkeeps a dock for the neighborhood so you can fish or build a boat slip. 

The home was built in 1987 and has been extensively remodeled inside and updated with a new flooring, new kitchen cabinets, counters, and appliances, and new bathrooms! Call or email us if you are interested in a personal viewing.

Pam Brantley, Broker, CRS, Retired Navy Captain (850) 473-3983 office
Pam@PensacolaRealtyMasters.com 


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