NEW SINGLE FAMILY HOMES SOLD AND PENDING IN THE CRESTVIEW MARKET

Okay folks, I thought I would review the Emerald Coast Association of Realtors Multiple Listing Service and see how the new sales in Crestview are doing as of this date. I was quite surprised by the numbers, since most of our transfers will be happening when kids get out of schools and the annual move of military begin to move into our area after receiving their orders. Also with the 7th Special Forces Group being move into our area and their leaders authorizing most of them to move now, I believe it will be interesting. As a former Military Housing Director , I had a lot of experience with all of the services and I can tell you, the Army's 7th Special Forces Group is unique. First, they are not transferring here for just a few years, they are here until they retire. I can expect, they will be looking for their Dream Home. Second, their leadership says they are accustom and desire to live upto an hour away from their duty station. Third, they will be some of the highest paid residents in our area and will be living large, this does not include the spouse's income. There are many other factors they bring to the housing market. Basically, they don't have the same housing needs as the Air Force, and this must be learned when meeting their housing needs. Below are some latest housing numbers for new homes in the Crestview market:

New Housing Sales Pending: 44 - Average Price: $201,000
New Housing Sold since January 1, 2010: 54 - Average Price: $202,000