Destin’s The Ships Chandler broke ground on their second marine and service center, located at 17309 US Hwy 331 in Freeport, on Thursday, February 18. 

According to a press release, the new building will create 10 full-time jobs in Walton County. With over 14 acres of space, the company’s new marine and service center will be ready to supply the area with fishing and pontoon boats, outboard motors, and more.

“Freeport has always been a wonderful city filled with good hard-working people,” said owner, Peter Wright Jr. “We’re excited to become a part of the community and help it grow with the help of all the surrounding communities in Walton County.”  

The new location will offer state-of-the-art service including a new boat dealership…

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The Destin–Fort Walton Beach Airport is getting a new airline. The airport on Thursday announced Southwest is adding flights in the region.

The following is a news release from the Okaloosa County Board of County Commissioners.

Destin – Fort Walton Beach, Fla. – On February 25, 2021, at 10:00 am the Destin–Fort Walton Beach Airport (VPS) held a Press Conference to unveil the announcement of the new air service carrier Southwest Airlines to the lineup. The flexibility and value of Southwest Airlines now benefit both visitors and hometown travelers booking late spring and summer travel to Destin–Fort Walton Beach Airport (VPS). Southwest service begins May 2021. The carrier’s initial flight schedule for the region is now available for purchase…

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Where Have All the Houses Gone? | MyKCM

 

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage rates and purchase a home, housing inventory dropped even further. Experts consider this to be the biggest challenge facing an otherwise hot market while buyers continue to compete for homes. As Danielle Hale, Chief Economist at realtor.com, explains:

“With buyers active in the market and seller participation lagging, homes are selling quickly and the total number available for sale at any point in time continues to drop lower. In January as a…

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Home Prices: What Happened in 2020? What Will Happen This Year? | MyKCM

 

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal Housing Finance Agency (FHFA) Division of Research and Statistics, explains:

“House prices nationwide recorded the largest annual and quarterly increase in the history of the FHFA Home Price Index. Low mortgage rates, pent up demand from homebuyers, and a limited housing supply propelled every region of the country to experience faster growth in 2020 compared to a year ago despite the pandemic.”

Here are the year-end home price…

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