Home Price Appreciation Is as Simple as Supply and Demand | MyKCM


Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for housing is up while the supply of homes for sale hovers at historic lows.

Let’s use three maps to show how this theory continues to affect the residential real estate market.

Map #1 – State-by-state price appreciation reported by the Federal Housing Finance Agency (FHFA) for the first quarter of 2021 compared to the first quarter of 2020:

As the map shows, certain states (colored in red) have appreciated…

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Summer visitors to South Walton will once again be able to enjoy free day-use admission to Grayton Beach State Park and Topsail Hill Preserve State Park from Memorial Day through Labor Day. 

The Walton County Tourist Development Council is paying the cost of entry for day-use visitors in order to increase available parking for beachgoers during the peak visitation season, as well as raise awareness of the variety of eco-tourism activities South Walton offers. This year marks the seventh year of admission coverage for Topsail Hill Preserve State Park and the fifth for Grayton Beach State Park. 

"We’re happy to once again cover the day-use admission to both parks," says interim TDC Director Jason Cutshaw. "Visitors and locals will both experience…

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WaterColor community offers a bit of everything for the 30A visitor. Nestled in-between Seaside and Western Lake, WaterColor’s 500-acres weaves luxe accommodations with elaborately planned parks, trails that lap the edges of 30A’s rare coastal dune lake and Gulf views that never fail to take your breath.

It’s a fantastic place for extended families or large groups to stay because anything and everything you might need is located on the property.

There are cottages that sleep 18 and cottages that sleep four. Some are equipped with lavish swimming pools, fountains, hot tubs, and outdoor fire pits while others keep it simple with a wide porch and comfortable rocking chairs.

Nine swimming pools, each unique, are spread throughout the community so…

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Chilaquiles at The Bay

There are so many things to love about brunch, and whether you’re craving stunning views, refreshing cocktails, crispy bacon or all of the above, there’s a restaurant on 30A that’s ready to serve it up. While most of the restaurants highlighted below exclusively serve their brunch offerings on Sundays, there are a handful of spots that you can stop by during the week or on Saturday to get your fix––because when it comes to brunch, there are no rules.

The Bay

Enjoy brunch bayside at chef Jim Shirley’s Santa Rosa Beach restaurant overlooking Choctawhatchee Bay. Pair a Bloody Mary or glass of bubbly with crab cake Benedict (lump crab cakes over fried eggplant topped with poached eggs and hollandaise sauce), chilaquiles,…

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HarborWalk Village invites you and your crew to spend a fun-filled weekend on the beautiful Destin Harbor. Kick-off the Summer season with Live Music, Fireworks & a Silent Disco Party at HarborWalk Village. $10 On-site parking fee

Saturday, May 29th || Flash Flood @ 7:00pm
Sunday, May 30th || Cadillac Willie @ 7:00pm, Fireworks @ 9:00pm 
Monday, May 31st || Silent Disco Party - DJ Chubby & DJ D Funk @ 7:00pm

HarborWalk Village is home to the Destin Fishing Fleet, the largest charter fishing fleet in the country.  Here you can experience the World’s Luckiest Fishing Village aboard one of Destin’s finest charter boats or stroll along the docks and witness the catch of the day.  And where there is great fishing, there are great seafood restaurants,…

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“Leave sunscreen fingerprints on your manuscript pages. Analyze the telling detail with sand in your ears. The story ‘actually starts’ on page three? Nope. The story actually starts on 30A.” – Snowden Wright, author of American Pop and Play Pretty Blues

The time has come to spill the beans on one of 30A’s best-kept secrets. And to all you creative writers out there – aspiring or otherwise – this one’s for you. 

Since 2013, the Longleaf Writers Conference (formerly Seaside Writers Conference) has been the ultimate creative gateway to the Gulf Coast, bringing together nationally recognized and award-winning authors, emerging talent, and book lovers of all kinds.

Established “by writers for writers,” the conference takes place every year in the…

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Digital Graffiti at Alys Beach, the area’s premier immersive art event, will be held as “A Drive-Thru Experience” for 2021, in accordance with the CDC’s guidelines for social safety.

Presented by The Alys Foundation, the event is scheduled to take place May 12-15, 2021, with the May 15 event date is reserved for Alys Beach homeowners and festival sponsors.

Tickets for standard vehicles will be $80.
Vehicles with 8 or more passengers will be $150.
Tickets will not be sold at the door.

Each ticket will be issued with a designated time slot. Time slots will start at 8PM, will be limited to 20 cars per time slot, and will be blocked in 20-minute intervals. Tickets must be pre-purchased and will not be sold onsite. Ticket time slots and limited…

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Buyer & Seller Perks in Today’s Housing Market

Buyer & Seller Perks in Today’s Housing Market | MyKCM

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to keep on the radar this season.

The Biggest Perk for Buyers: Low Mortgage Rates

 Today’s most compelling buyer incentive is low mortgage interest rates. The 30-year fixed-rate is now averaging just over 3%. While that’s slightly higher than the record-lows from 2020 and earlier this year, it’s still way lower than historic norms, making purchasing a home an ongoing perk for…

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