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CHECK THIS OUT – CHOCOLATE IS HEALTHY!

Now, THIS is good news!  A popular health magazine reports:

1. Chocolate reduces chances of heart disease and stroke. A recent study found that people consuming the highest levels of chocolate had a 37% reduction in cardiovascular disease and a 29% reduction in stroke compared to those with lower chocolate intakes.

2. Chocolate may help you in math. Flavonols in chocolate are thought to improve blood flow to the brain. One study reported participants could do calculations faster and more accurately after drinking hot cocoa.

3. Chocolate makes you feel good. Chocolate contains phenethylamine, which triggers the release of endorphins, a reaction similar to the one people experience when they fall in love.

4. Chocolate relaxes you. Studies have shown chocolate contains the compound anandamide, which activates the brain receptors for relaxation. 

5. Chocolate may help you live longer. One study found that participants who ate candy one to three times a month had the lowest mortality rates of the group.

Multiple Offers Return as Buyers are Back

Record tight inventories are making it increasingly difficult for growing numbers of buyers, who are creating multiple-bid environments in markets that haven’t seen buyers battle over homes in six years.

Buyers are back but sellers aren’t, especially in Western markets recovering from large volumes of foreclosures. The result is that inventories are still tightening as the fall buying season ends. Buyers are fighting over what’s available, often to the benefit of those sellers who took a risk in this year’s evolving marketplace.

Prices are reported to be on the uptrend with 62 percent of REALTORS® reporting constant or increasing prices compared to the same time a year ago, according to the National Association of REALTORS’® (NAR) REALTOR® Confidence Index that was released recently.

Buyer demand is reported to be growing faster than supply, and many REALTORS® are reporting multiple offers.  However, buyer traffic is still well above the moderate level, but seller traffic is flat, according to the NAR survey. First-time homebuyers accounted for 34 percent of total buyers. Normally first-time buyers are in the neighborhood of 40 percent of total residential sales, according to NAR’s Profile of Home Buyers and Sellers.

A majority of the 145 markets monitored by NAR Research experienced slower foot traffic in May of this year relative to the same time in 2011. The data, provided by SentriLock, LLC., is based on the total number of visits to properties as recorded on electronic clock boxes. Foot traffic was lower over the 12 months ending in May in 60 percent of the markets, while 35 percent expanded and 5 percent were unchanged. This moderating pattern suggests a broad based decline in the late spring following an equally broad-based expansion in the late spring/summer of 2011 and early spring of this year.

Multiple bids are changing the playing field in a number of markets this spring and summer. Many agents new to the business who have little experience with them are dealing with a sudden and unexpected competition for homes brought about by inventors more than 20 percent below those of a year ago.

January – October Market Statistics Fort Walton Beach

Sales and Inventory Report
Category – Detached Single Family
Statistics for Entire MLS from 1/1/2013 – 10/25/2013
Areas:12
Month
Year
Monthly
Sales
Monthly
Volume
Avg List $
Avg Sale $
Avg $/SqFt
Median Sold $
Avg DOM
Avg CDOM
% Sold/List
% Sold/Orig. List
Current
Inventory
Months
Inventory
January
2013
32
$4,450,577
$144,999
$139,080
$88
$126,038
145
148
95.91%
91.26%
362
11.31
February
2013
68
$11,262,915
$172,686
$165,631
$94
$146,000
127
159
95.91%
88.03%
340
5.00
March
2013
67
$12,680,483
$197,697
$189,260
$102
$151,783
103
114
95.73%
91.30%
333
4.97
April
2013
66
$11,526,710
$180,731
$174,647
$100
$149,500
64
73
96.63%
93.70%
353
5.34
May
2013
80
$17,001,781
$219,166
$212,522
$104
$195,350
80
91
96.96%
91.66%
348
4.35
June
2013
74
$12,595,731
$175,056
$170,212
$98
$150,600
84
93
97.23%
93.27%
355
4.79
July
2013
84
$15,727,000
$195,675
$187,226
$102
$169,200
62
95
95.68%
92.43%
368
4.38
August
2013
78
$14,056,191
$187,355
$180,207
$97
$145,500
98
119
96.18%
91.64%
350
4.48
September
2013
67
$10,965,400
$168,878
$163,662
$96
$138,000
112
124
96.91%
89.00%
360
5.37
October
2013
47
$8,257,188
$181,181
$175,684
$97
$153,000
66
86
96.96%
91.82%
333
7.08
November
2013
0
0
0
0
0
0
0
0
0.00%
0.00%
320
N/A
December
2013
0
0
0
0
0
0
0
0
0.00%
0.00%
320
N/A
Annual:
 
663
$118,523,976
$185,407
$178,769
99
$152,000
91
108
96.41%
91.47%
345
6.24
 
Annual:
2013 – 2013
663
$118,523,976
$185,407
$178,769
99
$152,000
91
108
96.41%
91.47%
345
6.24

Note: The “Current Inventory” column(s) reflect the number of active(on market) listings on the 1st day of each month.
The “Months Inventory” column(s) value(s) equal “Current Inventory” divided by “Monthly Sales”.
This reflects how many months it would take to sell out of inventory at the current month’s rate of sale.

  • Total Months Inventory = Total Current Inventory / (Total Monthly Sales/12 Months)
Sales and Invetory History