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Follow on Google News | Destin Florida real estate sales and prices reported higher in the first quarter of 2011.Industry reports indicate that Destin real estate sales and prices overcame effects the recession and oil spill to exceed first quarter 2010 results and the national averages.
Limited land availability has been a factor in Destin real estate appreciation. Much of the area to the north is taken up by Choctawhatchee Bay and Eglin Air force Base, the country's largest military land installation. With Destin's direct access into the Gulf of Mexico, a large bay to the north and a natural harbor in the center of town, fishing and watersports opportunities abound. Combined with the area's sugar white, soft sand beaches, excellent golf courses, great food and shopping the outlook for continued real estate demand is favorable. Known as "The World's Luckiest Fishing Village", Destin is situated just northeast of the Desoto Canyon, an underwater trench leading to some of the Gulf of Mexico's deepest waters. This underwater structure is a contributor to the area's excellent fishing. Other supporting factors include excellent schools, no state income tax, low crime, restricted tax increases on primary residences and three commercial airports within approximately one hour or less. The area is served by two low cost airlines in addition to several other carriers. For complete information on the Destin area visit http://www.DestinDirect.com . # # # We develop, own and operate online community directories. Our proof of concept site is DestinDirect.com which has been in operation since 2001. We're developing similar sites for other beach communities in FL, AL & MS. A national network is planned. End
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