Condo Sales Tumble 26 Percent In 1986
Condominium market in sou Okaloosa and Walton counties suffered its worst season in four years with a 26 percent drop in sales and total volume just over 110 million. New sales fell 46 percent to 1,160 units, while resales rose 20 percent to 460 units, reflecting tax reform effects. Destin led with 276 sales and Sandestin Beach Resort produced 20 million in volume from 194 unit sales. Alabama remained the top source of out of state buyers with 297 purchases, followed by Georgia and Tennessee.
MENTIONED IN THIS ARTICLE
Sou Okaloosa
Walton
W.R. Hutchison Sr
Florida Realty
Hutchison
Okaloosa-Walton Line
Sandestin
Destin
Sandestin Beach Resort
Bayside Hotel
Seagrove Place
Seascape Resort
Alabama
Georgia
Tennessee
Kemp joins First National Bank as executive vice president
Kemp named executive vice president and senior loan officer at First National Bank of Destin, coming from Hancock Bank in Gulfport, Mississippi. A Ole Miss and LSU School of Banking alumnus, he previously served at Eglin Air Force Base and has a long Destin connection through a summer home and family. He cautions Destin’s economy is cyclical, urging prudent savings to weather troughs between waves of growth.
MENTIONED IN THIS ARTICLE
Carroll Kemp
First National Bank of Destin
Kemp
Destin Bank
Hancock Bank
Gulfport
Ole Miss
School of Banking of the South
Louisiana State University
University of Oklahoma
Destin
Eglin Afb
Jane
LSU
Officers’ Beach Club
Seagrove Beach
Kemps
Greg
Jeff
Jonathan
Fort Walton Beach High School
Okaloosa County See Strong 1986 Single Family Housing Sales
New single family housing sales in Okaloosa County totaled 909 units in 1986 with a value of 65,771,320. VA and conventional loans funded 1,316 and 1,292 mortgages respectively, with total real estate transfer mortgages at 4,300 worth 233,244,449. Bluewater Bay led by dollar volume with 194 homes bought for 18,407,850.
MENTIONED IN THIS ARTICLE
Okaloosa County
W. R. Hutchison Sr
Florida Realty
Usdafmha
Baker Mortgage Co
Davis Home Builders
Crestview
Griner Construction
North Okaloosa
Shoal River
Bluewater Bay
Fort Walton Beach
Mary Esther
Hurlburt Field
Ingram Named Baskerville-Donovan Destin Office Manager
Chuck Ingram formerly Fort Walton Beach city manager was named manager of Baskerville-Donovan Engineering Inc in Destin. He will oversee 11 staff and secure engineering contracts for the Destin office as part of a Pensacola based firm with six Florida offices. Ingram, 43, a Mississippi State graduate and long time Florida licensed engineer, resides in Fort Walton Beach with his wife Gerry and daughter Sydney.
MENTIONED IN THIS ARTICLE
Chuck Ingram
Fort Walton Beach
Baskerville-Donovan Engineering Inc
Destin
Ingram
Baskerville-Donovan
Pensacola
Florida
Mississippi
Mississippi State University
Alabama
Gerry
Sydney
Also Mentioned on This Page
By Jim Chitwood
First National Bank
By Karen MacGrogan
Destin Pool Service, Inc
The
Total Swimming Pool Company
Pleasure” Construction
Destin Harbor
Gulf of Mexico
Re Ee
Bobbi T. Casper
Corporate Hill Office Park
Pring
Delchamps Plaza
Foster
Paul
Royal Hawaiian
Delchamps Plaza Mercnar
Andor
Canada
Puerto Rico
Elger
Amesther Suppiers
Davy Winers
Parc Eating Stores
Ciosco
Delchamps
Sandestin Beach
Walton County
Emerald Coast Cantique
Lya
Wender Ente
P.O. Bon
Tan Beach
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