Panama City Real Estate Blog

PanamaCityRealtyGroup.com and Blue Sun Properties unite

panama city beach condo rentals blue sun propertiesI am both very pleased and excited to announce that Panama City Real Estate and PanamaCityRealtyGroup.com are now associated with Panama City Beach Condo Rentals at Blue Sun Properties.

I've been looking for a quality Panama City Beach Condo rental company for awhile as many of my condo sale clients and visitors are in need of quality condo rental and condo property management services.

Blue Sun Properties offer the same quality service, attention to customer needs and experience my customers and clients have come to expect from working closely with the Panama City Real Estate Team and myself.

This is just one more exclusive service I can offer my visitors, clients and customers to make

9,654 Views, 3 Comments

Panama City Real Estate In keeping with the most current technology available and presenting the most advanced, easy to use real estate information possible, I'm very pleased to announce both some new website updates as well as new features coming very soon.

My technology department is busy updating the condominiums section with both new features as well as new information for my condo buying and selling clients.

Here are just a few of the updated pages, with more to come soon:

  • Aqua Condos for sale
  • Calypso Condos for sale
  • Edgewater Beach Condos for sale

In addition, the Panama City Real Estate site is undergoing a complete overhaul.  Some of the new features will be invisible to my customers, and are designed to provide even better real estate services

2,503 Views, 6 Comments

The Panama City Real Estate market summaryhas been posted and the results are less than conforting...

Total Condo sales took quite a beating in July even though prices dipped slightly. Hopefully, the decrease in the mortgage rate will help remedy this in August.

Home sales however, only dipped slightly thanks to prices falling significantly. 

 

Panama City Condo and Home Sales:

  • Panama City Beach Condo Sales
  • Panama City Homes for sale
Foreclosures and short-sales.continue to be a significant factor in driving down prices or both condos and homes in the local real estate market. These property types continue to drive sales as well as home and condo values. 

Panama City Homes for sale

Owners, put my technology to work for

1,906 Views, 1 Comment

Come and live the Panama City Beach lifestyle...

Here's a unique way to afford a new permanent or vacation...

Buy a Panama City Beach duplex and live in one side, and rent the other!

 

panama-city-beach-duplex-for-sale

This duplex features:

  • Balcony views of the Gulf of Mexico
  • 3 bedrooms/2 baths
  • Stainless steel appliances
  • Granite counter tops
  • and more...
View the video of this unique opportunity on YouTube: Panama City Beach Duplexes for Sale

For more information on this or other Panama City Beach real estate opportunities, contact me directly: 850.774.6582
4,484 Views, 0 Comments

The Panama City Real Estate market summaries have been posted and the results are less than conforting...

Panama City Condo and Home Sales:

  • Panama City Beach Condo Sales
  • Panama City Homes for sale
Foreclosures and short-sales.continue to be a factor in driving down prices or both condos and homes in the local real estate market. These property types continue to drive sales as well as home and condo values. 

Panama City Homes for sale

Owners, put my technology to work for you.

If you are interested in selling your home or condo, contact me today (850) 774-6582 for a free no obligation Home value report.

Buyers, when you're ready to purchase a Panama City home or condo, contact me directly (850) 774-6582 for the latest

2,059 Views, 1 Comment

Panama City Homes | Market Update

Here is the latest mortgage market update for the Panama City Real Estate market area provided by Jackie Fowler:

Market Update Week Ending July 1, 2011

This week's economic news was nearly all positive, and the stock market posted a strong rally. Unfortunately, what's good for stocks is generally unfavorable for mortgage rates. Progress on the Greek aid package and stronger than expected US manufacturing data, along with the end of the Fed's bond buying program, combined to push mortgage rates higher this week.

While the Fed made known months ago that its $600 billion quantitative easing program would end on June 30, investors have been uncertain what the impact would be. Since the program started, Fed

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Many visitors to the Panama City Real Estate site often question whether they can qualify for a home loan.

Each time I'm asked this question, my answer is the same - "You don't know unless you ask"!

The FHA loan program is one means for those with mid level credit scores to take advantage of todays low housing prices.

Here are a few items of interest for those interested in FHA programs:

 

  • Credit score 580 - 619 (Overlays apply call for details)
  • 3.5 % Down payment                                                                        
  • Fixed rate loans
  • 100% Gifts from family member to cover down payment and closing costs
  • Seller can pay up to 6% towards buyers closing costs and prepaid
  • Non-traditional Credit

If you

2,410 Views, 3 Comments

Panama City Homes | Market Update

Latest mortgage information and market update provided by Jackie Fowler...

Many factors were favorable for mortgage rates this week. Weaker than expected economic data, strong results for the Treasury auctions, and renewed concerns about weaker European countries all helped mortgage rates end the week at the lowest levels of the year.

All of the major economic data released during the week was weaker than expected. First quarter Gross Domestic Product (GDP), the broadest measure of economic growth, was unchanged at 1.8%. Most investors expected the figures to be revised higher to at least 2.0%. April Durable Orders fell 4% from March, which was the largest monthly decline since October 2010. Weekly Jobless Claims…
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For my clients who served in Iraq  or Afghanistan  during 2010...

The bill  HB 1141 was signed by Governor Scott on 5/31:

Here are the details:

HB 1141 implements a constitutional amendment approved by voters in 2010 and provides a new homestead exemption for military personnel on active duty overseas. The exemption is based on the amount of time the individual served overseas.

How to calculate the tax break
Taxable value of the property multiplied by the percentage of time spent overseas in 2010. (Calculate percentage of time spent overseas by taking the number of days overseas and dividing it by 365).

So, if someone spent six months overseas in 2010, he or she would get a 50 percent discount. If someone spent the entire year overseas (12

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Panama City Homes | Market Update

This market update is brought to you by Jackie Fowler at Region's Bank:

 

Weaker than expected data helped mortgage rates improve for most of the week, but Friday’s Employment report then surprised to the upside, causing mortgage rates to give back some of the improvement. In the end, as they have for each of the last few weeks, mortgage rates finished the week a little lower.

Against a consensus forecast of 185K, the economy added 244K jobs in April. Revisions to data from prior months added another 46K jobs. The private sector added 268K jobs, which was the highest level since February 2006, and the gains were broad-based across a range of sectors. The Unemployment Rate unexpectedly increased to 9.0% from 8.8%…
1,895 Views, 1 Comment