Panama City Real Estate Blog

The latest mortgage market update for the Panama City, Florida area has been posted for your convenience.

Here is a short summary:

Last week’s economic data continued to be mostly positive, but mortgage rates slid downwards. This
manufacturing-lead recovery continues to maintain its pace, with Industrial Production numbers
revealing solid gains for manufacturing and mining issues. While the housing and labor market will
likely be a major drag on the recovery for some time, retail sales did tick upward more than expected.
As economically positive as most of last week’s news was, inflation at the consumer level of the
economy is all but absent. This should enable the Fed to maintain its stance regarding low interest
rates for the foreseeable

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Here's some valuable information for Florida first time home buyers and programs that are currently available...

Florida Housing’s First Time Homebuyer Program offers low fixed-rate 30-year first mortgage programs for first time homebuyers (some exceptions exist) with qualified income and purchase price limits for the county where they are purchasing a home.

There also are down payment assistance programs that can be used with the first mortgage products.

FIRST TIME HOMEBUYER PROGRAMS offered by Florida Housing are as follows:

  • Florida First: This program offers a low 30-year fixed-rate first mortgage to all borrowers who meet program guidelines and qualify for a loan. Borrowers who qualify for this first mortgage product are automatically
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By now many of you might heard or read as it's all over the news and the internet - Southwest Airlines has announcedit will be the first major airline to provide service to the new airport.

According to Chief Executive Gary Kelly - "Southwest plans eight daily departures for Panama City and will unveil its schedule in December".

With the assistance of the St. Joe Co., this deal will help bolster and invigorate our local economy through increased direct tourism traffic, easier, more convenient access to our local businesses and also aid relocating families and business by providing convenient flight access to the Panama Cit, Florida area.

The story on Reuters is here.

Remember, this is just the first carrier to announce service to the new

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view-of-balcony-from-pool This 3 Bedroom/3 bath Mediterranean style luxury home is located in the gated community of La Valencia in Panama City Beach, Florida.

This home is being sold as is and partially furnished and has been well maintained. Features of this home include:

  • Crown molding
  • Wood and tiled flooring
  • Great room with high ceilings and an open floor plan
  • Breakfast bar
  • Dining area

This neighborhood is a short distance from shopping, restaurants and other family entertainment venues.

Contact me directly (850) 774-6582 for a private showing on this or other 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

3,921 Views, 3 Comments

 

At Panama City Real Estate, we value all our customers and visitors and endeavor to make each visit a welcoming and enjoyable experience.

In our continuing efforts to provide the finest, most complete real estate services and website available we realize we realize there may be additional website instructions needed for many of our first time and returning visitors.

For example: Earthlink visitors and customers who sign up for our various "opt in" services may not be receiving the requested information due to how the Earthlink Mail system prohibits so called "unsolicited" emails from reaching their customers.

Actually, this is a good thing and we applaud Earthlink for protetcting their customers privacy.

I've created a new Earthlink

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My team and I have created another new and exciting feature for our customers: The Best Real Estate Deals in Panama City.

In just a few short days, this new feature has become quite popular with our buying, investing as well as our selling customers.

Signing up for the new feature is of course easy and free.  Simply become a registered customer on the  Panama City Real Estate registration page

We'll do the rest.

Who can benefit from this new feature?

Sellers benefit from this feature by obtaining important information regarding properties similar to theirs.  Knowing the listed price of other properties will aid sellers in pricing their properties competively.

Buyers and investors benefit by being the among the first to be notified of

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Panama City Real Estate Market Update - July 2009

While the numbers are not what they were last month, there is significant stabilization in the Panama City Real Estate market for July.

Condo sales were down slightly last month yet Single family home sales were up.

While condo prices dropped slightly, single family home prices remained relatively steady.

View the complete analysis and summary of the Panama City Real Estate Market for July.

How This Affects Panama City Home and Condos Sellers...

Panama City Beach Condo sellers who do not have to sell, will have a shorter wait time before placing their condos on the market.  We are still a few months away from condo prices increasing but we may see slight increases as we move into the

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The most complete Panama City Beach condos for sale information available has been updated with map images identifying the location of the specific condos.

While the maps are not interactive, they will provide a point of reference as to the location of the condo complex as well as an address.

This will make it easier for those not familiar with the Panama City Beach Florida area in locating specific condos ad their relation to other parts of Panama City Beach, Florida.

I've also added a few more condo complexes as I continue to grow the most comprehensive Panama City and Panama City Beach condo website available.

The new condo additions include:

  • Mariner East
  • Horizon South

I'll be adding a few more over the next few days as well

1,836 Views, 2 Comments

At Panama City Real Estate, we value all our customers and visitors and endeavor to make each visit a welcoming and enjoyable experience.

In our continuing efforts to provide the finest, most complete real estate services and website available we realize we realize there may be additional website instructions needed for many of our first time and returning visitors.

For example: AOL visitors and customers who sign up for our various "opt in" services may not be receiving the requested information.

This is due to the AOL Mail process which prohibits so called "unsolicited" emails from reaching their customers.

I've created a new AOL Users Guide to help my AOL customers and visitors in getting the most out of the Panama City Florida Real Estate

2,709 Views, 2 Comments

The local Residential Panama City Florida Real Estate Market statistics and summaries for June, 2009 are now available for your convenience.

For the most part, the market continues to hold steady with slight increases and decreases in expected areas:

  • An increase in expired listings shows agents continue to take overpriced listings that will not sell in today's market.  Sellers must be educated when pricing their homes for sale.  It remains a buyers market and homes must be priced accordingly.
  • Condo sales decreased slightly in part due to short sales and foreclosures as well as low appraisal values.  The time-to-close factor plays a significant role in actual sales.  In addition, smartly market priced condos continue to sell well.
  • Single
2,223 Views, 5 Comments