The housing and condo markets have been quite busy this spring so far, which is a good sign for the economy and our local tourism trade.
Residential real estate (both condos and homes) continue to lead the recovery and demand as you can see (below) by the number of properties selling at higher prices than last year. Due to the high number of listings in the condo market, sellers need to price their homes either at, or slightly below market value to sell quickly.
Buyers are primarily looking for homes that are move-in-ready so a bit of extra work may be needed by sellers to move their properties quickly. Multiple offers exsist in circumstances where a property is well-priced and turnkey (move-in ready).
If you are interested in selling your home or condo, The Panama City Real EstateTeam has a team of dedicated Panama City Real Estate experts ready to market your home. We feature it on the internet where over 90% of buyers today begin searching for their next home. For additional information about how we showcase and sell your home ro condo giving it the maximum exposure possible, contact The Panama City Real Estate Team today at 850.774.6582.
Welcome to our Panama City Beach real estate blog. Please share your thoughts and opinions as comments are always welcome, whether you are a consumer, journalist or another real estate professional.
Our blog includes local and relevant national real estate information, Condo and Home market statistics, personal and professional insights and information about various neighborhoods, subdivisions and listings. If you would like additonal information on any of our topics, please contact me directly and I will be glad to assist you.