Panama City Beach is one of the most desirable and reasonably priced U.S. vacation destinations.  Often, visitors come to enjoy our white sandy beaches, emerald blue waters or any one of dozens of visitor attractions and dining establishments.

Often, visitors as well as locals will rent pontoon boats, personal water craft, go fishing or engage in any number of other water activities.

As well, I have quite a few customers who have purchased a vacation home and have decided to also purchase a boat.

Many of my customers are not only first time vacation home owners, but also first time boat owners.  Read more... (585 words, 1 image, estimated 2:20 mins reading time)

Every homeowner relies on homeowners insurance to defer the risk of loss associated with owning a home. Premium costs are directly affected by a number of factors that can be adjusted by the informed insured homeowner. In depth research is essential to acquire the best possible homeowners insurance policy without overpaying for the coverage.

Right Company

All insurance companies are rated by the state insurance commission wherever the company is licensed to underwrite insurance. The rating information is available online and should be reviewed during the evaluation process and prior to purchase of the policy. Big name auto insurers like State Farm and Allstate also offer home insurance but doing adequate research is key. A company’s proven payout record is essential to the financial future of the insured in the event of a catastrophic loss.  Read more... (1008 words, estimated 4:02 mins reading time)

Whether you’re investing in Panama City commercial real estate, beach or water front condos or income property, there is specific information that many agents not familiar with investment property omit.

Many agents are not familiar with certain aspects pertaining to out of area investors and often forget to pass on vital information for their clients that they as locals take for granted.

For instance, if you’re not from Florida you probably don’t realize that we have termites just like other areas.  However, our termites are burrowing and ground termites which is why you see many houses with siding raised off the ground a few inches.  Read more... (765 words, estimated 3:04 mins reading time)

The following Panama City Real Estate market summaries have been posted and the results are quite interesting…

Panama City Condo Sales:

• Panama City Beach Condo Sales
• (Home Sales posted shortly)

Panama City Commercial Sales:

• Panama City Commercial Sales
• Panama City Businesses for sale

There are still a significant number of distressed properties on the market, both foreclosures and short-sales. These properties continue to have an impact on home and condo values  as well as the local economy.

We are however, beginning to see slight increases in the commercial real estate sector which should help the residential markets rebound.  Read more... (192 words, estimated 46 secs reading time)

February 14, 2010

The condo market is in season and warming up for the rush!

The latest Panama City Real Estate Market Update has been posted for my visitors convenience.

Some interesting items of note for January’s market update:  Read more... (289 words, estimated 1:09 mins reading time)

• Condo sales increased significantly over last years numbers in large part due to the decline in prices. Condo prices remain at their lowest levels in years.
• The average sale price of a condo is around $185k, down from 2010 average price of $256k