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... (194 words, estimated 47 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... (291 words, estimated 1:10 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

2010 Foreclosure Filing Stats – How did Panama City, FL Fare?

To get a true understanding of how Panama City, Florida’s foreclosure filings fared during the year 2010 and specifically the month of December**, we need to get a grip on what’s going on in Bay County (the home of Panama City,) the state of Florida, and the country as a whole. A foreclosure filing is defined as a default notice, auction sale notice or bank repossession.

Foreclosures – National View

Let’s start at the national level. How did 2010 compare to 2009, and what were December’s foreclosure filing numbers? According to RealtyTrac Inc’s 2010 Year End Foreclosure Report, results are mixed. Here’s what the report revealed:  Read more... (777 words, 1 image, estimated 3:06 mins reading time)

I get many calls and emails from sellers wanting to list their properties with me, due to the fact my website reaches so many potential buyers both locally and internationally.

In helping other home sellers understand the marketing methods of real estate agents, I’ve written a new article: Is your home being marketed to sell?

Here is a short excerpt from this latest article for home sellers:

Many agents rely on traditional methods of marketing their listings which no longer have the ” marketing reach” needed to reach buyers who are seriously looking for a new home or condo.  Read more... (529 words, estimated 2:07 mins reading time)

Veterans who have served their country during peacetime and especially in times of war, have sacrificed much in service to their fellow Americans and for their nation. These brave Americans receive certain benefits, which are afforded to them by our government in recognition for their service. These are called Veterans Benefits and one of the many benefits afforded to them the most valuable of all benefits is a Home Loan that is guaranteed by the VA.  Read more... (696 words, estimated 2:47 mins reading time)