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        <title>Panama City Real Estate Blog</title>
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        <description>Local news and information for Panama City, Panama City Beach and Bay County Florida</description>
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            <author>jenniferim@jennifermackay.com (Super Admin JenniferMackay.com)</author>
            <title>Tax Credit Deadline</title>
            <description> <![CDATA[ 
From Realtor.org... 

Nearly half the homes sold in March  48.2 percent  were purchased by first-time buyers, according to a survey of more than 1,500 real estate practitioners by Campbell/Inside Mortgage Finance.&quot;Many observers had felt that the pool of first time home buyers had been depleted last fall,&quot; Thomas Popik, research director for Campbell Surveys, said in a statement. &quot;Instead, the normal spring-summer buying season is combining with the tax credit to produce blow-out results for first-time home buyers.&quot;Panama City Commercial Real Estate Market Is Looking Up

Despite the rising number of defaults, the commercial real estate market is improving.Prices are up. Commercial real estate values have risen 6 percent in recent months, according to Real Capital Analytics.Nearly $14 billion in loans were modified in the last six months.Investors also have been aggressively buying commercial mortgage-backed securities (CMBS). Research firm Trepp predicts that $25 billion in CMBS will be issued in 2010.

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Jennifer Mackay
850-774-6582
Panama City Real Estate | Florida


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            <pubDate>Sat, 24 Apr 2010 05:48:47 -0500</pubDate>
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