Panama City Florida Area Index

Panama City Real Estate

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Panama City Real Estate | Office Location Panama City Real Estate
Keller Williams Success Realty
309 Richard Jackson Blvd., Suite 200
Panama City Beach, Florida 32407
Phone: (850) 774-6582
Fax: (850) 522-3967

Tax Credit Deadline

Posted by Jennifer Mackay.com on Saturday, April 24th, 2010 at 5:48am.

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.

"Many observers had felt that the pool of first time home buyers had been depleted last fall," Thomas Popik, research director for Campbell Surveys, said in a statement. "Instead, the normal spring-summer buying season is combining with the tax credit to produce blow-out results for first-time home buyers."

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.

 

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

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Jennifer Mackay | Broker Associate
Contact me directly
Direct: 850-774-6582
Fax: 850-522-3967
Panama City Real Estate

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