Panama City Real Estate | More foreclosures than any time in history

Posted on August 27, 2010
Filed Under Florida Real Estate Market Update, Florida short sales, Personal Insights | No Comments yet, your thoughts are welcome

My visitors know I try hard to spin as much positive as possible out of negativity.

However, I am beside myself with anger at the state of the housing market and the people making decisions at the lending institutions.

The Economic Recovery Act should be renamed to the Economic Disaster Act!!!

It’s gotten’ insane.

The lenders are foreclosing on more properties than any time in history and our government is helping them do so by empowering them with the so called economic bail out!

Panama City Real Estate | Jennifer Mackay and Bloomberg Businessweek

Posted on August 13, 2010
Filed Under Local Panama City Florida news, panama city real estate market update | 6 Comments

As my readers know, Ive conducted interviews with quite a few news agencies, print and internet reporters as well as financial advisers in regards to the state of the Panama City real estate market.

Recently, I provided another interview for Bloomberg Businessweek: a very popular financial publication.

I hadn’t known the article was published until a new client contacted me and told me about it!

During the interview, I was very impressed not only of the knowledge and research they had done, but also their willingness to discuss the future prospects of the Panama City, Florida.

Panama City Real Estate | Now search for water front or water view homes and condos!

Posted on August 5, 2010
Filed Under Panama City Waterfront Condos, Panama City Waterfront Homes | 2 Comments

Well, we’re at it again doing what we do best:  Setting the standard by offering the most complete Panama City Real Estate search ability available…

For many years that the Panama City Real Estate website has been the preferred real estate website for Panama City and Panama City Beach, Florida and one request has stood out more than any other from my valued visitors and customers…

“I’d like to search for water front homes/condos only”!

I am extremely pleased to announce that thanks to my incredible webmaster, my Panama City home search page now features a fully implemented Waterfront and Water view homes and condo search!

Panama City Real Estate | Market update July 2010 | Ouch

Posted on August 4, 2010
Filed Under panama city real estate market update | No Comments yet, your thoughts are welcome

As my readers have come to expect, I pull no punches and tell it like it is.

It didn’t seem to matter that the Bay County area had little to no oil on the beach.  If anyone is in doubt as to whether the oil spill affected the Panama City real estate market, here is the proof…

Here then is the Panama City real estate market summary for July 2010 (it’s not good):

Panama City Beach real estatePanama City Beach condo sales decreased significantly while prices increased slightly a bit during July. Is it any wonder sales decreased?  We had an oil spill not far from us, and condo owners and real estate agents were trying to raise prices!

Panama City Real Estate | Congress Restores Rural Mortgage Help

Posted on July 29, 2010
Filed Under First time Florida home buyers, For buyers | No Comments yet, your thoughts are welcome

Here’s the latest from NAR on the Rural Housing Program…

The restoration of the single-family rural housing program that would guarantee home loans for rural buyers was passed by the Senate today and is on its way to President Obama.
The National Association of REALTORS® has vigorously lobbied to restore funding for the rural program since last March, and hailed this development as a great victory for rural home buyers.

keep looking »