Keeping our fingers crossed for the airport
The future and fate of the new Panama City International Airport now rests in the hands of a three-judge appeals court panel.
Once again, your tax dollars were spent needlessly on defending the FAA’s record of decision and approval of the new airport which occured in 2006.
Our future economic growth and prosperity was defended by Don Carr, outside counsel for the Airport Authority, and Ellen Durkee, an attorney for the Department of Justice on behalf of the FAA.
Your tax dollars were spent by The Natural Resources Defense Counsel, Defenders of Wildlife and Friends of PFN, a local pilot’s organization who hired Manhattan attorney Victor Hou to represent them.
Panama City Real Estate - Investor insights…
While we wait for another verdict on the Panama City International Airport, I thought I’d take a few minutes to offer some investor insights to both my new and existing clients.
Many of my customers are real estate investors. I proudly work with both professional and experienced investors as well as new just getting into real estate investors.
Here are a few tips I hope assist you with your investment strategy:
- Plan your strategy - Know how much you can afford to invest before you begin looking. Remember that if you are investing in residential rentals, you must be able to afford to carry the mortgage during times the unit is not rental.
Annual Home Maintenance to-do list…
Your home is probably the biggest investment you will make in your lifetime. It is imperative you keep it in the best possible condition.
To accomplish this, establish a routine maintenance schedule for your home. A little time investment now, may very well save you costly repairs in the future!
If you’ve purchased your home recently, you may already have a handy tool available to get you started. Your home inspection report may include suggested routine maintenance items.
Thoroughly examine your home and add any additional items requiring repair to your list.
Panama City Beach - Things to do…
If you’re a scuba diver one interesting site to see is available in one of Panama City Beach Florida’s Underwater Archaeological Preserves.
The SS Tarpon, an ocean-going vessel that now lies beneath the sea near Panama City Beach is a divers delight. These preserves, or underwater parks, feature shipwrecks and other sunken historic sites.
The SS Tarpon ended her career on Sept. 1, 1937, when weather ended her trip. Laden with flour, sugar, canned goods, iron, beer and barrels of fuel oil, the Tarpon’s freeboard, or distance between the waterline and deck, measured less than 5 inches
Panama City Beach Real Estate - Economic Outlook
A News Herald article today examines the economic outlook for Panama City. According to Rick Harper, director of UWF’s Haas Center for Business Research and Economic Development: “The single best thing Panama City could do to attract high-wage jobs is get the airport project done as soon as possible.”
In response the real estate market, Jan Cox - Bay County Association of Realtors’ president said “Overall, Panama City’s 2007 existing home and condominium sales numbers compared favorably to the rest of Florida”.
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