Archive for March, 2009

Latest updates – Mortgage and Market summaries

The latest Panama City Mortgage newsletter has been published, and shows some interesting trends.

If you look at the graphs at the bottom of the page, the Mortgage Rates shift since December shows a significant decline.  This is good news for buyers waiting for the right time to purchase, which is now.

In addition, the latest Panama City real estate market summary is available.  It also shows some interesting trends: The absorption rate for both Homes and Condos for sale, has declined slightly (the time required to sell the current active listings).