The latest edition of the Panama City Mortgage Summary has been posted and available for download at your convenience.

As we enter the summer season, I am noticing a significant increase in condo sales and vacation home requests for the Panama City and Panama City Beach Florida area.  This shows our local real estate market is beginning to stabilize.

As mortgage rates are maintaining below a 5% average now is great time to buy that Florida vacation condo or home you’ve always wanted.

Let’s not forget about the $8000 first time home buyer credit for those who have always wanted to own a home but have not had the opportunity.  This option ends December 1, 2009 so if you’ve been sitting on the face remember the dead line.

If you need assistance with purchasing a home or condo, contact me directly (850) 774-6582.