Panama City Real Estate | Market summary for February 2010
The latest postings of the Panama City real estate market summaries are now available for download.
While sales and prices were slightly higher than last January, single family home prices slipped slightly last month.
As we near the start of the busiest real estate season as well as opening day of the new airport we expect to see significant increases in sales and prices for all property types.
We are already experiencing higher than average volumes of visitors to the Panama City real estate website, as well as higher than normal rental inquiries.
Panama City Real Estate | Market summary for January 2010
The latest Panama City real estate market summaries have been posted and available for download.
While sales and prices were slightly higher than last January, over all sales slipped slightly since last month.
This is however, expected as January sales are usually more sluggish than the rest of the year.
As we near the opening day of the new airport and begin to come into the height of the vacation season, we expect to see significant increases in sales and prices for all property types.
Panama City Florida real estate market update
This months Panama City Real Estate market update for November, 2009 has been uploaded and is available for your convenience.
Some interesting trends are occurring in the local market place which include:
- Increased absorption rate for both condos and single family homes
- Significant decrease in condo sales over previous months
- Slight decrease in single family home sale while average pricing decreased slightly
Here is a sample of the Condo Comparison Sales statistics:
As you can see, the condo market is still very active and sales are significantly higher than last year.
Panama City Real Estate market and mortgage updates
The latest Panama City Real Estate market update for September, 2009 has been uploaded and is available for your convenience. Some interesting trends are occurring in the local market place which include:
- Decreased absorption rate for both condos and single family homes
- Significant increase in condo sales over previous months
- Slight decrease in single family home sale yet average pricing increased slightly
In addition, the latest Panama City Florida mortgage market update has also been posted for your convenience.
Owners, put my technology to work for you. If you are interested in selling your home or condo, contact me today (850) 774-6582 for a free no obligation Home value report.
Florida Real Estate | State Sales Report – August 2009
Here is a recent report submitted by The Florida Association of Realtors (FAR) for August, 2009.
Some very interesting numbers…
Florida Sales Report – August 2009
Single-Family, Existing Homes
| Realtor Sales | Median Sales Price | |||||
| Statewide & Metropolitan Statistical Areas (MSAs) |
August 2009 |
August 2008 |
% Chge |
August 2009 |
August 2008 |
% Chge |
| STATEWIDE* (1) | 13,850 | 10,813 | 28 | $147,400 | $188,500 | -22 |
| STATEWIDE-YEAR-TO-DATE | 104,255 | 83,049 | 26 | $144,000 | $199,300 | -28 |
| Daytona Beach | 686 | 573 | 20 | $132,700 | $164,200 | -19 |
| Fort Lauderdale | 816 | 604 | 35 | $217,000 | $269,800 | -20 |
Daily real estate news- Real Estate industry Watch
- No tilt; no fall real estate signsThis blog post is an informative blog post for people who purchase their own real estate signs; other’s need not read any further. For years, Worthington Realty have put up with under engineered, cheaply made real estate signs. Looking high and low, nothing was on the market which needed to meet the following requirements. 1) Guaranteed [...] […]
- NAR Encourages Slow approach to FHA changesThe National Association of Realtors® urged Congress and the administration to move cautiously before making changes to the Federal Housing Administration program that has served the needs of millions of American families for more than 75 years without needing a federal appropriation. FHA remains financially strong because it has taken steps to ensure solid […]
- NAR and Docusign announce new platformThe National Association of Realtors® announced today the release of the DocuSign REALTOR® Edition, an exclusive online eSignature service designed specifically for Realtors®. NAR and DocuSign formed a business alliance late last year through the REALTOR Benefits® Program. According to NAR, REALTORS will receive a 20 percent savings on DocuSign Basic and Doc […]
- RE/MAX Utilizes Roku IPTV to Replace Satellite NetworkRE/MAX recently rolled out RE/MAX University’s new training platform. It utilizes IPTV (Internet based TV) as opposed to Satellite as a delivery vehicle. This move is expected to accomplish two major objectives: 1) By moving to an IP based system, affilliates can access training on demand via their TV. This is a simple to use platform [...] […]
- HomeGain completes survey on Agent marketing preferencesHomeGain recently published their survey of the Top Ten Marketing Strategies for Real Estate Agents. This survey was conducted December 2009 through February 2010 and measured what marketing channels agents are currently using in marketing and what they intend to use in 2010. This provided some interesting results. “While Realtors are increasingly moving the […]
- No tilt; no fall real estate signs
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