Panama City Real Estate | More foreclosures than any time in history
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 Beach Real Estate | Market Summary June 2010
The latest postings of the June 2010, Panama City real estate market summaries are now available for download.
Panama City Beach condo sales increased slightly while prices dropped a bit during June month. This is obviously good news for buyers wanting to purchase vacation condo on the gulf.
Prices on single family home prices increased slightly while sales volume dipped.
We also continue to experience higher than normal volumes of visitors to the Panama City real estate website, as well as higher than normal rental inquiries.
Have other areas been affect by oil spills?
Yes – Santa Barbara, California.
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.
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Panama City Real Estate Authors
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- Pine Beetles Create Destruction and Spur Creativity in ColoradoAnyone who visits Colorado is instantly taken aback by the impressive beauty of the state. Unfortunately, according to the Colorado State Forest Service, in a recent article, the state’s natural beauty is facing a very serious threat as hundreds of thousands of acres of lodgepole forests are being threatened by a mountain pine beetle (MPB) [...] […]
- FIABCI-USA Fall Business Conference “Connecting Continents”The FIABCI-USA Fall Business Conference “Connecting Continents” is coming up quickly. The 2010 gathering of local, national and international professionals is to be held in Seattle, WA, September 23-26, at the Edgewater Hotel located right on the water. Last years conference was a great success and was held in my hometown, Denver, CO. Why should [...] […]
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- Pine Beetles Create Destruction and Spur Creativity in Colorado
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