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 |
Florida real estate – Panama City Market Statistics | August 2009
The Florida Real Estate Market statistics and summaries for the Panama City area for August, 2009 are now available for your convenience and download.
The Panama City Florida real estate market continues to maintain itself with slight increases and decreases in expected areas:
- Condo sales increased over last month as short sales and foreclosures and low appraisal values continue to be a factor in the market. The time-to-close factor plays a significant role in actual sale closings. In addition, smartly market priced condos continue to sell well.
Florida Real Estate Market | Seller Tips and the Local Market
In the final entry for the KW Report, I’ll offer some tips for sellers in the current market as well as advice on the local market.
Tips to prepare for buyers in a hurry!
In a competitive market, having a home in the best possible condition can help attract buyers.
A clean and clutter-free home often gives the impression of a well-kept home. When pressed for time, hitting these high notes can help leave a positive impression with buyers in twenty minutes or less.
- Kitchen: wipe down counters and fixtures with baby wipes; put away toaster, coffee maker, and can opener; empty garbage.
Florida Real Estate Market | Tips from MyFico.com
The Series on the July 2009 KW Report continues with tips from MyFico.com…
Important information to be aware of about credit scores:
- Don’t be afraid to shop around for the best rate. Multiple inquiries about the same type of loan only count as one request if done within a short amount of time.
- During the process of qualifying for and obtaining a mortgage, play it safe and wait until after your contract has closed and the mortgage is secured to open new credit.
- Checking your own credit score will not harm your score if you order reports directly through the credit-reporting companies.
Daily real estate news- Selling your home
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Panama City Real Estate Authors
- Real Estate industry Watch
- 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 [...] […]
- Jane Pannier chosen as acting President and CEO of REALTORS FCU.Tom Glatt has decide to step down from his position at REALTORS® Federal Credit Union, and Jane Pannier Announced as New Acting President and Chief Executive Officer, it was announced. According to a statement released by Dale Stinton, “We wish Tom well in his desire to relocate to New Jersey where his wife, Diane, has [...] […]
- New Bill Reduces Tax Burden for Foreign Real Estate Investment Trust InvestorsWith the United States economy still limping forward toward a recovery, any boost that it can get will certainly be more than welcome. Clearly, one of the keys to getting the economy back on track is to get the housing market moving in a positive direction. While the housing market does appear to be moving [...] […]
- FIABCI Launches International Real Estate InitiativeIn an effort to encourage communication among worldwide real estate markets, FIABCI recently launched its first international webinar. Among those participating in the webinar included leaders from the United States, the Ukraine, Russia, the United Kingdom, Italy, Mexico, Canada, France and Germany. The primary goal of this webinar was to help determine how […]
- Pine Beetles Create Destruction and Spur Creativity in Colorado
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