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:

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:

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.

  1. 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:

  1. 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.
  2. 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.
  3. Checking your own credit score will not harm your score if you order reports directly through the credit-reporting companies.
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