Panama City Real Estate | Mortgage update

The latest mortgage market update for the Panama City, Florida area has been posted for your convenience.

Here is a short summary:

Last week’s economic data continued to be mostly positive, but mortgage rates slid downwards. This
manufacturing-lead recovery continues to maintain its pace, with Industrial Production numbers
revealing solid gains for manufacturing and mining issues. While the housing and labor market will
likely be a major drag on the recovery for some time, retail sales did tick upward more than expected.
As economically positive as most of last week’s news was, inflation at the consumer level of the
economy is all but absent. This should enable the Fed to maintain its stance regarding low interest
rates for the foreseeable future.  Read more | Florida Real Estate | Panama City... (210 words, estimated 50 secs reading time)

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:

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.  Read more | Florida Real Estate | Panama City... (198 words, estimated 48 secs reading time)

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.  Read more | Florida Real Estate | Panama City... (169 words, estimated 41 secs reading time)

Financing a Home with an FHA 203k Mortgage

Homeowners continue to snatch up foreclosed properties across the country as lending institutions look to unload backed-up inventories. The government has even rolled out a national program to help people purchase these troubled properties.

But some prospective buyers are running into problems during the appraisal process. Foreclosed properties can present a nightmare for buyers, who might have to contend with all kinds of health, safety or structural concerns that can knock the lending process off track.  Read more | Florida Real Estate | Panama City... (369 words, estimated 1:29 mins reading time)

Florida Real Estate Market | The Beginning Of The Turn Around?

I am pleased to present the first in a series of posts based on a report by Keller Williams:

This month offers a lot of encouraging news for the U.S. housing market.  Home sales have now shown a steady increase for four consecutive months.

Housing inventory has decreased and home prices have edged up compared to last month.

Many economists still cite a recovery in real estate as key to economic stability—bringing more jobs, growth, higher income opportunities, and stronger, more stable tax revenues.  Read more | Florida Real Estate | Panama City... (289 words, estimated 1:09 mins reading time)

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