Panama City Real Estate | Congress Restores Rural Mortgage Help

Here’s the latest from NAR on the Rural Housing Program…

The restoration of the single-family rural housing program that would guarantee home loans for rural buyers was passed by the Senate today and is on its way to President Obama.
The National Association of REALTORS® has vigorously lobbied to restore funding for the rural program since last March, and hailed this development as a great victory for rural home buyers.

Panama City Real Estate | Saving Electricity By Switching Standby Off For Good

Here’s a helpful post on saving electricity by my friend Lou Lynch…

The expenses for homeowners today are never ending. In addition to paying for cable and Internet services every month, most people are paying even more money to their electricity company than they need to. Why? Well, it is not a mistake on the energy supplier’s part but rather on yours. As long as TVs, computers and other electronic devices are plugged in and on standby they are costing you money.

Panama City Real Estate | Tax Credit Extension Passes; Senate OKs Flood Bill

I’ve just received this email.

Good news for those who have not closed yet…

After a close brush with a deadline that could have impacted tens of thousands of home buyers, the U.S. Congress last night passed an extension of the Home buyer Tax Credit closing deadline.

The extension is included in the Home Buyer Assistance and Improvement Act (H.R. 5623) and will prevent as many as 180,000 home buyers from losing their eligibility for the tax credit through no fault of their own. These households had home purchase contracts pending as of April 30 and had until June 30 to close on their purchases to claim the federal tax credit. Under the legislation that passed last night, these households now have until September 30 to close.

Panama City Real Estate | Callaway home for sale

This 3 bedroom, 2 bath family oriented Callaway home for sale is the latest offering from The Panama City Real Estate Team and JenniferMackay.Com.

The home features easy access and location to Tyndall AFB

The exterior features a nice sized yard with storage shed and low maintenance vinyl siding. All info taken from appraiser web site and sizes approx., please verify.

Panama City Homes for sale

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.

Panama City Condos | Florida May home and condo sales report

Here’s a new report I began receiving recently and thought I’d share it with you.

Attached are the May statistics for the State of Florida as calculated by information generated by Florida REALTORS.

Each month each member association of Florida REALTORS sends their monthly data to the University of Florida which is then placed in the charts attached.

panama-city-real-estate-may-2010-condo-sales-chart

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While the data shows dramatic drops in condo sales and prices from last year, there is a marked improvement in home sales volume with a slight decrease in price.

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