Panama City Beach Real Estate Market Conditions
Panama City Beach Real Estate Information | Market Conditions | Boating and Fishing

5.03.09 » Panama City Beach condo sales nearly double in February!

Hi folks,

2.01.09 » Welcome 2009…we are ready…bring it on!

Well we have to say that 2008 was a VERY exciting year. Lots of good, some bad. On the good side we had a VERY good year helping buyers find properties that met there needs and helping sellers get their properties sold. On that bad side it is so difficult to speak with, meet and deal with so many folks who are in financial difficulty. It is truly heart breaking.

2.10.08 » New Fed Program-HOPE for Homeowners Avoid Foreclosure

Hi folks,

A new program rolled out by HUD could help some homeowners avoid foreclosure. Under the program, the lender of an existing subprime mortgage forgives part of the debt, and the balance is rolled into a fixed-rate FHA mortgage.

1.08.08 » $7500 Tax Credit For First-Time Homebuyers

This could be a good day for first time home buyers. Housing legislation signed into law on July 30, 2008 by President Bush is aimed at ending the current cyclical downturn in the housing industry, helping home buyers and strapped borrowers and strengthening the housing finance system, according to the National Association of Home Builders (NAHB).

25.07.08 » So Long Randy Pausch and Best Wishes To Your Family

Dearest Randy,
We are sorry to see you go…I hope you are happy and having fun.

Having suffered the recent loss of a very dear friend to brain cancer, my mother inlaw… your words and spirit are comforting and enlightening. Mary Singer fought to the end and NEVER gave up. Mary…we love you and miss you SO much.

17.07.08 » Majestic Beach Resort Condo SOLD! Another happy customer!

Hi folks,
We recently received these comments and testimonial from one of our VERY happy customers. You can read al our customers’ comments here: http://www.vivianfoate.com/testimonials.shtml

July 16, 2008

Dear Mike and Vivian,

16.06.08 » The Grand Lagoon National Saltwater Fishing Tournament in Panama City Beach

Panama City Beach has a new Saltwater Fishing Tournament and it maiden voyage is this summer! The Grand Lagoon National is sheduled for August 20-24, 2008. Panama City Beach’s other big tournament is the Bay Point Annual Billfish Invitational will be on July 9th to the 13th.

28.05.08 » Customer Purchases His First Foreclosure Property!

Hi folks,
A dual citizenship Canadian / US customer of ours purchased his first foreclosure property. He is needless to say very happy with our service and with his new home! If you need information on foreclosure property, short sales or conventional transactions please don’t hesitate to contact us. We are very easy to talk to and to deal with.

15.05.08 » Panama City Beach Condo Lending And Financing Conditions Improve

Hi folks,
It looks like the lending climate may be improving for condo market here in Panama City Beach, FL. We recently received correspondence from a lender that included a list of “Approved” condos.

* Please note this information is from one particular lender. We have several that we work with that are financing condos.

28.04.08 » Frank Brown Park Near Pier Park To Host Circus by the Sea!

From June 13 to August 2, 2008, Florida’s newest seasonal attraction will spring to life at Frank Brown Park near Pier Park, bringing a dazzling three-ring aerial and stage production to residents and visitors alike.

24.04.08 » Financing Condos and Condo Hotel Units In Panama City Beach FL

Current Lending Climate In Panama City Beach For The Purchase Of Condos And Condo Hotel Units

10.04.08 » Seabreeze Jazz Fest says HELLO to Pier Park

The nationally recognized Seabreeze Jazz Festival will move from Walton County to the public amphitheater at Pier Park, Panama City Beach for 2009.

“This is a great event,” said TDC Chairman Andy Phillips. The TDC unanimously passed a resolution to provide the organizers $10,000 to help in the relocation from its current site in Destin to Pier Park in Panama City Beach.
Have a GREAT day!
Mike and Vivian

3.04.08 » Panama City Beach Real Estate Absorption Rates

Hi folks,
I hope all of you are doing well today. I just posted the Panama City Beach Real Estate For Sale inventory numbers for Panama City Beach, Panama City and Bay County. The numbers are for the month of March.

21.03.08 » Real Estate Auction Strategy and Tips

With Real Estate Auctions all the rage right now, I would like to offer some advise and tips on how to be prepared to bid on real estate at auction.

A REALTOR(R) can be a GREAT asset to the auction process. Many Auction Companies provide a cooperative commission to REALTORS(R) that register a buyer and attend the auction.

27.02.08 » Pier Park in Panama City Beach is Open for Business!

Good day all,
Pier Park outdoor mall and retail center in Panama City Beach is now open for business! This is arguably THE most important GOOD thing to happen to the beach in a long while. We think it is even more important than the new airport.

16.02.08 » Florida Property Tax Amendment 1 and how it affects you.

The following was sent by State Senator Don Gaetz of Florida

Now that it’s law, here’s how Florida Property Tax Amendment 1 may affect your tax liability.

Dear Neighbor,

28.01.08 » Panama City Bay County International Airport Stay Lifted

A federal appeals court in New York has cleared the way for construction to begin in full at the new Panama City-Bay County International Airport, officials announced Monday.

“This is a red-letter day for the airport,” said Airport Authority Vice Chairman Bill Cramer upon receiving news of the decision just before an Airport Authority’s regular meeting Monday morning.

25.01.08 » Tidewater Condo Purchase Customer’s Testimonial

Hi folks,

We just received this nice testimonial from one of our recent customers. We REALLY do provide FANATICAL customer service!

Dear Vivian and Mike,

25.01.08 » Mortgage Rates Lowest in Four years

Good day all,

Freddie Mac reports that interest rates on 30 year fixed rate loans fell again last week. Now at their lowest level in nearly four years.

Mortgage rates averaged 5.48 percent for the week ended Jan. 24. Down from 5.69 percent a week ago.
Freddie Mac also reports that rates on 15-year mortgages declined to 4.95 percent from 5.21 percent.