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

Welcome to our new Panama City Beach blog! At times you may find an eclectic array of information and posts on this blog. You may find posts with regard to Panama City Beach real estate information, tips for buyers and sellers of property, local news, boating and fishing info...maybe even some tall tales after fishing on the Gulf of Mexico or St Andrews Bay...which I liken to fishing Jurrasic Park...you never know what you are going to catch!

To navigate the posts you see below... just click on a "Title" or click where it reads "Read the full post"... after doing so you'll be able to read a post in its entirety. After reading a post you will see a place near the bottom to enter your comment...we encourage you to participate and leave a comment if you so desire.

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.

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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.

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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.

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

Mike and Vivian

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.

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

Mike and Vivian

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

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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

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3.04.08 » Panama City Beach Real Estate Absorption Rates

Capt. Mike Foate

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.

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21.03.08 » Real Estate Auction Strategy and Tips

Capt. Mike Foate

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.

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

Capt. Mike Foate

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.

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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,

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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.

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25.01.08 » Tidewater Condo Purchase Customer’s Testimonial

Capt. Mike Foate

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,

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25.01.08 » Mortgage Rates Lowest in Four years

Capt. Mike Foate

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.

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12.01.08 » Florida Property Tax Amendment Confusion

Capt. Mike Foate
Hi folks,
I am writing this in hope that the information I post here will clear up some confusion w/ regard to the Florida Property Tax Amendment that is on the ballot for January 29, 2008. This amendment is NOT the same as the previous SUPER EXEMPTION AMENDMENT that was so highly advertised. The SUPER EXEMPTION AMENDMENT is DEAD.

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4.12.07 » Court Halts Panama City, Bay County Airport Construction

The Associated Press

6:04 pm, November 30, 2007
A federal appeals court temporarily blocked construction of Bay County’s new airport, granting a request by local pilots and environmental groups opposed to the project.

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2.11.07 » Panama City | Bay County International Airport Ground Breaking

Capt. Mike Foate

Good day to all,
Yesterday was the official ground breaking for the Panama City- Bay County International Airport. Approximately 1000 people in attendance.

WestBay sector Plan Map

There is a lot of speculation as to whether or not the airport will stimulate real estate sales in the area. I think it is possible. We may see some investors come back into the market as a result of the airport contruction.

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2.11.07 » Redfish Tour Comes to RiverCamps Again!

Red Grouper

Hi folks,
RiverCamps on Crooked Creek is hosting the Redfish Tour again this year. Its a GREAT time and if you want to see how fish are handled correctly please stop by.They make every effort to educate people on the importance of maintaining our precious fishing resources.

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25.10.07 » Bay County International Airport Groundbreaking Ceremony

Panama City Beach News Release

Date Set for Bay County International Airport Groundbreaking Ceremony

Thursday, October 25, 2007

Early today the Airport Authority began emailing invitations to a “Ceremonial Groundbreaking” for the new airport, to be held on Thursday, November 1, at 9:30 a.m. on Hwy 388 in West Bay.

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23.10.07 » Pier Park | Panama City Beach Florida

Capt. Mike Foate

Pier Park in Panama City Beach sure is coming along nicely! :-) Its is going to be a GREAT place for folks to shop, eat, drink and be merry! There are a host of stores coming and quite a few under construction. The theaters are done. Long Horn Steakhouse is done. Target, Starbucks, and Panera Bread are done! :-)

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17.10.07 » Call to Action-Petition To Reduce Florida Property Taxes NOW!

Capt. Mike Foate

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Capt. Mike and Vivian Foate Realtors®-By land or By Sea! Click here to learn more about us!

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