Panama City Beach Real Estate Homes, Condos For Sale and Other Things
Panama City Beach Real Estate Information | Market Conditions | Boating and Fishing

18.05.07 » Panama City Beach-Pier Park-More New Stores Coming!

 

Pier Park has added another store to its list. JC Penney will open a store in the Panama City Beach complex by spring 2008.

The 83,000-square-foot store will be located close to the complex’s Town Center, Boardwalk and Front Beach areas. Building should begin in the next couple of months.

JCPenney joins Old Navy, Dillard’s, Jimmy Buffett’s Margaritaville, Starbucks and Ron Jon Surf Shop as retailers that have been announced as future Pier Park tenants.  Read more... (131 words, 1 image, estimated 31 secs reading time)

25.04.07 » St. Joe Company Completes Purchase Of Bay Point Marina In Bay County, Florida

Jacksonville, Florida – (April 25, 2007) – The St. Joe Company (NYSE: JOE) announced today that it completed the purchase of Bay Point Marina in Bay County near Panama City Beach, Florida from Bay Point Marina Company.

Under the terms of the agreement, JOE invested $9.8 million for the acquisition. Subject to permitting, JOE intends to expand and improve the marina over the next two years.  Read more... (152 words, 0 images, estimated 36 secs reading time)

19.04.07 » Thank you Mike and Vivian and Prudential Shimmering Sands!

 Hi Mike and Vivian!

When we decided to buy our first home in Panama City as newlyweds… we had originally planned on not using a realtor to help us find our home.  We had several agents contact us and you, Mike and Vivian were the only people who we were able to find a strong connection and feel comfortable with.

To feel like your realtors are working to your advantage and so closely with you, made this such an easy-going experience.  Read more... (250 words, 0 images, estimated 1:00 mins reading time)

11.04.07 » Build your home like a fortress to reduce insurance costs

 

Hi, This is one way to give Mother Nature a run for her money! I guess living in Florida and the Panama City Beach area…if I was near the coast and I was building a new home I sure would have to consider it. Read the article below to learn more. You may get some helpful tips on how to improve up your home and help it to withstand hurricanes. Getting a break on insurance sure would be nice!  Read more... (294 words, 1 image, estimated 1:11 mins reading time)

7.04.07 » March Panama City Bay County MLS Data and Airport Update

Hi everyone,

I just posted the most recent inventory data and statistics from the Panama City and Bay County MLS for selected property types for the month of March. It is still a BUYERS market but it seems that we are rounding the curve and we are now on the way up. You’ll see months of inventory reductions for Residential single family homes and condos. The only type that did not improve was vacant land which is still seeing increasing inventory and not enough sales to offset the increase. Click here to see for yourself.  Read more... (212 words, 1 image, estimated 51 secs reading time)

5.03.07 » February Panama City and Bay County MLS Inventory Data

 

I everyone. I just posted the most recent inventory data and statistics from the Panama City and Bay County MLS for selected property types. For the month of February not too much change. Its still a BUYERS market especially in the condo market which is carrying more than 6 years of inventory at the current sales rate. Click here to see for yourself.

Kind regards, Capt. Mike

Popularity: 11% [?]

11.02.07 » Thank you Mike and Vivian Foate for helping us buy our first home!

February 9, 2007

Mike & Vivian Foate,
Good Day!  Andrew and I would like to express our deepest appreciation on all of the work the both of you contributed to our new home.  For years to come, your time and efforts will be remembered and cherished.  It may be hard to understand why we are so grateful, but we will try to explain.  Read more... (527 words, 0 images, estimated 2:06 mins reading time)

3.02.07 » January Panama City and Bay County MLS Statistics Posted

Hello all! I just recently posted the January statistics from the Panama City and Bay County MLS. You can see it by CLICKING HERE!

Here’s a brief review of some recent local news…

Pellet Plant Comes to Jackson Co. Florida. The Marianna and Bonifay area should benefit.
Jackson County welcomes a new plant to the area that should supply more than 200 jobs. Read the the full story here.  Read more... (189 words, 1 image, estimated 45 secs reading time)

23.01.07 » RiverCamps property owners get extension on build date!

 

I have received communication from a RiverCamps property owner that this property owner has received a one year extension on their start to build date.

Many of the RiverCamps properties were sold with start to build dates. Some were not and those lots that do not have start to build dates are competition to those that do. Even the ones w/ out start to build dates are NOT selling. After the original purchase, from the close dates building had to commence by x date after close. After building started the home had to finished w/in one year.  Read more... (796 words, 1 image, estimated 3:11 mins reading time)

28.12.06 » Panama City MLS Inventory Information-November 2006

Hi folks, below you will find the November 2006 data and inventory numbers taken from our MLS.

 

 

 

Residential Land Numbers for Bay County:

• Monthly sales=28
• Average List Price=$51693
• Average Selling Price=$48211
• Average Days on Market=158
• Current Inventory=1807
• Months of Inventory=64.54

Residential Land Numbers for Panama City Beach:  Read more... (149 words, 1 image, estimated 36 secs reading time)

• Monthly sales=3
• Average List Price=$143300
• Average Selling Price=$113833
• Average Days on Market=248

12.12.06 » RiverCamps on Crooked Creek Property Owners Blog Here!

Hi RiverCamps folks,

I would like you to know that I have made this blog available to you. If you think it will help your discussions with regard to RiverCamps please feel free to post here and share with other RiverCamps property owners.

Please note when you post it will NOT show up right away. I have to delay the posts in order to keep spammers from posting…yes the spammers even spam blogs!  Read more... (225 words, 1 image, estimated 54 secs reading time)

12.12.06 » Will RiverCamps extend the start build dates?

Ok lets get this party started…is Rivercamps going to extend the start build dates for those property owners that have start build dates?

What’s the latest news? Post your news and comments here please!

Popularity: 21% [?]

6.12.06 » Panama City-Bay County Airport Relocation News

Hi and happy holidays all! Lately there has been a lot going on with the Bay County Airport relocation. You can get some information…although it is kind of old by clicking here.

Recently St. Joe Company recorded a Conservation Easement for Panama City – Bay County International Airport Relocation Mitigation…read about it here.
The local news has been covering the airport story a lot recently. The Airport Authority announced that it received the final State of Florida permits that it needs to move forward in the relocation of Panama City’s airport. Read more here.  Read more... (251 words, 1 image, estimated 1:00 mins reading time)

25.10.06 » Florida-Is it a good time to buy a home? ‘Maybe’ means ‘yes’

Is it a good time to buy a home? ‘Maybe’ means ‘yes’

NEW YORK — Oct. 25, 2006 — Many homebuyers are asking themselves if they should buy a newly built home now, or wait for prices to fall, according to a new report on RealEstateJournal.com, The Wall Street Journal’s guide to property.

 Read the full post here -Is it a good time to buy a home? ‘Maybe’ means ‘yes’

Popularity: 13% [?]

25.10.06 » Top 10 cities: Where to buy now

1. Panama City, FL

72% Projected gain in home prices (5-year)

Popularity: 12% [?]

23.10.06 » RiverCamps on Crooked Creek Market Update

 4:29 PM 10/23/2006

Hello once again fellow Crooked Creek neighbors!

We would like to take this opportunity to share some current market data and observations. We would also like to thank everyone who read the previous letter.

The market for residential lots and vacant land is very challenging at this time. Actually the market overall is very challenging but especially lots in RiverCamps.  Read more... (430 words, 1 image, estimated 1:43 mins reading time)

23.10.06 » Bay County Real Estate MLS Property Statistics-Market Data

I have taken the following data directly from our Bay County Multiple Listing Service in an effort to give buyers and sellers of property an idea as to what the market is doing.

 

Sales and Inventory History-Condos

Category – Residential / PropType: CND / Area: 02, 03, 04, 05  Read more... (393 words, 0 images, estimated 1:34 mins reading time)

Month

Year

Monthly Sales

Avg ListPrice

Avg Sale Price

% Diff Sell/list

Avg DOM

Curr Inventory

Months Inventory