Here we go!!!
Panama City Beach Florida picked #1 for Places to own a summer home!
See the full article below:
http://money.aol.com/top5/realestate/bargain-places-summer-home-1
For more on property in Panama City and Panama City Beach Florida please visit the following:
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
www.RandBCoastalRealEstate.com
www.InvestSmarter.com
Friday, May 30, 2008
Panama City Real Estate and Panama City Beach Real Estate Market Report-5/30/08
The market trends in Panama City and Panama City Beach are on a steady upward trend. This is due to more realistic prices on home and condominiums prices. The following links show MLS trends for the Panama City and Panama City Beach Real Estate Market:
Panama City and Panama City Beach FLORIDA Real Estate
Panama City Real Estate
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
Panama City Beach Real Estate
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
For homes and condos for sale in Panama City and Panama City Beach Florida please use any of the following sites:
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
www.RandBCoastalRealEstate.com
www.InvestSmarter.com
Panama City and Panama City Beach FLORIDA Real Estate
Panama City Real Estate
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
Panama City Beach Real Estate
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
For homes and condos for sale in Panama City and Panama City Beach Florida please use any of the following sites:
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
www.RandBCoastalRealEstate.com
www.InvestSmarter.com
Saturday, May 24, 2008
Panama City Real Estate-Morgage Rates Drop Again
Daily Real Estate News May 23, 2008
30-Year Mortgage Rates Drop
After four weeks in an upward trajectory, Freddie Mac reports that long-term mortgage rates are falling again. The average interest on a 30-year fixed loan settled at 5.98 percent this week, down 0.03 percent from the prior week. Rates on 15-year fixed mortgages, meanwhile, slipped 0.5 percent for the week to an average of 5.55 percent. Borrowing costs drifted slightly higher, however, on adjustable-rate products. Five-year ARMs bumped up 0.04 percent to 5.61 percent, while one-year ARMs moved up 0.06 percent to 5.24 percent.
Source: Chicago Sun-Times (05/23/08) Copyright Info Inc.
So what doest this mean for the Real Estate Market when looking at Panama City Florida Real Estate and Panama City Beach Florida Real Estate?
We are slowly getting back to a more stable point in the market. A lot of buyers today are not worried about just "where's the bottom" of the Panama City Real Estate Market, but also "I don't want to buy too soon and risk a higher interest rate." So when you are searching for Panama City Real Estate, one must ask themselves when is the right time to make a move. No one has a crystal ball, but what we do know is that interest rates, for now, are remaining flat to dipping to increasing slightly. Ensure that when you are buying real estate, whether in Panama City or Panama City Beach you are working with a qualified Panama City Real Estate agent and a competent mortgage agent or bank. They both should be able to help you with market trends in their respective area. Please visit us online at http://www.investsmarter.com/ or http://www.randbcoastalrealestate.com/ to view more homes and condos for sale in the Panama City Real Estate and Panama City Beach Real Estate Markets.
Friday, May 16, 2008
Weekly Trend Data May 16th 2008
Weekly Trend Data from R and B Coastal Real Estate
FLORIDA
Panama City
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
Panama City Beach
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
www.InvestSmarter.com
FLORIDA
Panama City
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
Panama City Beach
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
www.InvestSmarter.com
Bay Point Florida Real Estate and Bay Point Real Estate Links
We're up and running...see more information about Bay Point Florida and Bay Point Real Estate below. These internal sites are dedicated to providing you more information about the homes and/or condos for sale in Bay Point Florida.
http://www.randbcoastalrealestate.com/Bay-Point-Real-Estate/
http://www.randbcoastalrealestate.com/Bay-Point-Florida/
Let us know if there is another subdivision you would like easier and quick access to!
More to come on the condominium front also so make sure you stay tuned there!!!
http://www.randbcoastalrealestate.com/Bay-Point-Real-Estate/
http://www.randbcoastalrealestate.com/Bay-Point-Florida/
Let us know if there is another subdivision you would like easier and quick access to!
More to come on the condominium front also so make sure you stay tuned there!!!
Sunday, May 11, 2008
Market Trends for Panama City and Panama City Beach Florida Week of 5/11/08
Market Trends for Panama City and Panama City Beach Florida Week of 5/11/08:
FLORIDA
Panama City Real Estate
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
Panama City Beach Real Estate
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
www.RandBCoastalRealEstate.com
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
FLORIDA
Panama City Real Estate
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
Panama City Beach Real Estate
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
www.RandBCoastalRealEstate.com
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
Wednesday, May 7, 2008
Jumbo Loan Rates....Is there more help coming?
Daily Real Estate News May 6, 2008
Frank Aims to 'Unstick' Jumbo Loans
Expressing dissatisfaction with the mortgage industry's response to congressional efforts to prop up the jumbo home loan market, Rep. Barney Frank (D-Mass.) said he will convene a meeting in late May with mortgage bankers, Fannie Mae, Freddie Mac, and Wall Street interests. As chairman of the House Financial Services Committee, he said he will try to determine why jumbo loans remain elusive and continue to bear steep borrowing costs despite temporary new rules put in place on April 1 that allow Fannie Mae and Freddie Mac to purchase or guarantee mortgages for more than $417,000. "We fought very hard to raise the loan limits for Fannie and Freddie, and there have been a lot of problems in implementation," Frank remarked. "There is a chain of people blaming each other, and we're going to call everybody in there into the hearing and find out why." Mortgage Bankers Association chief economist Jay Brinkmann responded that Wall Street investors have balked at investing in jumbo loans under the new higher ceiling until the market determines appropriate pricing on such securities and evaluates their risks. "You don't want to guess on the low side," he warned. "If you make a mistake in this environment, you can take a serious price hit." Source: Boston Globe (05/06/08)
www.InvestSmarter.com
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
www.RandBCoastalRealEstate.com
Frank Aims to 'Unstick' Jumbo Loans
Expressing dissatisfaction with the mortgage industry's response to congressional efforts to prop up the jumbo home loan market, Rep. Barney Frank (D-Mass.) said he will convene a meeting in late May with mortgage bankers, Fannie Mae, Freddie Mac, and Wall Street interests. As chairman of the House Financial Services Committee, he said he will try to determine why jumbo loans remain elusive and continue to bear steep borrowing costs despite temporary new rules put in place on April 1 that allow Fannie Mae and Freddie Mac to purchase or guarantee mortgages for more than $417,000. "We fought very hard to raise the loan limits for Fannie and Freddie, and there have been a lot of problems in implementation," Frank remarked. "There is a chain of people blaming each other, and we're going to call everybody in there into the hearing and find out why." Mortgage Bankers Association chief economist Jay Brinkmann responded that Wall Street investors have balked at investing in jumbo loans under the new higher ceiling until the market determines appropriate pricing on such securities and evaluates their risks. "You don't want to guess on the low side," he warned. "If you make a mistake in this environment, you can take a serious price hit." Source: Boston Globe (05/06/08)
www.InvestSmarter.com
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
www.RandBCoastalRealEstate.com
Monday, May 5, 2008
Developing Land.....Even with Low Risk there is Risk
Daily Real Estate News May 5, 2008
Lots of Land, But Building Can Be Risky
There’s a lot of vacant land for sale at the moment, but does building a custom home make sense? Ask different real estate professionals, and you'll get different answers. Debbie Jensen, an associate with Fairfax Realty in Herndon, Va., says the answer is simple: Just don't build. At least not now. Buyers take on too much risk and are at the mercy of builders, she says. "I can't tell you the amount of tears and frustration I've seen.” She recommends instead that her clients buy an existing home, even if it's only 80 percent of what they want. It's much easier to redo an existing house than to start from scratch, she contends.Other see it differently. "Land is a good deal right now," says Mark Hastings, an associate with RE/MAX Gateway in Chantilly, Va., where prices in many nearby areas are down. Hastings says he's seeing a lot of nervousness from potential buyers who are worried that they will get in over their heads and then not be able to sell their custom home. But he believes that concern is overblown because top-quality homes hold their value. "The people who are building are in the more affluent range," he says.Source: The Washington Post, Diane Reynolds (05/03/2008)
www.Panama-City-Beach-Florida-Commercial-Real-Estate.com
www.Destin-Florida-Commercial-Real-Estate.com
www.InvestSmarter.com
www.RandBCoastalRealEstate.com
Lots of Land, But Building Can Be Risky
There’s a lot of vacant land for sale at the moment, but does building a custom home make sense? Ask different real estate professionals, and you'll get different answers. Debbie Jensen, an associate with Fairfax Realty in Herndon, Va., says the answer is simple: Just don't build. At least not now. Buyers take on too much risk and are at the mercy of builders, she says. "I can't tell you the amount of tears and frustration I've seen.” She recommends instead that her clients buy an existing home, even if it's only 80 percent of what they want. It's much easier to redo an existing house than to start from scratch, she contends.Other see it differently. "Land is a good deal right now," says Mark Hastings, an associate with RE/MAX Gateway in Chantilly, Va., where prices in many nearby areas are down. Hastings says he's seeing a lot of nervousness from potential buyers who are worried that they will get in over their heads and then not be able to sell their custom home. But he believes that concern is overblown because top-quality homes hold their value. "The people who are building are in the more affluent range," he says.Source: The Washington Post, Diane Reynolds (05/03/2008)
www.Panama-City-Beach-Florida-Commercial-Real-Estate.com
www.Destin-Florida-Commercial-Real-Estate.com
www.InvestSmarter.com
www.RandBCoastalRealEstate.com
Condos...make sure you can rent and there are no restrictions before buying!
Daily Real Estate News May 5, 2008
Condo Owners Face Rental Dilemma
Condo owners who can’t sell their units often consider leasing the space to tenants until the market improves. Yet, increasingly, such owners are discovering that their condo association has rules preventing them from doing so.Rental policies vary by condo association, but generally associations limit the percentage of units that can be occupied by tenants. Some communities require owners to submit the lease they plan to use to the condo board for approval. The rental restrictions are meant to guard against the condo being viewed as a risky investment by lenders who believe that buildings with a high concentration of rentals are harder to market to homebuyers. Fannie Mae will not guarantee a loan for a condo in which renters make up more than 49 percent of the occupants.The rules generally stem from a feeling that renters don’t take good care of a unit and can reduce the value of the unit.Source: The Washington Post, Renae Merle (05/03/2008)
www.RandBCoastalRealEstate.com
www.InvestSmarter.com
www.Panama-City-Beach-Florida-Condominiums.com
www.Destin-Florida-Condominiums.info
Condo Owners Face Rental Dilemma
Condo owners who can’t sell their units often consider leasing the space to tenants until the market improves. Yet, increasingly, such owners are discovering that their condo association has rules preventing them from doing so.Rental policies vary by condo association, but generally associations limit the percentage of units that can be occupied by tenants. Some communities require owners to submit the lease they plan to use to the condo board for approval. The rental restrictions are meant to guard against the condo being viewed as a risky investment by lenders who believe that buildings with a high concentration of rentals are harder to market to homebuyers. Fannie Mae will not guarantee a loan for a condo in which renters make up more than 49 percent of the occupants.The rules generally stem from a feeling that renters don’t take good care of a unit and can reduce the value of the unit.Source: The Washington Post, Renae Merle (05/03/2008)
www.RandBCoastalRealEstate.com
www.InvestSmarter.com
www.Panama-City-Beach-Florida-Condominiums.com
www.Destin-Florida-Condominiums.info
Condos...make sure you can rent and there are no restrictions before buying!
Daily Real Estate News May 5, 2008
Condo Owners Face Rental Dilemma
Condo owners who can’t sell their units often consider leasing the space to tenants until the market improves. Yet, increasingly, such owners are discovering that their condo association has rules preventing them from doing so.Rental policies vary by condo association, but generally associations limit the percentage of units that can be occupied by tenants. Some communities require owners to submit the lease they plan to use to the condo board for approval. The rental restrictions are meant to guard against the condo being viewed as a risky investment by lenders who believe that buildings with a high concentration of rentals are harder to market to homebuyers. Fannie Mae will not guarantee a loan for a condo in which renters make up more than 49 percent of the occupants.The rules generally stem from a feeling that renters don’t take good care of a unit and can reduce the value of the unit.Source: The Washington Post, Renae Merle (05/03/2008)
http://www.randbcoastalrealestate.com/
http://www.investsmarter.com/
http://www.panama-city-beach-florida-condominiums.com/
http://www.destin-florida-condominiums.info/
Condo Owners Face Rental Dilemma
Condo owners who can’t sell their units often consider leasing the space to tenants until the market improves. Yet, increasingly, such owners are discovering that their condo association has rules preventing them from doing so.Rental policies vary by condo association, but generally associations limit the percentage of units that can be occupied by tenants. Some communities require owners to submit the lease they plan to use to the condo board for approval. The rental restrictions are meant to guard against the condo being viewed as a risky investment by lenders who believe that buildings with a high concentration of rentals are harder to market to homebuyers. Fannie Mae will not guarantee a loan for a condo in which renters make up more than 49 percent of the occupants.The rules generally stem from a feeling that renters don’t take good care of a unit and can reduce the value of the unit.Source: The Washington Post, Renae Merle (05/03/2008)
http://www.randbcoastalrealestate.com/
http://www.investsmarter.com/
http://www.panama-city-beach-florida-condominiums.com/
http://www.destin-florida-condominiums.info/
Fitness is More than A Fad....and Doesn't Take too Much Room
Daily Real Estate News May 5, 2008
Home Gyms: Remodeling Not Required
Equipping a home with an exercise area can increase its appeal to buyers. Despite the current economic slowdown, retail sales of home gym equipment continue to grow, topping $5 billion in 2006 and rising another 3 percent in 2007, according to the National Sporting Goods Association.Designating a spare room as an exercise area doesn’t necessarily require the purchase of expensive equipment, says exercise physiologist Bob Greene, certified personal trainer to Oprah Winfrey. He proposes simple, lower-cost alternatives to expensive exercise equipment.No remodeling is required, but the equipment will suggest the possibilities to potential buyers.
Yoga mat: A cushion for floor exercises and easily rolls up
Small free weights
Exercise ball
Jump rope
Source: Universal Press Syndicate, Mary G. Pepitone (05/03/2008)
www.InvestSmarter.com
www.RandBCoastalRealEstate.com
www.Panama-City-Beach-Florida-MLS.com
www.Panaam-City-Beach-Florida-Condominiums.com
Home Gyms: Remodeling Not Required
Equipping a home with an exercise area can increase its appeal to buyers. Despite the current economic slowdown, retail sales of home gym equipment continue to grow, topping $5 billion in 2006 and rising another 3 percent in 2007, according to the National Sporting Goods Association.Designating a spare room as an exercise area doesn’t necessarily require the purchase of expensive equipment, says exercise physiologist Bob Greene, certified personal trainer to Oprah Winfrey. He proposes simple, lower-cost alternatives to expensive exercise equipment.No remodeling is required, but the equipment will suggest the possibilities to potential buyers.
Yoga mat: A cushion for floor exercises and easily rolls up
Small free weights
Exercise ball
Jump rope
Source: Universal Press Syndicate, Mary G. Pepitone (05/03/2008)
www.InvestSmarter.com
www.RandBCoastalRealEstate.com
www.Panama-City-Beach-Florida-MLS.com
www.Panaam-City-Beach-Florida-Condominiums.com
Friday, May 2, 2008
Weekly Sales Trends Panama City and Panama City Beach Florida Real Estate
Weekly trends for the 1st of May. The season is getting a little better. Things are up on the sales side. Many sellers are beginning to understand that the hay days are gone and it's time to be realistic. Prices are coming back to a normal and stable point. If you have any questions on these trends, please let us know.
Have a wonderful day!
www.InvestSmarter.com
www.RandBCoastalRealEstate.com
FLORIDA
Panama City
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
Panama City Beach
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
For more information on available property in and around the Panama City Beach area, please don't hestitate to call or go to either of the sites below.
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
Have a wonderful day!
www.InvestSmarter.com
www.RandBCoastalRealEstate.com
FLORIDA
Panama City
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
Panama City Beach
2008 Resale Housing Trend Report
2007 Resale Housing Trend Report
For more information on available property in and around the Panama City Beach area, please don't hestitate to call or go to either of the sites below.
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
Thursday, May 1, 2008
Open Houses Seen as Key Today
Daily Real Estate News May 1, 2008
Open Houses Seen as Key Today
Many real estate practitioners are holding open houses now that the market has slowed, viewing such events as a good way to maximize exposure. According to David Williams of Utah-based Williams Realty, "An open house can be a great way to get feedback on a house and validate the price. It also exposes the home to buyers who are not currently working with a practitioner and may not be aware of the home's availability." Other pratitioners like open houses because they show interested buyers that they have competition, and they attract the attention of impulse buyers. RE/MAX Northern Illinois says practitioners can ensure their open houses are a success if they stick around to answer questions, seek feedback and hand out information; make sure the home is clean and free of clutter; advertise online, in local newspapers and through post cards sent to neighbors and prospects; and hold events on Sunday afternoons, when most buyers are available to browse properties. Source: Realty Times, Broderick Perkins (04/30/08)© Copyright 2006 Information Inc.
Open houses are good these days because buyers are looking. They are being savy though.
www.InvestSmarter.com
www.RandBCoastalRealEstate.com
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
Open Houses Seen as Key Today
Many real estate practitioners are holding open houses now that the market has slowed, viewing such events as a good way to maximize exposure. According to David Williams of Utah-based Williams Realty, "An open house can be a great way to get feedback on a house and validate the price. It also exposes the home to buyers who are not currently working with a practitioner and may not be aware of the home's availability." Other pratitioners like open houses because they show interested buyers that they have competition, and they attract the attention of impulse buyers. RE/MAX Northern Illinois says practitioners can ensure their open houses are a success if they stick around to answer questions, seek feedback and hand out information; make sure the home is clean and free of clutter; advertise online, in local newspapers and through post cards sent to neighbors and prospects; and hold events on Sunday afternoons, when most buyers are available to browse properties. Source: Realty Times, Broderick Perkins (04/30/08)© Copyright 2006 Information Inc.
Open houses are good these days because buyers are looking. They are being savy though.
www.InvestSmarter.com
www.RandBCoastalRealEstate.com
www.Panama-City-Beach-Florida-MLS.com
www.Panama-City-Beach-Florida-Condominiums.com
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