Where will everyone live and where will they vacation? Panama City Beach?

As new data comes out on what is happening in the real estate market, we have to keep asking ourselves.....is there enough supply? That is a weird question right now...because there is plenty!! But what about down the road? What's going to happen then? What will be available? We know big names and institutions are buying up property left and right for this coming boom. We talk a bit more about this at www.InvestSmarter.com and determine how this will affect areas like Panama City Beach Florida.

With an increase in population the second home market and condo market is another great opportunity to consider. See more information below, but if you are looking for investing advice on Panama City Beach Florida visit us online today!

Population Boom Will Drive Real Estate Industries When the Census Bureau released population projections last month, more attention was paid to the country's changing racial composition than to the massive scope of the increase. What's clear is that the latest numbers will inevitably give the real estate business a boost. The Census Bureau is projecting an increase of 135 million people in the U.S, a 44 percent rise, by 2050. That’s equivalent to the entire populations of Mexico and Canada moving to the United States. The bureau estimates that this population boom, largely fueled by immigration, will require 52 million new housing units, along with more places for people to shop and work. Source: The Washington Post, Steven A Camarota (08/31/2008)

For more information on property for sale in Panama City and Panama City Beach Florida take a few minutes to search online and see if there is that perfect fit for you or your family. You might just be surprised at the Emerald Coast!

Vacancies Hit another Low

We keep seeing it over and over again at www.InvestSmarter.com. People are being foreclosed on or just leaving and mailing the bank a set of keys. Builders are starting to really panic and people are asking..what do I do now? There are options and in the Panama City and Panama City Beach Florida areas we are giving owners a great option. Contact us today to find out more about how we can help. In the meantime here is an interesting article on what is happening in the national market:

Daily Real Estate News August 1, 2008

Home Vacancies Set Record in 2Q

The Census Bureau says the 18.6 million homes sitting unoccupied nationwide during the second quarter set a new record, attributable to the housing slump and rising foreclosure rate. Year-over-year, the number of vacant dwellings was up 6.9 percent, and 2.8 percent of these vacant homes were nonrentals. The report also shows 4 million rentals standing empty during the second quarter and a jump in vacant homes in the "other" category, including foreclosures and those empty while undergoing improvements, to 3.2 million from 3 million in 2007.Source: American Banker (07/25/08)

For more information on what is available in Panama City and Panama City Beach Florida visit our website at www.Panama-City-Beach-Florida-MLS.com for more available properties in many different categories and price ranges.

Panama City and Panama City Beach Florida Real Estate Trend Reports

Every exciting and changing Real Estate in the Northern Florida area has brought another exciting time to the Emerald Coast. The Panama City Beach Florida Condo market is finally stable and many investors are reaping the rewards of summer rentals as we speak. The Residential Market in Panama City Beach has also take a very strong turn and the rental market stays strong. We discuss more information at www.InvestSmarter.com around property and smarter investing in real estate. Please see the most current trends below:


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


This information brought to you from Narreia and www.RandBCoastalRealEstate.com affiliated and part of the www.InvestSmarter.com network of Qualified Real Estate Agents and Brokers.