Hurricanes in Florida – Are you ready for the Season?

May 29, 2011

Tweet Hurricane season is upon us once again. NOAA has made their prediction for the 2011 season. Florida and Panama City Beach has seen its share of major hurricanes over the years including several major hurricanes since 2000. One of the most memorable hurricanes to hit our area was Hurricane Opal in 1995. I vividly […]

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A Quick Analysis of the Bay County Residential Market

April 14, 2011

Tweet Iam updating my stats for the 1st Quarter of 2011 and anxious to see if our market is getting healthy or not. As will all things, there’s good news and some not so good news. First, the Bay County marketplace which includes Panama City Beach, Panama City, and Lynn Haven continues to soften; typical […]

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Today’s Real Estate Appraiser and the UAD

March 24, 2011

Tweet Now, if the first thing that pops into your mind when you see the headline is birth control for an appraiser; well, you’re wrong. The Uniform Appraisal Dataset (UAD) will be a requirement for all appraisals delivered to Fannie and Freddie as of September 1, 2011. The UAD was born out of the Uniform […]

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The Impact of REO & Short Sales in the Residential Marketplace

March 9, 2011

Tweet I know everyone is familiar with the term REO and Short Sale these days and you frequently hear how this market activity can impact your home’s value. But I’m sure you have asked yourself, do they really hurt me or my neighborhood ?  The answer is YES. It is not uncommon these days for […]

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The State of the Market – Lynn Haven

February 10, 2011

Tweet One of the things that makes this job interesting is analyzing the vast array of data and seeing how the data shapes up for different locations. Generally, when you look at published real estate stats, those stats are based on a larger pool of data on a macro level. This may involve several property […]

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Panama City Beach Condos – The Year in Review

January 4, 2011

Tweet The condominium sector of Panama City Beach continued to correct throughout 2010. Contrasting the 4th Quarter of 2010 to the previous 12 month Quarter period reflects a -8.9% decline in median sale prices. Contrasting the entire 12 month period of 2010 to 2009 indicates a -7.6% decline in median sale prices for the year. […]

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The Year in Review

January 3, 2011

Tweet I don’t know about you, but one of the things I enjoy toward the end of the year is looking at past events. So, to kick off the New Year, let’s take a stroll through time in the local Bay County/Panama City FL real estate market. The analysis and charts below reflect detached single […]

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Happy 2011

January 3, 2011

Tweet Well, another year is in the books. Can you believe how fast 2010 flew by? A New Year has arrived, new resolutions are in play, and I’m sure you’re all geared up for the coming year. 2010 was a rocky year in the real estate sector on a local level as well as a […]

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Tyndall Air Force Base receives more Good News

December 1, 2010

Tweet I previously discussed the great news that our local Air Force Base received in July. Well, here’s some even better news. An article in the Panama City News Herald reports that Tyndall Air Force Base received word on Tuesday that additional planes will be coming to Bay County. The additional planes will consist of […]

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Evernote will Relax your Brain

November 29, 2010

Tweet I’ve had Evernote on my iphone for some time, but never really used it too much. Recently, I decided to start utilizing the program in my appraisal practice to see how it would fit in the day to day routine of an appraiser. At this point, I am loving it. A quick search of […]

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