How is the Market in “The Cove”

November 24, 2010

Tweet Today we will look at market activity in the “Cove”. The Cove is a very desirable location and is appealing to market participants given the topography, water access for boating enthusiasts and convenience to the downtown area of Panama City. Due to the various bodies of water within the neighborhood, there is a wide […]

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VentureCrossings has Begun

October 21, 2010

Tweet In a prior post, I mentioned the new commercial development that was on the drawing board to mesh with our new International Airport. Well, it’s official. Development is underway for VentureCrossings with the first phase consisting of 1,000 acres of developed land. The first phase is slated for 600 acres of manufacturing and distribution, […]

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Flying High in Bay County, FL.

July 30, 2010

Tweet Back in May, I discussed that Tyndall Air Force Base was in the running with three other installations for an F-22 Raptor mission. Folks, it’s time to celebrate. It was announced yesterday that Tyndall Air Force Base has been selected for the mission. This is excellent news for our area and certainly a welcomed […]

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Keeping Your Home Safe

July 23, 2010

Tweet About one week ago, a couple in one of our communities was found dead in their home. Local law enforcement officials were baffled as to their mysterious deaths. Today, it was reported that the husband and wife passed away due to carbon monoxide poisoning. Now, the first thing I always associate with carbon monoxide […]

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The Panama City Beach Condo Market – Quarter 2 Stats

July 18, 2010

Tweet Today let’s take a look at the Panama City Beach condo market and see how values are doing. Has the oil spill from Deepwater Horizon affected this market segment ? The information below will help you make an informed decision whether you currently own or if you are just considering this area as an […]

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Bay County Market Trends – Quarter 2-2010

July 8, 2010

Tweet The tax credit has expired and of course, the scramble was on to close pending contracts before June 30th; prior to the closing date extension. So, let’s see how our market is performing thus far. Contrasting the 2nd Quarter of 2010 to the prior 12 month period, the median sales price for detached single […]

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Will the BP Oil Spill Impact my Panama City Beach Condo ?

June 9, 2010

Tweet I’m sure many of you folks that own a condo on Panama City Beach can’t help but wonder how the current oil spill fiasco will impact the value of your property. After all, this area is not called the World’s most beautiful beaches for nothing, right ? That’s certainly a great question and for […]

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Think Twice before you turn over the keys

June 4, 2010

Tweet One of the most recent surveys conducted by Trulia and RealtyTrac indicates that over 40% of homeowners state they would consider abandoning their “underwater” home.  The survey conducted in May is the 5th survey of consumer attitudes since 2008; although it is the first time that questions dealing with “underwater” mortgages were included. Default […]

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May Market Trends – Bay County, FL

June 2, 2010

Tweet Now that the home buyer tax credit has passed, a significant amount of the May sales were closings with contracts that were executed prior to the tax credit termination date. The table below is based on local MLS data for the detached single family sector of Bay County, Florida. The data indicates continual market […]

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Hurricane Season starts today

June 1, 2010

Tweet Well, June 1 marks the official day of the 2010 Hurricane Season.  For residents along the Gulf Coast, this is something that everyone must be cognizant of and hopefully be prepared for. The links herein will give you a refresher course for the items needed for your hurricane kit. The map below shows evacuation […]

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