Do Foreclosed Properties Hurt me ?

April 25, 2010

Tweet Have you stopped to think about how foreclosed  homes and active lender held(REO) properties can influence your home ?  Yes, while you may be making that monthly mortgage payment in a timely manner each and every month, that might be a different story for others in your neighborhood. The article below will help you […]

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http://www.OurAppraiser.com/Sallie Mae to close

April 22, 2010

Tweet The final word for the fate of local Sallie Mae workers in Lynn Haven was handed down yesterday. Employees were notified that the facility will close by the end of the year and another 700 jobs will be lost in Bay County. ..More…

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http://www.OurAppraiser.com Modular Housing Builder Gives Back

April 20, 2010

Tweet I recently received an appraisal request for a proposed modular residence. It’s been some time since I had completed one, so I started pulling some prior data for analyzing modular vs. stick built housing. NOW, I know what you’re thinking. Modular is just a fancy name for manufactured housing, right ? Well, maybe and […]

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Panama City Beach Development: St. Joe Co. ready to go

April 14, 2010

Tweet The St. Joe Company recently announced that the initial 1,000 acres of their commercial industrial park will be called VentureCrossings Enterprise Centre at West Bay. Wow, that a big name, but that’s what they are counting on. The Panama City News Herald reports: VentureCrossings will have about 100 acres for retail, office and hotel […]

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Panama City Beach Appraisal: Bay County, FL Market Trends

April 13, 2010

Tweet Today we will look at the Bay County, Fl single family market of detached single family homes on a macro level. This chart below would incorporate data from 2006 through the 1st quarter of 2010 for Panama City, Panama City Beach, Lynn Haven, Callaway, and other municipalities. As noted from the chart below, market […]

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Lynn Haven FL Appraiser: Market Trends, Qtr1 – 2010

April 11, 2010

Tweet Today we will look at the Lynn Haven, FL marketplace comprising the 32444 zip code.  The chart below reflects single family housing on a macro level. Typical of several areas in Bay County, FL. there was an upswing in the 3rd and 4th quarters of 2009 and then a decline in the 1st quarter […]

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Panama City Beach 2010 Market Trends

April 11, 2010

Tweet I recently finished compiling and analyzing the 2010 1st quarter real estate trends for Bay County including the condo sector of Panama City Beach. Overall sales volume has increased over the last 2 quarters although prices continue to correct from prior periods. As we enter the summer months, this will likely spur some increase […]

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Lynn Haven FL – Residential Construction Starts

February 10, 2010

Tweet A recent article in the Panama City News Herald reports: Economists statewide are watching new construction, particularly residential startups, as a strong predictor of whether the economy is recovering. New construction, particularly new single-family homes, means more jobs, more business and more industry, Dr. Rick Harper, the University of West Florida’s Haas Center for […]

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How are you Doing – Mowat Highlands-Lynn Haven

February 1, 2010

Tweet As noted from the charts below, this area peaked in mid 2007 and has been experiencing correction since. Decline began in late 2007 and has been continual through the 3rd quarter of 09. A slight upswing is noted in the 4th quarter of 2009.

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How are you doing – Palm Bay

February 1, 2010

Tweet Today, we will look at Palm Bay Subdv. on Panama City Beach. The data shown herein reflects the Palm Bay – PCB on a macro level. In 2008, the median sales price was $332,500 compared to the prior twelve month period of $390,000 or a -14.74% change. In 2009, the median sales price was […]

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