Panama City is the Place to be!</h1> <article> <h1>Panama City is the Place to be!</h1> <p>Sun, 15 Jun 2008 03:27:00 GMT</p> <div style="font-family:arial, geneva, lucida, sans-serif;"><p><strong><font size="3">The Cat’s Out of The Bag</font><br /> <font size="2">Panama City Beach is the Place to be</font><br /> </strong><br /> Panama City Beach’s present and future is brighter than its distinct white sand.<br /> <br /> We who live here have known this for a long time, but the word is just getting out beyond the Emerald Coast. In a recent survey by SmartMoney, PCB was selected the No. 1 destination to buy a second home. America Online featured the list on its website.<br /> <br /> This is a well-deserved honor because, as the article stated, “there is something for everyone.” There are beaches, several championship golf courses, an active nightlife, shopping, a range of luxurious beachfront properties, and much more.<br /> <br /> PCB is priming for growth. A new international airport, ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://panamacityhomes.net/blog_post.asp?post=14616">read more</a><font size="-3" color="gray">)</font></span></div> </article> <article> <h1>More Riviera, Less Redneck</h1> <p>Thu, 29 May 2008 00:07:00 GMT</p> <div style="font-family:arial, geneva, lucida, sans-serif;"><p><strong>Florida Panhandle is a Diamond Coming out of the Rough</strong></p> <p>The “Redneck Riviera” nickname for Panama City and the surrounding area along Florida’s panhandle has stuck like a canoe after hitting a sandbar.<br /> </p> <p align="center"></p> <p>The moniker populated out of the area’s penchant for drawing tourists from nearby Georgia and Alabama during the summer, hosting rowdy spring breaks, and housing an assortment of decrepit homes and seedy motels. Tom T. Hall even sang a song in 1996 entitled “Redneck Riviera” with lyrics that included, “Gulf Shores up through Apalachi-cola they got beaches of the whitest sand. Nobody cares if gramma's got a tottoo or Bubba's got a hot wing in his hand.”<br /> Twelve years later, the song’s title is outdated with the area singing a different tune. Some great things are ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://panamacityhomes.net/blog_post.asp?post=14292">read more</a><font size="-3" color="gray">)</font></span></div> </article> <article> <h1>A changing tide rolls in – buyers take notice</h1> <p>Fri, 16 May 2008 01:38:00 GMT</p> <div style="font-family:arial, geneva, lucida, sans-serif;"><p>For the past three years, patience for homebuyers has been a virtue.<br /> <br /> Since the market peaked in July 2005, sales and prices have dropped steadily. As a result, buyers could afford to be choosy because there might be a better deal across the street.<br /> Now it appears this trend is shifting towards a much better one that sends a message to potential buyers that procrastination is no longer an asset.<br /> <br /> Florida’s biggest landowner, the St. Joe Co., believes the housing market may have reached the bottom. St. Joe chief executive officer Peter Rummell points to stabilization in the residential inventory as a positive sign, adding that buyers must be "retrained" to recognize the importance of buying a home now.<br /> <br /> A Wall Street Journal article printed last week backs up Rummell’s claim. The article states that April 2008 likely marked the bottom of the U.S. housing market. It also notes that inventories are now declining ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://panamacityhomes.net/blog_post.asp?post=10476">read more</a><font size="-3" color="gray">)</font></span></div> </article> <article> <h1>Haste Makes Waste in Shifting Foreclosure Market</h1> <p>Fri, 16 May 2008 01:35:00 GMT</p> <div style="font-family:arial, geneva, lucida, sans-serif;"><p>Prospective investors in Florida foreclosures need more than a buy low, sell high philosophy. They have to buy fast, too.<br /> </p> <p align="center"></p> <p><br /> A local banker told me cash buyers in the marketplace have rose from three to 24 percent. Cash buyers have a distinct advantage because some homes need to sell before a foreclosure sale appears. This means that more savvy investors with cash are here already picking up the best properties, the cream of the crop. By the time everyone else figures out that this is the time to buy, the best properties will be gone.<br /> <br /> A few years ago, even a few months ago, this was less of an issue. In addition to a smaller proportion of cash buyers, supply skyrocketed. In September 2006, Florida had the country’s highest foreclosure activity - more than four times higher than the national average – and accounted ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://panamacityhomes.net/blog_post.asp?post=10475">read more</a><font size="-3" color="gray">)</font></span></div> </article> <article> <h1>Insurance Industry's Windfall Sends Real Estate on Downward Spiral</h1> <p>Fri, 16 May 2008 01:32:00 GMT</p> <div style="font-family:arial, geneva, lucida, sans-serif;"><p class="MsoNormal" style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal"><span style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: "Times New Roman","serif"; mso-fareast-font-family: 'Times New Roman'">Weather forecasters are not the only ones paid when they make mistakes. Insurance companies profit pretty well, too.</span></p> <p class="MsoNormal" style="MARGIN: 0in 0in 0pt; LINE-HEIGHT: normal"><span style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: "Times New Roman","serif"; mso-fareast-font-family: 'Times New Roman'"> </span> <p class="MsoNormal" style="MARGIN: 0in 0in 10pt; LINE-HEIGHT: normal"><span style="FONT-SIZE: 12pt; COLOR: black; FONT-FAMILY: "Times New Roman","serif"; mso-fareast-font-family: 'Times New Roman'">And the Florida real estate industry is paying the price.<o:p></o:p></span></p> <p class="MsoNormal" style="MARGIN: 0in 0in 10pt; LINE-HEIGHT: normal"><span style="FONT-SIZE: 12pt; COLOR: ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://panamacityhomes.net/blog_post.asp?post=10474">read more</a><font size="-3" color="gray">)</font></span></div> </article> <article> <h1>STATE FARM'S EVACUATION PLAN</h1> <p>Mon, 31 Mar 2008 19:48:00 GMT</p> <div style="font-family:arial, geneva, lucida, sans-serif;"><p class="MsoNormal" style="MARGIN: 0in 0in 10pt"><font size="3"><font face="Calibri">Historically, Florida has been known for a few specific things.<span style="mso-spacerun: yes"> </span></font></font></p> <p class="MsoNormal" style="MARGIN: 0in 0in 10pt"><span style="mso-no-proof: yes"><v:shapetype id="_x0000_t75" stroked="f" filled="f" path="m@4@5l@4@11@9@11@9@5xe" o:preferrelative="t" o:spt="75" coordsize="21600,21600"><v:stroke joinstyle="miter"></v:stroke><v:formulas><v:f eqn="if lineDrawn pixelLineWidth 0"></v:f><v:f eqn="sum @0 1 0"></v:f><v:f eqn="sum 0 0 @1"></v:f><v:f eqn="prod @2 1 2"></v:f><v:f eqn="prod @3 21600 pixelWidth"></v:f><v:f eqn="prod @3 21600 pixelHeight"></v:f><v:f eqn="sum @0 0 1"></v:f><v:f eqn="prod @6 1 2"></v:f><v:f eqn="prod @7 21600 pixelWidth"></v:f><v:f eqn="sum @8 21600 0"></v:f><v:f eqn="prod @7 21600 pixelHeight"></v:f><v:f eqn="sum @10 21600 0"></v:f></v:formulas><v:path o:connecttype="rect" gradientshapeok="t" ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://panamacityhomes.net/blog_post.asp?post=9329">read more</a><font size="-3" color="gray">)</font></span></div> </article> <article> <h1>WANT TO BECOME AN EDUCATED BUYER?</h1> <p>Mon, 31 Mar 2008 18:29:00 GMT</p> <div style="font-family:arial, geneva, lucida, sans-serif;"><div>The buzzword for 2007 was “subprime.” It was said so often on the television that a seven year old could probably tell you what it means. </div> <p>No matter where you receive your daily fix for news, the mortgage and housing industry has saturated a good portion of CNN, Fox and every newspaper outlet in America for the past year. Almost makes you enjoy really bad reality television, huh?</p> <p>Is it over yet?</p> <p>Well, not entirely, but we’re getting there. And that’s the one bright spot to hitting rock bottom…you can only go up from there! </p> <p>So take a deep breath and let out a big sigh, Floridians. We ARE on our way back up. Recent numbers have showed a ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://panamacityhomes.net/blog_post.asp?post=9328">read more</a><font size="-3" color="gray">)</font></span></div> </article> <article> <h1>A SMALL STEP FOR FLORIDA HOMEOWNERS</h1> <p>Mon, 31 Mar 2008 17:33:00 GMT</p> <div style="font-family:arial, geneva, lucida, sans-serif;"><h3 class="post-title">A SMALL STEP FOR FLORIDA HOMEOWNERS </h3> <div class="post-body"> <p> </p> <div style="CLEAR: both"></div> These have been stressful times for everyone. You can’t turn on the television without hearing something about tax increases, gas prices…something that wants to suck the life out of our wallet and bank account.<br /> <br /> When the Florida Legislation session began this month, a few more clouds over the Sunshine State floated away. Property owners all over the state let out a sigh of relief that could probably be heard all the way to South Carolina when we received a little more tax relief.<br /> <br /> Citizens will gain the freedom to purchase a new ..<span style="font-size:90%;margin-left:5px;color:#0000FF;vertical-align:baseline;"><font size="-3" color="gray">(</font><a style="text-decoration:none;" href="http://panamacityhomes.net/blog_post.asp?post=9325">read more</a><font size="-3" color="gray">)</font></span></div> </article> </main></body></html>