Panhandle Real Estate Inc is a locally owned and operated business founded on integrity, excellent customer services and guided by Christian principles. We currently specialize in serving the Panama City and Beaches and surrounding Bay County area.  Our reach extends to the 30A loop of South Walton to the Mexico Beach area of Gulf County. Our agents have extensive knowledge and experience working with Military and VA loan products, First Time home buyers with access to many special loan programs, some that don't require a min credit score, down payment or closing costs, extensive knowledge and experience find Investment Property and working with seasoned Real Estate Investors.  We have a good working relationship with many of the area's top new home builders and access to many additional incentives they may offer on purchases. The Real Estate market changes rapidly and we have over 100 years of real estate sales experience in office to help you Market and Sell your home quickly. If you are having trouble selling because you owe  more than your home is worth we have a excellent Long Term Property Management Team that will find you a credible and trustworthy Tenant to occupy your home.  No rental horror stories when you rent your property with us. We can also help you decide if you should Short Sell your property. We have several agents that specialize in bank negotiations to help  you get out from under your property. Voted 2 times for "Best in Bay" Real Estate company by the citizens of Bay County maybe you should check us out and let us help you with all your Real Estate needs. ...read more

Panama City, Florida Waterfront Properties sells a beautiful new house with boat-lift sits on Watson Bayou along with four beautiful adjacent waterfront lots. The properties are all a slice of heaven and just a 15 minute boat ride from the Gulf of Mexic Panama City, Florida Waterfront Properties 1036 Lapaloma Ter Panama City, FL 32401 Phone: 2144948497 Website: www.panamacityfloridawaterfrontproperties.com Contact Email: marcum8@gmail.com Keyword: Perfect properties for doctors, Waterfront properties, Boat Lift, Close Bay Medical Hospital ...read more

October 25, 2010ByThom BachelderLeave a Comment(Edit) WASHINGTON (October 25, 2010) – Existing-home sales rose again in September, affirming that a sales recovery has begun, according to the National Association of Realtors®.Sales of existing single-family, townhomes, condominiums, and co-ops jumped 10.0% to a seasonally adjusted annual rate of 4.53 million in September from a downwardly revised 4.12 million in August, but remain 19.1% below the 5.60 million-unit pace in September 2009 when first-timebuyerswere ramping up in advance of the initial deadline for the tax credit last November.The housing market is in the early stages of recovery, said NAR chief economist Lawrence Yun."A housing recovery is taking place but will be choppy at times depending on the duration and impact of a foreclosure moratorium. But the overall direction should be a gradual rising trend in home sales with buyers responding to historically low mortgage interest rates and very favorable affordability conditions," he said.The national median existing-home price for all housing types was $171,700 in September, which is 2.4% below a year ago. Distressed homes accounted for 35% of sales in September compared with 34% in August; they were 29% in September 2009.Opportunities abound in the current market, said NAR President Vicki Cox Golder, owner of Vicki L. Cox&Associates in Tucson, Ariz. "A decade ago, mortgage rates were almost double what they are today, and they're about one-and-a-half percentage points lower than the peak of the housing boom in 2005," she said. "In addition, home prices are running about 22% less than five years ago when they were bid up by the biggest housing rush on record."To illustrate the jump in housing affordability, the median monthly mortgage payment for a recently purchased home is several hundred dollars less than it was five years ago. "In fact, the median monthly mortgage payment in many areas is less than people are paying for rent," Golder said.Housing affordability conditions today are 60 percentage points higher than during the housing boom, so it has become a very strong buyers' market, especially for families with long-term plans. "The savings today's buyers are receiving are not a one-time benefit. Buyers with fixed-rate mortgages will save money every year they are living in their home—this is truly an example of how home ownership builds wealth over the long term," Golder added.Home inventory fallingTotal housing inventory at the end of September fell 1.9% to 4.04 million existing homes available for sale, which represents a 10.7-month supply4 at the current sales pace, down from a 12.0-month supply in August. Raw unsold inventory is 11.7% below the record of 4.58 million in July 2008."Vacant homes and homes where mortgages have not been paid for an extended number of months need to be cleared from the market as quickly as possible, with a new set of buyers helping the recovery along a healthy path," Yun said. "Inventory remains elevated and continues to favor buyers oversellers. A normal seasonal decline in inventory is expected through the upcoming months."One-third of homes sold to first-time buyersA parallel NAR practitioner survey shows first-time buyers purchased 32% of homes in September, almost unchanged from 31% in August. Investors were at an 18% market share in September, down from 21% in August. The balance of purchases were by repeat buyers. All-cash sales were at 29% in September compared with 28% in August.Single-family home sales riseSingle-family home sales increased 10% to a seasonally adjusted annual rate of 3.97 million in September from a pace of 3.61 million in August, but are 19.5% below the 4.93 million level in September 2009. The median existing single-family home price was $172,600 in September, down 1.9% from a year ago.Condo and co-op sales upExisting condominium and co-op sales rose 9.8% to a seasonally adjusted annual rate of 560,000 in September from 510,000 in August, but are 16.2% lower than the 668,000-unit level one year ago. The median existing condo price was $165,400 in September, down 6.2% from September 2009.Regional home salesRegionally, existing-home sales in the Northeast increased 10.1% to an annual pace of 760,000 in September but are 20.8% below September 2009. The median price in the Northeast was $239,200, which is 1.4% below a year ago.Existing-home sales in the Midwest jumped 14.5% in September to a level of 950,000 but are 26.4% below a year ago. The median price in the Midwest was $139,700, down 5.2% from September 2009.In the South, existing-home sales rose 10.6% to an annual pace of 1.77 million in September but are 14.9% lower than September 2009. The median price in the South was $149,500, down 2.6% from a year ago.Existing-home sales in the West increased 5.0% to an annual level of 1.05 million in September but are 16.7% below a year ago. The median price in the West was $213,600, which is 4.9% lower than September 2009.Read more: http://www.houselogic.com/news/articles/september-existing-home-sales-show-another-strong-gain/#comments#ixzz13OV9BolM ...read more