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PCB News

Misleading real estate articles – Panama City, FL

Thumbnail image for Misleading real estate articles – Panama City, FL February 13, 2010

Misleading real estate articles
Over the past 90 days or so I have seen numerous news sources report that real estate sales are up. In fact, I saw one today reported by the Florida Association of Realtors. The article reported
“Feb. 11, 2010 – Sales of existing single-family homes in Florida rose 44 percent in fourth [...]

Bomb goes off in Panama City.

Thumbnail image for Bomb goes off in Panama City. January 27, 2010

A real estate bomb went off today in Panama City when The St Joe Company signed deal with CB Richard Ellis. I just learned that The St. Joe Company signed a marketing deal with CBRE to market 1000 acres near the new international airport. CBRE is the largest commercial real estate company in the US [...]

Businesses leaders plan Amendment 4 fight

December 22, 2009

Business community leaders last week took the first step toward organizing to fight an amendment that would allow residents to vote on all zoning changes to city and county comprehensive land-use plans.

FDIC takeover of People’s First Bank

Thumbnail image for FDIC takeover of People’s First Bank December 20, 2009

December 18, 2009 FDIC took over all 29 branches of People’s First Bank. The bank has been under review for more than a year when its capital fell below federal guidelines. The FDIC estimates the failure of Peoples First Bank will cost the deposit insurance fund  $556.7 million
Peoples First Bank lost more than $135 million [...]

Officials Get Ready For Spring Break 2010

December 10, 2009

Panama City Beach officials plan to spend $25,000 to hire off-duty state troopers who will help patrol college students visiting north Florida for spring break next year.

Travel guide high on Northwest Florida

December 9, 2009

Northwest Florida residents who want to visit one of the top tourist destinations in the world for 2010 need only step outside.

Water Main Break Causes Sinkhole in Intersection

November 30, 2009

A sinkhole shuts down a beach intersection Saturday afternoon. Traffic had to be diverted around the intersection of North Lagoon Drive and Joan Avenue for several hours.