Posts tagged as:

bay county

Panama City Beach Condo Resorts on Lender Blacklist.

June 24, 2009

Before you spend endless hours searching for a Panama City Beach condos online, contact a knowledgeable real estate agent to find out which properties are eligible for what financing. A large number of condos in Panama City Beach are considered condotels. They do not qualify for conventional financing so the interest rate will be 1% [...]

Panama City Foreclosure List

June 12, 2009

If you are looking for foreclosures in Panama City
& foreclosures in Panama City Beach you have found
the site you are looking for.
Foreclosures in Panama City

MLS ID: 391480

Price: $199,900

Subdivision: ECONFINA ESTATES UNRECORD.
Bedrooms: 3 Bathrooms: 3
Property Type: Detached Single Family
Foreclosure

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Foreclosures in Panama City Beach

MLS ID: 382017

Price: $199,000

Subdivision: BRANDYWINE [...]

REO Agent in Panama City Beach

May 3, 2009

Are you looking for a full-service REO disposition service center serving Northwest, Florida. We offer a efficient disposition service to investors and outsourcers.  We specialize in the marketing and liquidation of single family, multi-family, and condominiums. We can help maximize your return through our exclusive and innovative online marketing resources, investor relationships, and our use [...]

Another reason to buy real estate in Panama City Beach, FL

April 20, 2009

Have real estate prices over corrected in Panama City Beach?
Foreclosures have driven prices down in Panama City & Panama City Beach over the past 12 months. But are they over correcting?
IHS Global Insight  and PNC Financial Services Group just released a new study that reveals home prices across the nation have over corrected.  Do you think prices [...]

Panama City Beach Condo Foreclosure List

April 4, 2009

MLS#: 393027m RES – CND A 9850 THOMAS DR S, #1202 E, PANAMA CITY BEACH ListPrice: $119,900
Area: BB-Bay County-Beach SUNBIRD CONDO ApxSqft: 610
Beds: 1 Baths:Full:1Half:0   YrBlt: 1986
——————————————————————————–
MLS#: 391127m RES – CND A 15615 FRONT BEACH RD, #204, PANAMA CITY BEACH ListPrice: $129,900
Area: BB-Bay County-Beach AMBASSADOR BEACH CONDO ApxSqft: 475
Beds: 0 Baths:Full:1Half:0   YrBlt: 1970
——————————————————————————–
MLS#: 391128m RES [...]

Average price for condos in Panama City Beach, Florida falls 21.8%.

April 2, 2009

The average sales price for a condominium in Panama City Beach, FL continues to fall.  In 2006 the average price for a condominium was $340,532.00.  In 2007 the average sales price was $318,598.00. In 2008 the average sales price was 293,249. But it get worse, the average sales price for a condominium the first three [...]

Panama City Beach – Short Sales vs REO’s

March 29, 2009

 
Short Sales vs REO’s

Short Sales
Active
As of 3-29-2009
300

REO’s
Active
As of 3-29-2009
51

 
 
 
 

Short Sales
Pending
As of 3-29-2009
29

REO’s
Pending
As of 3-29-2009
18

 
 
 
 

Short Sales
Contingent
As of 3-29-2009
48

REO’s
Contingent
As of 3-29-2009
3

 
 
 
 

Short Sales
Sold
Year-to-Date
20

REO’s
Sold
Year-to-Date
49

The information obtained for this report comes from the Bay County Association of Realtors and reflects only those transactions occurring on the Beach.

The Bay County Association of Realtors changed the MLS rules for Short Sales. How can you take advantage of this new change?

March 28, 2009

Realtors in Bay County, Florida (Panama City and Panama City Beach) are now required to change listings with an accepted offer by the seller, that is waiting approval from the lender, from an Active listing to a Contingent listing. This removes the listing from searchable websites and reduces the number of people that know the [...]

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