October 2011 Panama City Real Estate Market Update
Sell Your House Fast — As the month of October progressed, I was thinking to myself “Things seem to be picking up!” But, alas, the numbers proved me wrong. Only 100… Read more »
Tag: home sale
September 2011 Market Update
The biggest news in the Bay County Real Estate was the introduction of a new MLS system, which has been greeted with weeping and gnashing of teeth. There seems to… Read more »
July 2011 Market Update
Summer is the “hot” selling season, since families like to move while the kids are out of school. Since the kids go back in August, I was expecting to see… Read more »
Shadow inventory continues to depress the market
What is the shadow inventory? Ok, first, lets define “shadow inventory” The term describes houses that are in some stage of repossession, but have not yet come to market for… Read more »
Is foreclosure the end of the world?
The New York Times published an article on June 23, 2011 called The Post-Foreclosure Wait. It deals with the effect of a foreclosure on a person’s credit, and how long… Read more »
Real Estate Crisis or Credit Crisis?
Sell your house fast! I wrote a few days ago about the astounding number of mortgage applications that are being turned down. Statistics show that people with good credit and money down… Read more »
Will Wal-Mart Sell Your House?
What does Wal-Mart know that the rest of us don’t? The News Herald reports that Wal-Mart will so be re-opening it’s abandoned 23rd street location…AND they are planning a new… Read more »
Tight credit makes it harder to sell houses.
The June 25 2011 edition of the Wall Street Journal had a front page article titled “Tighter Lending Crimps Housing”. The article talked about the number of credit application that… Read more »
Selling your house? Some good news, some bad news…
The June 22, 2011 News Herald reported that sales of single family homes were up by 8% compared to a year ago! Great news, right? Well, at least it’s good… Read more »
Median Sales Price Trends
Now that 2010 has come to a close, I wanted to look back at the general trend in house prices in Bay County. The accompanying chart shows the median sales… Read more »