Archive for the ‘Panama City Beach Condo Market’ Category

Panama City Beach Condo 1st Quarter 2010 Market Trend

Monday, April 5th, 2010

Panama City Beach Condo Sales Per Month

Monday, April 5th, 2010

Appraisers are not the culprits

Monday, February 8th, 2010

Appraisers are not the Culprits

February 8, 2010

There have been a lot of anecdotal stories lately about how appraisals and appraisers contributed to the real estate melt down and currently preventing the market from recovering.  Your friends at www.condosaletrends.com  (25 year Certified General/Certified Residential appraiser in Colorado and Florida) would like to clear up some misconceptions. 

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Panama City Beach Condo Market 2009 in Review

Wednesday, January 6th, 2010

Panama City Beach Condo Market 2009 in Review

 

From www.condosaletrends.com

 

An interesting thing about a prolonged down market, after three years everybody gets bored.  Real estate agents have quit trying to convince the public that the bottom has been reached because every month they were proved wrong.  Appraisers have been beaten up so bad for relaying the bad news; you can’t get one to admit he is an appraiser in public.  Sellers have thrown in the towel.  Buyers loiter about like hungry vultures.  Welcome to the 2010 Panama City Beach condo market.  For those who are still awake, the following is our summary of the local condo market as of the end of 2009.  Unfortunately, it looks exactly like the end of 2008. 

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October 2009 Panama City Beach Condo Market Update

Thursday, November 12th, 2009

The sale statistics from the 70 buildings in the www.condosaletrends.com database indicate some encouraging news for the Panama City Beach condo market.  The number of sales from July through October is up 62% over the same period in 2008.  That number does not include developer sales that were not listed in the MLS; however neither did the 2008 number.  The prices are low enough to encourage buyers to sign contracts and the banks are more responsive to short sale offers. 

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