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Panama City, Florida, September 25, 2007
The Florida Association of REALTORS® (FAR) today released home and condo resales numbers for August, 2007 and the outlook is upbeat for Panama City, placing third-best in the state and surpassed only by Marco Island and Pensacola.
The median price for detached, existing single-family homes in Panama City is up by 6 percent over the last 12 months, followed by Ft. Lauderdale, Tallahassee and Gainesville. In comparison, the median price of homes in Florida is down 6 percent overall.
According to the same data, Panama City placed high in existing condominium sales in Florida, second only to Daytona Beach. A 24 percent increase in condo resales in Panama City over the last 12 months measures up favorably against an overall statewide decrease of 25 percent, due in large part to a 21 percent correction in Panama City condominium prices, providing incentive to buyers. To see deals in your area please go to www.heron...
As we have meetings our little group will try to keep you informed especially if you do not live here and are not able to attend our POA meetings. We had standing room only (LITERALLY) for our Emergency POA meeting held in the Lakeside Library. Let me begin there, Emergency only implies that the meeting was not one of the planned meetings. It was not an Emergency as such so do not let that alarm you. We do however encourage you to come the meetings and be a part of the solutions for our community. We have a great POA board and they are working hard for you.
The minutes have not yet been transcribed so I am waiting on the minutes to fully inform you in a more official capacity but for now here's the scoop.
Topics of discussion:
1. Rentals in Wild Heron, Are they allowed, w...
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