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Panama City Beach - Featured Condominiums

Florida’s Real Estate Activity Higher in 2011

At the close of the year 2011, Florida’s existing home and condominium markets reported higher sales compared to the previous year. It was the third consecutive year for statewide home and condo sales activity to end the year on a positive upswing. Higher year-over-year sales also were reported at the close of 2010 and 2009. [...]

30-Year Mortgage Rate Declines

This year looks to be another year of opportunity for the few who can afford to buy or refinance. The average rate on the 30-year fixed mortgage fell to 3.91% this week. That matches the record low reached two weeks ago. The average on the 15-year fixed mortgage declined to 3.23% from 3.24%. That’s up [...]

Existing Condo and Home Sales Continue to Rise in Florida

Florida’s existing home and condominium sales continued its positive upswing during November. Existing home sales increased 11% last month with a total of 12,993 homes sold statewide compared to 11,664 homes sold in November 2010. Seventeen of Florida’s metropolitan statistical areas (MSAs) reported higher existing home sales in November and 10 MSAs had higher existing condominium [...]

New Airport Traffic Continues to Increase

Northwest Florida Beaches International Airport continued its monthly growth in passenger traffic over last year, posting a 2.8% increase for November over the same month in 2010. So far this year, the airport (ECP) has seen 224,400 more passengers than in 2010, an increase of 38.13%, or 812,477 compared to 588,477. November’s rise in passengers [...]

Pier Park North Shopping Development Coming to PCBeach

A new 400,000-square-foot shopping center is coming to Back Beach Road, another sign developers think the beach economy is on the upswing. The new development, calling itself Pier Park North, will be on about 60 acres on the north side of Back Beach Road directly across from the Pier Park shopping village. Panama City Beach [...]

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