Home prices showed the smallest annual decline in almost three years in January, indicating there are surprising areas of strength in the housing market. The Standard & Poor’s/Case-Shiller 20-city home price index fell just 0.7% from last year on a seasonally adjusted basis. The index reading of 146.32 was near analysts’ expectations. Better still, prices [...]
- Northwest Florida Beaches International Airport 93% Complete
March 28, 2010 By Leave a Comment
Construction of the new Northwest Florida Beaches International Airport is now 93% complete as workers rush to meet the May 23rd. grand opening date. “Everything is on schedule and looking good,” said Jeff Dealy of KBR, program manager for the $318 million airport relocation project. “It’s all coming together in April.” Officials from the Transportation [...]
- Mortgage Rates On The Rise
March 26, 2010 By Leave a Comment
Mortgage rates moved slightly higher but remained just below 5% this week, as a Federal Reserve program that has maintained rates near record lows prepares to end. The average rate on a 30-year fixed rate mortgage climbed to 4.99% this week from 4.96% last week. Rates on 30-year fixed mortgages fell to a record low [...]
- Tropic Winds Developer Units
March 19, 2010 By Leave a Comment
Special financing available. Just 20% down at a fixed rate of 5.25% for 5 years. No points or origination fees. Close within one week if approved. Prices include a beachside assigned parking space beneath the building. Tropic Winds Condominium is Panama City’s newest gulf- front condominium opportunity located 1.5 miles west of highway 79. Spacious, affordable 2, 3, [...]
- Mortgage Rates Still Below 5%
March 19, 2010 By Leave a Comment
Mortgage interest rates held below the 5% threshold for the third straight week as the Federal Reserve prepares to end a program that has kept rates at or near record lows. The average rate on a 30-year fixed rate mortgage edged up to 4.96% this week from 4.95% a week earlier Rates dropped to a record [...]
- St. Joe Headquarters Moving to Panama City Beach Florida
March 19, 2010 By Leave a Comment
St. Joe Company announced plans to move its corporate headquarters to its large-scale development project adjacent to the new Northwest Florida Beaches International Airport in Bay County. The new location is surrounded by some of the company’s most valuable land holdings. St. Joe’s new headquarters will be located in Phase I of the company’s West [...]
- St. Joe To Develop Commercial Area Around New Airport
March 19, 2010 By Leave a Comment
St. Joe Company, the largest landowner in Northwest Florida, will now focus more on developing commercial property with recurring revenue and focus less on residential development, according to President and CEO Britt Greene, during an investor’s conference in Orlando on Tuesday. St. Joe owns nearly 3,000 acres near the new Northwest Florida Beach International Airport, [...]
