Commercial Real Estate investors in Panama City and Panama City Beach have some hurdles to jump in 2010. Commercial loans are coming due and values have decreased over the last 12 months. Investors are being forced to come up with additional equity to renew loans. However, I believe Panama City
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01/05/2010
Commercial real estate agents with CCIM 2010 outlook In a survey completed by CCIM agents, Multi-family and apartments continue to be most attractive commercial real estate sector. Investment condition ratings increased for office, retail, apartment, hotel as Industrial remains the same. CCIM
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01/05/2010
The median price for condominiums sold in Panama City Beach so far in 2009 is down 22% from last years numbers. It appears that bank foreclosures are driving prices down at an alarming rate. A Boardwalk Beach Resort, 2 bedroom, 2 bath with 1152 S.F. was going for $375,000 12 months ago and now t
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04/04/2009
The condominium inventory is starting to shrink as people take their units off the market. In July of 2006, the number of condos on the market was 3021. That number has dropped almost every month sense. As of June of 2007 the total number was 2125. The lower priced units are selling and overpric
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07/14/2007