June 18, 2010:   To succeed...you need something to hold onto, something to motivate you, something to inspire you ~ Tony Dorsett     *************************************************************************************  Rates are still low and home prices are affordable. Please give me a call so we can start your new home search today!    Lynn is a licensed Realtor in Florida and Georgia.    06/18/2010

Mortgage rates remained at or near historical lows over the past week with benchmark thirty-year, fixed-rate at 4.75% with no pints and the fifteen-year, fixed-rate at 4.25%.Rates on FHA, VA and Rural Development loans are also all under 5.00%. Rate shave been held at bay by the usual suspects – European debt concerns, weak employment numbers and stick market volatility. The longer-term prognosis doesn’t see interest higher interest rates coming for some time. A research paper released by the San Francisco Federal Reserve on Tuesday argues that interest rates will remain low until 2012 thanks to high unemployment and low inflation. Also on Tuesday, the National Association of Home Builders released their monthly builder confidence index which registered a surprise decline in June. The i... 06/17/2010

June 16, 2010: You have not lived today until you have done something for someone who can never repay you. ~ John Bunyan       ************************************************************************************* Lynn is a licensed Realtor in Florida and Georgia.           06/16/2010

This home is sure to please and get your attention at $325,000!   The Preserve on the Bay has long been known as THE PREMIER neighborhood in Panama City Beach, Florida and is considered one of Bay County's most distinguished neighborhoods.   This gated and unique neighborhood offers a peaceful lifestyle unlike any other. Driving into the gated community it becomes obvious the beauty of the natural landscape is sacred.  As you wind your way through the streets there are naturally landscaped islands with trees arching over the driven paths separating you from oncoming vehicles and creating a sense of serenity and privacy.   The homes are immaculately maintained and landscaped with a variety of palm trees, Magnolias, and natural vegetation.  The neighborhood is just minutes from the Navy ... 06/15/2010

The price has just been reduced by $25,000 on this tastefully decorated 2 bedroom condo at Dunes of Panama....and the Seller says just bring an offer!!             MLS#: 404584 OfficeFile#: ListPrice: $250,000 Status: Active Last Change: 06/14/2010 ApproxSF: 1,286 Address: 7205 THOMAS DR, #E2003 $/Sqft: $194.40   PANAMA CITY BEACH, FL TotalRooms: Bedrooms:2 Zip: 32408 Baths Full/Half: 2/0 Con Docs: Y Ownership/Sale Type:   MainArea: 03 BB-Bay County-Beach Stories: 1 SubArea: 0309 - South of Grand Lagoon YearBuilt: 1984 Subdiv: DUNES OF PANAMA PH 5 OccStat: Vacant ParcelID: 30840-855-000 ImmOcc?       ConstrStat: ConstrCmplt ElemSch: Patronis Middle: Surfside High: Arnold Dir: From Hathaway Bridge, slight left onto Front Beach Road and go 2.3 miles. Left on Thomas Drive and go 2.1 miles.... 06/14/2010

With more and more Realtors and customers expressing concern regarding the potential effects the Deepwater Horizon oil spill could have on our local real estate market, I thought I would offer up my two cents and what I have been telling anyone interested enough to listen. While I will not attempt to minimize the enormity and severity of this unprecedented environmental disaster, I will offer my reasons for why we on the Emerald Coast should fare far better than our friends in Louisiana, Mississippi and Alabama. We here in Bay and surrounding counties have several things in our favor that should keep the oil impacts to a minimum. The first and most obvious reason Florida Panhandle beaches will not feel the full brunt of the spill is simply proximity. The sickening images of birds litera... 06/11/2010

June 9, 2010: Gratitude takes three forms: a feeling in the heart, an expression in words, and a giving in return.  ~  John Wanamaker         *************************************************************************************  Rates are still low and home prices are affordable. Please give me a call so we can start your new home search today!    Lynn is a licensed Realtor in Florida and Georgia.      06/09/2010

June 8, 2010: I have learned through bitter experience the one supreme lesson: to conserve my anger, and as heat conserved is transmitted into energy, even so our anger controlled can be transmitted into a power that can move the world.   ~ Mahatma Gandhi   *************************************************************************************  Rates are still low and home prices are affordable. Please give me a call so we can start your new home search today!    Lynn is a licensed Realtor in Florida and Georgia.           06/08/2010

REO/Foreclosure!  These are popular words these days and if you put that together with Gulf Highlands you know you're looking at a deal. All this end-unit townhome needs is a little tender loving care to make it your perfect little beach get-away or a great rental property. Gulf Highlands is within walking distance to the beach and is located just minutes from the new outdoor open-air shopping mall, Pier Park.   Act fast so you don't miss out on this deal!     Residential - Attached Single Family MLS#: 407059 OfficeFile#: ListPrice: $82,900 Status: Active Last Change: 06/02/2010 ApproxSF: 972 Address: 123 CINDY LN $/Sqft: $85.29   PANAMA CITY BEACH, FL TotalRooms: Bedrooms:2 Zip: 32407 Baths Full/Half: 1/1 Con Docs:   Ownership/Sale Type: As Is, REO/Foreclosed MainArea: 03 BB-Bay County... 06/07/2010

Quote for June 4, 2010 There is nothing that wastes the body like worry, and one who has any faith in God should be ashamed to worry about anything whatsoever.  ~  Mahatma Gandhi      *************************************************************************************  Rates are still low and home prices are affordable. Please give me a call so we can start your new home search today!    Lynn is a licensed Realtor in Florida and Georgia.      06/04/2010

June 3, 2010 You have been criticizing yourself for years, and it hasn't worked.   Try approving of yourself and see what happens. ~ Louise L Hay       *************************************************************************************  Rates are still low and home prices are affordable. Please give me a call so we can start your new home search today!    Lynn is a licensed Realtor in Florida and Georgia.    06/03/2010

   Are you ready to own a cute little beach bungalow?  Look no further!  This cute home is priced right and it's NOT a short sale!!  Call me today so this one doesn't get away!       Residential - DSF MLS#: 406523 OfficeFile#: ListPrice: $129,000 Status: Active Last Change: 05/27/2010 ApproxSF: 1,112 Address: 21411 POMPANO AVE $/Sqft: $116.01   PANAMA CITY BEACH, FL TotalRooms: Bedrooms:2 Zip: 32413 Baths Full/Half: 2/0 Con Docs:   Ownership/Sale Type:   MainArea: 03 BB-Bay County-Beach Stories: 1 SubArea: 0308 - Beach W of Hwy 79 YearBuilt: 1990 Subdiv: RIVIERA BEACH OccStat: Vacant ParcelID: 35703-010-000 ImmOcc? Y     ConstrStat: ConstrCmplt ElemSch: West Bay Middle: Surfside High: Arnold Dir: HWY 98 West past 79, left on LeGrande and right on Pompano, to property. Lot: Blk: Sctn: Tw... 06/02/2010

Despite bouncing off their lows for May, mortgage rates remain below 5% with the benchmark thirty-year, fixed-rate coming in at 4.875% with no points and the fifteen-year, fixed-rate right at 4.25% with no points. A steep drop in the yield on the ten year Treasury note over the past several weeks has lead to some of the lowest rates of the past twelve months just in time for the summer buying season. Ongoing volatility in the equity markets combined with uncertainty over European sovereign debt has brought a level of fear back into the markets which have benefited US Treasury debt prices thus driving rates lower since a bond’s yield moves inversely to its price. Government rates are also very attractive with most thirty-year fixed on VA and FHA sitting around 4.75% and jumbos are still ... 06/01/2010

Let's help the Gulf Coast by getting the word out, almost all the beaches are open and beautiful! There are only three beaches in Louisiana closed due to the oil spill, all others have clear turquoise water and white sand beaches. This is a disaster for our country and our environment, the best thing we can do to help this area is to support them with our dollars. After Sept 11th, New York City needed tourists to help them after the devastation it went through, the Gulf Coast needs it now. For the people and businesses of the Gulf Coast Region this is their high season. It is not like other areas of Florida whose high season is during the winter months. In the Panhandle Region of Florida and the Gulf Coast their high season is March through August and they are suffering. Many businesses... 06/01/2010

Shores of Panama Open June 1st, 3 bdrm, 3bath Condo For Rent! $200/night - $600 per weekBedrooms: 3Property Type: CondoBathrooms: 3Sleeps: 9Parking Spaces: 2Square Footage: 1148Rental Rate: $600 per weekDeposit: 250Taxes: 12%Cleaning Fees: $85Availability: Check Calendar on Website Link!We have 4 condos @ Shores that we personally love, and operate. Payment Methods: Visa, MasterCard, Paypal, Cash, Check, Money Order9900 Thomas Dr.#1707Panama City Beach, FL 32408View MapView More PhotosMore PhotosVRBO WebsiteVisit Our WebsiteGrill/BBQFull RefrigeratorWasher/DryerDishwasherIroning BoardMicrowaveStoveTVDVD PlayerStereoAlarm ClocksDSLCableHigh Speed Internet ProvidedAir ConditioningHot TubPorch/LanaiWater ViewLinens ProvidedBalconyGulf FrontBeautifully Furnished- 2 bedroom, bunkroom, 3 full... 05/28/2010

It is hard to believe but the sweeping regulation governing real estate appraisals known as the Home Valuation Code of Conduct or HVCC is already one year old. The controversial rule negotiated by New York state Attorney General Andrew Cuomo, Fannie Mae and Freddie Mac along with their regulator the Federal Housing Finance Agency was designed to place a barrier between mortgage brokers, Realtors and appraisers with the assumption that those with an interest in seeing values manipulated would now be excluded from choosing the appraiser, ordering the appraisal or challenging the value determination thus eliminating inflated values and the subsequent fraud seen over the past decade. This all sounded very good on paper but was quickly met with concerns once implemented. The biggest problem ... 05/25/2010

The National Association of Homebuilders reported this week that their “Housing Market Index”, a survey among its members to quantify builder sentiment about the housing market, rose three points in May to 22. While this is still well below the 50 mark which indicates builders feel optimistic about the housing market, it is the highest reading since August of 2007. It has not been above 50 since April of 2006. Meanwhile, the Commerce Department reported that new home construction soared in April – up nearly 41% from the same moth last year. The number of starts in April was also 5.8% higher than the previous month. The number of applications for new building permits actually fell for the month - down 11.5% from March. April 2010 applications were, however, still nearly 16% higher than t... 05/18/2010

As a flood of first-time homebuyers rushed to take advantage of the $8,000 tax credit the Rural Development program has been strained to the limit with a year’s allocation of funds expected to be depleted sometime tomorrow. There has been little interest in Congress to extend funding and it now appears that without a last minute vote to re-fund the program, Rural Development will be out of funds by week's end. This will leave lenders with only the ability to secure “conditional commitments” from Rural Development. The good news is there are still investors out there that will purchase loans with only a conditional commitment from RD. This means that loans currently in process that missed the deadline to secure funds will still be able to close – a relief for both lenders and the thousan... 05/13/2010

Real Estate Courses are being taught by Captain Wayne Rowlett in Panama City Florida.  If you are interested in becoming a Florida Real Estate Sales Associate, Enroll at www.OurClassSchedule.com for our upcoming 63 hour Pre Sales Class in April.  Panama City Beach Real Estate Professionals needing a Post sales associate class or Post Broker class can check our website at www.RowlettRealEstateSchool.com for our schedule of upcoming classes.  Rowlett Real Estate School is offering real estate courses in Panama City, Florida for the Pre Sales Associate course April 6th - 14th.  Captain Wayne Rowlett would like to offer this class for free to our troops who have served in the Afghanistan and Iraq war.  Check our website for details at http://www.rowlettrealestateschool.com/fl-military.htm  ... 02/21/2010

Mortgage rates have been unfazed by recent stock market volatility and have managed to stay low despite improvements in employment, retail sales and housing starts which are typically all signs of an improving economy and usually result in weaker demand for bonds. But worry over some sovereign debt problems and a sense of uncertainty regarding the global economy have renewed investors’ demand for perceived safe havens such as US Treasury securities and the dollar thereby helping keep rates low. This despite signals from the Federal Reserve that it may be time to start tightening monetary policy in order to ward off inflation down the road.  I have a couple of things of note from the mortgage front. After a long absence in the wake of the mortgage meltdown, private mortgage insurance is ... 02/18/2010