| Statistics Summaries Report | ||||||||
|---|---|---|---|---|---|---|---|---|
| Category – Detached Single Family Statistics for Entire MLS from 1/1/2011 – 1/31/2011 |
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| Areas: Panama City | ||||||||
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| Total | Total List/Total Sold | Avg List | Avg Sold | Avg DOM | Median Price | %SP/LP | ||
| MARKET SNAPSHOT AS OF TODAY | ||||||||
| Currently Pending | 7 | $1,500,790/ N/A | $214,398 | N/A | 75 | $199,990 | N/A | |
| Currently Active | 85 | $52,173,590/ N/A | $613,806 | N/A | 294 | $475,000 | N/A | |
| Currently Contingent | 24 | $5,984,200/ N/A | $249,341 | N/A | 182 | $158,700 | N/A | |
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| ON MARKET (1/1/2011 – 1/31/2011) | ||||||||
| New (1/1/2011 – 1/31/2011) | 8 | $3,236,900/ N/A | $404,612 | N/A | 30 | $297,000 | N/A | |
| Pending (1/1/2011 – 1/31/2011) | 13 | $3,755,690/ N/A | $288,899 | N/A | 174 | $199,990 | N/A | |
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| OFF MARKET (1/1/2011 – 1/31/2011) | ||||||||
| Sold | 6 | $2,244,700/$2,046,000 | $374,116 | $341,000 | 76 | $337,750 | 91% | |
| Withdrawn | 4 | $2,099,000/ N/A | $524,750 | N/A | 132 | $537,000 | N/A | |
| Expired | 6 | $3,023,000/ N/A | $503,833 | N/A | 154 | $537,000 | N/A | |
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Beach Blog
January Statistics – Panama City Condos
| Statistics Summaries Report | ||||||||
|---|---|---|---|---|---|---|---|---|
| Category – Condominiums Statistics for Entire MLS from 1/1/2011 – 1/31/2011 |
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| Areas: Panama City | ||||||||
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| Total | Total List/Total Sold | Avg List | Avg Sold | Avg DOM | Median Price | %SP/LP | ||
| MARKET SNAPSHOT AS OF TODAY | ||||||||
| Currently Pending | 19 | $4,352,400/ N/A | $229,073 | N/A | 171 | $229,900 | N/A | |
| Currently Active | 138 | $39,670,100/ N/A | $287,464 | N/A | 286 | $248,500 | N/A | |
| Currently Contingent | 20 | $4,426,900/ N/A | $221,345 | N/A | 318 | $207,000 | N/A | |
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| ON MARKET (1/1/2011 – 1/31/2011) | ||||||||
| New (1/1/2011 – 1/31/2011) | 27 | $7,967,400/ N/A | $295,088 | N/A | 26 | $249,000 | N/A | |
| Pending (1/1/2011 – 1/31/2011) | 26 | $5,673,200/ N/A | $218,200 | N/A | 152 | $212,500 | N/A | |
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| OFF MARKET (1/1/2011 – 1/31/2011) | ||||||||
| Sold | 11 | $2,129,000/$2,008,800 | $193,545 | $182,618 | 275 | $173,000 | 94% | |
| Withdrawn | 1 | $494,000/ N/A | $494,000 | N/A | 22 | $494,000 | N/A | |
| Expired | 7 | $1,962,700/ N/A | $280,385 | N/A | 313 | $249,000 | N/A | |
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Mark Your Calendars!!
How To Become A Millionaire Real Estate Investor
Step by step instruction to wealth from an actual Millionaire Investor
Keller Williams Realty Emerald Coast Presents
Mr. Jim Reitzel
North America’s Leading Real Estate Investment Trainer. From Waterloo, Ontario, Canada
Join us for a day of learning that will inspire you to begin to live the life of your dreams. Renowned Real Estate millionaire, Jim Reitzel, will show you step by step how to identify, analyze and purchase investment property and become independently wealthy in the process.
Location: Grace Lutheran Church, Destin
Date: Friday, March 11, 2011
Time: 8:30am – 3:00pm
A more detailed invitation will follow, announcing the 4 additional local guest speakers. Seating is limited, so please make plans now to attend!
Please RSVP to maureen@atthebeachteam.com or 850.654.3325
____________________________________________________________________________________
Call Today
Keller Williams Realty’s At The Beach Team sells more real estate here at the beach than almost anyone and we would be happy to help you a find a great deal here at the beach. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Real Estate News
Keller Williams Realty’s At The Beach Team has a series of Real Estate News Blogs keep you up to date on the area your are interested in. Simply click on your favorite blog and find more information about it’s real estate market including all Foreclosures and Short Sales and much more.
Kelly Plantation Real Estate News
Rosemary Beach Real Estate News
Real Estate Foreclosure and Short Sale Alerts
Sign up for our Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Real Estate.
Thinking of Selling or Want to Know the Value of your Property?
I know that it’s a tough market for sellers right now and I certainly would not advise you sell unless you had to or if you could use your money better somewhere else. If you are curious about the value of your property simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and I will be happy to do an analysis on where the value is for your property right now and what it will take to get it sold quickly for the best price possible. Then if it makes sense to sell we can move forward or if it makes more sense to wait we will simply monitor the market until the time is right.
Either way my team and I sell more real estate here at the beach than almost anyone and we would be happy to help you when the time is right.
Your Real Estate Resource At The Beach
We want to be your real estate resource at the beach so if there is anything we can do for you just call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Flights to Destin as low as $49!
Vision Airlines is definitely making their name well known in the South! Starting in December 2010, they announced direct service from the Northwest Florida Panhandle to Miami and Niagara Falls. However, come March 2011, Vision will have added 20 new US Cities to their flight destinations, promising to save travelers time and money when visiting Florida, Georgia, Alabama and other surrounding US States.
Starting on March 25, 2011 direct flights will be available to/from Destin: Greenville, SC; Atlanta, GA; Louisville, KY; Little Rock, AR; Baton Rouge, LA; Savannah, GA; Fort Myers, FL; Birmingham, AL; Huntsville, AL; Tampa, FL; Macon, GA. Then starting on April 1 (no joke!): Chattanooga, TN; Ashville, NC; Columbia, SC; Orlando-Sanford, FL; Shreveport, MS.
Prices wont stay this low for long! Use this amazing new opportunity to come visit us and explore our miles of white, sandy beaches!
Call Today
Keller Williams Realty’s At The Beach Team sells more real estate here at the beach than almost anyone and we would be happy to help you a find a great deal here at the beach. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Real Estate News
Keller Williams Realty’s At The Beach Team has a series of Real Estate News Blogs keep you up to date on the area your are interested in. Simply click on your favorite blog and find more information about it’s real estate market including all Foreclosures and Short Sales and much more.
Kelly Plantation Real Estate News
Rosemary Beach Real Estate News
Real Estate Foreclosure and Short Sale Alerts
Sign up for our Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Real Estate.
Thinking of Selling or Want to Know the Value of your Property?
I know that it’s a tough market for sellers right now and I certainly would not advise you sell unless you had to or if you could use your money better somewhere else. If you are curious about the value of your property simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and I will be happy to do an analysis on where the value is for your property right now and what it will take to get it sold quickly for the best price possible. Then if it makes sense to sell we can move forward or if it makes more sense to wait we will simply monitor the market until the time is right.
Either way my team and I sell more real estate here at the beach than almost anyone and we would be happy to help you when the time is right.
Your Real Estate Resource At The Beach
We want to be your real estate resource at the beach so if there is anything we can do for you just call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Girl Friends At The Beach
There are many reasons to own Destin Real Estate and the best might be because it’s fun. Think about it you get to hang out with your best friends, your family maybe even your boss. There is a lot that goes on in a persons life and sometimes it nice to get away and create memories that last a lifetime. And sometimes it’s even more fun to look back at remember when pictures like I’m sure these girls will in 20 years. Fun, Fun, Fun.
Call Today
Keller Williams Realty’s At The Beach Team sells more real estate here at the beach than almost anyone and we would be happy to help you a find a great deal here at the beach. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Real Estate News
Keller Williams Realty’s At The Beach Team has a series of Real Estate News Blogs keep you up to date on the area your are interested in. Simply click on your favorite blog and find more information about it’s real estate market including all Foreclosures and Short Sales and much more.
Kelly Plantation Real Estate News
Rosemary Beach Real Estate News
Real Estate Foreclosure and Short Sale Alerts
Sign up for our Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Real Estate.
Thinking of Selling or Want to Know the Value of your Property?
I know that it’s a tough market for sellers right now and I certainly would not advise you sell unless you had to or if you could use your money better somewhere else. If you are curious about the value of your property simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and I will be happy to do an analysis on where the value is for your property right now and what it will take to get it sold quickly for the best price possible. Then if it makes sense to sell we can move forward or if it makes more sense to wait we will simply monitor the market until the time is right.
Either way my team and I sell more real estate here at the beach than almost anyone and we would be happy to help you when the time is right.
Your Real Estate Resource At The Beach
We want to be your real estate resource at the beach so if there is anything we can do for you just call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Rental Income From Real Property to file 1099s with the IRS
Small Business Jobs Act enacts new provision: 1099s will be required for 2011 payments
The recently enacted Small Business Jobs Act includes a provision related to reporting requirements of rental property expense payments. After Dec. 31, 2010, the new law requires those who receive rental income from real property to file 1099s with the IRS for service providers such as plumbers, painters and accountants, who receive more than $600 in payments over the course of the year. Even though the 1099 forms will not need to be issued until early in 2012, it will be necessary to begin keeping track of payment information on Jan. 1, 2011, and to collect completed w-9 forms from service providers to obtain their names, addresses and taxpayer identification numbers. Exceptions are provided for individuals renting their principal residences (including active members of the military), taxpayers whose rental income doesn’t exceed an IRS-determined minimal amount, and those for whom the reporting requirement would create a hardship (under IRS regulations).
Included in the provision is an increase in penalties for failure to file 1099s with the IRS. For further information, contact your tax accountant
Call Today
Keller Williams Realty’s At The Beach Team sells more real estate here at the beach than almost anyone and we would be happy to help you a find a great deal here at the beach. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Real Estate News
Keller Williams Realty’s At The Beach Team has a series of Real Estate News Blogs keep you up to date on the area your are interested in. Simply click on your favorite blog and find more information about it’s real estate market including all Foreclosures and Short Sales and much more.
Kelly Plantation Real Estate News
Rosemary Beach Real Estate News
Real Estate Foreclosure and Short Sale Alerts
Sign up for our Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Real Estate.
Emerald Coast Real Estate Foreclosures Will Impact 2011 Prices
Foreclosures and Short Sales Will Be In Play Again Next Year
I recently came across this recent article and I think it supports my belief that Destin Real Estate Market and the Panama City Beach Real Estate Market will both continue to feel the effects of Foreclosures and Short Sales in 2011
Foreclosures Still Driving Down Sales, Prices
Sales of foreclosures were about 25 percent of all U.S. residential sales in the third quarter. The average sale price of a foreclosure was $169,523, or 32 percent below the average price of properties not in foreclosure.
A total of 188,748 properties in some state of foreclosure sold during the third quarter. That was 25 percent fewer than were sold in the second quarter and about 31 percent fewer than were sold in the same quarter of 2009.
Here are the 10 states with the highest percentage of foreclosure sales:
· Nevada, 54 percent
· Arizona 47 percent
· California 40 percent
· Florida 37 percent
· Massachusetts, 35 percent
· Michigan 32 percent
· Georgia, 29 percent
· Oregon, 27 percent
· Idaho 25, percent
· Illinois 25, percent
Source: The Associated Press (12/02/2010)
Call Today
Keller Williams Realty’s At The Beach Team sells more real estate here at the beach than almost anyone and we would be happy to help you a find a great deal here at the beach. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Real Estate News
Keller Williams Realty’s At The Beach Team has a series of Real Estate News Blogs keep you up to date on the area your are interested in. Simply click on the your favorite blog and find more information about it’s real estate market including all Foreclosures and Short Sales and much more.
The Destin Real Estate News to find more information about Destin Real Estate including all Destin Foreclosures and Destin Short Sales and much more.
30A Real Estate News to find more information about 30A Real Estate including all 30A Foreclosures and 30A Short Sales and much more.
Panama City Real Estate News to find more information about Destin Real Estate including all Destin Foreclosures and Destin Short Sales and much more.
Two Incredible Offers
Real Estate Foreclosure and Short Sale Alerts
Sign up for our Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Real Estate.
FREE Real Estate Monthly Update
Sign up for our FREE Real Estate Monthly Update and we will email you a report every month showing which Homes and Condos have sold, under contract, currently for sale and all price changes. This is incredibly valuable information that anyone that owns Real Estate or is interested in Real Estate needs to have and because we want to be your real estate resource here at the beach we will send it to you – free!
PCB Short Sale Gem
Panama City Condo Short Sale
This Grandview at Long Beach Short Sale has never ending views of the Gulf of Mexico. What is almost as good is that it features two master bedrooms – one boasting a Gulf front balcony and large walk-in closet while the other is lockout capable and has its own front door entrance and balcony.
Grandview is a low density building right in the heart of Panama City Beach (4 miles from Pier Park) and offers a great family environment and location.
Call Today
Keller Williams Realty’s At The Beach Team sells more real estate here at the beach than almost anyone and we would be happy to help you a find a great deal here at the beach. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Real Estate News
Keller Williams Realty’s At The Beach Team has a series of Real Estate News Blogs keep you up to date on the area your are interested in. Simply click on your favorite blog and find more information about it’s real estate market including all Foreclosures and Short Sales and much more.
Kelly Plantation Real Estate News
Rosemary Beach Real Estate News
Real Estate Foreclosure and Short Sale Alerts
Sign up for our Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Real Estate.
Thinking of Selling or Want to Know the Value of your Propery?
I know that it’s a tough market for sellers right now and I certainly would not advise you sell unless you had to or if you could use your money better somewhere else. If you are curious about the value of your property simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and I will be happy to do an analysis on where the value is for your property right now and what it will take to get it sold quickly for the best price possible. Then if it makes sense to sell we can move forward or if it makes more sense to wait we will simply monitor the market until the time is right.
Either way my team and I sell more real estate here at the beach than almost anyone and we would be happy to help you when the time is right.
Your Real Estate Resource At The Beach
We want to be your real estate resource at the beach so if there is anything we can do for you just call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Mortgages Are Getting More Expensive!
Getting A Mortgage? Don’t Wait Too Long
I saw this reported by Inman News and it tells me that people thinking about buying second homes at the beach should take advantage of the still low cost of money before it’s too late.
Mortgage Rates Continue Upward Climb
Freddie Mac reported that fixed-rate mortgages rose for a third consecutive week during the period ended Dec. 2.
· Interest on 30-year loans inched up to 4.46 percent from 4.4 percent.
· Rates on 15-year mortgages averaged 3.81 percent, an increase from 3.77 percent a week ago.
Adjustable-rate mortgages were slightly higher as well:
· One-year ARM rose up to 3.25 percent from 3.23 percent
· Five-year ARM moved up to 3.49 percent compared to 3.45 percent.
Source: Inman News (12/03/10)
Call Today
Keller Williams Realty’s At The Beach Team sells more real estate here at the beach than almost anyone and we would be happy to help you a find a great deal here at the beach. Simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.
Real Estate News
Keller Williams Realty’s At The Beach Team has a series of Real Estate News Blogs keep you up to date on the area your are interested in. Simply click on the your favorite blog and find more information about it’s real estate market including all Foreclosures and Short Sales and much more.
The Destin Real Estate News to find more information about Destin Real Estate including all Destin Foreclosures and Destin Short Sales and much more.
30A Real Estate News to find more information about 30A Real Estate including all 30A Foreclosures and 30A Short Sales and much more.
Panama City Real Estate News to find more information about Destin Real Estate including all Destin Foreclosures and Destin Short Sales and much more.
Two Incredible Offers
Real Estate Foreclosure and Short Sale Alerts
Sign up for our Foreclosures and Short Sales Alert and we will send you an email notification as soon as any new Foreclosures or Short Sales hit the market – that way you will never miss an opportunity to get a great deal on Real Estate.
FREE Real Estate Monthly Update
Sign up for our FREE Real Estate Monthly Update and we will email you a report every month showing which Homes and Condos have sold, under contract, currently for sale and all price changes. This is incredibly valuable information that anyone that owns Real Estate or is interested in Real Estate needs to have and because we want to be your real estate resource here at the beach we will send it to you – free!
Destin Area Million Dollar Condo Short Sales
$1 Million Dollar Short Sale At Mediterranea Condo – Click Here For Details
Prices Have Never Been Better – Even At The High End
Currently there are 7 Destin Condo Short Sales with list prices in excess of one million dollars. They are all either gulf front or on the Harbor and range in price from $1,200,000 to $1,395,000. Two of them are 30A Condo Short Sales while the rest are located in Destin.
Search Destin Condo Foreclosures and Short Sales
Search 30A Condo Foreclosures and Short Sales
Search Panama City Condo Foreclosures and Short Sales
Thinking of Selling Your Destin Condo? How About Your Panama City Condo?
I know that it’s a tough market for sellers right now and I certainly would not advise you sell unless you had to or if you could use your money better somewhere else. If you are curious about the value of your property simply call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and I will be happy to do an analysis on where the value is for your property right now and what it will take to get it sold quickly for the best price possible. Then if it makes sense to sell we can move forward or if it makes more sense to wait we will simply monitor the market until the time is right.
We Want To Be Your Local Real Estate Resource
My team and I sell more condos here at the beach than almost anyone and we would be happy to help you sell your Destin or Panama City Condo when the time is right. In the mean time we want to be your real estate resource at the beach so if there is anything we can do for you just call or text me at 850-217-7618 – or send an email to JohnMoran@AtTheBeachTeam.com and we will be happy to assist in any way we can.