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A troubling revelation emerged in this exciting first year as a Realtor, navigating a landscape of million-dollar lawsuits against the NAR, AI integration, and a perception shift towards Realtors as commodities. The Hill ranked Real Estate agents #8 among the least trusted professions in the United […]Read More
The objective of this article is to attempt to correlate interest rates with some key performance indicators of the market. In other words, how do interest rates impact values, sales activity, and inventory? This approach has been dictated by an ever-increasing number of alarming news feeds […]Read More
Last month, we looked at sales volume variations over time. We will now examine changes in prices and values over the past three years. We must be reminded that a decrease in Median prices does not automatically mean a decrease in value for each single condo […]Read More
For this newsletter, we have targeted 11 high-rise east end condominium complexes directly on the beach: Treasure Island, Seychelles, Regency Tower, Watercrest, Pelican Walk, Dunes of Panama, Sterling Beach, Summerhouse, Summer Winds, Princess, and Hidden Dunes. Several factors, or variables, go into the understanding of a […]Read More
The health of a real estate market can be measured in multiple ways. Today, our study will be derived from two data sets: 1) the prices -median and range- and 2) the number of transactions over time. Our research bears exclusively on the beachfront houses located […]Read More
The purpose of this study is to analyze the pricing trends in Watercolor since 2002. To do so, we have gathered the Median sales prices in the subdivision for over twenty consecutive years. Then, important nuance, we have adjusted the Median prices for inflation each year: […]Read More
Everyone knows that ‘Covid-19’ has affected many aspects of our society, and has been responsible for hundreds of thousands of unfortunate deaths along with millions of cases of sickness. Covid-19 ramifications have materially impacted people’s health, welfare, work-life patterns, the availability of goods and services, and […]Read More
A lot of unusual news has flourished since the first month of this new decade. Covid-19 erupted into our lives in January 2020 and did not fully disappear until the end of 2022. Mortgage rates began their rise in January 2022 from below 3% in 1/2022 […]Read More
“I have sold in 27 different complexes in Panama City Beach since Hurricane Michael, but Laketown Wharf, Shores of Panama, and the Summit have my heart! They have been a staple for me in my career. Between the three buildings, I have sold seven different units […]Read More
This article will demonstrate that (1) we are not in a bubble situation and (2) our local real estate is a strong protection against inflation. Our data was extracted from the Multiple Listing Service (MLS) of our local REALTORS® Association, ECAR. The values presented are for […]Read More