Our metro area is considered one of the strongest housing markets in the country according to several sources, including this one at Bloomberg Business Week.
Blog Entry #1: 2010 has been a challenging year for Real Estate in Bay County to say the least. Poor economic conditions in addition to the BP Oil Spill helped to drag the market further down in the wake of the banking crisis. Single family sales for October, the last reported month were down to 174 vs. 193 unit sales for the same time period last year. The average price for a single family home was also down to $134,900 vs. $150,000 for the same time period in 2009. Year to date sales show so far in 2010 1687 units have sold with an average sales price of $140,500 vs. the same time period for 2009 which yielded 2052 sales with an average sales price of $154,900. Many factors can be attributed to the continual slide of home sales but the two factors that must change for this trend to be reversed are job procpects and fewer foreclosures coming to the market. Blog entry #2 will highlight some ways these two very important factors can be influenced to help the houseing market begin to recover.
Posted by Charlie Commander Jr, Realtor one of the top Realtors 13 years running in the Bay County, Fl MLS System. Charlie has over $225 million in career sales.
If you love the great outdoors, you'll love living in Bay County, Florida. From the sandy white beaches and crystal-clear Gulf waters of Panama City Beach to the rivers, lakes and bays that fill our county, you'll find world-class fishing and other water activities year round. And our award-winning golf courses are throughout the county, making it the perfect home for avid golfers.