The Panama City / Lynn Haven metro area is projected to have an annualized appreciation growth from the third quarter 2012 – third quarter 2017 of 9.1 percent. This is third in the nation behind only Santa Fe and Medford, Oregon. Panama City has been included in various top 10 lists since November 2006.

Now may be the best time ever to buy as prices on many properties are equivalent to values from 2002 and even earlier. We have definitely turned a corner and bottom feeders need to act fast. Inventory is dramatically reduced from the 2006-2012 period and well-priced properties are selling in days, often with multiple offers.

During the period thru third quarter 2017 home prices nationally are expected to rise an average of 3.3 percent and .06 over the next year according to a report by Fiserv Case-Shiller. They ranked the top 15 cities by the projected annualized change in home prices between the third quarter of 2012 and the third quarter of 2017. Panama City is projected to beat the average by a whopping 5.8 percent!

Here are articles from 2006 – 2013 that show Panama City performing in the top tier of markets in the U.S.

15 Best housing Markets for the Next 5 Years – AOL Real Estate from May 2013

Top 15 Housing Markets – The Blaze from May 9, 2012

15 Best Housing Markets for the Next Five Years – Yahoo Finance from Nov. 2012 

Best and Worst Housing Markets in the Next 5 Years – MSN Real Estate – December 3, 2012

Top 10 Cities – Where to Buy Now – CNN Money from November 2006

Below is a chart showing annual home price appreciation rates from forecast-chart.com for Panama City / Lynn Haven (excluding Panama City Beach). Panama City Beach would show much higher increases (and decreases).

Real Estate Appreciation, Rank & Percentile

Last Quarter 0.21%        Rank: 224 of 381 (41st Percentile)

Last Year   -0.2%             Rank: 222 of 381 (41st Percentile)

Last 5 Years  -30%          Rank: 330 of 381 (13th Percentile)

Last 10 Years  19%         Rank: 176 of 381 (53rd Percentile)

Last 20 Years  96%         Rank: 91 of 368 (75th Percentile)

Decline From All Time High        34.37%

On Panama City Beach there are still opportunities where prices are down as much as 70% from the 2007 highs. Call 850.814.5557, click the “Need Help” button, or fill out a “Request More Info” form to the right if you would like us to email you a list of the best buys in homes, condos, land, and commercial properties in your preferred neighborhood or price range.

A full lineup of award-winning artists hit the stage at the annual Seabreeze Jazz Festival in Panama City Beach, FL. The Aaron Bessant Park Amphitheater located in Pier Park sets the stage for a jazzy, all-star weekend, which draws music lovers near and far.

Named “Top 10 Jazz Festival in the USA” by JazzIZ Magazine and recently nominated as “Best Jazz Festival” at the Oasis Smooth Jazz Awards, The Seabreeze Jazz Festival combines the top national smooth jazz artists with a full weekend of fun, sun, great beaches, and good times– all on the west end of Panama City Beach.  The event now attracts over 20,000 fans from the USA, Canada, and Europe for what many call “The Ultimate Weekend” in one non-stop performance-packed weekend of music. 

Online and telephone ticket ordering is now closed.Tickets can be purchased at local Northwest Florida ticket outlets: Reggae J’s and Florida House at Pier Park in Panama City Beach, Wow Cable and Creative Gems in Panama City, Vacuum Center in Destin across from Regatta Bay, and Playground Music Center in Ft. Walton Beach at Uptown Station. Military personnel can purchase at Eglin AFB, Tyndall AFB, or the Naval Coastal Systems Center in Panama City Beach at the MWR Offices on base (with a military discount).

Remaining tickets will be on sale at the event gates starting Thursday, April 18th at 3pm. Tickets purchased at the gates day of the event include a surcharge of $5-$10 depending whether it is a single day ticket or a multi-day pass.

Lineup and Schedule:

Wednesday April 17th
Smooth Jazz Dinner Cruise aboard The Lady Anderson
Hosted by Brian Culbertson 7pm-10pm
(Boat boards at 6:30pm, sails at 7pm)

Thursday April 18th
1:00pm Free Kickoff Jazz Jam and Wine Tasting at the Pier Park Dr. Street Stage

— Gates open at 4pm — Show at 5pm
5:00pm Steve Oliver
7:00pm Margo Rey
8:30pm Boney James

Friday April 19th — Gates open at 4pm — Show at 5pm
5:00pm Ken Ford
7:00pm Tim Bowman
8:30pm Fourplay (Bob James, Harvey Mason, Nathan East, and Chuck Loeb) with special guest Lalah Hathaway

Smooth Jazz After Party Jam — 10:30pm at Reggae J’s at Pier Park  (buffet at 10:30pm/Show at 11pm)
featuring Motown Jazz Jam — Hosted by Brian Culbertson
(Presented by Smooth Lounge.com)
Motor City’s top smooth jazz artists and session players create the ultimate jazz jam show.

Saturday April 20th — Gates open at 10am — Show at 11am
11:00am Brian Lanair — (Seabreeze Rising Star)
12:30pm DW3 — (Los Angeles based smooth jazz group)
2:00pm Peter White and Euge Groove
4:00pm Peet Project (Hugarian based jazz and funk – 1st USA show)
(Seabreeze Hidden Gem)
6:00pm Brian Culbertson
8:00pm BwB (Norman Brown, Kirk Whalum, and Rick Braun)

After Party — 10:30pm at Reggae J’s at Pier Park
(buffet at 10:30pm/Show at 11pm)
featuring Brian Culbertson and special guests
(Presented by Smooth Jazz.com)

Sunday April 21st — Gates open at 10am — Show at 11am
11:00am Roman Street
12:00pm The Southern Gentlemen featuring Joey Sommerville,
Michael Ward, and Eric Essix
2:00pm Yancyy (Seabreeze Rising Star)
4:00pm Average White Band
6:00pm Jazz In Pink featuring Pamela Williams, Athea Rene, Karen Briggs, Gail Jhonson, Maria Antionette, and others
8:00pm Tower of Power

Click on the photo for a time lapse video.

After 7 months of construction, Harley-Davidson of Panama City Beach is NOW OPEN. The full service dealership is the first brand-new point
for Harley-Davidson in three years. “It has been a long time coming, but we are so excited to finally be opening our doors for our guests”,
says Preston Farrior, Owner.

For the past week, the team from the store along with team members from its sister dealerships in Tampa, Brandon and New Port Richey have been
stocking the shelves and moving bikes into the showroom to get ready for opening. The 38,000 square foot facility features a guest lounge,
where visitors can enjoy complementary sodas, coffee, popcorn and cookies, a Service department, Motorclothes department, Parts & Accessories
and of course, brand new and pre-owned Harley-Davidson motorcycles.

Owner Gary Bang says, “Our team has put in a tremendous effort to get this dealership up and running. We are ready to serve the PCB community.”

PCB Harley-Davidson will be an official venue for the Thunder Beach Spring Rally, which is May 1-5. For more information on the rally, visit ThunderBeachProductions.com

Harley-Davidson of Panama City Beach is part of the Tampa Harley Group that has dealerships in Tampa, Brandon and New Port Richey, Florida.

14700 Panama City Beach Parkway – Panama City Beach, FL – 32413

Many potential buyers are waiting until they can be 100% sure the real estate market has fully recovered before making the move to purchase a home. Here are five reasons why waiting might not make sense any longer:

1.) Prices Are on the Rise

The latest Case Shiller Home Price Index revealed that home prices have appreciated 5.5% over the last year. This is occurring across the nation as increases were reported in 19 of 20 metros. The Home Price Expectation Survey, which polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts, calls for continued appreciation over the next five years.

2.) Mortgage Interest Rates Are Expected to Increase

The Mortgage Bankers Association has predicted that, after reaching record lows in 2012, mortgage rates will creep up slowly in 2013 to 4.4%. Rates have already increased by 2/10 of a point (3.32 to 3.53) in the last two months.

3.) Rents Are Continuing to Skyrocket

Recently, Zillow  reported that rents in the U.S. increased by 4.2% over the last year. Increases were 5% or more in many major metropolitan areas including Chicago, Boston, San Francisco, Detroit, Baltimore, Denver, San Jose and Charlotte.

4.) New Mortgage Regulations Will Be Announced Later This Year

Six regulators, including the Department of Housing and Urban Development, the Office of the Comptroller of the Currency and the Securities and Exchange Commission, are currently drafting the new Qualified Residential Mortgage (QRM) rule. They will decide on two major requirements for buyers looking to qualify for a mortgage: minimum down payment and minimum FICO score. Many experts believe the new rules will be more stringent than current requirements.

 5.) Timelines Will Be Shorter

The dramatic increase in transactions caused many challenges to the process of buying or selling a home in 2012. We waited for inspections, dealt with last minute appraisals and prayed that the bank didn’t ask for ‘just one more piece of paper’ before issuing a commitment on the mortgage. There are fewer transactions this time of year. That means that timetables on each component of the home buying process will be friendlier for those involved in transactions over the next 90 days.

These are five good reasons why you should consider buying a home today instead of waiting.