Welcome! Here You Can Find Great Information on Panama City, Panama City Beach and Lynn Haven, and all of Bay County Florida Real Estate.
The Payne Group wants to be YOUR Realtor. As your trusted, professional real estate partner, we will help you find the best home in your area within your price range. Together, we will sell your home for as much as the market will bear, as quickly as possible!
Buying and selling a home is one of the biggest events in your life. Call us at 850-890-0132!
If you need to sell your home, I can tell you what it means to be "in the market" or "out of the market". I can tell you what it means to be "chasing the market" and why you don't want to do that. I can tell you how selling your home makes you a winner when you buy afterward! AND I can provide to you a detailed plan for selling your home and why my plan works.
Looking for a home? I can provide you with a detailed home buyers guide that walks you through the entire real estate purchase process and even gives you names and numbers of service providers and discount opportunities on home items! Our state-of-the-art IDX service makes all homes from all companies and agents in the Multiple Listing Service available to view with pictures and tours! Updated daily, right here, right now!
We've summarized the real estate, business, and community highlights of Panama City, Panama City Beach, Lynn Haven, and all of Bay and surrounding counties. Transferring to Tyndall Airforce Base? First time home buyer?
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The services on this site are offered for free and without obligation because we want to be YOUR Realtor.
Home Buyer Tax Credit Gets an Upgrade – from Keller Williams International
In an effort to boost the economy and jumpstart real estate sales, Congress recently enacted a bigger and better tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after Jan. 1, 2009 and before Dec. 1, 2009.
This tax credit is $500 higher than the home buying incentive that was included in the legislation passed last summer and it does not have to be repaid.
To learn more about the tax credit go the National Association of Home Builders Website located here: Tax Credit
Gary Keller, Co-Founder and Chairman of Keller Williams Realty, convened a "Think Tank" of real etate industry experts to determine What Now? in Real Estate
"Dave Ramsey, the author of The Total Money Makeover on TV, said that real estate was the buy of the century, not just the decade.
We know that the (real estate) market has corrected back in line with the long-term trend of four or five percent annual appreciation in home prices.
The media hasn't reflected this at all. All we hear is that the real estate market is in a recession. We're not hearing that the market may have, in fact, corrected. Affordability is at its highest level that it's been in five years when you look at year-over-year comparisons.
The latest figures from the National Association of Realtors show a current housing affordability index of 123 - up from 119 the previous month and 106 for the same month the previous year. A housing affordability index of 123 means that the medican income is 123% of the income necessary to qualify for a mortgage to purchase the median-priced home. The higher the number, the better, and the housing affordability index absolutely appears to be trending upward.
This is the time for buyers. But there is always the risk at any moment of rates going up. Now is the time to act. Depending on the market or the individual property, it could either be a good time to buy or an unbelievably, beyond amazing time to buy."
Here are the main reasons real estate will improve in 2009:
1) Housing affordability
2) Pent up demand in housing inventory
3) Election cycle will be over
4) Real estate is a better investment than stocks, money markets and CDs
5) Increasing rents means a great opportunity for investing in property
6) Increasing rents means renters should be buying
7) With the previous run in real estate there was an overbuilding of "McMansions"; builders are now building more affordable housing in more price ranges
Make the move in 2009! Ask how we can assist you every step of the way, no matter what reason best fits your needs.
The Payne Group at Keller Williams Success Realty, Panama City FL
- NUMBER1EXPERT™ 
Schools in Panama City, Panama City Beach and Lynn Haven
