Full Sail Realty

Monthly Archives: February 2012

Why Move to Panama City Beach Florida?

This is an exciting time for The World’s Most Beautiful Beaches. Forecasted by’s Money Magazine as the top city for the fastest growth in the nation, Panama City Beach is undergoing unprecedented growth and development.  A new skyline of distinctive architecture fills the horizon, from classic seaside bungalows to sleek Caribbean-style resorts. New restaurants, museums, theaters, galleries and boutiques are arriving on the scene daily. Pier Park, the “New Downtown Panama City Beach,” opened in early 2008.  Great news! Traveling to the Panama City Beach area just got a whole lot easier and more affordable because our NEW Northwest Florida Beaches International Airport is open!  The renovation of Front Beach Road will bring sidewalks, bike paths, tropical landscaping, a public trolley system and a fresh new look to the beach. The new Bay County International Airportwhich was completed in 2010, will open travel channels throughout the U.S., Europe and Asia, making Panama City… Read more

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Posted in Beach News Tagged , , , , , , ,

Housing Crisis to End in 2012 as Banks Loosen Credit Standards

By: Krista Franks The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago.  Additionally, a Fed Senior Loan Officer Survey found credit requirements in the fourth quarter were consistent with the past three quarters. However, other market indicators point not just to a stabilization of mortgage lending standards, but also a loosening of credit availability. Banks are now lending amounts up to 3.5 times borrower earnings. This is up from a low during the crisis of 3.2 times borrower earnings. Banks are also loosening loan-to-value ratios (LTV), which Capital Economics denotes “the clearest sign yet of an improvement in mortgage credit conditions.” In contrast to a low of 74 percent reached in mid-2010, banks are now lending at 82 percent LTV. While credit conditions may… Read more

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Florida School Dictrict Rankings

Florida ranks school districts using FCAT scores By Ron Matus, Times Staff Writer The Florida Department of Education released a ranking of all 67 school districts Monday, using FCAT scores alone. Critics immediately slammed it as simplistic and misleading because it does not consider a district’s size, demographics or progress, or use other indicators such as graduation rates. The state superintendents association called it a “disservice.” But Education Commissioner Gerard Robinson offered a polite defense, saying the information is still useful to parents, teachers and taxpayers, and will spark more dialogue about how to improve schools. Ranking Florida’s school districts.  DATA PROVIDED BY GOV. SCOTT District FCAT points earned FCAT 2011 rank Totalstudents % Free or reduced lunch Free or reduced lunch rank Percent minority Minority rank                 Alachua 532 25 27,495 48.9% 13 52.2% 48 Baker 499 51 5,004 47.4% 11 17.5%… Read more

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Posted in Helpful Tips Tagged , , , ,

What is Pier Park?

Pier Park, the 900,000 square foot mega family entertainment complex nestled between Front Beach Road and Panama City Beach Parkway (Highway 98), has redefined Panama City Beach. People now know when they come here that a shopping destination like none other awaits them. Pier Park is a beautifully landscaped outdoor shopping mall with festive, colorful Caribbean architecture, containing national chain retailers along with unique locally owned boutiques and specialty stores. The lifestyle complex also contains a 16-screen movie theater, Jimmy Buffett’s Margaritaville and many other well-known restaurants and smaller eateries. Pier Park is the perfect destination for families, couples, kids…everyone! View More Information.  

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U.S.C.G Auxiliary Boating Safety Class At MarineMax Panama City Beach, FL 3/3/12

Join MarineMax Saturday, March 3, 8:30AM to 4:30PM, for the U.S.C.G Auxiliary Boating Safety Course. This beginner boating class will give you the knowledge needed to obtain a boat license or safety certification. Class will include: Intro To Boating Boating Law Boat Safety Equipment Safe Boating Navigation Boating Problems Trailering, Storing and Protecting Your Boat Cost is $35.00 per participant and $25.00 for each additional family member. This includes all class materials and lunch. Class will be held at: MarineMax Panama City Beach at Treasure Island Marina 3605 Thomas Dr. Panama City Beach, FL. Please RSVP by March 2, to Bob Fowler at (850) 708-1317 ext. 12912 or email at        

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Posted in Beach News Tagged , , , ,

Bay County / Panama City Florida Area 2010 -2011 Economic Profile

This link  compares 2010 -2011 the Bay County / Panama City Area statistics for Labor, Real Estate Sales, Building Permits, Sales Tax Collections, Bedtax Collections, Airport Traffic at the Beaches Int. Airport and Unemployment Rates. Source is the Bay County Ecomonic Development

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Posted in Housing Stats Tagged , , , , , ,

How to Find Senior Airfare Discounts

“Do airlines still provide discounts to seniors on their airfares? My husband and I are retired and like to travel and are wondering which airlines offer the best discounts to budget conscious seniors.” While senior airfare discounts are not nearly as common as they used to be, there are a handful of carriers that still offer them. Here’s a rundown of the different airlines that are currently offering senior airfares, along with some tips to help you find the best deals.         Senior-Friendly Skies The only U.S. airlines that are currently offering senior airfare discounts are: •Southwest has discounts on all domestic routes to passengers 65 and older. For details on fares call 800-435-9792 or you can search online at •American offers some senior fares to travelers 65 and older on their American, American Eagle and American Connection domestic flights. Call 800-433-7300 to find out which… Read more

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Federal Reserve Shares Insight On Restoring A Healthy Housing Market

By Jacque Johnson Bernanke recently sent Congress a letter and white paper discussing his insight into how the current housing market problems are impeding economic recovery. Acknowledging that the housing market is only one piece to the puzzle, he writes that “Restoring the health of the housing market [is] a necessary part of a broader strategy for economic recovery” and that “progress will come only through persistent and careful efforts to address a range of difficult and interdependent issues”. The key issues he identified as needing to be addressed included: The excess supply of vacant homes due to foreclosures A downshift in the supply of mortgage credit The costs imposed on homeowners, lenders, and communities due to inefficient foreclosure process He argues that relying on foreclosures to deal with homeowners that can’t meet their mortgage obligations is “costly and inefficient” and suggests that servicers “aggressively” pursue alternatives, such as: Converting foreclosed properties to rental units… Read more

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Posted in Real Estate News Tagged , , , , , , , , , , ,

Real Estate Trend: More Buyers Pay In Cash

Posted By susanne On January 24, 2012 @ 4:38 pm In Business Outlook, Consumer News and Advice, Finance and Economy, Home Owner News,Real Estate Trends,Today’s Marketplace. In another sign that investors are more important to residential real estate markets than ever, nearly one out of three home sales in December went to buyers who paid all cash. In fact, so many investors are winning sales with cash and shorter closing timelines that they can offer lower bids, which may be may be depressing prices, especially on distressed sales, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. In December the overall proportion of cash buyers in the housing market surged to a record 33.2 percent, up from 29.6 percent a year earlier. Some 74 percent of investors used all cash to buy homes last month.  Investors accounted for 22.8 percent of home purchases in December 2011, up from 22.2… Read more

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Rising Rents Make Home Buying a Better Choice

Daily Real Estate News | Friday, January 20, 2012 Fallen home prices and record-low mortgage rates have pushed housing affordability to a 40-year high. Meanwhile, rental prices are continuing to rise at a fast pace, according to a new report released by, a rental listing service. Rental prices in 20 of the largest metro areas increased 3.75 percent in 2011, and prices are expected to continue to rise in 2012. Meanwhile, home prices fell by 1.83 percent in 2011, according to the report. “In a lot of cases it’s getting to a point where it makes more sense for people to buy because rent has been going up significantly faster, while home prices have been falling,” Paul Gleger, author of the report, told AOL Real Estate. According to the report, New York has the highest rental prices, with a two-bedroom apartment’s median rent at $2,653. Other cities posting some… Read more

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