Saturday, January 26, 2008

Friday, January 25, 2008

Panama City Beach Condo Market 2007

The Florida Association of Realtors released 2007 existing condominium sales numbers in Panama City on Thursday. There was good news and bad news in the results. During 2007, 483 condos were sold compared to 352 in 2006 or a 37% increase. However the 2007 year-end median sales price for area existing condominiums declined 11 percent, to $280,100.
The current market is ripe with good deals for buyers.

Jerry
http://www.bestpanamacitybeachcondo.com

Wednesday, January 23, 2008

Airport Update Panama City on January 23,2008

The critical hearing on whether construction can proceed was argued in a Manhattan federal courtroom Wednesday morning. The 2nd Circuit Court of Appeals is expected to issue a ruling that will either block construction of the new Panama City-Bay County International airport, allow construction of the airport to begin. If the issue is resolved favorably in the 2nd Circuit Court of Appeals the airport officials will still have to work with the Corps of Engineers to reinstate the 404 permit for the airport construction. There was no indication made today as to how soon the appellate judges will issue their ruling.

Hopefully the Airport Authority attorney and the Department of Justice attorney representing the FAA were on top of their game today!
Jerry
http://www.bestpanamacitybeachcondo.com

Panama City Airport Hearing Today

Keep your fingers crossed for airport approval today! Let the airport construction begin!

The court hearing regarding the new Panama City-Bay County International Airport is today in New York City. A three-judge panel from the Second Circuit Court of Appeals in Manhattan will hear arguments from three organizations that challenged the Federal Aviation Administration’s approval of the $330 million airport project in late 2006. Hopefully the hearing will have a favorable outcome and allow construction of the airport to get back on track! More to come...
Jerry
Panama City Beach Condos for Rent

Tuesday, January 22, 2008

Panama City Beach and U.S. Air to start Service

US Airways slated to start service to Panama City-Bay County International Airport in April. The International Airport at Panama City Bay will now have to and from Charlotte, N.C. “Information on the new service will be made available by a news release on Wednesday,” said Randy Curtis, the Airport Executive Director. He also stated that the flights to Charlotte will be available April 6.
The Services routes new information should be available on www.usairways.com, US Airway’s website.
Thanks for reading!
Jerry
www.bestpanamacitybeachcondo.com

Bay County TDC to Meet Today

The Bay County Tourist Development Council (the TDC) will host a long-term strategic planning session today at the Edgewater Beach Resort convention center at 520 Beckrich Road. The meeting will run from 9 a.m. to 3 p.m. and is open to the public.
The TDC meeting comes on the heels of a meeting yesterday of more than 100 local government representatives and members of the Beach tourism industry, Peter Yesawich, CEO of the Orlando-based marketing firm Ypartnership, said four new trends in leisure travel are redefining how hotels, restaurants and tourist attractions can succeed in an ever-more competitive environment.

The trends are:

1. Tourism via the internet – ever expanding use of the web to book travel
2. Changing social values – trend to want to spend more time with family and friends
3. Vigilante consumers – tourists expect to bargain and receive discounts
4. Demographic changes – changes to market to “baby boomers”

Yesawich indicated that the opening of the new Panama City Airport would cause a dramatic increase in tourism in the area.

Jerry
http://www.bestpanamacitybeachcondo.com

Monday, January 21, 2008

Pier Park @ Panama City Beach

Ready for some shopping??

With a grand opening scheduled for March of 2008, construction at Pier Park, Panama City Beach’s 1.1 million square foot shopping park continues to roll along. The latest editions to be added to the Pier Park's Boardwalk section, due for opening in February, 2008 are:
Massage Envy - Offering Swedish, deep-tissue and other forms of massage therapy.
Fish Tales - An artists gallery owned an operated by glass artist Cindy Stephens and her husband, Buddy will be relocating from their Grayton Beach location.
Hofbrau Beer Garden - A 233 seat authentic German beer garden and cafe, with a beer hall and bar.
Bootleg Barbecue - The latest BBQ addition spot on the beach.
Tilly's - A surf, skate, motocross and Southern California lifeforbidden clothing, shoes and accessories store
It will not be long!!

Jerry
http://www.bestpanamacitybeachcondo.com