Panama City Beach Condo auction. It could be called the summer of the auction in Bay County, with real estate auctions popping up on what seems like a weekly basis.
A Dallas-based firm has scheduled an auction Tuesday for five area properties, but with a different wrinkle. Hudson & Marshall of Texas Inc., one of the country's leading foreclosure auction companies, will be auctioning off one Wewahitchka and four Panama City Beach bank-owned foreclosure properties. The auction, scheduled for 7 p.m. at Panama City Beach's Hampton Inn, is one of several Hudson & Marshall will conduct between Aug. 12 and 17 in Florida.
Hudson & Marshall spokeswoman Crystal Wright said the company will auction off nearly 700 homes during that time frame, with auctions scheduled for properties in Ft. Walton Beach, Jacksonville, Gainesville, Tampa, West Palm Beach, Fort Myers, the Miami/Fort Lauderdale area and Orlando. "Over the last two years, we've been pretty heavy across the country," Wright said.
Bay County's foreclosure filings rose 201 percent in the second quarter of 2008, with 504 filings compared to 167 in the same quarter of 2007, according to figures released by Irvine, Calif.-based foreclosure tracking firm RealtyTrac. There were 81 Bay County foreclosure filings in the second quarter of 2006, according to RealtyTrac. By comparison, Florida's 2008 second-quarter foreclosure filings rose 181 percent compared to the second quarter of 2007, and 24 percent compared to the first quarter of 2008. Filings include default notices, auction sale notices and bank repossessions; some properties with multiple mortgages received more than one notice. Wright said she didn't remember Hudson & Marshall holding any previous auctions in the Panama City area. However, the company has held several foreclosure auctions in Florida this year and auctioned off 500 homes throughout the state, the bulk of those homes in the Orlando area, from April 7-13. "So, obviously, the numbers have increased," Wright said, referring to the 700 Florida homes scheduled for foreclosure auction this week.
With foreclosure rates so high across the country, Hudson & Marshall has kept a busy schedule, Wright said. A look at the company's Web site shows it has a packed August auction schedule, with auctions planned in Florida, Georgia, Indiana, Illinois, Missouri, Texas, Nevada, Colorado and Arizona. Wright said each state's foreclosure rate and economic climate is different. She said the continuing rise in foreclosures and auctions have been driven by resetting adjustable rate mortgages and enduring fallout from bad subprime loans. Hudson & Marshall's auction Tuesday is a reserve auction, Wright said, with the banks holding the right to accept, reject, or counter any bids.
A full list of properties and additional information about Hudson & Marshall's auction can be found at the company's Web site, www.hudsonandmarshall.com.
Anyone have an idea when the market will bottom out?
Best Panama City Beach Condos for Rent
Saturday, August 9, 2008
Sunday, July 27, 2008
Panama City Beach - August Fishing Tournamant
Don’t forget that The Grand Lagoon National, America's Saltwater Fishing Tournament, will be held August 20-24. The Grand Lagoon National consists of eight competitive divisions: Big Game, Offshore, Inshore, Flats, Party Boat, Charter Boat, Kayak and Dive. This is an open-door tournament that will allow both experienced professionals and family enthusiasts to compete to win over $1 million in cash prizes.
The tournament appeals to all types of saltwater anglers. The Big Game division is sure to attract million dollar yachts and seasoned professional competitors hunting for the elusive giant Blue Marlin, Swordfish and Tuna. On the other end of the fishing spectrum, hundreds of kayak fishermen will paddle their way to glory. Marinas on the Grand Lagoon hold several fishing records, one being the State of Florida record for the largest Blue Marlin in 2001 that weighed in at 1,046 pounds.
The four-day event includes plenty of activities onshore, including food and beverage booths from local restaurants such as Capt. Anderson’s, Boatyard and The Treasure Ship, dock walks to view all the beautiful yachts, parades, firework displays and national recording artists Daryle Singletary and Billy Currington on Thursday, August 22 and Friday, August 23.
Bill Spann, who founded and served as Chairman for twenty-three years on the Bay Point Annual Billfish Invitational, will serve as tournament Chair for the Grand Lagoon National America’s Saltwater Fishing Tournament. Spann said he believes the event will be successful enough in the first year to make a good contribution to local charities and to establish a tournament that will be here for years to come.
For registration and event information visit www.grandlagoonnational.com
Need a place to stay while you are in Panama City Beach for the tournament? Check out our Panama City Beach Condo @ Best Panama City Beach Condos for Rent
The tournament appeals to all types of saltwater anglers. The Big Game division is sure to attract million dollar yachts and seasoned professional competitors hunting for the elusive giant Blue Marlin, Swordfish and Tuna. On the other end of the fishing spectrum, hundreds of kayak fishermen will paddle their way to glory. Marinas on the Grand Lagoon hold several fishing records, one being the State of Florida record for the largest Blue Marlin in 2001 that weighed in at 1,046 pounds.
The four-day event includes plenty of activities onshore, including food and beverage booths from local restaurants such as Capt. Anderson’s, Boatyard and The Treasure Ship, dock walks to view all the beautiful yachts, parades, firework displays and national recording artists Daryle Singletary and Billy Currington on Thursday, August 22 and Friday, August 23.
Bill Spann, who founded and served as Chairman for twenty-three years on the Bay Point Annual Billfish Invitational, will serve as tournament Chair for the Grand Lagoon National America’s Saltwater Fishing Tournament. Spann said he believes the event will be successful enough in the first year to make a good contribution to local charities and to establish a tournament that will be here for years to come.
For registration and event information visit www.grandlagoonnational.com
Need a place to stay while you are in Panama City Beach for the tournament? Check out our Panama City Beach Condo @ Best Panama City Beach Condos for Rent
Sunday, July 20, 2008
Panama City Beach - Airport - Aerotropolus
Panama City-Bay County International Airport officials want the new $330 million facility to be an "aerotropolis" that draws international flights and business to West Bay. To meet that goal, airport leaders are in discussions with several international carriers and have hired John Kasarda, a scholar, author and the man who coined the term "aerotropolis." Airport Executive Director Randy Curtis said airport officials are in talks with several airlines in Canada and England. He described the discussions as ongoing but declined to name the airlines.
Kasarda is "the pre-eminent expert on economic development around airports," Cramer said. "He's most noted ... for his development of the concept of the aerotropolis." On his Web site, Kasarda describes the aerotropolis as an engine for economic development that attracts aviation-linked businesses, including hotel, entertainment, retail and corporate headquarters. An aerotropolis stretches for 20 miles outward from the airport and will be similar to a traditional metropolis, Kasarda wrote.
On my way out of Panama City Beach on July 8th I drove by the new airport site. I spent a few minutes talking with the guys working on the entrance road. The contractors are about to start pouring the main runway. I hope the authority is talking to Southwest as well as the international carriers.
Our Panama City Beach Condos are approximately 10 miles from the new airport. We are looking forward to learning what it is like to be in an aerotropolis.
Best Panama City Beach Condos for Rent
Kasarda is "the pre-eminent expert on economic development around airports," Cramer said. "He's most noted ... for his development of the concept of the aerotropolis." On his Web site, Kasarda describes the aerotropolis as an engine for economic development that attracts aviation-linked businesses, including hotel, entertainment, retail and corporate headquarters. An aerotropolis stretches for 20 miles outward from the airport and will be similar to a traditional metropolis, Kasarda wrote.
On my way out of Panama City Beach on July 8th I drove by the new airport site. I spent a few minutes talking with the guys working on the entrance road. The contractors are about to start pouring the main runway. I hope the authority is talking to Southwest as well as the international carriers.
Our Panama City Beach Condos are approximately 10 miles from the new airport. We are looking forward to learning what it is like to be in an aerotropolis.
Best Panama City Beach Condos for Rent
Saturday, July 19, 2008
Panama City Beach - Billfish Results $1 milliom
Gueats in our Panama City Beach Condos had the opportunity to enjoy the Billfish Tournament earlier in July. The panama City Beach Tournament paid Out Nearly $1 Million and Marked Silver Anniversary with Success of New Community Events
The Bay Point Invitational Billfish Tournament made history as 47 boats headed out to fish in the first major all-release billfish tournament on the Gulf Coast. The highly-anticipated tournament welcomed more than 10,000 attendees at Bay Point Marina July 9–13 to enjoy the live entertainment, an artist colony, local food, sponsor displays and, of course, the Friday and Saturday night weigh-ins.
Life is Good took top honors in the Catch and Release category with three blue and one white marlin released for 2050 points. The team walked away with $210,960. Second place went to Wynsong with one blue marlin and one sailfish. Wynsong also captured first place in the Tuna category with a 105.5-pound yellowfin tuna caught by Will Wilson for a total of $208,246, and third place, based on the time of release, went to Jolly-B with one blue marlin for $53,250.
Top Dolphin and $86,882 went to Ms. Mindy for their 51.5-pound dolphin caught by Jeff Friedman and first place Wahoo went to Cory Lockhart fishing aboard Trader’s Hill for his 72.3-pound wahoo worth $84,388.
For the first time in tournament history, the rules called for a release-only format for the billfish category.
In partnership with the Freedom Alliance, the Invitational also paid tribute to members of the Armed Forces by hosting five wounded Iraq War soldiers for a day of Gulf fishing. The soldiers, along with all those who had ever served in the military, were honored during the tournament with a touching standing ovation from the event crowds.
The Bay Point Invitational Billfish Tournament is hosted by the St. Joe Company and Bay Point Marina, and presented by Galati Yacht Sales and Viking Yachts. The 26th Annual Bay Point Invitational is set for July 15-19, 2009. For more information, visit www.baypointbillfish.com.
See you next year!
Best Panama City Beach Condos for Rent
The Bay Point Invitational Billfish Tournament made history as 47 boats headed out to fish in the first major all-release billfish tournament on the Gulf Coast. The highly-anticipated tournament welcomed more than 10,000 attendees at Bay Point Marina July 9–13 to enjoy the live entertainment, an artist colony, local food, sponsor displays and, of course, the Friday and Saturday night weigh-ins.
Life is Good took top honors in the Catch and Release category with three blue and one white marlin released for 2050 points. The team walked away with $210,960. Second place went to Wynsong with one blue marlin and one sailfish. Wynsong also captured first place in the Tuna category with a 105.5-pound yellowfin tuna caught by Will Wilson for a total of $208,246, and third place, based on the time of release, went to Jolly-B with one blue marlin for $53,250.
Top Dolphin and $86,882 went to Ms. Mindy for their 51.5-pound dolphin caught by Jeff Friedman and first place Wahoo went to Cory Lockhart fishing aboard Trader’s Hill for his 72.3-pound wahoo worth $84,388.
For the first time in tournament history, the rules called for a release-only format for the billfish category.
In partnership with the Freedom Alliance, the Invitational also paid tribute to members of the Armed Forces by hosting five wounded Iraq War soldiers for a day of Gulf fishing. The soldiers, along with all those who had ever served in the military, were honored during the tournament with a touching standing ovation from the event crowds.
The Bay Point Invitational Billfish Tournament is hosted by the St. Joe Company and Bay Point Marina, and presented by Galati Yacht Sales and Viking Yachts. The 26th Annual Bay Point Invitational is set for July 15-19, 2009. For more information, visit www.baypointbillfish.com.
See you next year!
Best Panama City Beach Condos for Rent
Thursday, July 17, 2008
Panama City Beach Seafood, Wine and Music Festival
The Signature Festival of Panama City Beach
Columbus Day Weekend - October 10-11-12, 2008
at Frank Brown Park
The idea is simple - a celebration of the wonderful array of local area seafood prepared by local chefs merged with local and nationally acclaimed wines, entertainment and vendors with a special focus on families. The Panama City Beach Seafood, Wine & Music Festival is designed to reflect a true taste of the coast, a true toast to the coast and some of the world's best entertainment - we promise it will be like no other festival ever presented on Panama City Beach.
SEAFOOD, CELEBRITY CHEF EXHIBITIONS
WINE from LOCAL & NATIONALLY ACCLAIMED VINEYARDS
MUSIC & other Entertainment
FAMILY FUN DAYS
ARTS, CRAFTS, ANTIQUES & MORE
Come and stay in one of our Panama City Beach Condos and enjoy the Festival.
Best Panama City Beach Condos for Rent
Columbus Day Weekend - October 10-11-12, 2008
at Frank Brown Park
The idea is simple - a celebration of the wonderful array of local area seafood prepared by local chefs merged with local and nationally acclaimed wines, entertainment and vendors with a special focus on families. The Panama City Beach Seafood, Wine & Music Festival is designed to reflect a true taste of the coast, a true toast to the coast and some of the world's best entertainment - we promise it will be like no other festival ever presented on Panama City Beach.
SEAFOOD, CELEBRITY CHEF EXHIBITIONS
WINE from LOCAL & NATIONALLY ACCLAIMED VINEYARDS
MUSIC & other Entertainment
FAMILY FUN DAYS
ARTS, CRAFTS, ANTIQUES & MORE
Come and stay in one of our Panama City Beach Condos and enjoy the Festival.
Best Panama City Beach Condos for Rent
Sunday, July 13, 2008
Panama Coty Beach - Skateboard Park
The Bay County skateboard park at the Pete Edwards Recreation Facility in Panama City Beach should be open byJuly 19th. The park has been under construction for approximately one month.
The Bay County skate park will boast a series of ramps, launches and rail slides that is inviting to a variety of skill levels. The park also is designed to blend, allowing skaters to flow from one obstacle to the next. Drop in the half pipe and there are a number of routes to take: go up the other side, drop off the side and over to the concrete ramps or launch onto the rail.
The park will not be lighted, and thus will operate initially only during daylight hours. There will not be a fee charged, but skaters will be required to sign an at-your-own-risk waiver and wear protective gear. The park also will be skateboard specific so "No BMXs".
Bring your boards if you are planning a trip to our Panama City Beach Condo.
Jerry
Best Panama City Beach Condos for Rent
The Bay County skate park will boast a series of ramps, launches and rail slides that is inviting to a variety of skill levels. The park also is designed to blend, allowing skaters to flow from one obstacle to the next. Drop in the half pipe and there are a number of routes to take: go up the other side, drop off the side and over to the concrete ramps or launch onto the rail.
The park will not be lighted, and thus will operate initially only during daylight hours. There will not be a fee charged, but skaters will be required to sign an at-your-own-risk waiver and wear protective gear. The park also will be skateboard specific so "No BMXs".
Bring your boards if you are planning a trip to our Panama City Beach Condo.
Jerry
Best Panama City Beach Condos for Rent
Tuesday, July 8, 2008
Panama City Beach - Circus Cancelled
Thursday is the last Day foe Circus by the Sea in Panama City Beach. $15 tickets if you want to go. Sorry to my Panama City Beach Condo renters later in the month.
Jerry
Best Panama City Beach Condos for Rent
Jerry
Best Panama City Beach Condos for Rent
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