What's the hottest property type?

This is a solid question. We are seeing more and more commercial and residential properties popping up under the Foreclosure category. It's becoming the newest property type and what almost all investors are looking for. Even full time occupants are looking for these properties to move into. There are quite a few online at www.panama-city-beach-florida-mls.com for your viewing pleasure and search.

We also would like to welcome you to post your thoughts on this property type on www.InvestSmarter.com and share with others what is happening all over the country!

In Tough Times, Owners Turn To Renting

One of the biggest things we advocate is finding a way to offset your expenses through rental!!! We have an entire breakdown of the costs and benefits of renting your second home or condo whether in the Panama City Florida Real Estate Market or anywhere in the country. As the article below mentions, many resort management companies are really charging a lot of money to handle this...and one point they don't mention is the fact that the repairs will eat up even more!!! Be careful of who you go with...ask for references and call them to see their satisfaction with the service. Read below and let us know your experience!

Daily Real Estate News September 12, 2008Renting Out a Second Home Offsets Costs Renting out a second home can be a source of income in a tight economy, but the competition is increasing, says Christine Karpinski, author of How to Rent Vacation Properties by Owner.Management companies charge between 30 percent and 40 percent, but many renters have success advertising on VRBO.com or Homeaway.com and handing the details themselves, according to Karpinski.Owners say they don’t make a ton of money renting out their second home, but breaking even is a realistic goal.In this economy, you may have the greatest chance of success if the home is located less than two hours from a city, Karpinski says.Source: Star-Tribune, John Ewoldt (09/09/08)

We are big fans of VRBO and Homeaway.com....we have one of our units www.OceanRitz2003.com on both sites and more than 3/4 of the renters come from those sites. They are qualified and ready to go. That being said, the real estate market in Panama City Florida is getting tighter and tighter, but if you have the time and can rent the unit out....you are getting back to the old days of being able to offset your overhead renting the unit out...and using it yourself!! Visit us online today at www.Panama-City-Beach-Florida-MLS.com to see more real estate in Panama City Florida for sale or if you are looking for a condo visit www.Panama-City-Beach-Florida-Condominiums.com and if you are just looking in the Panhandle, www.RandBCoastalRealEstate.com covers NW Florida.

Panama City Beach Florida Rental Condominium Market

The rental market in Panama City is beginning to slow down somewhat after a wonderfully long season! We now anticipate some prices beginning to drop from a sales stand point. But we did take some time and would love the opporunity for feedback on a little redesign on http://www.oceanritz2003.com/. We have tried to add a few new things to do and some wonderful links to TripSmarter.com to help out also.

If you are in the market to purchase a condominium in Panama City Beach Florida, take some time to review http://www.panama-city-beach-florida-condominiums.com/ for wonderful information and all the condos on the market. This site is great because they do not ask you for a bunch of information to search. Very user friendly!

Have a great week and let us know how we can better help you today!