Changes Coming in PMI Requirments?

Thumbs Up For the Real Estate Market!

Could Good News Be Coming For The Real Estate Market?

I was reading the Realty Times, a newsletter about real estate, and Kenneth R. Harney wrote something I found very interesting that may impact Destin Condo For Sale.

the private mortgage insurance industry, which virtually eliminated low-downpayment financing opportunities in many markets during the past year by declaring them “declining” or “distressed,” has begun reversing course.

Genworth Mortgage Insurance Company last week removed 63 of its 68 previous designations of “declining markets.” That should open up non-FHA cash-out refinancings and low-downpayment home purchase mortgages to thousands of people who’d been squeezed out under the old rules.

I have a couple of my banker friends looking into what, if any, impact this will have on Destin Condos For Sale and will post what I find out soon. For more information give us a call or text us at 850-217-7618.

You can also find out more about Alys Beach Foreclosures and Short Sales by going to the At The Beach Alys Beach website and the At The Beach FL for information about South Walton County Condo Foreclosures and Short Sales. Also be on the lookout for At The Beach Panama City which should be up and running soon!

Panama City Bay County International Airport

Panama City Bay County International Airport has been under construction since January 2008. This is the first airport built in the United States since 9/11. Northwest Florida is expecting the grand opening in late May 2010!

Airport authorities are brain storming for airport names and will decide on a name on September 22nd, when they meet again. They are asking members of the public for suggestions, email newpfn@gmail.com to present your ideas to the Board members.

The Panama City – Bay County International Airport Authority is going to have some of the latest equipment in security technology called The Checked Baggage Inspection System. This equipment is designed to enhance screening capabilities and airport safety and also facilitate customer service.

For more information about the new airport and the new baggage screening equipment go to http://newpcairport.com/

The Name Changes, But The Same Great Service Remains

Name Change For The Moran Team

In a move to carry the business forward Keller Williams Realty’s The Moran Team has changed it name to Keller Williams Realty’s AT THE BEACH TEAM. The change reflects the company’s philosophy away from a singular focus on John and Kris Moran to the benefits of working with a team of highly qualified realtors and support staff.

Where We Are

The Moran Team, headed up by John & Kris Moran, has built a very successful business over that past five years and is now recognized as one of the top ranking real estate teams in the area. According to recent Emerald Coast Association of Realtors statistics The Moran Team sells more condos than all but a handful of agents, has a higher list to sales price ratio than average and sells their listings 3 times faster than average. The current Average Days On Market for the board is 238 days while The Moran Team’s is only 71!

Where We Are Going

We have worked very hard to develop the skills required to succeed in a very challenging market and have developed systems that will allow us to continue grow well into the future. We are now beginning a phase of growth where we are adding realtors to service new areas for us. The first agent to join the AT THE BEACH TEAM is John Skinner who will be servicing the Panama City Beach market. You can learn more about him on the about section of the Panama City Beach Real Estate News website.

Where You Can Find Us

Some of the other areas Keller Williams Realty’s AT THE BEACH TEAM covers is Destin Real Estate, Kelly Plantation Homes For Sale, Regatta Bay Homes For Sale, Sandestin Real Estate, Grayton Beach Real Estate, Watercolor Real Estate, Seaside Real Estate, Watersound Real Estate, Rosemary Beach Real Estate, Seacrest Beach Real Estate and Rosemary Beach Real Estate.