Panama City Florida featured on CNN
Just as we locals are looking at our projected property tax bills (horrifying) and feeling the effects of the slump in the real estate market (a complete contradiction to the proposed real estate assessments), CNN published an interesting article that places Panama City as the number 1 city in their where to buy now column.
Hmmmmnnn....
Locals have mixed feelings about our new airport. Many didn't want to see it happen as it meant more growth in an already fast growing small town. It appears however that our new airport (if all this speculation is true) will indeed throw our local economy into a much needed upward spiral.
Panama City Beach and Bay County offer some of the most pristine beaches I have seen in Florida. As a native I've watched my home state become overdeveloped and beaches destroyed to make way for condos and developers. As a homeowner in Bay County I am excited about the prospect of once again booming real estate values, however, as a local concerned about our beaches I can only hope that we have learned from other counties mistakes.
posted by Staci @ 6:03 AM
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