We're going to be the proud recipients of a new INTERNATIONAL AIRPORT in Bay County, FLORIDA!
I'm not sure when the most recent International Airport was built in the US, but I've been told it's been a while. One thing for certain... we need the new airport for future growth and development.
The Bay County Association of REALTORS® has hired a local firm to promote the unprecedented growth and development of the NW FL area. Below are a couple of articles published by this company. With permission, I would like to share the good news with you!
Date Set for Bay County International Airport Groundbreaking Ceremony: November 1, 2007
Early today the Airport Authority began emailing invitations to a "Ceremonial Groundbreaking" for the new airport, to be held on Thursday, November 1, at 9:30 a.m. on Hwy 388 in West Bay.
If you need further information about the event send an email to patty@pcairport.com.
The community has worked nearly ten years to reach this day. Congratulations to Airport Authority Chairman Joe Tannehill, Airport Board Members Bill Cramer, Gerry Clemons, Rick Koehnemann and Andy McKenzie; Airport Executive Director Randy Curtis; and the countless others who have contributed to the process and worked so hard to bring better air service, economic development opportunities and environmental protection to our region.
--------------- More about Our Area 
Panama City, Florida, October 24, 2007
The Florida Association of REALTORS® (FAR) today releases home and condo re-sales numbers for September, 2007 and Panama City places best in the state for overall percentage of change in sales of existing single family homes, while second best in the state for overall percentage of change in sales of existing condos.
The median price for detached, existing single-family homes in Panama City is down by 9 percent compared to September 2006, about average for the entire state, while the median price for existing condos is down 5 percent, once again closely following the state average.
According to the data, Panama City places second only to Ft. Walton Beach in percentage of change for existing condominium sales in Florida. A 19 percent increase in condo re-sales in Panama City over September 2006 measures up favorably against an overall statewide decrease of 37 percent, due in part to a 5 percent correction in Panama City condominium prices, providing incentive to buyers.
Bay County Association of REALTORS® president Scott Bowman points to public awareness campaigns, educating home buyers that now is the best time to invest in real estate, and executed in Panama City, Sarasota and Pensacola, areas showing some of the most positive sales data in the state.
The Panama City/Bay County area continues to see aggressive retail and commercial development, indicating a high degree of optimism for long-term sustainable growth from investors. CNN and other news sources observe that Panama City will possibly see as much as a seventy two percent increase in home prices over the next five years, with as large as a twelve percent growth in population and as much as a thirty percent rise in per capita income.
The Goulding Agency * PO Box 309 * Wausau, FL 32463 * http://www.thegouldingagency.com/
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Contact me if you have questions or would like more information. The area in red is the projected airport site.
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