Rolling low-balls at sellers may have been an effective approach between 2008 and early 2011. But in 2012’s environment – at least in rebounding markets – it could be counterproductive if you truly want to buy.
Some buyers still try to throw a low-ball offer sometimes 25% or more off the asking price and they will pull out their spreadsheet or market analysis to justify their offer.
In Panama City Beach they likely will be unsuccessful and someone else will get the property. The properties on the beach are still selling at bargain prices but they are not given away.
If you want a condominium on the Gulf there are only 487 left as compared to several thousand four years ago. As our inventory continues to drop the prices will rise.