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Discounts on Certain Stacks- Shores of Panama

Are you ready to make your dream of beachfront living a reality? Look no further than Shores of Panama, the ultimate destination for those seeking a luxurious and immersive resort experience.

With 52 condo units available for sale, there’s something for everyone at the Shores of Panama. And now, for a limited time, there are exclusive discounts available on certain stacks, making this the perfect opportunity for individual buyers and investors alike to invest in their very own beachfront oasis.

Each condo is designed with the finest attention to detail, offering unparalleled comfort and style. Whether you’re looking for a cozy one-bedroom unit or a spacious three-bedroom suite, Shores of Panama has the perfect option for you.

But it’s not just about the condos – Shores of Panama offers a truly immersive resort experience. Lounge by the pool, enjoy a cocktail at the beachfront bar, or take a stroll along the pristine shoreline. This is the ultimate in Florida living.

And when it comes to making your dream a reality, Woody Junot from Life’s A Beach Real Estate is ready to help. As the Broker/Owner of Life’s A Beach Real Estate, Woody has the experience and expertise needed to guide you through the buying process and ensure you find the perfect unit for your needs.

Don’t miss out on this exclusive opportunity to invest in your very own piece of paradise. Contact Woody Junot today to learn more about the available units and the exclusive discounts on offer at Shores of Panama.

Contact us using the form below:







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    Why Should You List Your Home or Condo with Life’s A Beach Real Estate?

    Life’s A Beach Real Estate is a leading real estate firm based in Panama City Beach, Florida. With three resort building offices and a team of expert real estate agents, we have established ourselves as the Panama City Beach real estate experts. Whether you are looking to sell your home, buy a new one, or invest in property, Life’s A Beach Real Estate is here to help.


    But it’s not just the market knowledge that sets Life’s A Beach Real Estate apart. We also understand the importance of showcasing your property in the best light possible, which is why we utilize a variety of digital marketing tools, including professional photography and virtual tours. This means that your property will receive maximum exposure to potential buyers, increasing the chances of a quick sale.

    At Life’s A Beach Real Estate, we believe that selling a home should be a positive and stress-free experience, which is why we place such a strong emphasis on customer service. Our agents will work closely with you every step of the way, from the initial listing to the closing of the sale, to ensure that you are comfortable and satisfied with the process. We understand that this is a big decision, and we want to make sure that you feel confident and informed every step of the way.

    We have a proven track record of success. We have sold countless homes and condos in Panama City Beach, and our clients have consistently been impressed with the results. Whether you’re looking to sell quickly or maximize the value of your property, Life’s A Beach Real Estate is the right choice for you.

    So, what are you waiting for? List your Panama City Beach home with Life’s A Beach Real Estate today and experience the best in real estate services. From our market knowledge and digital marketing expertise to our focus on customer service and proven track record of success, Life’s A Beach Real Estate has everything you need to turn your real estate dreams into a reality.







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      What’s Your CONDO WORTH in PCB?

      Knowing the current value of your condo is important for a number of reasons.


      First and foremost, it can affect your financial decisions. If you are considering selling your condo, understanding its current market value can give you a better idea of how much to list it for, as well as what kind of offers to expect. Similarly, if you are thinking about taking out a home equity loan or refinancing your mortgage, the value of your condo will play a major role in determining how much money you can borrow.

      Additionally, knowing the value of your condo can also impact your insurance coverage. If your condo is underinsured, you may not be fully protected in the event of a disaster or other unexpected event. By understanding the current value of your condo, you can ensure that your insurance coverage is adequate.

      Furthermore, Knowing your condo’s value can also be useful in terms of budgeting and planning for future expenses. If you know that your condo is increasing in value, you can plan for things like home renovations or upgrades. Conversely, if you know that your condo’s value is declining, you may want to hold off on making any major investments in your property.

      Ultimately, understanding the current value of your condo is essential for making informed decisions about your finances, insurance coverage, and future planning. Whether you are thinking about selling your condo, taking out a loan, or just want to know what your property is worth, it’s important to have a clear understanding of its current market value.

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      Where Are Mortgage Rates Headed? – Emerald Coast Real Estate

      Interest Rates

      Buyer’s Purchasing Power?

      A common question that our agents face every day is, are mortgage rates going up?  It is an important question to ask, as the higher the mortgage rate the lower the loan amount you can afford.  Panama City Beach and along the Emerald Coast is still a scorching housing market, and prices continue to rise.  As mortgage rates start to creep up along with rising home prices, the less purchase power a home buyer will have.  What does that mean?  If you are waiting for the time to be suitable to purchase…that time is now!

      If you are thinking about buying or selling, it is essential to understand the current real estate market.  A trusted, experienced real estate agent is invaluable in helping you know Panama City Beach and the Emerald Coast real estate market.

        Life’s A Beach Real Estate can help you stay up on the current industry topics and trends.  And help with questions, concerns, and much much more.

      The Top Indicator if You Want To Know Where Mortgage Rates Are Heading

      Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase in mortgage rates changes what a purchaser can afford. To give you an idea of how rising mortgage rates impact your purchasing power, see the table below:

      The Top Indicator if You Want To Know Where Mortgage Rates Are Heading | MyKCM

      How Can You Know Where Mortgage Rates Are Headed?

      While it’s always difficult to know exactly where mortgage rates will go, a great indicator of where they may head is by looking at the 50-year history of the 10-year treasury yield, and then following its path. Understanding the mechanics of the treasury yield isn’t as important as knowing that there’s a correlation between how it moves and how mortgage rates follow. Here’s a graph showing that relationship over the last 50 years:

      The Top Indicator if You Want To Know Where Mortgage Rates Are Heading | MyKCM

      This correlation has continued into the new year. The treasury yield has started to climb, and that’s driven rates up. As of last Thursday, the treasury yield was 1.81%. That’s 1.74% below the mortgage rate reported the same day (3.55%) and is very close to the average spread we see between the two numbers (average spread is 1.7).

      Where Will the Treasury Yield Head in the Future?

      With this information in mind, a 10-year treasury-yield forecast would be a good indicator of where mortgage rates may be headed. The Wall Street Journal just surveyed a panel of over 75 academic, business, and financial economists asking them to forecast the treasury yield over the next few years. The consensus was that experts project the treasury yield will climb to 2.84% by the end of 2024. Based on the 50-year history of following this yield, that would likely put mortgage rates at about 4.5% in three years.

      While the correlation between the 30-year fixed mortgage rate and the 10-year treasury yield is clear in the data shown above for the past 50 years, it shouldn’t be used as an exact indicator. They’re both hard to forecast, especially in this unprecedented economic time driven by a global pandemic. Yet understanding the relationship can help you get an idea of where rates may be going. It appears, based on the information we have now, that mortgage rates will continue to rise over the next few years. If that’s the case, your best bet may be to purchase a home sooner rather than later, if you’re able.

      Bottom Line

      Forecasting mortgage rates is very difficult. As Mark Fleming, Chief Economist at First American, once said:

      “You know, the fallacy of economic forecasting is don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.”

      However, if you’re either a first-time homebuyer or a current homeowner thinking of moving into a home that better fits your changing needs, understanding what’s happening with the 10-year treasury yield and mortgage rates can help you make an informed decision on the timing of your purchase.

      To learn more, reach out to our team.  With multiple office locations, Life’s A Beach Real Estate office is located in the Grand Panama Beach Resort and Origin At Seahaven.  And Life’s A Beach Luxury Real Estate is located in Destin.  We are here to answer your questions and help you find your piece of paradise.

       

       

       

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      Home Equity – Emerald Coast Real Estate

      Home Equity

      When you buy a home, you plant a seed that grows your investment each year.  Life’s A Beach Real Estate would love to help you buy your forever home or investment home of your dreams, so you can let the equity take root!

      We hope you took a brief moment to watch this short video on growing your wealth through home equity.  

      If you would like to discuss further the real estate market in Panama City Beach or along the Emerald Coast, please reach out to us. 

       Life’s A Beach Real Estate is a full-service brokerage with experienced agents.  We are here to help you with all your real estate needs.  

      You can find us in multiple locations along the Emerald Coast.  We have three offices in Panama City Beach, FL, and one office in Destin, FL.  Our mission is to help you “find your piece of paradise” along the Emerald Coast.  And with access and insight on all of the best real estate along the Emerald Coast, we can help you make your real estate needs happen.

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      Pets & Home Buying – Emerald Coast Real Estate

      Pets & Homebuying

      A Happy Tail!

        If you have a pet, I am sure you are considering your pet & homebuying and what to expect.  Our pets are a big part of our life!  Many of us plan our lives around our pets.  Therefore, their role in the home buying process is essential!

      If you are thinking about buying or selling, it is essential to understand the current real estate market.  A trusted, experienced real estate agent is invaluable in helping you know Panama City Beach and the Emerald Coast real estate market.

        Life’s A Beach Real Estate can help you stay up on the current industry topics and trends.  And help with questions, concerns, and much much more.

      Pets & Home Buying – A Happy Tail

      A Happy Tail: Pets and the Homebuying Process [INFOGRAPHIC] | MyKCM

      Some Highlights

      • It’s no secret that we love our furry friends – about 70% of U.S. households have pets. What may come as a surprise is how large a role they play in the homebuying process.
      • Americans spend $1,163 a year on their pets, and nearly half of pet owners say they would move for better accommodations and amenities for their pets.
      • If you’re thinking of adding a furry friend, or if you already have, let’s connect to discuss how you can find a home that meets all your pet’s needs.  And what you can expect with pets & home buying.

      To learn more, reach out to our team.  With two office locations, Life’s A Beach Real Estate is located in Panama City Beach.  And Life’s A Beach Luxury Real Estate is located in Destin.  We are here to answer your questions and help you find your piece of paradise.

       

       

       

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      Conforming Loan? Non-Conforming Loan? – Emerald Coast Real Estate

      Conforming Loan

      Conforming Loan or Non-Conforming Loan?

        Why it just became much easier to buy a beach home in Panama City Beach or along the Emerald Coast.  The FHFA is raising its loan limit on conforming loans for prospective purchasers in 2022.  In this blog post, we discuss the difference between a conforming loan and a non-conforming loan and why this is good news for homebuyers!

      If you are thinking about buying or selling, it is essential to understand the current real estate market.  A trusted, experienced real estate agent is invaluable in helping you know Panama City Beach and the Emerald Coast real estate market.

        Life’s A Beach Real Estate can help you stay up on the current industry topics and trends.  And help with questions, concerns, and much much more.

      Why It Just Became Much Easier To Buy a Home

      Why It Just Became Much Easier To Buy a Home | MyKCM

      Since the pandemic began, Americans have reevaluated the meaning of the word home. That’s led some renters to realize the many benefits of homeownership, including the feelings of security and stability and the financial benefits that come with rising home equity. At the same time, many current homeowners have decided their house no longer meets their needs, so they moved into homes with more space inside and out, including a home office for remote work.

      However, not every purchaser has been able to fulfill their desire for a new home. Here are two obstacles some homebuyers are facing:

      • The ability to save for a down payment
      • The ability to qualify for a mortgage at the current lending standards

      This past week, both of those challenges have been mitigated to some degree for many purchasers. The FHFA (which handles mortgages by Freddie MacFannie Mae, and the Federal Housing Administration) is raising its loan limit for prospective purchasers in 2022. The term used to describe the maximum loan amount they will entertain is the Conforming Loan Limit.

      What Is the Difference Between a Conforming Loan and a Non-Conforming Loan?

      Investopedia explains the difference in a recent post:

      “Conforming loans are the only loans that meet the requirements to be acquired by Fannie Mae and Freddie Mac. Jumbo loans, which exceed the conforming limit, are the most common type of nonconforming loan.”

      What Difference Does It Make to Me as a Home Buyer?

      Forbes article earlier this year explains the benefits of a conforming loan and why they exist:

      “Since lenders can’t sell non-conforming loans to Fannie Mae or Freddie Mac to free up their cash, they’re a bit riskier for the lender. This is especially true for jumbo loans, which aren’t backed by any government guarantees. If you default on a jumbo loan, it’s a huge blow to the lender.

      Thus, lenders generally charge higher interest rates to compensate, and they can have even more requirements. For example, lenders who give out jumbo loans often require that you make a down payment of at least 20% and show that you have at least six months’ worth of cash in reserve, if not more.”

      What Happened Last Week?

      The FHFA has significantly increased its Conforming Loan Limits for 2022. Sandra L. Thompson, FHFA Acting Director, explains in the press release that:

      “Compared to previous years, the 2022 Conforming Loan Limits represent a significant increase due to the historic house price appreciation over the last year. While 95 percent of U.S. countie​s will be subject to the new baseline limit of $647,200, approximately 100 counties will have conforming loan limits approaching $1 million.”

      This means that more homes now qualify for a conforming loan with lower down payment requirements and easier lending standards – the two challenges holding many buyers back over the last year.

      The Federal Housing Administration (FHA) also increased its Conforming Loan Limits for 2022. That could also mean an easier path to homeownership for many prospective buyers. As the Forbes article explains:

      “FHA loans can be very beneficial if you don’t have as much savings, or if your credit score could use some work.”

      Bottom Line

      Buying your first or your next home may have just gotten much easier (less stringent qualifying standards) and less expensive (possibly lower mortgage rate). Let’s connect to discuss how these changes may impact you.

      Resources:
      1. To get more information on the new FHFA Conforming Loan Limits, click here.
      2. To get more information on the new FHA Conforming Loan Limits, click here.

      To learn more, reach out to our team.  With two office locations, Life’s A Beach Real Estate is located in Panama City Beach.  And Life’s A Beach Luxury Real Estate is located in Destin.  We are here to answer your questions and help you find your piece of paradise.

       

       

       

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      Happy Thanksgiving – Emerald Coast Real Estate

      Happy Thanksgiving

      We are filled with a heart of gratitude for the relationships we have forged with our clients.  Thank you for making our profession a joy!

      We hope you took a brief moment to watch this short video to let us express our appreciation.  

      If you would like to discuss further the real estate market in Panama City Beach or along the Emerald Coast, please reach out to us. 

       Life’s A Beach Real Estate is a full-service brokerage with experienced agents.  We are here to help you with all your real estate needs.  

      You can find us in multiple locations along the Emerald Coast.  We have three offices in Panama City Beach, FL, and one office in Destin, FL.  Our mission is to help you “find your piece of paradise” along the Emerald Coast.  And with access and insight on all of the best real estate along the Emerald Coast, we can help you make your real estate needs happen.

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      Sellers Market – How Quickly Will Your Home Sell? – Emerald Coast Real Estate

      Sellers Market

      It is no surprise that it is a sellers market out there, prompting sellers to ask, “how quickly will my home sell?”  Well, none of us have a crystal ball, however, the data and market conditions along Panama City Beach and along the Emerald Coast tell us, your home will sell very quickly.

      Our brokerage is here to help you reach your real estate goals.  Buyers now is the time to act and act quickly.  Sellers, if you are thinking about selling in Panama City Beach or along the Emerald Coast, now would be a good time while the market is still HOT and the rates LOW.

       

      We hope you took a brief moment to watch this short video to learn “how quickly your home will sell.”  

      If you would like to discuss further the real estate market in Panama City Beach or along the Emerald Coast, please reach out to us. 

       Life’s A Beach Real Estate is a full-service brokerage with experienced agents.  We are here to help you with all your real estate needs.  

      You can find us in multiple locations along the Emerald Coast.  We have three offices in Panama City Beach, FL, and one office in Destin, FL.  Our mission is to help you “find your piece of paradise” along the Emerald Coast.  And with access and insight on all of the best real estate along the Emerald Coast, we can help you make your real estate needs happen.

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      Don’t Fear Today’s Real Estate Market – Emerald Coast Real Estate

      Happy Halloween

      Buying a home doesn’t have to be scary, even in a sellers’ market. So let’s connect today to take the fear out of the equation.

      Our brokerage is here to help you reach your real estate goals.  Buyers, now is the time to act and act quickly.  Sellers, if you are thinking about selling in Panama City Beach or along the Emerald Coast, now would be a good time while the market is still HOT and the rates LOW.

       

      We hope you took a brief moment to watch this short video to learn “how a professional real estate agent can help you.”  

      If you would like to discuss further the real estate market in Panama City Beach or along the Emerald Coast, please reach out to us. 

       Life’s A Beach Real Estate team is a full-service brokerage with experienced agents.  We are here to help you with all your real estate needs.  

      You can find us in multiple locations along the Emerald Coast.  We have three offices in Panama City Beach, FL, and one office in Destin, FL.  Our mission is to help you “find your piece of paradise” along the Emerald Coast.  And with access and insight on all of the best real estate along the Emerald Coast, we can help you make your real estate needs happen.