Thom Bachelder | Panhandle Real Estate Inc

Thom Bachelder, REALTOR®
(850) 866-5577

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New Home Sales Rise in February

In February 2025, sales of new single-family homes in the U.S. rose by 1.8%, reaching an annual rate of 676,000 units. This increase reflects changes in mortgage rates, economic conditions, and builder strategies. The article explores what’s driving the market now and what buyers and developers can expect in the coming months.

24MAR

Homebuyers vs. High Interest Rates

High mortgage rates in the U.S. have significantly impacted the housing market, leading to decreased affordability and altering buyer strategies. As of March 2025, the average 30-year fixed mortgage rate stands at approximately 6.67%, a notable increase from previous years. This rise has resulted in higher monthly payments, pricing many potential buyers out of the market.

17MAR

Spring 2025: Will Home Sales See a Revival?

Despite a sluggish start to 2025, real estate experts expect home sales to rebound this spring. Factors such as falling mortgage rates, increased housing inventory, and demographic shifts are expected to invigorate the market. While challenges such as affordability remain, the upcoming season may offer new opportunities for both buyers and sellers.

Panama City, Bay County

Panama City is a city in Bay County, Florida. The city is located at 30°9’32”N and 85°39’37”W. According to the United States Census Bureau, the city’s population was 37,681. According to the last census, the median income for a household in the city was 37,890. Please visit the city page on my website and you’ll be able to see all real estate data and detailed Panama City statistics.

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https://real-estate-website.net/myre/images/images_city/FL/ChIJQWPGKlaBk4gR8wFHLNVeWL8/1_700.jpg
Panama City, Bay County
/buildings_panama_city_idChIJQWPGKlaBk4gR8wFHLNVeWL8
Panama City is a city in Bay County, Florida. The city is located at 30°9'32''N and 85°39'37''W. According to the United States Census Bureau, the city's population was 37,681. According to the last census, the median income for a household in the city was 37,890. Please visit the city page on my website and you'll be able to see all real estate data and detailed Panama City statistics.

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Thom Bachelder

Panhandle Real Estate Inc.

2617-A W 23rd St. Panama City, FL 32405

Email: thombachelder@gmail.com

Phone: (850) 866-5577

I have been a Broker/Owner for over 22 years. I have sold Millions in Residential, Commercial, Investment and Vacant land real estate. From Mobiles to Mansions. Over the years I have networked an amazing team of support services that included Home Inspectors, Surveyors, Contractors, Mortgage Specialists, Title Agents and Builders. Personally my company is guided by Christian Principle’s of ‘Doing What’s Right’ and ‘Going the Extra Mile’. I have been married for 27 years, I am a Veteran of USAF, Love my Church, Fishing, Cruising, Motorhoming, and life in general.