Picture Courtesy of Panama City Beach Chamber of Commerce
If you don’t know Beth Oltman, President & CEO of the Panama City Beach Chamber of Commerce, now would be a good time to drive down to Richard Jackson Boulevard and get to know one of Panama City Beach’s leading ladies. Beth hails from South Carolina, born in California, she has been the president of the Panama City Beach Chamber of Commerce for nearly 4 years.
We sat down with Beth for our Optimism on Panama City Beach series and talked PCB, current and future prospects.
READ MORE

We’re giving away four free tickets to broadway’s big fat musical HAIRSPRAY! at the Marina Civic Center in Panama City. All you have to do is post a comment below telling us why you deserve the tickets. Do you like theater, like the Marina Civic Center or just can’t get enough of Hairspray? Tell us in a comment and win–its that simple. The winners will be chosen by us here at PCBDaily, announced in Tuesday’s newsletter and the ticket will be waiting for you at the will-call. Post away to get free Hairspray.
Show starts February 16th one performance only. 7:30 PM at the Panama City Marina Center.
For more information call 763-4696 or go to www.marinaciviccenter.com

Over the course of the last 2 months following Coastal Vision 3000’s announcement of its disbanding, numerous articles have been written, many speculative, as to what caused the doors to close. Even more were curious as to the declaration of, “Mission Accomplished,” and what goals of Coastal Vision 3,000 were actually achieved. To answer our questions, we went directly to the source, Mr. Davage “Buddy” Runnels, who served as the chairman of CV3’s board. In his view, the mission was accomplished, but not yet completed. READ MORE

(Click READ MORE to see video from the parade!)
Mardi Gras 2010, or more aptly named Mardi Gras at the Beach was put on by the Krewe of Dominique Youx. This monumental event far exceeded expectations of local officials, event organizers and locals alike. Last year the event was huge despite poor weather and threatening rain. This year, with cloudy skies, a peeking sun and chilly weather, the event was even MUCH larger. READ MORE

I am very excited about news coming down the pike as a Realtor and my happy news may well be good news for would be buyers and sellers of short sales. When someone calls me about a home and I, through gritted teeth, tell them that it is a short sale, I can just hear their eyes rolling in their head. Hopefully these new Treasury proposed guidelines will help us all.
The main reason for the gritting of teeth and the eye rolling is the unsure outcome and the long time frame in waiting for the bank to give us an answer on a short sale. The new guidelines proposed by the federal government for short sales will address this issue. The new rules will give lenders a 10 day limit to respond to offers, free borrowers from dept and even provide financial incentives to lenders.
As the housing slump enters its fifth year these guidelines should factor into helping us see the light at the end of our tunnel. To speed up the process the U. S. Treasury is calling for lenders to respond to short sale offers within 10 business days. Sellers would be eligible for $1500 in moving allowances and they will not be strapped with repayment of any dept.
To further encourage banks, lenders will get $1,000 to cover administrative costs, while investors owning the mortgages will receive a maximum $1,000 for allowing up to $3,000 in short sale proceeds to be distributed to less senior lenders. Loan servicers participating in the Obama Administrations Home Affordable Modification Program are required to follow the guidelines.
The plan that must be implemented by lenders no later than April may be too late for my short sale that has been waiting on a decision since last April. We have gone through 3 buyers and it looks like we are at an impasse and off to foreclosure we go even though we have a willing buyer and seller. The first and second position lenders are not being good playmates. It is my hope however that we will see a change for the better. There are some banks that are already doing the responsible thing and working hard to make this painful process as pleasant as possible. You can rest assured that I will be using my brand of getting even with those fellows!!!
So till next week you know the drill by now, “The only people we have to get even with are those that have helped us”…… So get busy and go get even.
from www.PanamaCityBeachHarley.com

You’ve driven past the sign probably a thousand times since it was posted; some of you passing with excitement, others with disdain. Either way, Harley Davidson Motor Cycles is coming to Panama City Beach. The acceleration lane headed West from the intersection of Panama City Beach Parkway and Gulf Blvd is almost complete and the crews have one more layer of asphalt to lay. After that, its vroom, vrooom!
Businesses like Harley Davidson moving into our area is always a good thing, a sign of the economic prosperity to be had on our wonderful beaches. However, we at PCBDaily.com have read the comments (see exhibit A) about Bike Week and although we are fans of the event, the chromed-out weekend remains one of PCB’s most polarizing topics. Some love it, some hate. Harley Davidson’s arrival onto our beach can only mean that the bike week has more staying power than many realize.
We expect construction to begin soon on the latest addition to the Harley Davidson family of Dealers.

This construction appears to be the first of the “Commercial Opportunities” that are offered by the St. Joe Company along Panama City Beach Parkway (or Back Beach Road, as some still call it). This and other land parcels are convenient to Frank Brown Park and Pier Park.
As growth continues on Panama City Beach… We’ll keep you posted!
I hate to do this – but I’m going to let you in on one of Panama City Beach’s biggest secrets, and my own personal favorite spot. READ MORE
Most people who are familiar with Panama City Beach restaurants will probably have heard of 30 Degree Blue, an upscale dining establishment that has always boasted some of Panama City Beach’s most gourmet cuisine. READ MORE

The Panhandle Chapter of the American Red Cross announced a free concert fundraiser to be held in Panama City Beach for the relief of the Haitian people.
After seeing the devastation caused by the earthquake in Haiti on January 12, Ski Light, owner of Ski Productions in Panama City Beach came up with the idea for a benefit concert.
READ MORE