National Homes Sales Up

As reported by the National Association of Realtors, national existing home sales were up in February 2.9% to a pace of 5.03 million units, up from 4.89 million in January. This is still 23.8% below February 2007, but Lawrence Yun said “the improvement is another sign that the market is stabilizing.”

The national median home price is down from last year ($213,500) to $195,900, mostly the result of the slowdown in sales being greater in higher-cost areas.

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New Stores Announced in Pier Park

More stores were announced last week in Pier Park bringing the total stores announced to 96. Almost all of the Boardwalk area is open with everything to be open by early summer.

Some of the new stores announced include Pacific Sunwear, Hana Japan, Paradise Found, Guy Harvey’s Grill, Verizon, Cost Cutters, and Boardwalk Bag’s.

Click the “more” link for an entire list of announced stores.

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This week in Spring Break 2008, Panama City Beach

Last week was indeed the big week, but it’s still not over. My in-laws own a rental management company on the beach that my wife works at on weekends. She said yesterday, “this must be the vomit and poop week.” She said they found human feces on the living room floor in one home and feces on a window sill in another home with vomit all over the place. gross.

Click the “more” link for a list of schools in town this week”

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New Airport Designs released

as from the newsherald

As reported by the News Herald.

HNTB Architecture, the firm that has taken over the design of the new airport facilities presented the new design ideas to the Airport Authority Thursday.

HNTB meets with the Airport Authority Board monthly and have been challenged to get the overall cost of the $30 million terminal down and make it more environmentally friendly.

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Notes from the March 20, 2008 TDC/CVB Marketing Committee Meeting

Only 7 of the 11 members were present. Absent were Philip Griffits, Jr., John Hamati, Bill Spann, and Debi Knight.

2009 COLLEGE SPRING BREAK MARKETING CAMPAIGN

President Dan Rowe explained that he would like the Committee and Board to begin discussing their plans, if any, for this segment ahead of the upcoming budget process. Rowe also reported that he has had discussions with the CVB’s agency about completing additional research to determine what the year-round effect is of our spring break image. Image concerns were also expressed by a majority of the committee members present. Although no formal vote took place, the majority of the committee expressed an interest in either discontinuing funding completely or at least changing it to special event funding. If changed to special event funding, the CVB would only consider providing financial support after an organization or co-op made a formal request for financial support.

Click the “more” link for the others points covered in the meeting.

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