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April 2024 Real Estate Recap in Panama City, Panama!

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Join Kent Davis as he breaks down Panama's real estate scene for April 2024. Covering everything from elections to data insights and market analysis, Kent shares it all. Learn about the latest Acobir report findings, recent downgrades, and their implications. Stay tuned for discussions on luxury market trends, promising rental trends, and in-house closings updates. Plus, get Kent's exclusive predictions for the future of Panama's real estate market.
📖 CHAPTERS 📖
00:00 - Introduction
00:20 - Elections
01:10 - Insights into Our Data Sources
01:21 - Here's What I'm Seeing- Analysis
02:40 - Acobir Report: Closing Prices 11% Below Asking, 203 Days on Market
03:48 - Let's Discuss the Big Downgrade
05:57 - The Upside of the Downgrade
10:03 - Insights into the Luxury Market Segment
11:21 - In-House: Promising Uptick in Luxury Rentals
12:27 - In-House Closings
12:58 - Latest Developments on In-House Propertyt Management
13:44 - Predictions
Click here to read the full article!
www.panamaequity.com/blog/pan...
To start your Panama real estate search, check out our listings today:
WEBSITE ► www.panamaequity.com/
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ABOUT PANAMA EQUITY
Panama Equity was founded on a commitment to deliver a professional real estate experience to all of our clients. Our real estate agents understand the concept of working hard, working smart, and always doing what’s right. We appreciate the trust that our clients put in us, and are always looking to improve the way we deliver the Panama Equity experience.
Panama Equity delivers a professional real estate experience to all clients. Our real estate agents understand the concept of working hard and working smart. We appreciate the trust that our clients put in us. And we are always looking to improve the way we deliver the Panama Equity experience.
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Опубликовано:

12 авг 2024

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Комментарии : 18

@ourblazingworld 3 месяца назад

I was wondering where you had been, thanks for the update!

@PanamaequityRealEstate 3 месяца назад

No problem! :)

@Marilynschannel 3 месяца назад

We need a Bukele type president in Panama . Loved this summary if the market . ❤

@PanamaequityRealEstate 3 месяца назад

Whoa! Scary but hey, each to their own ;) I wouldnt want our next Pres to send the SPI or national police into La Asamblea to pass a law he is advocating for like Bukele did a few years ago. Or take us off the Dollar and on to Bitcoin :) Thanks for your comments though!

@uriahreisman4437 28 дней назад

⁠@@PanamaequityRealEstateHow you doing, liked your report, but disappointed in your take on Bukele as well as his decision to allow Bitcoin as legal tender, you didn’t quite understand that part, he didn’t outlaw other fiat currencies. Competition in currencies is good for people, bad for governments and central banking.

@PanamaequityRealEstate 27 дней назад

@@uriahreisman4437 hey hey and thank you! Im neutral on his bitcoin play. No mentioning of outlawing other currencies ;)

@victortoombs4754 3 месяца назад

Is there a way to access the MLS to see inventory and prices in certain buildings? Also, how much are interest rates on loans in Panama vs the States?

@PanamaequityRealEstate 3 месяца назад

Hi Victor, you can hop into the MLS but not see all the inventory in each building, only the listings that are actually on the MLS. Similar interest rates right now, but usually Panama is higher by at least 100 basis points.

@victortoombs4754 3 месяца назад

@PanamaequityRealEstate But there are no 30-year mortgages, correct? I heard they only go out to about 15 years, and you have to put down between 30-50%. Is that accurate?

@luigib9279 3 месяца назад

“Credit gets harder you are gonna see less inventory…..” I can’t see the logic of that Bottom line for real estate brokers it’s always happy hour

@PanamaequityRealEstate 3 месяца назад

Morning Luigi...I hear ya. Realtors always drinking from the Koolaid and trying to turn lemons into lemonade. My logic was that there will be less new inventory ever hitting the market. Listen to the report and it may make sense.