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Tax rebates for existing home owners as well as first time buyers! Call me for info. |
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Welcome to Pensacola, the Western Gate to the Sunshine State, where thousands live the way millions wish they could!
Deadline for home buyer tax rebates coming up soon!
Pensacola cancer patients now have a new treatment center to help them with their battle against cancer.
Mortgage interest rates inching upward.. Mortgage rates ended the year above the 5 percent mark after rising for the fourth straight week.
Interest rates remain near historical lows, but the average fixed rate on 30-year mortgages has steadily risen since hitting a record low of 4.71 percent the week of Dec. 3. Contact me for more info. Pensacola area home inventory going down. Finally, after several years, The number of homes listed on the Pensacola MLS is going down. The number of listings broke through the 5,000 level a couple of weeks ago and is now hovering around 4,700. Thats good news for both seller and buyer, indicating that sellers are pricing their homes better and that buyers are jumping off the fence. Tax rebates of as much as $8,000 are still available to both first time home buyers and existing home owners. Pensacola voters flip City Hall upside down! You can get the full story here.... Good news on the home buyer tax credit... Congress has officially approved an extension and expansion of the home buyer's tax credit. Both the House and the Senate now have approved an extension and an expansion and word is the bill could go to the White House by the end of this week (Oct. 7.) The bill will provide a credit of up to $8,000 for first time home buyers and $6,500 for all primary home buyers as well as loosen the income requirements. (Click here for a video explaining the Tax Credit Program.) Under the bill, income limits are expanded to $125,000 for individuals and $225,000 for joint filers. Individuals with incomes up to $145,000 and joint filers with incomes up to $245,000 qualify for reduced credits.Homes would have to be under contract by April 30 and close by June 30, 2010. And click here for an added benefit for military folks! Mortgage interest rates are still low! Interest rates for 30 year fixed rate mortgages are still hovering around 5%.Bankrate.com reports rates at an average of 5.06% for a 30 year mortgage and 4.64% for a 15 year mortgage. Nationwide is cancelling! If you're one of the thousands of Florida home owners who are insured by Nationwide, look out! Nationwide Insurance Co. of Florida has announced plans to drop about 60,000 home insurance policies.
Don’t lose out on $8 Grand!
If you are waiting on mortgage rates, they continue to hover in the 5 percent range for a 30 year mortgage, depending on your credit score and your needs. Overall, interest rates for 30 year fixed rate mortgages are still hovering just above the all time lows. *****
Call me about distressed property bargains!
The best time to buy something is when it's on sale...
![]() Featured Real Estate Listings
SINGLE FAMILY
$274,888 - Large home with enclosed pool in a peaceful country setting! 229 Man-O-War Circle Cantonment, Fl 32533 4 Bed / 2 Bath / 1 Half bath Size: 2,532 Sq. Ft.
SINGLE FAMILY
$244,900 - Executive level home at affordable price! 1083 Yellowstone Pass Pensacola, Fl 32533 4 Bed / 3 Bath Size: 3,036 Sq. Ft.
COMMERCIAL VACANT LAND
$175,000 - Big commercial lot in a bustling commercial area! 13300 Mirella St. Pensacola, Fl 32507
SINGLE FAMILY VIRTUAL TOUR
$169,000 - Golf course home for well under $200,000! 8817 Burning Tree Rd. Pensacola, Fl 32514 4 Bed / 3 Bath Size: 2,349 Sq. Ft.
SINGLE FAMILY
$149,000 - Great 4/2 in ever popular Pace in Santa Rosa County 4001 Bell Lane Pace, Fl 32571 4 Bed / 2 Bath / 0 Half bath Size: 1,420 Sq. Ft.
SINGLE FAMILY
$145,900 - Immaculate 3/2 with tons of extras! 8250 Carriage Ln. Pensacola, Florida 32514 3 Bed / 2 Bath Size: 1,336 Sq. Ft.
SINGLE FAMILY
$142,900 - Home with a pool near Navy facilities 8132 Camelford Dr. Pensacola, Florida 32506 3 Bed / 2 Bath Size: 1,537 Sq. Ft.
SINGLE FAMILY
$114,900 - Really nice 3/2 in a quiet neighborhood 7776 Phenix Pl. Pensacola, Fl 32514 3 Bed / 2 Bath / 0 Half bath Size: 1,300 Sq. Ft.
SINGLE FAMILY
$47,000 - Affordable double wide mobile home in great condition! 5638 Turkey Rd. Pensacola, Fl 32526 3 Bed / 2 Bath / 0 Half bath Size: 1,708 Sq. Ft.
COMMERCIAL SINGLE FAMILY
Two residential properties zoned for commercial use. 1600 E. Burgess Rd. Pensacola, Fl 32504 3 Bed / 2 Bath / 0 Half bath Size: 2 Sq. Ft.
Contact Me
Jim Pennington |






If you're planning to buy a home and take advantage of thousands of dollars in tax credits, you need to act soon. The deadline for putting a home under contract is April 30, 2010, and it's fast approaching! First time home buyers, someone who has not owned a home in the past 5 years, can get as much as $8,000 back, depending on the price of the home. Existing home buyers, who have lived in their current home for 5 consecutive years, can get as much as $6,500. The rebate is 10% of the home price, up to those two amounts. And there are income requirements. Please contact me quickly if a new home is in your plans!













