This is my current favorite and definitely heading the right direction. Not quite there yet, but getting there.
These are also heading in the right direction, good shots at it. Keep working and let's get the right one.
Panama is a country with the Pacific ocean on one side, the Caribbean Sea / Atlantic ocean on the other and a chain of gorgeous mountains down the middle. Panama city makes up 1/3 of the total population of the country and is a focal point for sure, but we're after incorporating "Little Miami" with the oceans and the mountains. Even if it's just in colors, tones, effects, backgrounds...this logo needs to say it all without a word and the words PanamaRealEstate.com need to feel Web 2.0, trustworthy and confident. It needs to speak about a country that's exploding with urban growth and prosperity that's also a wonderful place to retire, relax and enjoy a pina colada in a hammock on one of our thousands of islands, beaches and boats or on the patio of a mountain cabin. I know that's a tall order, but you're one hell of a good designer, right?