Once ITT’s model center site, this property was rezoned in 2005 to create the Old Hammock Cove PUD. BB&T foreclosed in 2012. Proposed rezoning will reduce the allowed density to 55 homes. Palm Coast, FL – June 16, 2013 – BB&T is seeking to rezone 21.84 acres bounded by Country Club Drive and the Palm […]
For years, all we have seen is listing price reductions. Now some sellers are deciding that with the improving market, perhaps their list price is too low. Palm Coast, FL – June 14, 2013 – Since the housing market crashed, we have become used to seeing real estate listing price reductions as sellers chased declining […]
Hammock Dunes Owners’ Association survey of owners highlights reasons residents chose Hammock Dunes. Palm Coast, FL – June 13, 2013 – The Hammock Dunes Owners’ Association has published to its members the results of a survey focusing on the reasons residents selected Hammock Dunes. Among all residents, the reasons were: Gated Community – 81% Hammock […]
Florida trailed only Nevada in the list of states with the highest percentage of underwater mortgages. Florida has 38.1% while Nevada has 45.4%. Palm Coast, FL – June 12, 2013 – Corelogic, a California-based residential property information and analytics provider, today released its first quarter 2013 national home equity report. 850,000 residential properties returned to positive […]
It now takes an average of 853 days to complete the foreclosure process in Florida. This number should go down under the new law. Palm Coast, FL – June 10, 2013 – Florida Governor Rick Scott signed into law Friday a measure that is aimed at reducing the time it takes to foreclose on real […]
New Design Studio Does Double Duty by Offering Homebuying Choices for Both SeaGate Homes and Bellagio Custom Homes Palm Coast – June 6, 2013 – SeaGate Homes and Bellagio Custom Homes have opened a new 2,300-square-foot design studio at the company’s corporate offices at 185 Cypress Point Parkway in Palm Coast. The studio offers clients building with either […]
CoreLogic Home Price Index shows that year-over-year prices for non-distressed sales rose in all states; in Florida, 12.3%. Palm Coast, FL – June 5, 2013 – CoreLogic issued its April Home Price Index (HPI) showing that U.S. home sale prices in April were 12.1% above those of a year ago. The rise in the HPI […]
Americans have stopped a downsizing trend and are building larger homes again. Palm Coast, FL – June 4, 2013 – The U.S. Census Bureau released yesterday its 2012 Characteristics of New Housing data. Highlights: Of the 483,000 single-family homes completed in 2012: 432,000 had air-conditioning. 63,000 had two or fewer bedrooms and 198,000 had four […]
Short sales and REO made up 39% of April Flagler home sales and only 32% of May sales. The inventory of distressed homes available is shrinking Palm Coast, FL – May 30, 2013 – The Palm Coast and Flagler County real estate market is definitely breaking out of the pattern followed for the past several […]
Apparently auction participants have been colluding with each other to hold down the bid prices, depriving banks and homeowners of the true value of the auctioned properties. Palm Coast, FL – June 3, 2013 – Federal authorities are cracking down in several states on bargain-hunting foreclosure auction participants who have colluded to hold down bid […]