Sales were up in the Midwest and South, offset by declines in the Northeast and West. Palm Coast/Flagler runs ahead of the curve. Palm Coast, FL – March 21, 2012 – February existing-home sales declined nationally from an upwardly revised January pace but are well above a year ago, while the median price posted a slight […]
March 17th to April 1st – One local builder sold his Parade home model on the first day. Palm Coast, FL – March 19, 2012 – The Flagler Home Builders Association kicked off its 18th annual Parade of Homes on Saturday amid positive signs of a housing recovery. The Parade of Homes runs from March […]
The Volusia Building Industry Association agreed to dismiss a lawsuit in exchange for the moratorium. Palm Coast, FL – March 19, 2012 – A two-year impact fee moratorium won approval from the Volusia County School Board last week in a move a home builders believe will help the area’s construction industry recover from the recession. […]
The big bank settlement over mortgage servicing abuses was finalized last week, detailing the agreement’s actual terms. Palm Coast, FL – March 19, 2012 – The big bank settlement over mortgage servicing abuses was finalized last week, detailing the agreement’s actual terms. Bank of America, Citigroup, Ally Financial (formerly GMAC) and JPMorgan Chase are on […]
Transfer fees are contractual arrangements where an owner pays a fixed amount or a percentage of the sales price at the time of transferring the property. Palm Coast, Fl. – March 15, 2012 – The Federal Housing Finance Agency (FHFA) has sent a final rule to the Federal Register on private transfer fees. The final […]
Tucked into the landmark $25 billion national foreclosure settlement filed this week in federal court is an $18 million payday for Palm Beach Gardens homeowner Lynn Szymoniak. Palm Coast, Fla. – March 14, 2012 Tucked into the landmark $25 billion national foreclosure settlement filed this week in federal court is an $18 million payday for […]
More buyers and less inventory are the ingredients for recovery. Palm Coast, FL – March 13, 2012 – Flagler County February home sales were brisk, and it wasn’t only because of the extra day. The number of homes sold was up 53.3% from February one year ago. This gain follows a 52.5% gain in January […]
The city is looking at options to preserve and enhance the quality of life in some of the oldest areas of the Palm Harbor section. Palm Coast, FL – March 12, 2012 – Residents are invited to attend a Parkway East Master Plan workshop on Tuesday, March 13th, 6:00 p.m. at the Palm Coast Community […]
This bright spot in the housing market strengthens, as an index measuring the apartment and condo sector posts its highest level in six years. Palm Coast, FL – March 9, 2012 – The Multifamily Production Index (MPI), a leading indicator for the multifamily market released by the National Association of Home Builders (NAHB) yesterday, showed […]
Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors®. Palm Coast, FL – March 7, 2012 – Housing affordability conditions have reached the highest level since recordkeeping began in 1970, according to the National Association of Realtors®. NAR’s Housing Affordability Index rose to a […]