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 […]
Replay Resorts is worried it might not get the next step right at Ginn ser Mer Palm Coast, FL – March 2, 2012 – Canadian-based developer for the former $4.9 billion Ginn project’s real estate component yesterday said it would suffer "a very severe blow" if it did not get the next phase right, having […]
RiverTowne Country Club purchased by owner of nearby Snee Farm Country Club Palm Coast, FL – March 2, 2012 – A premier golf property built by Ginn-LA (Bobby Ginn and financial partner Lubert-Adler) near Charleston, S.C. has been sold. The private RiverTowne Country Club was sold by Lubert-Adler to Jim Feeney’s RiverTowne Country Club LLC. Feeney […]
Buffett believes purchasing a home with ultra-low mortgage rates and holding it for the long-term has become a better investment than stocks right now. Palm Coast, FL – March 1, 2012 – Legendary investor Warren Buffett just gave a rosy housing market forecast for beyond 2012 in his annual letter to shareholders. "Housing will come […]
Fifty-six properties scheduled for foreclosure sale this month. Palm Cost, FL – February 29, 2012 – Fifty-six Flagler County properties are currently scheduled to be sold at foreclosure auction during March. The foreclosure process takes time. One scheduled property’s foreclosure was initiated in 2007. Of the remainder, 19.6 percent were initiated in 2008, 39.1 percent in 2009, 30.4 […]
More than 20,000 Florida homeowners can now sue Wells Fargo and an insurance company, QBE, for allegedly overcharging for insurance. Palm Coast, FL – February 27, 2012 – A class-action lawsuit in Florida that moved forward last week highlights a little-appreciated aspect of the housing market — the cozy relationship between banks and insurance companies […]
Pending home sales are on an upward trend since reaching a cyclical low last April, and are well above a year ago, according to the National Association of Realtors®. Palm Coast, FL – February 27, 2012 – Pending home sales are on an upward trend, which has been uneven but meaningful since reaching a cyclical […]