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 […]
Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National Association of Realtors®. Palm Coast, FL – February 22, 2012 – Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National […]
Tap the $26 billion recent settlement between the state attorneys general and the nation’s 5 biggest banks. Or, there’s an earlier settlement that could lead to an even bigger payoff, in some cases. Palm Coast, FL – February 21, 2012 NEW YORK (CNNMoney) — Millions of borrowers who suffered financial losses because their mortgage lenders […]
How is the housing market in your state affecting the local economy? These reports outline the total economic impact of real estate related industries on the state economy. Palm Coast, FL – February 21, 2012 State Economic Impact of Housing How is the housing market in your state affecting the local economy? These reports outline […]
Citigroup agreed Feb. 15th to pay $158 million to settle a lawsuit over bad loans that the bank passed on to the Federal Housing Administration to insure. Palm Coast, FL – February 21, 2012 – Citigroup agreed Feb. 15th to pay $158 million to settle a lawsuit over bad loans that the bank passed on […]