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 […]
U.S. Magistrate Judge’s order recommends plaintiffs’ fraud (in part), breach of fiduciary duty, tortuous interference, negligence, and class allegations to proceed. Fed civil & criminal investigation. Palm Coast, FL – February 20, 2012 – Friday, in the U.S. District Court of Idaho, U.S. Magistrate Judge Ronald Bush issued a Memorandum Decision and Order/Report and Recommendation […]
Did you find today’s N-J article about Palm Coast golf course sales confusing? You should have. Here’s the real story. Palm Coast, FL – February 19, 2012 – A piece in the Business Section of today’s News-Journal reported on the sale of local golf courses precipitated by changing demographics (fewer golfers) and the decline in […]
It is the highest level the NAHB/Wells Fargo Housing Market Index has reached in more than four years. Palm Coast, FL – February 16, 2012 – Home builder confidence in the market for new single-family homes increased for the fifth consecutive month in February, rising from 25 to 29 on the NAHB/Wells Fargo Housing Market […]
Proponents of HB213 claim the bill will help clear the foreclosure backlog. Opponents say any improvements will be at the expense of homeowners’ rights; that more judges are needed instead. Palm Coast, FL – February 14, 2012 – Florida legislators are debating HB 213, the Florida Fair Foreclosure Act. Bill sponsors claim it will go […]
Big Lots, Carrabba’s, Albertson’s Plaza, Matanzas Golf Course, Crescent Resources, Seagate Homes, Hilton Garden Inn Palm Coast, FL – February 13, 2012 – Miscellaneous real estate news tidbits for Palm Coast and Flagler County. Carrabba’s Moving slowly but moving in the right direction. Carrabba’s is still planning to build a new restaurant in Cobblestone Village […]
We’ve already seen recovery in the number of homes sold and the total value of all sales, but prices have remained stubbornly low. I think that’s about to change. Palm Coast, FL – February 12, 2012 – There are three measurements of the housing market’s health. For Palm Coast and Flagler County, two measures have […]