Early mornings are best to watch rowing shells on the Intracoastal Waterway Palm Coast, FL – January 12, 2012 – Syracuse University mens’ and womens’ crew teams are in Palm Coast this week for winter practice. I’ve seen them mostly in the early morning when the water is calm and motorized boat traffic is at […]
According to economist Sam Schulhofer-Wohl at the Federal Reserve Bank of Minneapolis, underwater homeowners are actually more likely to move. Palm Coast, FL – January 11, 2012 – Prevailing wisdom has it that homeowners who owe more on their mortgages than their houses are worth — known as being "underwater" — are forced to stay […]
New County Intracoastal Waterway Parks, Hammock Dunes DRI, Palm Coast Landing buyer also owns Palm Harbor Plaza Palm Coast, FL – January 11, 2012 – Miscellaneous real estate news tidbits for Palm Coast and Flagler County. Hammock Dunes DRI The City of Palm Coast objected strongly to Flagler County’s decision to end the 28-year old […]
Guilt and morality are one side, and objective financial analysis are on the other side. Palm Coast, FL – January 9, 2012 When David Martin and his wife bought their north Seattle condo five years ago, they figured they had plenty of time to downsize if they needed to before they retired. Now, with the property […]
This marks the fifth consecutive week the 30-year fixed has averaged below 4.00 percent. Palm Coast, FL – January 6, 2012 MCLEAN, Va., Jan. 5, 2012 /PRNewswire/ — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates starting the year at or near their […]
Consumer confidence among Floridians rose three points to 69 in December, reflecting a cautious optimism in the economy, according to a recent University of Florida survey. Palm Coast, FL – January 3, 2012 – Consumer confidence among Floridians rose three points to 69 in December, reflecting a cautious optimism in the economy, according to a […]
Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of Realtors®. Palm Coast, FL – December 29, 2011 – Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of Realtors®. The […]
Year-end wrap up and prognostications right after the 9 o’clock news. Palm Coast, FL – December 29, 2011 – GoToby.com publisher and Palm Coast Observer contributing writer Toby Tobin will be a quest on WNZF News Radio Friday, December 30 on Dave Ayers’ show following the 9 o’clock news. The show will feature a review […]
Data through October 2011 showed decreases of 1.1% and 1.2% for the 10- and 20-City Composites in October vs. September. Palm Coast, FL – December 27, 2011 – Data through October 2011, released today by S&P Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, showed decreases of 1.1% and […]
Property sold in 2005 for over $50M Palm Coast, FL – December 22, 2011 – According to public records, an 8,425-acre tract bordering Crescent Lake in Western Flagler County has been sold for $14,637,000. Crescent Timber LLC bought the property from Treesource LLLP in 2005 for $54,405,000. A mortgage for $36,000,000 was recorded at the […]