Fourteen people were charged with participating in a nearly $60 million mortgage fraud ring on Thursday following an FBI crackdown. Palm Coast, FL – August 4, 2011 Fourteen people were charged with participating in a nearly $60 million mortgage fraud ring on Thursday following an FBI crackdown, FoxNews.com has learned. The 14 alleged members of […]
Jason Stasa let go at Grand Haven Golf Club Palm Coast, FL – August 3, 2011 – RUMOR: The on again – off again saga at Crescent Resources’ Florida and Georgia golf courses continues. Crescent exited Chapter 11 bankruptcy last year and has been attempting to sell non-key assets. I’ve been told that the Palm […]
More than three-fourths (77%) of agents said short-sale transactions were difficult or extremely difficult, up from 70% in December, according to a California Association of Realtors® survey. Palm Coast, FL – August 3, 2011 California real estate agents say closing short-sale transactions are "difficult" or "extremely difficult," and said procedures by mortgage lenders and servicers […]
Inflation, or price-level growth, is important for REALTORS® because it ultimately affects mortgage rates and the ability of home buyers to purchase a home. Palm Coast, FL – August 3, 2011 – In the Inflation Watch Series, National Association of Realtors® Research focuses on the price level. We monitor measures of inflation that affect the […]
NAR Chief Economist Lawrence Yun discusses his forecasts for the remainder of 2011 and into 2012, including a look forward at existing-home sales and jobs. Palm Coast, FL – August 2, 2011 – National Association of Realtors® Chief Economist Lawrence Yun discusses his forecasts for the remainder of 2011 and into 2012, including a look forward […]
Some outlandish proposals on Capitol Hill are weighing heavily on the hearts and minds of home owners, sellers, and potential buyers. Palm Coast, FL – August 2, 2011 – If you’re worried about the future of home ownership in America, you have good reason. The nation’s economy is struggling. But it’s not just the rising […]
No new condos can be built on land designated in perpetuity for the Hammock Beach Golf Course Palm Coast, FL – August 2, 2011 – The Florida Cabinet rejected an appeal from the Hammock Beach developer (Ginn-La Marina, Northshore Hammock and Northshore Ocean Hammock Investments) to overturn an Administrative Law Judge’s ruling. That ruling upheld […]
The foreclosed property in the L-section is zoned for multi-family development. Putnam State Bank seeks to clarify development rights before listing property for sale. Palm Coast, FL – August 1, 2011 – The City of Palm Coast is caught between a rock and a hard place. Putnam State Bank seeks approval for Sawgrass Villas; 50 […]
Seagate, CBV Resort Homes, Watson Mortgage, Re/Max Heritage, Adams Cameron Palm Coast, FL – July 30, 2011 – Several Palm Coast area homebuilders and Realtors® have been active recently. Here are a few making the news: Watson Mortgage: Valerie Clymer is a recipient of an award for her work with first-time homebuyers in 2010. Given […]
”The best thing we can do to stabilize the market is to get the garbage off.” Palm Coast, FL – July 29, 2011 Bank of America Corp. (BAC), faced with a glut of foreclosed and abandoned houses it can’t sell, has a new tool to get rid of the most decrepit ones: a bulldozer. The […]