A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – June 4, 2011 – Every week the Research staff analyzes key data releases and explain what they mean for you and your business. In this update, we give […]
GoToby.com’s Toby Tobin provided input for this in-depth article by Patrick Doyle Palm Coast, FL – June 3, 2011 – As part of its continuing coverage of Ginn-LA (Bobby Ginn and Lubert-Adler), GoToby.com has written of their plans for a private ski/golf resort in Minturn, CO near Vail. Ginn-LA purchased Battle Mountain for $32.75 million […]
The National Association of Realtors® reports declining Pending Home Sales Index in April. Palm Coast led the boom, then the bust. It might just be leading the recovery too. Palm Coast, FL – June 1, 2011 – With sales still being reported, May home and condominium sales in Palm Coast and Flagler County already surpass […]
The first-quarter drop is the worst experienced since the onset of the recession when mortgage originations plummeted 31.5%, according to a new research report from Federal Reserve Bank of Cleveland. Palm Coast, FL – June 1, 2011 Mortgage originations in the first quarter fell 35% to $325 billion, breaking three consecutive periods of growth and […]
The pending sales contract for golf courses at Grand Haven, Grand Club, South Hampton, North Hampton, and Osprey Cove failed to complete. The properties are back on the market again. Palm Coast, FL – June 1, 2011 – Crescent Resources’ attempt to sell its Florida and Georgia golf courses has suffered another setback. Not for […]
Servicers started 187,423 foreclosures in April, down 14.7% from a year ago and down 31% from March. Palm Coast, FL – May 31, 2011 Foreclosure starts and delinquencies dropped significantly from a year ago, according to Lender Processing Services‘ Mortgage Monitor report. Servicers started 187,423 foreclosures in April, down 14.7% from a year ago and […]
A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – May 13, 2011 – Every week the Research staff analyzes key data releases and explain what they mean for you and your business. In this update, we give […]
Bellagio Custom Homes is nearing completion on the framing of their Florenza II, a 3,490-square-foot luxury model in Wild Oaks, the estate section of Grand Haven. Palm Coast, FL – May 26, 2011 – Bellagio Custom Homes is nearing completion on the framing of their Florenza II, a 3,490-square-foot luxury model in Wild Oaks, the […]
Seven states have a median age over 40 Palm Coast, FL – May 26, 2011 –The U.S. Census Bureau released today a 2010 Census brief on our nation’s changing age and sex composition that shows the nation grew older while the male population grew faster than the female population over the last decade. According […]
Losses, write-downs, and cancellations down. Net signed contracts up. HORSHAM, Pa., May 25, 2011 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, today announced results for earnings, revenues, contracts and backlog for its second quarter ended April 30, 2011. The Company reported a FY 2011 second-quarter net loss […]