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 […]
The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®. Palm Coast, FL – May 24, 2010 – The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said job […]
The requested rate hike is still under review by state regulators. Palm Coast, FL – May 23, 2011 Fidelity National Property and Casualty Insurance Co. asked Florida insurance regulators this week to allow the firm to raise its homeowners’ insurance rate by 27.6% to offset an influx of claims, according to Stephen Alexander, an actuary […]
Turned down last year by the state Department of Community Affairs, the 5000-home project gets new life under changed political winds. Palm Coast, FL – May 23, 2011 – UnderThomas Pelham, the state Department of Community Affairs turned down Old Brick Township within the newly annexed western portion of Palm Coast. The project had gotten […]
A voter approved Property Tax Exemption is available for the 2011 tax year for military personnel deployed outside the United States. Palm Coast, FL – May 20, 2011 – According to Flagler County Property Appraiser, James E. Gardner, Jr., CFA, a voter approved Property Tax Exemption is available for the 2011 tax year for military […]