Housing markets have taken a turn for the worse, with the widely followed S&P/Case-Shiller index declining more than analysts had forecast in October. Palm Coast, FL – December 28, 2010 – Housing markets have taken a turn for the worse, with the widely followed S&P/Case-Shiller index declining more than analysts had forecast in October, lending […]
Only Bunnell has done so in Flagler County Palm Coast, FL – December 27, 2010 – According to an article by Jay Brady in the Gulf Coast Business Review, 19 Florida counties have either lowered or suspended impact fees. The data was compiled by Duncan Associates and is available at www.impactfees.com. Impact fees reduced or […]
Several related lawsuits linked to Bobby Ginn’s Bahamas project have been aggregated under Judge Timothy Corrigan. Corrigan is also hearing the class action lawsuit, Lawrie v. Ginn. Palm Coast, FL – December 27, 2010 – Timothy Corrigan, District Judge for U.S. District Court, Middle District of Florida, Jacksonville Division has ordered the aggregation of several […]
Existing-home sales got back on an upward path in November, resuming a growth trend since bottoming in July, according to the National Association of Realtors®. Palm Coast, FL – December 23, 2010 – Existing-home sales got back on an upward path in November, resuming a growth trend since bottoming in July, according to the National […]
Two years before the financial crisis hit, Merrill Lynch confronted a serious problem. No one wanted to buy the supposedly safe portions of the mortgage-backed securities Merrill was creating. Palm Coast, FL – December 23, 2010 – Two years before the financial crisis hit, Merrill Lynch confronted a serious problem. No one, not even the […]
Analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – December 21, 2010 – The National Association of Realtors research staff now gives you a weekly analysis of the economic data released during the past week, and how current economic […]
2009 was a tough year for Florida Realtors®. 2010 has not been much better. But 2011 will be a year of positive trends. Palm Coast, FL – December 20, 2010 – Florida’s Realtors® had a tough year in 2009 according to the National Association of Realtors®. Florida Realtors averaged only 3.2 existing home sale transactions each […]
Borrowers average 19 months without making a payment before they are foreclosed upon, a record high, and Fitch projects this to increase to 25 months in 2011. Palm Coast, FL – December 20, 2010 Loss severities are expected to increase between 5% and 10% on residential mortgage-backed securities in 2011 as loss mitigation costs and […]
Signal improvements for both the FM 106.3 and AM 1550 have been approved by the Federal Communications Commission and were implemented yesterday. Palm Coast, FL – December 18, 2010 – WNZF News Radio, covering Flagler County, Palm Coast, Bunnell, Flagler Beach, and Beverly Beach reaches new heights. Signal improvements for both FM 106.3 and AM […]
Glenn Straub owns the Palm Beach Polo Club and purchased Tesoro, a Bobby Ginn developed luxury golf community at a foreclosure auction. Palm Coast, FL – December 18, 2010 Wellington developer Glenn Straub and his company, Palm Beach Polo Holdings, were found not guilty Thursday in a criminal trial over allegations that he violated federal […]