The typical seller who purchased a home eight years ago experienced a median equity gain of $33,000, a 24% increase, while sellers who were in their homes for 11 to 15 years saw a median gain of 40%. Palm Coast, FL – November 8, 2010 – Home buyers today have affirmed a long-term view of […]
Buyer of Ginn-developed community is said to be a former NFL player and current real estate developer. Palm Coast, FL – November 8, 2010 – The rumor mill is humming about a sales contract on the Bobby Ginn-developed Bella Collina luxury golf community near Orlando. The buyer is said to be Syd Kitson, former NFL […]
Down from 135 to 68 pages, Lawrie v. Ginn now shines more light on banks, bankers, loan originators, and sales representatives. Palm Coast, FL – November 8, 2010 – Plaintiffs in Lawrie v. Ginn filed a second amended complaint Friday in the United States District Court for the Middle District, Jacksonville Division. The first amended […]
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 – November 7, 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 […]
While still experiencing challenges, the commercial real estate market could see signs of steady improvement in the near future, specifically concerning lending. Palm Coast, FL – November 6, 2010 – While still experiencing challenges, the commercial real estate market could see signs of steady improvement in the near future, specifically concerning lending. This is according to […]
Cool and windy but sunny. That was the forecast. It didn’t stop a large crowd from descending upon Central Park in Town Center for Palm Coast’s first annual Seafood Festival. Palm Coast, FL – November 6, 2010 – Cool and windy but sunny. That was the forecast. It didn’t stop a large crowd from descending […]
Over 100 attended last night’s meeting. They did not like hearing that the proposed $10M building did not require voter approval. Palm Coast, FL – November 5, 2010 – Twice this week, Palm Coast City Manager Jim Landon heard that a new $10 million city hall to be built in Town Center using "existing" funds […]
Payrolls climbed 151,000, exceeding the median estimate of economists surveyed Palm Coast, FL – November 5, 2010 – Nonfarm payroll employment increased by 151,000 in October, and the unemployment rate was unchanged at 9.6 percent, the U.S. Bureau of Labor Statistics reported today. Since December 2009, nonfarm payroll employment has risen by 874,000. Full press release
Pending home sales retreated after 2 monthly gains, signaling an uneven recovery entering 2011 with near-term disruptions from the foreclosure moratorium, says the National Association of Realtors®. New Orleans – November 05, 2010 – Pending home sales retreated after two monthly gains, signaling an uneven recovery entering 2011 with some near-term disruptions from the foreclosure […]
The 30-year fixed-rate mortgage rate rose slightly for the third consecutive week. The 15-year fixed-rate mortgage rate eased back down a little while the 5-year and 1-year ARMs set another low. Palm Coast, FL – November 4, 2010 – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which […]