Home owners and those aspiring to become home owners now represent the core of our economy without which a strong recovery is likely impossible. Palm Coast, FL – October 5, 2010 Source: Nation’s Building News Authors Fight Back Against Detractors of Homeownership Joining a sizable backlash against recent articles in Time magazine and elsewhere disparaging […]
Pending home sales have increased for the second consecutive month, according to the National Association of Realtors®. Palm Coast, FL – October 4, 2010 Washington, October 04, 2010 – Pending home sales have increased for the second consecutive month, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator, rose […]
B of A joins GMAC and JPMorgan Chase admitting that there are discrepancies in foreclosure paperwork. Palm Coast, FL – October 4, 2010 – Bank of America joins GMAC Mortgage and JPMorgan Chase casualties the avalanche of faulty foreclosure documents. B of A has reportedly halted foreclosures, REOs and evictions in 23 states. Each lenders’ […]
Snopes and National Association of Realtors® debunk claims made by misleading Email. Palm Coast, FL – October 3, 2010 – Just because you saw it on a computer does not make it true. An email loaded with false claims about the affect of the Cap and Trade Energy Bill on the housing industry is making […]
The Internal Revenue Service announced Thursday that it will allow homeowners to write off expenditures they have or will incur trying to fix their homes. Palm Coast, FL – October 3, 2010 – Sarasota Herald-Tribune Oct. 1, 2 p.m. The federal government has made a modest step toward offering some financial relief to homeowners dealing with […]
Plaintiffs may re-file no later than November 5. Judge Corrigan offers suggestions for improvements. Palm Coast, FL – October 2, 2010 – Judge Timothy Corrigan, U.S. District Court – Middle District of Florida – Jacksonville Division; issued an Order dismissing the Lawrie v. Ginn, et al. first amended complaint (FAC) without prejudice. Without prejudice means […]
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 – October 1, 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 […]
If you own land in Palm Coast, be prepared to pay for stormwater management under a new ordinance. If you don’t like it, you will have only 90 days to appeal. Palm Coast, FL – September 30, 2010 – At a Palm Coast City Council workshop Tuesday, council members discussed a proposed Stormwater Management Ordinance. […]
Rumors confirm faith in Palm Coast’s economic recovery. Palm Coast, FL – September 30, 2010 – Rumor Central: I was fed some morsels of real estate rumor from a usually reliable source. First, many will welcome news about Panera Bread. They have signed a contract to purchase land and build a new store in Palm […]
Like GMAC, JPMorgan is worried about the validity of documentation supporting their foreclosures. Palm Coast, FL – September 30, 2010 – Like GMAC, JPMorgan is worried about the validity of documentation supporting their foreclosures. Consequently, they announced yesterday that they have temporarily stopped foreclosing on 50,000 homes. Last week, a GMAC Mortgage employee acknowledged that […]