Tuesday’s sale also includes three European Village Commercial Condos and a large tract of fully entitled land in Town Center. Palm Coast, FL – September 12, 2010 – Flagler County holds its monthly Tax Deed sale this Tuesday, September 14. Several high-profile properties will be included, including lots in the Ginn-developed Conservatory golf course community. […]
The distribution to Duke was part of Duke’s sale of 49% of Crescent to Morgan Stanley in 2006. Creditors’ Trust claims the transaction doomed Crescent and ultimately caused its 2009 bankruptcy. Palm Coast, FL – September 11, 2010 –Creditors of Charlotte-based real estate developer Crescent Resources LLC filed a lawsuit September 3rd against its former […]
The new Walmart will probably be smaller. Construction is likely to begin after the first of the year. Palm Coast, FL – September 10, 2010 – Walmart closed on their Old Kings Rd property in late June. At that time, I reported they may reconsider their original Supercenter site plan. I’ve since learned that they […]
Negative equity remains concentrated in five states: Nevada (68%), followed by Arizona, Florida (46%), Michigan, and California. Palm Coast, FL – September 9, 2010 By Selma Lewis, Research Economist: September 8, 2010 According to recently released CoreLogic data, 11 million, or 23 percent, of all residential properties with mortgages were in negative equity at the […]
Expiration of Tax Credits dulls residential market. In spite of lending limits, condo market sales are up reflecting the increased number of distressed properties in that sector. Palm Coast, FL – September 7, 2010 – As GoToby.com predicted, the increase in the number of distressed condominiums has buoyed sales in that sector of the Palm […]
If you’re facing foreclosure, don’t panic: Take steps right now to save your home or at least lessen the blow of its loss. Palm Coast, FL – August 8, 2010 Article From Houselogic.com By: Jerry DeMuth: Published: February 05, 2010 If you’re facing foreclosure, don’t panic: Take steps right now to save your home […]
Florida ranked third in the number of first-time buyers who qualified for one of the three IRS tax credits, with 64,879 buyers making the claim. WASHINGTON – Sept. 7, 2010 – A report by the Government Accountability Office finds that Florida ranked third in the number of first-time buyers who qualified for one of the […]
Time magazine’s 9/6 cover story, ‘The Case Against Homeownership,’ drew sharp criticism from home builders responding to its inaccuracies but has also raised the hackles of the publication’s readers Palm Coast, FL – September 7, 2010 – Time magazine’s Sept. 6 cover story, “The Case Against Homeownership,” has drawn sharp criticism from home builders responding […]
After declining for the first time since the end of World War II, Florida’s population grew once again last year, according to the latest preliminary population estimates from the University of Florid Palm Coast, FL – September 3, 2010 GAINESVILLE, Fla. – After declining for the first time since the end of World War II, […]
Mortgage rates moved lower this week, with the average conforming 30-year fixed mortgage rate hitting another record low of 4.53 percent, according to Bankrate.com’s weekly national survey. Palm Coast, FL – September 2, 2010 NEW YORK, Sept. 2 /PRNewswire/ — Mortgage rates moved lower this week, with the average conforming 30-year fixed mortgage rate hitting […]