The unemployment rate in Flagler County rose to 16.4% in August, 2010 from 15.7% in July. Flagler’s unemployment rate was 15.3% last August. Florida’s rate rose to 11.7% from 11.5% in July. Palm Coast, FL – September 17, 2010 – Florida’s Agency for Workforce Innovation released state and local unemployment figures today. Flagler County’s non-seasonally adjusted […]
The 4,157-acre parcel is located next to Florida Gulf Coast University in Lee County. It is approved for two development orders; a 336 unit residential community and a 27-hole golf course. Palm Coast, FL – September 16, 2010 – Palm Coast real estate developer Ginn-LA (Bobby Ginn and financial partner Lubert-Adler) lost a valuable property […]
A record high 2.8 million properties were hit with foreclosure notices in 2009, putting even more Americans at risk of facing foreclosure rescue scams. Palm Coast, FL – September 16, 2010 Article From Houselogic.com By: Donna Fuscaldo: Published: January 15, 2010 With foreclosure rescue scams widespread as more homeowners fall behind on mortgage payments, […]
Buyer beware – three Bobby Ginn-developed Conservatory lots each sell for $12K to $16K while a Marina Cove boat slip sells for $39K. Did the boat slip bidders think it was a residential condo? Palm Coast, FL – September 14, 2010 – Flagler County held its monthly Tax Deed Sale yesterday. There were more attendees […]
The new park is located along the Intracoastal Waterway just north of Grand Haven. It ties into the City’s extensive trail system. Palm Coast, FL – September 13, 2010 – Fishing, biking/hiking, picnicking. Adding waterfront activities to leisure time is about to become a recognized component for Palm Coast residents. The City of Palm Coast […]
Useful research data from the National Association of Realtors® Palm Coast, FL – September, 13, 2010 – The National Association of Realtors® provides valuable information to help real estate practitioners and clients understand the real estate market. Housing & Economic Indicators Housing and economic indicators provide real estate professionals with tools to […]
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 […]