DCA’s ruling that Palm Coast’s Comprehensive Plan Amendment adopting a Northwest Corridor Overlay Area makes no sense. Palm Coast, FL – September 2, 2010 – Last week the Florida Department of Community Affairs (DCA) notified the City of Palm Coast of its intent to find the City’s Comprehensive Plan Amendment "NOT IN COMPLIANCE" with state […]
Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have risen modestly, according to the National Association of Realtors®. Palm Coast, FL – September 2, 2010 Washington, September 02, 2010 – The Pending Home Sales Index,* a forward-looking indicator, rose 5.2 percent to 79.4 based […]
Judge Kirschner continues to set the standard for cases against Credit Suisse and developers who took profit distributions from CS loans, causing their company’s subsequent bankruptcy. Palm Coast, FL – September 1, 2010 – Montana Judge Marc S. Kirchner’s recent decision in the Yellowstone Club bankruptcy case found that Credit Suisse and club founder Tim […]
NACA, which works with homeowners to get lower monthly mortgage payments through loan modifications, began 24-hour-a-day counseling sessions Friday morning at the Palm Beach County Convention Center. Palm Coast, FL – August 31, 2010 By Kimberly Miller – Palm Beach Post Staff Writer Updated: 8:09 p.m. Monday, Aug. 30, 2010 WEST PALM BEACH — About 8,200 households had sought […]
Private single-family homes in Ocean Hammock can be rented on a nightly basis because there is no prohibition in the Master Documents. Palm Coast, FL – August 30, 2010 – Private single-family homes in Ocean Hammock can be rented on a nightly basis because there is no prohibition in the Master Documents. Some think it […]
Ginn Reunion Borrowers and Georgia-based Fourth Quarter Properties owe nearly $11 million to Reunion CDD. Property owners have to pony up more to maintain existing service levels. Palm Coast, FL – August 29, 2010 – Those who own property in the Ginn-developed Reunion Resort near Orlando are facing a problem common to many deed restricted […]
89 of Beach Villages 106 apartments are income restricted, designed for ”workforce housing” at favorable rental rates. Palm Coast, FL – August 28, 2010 – Beach Village Apartments received its Certificate of Occupancy August 27th. This means that renters who have already been signed and qualified can begin to move in. 89 of Beach Villages […]
Only a few of the properties scheduled for sale are homesteaded. The list includes Manny’s Pizza and an Island Estates home. Palm Cost, FL – August 26, 2010 – Several Flagler County, Florida homes, condominiums, and lots are scheduled to be sold at foreclosure sales in September. As in recent months, few properties (only 3) are homesteaded, […]
Excluding write-downs, FY 2010’s third-quarter pre-tax income was $13.3 million, compared to FY 2009’s third-quarter pre-tax income, excluding write-downs, of $3.7 million. Palm Coast FL, August 26, 2010 HORSHAM, Pa., Aug. 25, 2010 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, today announced results for earnings, revenues, […]
Freddie Mac’s Primary Mortgage Market Survey®: For yet another week, fixed-rate mortgages reached record lows, while the 5-year adjustable rate remained tied at its low for this survey. Palm Coast, FL – August 26, 2010 – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), and for yet another […]