Entries by Toby Tobin

U.S. Census Bureau Releases Detailed Information on Nation’s Housing

Monthly housing costs reach $1,000 for homeowners, $808 for renters. Renters pay higher percentage of household income. Palm Coast, FL – August 19, 2010 – The United States Census Bureau and Department of Housing and Urban Development (HUD) released today the results of their 2009 American Housing Survey. Washington – The nation’s homeowners paid a […]

List of Lubert-Adler Investors Revealed in Dillworth v. Ginn Lawsuit

Tesoro/Quail West bankruptcy trustee seeks to recover funds of alleged fraudulent distribution of half of $675M Credit Suisse loan. Claims money went to Bobby Ginn, Lubert-Adler and LA investors. Palm Coast, FL – August 19, 2010 – A bankruptcy trustee’s dogged efforts to recover funds he alleges were fraudulently transferred to Bobby Ginn, Lubert-Adler, and […]

Palm Coast Plantation Homeowners Association Files Lawsuit against City of Palm Coast

Association alleges City’s requirement that PCP property owners sign annexation agreements in order to receive water and waste water services violates a court approved Settlement Agreement Palm Coast, FL – August 14, 2010 – Attorneys representing Palm Coast Plantation Homeowner’s Association, Inc. filed a Petition/Complaint against the City of Palm Coast yeaterday in Flagler County […]

30-Year, 15-Year Fixed-Rate Mortgages Drop Again

5-Year Adjustable Also Sets New Low McLean, VA – August 13, 2010 – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), and again, the fixed-rate mortgages reaching, along with the 5-year adjustable rate, set record lows for this survey. (The 30-year fixed-rate survey began in 1971, the 15-year […]

Infrastructure Debt Crushes SW Fla. Developments

The debt piled up by developers to finance roads, sewers and golf courses in Southwest Florida is coming back to haunt new communities. Palm Coast, FL – August 12, 2010 By DICK HOGAN: News-Press.com The debt piled up by developers to finance roads, sewers and golf courses in Southwest Florida is coming back to haunt […]

Florida’s existing home, condo sales up in 2Q 2010

Sales of existing single-family homes in Florida rose 21 percent in second quarter 2010 compared to the same period a year earlier, according to the latest housing statistics from Florida Realtors®. ORLANDO, Fla. – August 11, 2010 – Sales of existing single-family homes in Florida rose 21 percent in second quarter 2010 compared to the […]

August Foreclosure Sales Scheduled for Flagler Co., FL Properties

As in previous months, few properties scheduled for sale are homesteaded, implying that most foreclosures are second homes or investment properties. Palm Cost, FL – August 7, 2010 – Several Flagler County properties are scheduled to be sold at foreclosure sales in August. As in recent months, few properties are homesteaded, implying that most foreclosures are […]