Visitors and a helicopter were evident at Grand Haven recently Palm Coast, FL – July 25, 2010 – A potential buyer for the Grand Haven Golf Club in Palm Coast, FL reportedly made a second visit to the Palm Coast facility last week. Course maintenance experts were reportedly included in the visiting group. A helicopter was also present […]
This 11 minute video does a great job of explaining what happened to the credit/mortgage market. Palm Coast, FL – July 26, 2010 – GoToby.com reader Michael Chiumento sent this video clip to share with my readers. It does an excellent job of explaining the credit crisis in terms most of us can understand. While […]
The email incorrectly states that ‘all real estate transactions will be subject to a 3.8% sales tax.’ WASHINGTON – July 26, 2010 – A viral email that keeps circulating seems to die out but then returns with a vengeance. Florida Realtors and the National Association of Realtors have received numerous calls from concerned members. The […]
The foreclosed land is located adjacent to Florida Gulf Coast University and near the Southwest Florida Regional Airport. Palm Coast, FL – July 25, 2010 – A Lee County judge has issued a final foreclosure judgment on 4,157 acres of land owned by Bobby Ginn and Lubert-Adler affiliate Ginn-LA Ltd. LLLP. The mortgage is held […]
June sales numbers were buoyed by the homebuyer tax credit. Although the tax credit closing deadline was extended by three months, the air is out of the tax credit balloon. Palm Coast, FL – July 23, 2010 – Sales of single-family residential homes through MLS in Flagler County for June 2010 mirrored those of June […]
Programs to stem the tide of foreclosures have been marginally successful. Perhaps this new approach will improve the problem. Palm Coast, FL – July 22, 2010 – Beginning July 19, all new foreclosures of homesteaded residences in Flagler, Putnam, St. John’s, and Volusia counties in Florida will be referred to mediation. These counties comprise Florida’s Seventh […]
With the scheduled closing deadline for the home buyer tax credits, existing-home sales slowed in June but remained at relatively elevated levels, according to the National Association of Realtors®. Palm Coast, FL – July 22, 2010 Washington – With the scheduled closing deadline for the home buyer tax credits, existing-home sales slowed in June […]
Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive months that sales activity has increased in the year-to-year comparison, according to the latest housing data release Palm Coast, FL – July 22, 2010 ORLANDO, Fla. – Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive […]
Some mortgage servicers may still be waiting for policymakers to offer more carrots to do modifications. Palm Coast, FL – July 21, 2010 By Selma Lewis, NAR Research Economist Underwater homeowners have been in the news lately as the foreclosure crisis looms large. In response to the increasing crisis and the lack of a coordinated […]
Would you vote to put your neighbor out of work? Would you vote to raise the jobless rate to 15 percent, or higher? Would you vote to make it tougher for small businesses to operate, grow and add jobs Palm Coast, FL – July 20, 2010 Source: SunSentinel [Emphasis added] (July 18, 2010) Would you […]