Several properties scheduled to be sold were either redeemed or rescheduled, leaving only two Ginn developed properties on yesterday’s sale schedule. Palm Coast, FL – December 9, 2009 – For the second time in two months, property in Ginn-developed communities were sold at a Flagler County tax deed sale. A lot in The Conservatory and […]
Local unemployment rate dropped from 16.2% to 16.1%. State’s rate is 11.1% Palm Coast, FL – December 5, 2009 – The U.S. Bureau of Labor Statistics reported October unemployment numbers. The Palm Coast metropolitan area’s unemployment rate was the state’s highest. It dropped slightly from 16.2% in September to 16.1%. The State of Florida rate […]
Short sales are less expensive and some banks are getting better at handling them. Palm Coast, FL – December 4, 2009 By John Gittelsohn and Margaret Collins Dec 4 (Bloomberg) – Banks are beginning to go along with short sales in increasing numbers, three years into a U.S. housing slump that pushed the economy into […]
Resolutions are passed to urge banks to temporarily forbear mortgage payments by homeowners. Urge is not the same as require. Palm Cost, FL – December 3, 2009 – The House of Representatives passed a resolution Wednesday in a near unanimous vote to encourage mortgage lenders and mortgage servicers to provide temporary forbearance of mortgage payments […]
If they don’t strike a deal to buy their golf club soon, members at Bonita Bay may resign in mass, putting more financial strain on its developer. Palm Coast, FL – December 2, 2009 – Struggling golf courses, especially those tied to real estate development, continue to struggle. Bonita Bay in Naples is just an […]
Bankrupt Levitt also planned to build a retirement community south of the Flagler County Airport. Palm Coast, FL – December 2, 2009 – A retirement community in Murrells Inlet near Myrtle Beach was left partially completed when real estate developer Levitt & Sons went bankrupt in November ’07. Dock Street Communities, a Myrtle Beach developer, […]
118 homes sold via MLS in Flagler Co. in November, up 42.2% from November ’08. Total sales volume was also up. Palm Coast, FL – December 2, 2009 – The Palm Coast and Flagler County real estate market is definitely showing signs of strengthening. 118 homes sold via MLS in November, up 42.2% from the […]
Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the National Association of Realtors®. Palm Coast, FL – December 1, 2009 – Real estate news. Washington – Pending home sales have risen for nine months in a row, […]
In its fourth year, the charitable fund raising event has grown from sixteen to twenty-eight themed light displays, many of them animated. Palm Coast, FL – November 30, 2009 – The Rotary Club of Flagler County and sponsors, The City of Palm Coast and Palm Coast Holdings, invite everyone to attend the fourth annual Holiday […]
Hundreds of courses have closed, and once-exclusive country clubs have slashed fees or let in the public. Often linked to housing tracts, the greens and fairways have slumped along with real estate. Palm Coast, FL – November 25, 2009 – An excellent article found in the Los Angeles Times hits the nail on the head. […]