The three-judge panel upheld the Save Our Homes amendment as well the new portability provision, both of which favor long-time Florida resident homeowners. Palm Coast, FL – November 18, 2009 – The Save Our Homes amendment, passed in 1992, caps annual assessment increases to 3% for homesteaded properties. Last year, Florida voters added a portability […]
Cypress, Pines, and Matanzas said not to be part of bankruptcy, but guess who paid the back property taxes? Palm Coast, FL – November 18, 2009 – Ever since real estate developer Crescent Resources and 130 of its subsidiaries filed for bankruptcy in June, I’ve been trying to sort out who owns the four Palm […]
Developer email says ‘baffle them with BS.’ Palm Coast, FL – November 17, 2009 – Would you want to build your new home on a potential landslide site? One person who purchased a building lot in the upscale golf and ski resort of Spanish Peaks, near Big Sky, Montana thinks his developer should have told […]
Montana’s lavish club fell prey to a bad loan, a tanking economy and owners who couldn’t play nice. A year after going bust, the club is trying to exorcise its past and make amends with the community. Palm Coast, FL – November 16, 2009 By: Cameron Morfit, Senior Writer, GOLF Magazine Act two for […]
Ground will be broken for new armory near Flagler Airport by 2013. Palm Coast, FL – November 16, 2009 – There’s more news on the Flagler County economic development front. A lease agreement has been reached, pending Flagler County Council’s approval tonight, with the Florida Department of Military Affairs on behalf of the Florida Army […]
National Association of Realtors Chief Economist Lawrence Yun predicts 5.7 million units in 2010. Palm Coast, FL – November 13, 2009 Source: Robert Freedman, REALTOR® magazine Home sales will increase 15 percent to about 5.7 million units and REALTOR® income will be up 20 percent in 2010, NAR Chief Economist Lawrence Yun told a packed […]
Financier Lubert Adler had replaced Bobby Ginn with Crave Real Estate as developer of an exclusive ski and golf resort in Minturn, CO. Palm Coast, FL – November 13, 2009 – Lubert Adler has selected Crave Real Estate to replace Bobby Ginn as the real estate developer at two ski resort projects; Battle Mountain in […]
Amelia Island Co. owns all of the resort and recreational facilities and amenities on Amelia Island Plantation, including the Amelia Island Club. Palm Coast, FL – November 13, 2009 By Michael Parnell, News-Leader Amelia Island Co. has filed for reorganization under Chapter 11 bankruptcy proceedings. There will be “business as usual” at the Amelia Island […]
Results show gains in both unit sales and dollar volume from last year. Palm Coast, FL – November 12, 2009 – Toll Brothers preliminary fourth quarter and year end fiscal ’09 results show improved unit sales and dollar volume from last year. Press Release: HORSHAM, Pa., Nov. 10, 2009 — Toll Brothers, Inc. […]
Defendants include the developer, several appraisers, and Fifth Third Bank, highlighting a focus on the contribution to alleged fraud by appraisers and lenders. Palm Coast, FL – November 11, 2009 – A lawsuit was filed yesterday by twenty-six foreign nationals, all British citizens, who purchased property in the Blue Spring Lake development in Lake County […]