Entries by Toby Tobin

Palm Coast/Flagler Real Estate has Turned the Corner

Second month in a row of significant gains in the number of single-family homes sold. Palm Coast, FL – September 4, 2009 – Don’t look for any significant uptick in pricing, but the Palm Coast and Flagler County residential real estate market is improving. The number of homes selling is on the rise, absorption rates […]

Taylor Bean and FDIC Battle Over Escrow Funds Held in Colonial Accounts

Homeowners’ held hostage as fight over funds delays payment of property taxes and insurance premiums. Palm Coast, FL – September 3, 2009 – The collapses of Taylor Bean & Whitaker Mortgage Corp. and Colonial BancGroup continue to have repercussions on homeowners holding mortgages originated by bankrupt Taylor Bean and funded by Colonial. The FDIC is fighting […]

Epic Theatre Breaks Ground – Olive Garden Deal Near

Epic construction will last about one year. Olive Garden has signed a letter of intent for space in the Targe- anchored plaza on SR100. Palm Coast, FL – September 2, 2009 – Finally, a real step forward. Blanketed by the overpowering aroma of popcorn, local dignitaries and Epic Theatre officials broke ground today for a […]

Pending Home Sales on a Record Roll

The index is at the highest level since June 2007 when it was 100.7. Pending Home Sales on a Record Roll Washington, September 01, 2009 – Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to […]

Grand Haven’s Jack Nicklaus-designed Golf Course May be Sold

Crescent Resources golf facility may be sold to Grand Haven resident. Palm Coast, FL – August 30, 2009 – The Jack Nicklaus Signature Grand Haven Golf Course and clubhouse in Palm Coast, FL may be sold soon. At least three parties have been rumored to have purchase discussion with course owner Crescent Resources over the […]

Tax Notices Sent Out, Most Receive Good News

Homesteaded property owners who bought before the real estate boom will see higher taxes. Palm Coast, FL – August 28, 2009 – Palm Coast and Flagler County, Florida residents will receive their TRIM (Truth in Millage) notices in the mail this week. The notices inform residents of the taxable value of their home and the […]

Epic Theatres Groundbreaking September 2nd in Town Center

Palm Coast’s most anticipated happening is about to happen. Palm Coast, FL – August 27, 2009 – Join the Palm Coast Town Center’s up and coming Epic Theatres’ (that’s how they spell theater) groundbreaking ceremony on September 2 at 11:00 a.m., located at Central Avenue in downtown Palm Coast (Town Center).  There will be a brief […]

Toll Brothers Reports FY 2009 3rd Qtr Results

Net loss of $472.3 million. Excluding wriet-downs, the Company’s pre-tax earnings were $3.7 million. HORSHAM, Pa. – Aug. 27, 2009 (GLOBE NEWSWIRE) – Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, today reported final results for its third quarter ended July 31, 2009. In FY 2009’s third quarter, the Company reported […]

NOAA Downgrades 2009 Hurricane Forecast

Meteorologist: A scientist who can accurately predict 15 of the next 6 hurricanes. Palm Coast, FL – August 26, 2009 – Northeast Florida, which includes Palm Coast and Flagler County, does not have a history of intense hurricanes [Northeast Florida Not Among Most Vulnerable to Hurricane Strike]. Nonetheless, residents listen up when NOAA talks. NOAA (National […]