There is life after Ginn for property owners at former Ginn development near Blowing Rock, NC. A soft opening, perhaps under a new name, is planned for fall. Palm Coat, FL – August 1, 2009 – Laurelmor, near Blowing Rock, NC was another Bobby Ginn-planned luxury community. It was also one of the properties pledged […]
Friends of Golf Steering Committee reports progress on the new Palm Coast municipal golf course. Palm Coast, FL – July 31, 2009 – The Friends of Golf Steering Committee reports on their Wednesday meeting with Kemper Sports. In a nutshell, progress is on schedule for the Palm Harbor Golf Course (Palm Coast’s new municipal golf […]
Two homes have been confirmed as having toxic drywall which originated in China. Toxic drywall can emit sulfur gas, causing health concerns and corroding metal surfaces. Palm Coast, FL – July 30, 2009 – Flagler County, Florida has registered its first two cases of toxic Chinese drywall. To date, the toxic drywall problem was limited mostly […]
Thirty-year fixed rate mortgages increase by 24 basis points in June Washington, DC – July 28, 2009 – The Federal Housing Finance Agency today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less increased 24 basis points to 5.12 percent in June. The average interest rate on 15-year, […]
The rumor of a new high school located between Grand Haven and Forest Park on Colbert Lane is apparently just that, a rumor. Palm Coast, FL – July 27, 2009 – Many rumors are based on some underlying fact. A recent rumor of a new high school planned for Colbert Lane falls into this category. […]
Financing will allow the company to continue normal operations during its restructuring. Palm Coast, FL – July 25, 2009 (BUSINESS WIRE) – Crescent Resources announced Wednesday that the U.S. Bankruptcy Court in the Western District of Texas has granted final approval of the company’s $110 million debtor-in-possession (DIP) credit financing. The court had previously granted […]
Hear the audio on-line. Palm Coast, FL – July 24, 2009 – Toby Tobin, publisher of real estate news website GoToby.com, made his third appearance on WNZF News Radio yesterday as a guest on Dave Ayers’ "Open Line at 9:00" show. Toby and Dave talked about current real estate market conditions in Palm Coast and […]
Realtor® is not synonymous real estate agent. Palm Coast, FL – July 23, 2009 – Several news outlets have and continue to incorrectly report that a women arrested in connection with the high-profile murder of a Florida Panhandle couple is a Realtor®. She is not. The following is a statement by the National Association of Realtors®: […]
Harking back to 2003-2006, buyers are often paying more than list price. Palm Coast, FL – July 21, 2009 – Reminiscent of real estate market euphoria only few years ago, Palm Coast/Flagler’s lender-owned niche within the real estate market has become really hot. Since the beginning of 2009, lender-owned (via foreclosure) home sales have outperformed all […]
Company director allegedly ran boiler-room telemarketing operation using the President’s voice to target victims TALLAHASSEE, FL – July 2, 2009 – Attorney General Bill McCollum today announced that his office has filed a lawsuit against four related South Florida companies that allegedly charge up-front fees for loan modification services to homeowners facing foreclosure. FHA All […]