What began as a regional trend in areas most severely hit by the housing boom/bust has become a national trend. Washington – June 24, 2009 – Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to a National Association of Realtors® yesterday. May’s […]
Palm Coast’s newest park will be located along the Intracoastal Waterway north of Grand Haven. Construction bids go out within the next few weeks. Completion will be Spring 2010. Palm Coast, Florida – June 23, 2009 – Construction bids will go out within the next few weeks for Palm Coast, Florida’s next park. The Palm […]
Nine Florida counties hit. Two-year investigation culminates in arrests and charges of racketeering and conspiracy. Arrested face up to 60 years in prison if convicted of both counts. Palm Coast, Florida – June 21, 2009 – The Florida Department of Law Enforcement (FDLE) Commissioner Gerald Bailey and Attorney General Bill McCollum’s Office of Statewide Prosecution […]
It was like a high-stakes poker game where everyone at the table was ALL IN and it seemed like everyone was winning. Who was playing? Who’s joining the game now? Palm Coast, Florida – June 20, 2009 – The housing market collapsed, helping to set up the collapse of the financial markets which followed. Many […]
Multi-billion dollar Bahamas project is the only place showing construction progress in the GINNdom. New lawsuit alleges appraisal fraud. Palm Coast, Florida – June 18, 2009 – In a recent NY Times business news article, Bobby Ginn said he faced thirty lawsuits. Add another to the list. A suit was filed June 9th in the […]
This partially developed private community outside Columbia, SC was purchased by the Ginn Company during the real estate boom. Reynolds Communities has been managing it since last year. Palm Coast, Florida – June 17, 2009 – Another "former" Ginn community is rumored to have been sold. Cobblestone Park is a luxury private community outside Columbia, […]
Plan review and inspection fees will drop by 90% until Jan 1 2012 to help reduce the $6 million surplus in the department. Palm Coast, Florida – June 16, 2009 – The Palm Coast City Council approved a resolution today that will reduce the city’s building department fees for plan review and inspection by 90% […]
WalMart, ABC Liquor, Days Inn, Beach Village Apartments, CVS Pharmacy, Old Kings Road and Epic Theaters Palm Coast, Florida – June 15, 2009 – There’s some commercial development activity in Palm Coast, FL lately. Here’s the latest on the status of some projects that have been publicized and some that have not. WalMart SuperCenter – […]
Contentious issue put off another 3 weeks to allow county staff to review material. Issue now scheduled for July 6th meeting. Palm Coast, Florida – June 11, 2009 – Flagler County Commissioners will have another 3 weeks before facing a contentious decision. Ginn-LA Marina (the Ginn Company) has petitioned to move 1,147 previously approved residential […]
Florida’s filing fee for foreclosing on a $250 thousand mortgage goes from $295 to $1,900 Palm Coast, Florida – June 10, 2009 – With the help of legislators, Florida is cashing in on the foreclosure boom at the expense of lenders and borrowers. Effective June 1, Florida’s foreclosure filing fee jumps from a fixed $295 […]