Owners of 143 lots in the Conservatory had not paid 2008 property taxes as of April 4th. Taxes became delinquent April 1st. Palm Coast, Florida – April 7, 2009 – 2009 will be a painful year for original owners of lots in the Conservatory, a private golfing community in Palm Coast, Florida. Many lots will […]
There are lots of reasons why Florida’s real estate market looks good to buyers. Palm Coast, Florida – April 6, 2009 – The Palm Coast/Flagler real estate market is chronicled often in GoToby.com. Here, the Florida Association of Realtors® (FAR) provides fifteen reasons why the overall Florida market is looking positive: 1. Great prices. Statewide, the […]
FTC, State Enforcers Sue Scammers, Warn Others; Announce Education Campaign Designed to Reach Borrowers Directly Washington, DC – April 6, 2009 – The Federal Trade Commission today announced a crackdown on fraud and deception by mortgage modification and home foreclosure rescue companies. The FTC is seeking to halt the proliferation of these mortgage relief scams […]
The GINNdex measures current real estate market activity by looking at both inventory and pending contracts; The GINNdex does not lag the market as does the absorption rate. Palm Coast, Florida – April 4, 2009 – Real estate news website GoToby.com initiates the GINNdex as a new measure of real estate market activity. The GINNdex […]
Over 550 million pounds of potentially contaminated drywall was imported into the U.S. from China since January 2006. That’s enough to build 36,000 new homes. Palm Coast, Florida – April 3, 2009 – Contaminated Infant formula, pet food, and lead paint on children’s toys Imported from China have raised health and safety alerts in the […]
Flagler County’s only Food Lion grocery store, located on SR 100, will be closed no later than April 15th. Palm Coast, Florida – April 2, 2009 – Food Lion is closing its only Flagler County grocery store effective "no later than April 15th." The food retailer has elected to not renew its lease which expires […]
Palm Coast and Flagler County’s efforts to bring new businesses to the area hampered by new Fed regulation. Palm Coast, Florida – April 1, 2009 – Economic Development efforts throughout the country have ground to a halt. Economic Development negotiations usually operate under a cloak of non-disclosure. Companies contemplating a move do not want their […]
The average contract interest rate for 30-year fixed-rate mortgages decreased to 4.61 percent from 4.63 percent WASHINGTON, D.C. (April 1, 2009) — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending March 27, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 1194.4, an […]
West Coast Investors, headed by Glenn Straub, closed the deal today to purchase Ginn-LA assets at Tesoro in Port St. Lucie, Florida for $10.9 million. Palm Coast, Florida – March 31, 2009 – Tesoro Club manager J.R. Congdon informed Tesoro Club members today that the chapter 7 (liquidation) bankruptcy sale of Ginn-LA assets closed today. The […]
The combination of vacation and investment home sales slipped to 30 percent of all existing and new home transactions in 2008 Washington, March 30, 2009 – The combination of vacation and investment home sales slipped to 30 percent of all existing and new home transactions in 2008, according to the National Association of Realtors®. […]