Resort Management Associates, the group that handled sales of 13 Ginn communities, has a new name, same tactics. Palm Coast, Florida – December 15, 2008 – ESI Living reported a successful November launch of home sites at Cliffs at High Carolina, a private golf course community near Asheville anchored by the first golf course designed […]
National Association of Realtors® leading indicator shows South performing better than other housing markets. Palm Coast, Florida – December 12, 2008 – A report from the National Association of Realtors® (NAR) issued Tuesday indicates some stability in the real estate market. Pending home sales eased against a deteriorating economic backdrop but remain in a stable […]
Long in the planning and permitting stages, progress on Palm Coast Holding’s next mega project becomes more visible. Palm Coast, Florida – December 11, 2008 – Several GoToby.com readers have asked about the construction activity along US 1 at Matanzas Parkway. Like the walkway with wooden overpasses which now snakes along US 1, the site […]
Carl Icahn is probably worth as much as the collective net worth of my monthly readership. But none of us made as big a blunder as he did last year. Palm Coast, Florida – December 11, 2008 – How do your real estate investment decisions stack up against those of the 18th richest American? Wouldn’t […]
Lots of rumors and lots of chatter (noise) but what are the real possibilities? Palm Coast, Florida – December 10, 2008 – Bobby Ginn faces problems on multiple fronts. Once again, if Ginn rumors has calories, I’d be 200 pounds heavier. There are facts too, but these are greatly outnumbered by the rumors. If you […]
Leading builder of luxury homes announces $78.8 million loss for fourth quarter and $297.l8 million for the year. HORSHAM, Pa., Dec. 4, 2008 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, today reported a FY 2008 fourth quarter net loss of $78.8 million, or $0.49 per share diluted, […]
All the forms, all the agencies, all the license requirements, lull us into a sense that someone is really watching out for us when we buy or sell real estate. But is anyone really watching out for us Palm Coast, Florida – December 4, 2008 – Buying a home is probably the biggest single purchase […]
At Governor Crist’s urging, lenders have voluntarily suspended Florida foreclosures for homesteaded properties for 45 days. Palm Coast, Florida – December 4, 2008 – With encouragement from Florida Governor Charlie Crist, the banking and lending industry has announced a 45-day voluntary suspension of mortgage foreclosures for homesteaded properties. The measure does not affect businesses or […]
Port St. Lucie club developed by Bobby Ginn succumbs to member pressure. Palm Coast, Florida – December 3, 2008 – Members of the Tesoro Club, a Ginn developed amenity rich golfing community in Port St. Lucie, FL, recently received a notice that club dues had been reduced "to help ease the economic crunch that many […]
Citizen comments at last night’s council meeting caused council members to reconsider a franchise fee (tax) over the city manager’s objections. Palm Coast, Florida – December 3, 2008 – Citizens turned out last night to object to a proposed 10% franchise fee that is about to be applied to commercial refuse haulers. What the council […]