Steady as she goes. Project Continental news coming soon. Palm Coast, Florida – September 7, 2008 – Palm Coast, Florida’s August real estate market continued a trend that has held fairly steady since the first of the year. Home prices and sales volume are holding steady. Fannie Mae and Freddie Mac were bailed out by […]
They might just be preparing to restate assets but, in today’s tumultuous market, anything can happen. Palm Coast, Florida – September 7, 2008 – From the rumor mill: Something’s going on at LandMar, one of Palm Coast, Florida’s largest residential real estate developers. An Orlando-based appraisal company was recently evaluating some of LandMar’s local holdings; Grand Haven, […]
In office for 16 years each, Darby blames the business community and Enterprise Flagler for the lack of effective economic development. Palm Coast, Florida – September 5, 2008 – Flagler County has Florida’s highest unemployment rate. It surely has one of the lowest rates of industrial development. Monday, the County Council voted against placing a […]
Companies named in Bloomberg report have local connections. Palm Coast, Florida – September 4, 2008 – A Bloomberg report by Bob Irvy today posits that a recent purchase of distressed condos in Miami signals the near bottom of the condo market. (full report) More interesting to Palm Coast, Florida residents and others who watch real estate […]
Hear Toby at 9:00 am on Wednesday (9/3) on Flagler County’s new radio station. Tune into 1550 on your AM dial Palm Coast, Florida – September 2, 2008 – Flagler County’s first full service radio station WNZF is on the air (1550 AM). The news-talk format includes Flagler Forum, a morning show focusing on Flagler […]
Rumors of a pullback are simply rumors. Palm Coast, Florida – September 2, 2008 – The building permit for the Epic Theater in Palm Coast’s Town Center has been ready for a few weeks. This means that all the permitting hurdles have been negotiated. Once Epic pays the application and impact fees, the permit will […]
A comparison of two similar properties; one homesteaded, the other not. Palm Coast, Florida – August 31, 2008 – The proposed 2008 property assessments have been announced. The total taxable assessed value for Flagler County dropped 2.82% from $12,296,636,850 to $11,949,958,575. Yesterday, we received our notice of proposed property tax. If you don’t have yours, it will […]
Credit Suisse did not lend Bobby $675 million. They brought a consortium of about 50 private investors to the table. Palm Coast, Florida – August 29, 2008 – Bobby Ginn’s multi-billion dollar project in West End, near Freeport in the Bahamas is one of four Ginn properties potentially affected by the recent default by Ginn […]
Both web traffic and time on site were way up. 7 of 20 metros showing the greatest year-over-year increase were in Florida. Palm Coast, Florida – August 28, 2008 – Reporting the real estate industry today is like reporting the weather in Rochester, NY; "Mostly cloudy with intervals of partial clearing." No wonder the weather […]
Postponed by tropical storm, Fay, the sale was held last night. Palm Coast, Florida – August 27, 2008 – An absolute auction of a building lot in Tesoro, Bobby Ginn’s private golfing community in Port St. Lucie, was scheduled for August 19th. Tropical storm, Fay, caused a delay. The rescheduled auction was held on-site last […]