How long can sellers bury their heads in the sand before they have to come up for air? Palm Coast, FL – June 3, 2008 – It’s said that sellers are the last ones to know the market has dropped. By most measures, the Palm Coast, Flagler County housing market peaked in the summer of […]
Models may have never been lived in but they are not new either. Palm Coast, FL – June 2, 2008 – Most home builders erect model homes to showcase their plans, workmanship, and available upgrades in the best light. They usually recycle these homes within a few years to keep their model inventory fresh and […]
Now it’s up to the taxing authorities to deal with; reduced services, increased millage, or both. Palm Coast, FL – June 2, 2008 – Flagler County Appraiser, Jay Gardner, filed preliminary 2008 tax rolls today. Not surprisingly, Flagler County’s total taxable value went down as it did in Palm Coast and Flagler Beach. New construction […]
Prices are still moving sideways, but the number of transactions continues to increase and absorption rates improve. Palm Coast, FL – June 1, 2008 – I once said that we wouldn’t recognize the bottom of the market until months after it was reached since selling prices are not known until after closing, several weeks after the […]
Developer of Hammock Dunes tower condominiums trims down by selling assets. Palm Coast, FL – May 29, 2008 – WCI Communities, the developer of Hammock Dunes condominiums has trimmed its assets with the sale of its North Naples development, Tuscany Reserve, to a foreign investment firm, AB Naples LLC for $65 million. The private golfing […]
New law provides important safeguards to help protect homeowners facing foreclosure. Press Release from the Florida Attorney General’s Office Tallahassee, FL – May 29, 2008 – General Bill McCollum today applauded Governor Charlie Crist for signing The Foreclosure Rescue Fraud Prevention Act of 2008 into law. The legislation, which passed this session as HB 643 […]
Of the top ten areas listed as most vulnerable, only four are in FL Palm Coast, FL – May 28, 2008 – June 1 marks the opening of hurricane season. A few years back, Florida was hit by four separate storms. But many do not realize that Northeast Florida, which includes Palm Coast and Flagler County, is […]
Palm Coast City Council Disappoints Palm Coast, FL – May 27, 2008 – The Palm Coast City Council held a workshop today. The first item discussed was a draft resolution to deal with real estate "Open House" signage. I wrote about the details in last Friday’s commentary. Even though the workshop format does not allow […]
Company is not planning any new restaurants this year. Palm Coast will have to wait. Palm Coast, FL – May 25, 2008 – In a January "Rumor," I posted that Bonefish Restaurant was considering a Palm Coast location in the Palm Harbor Shopping Center. I just learned from a City of Palm Coast source that […]
24 hours of news, talk and information with strong emphasis on Flagler county events. Palm Coast, FL – May 24, 2008 – At its meeing on Wednesday, May 21, the Bunnell Planning and Zoning Committee unanimously approved a site plan for Flagler county’s first full service commercial radio station. The approval paves the way for […]