Good news for Hammock Dunes property owners. January 17, 2008 – Palm Coast, FL – Less than one year ago, WCI Communities, developer of the tower condominiums at Hammock Dunes in Palm Coast, Florida, turned down Carl Icahn’s bid of $22 per share for all outstanding shares of the company. Since, WCI shares dropped as […]
Jim Cullis says “that’s nonsense, Toby. January 16, 2008 – Palm Coast, FL – A least one segment of the real estate market is booming – the rumor mill. I’ve heard a persistent rumor for months that LandMar was trying to sell the Grand Haven Golf Club. They also own the Grand Club, which includes the Pines […]
Flagler County Property Appraiser says measure offers tax relief but not tax reform. January 15, 2008 – Palm Coast, FL – Flagler County Property Appraiser, Jay Gardner, spoke to an overflow crowd at the community center last night. The main topic was the upcoming vote on a constitutional amendment to change property tax exemptions. But […]
Developer of Hammock Dunes tower condos has until January 16 to restructure its credit facility January 11, 2008 – Palm Coast, FL – WCI Communities, the developer of the luxury tower condominiums at Hammock Dunes, near Palm Coast, Florida, faces a credit crisis. Early last year, the company turned down a $22 per share offer from […]
How would you like to trade a Carrabba’s Italian Grill for a Bonefish Grill? January 11, 2008 – Palm Coast – Palm Coast was rumored to be getting a Carrabba’s Italian Grill. It was going to be located in the Fairfield Inn under construction on Old Kings Road just south of Palm Coast Pkwy. Well […]
Tidelands, Conservatory and financial problems for condo developers top stories January 10, 2007 – Palm Coast, FL – A recent newsletter covering the single family home market in Palm Coast and Flagler County, FL had so much ground to cover that I did not include Palm Coast lots (as well as other Flagler building lots) […]
No electricity, a tent for a clubhouse, and Porta-Johns, but layout and staff both good. January 9, 2008 – Palm Coast, FL – The Grand Reserve Golf Course, formerly known as Oak Branch, opened in Bunnell last Saturday. Owned and operated by Capstone Golf, Grand Reserve is Flagler County’s first new public course in a long […]
Law is very specific. It’s not a “rainy day” fund. January 4, 2008 – Palm Coast, FL – The Palm Coat Building Department is unique. It pays for itself by collecting permitting fees and fines for code violations. This should be good news to local taxpayers but the law is very specific about how these […]
The final numbers are in for a bad year in residential real estate. Will 2008 show improvement? January 1, 2008 – Palm Coast, FL – GoToby.com closes its first calendar year and the housing market in Palm Coast and Flagler County, as well as nationally, closes its worst year since the 80’s. But the slide […]
Says new methods have led to over-reporting of tropical storm activity. Higher property insurance premiums likely result. January 2, 2008 – Palm Coast, FL – Neil Frank was director of the National Hurricane Center between 1974 and 1987. Frank, currently chief meteorologist for KHOU-TV in Houston, takes issue with the way the center classifies […]