Eighty lots are on the market. None are selling. One foreclosure and a pre-foreclosure hint of tough times ahead at this Ginn development. June 20, 2007 – Palm Coast, FL – Hailed as a hugely successful offer in 2005, 337 Conservatory at Hammock Beach lots were oversubscribed by eager investors at prices ranging from $329,900 […]
SR100 restaurant has been having financial difficulty according to local blogs June 20, 2007 – Palm Coast, Florida – It’s rumored that Rossi’s Restaurant, on SR100 in Bunnell has been sold to an undisclosed buyer. Local blogs have talked for months about Rossi’s declining financial situation and service levels. It appears now that things are […]
Both single family residential home sales and sales of Palm Coast lots show a steady market but no signs of strengthening yet. June 8, 2007 – Palm Coast, Florida Residential: May figures confirm the steady market for single family homes in Palm Coast and Flagler County, Florida. While the median price of $215,000 […]
Target is considering a second location in Palm Coast. May 30, 2007 – Palm Coast, FL – Target recently broke ground for their new SuperTarget located on SR100 where they will anchor Town Center’s retail power center. Opening of the new store is scheduled for March 2008. But fresh from the groundbreaking, they are reportedly looking […]
More commercial development along SR 100 May 29, 2007 – Palm Coast, FL – CVS, headquartered in Woonsocket, RI, has purchased 2.35 acres at the southwest corner of SR 100 and John Anderson to construct a new Pharmacy. The transaction closed in February 2007 for $2,080,000. Site development work by the Ferber Company began last week. This will […]
Jacksonville group will take over European Village, including Players Club tennis facility May 28, 2007 – (corrected August 17, 2007) Palm Coast, FL – Apparently the transaction has not closed, but I’ve heard that an investment group from Jacksonville will be purchasing the assets of the European Village. The majority of the main European Village […]
Ginn’s announcement highlights value of Champion Tournament to Palm Coast and Flagler County, Florida May 25, 2007 FOR IMMEDIATE RELEASE Lauren Skowyra, Ginn Resorts, 407-973-2084 GINN CHAMPIONSHIP DONATES $250,000 TO AREA CHARITIES; $95,000 TO THE FLORIDA HOSPITAL FOUNDATION, STUART F. MEYER HOSPICE HOUSE PALM COAST, Fla., May 29, 2007 – A special […]
Both Talbots and Kohl’s are going to enter the Palm Coast, Florida scene May 24, 2007 – Two new stores will be coming to Palm Coast in Flagler County, FL. No official announcements have been made, but Cobblestone Village will be adding Talbots to its list of stores, joining Lowe’s and Belks. The building is already under construction. Meanwhile, […]
Mark Leader, a well-known trainer of Realtors, said, “The only time price matters is for the first home you buy and the last home you sell – everything in between is just moving your equity around.” May 23, 2007 – Here is a great letter to the editor that appeared today in the Daytona […]
Association fees, deed restrictions, and club membership options can increase carrying costs and reduce selling flexibility. May 14, 2007 – During the real estate boom of 2001 through 2005, many sectors of the market increased well over 20% annually. In Grand Haven’s north section, lots purchased for $100-120K sold in just two years for nearly […]