The Florida Association of Realtors (FAR) reports September sales down but prices off only slightly. Sept. 25, 2006 – The number of existing Florida homes sold in September was off by 34% from September 2005 but the median price of homes sold was only off 1%. Condos sales dropped 45% with the median price off […]
City residential permits down 90% from Sept. ’05 but commercial permits holding. October 22, 2006 – 28 residential permits were issued by the City of Palm Coast in September, down from 283 the same month a year ago. Meanwhile, commercial permits issued continue to hold at a steady pace. Commercial growth includes a 15,000 SF addition […]
We all know that sales of all properties are off from last year. One reason they’re off is the lack of buyers. From 2001 through the first half of 2005, the buyer pool was inflated by investors. Investors were buying land, homes, and condominiums, but since they make up a larger percentage of condominium buyers, […]
Plans include a water slide, lazy river, grotto, waterfall, fire pit, bar and grill, cabana lounge a October 2, 2006 – A Lake Mary architectural firm will design the expansion of the Ocean Hammock Beach Club in Palm Coast. Additions to the club will include a water slide, lazy river, grotto, waterfall, fire pit, bar […]
Government Services Building and new Justice Center will anchor 78 acre Complex. September 30, 2006 – The new Flagler County Government Services building is set to open soon. Carl Laundrie, county communications manager says the Government Services Building is on track for a December move-in. The Justice Center is expected to open in August 2007. […]
The original developer, Florida Waterway Properties, has turned over the Homeowners Association to t September 29, 2006 – See important update at end of article. It’s reported that Palm Coast Plantation developer, Florida Waterway Properties, has turned over the operation and control of the Homeowners Association to the property owners. This action was unexpected. It […]
Of the top ten areas listed as most vulnerable, only four are in FL DANGER ZONES Where is America most vulnerable to a hurricane strike? The International Hurricane Research Center (IHRC) — the official center for Florida’s 11 universities that works alongside the National Hurricane Center — created a list of the nation’s 10 most […]
Make sure your understand before you jump into this investment alternative. The following comes from Gail Buckner, CFP writing for the Fox News Channel. She gives a most concise view of the pitfalls of using your IRA for to invest in realestate. Friday, June 16, 2006 Dear Gail- The real estate market here in […]
Both sales and prices down but leveling off WASHINGTON (September 25, 2006) – Existing-home sales stabilized at a sustainable pace in August, while home prices showed an anticipated decline, according to the National Association of Realtors®. Total existing-home sales – including single-family, town-homes, condominiums and co-ops – slipped 0.5 percent to a seasonally adjusted annual […]
Builders slow down starts of new homes. Construction starts on new homes plunged last month as builders curtailed production in response to mounting inventory and slowing sales. The Commerce Department reported yesterday that housing starts dropped 6% in August from a month earlier to a seasonally adjusted annual rate of 1.665 million units. That was […]