You all know the NOAA Hurricane Probability Cone graphic. It portrays the expected track of a tropical storm or hurricane. Do you know how it is developed? Meet the aptly named Spaghetti Model. PALM COAST, Fla. – October 1, 2015 – Northeast Florida watches again as a major hurricane goes somewhere else rather than here. […]
Flagler County and the city of Bunnell jointly entered into the operation and purchase of the facility from a private developer in 2013. The system is now the sole responsibility of the county. PALM COAST, FL – September 30, 2015 – Flagler County has fully acquired the utility system that serves Plantation Bay residents. Flagler County […]
The purchaser is an entity formed by the current golf course operator. The sale assures continuity of the golf operation making the surrounding residential development more attractive for development. PALM COAST, FL – September 30, 2015 – Another of Flagler County’s golf courses is on more solid ground as Capstone Golf, the long-time operator of […]
In a city-by-city comparison, Orlando leads the nation in both a month-to-month and year-to-year comparison, and only one non-Florida city makes the top five list for either time frame. MCLEAN, Va. – September 28, 2015 – Freddie Mac's latest Multi-Indicator Market Index (MiMi) finds that the Florida real estate market's rebound leads the nation. In a […]
Pending home sales retreated in August but remained at a healthy level of activity and have now risen year–over–year for 12 consecutive months, according to the National Association of Realtors®. WASHINGTON — September 28, 2015 — Pending home sales retreated in August but remained at a healthy level of activity and have now risen year–over–year for […]
Get ready for confusion and delays at closing as the real estate industry (brokers, loan originators, title companies, lenders) get used to new regulations. ORLANDO, Fla. – Sept. 28, 2015 – The rules change for home buyers who need a mortgage if they apply this Saturday, Oct. 3, or later. To prepare for that change, Florida […]
This 4,015 sf home sits on a 1.28-acre lot on a private island, close enough (only 300 yards) to the Atlantic Ocean to hear the surf and smell the salt air. PALM COAST, Fla. – September 25, 2015 – GoToby returns to the exclusive Island Estates section of Hammock Dunes for this week’s House of […]
Number of households spending more than 50 percent of their income on rent is expected to rise at least 11 percent – from 11.8 million to 13.1 million – by 2025, according to Harvard University Study. CAMBRIDGE, Mass. – Sept. 22, 2015 – The number of households spending more than 50 percent of their income […]
Despite last month’s expected seasonal decline, sales have risen year–over–year for 11 consecutive months and are 6.2 percent above a year ago (5.00 million). WASHINGTON – September 21, 2015 – Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according […]
Nationwide housing starts dropped 3 percent to a seasonally adjusted annual rate of 1.126 million units in August. Overall permit issuance rose 3.5 percent to a rate of 1.170 million. PALM COAST, Fla. – September 20, 2015 – Nationwide housing starts dropped 3 percent to a seasonally adjusted annual rate of 1.126 million units in August, […]