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Flagler, Florida and Beyond
FlaglerLive | June 17, 2013
The median price of existing-home sales in the core Orlando market has increased from $108,000 at the beginning of last year to $145,000 as of April. A review of 30 flips by a single seller shows a median buy price of $41,178 and resale price of $74,000 — after accounting for repairs and renovations.
FlaglerLive | June 16, 2013
Bank of America employees regularly lied to homeowners seeking loan modifications, denied their applications for made-up reasons, and were rewarded for sending homeowners to foreclosure, according to sworn statements by former bank employees.
FlaglerLive | May 21, 2013
The Palm Coast City Council Tuesday approved 4-1 the 45-acre, 117-unit Brookhaven apartments development in Town Center, which will provide housing to lower income residents and walkability to nearby areas.
FlaglerLive | May 16, 2013
Palm Coast borrowed millions from its own utility fund to complete the Old Kings Road widening on the assumption that the economy would pick up and enable the city to re-finance with bonds. That never happened. Now the city is looking to recoup its money from property owners along the road, who’d agreed to a special taxing district but with optimistic assumptions of their own that never panned out.
FlaglerLive | May 10, 2013
On Friday, the Sherif’s Office office opened its newest Palm Coast precinct, at City Market Place, a two-storefront 2,600-square foot space at $2,.000 a month that’ll add new life to the struggling shopping center in the heart of town, and a few doors down from the Palm Coast city offices.
FlaglerLive | April 25, 2013
Memorial Hospital Flagler’s dead years may be over if its current owners, who are politically well connected locally, can agree on a sales deal to Flagler County. The property is listed for sale at $1.75 million. It was acquired in 2006 for $750,000.
FlaglerLive | March 27, 2013
Nelson said during a stop in Tallahassee that he has written the inspector general of the federal Troubled Assets Relief Fund, or TARP, to look into what he called “mismanagement and inaction by Florida officials” in administering a program called “Hardest Hit,” which was supposed to take federal money and help struggling homeowners.
FlaglerLive | March 25, 2013
Two legal settlements at Tidelands on the Intracoastal and a turn-around in sales suggest that one of the hardest-hit condo and home communities in Palm Coast is experiencing renewed vigor, and may be emblematic of a larger real estate turnaround in Palm Coast and Flagler County.
FlaglerLive | December 7, 2012
Have we returned to a normal market? No yet, writes Toby Tobin, but in a bullish analysis of Palm Coast’s and Flagler County’s current housing markets, he expects momentum to build into 2013, with all segments of the market are rising.
FlaglerLive | October 30, 2012
Palm Coast City Council member Jason DeLorenzo on Tuesday questioned the veracity of City Manager Jim Landon’s numbers and his “backroom” style while making the case for a two-year moratorium for impact fees on new construction in the city in a rare, direct and sustained public challenge to the assuming city manager.
FlaglerLive | October 11, 2012
The 90 percent discount on all permits–from replacing AC units to replacing roofs or water heaters to installing pools and fences–began in 2009, because the city was collecting too much money. The discount ends Oct. 31, resulting in much steeper fees for more than 5,000 such permits a year.
FlaglerLive | October 1, 2012
The county’s moratorium is relatively small, but Flagler’s chamber of commerce and its home builders association hope to get the school board to approve a moratorium next, then move to Palm Coast, where impact fees add up to $15,270.
FlaglerLive | September 30, 2012
Builders and developers want the Flagler school board and Flagler County to cut impact fees–the one-time tax on construction–saying it’ll help the economy grow. But plenty of evidence says it won’t, while Flagler residents still reel from low values and empty houses that more new houses won’t help.
FlaglerLive | September 30, 2012
Whether you call them impact fees, taxes or hidden taxes, they’re a Florida and Flagler County reality. An explanation and definition of impact fees with a local rate schedule by city and county.
FlaglerLive | September 25, 2012
Other Flagler government leaders joined Jon Netts in criticism of of proposed Constitutional Amendment 4, which would limit the tax liability of commercial, rental and vacant properties while lowering the tax liability of first-time home-buyers, but at the expense of local government revenue, which has been battered since 2007.
FlaglerLive | September 19, 2012
Sales of single family homes in Flagler were up 9.5 percent in August over a year ago, 10.8 percent across Florida, while pending sales have skyrocketed in further signs of health for the battered housing sector, even as prices still stagnate.
FlaglerLive | September 18, 2012
In a series of decisions Tuesday, two of them defying strong public sentiment, the Palm Coast City Council voted to prohibit the sale of legal products known as synthetic marijuana, require permits for garage sales, and open the way for a vast assisted-living development at the edge of the Woodlands.
FlaglerLive | August 20, 2012
The Flagler County Commission voted unanimously to stop all permitting on the 5,000-acre development that has yet to go beyond promises, while its developer has failed to meet a laundry list of county demands and requirements.
FlaglerLive | August 16, 2012
The recommendation now goes before the Palm Coast City Council, which is expected to approve land use changes to enable the 216-unit assisted and independent living facility despite the conversion of conservation land and traffic issues that concern Woodlands residents.
FlaglerLive | July 26, 2012
“Bankruptcy” and “exciting news” don’t usually go together well in the same conversation. But a recent ruling by a federal court is giving Florida homeowners a window of opportunity to strip off a second mortgage, argues consumer attorney Lewis Roberts.
FlaglerLive | July 18, 2012
Don Tobin, better known as Toby, is the most recognizable name among those declaring interest in a position four Palm Coast City Council members will fill by their appointment come November. Tobin’s focus is real estate, economic development and city-county relations.
FlaglerLive | May 23, 2012
Home sales have yet to kick up in Florida, where sales fell slightly in April, but Realtors are quick to say that median price and pending sales rose dramatically as the inventory of homes available for sale keeps shrinking.
FlaglerLive | May 10, 2012
From the Palm Coast Players Club to the Sheraton/Palm Coast Resort or Sesame Island, the city has very limited legal or financial means, absent much higher taxes, to take over such properties and convert them to something residents would prefer, argues city council member Frank Meeker.
FlaglerLive | May 9, 2012
Prompted by tumbling property values and a large number of sub-prime loans, Florida has also been slow to get back on its feet because of a foreclosure process that on average takes more than two years to complete, according to report by a Washington -based coalition that is tracking the nation’s housing recovery.
FlaglerLive | April 24, 2012
Palm Coast city government’s new lease at City Market Place is considerably cheaper than the $20,000 a month it’s been paying since 2008, but council members are now talking about a lease-purchase deal for a new city hall at Town Center.
FlaglerLive | March 7, 2012
Mori Hosseini’s ICI Homes has been battling Palm Coast since 2004 over a zoning designation in the E Section that ICI claims denied it its development rights. The deal means 58 homes on lots smaller than the norm in Cypress Knoll can now be built there.
FlaglerLive | February 20, 2012
A controversial bill backers say would speed up the foreclosure process and help jumpstart the economy made its Florida Senate debut Monday amid concerns that the measure could leave some homeowners unjustly out in the cold.
FlaglerLive | February 7, 2012
The proposal, rejected 4-2 by the Planning Board, is part of a settlement of a long-running dispute between developer ICI and Palm Coast, would have allowed up to 60 homes west of East Hampton and south of Eric Drive.
FlaglerLive | February 3, 2012
Here’s a primer on Fannie and Freddie’s role in the housing market, why their actions often go against the interests of homeowners and are even at odds with their own mission, and what to expect from here on.
FlaglerLive | January 30, 2012
Flagler County Property Appraiser’s preliminary estimate sees a property value drop in “the low single-digits” at most, with taxable values rising in Grand Haven and Flagler Beach, among other spots, as the five-year collapse in values appears to draw to an end.
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