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Palm Beach County home price increases some of highest in nation
Source: Post
Jan 14, 2013 4:26 pm
A new study released by California company ZipRealty shows Palm Beach County home price increases as some of the highest in the country, leaping 22 percent in November from the same time in 2011. The study, released Friday, is based on Multiple Listi…
FSU wants to stay in West Palm Beach, but school president has final say
Source: Post
Jan 11, 2013 7:51 pm
Florida State University trustees said today they want the school’s digital arts program to remain in West Palm Beach, but gave said the decision is ultimately up to university President Eric Barron. It’s unclear what kind of timeline Barron is w…
FSU decision on West Palm Beach campus expected today
Source: Post
Jan 11, 2013 2:00 pm
Florida State University trustees meet in Tallahassee today to discuss the future of the digital arts school in downtown West Palm Beach. The program, which has 25 students, has been in question ever since Digital Domain went bankrupt in September. W…
Foreclosure mill head faces Florida Bar discipline
Source: Post
Jan 7, 2013 6:51 pm
The owner of the Fort Lauderdale-based Law Offices of Marshall C. Watson has agreed to plead guilty in a proposed Florida Bar consent judgment that accuses him failing to supervise or train his employees in foreclosure-related work. The judgment, whi…
Independent Foreclosure Review scrapped under new settlement plan
Source: Post
Jan 7, 2013 4:01 pm
The much-hyped Independent Foreclosure Review has been scrapped in exchange for a $5.2 billion settlement with 10 banks that is expected to more quickly get help to homeowners. The foreclosure review, which just 495,000 homeowners nationwide applied …
Florida fast-track foreclosure bill back
Source: Post
Jan 4, 2013 8:01 pm
Florida lawmakers will once again debate a fast-track foreclosure bill, which made it through the House last year but died in the Senate. Rep. Kathleen Passidomo, R-Naples, filed HB 87 on Thursday. With hundreds of thousands of foreclosures backlogge…
Home asking prices up 13 percent in county, rents climb 5 percent
Source: Post
Jan 3, 2013 3:25 pm
The asking price for homes in Palm Beach County was up 13 percent in December compared to last year, more than double the national average increase of 5.1 percent. According to a report released today from Trulia, a San Francisco-based real estate an…
Market Snapshot: Manatee's River Club
Source: Herald Tribune
Dec 27, 2012 5:58 pm
A blend of golf, nature and yes, fine homes
South Florida home prices up 8.5 percent, market recovering
Source: Post
Dec 26, 2012 3:51 pm
Home prices in Palm Beach, Broward and Miami-Dade counties were up 8.5 percent in October from the same time last year, an increase that put them in fifth place for the highest annual gain on the Standard&Poor’s/Case-Shiller Home Price Index. T…
Christ Fellowship finalizes Boynton Mall deal
Source: Post
Dec 24, 2012 5:26 pm
Christ Fellowship church finalized a long-sought deal last week to buy the former Dillard’s store at the Boynton Beach Mall, paying $4.6 million for the 127,000-square-foot property. According to a deed filed with the Palm Beach County Clerk of Cou…
Foreclosure fighters rally in Lake Worth
Source: Post
Dec 5, 2012 6:26 pm
Palm Beach County homeowner advocates will hold a candlelight vigil tomorrow, Dec. 6, in Lake Worth to commemorate a national day of action against foreclosures. The event, which begins at 5:45 p.m., is part of the Occupy Our Homes’ movement of “…
Holiday tradition continues with foreclosure freeze
Source: Post
Dec 3, 2012 3:50 pm
Federal mortgage backers Fannie Mae and Freddie Mac announced this morning they won’t evict families from foreclosed homes during the holidays. For Fannie Mae, the suspension on evicting homeowners in foreclosed homes will be from Dec. 19 through J…
Bondi reminds of Jan. 18 deadline to apply for mortgage settlement
Source: Post
Dec 3, 2012 1:51 pm
A Jan. 18 deadline is approaching for Floridians who lost their home to foreclosure and suffered harm because of fraud or bank incompetence to apply for a portion of the National Mortgage Settlement. Eligible former homeowners must have been foreclos…
Wells Fargo hosts Palm Beach County homeowner event
Source: Post
Nov 27, 2012 10:26 pm
Wells Fargo is hosting a free workshop Thursday, Dec. 6 at the Palm Beach County Convention Center for homeowners struggling to pay their mortgage. The event will be open between 9 a.m. and 7 p.m. at 650 Okeechobee Blvd. Parking is free. According to…
More criminal charges filed against robo-signing boss
Source: Post
Nov 26, 2012 5:26 pm
The former head of a Florida-based mortgage processing firm is facing a racketeering charge in Michigan for encouraging employees to forge signatures and falsely notarize foreclosure-related documents. Last week, DocX founder Lorraine Brown pleaded g…
Florida sees largest unemployment drop of any state
Source: Post
Nov 21, 2012 7:51 pm
Florida has enjoyed the biggest decline in unemployment of any state over the past two years, the Florida Department of Economic Opportunity says today. Florida’s jobless rate fell to 8.5 percent in October, down 2.6 percentage points from the Dece…
Florida, county sales of existing homes increases in October
Source: Post
Nov 19, 2012 4:51 pm
Homebuyers statewide snapped up 17,779 single-family homes in October, a 25 percent increase from the same time in 2011, according to a report released this morning by the Florida Realtors. Prices too were on the upswing in Florida, jumping 9 percent…
Florida sales of existing homes increases in October
Source: Post
Nov 19, 2012 4:25 pm
Homebuyers statewide snapped up 17,779 single-family homes in October, a 25 percent increase from the same time in 2011, according to a report released this morning by the Florida Realtors. Prices too were on the upswing in Florida, jumping 9 percent…
Florida homeowners get $3.6 billion in mortgage relief
Source: Post
Nov 19, 2012 2:50 pm
The National Mortgage Settlement signed in March has so far provided principal reductions, refinances and waivers of deficiency amounts worth $3.6 billion to Florida homeowners, the settlement monitor reported this morning. The five lenders involved …
Palm Beach Lakes office building fetches $15 million
Source: Post
Nov 16, 2012 5:25 pm
The office building at 1645 Palm Beach Lakes Blvd. in West Palm Beach has mirrored the boom-bust-and-rebound path of the commercial real estate market. In the fast money days of 2006, the Sabadell Bank Building sold for $17.6 million. And in slow-mon…
Trump to buy the Ritz-Carlton in Jupiter
Source: Post
Nov 15, 2012 8:26 pm
Billionaire Donald Trump signed a contract today to purchase the Ritz-Carlton Golf Club & Spa for an undisclosed price. Trump said the deal is scheduled to close in 30 days, at which time the club will be renamed Trump National Golf Club, Jupiter…
Chase says it fulfills Florida requirement under mortgage settlement
Source: Post
Nov 15, 2012 6:26 pm
JPMorgan Chase says it has met its Florida obligation under the $25 billion national mortgage settlement by offering $1 billion in home loan relief to consumers. The announcement comes a day after progress reports were due to a national monitor overs…
Palm Beach County foreclosures up last month, surpass 2011
Source: Post
Nov 14, 2012 5:27 pm
Palm Beach County’s new foreclosure filings increased 26 percent last month from September, bringing the total number of new foreclosures to 13,057 so far this year. That already exceeds the 12,154 foreclosures filed in all of 2011, according to th…
West Palm Beach in top 10 for rental demand
Source: Post
Nov 13, 2012 2:26 pm
More people are looking for rentals this year in West Palm Beach, according to a report released this morning that showed about a 12 percent increase in rental demand in August compared to the same time last year. The jump in rental demand put West P…
Despite conventional wisdom, Sandy’s no economic boon, Wells Fargo economist says
Source: Post
Nov 1, 2012 3:01 pm
In a post-Sandy report, Wells Fargo economist Mark Vitner calls BS on the oft-repeated assertion that storms spur spending and therefore help the economy. “Are hurricanes good for the economy?” Vitner asks. “NO!” Vitner’…