Are short sales about to get easier?

March 16, 2010 By Leave a Comment

The Treasury is now pushing a new program to get short sales moving. This is great news if they can pull it off. With the majority of property listings in Palm Coast & Flagler County Florida being short sales and distressed homes, anything that speeds up and streamlines the process of banks agreeing to these types of sales instead of going through to foreclosure is a positive.

If you are a homeowner in Palm Coast, Florida and are either facing foreclosure or need to do a short sale on your home, we would be happy to assist. Contact us Today @ 386-931-5822 or email us at The Team of Martin Collins & Kristi Ross have been awarded the Certified Distressed Property Designation for the State of Florida. Less than 1% off REALTORS in Palm Coast & Flagler County have been honored with this designation.

Listing or selling your home with an agent that is inexperienced with short sales can possibly create huge headaches for you in the future, including very serious legal and financial consequences.

We would of course like to assist you with your short sale, but if you choose to work with a different agent, just please make sure that they are CDPE Certified.


Filed Under: Palm Coast Real Estate Blog Tagged With: ,

Palm Coast Real Estate: Daily Market Pulse March 17, 2010

March 15, 2010 By Leave a Comment

Single Family Homes: Palm Coast & Flagler County Florida

Palm Coast & Flagler County

JUST LISTED HOMES

16 Homes were Listed For Sale Today in Palm Coast & Flagler County, Florida.  Below is a sampling of those homes.  You may click on the pictures for more details or


Palm Coast & Flagler County

PRICE REDUCED HOMES

There were 19 price reductions on Palm Coast Flagler County Property Today. Below is a small sampling of the price reduced homes.  If you would like to receive automatic email updates every time properties are newly listed or price reduced in Palm Coast & Flagler County, Florida…please


Palm Coast & Flagler County

PENDING/CONTINGENT HOMES

17 Homes were taken contingent/pending sale today. Many of these properties are short sales and it is unclear if they will ever close.  If you would like to see a list of the contingent properties in Palm Coast & Flagler County Florida,


Palm Coast & Flagler County

JUST SOLD HOMES

Brought to you through IDX Courtesy of Martin Collins & Kristi Ross, Prudential Warren Real Estate, Palm Coast, Florida.  Call us today 386.931.5822 or visit our website www.Palm-Coast-Hot-Properties.com

Other Real Estate News For March 17th, 2010

Katrina victim wins HGTV Dream Home

© 2010 Flagler County Multiple Listing Service (FCMLS)

Information deemed reliable, but not guaranteed

The content relating to real estate for sale on this web site comes in part from the IDX program of the Flagler County MLS. Listing content is copyright ©2010 Flagler County MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Filed Under: Palm Coast Real Estate Blog Tagged With: , , , ,

Palm Coast Real Estate Market Report ~ West of I-95 Homes ~ February 2010

March 13, 2010 By Leave a Comment

Below are Palm Coast Real Estate Market Statistics for the Month of February 2010.  This report features the non-golf course communities located west of I-95:  Indian Trials, Pine Grove, Seminole Woods, Belle Terre and Lehigh Woods.  What really strikes me in these numbers is the extremely high number of pending homes in the Short Sale category.  Again, it is of concern to me that so many properties remain pending for such a long period of time while the banks decide if the sellers and the properties qualify for short sales.  Are these properties that are actually going to sell or are they just holding up buyers from purchasing other homes?

February Market Statistics ~West of I-95 Non Golf Course Community
NeighborhoodBelle TerreLehigh WoodsIndian TrailsPine GroveSeminole Woods
For Sale Listings
# of Total Listings421171079041
#Bank Owned25430
# Short Sales1760334723
Distressed Listings
Total # Distressed1965375023
% of Distressed45%56%35%56%56%
Pending Sales
Total # Pending19103665743
#Bank Owned15447
#Short Sales1588534831
% Distressed84%90%86%91%88%
Just Sold
Total # Sold28794
# Bank Owned03101
# Short Sales13363
%Distressed50%75%57%67%100%
Price Statistics (Active)
Low Price$89,000 $76,000 $85,000 $85,000 $85,000
High Price$290,000 $329,000 $449,500 $380,000 $275,000
Median Price$140,000 $149,900 $160,000 $149,450 $139,900
Price Statistics (SOLD)
Low Price$89,900 $85,000 $77,900 $90,000 $94,900
High Price$199,900 $199,230 $225,000 $169,900 $143,000
Median Price$144,900 $123,250 $129,900 $125,000 $127,500
Price Per Sq Foot$83$70$58$64$67
% Discount Off Last List Price6%0%6%0%4%
Other Important Facts
Average Days on Market371167314147150
# Taken Off Market/Did NOT Sell391194
Filed Under: Palm Coast Real Estate Market Reports

Palm Coast & Flagler County Condos Sold in February 2010

March 13, 2010 By Leave a Comment

Below you will find a list of the Palm Coast & Flagler County Condos that sold in the Month of February 2010.  Looks like Canopy walk had quite a bit of activity this month….crazy to see Intracoastal Front units selling for less than the lakefront units used to sell for. And, it is shocking to see a Cinnamon Beach unit sell for less than $108 per square foot.  There are some really great deals out there right now.

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Search ALL Palm Coast & Flagler County MLS Listings LIVE @ Palm-Coast-Hot-Properties.com

Street # Street NameSold PriceLiving SqFtPrice Per Sqft# Beds# BathsSale TypeView
6 MID OAKS CIR$49,900950$5322Bank Owned
18 HEMBURY LN$76,0001098$6922
73 KINGS COLONY CT$73,0001021$7122
31 KINGS COLONY CT$75,0001237$6122Lake
28 KINGS COLONY CT$80,0001006$8022Lake
3 FAIRWAYS CIR$75,0001150$6522
30 HEMBURY LANE$79,0001098$7222
83 OCEAN PALM DR$90,0001200$7522Short SaleIntracoastal
54 KINGS COLONY CT$80,0001006$8022Lake
600 CANOPY WALK LN. #622$139,2501377$10122Short SaleIntracoastal
2001 PALM DR #G104$135,0001482$9132Short Sale
3580 OCEANSHORE BLVD #902$181,5001358$13422Short SaleOcean
1200 CANOPY WALK LN #1235$150,0001712$8832Lake
800 CANOPY WALK LN #834$172,5001377$12532Intracoastal
1000 CINNAMON BEACH WAY #954$180,0001684$10732Bank Owned
3500 OCEANSHORE BLVD. #110$165,0001200$13822Short Sale
104 SURFVIEW DRIVE #2204$200,0001149$17422
300 MARINA BAY DR #304$260,0001138$22832Intracoastal
200 OCEAN CREST DR #617$463,0001782$26033Ocean View
500 CINNAMON BEACH WAY #464$425,0001682$25332Ocean
Filed Under: Palm Coast Real Estate Market Reports
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