Palm Coast & Flagler County in the Real Estate news

An article published on Tuesday April 22nd is very encourageable for the real estate market here in Palm Coast. Click on the link below and read the whole article. It basically sells Palm Coast all by itself! http://www.send2press.com/newswire/2008-04-0422-006.shtml

Home ownership

The American Dream lives. According to a survey from AOL Real Estate and Zogby International, 31 percent of respondents believe their home is worth more than it was a year ago, and 56 percent do not think their home will be worth less in five years; 69 percent consider real estate to be a viable investment.

The story on short sales

The short sale process can be so frustrating that some real estate agents and homebuyers have decided it isn't worth the effort. Deals fall apart because the mortgage company rejects the price, and it can take a long time to get an answer, even when it's "no."

Is that a light at the end of the tunnel?

In Florida, the number of homes in some stage of foreclosure dropped 7 percent from February to March, even as the national numbers rose 5 percent, according to the latest research report from RealtyTrac Inc. In the Sunshine State, 30,254 homes reported at least one filing last month.