Palm Coast Real Estate.
With all the population growth in the Palm Coast area, it's no wonder that prices have skyrocketed in the last few years. Real Estate appreciation has been one of the main topics of local conversations. It's true that the land and housing in the area are now not as inexpensive as they once were in the 1990s'. Nevertheless, the local housing market is still reasonably priced, especially when compared to other places like Miami, Los Angeles, or New York.
Real Estate / South Florida Sun-Sentinel
Median prices of existing homes fell in Palm Beach and Broward counties during the first quarter compared to a year ago, the Florida Association of Realtors said Tuesday.
Rates on 30-year mortgages edged down slightly this week, but remained above 6 percent for the third straight week.
An industry group said Wednesday that pending U.S. home sales dropped to a new low in March, signaling the housing slump has yet to bottom out even as the spring sell season gets under way.
A rising tide of late mortgage payments and home foreclosures poses considerable dangers to the national economy, Federal Reserve Chairman Ben Bernanke warned anew Monday as he urged Congress to take additional steps to alleviate the problems.
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