Florida Real Estate News for Palm Coast and Flagler County Florida
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July 25, 2015 – The Real Estate Roundtable says a recent economic study about like-kind exchanges (1031 exchanges, or Section 1031 of the U.S. tax code) proves their worth to the U.S. real estate market and illustrates some unintended negative impacts of proposals to scale back or repeal the nearly 100-year-old tax provision.
July 24, 2015 – GoToby.com’s featured House of the Week is in the Granada Estates section of Hammock Dunes, Palm Coast’s most exclusive gated residential community. Just 375 yards from the Atlantic Ocean beach, this custom-built home has all of the features you would expect to find in such a setting.
July 23, 2015 – Beginning Sunday, July 26 motorists and other travelers should expect a lane closure along Palm Coast Parkway between Florida Park Drive to just west of Cypress Point Parkway. The lane closure will occur in two phases.
July 23, 2015 – Finally. The Beachfront Bargain Hunt episode that locals have anticipated since HGTV’s filming last September has been put on the cable network’s broadcast schedule. You can watch it Sunday, August 9th at 8:30 P.M.
July 22, 2015 — Existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high, according to the National Association of Realtors®. All major regions experienced sales gains in June and have now risen above year-over-year levels for six consecutive months.

July 21, 2015 – The Federal Housing Administration (FHA) published guidance on its new Small Buildings Risk Sharing (SBRS) Initiative.
July 20, 2015 – Builder confidence in the newly built, single-family home market hit a level of 60 in July – its highest level since November 2005.
July 17, 2015 – What has twenty years done to the new home market? Today’s new homes have more bedrooms, more bathrooms, more outdoor features, but fewer fireplaces. And they are a lot more expensive. The average sales price in 1994 was $154,500 compared to the $345,800 average sales price in 2014.
July 16, 2015 – Here's a just-the-facts summary of NAR Chief Economist Lawrence Yun's updated look at national economic and housing market expectations for the rest of 2015 and the kickoff of 2016. Read on to find out why Yun says existing and new-home sales will be rising this year.
July 16, 2015 – The 2015 hurricane season is now underway, and while Floridians have so far remained storm-free, natural disasters can strike at anytime – some without warning.
July 15, 2015 – On Monday, July 20, through Friday, July 24, between the hours of 9 a.m. and 5 p.m., motorists and other travelers should expect eastbound lane closures along Palm Coast Parkway between Cypress Point Parkway and the I-95 bridge.Two lanes will remain open eastbound.
July 15, 2015 – In the recent past, many first-time homebuyers shied away from the market due to debt and stagnant wages. But new research released by TD Bank indicates that nearly one-in-five potential first-time homebuyers are actively looking; nearly two-thirds would like to provide a sizable downpayment of 20 percent or more.
July 14, 2015 – CoreLogic released today its May 2015 National Foreclosure Report. Approximately 491,000 homes in the United States were in some stage of foreclosure as of May 2015, comparted to 676,000 in May 2014, a decrease of 27.4 percent.
July 11, 2015 – Shirley and I were at the Grand Opening and Ribbon Cutting for Tim Finnegan’s Black Cloud Saloon last night. We had been longtime fans of original owner John Seibel’s Black Cloud Saloon, attending most Tuesday’s for happy hour and light eating with a group of 15 to 20 friends. We sometimes stayed to enjoy the swing band that played each Tuesday.
July 10, 2015 – This GoToby.com featured House of the Week is in the prestigious gated golf community of Grand Haven. Built in 2001, this home has four bedrooms, two baths, a screened pool and 2,514 square feet of living area.
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Don "Toby" Tobin is a licensed real estate professional affiliated with Watson Realty Corp. Toby is a member of the Flagler County Association of Realtors®, the Florida Association of Realtors, Enterprise Flagler, Flagler Home Builders Association, and the National Association of Realtors.

GoToby.com proivdes real estate news, commentary, and analysis for Palm Coast and Flagler Country Florida, as well as Realtor® referrals and consultation to buyers, sellers, and developers.