August 28, 2015 – Last October, GoToby.com broke the story. ‘Million Dollar Home Built on Wrong Lot in Ocean Hammock, NE Florida’ That story attracted worldwide attention in scores of countries and almost as many different languages. I call it “The LOT Heard Round the World.”
August 27, 2015 — Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of Realtors®.
August 26, 2015 – Tomorrow, the Flagler Beach Commission, will consider a repeal of portions of Ordinance 2015-03 which increased the minimum floor elevation by 1 ft. Although this is helpful, the board is only considering a change for alterations of existing homes and plans to leave new construction 2 ' above Base Floor Elevation (BFE). This change will add thousands of dollars to the cost of each new home.
August 26, 2015 – Depending on whom you talk to, China's recent economic problems could spell good news or bad news for Florida's Realtors.
August 25, 2015 — Sales of newly built, single-family homes rose 5.4 percent to a seasonally adjusted annual rate of 507,000 units in July, according to newly released data from HUD and the U.S. Census Bureau.
August 24 – Continuing his counteroffensive against the City of Flagler Beach, attorney Sidney Ansbacher lobbed four more FOIA requests at the city today. As with the previous seven FOIAs, an examination of the information requested reveals possible targets of anticipated litigation.
August 23, 2015 – Flagler County has decided against allowing a proposal to move forward that could have allowed an endurance-obstacle race at Princess Place sometime in 2016.
Aug. 22, 2015 – July's existing-home sales steadily increased for the third consecutive month, even with stubbornly low inventory levels and rising prices. However, the market challenges likely led to a drop in first-time buyers to their lowest share since January, according to the National Association of Realtors® (NAR).
August 21, 2015 – GoToby.com’s House of the Week is in the Indian Trails section of Palm Coast, Fla. for less than $95 per square foot. Values in this neighborhood are on the rise. The anticipated May 2016 opening of the new Interstate 95 interchange at Matanzas Woods Pkwy will further enhance this areas desirability.
August 19, 2015 – Flagler Beach beat today’s deadline, filing an appeal yesterday of the Flagler Board of County Commissioners’ (BOCC) approval of a recent rezoning application. The BOCC decision will allow Sea Ray to build an employee parking lot on land Sea Ray will acquire that is adjacent to its boat manufacturing plant in Flagler County.
August 18, 2015 – Salamander Clubs and Resorts, which has an ownership interest in and operates the Hammock Beach Club and Resort in Palm Coast, FL hosted an overflow crowd August 12 for the quarterly update meeting for property owners and Club members.
August 18, 2015 – The total value of single-family Flagler MLS home sales in July exceeded $50M, the highest level since June 2006 and 502% above the January 2008 low. Still, the July total remains 41% below the June 2005 peak. How so?
August 17, 2015 — Builder confidence in the market for newly built, single-family homes in August rose one point to a level of 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the highest reading since November 2005.
August 14, 2015 – This week’s GoToby.com featured property is a special condominium unit in Le Jardin in Hammock Dunes. This never-been-lived-in unit is pristine. Yet, because the motivated seller just reduced the price, no other oceanfront unit in Hammock Dunes is offered at such a low price per square foot.
Aug. 13, 2015 – Just over half (52 percent) of Americans say they are likely to buy a home in the next five years, according to the 2015 BMO Harris Bank Homebuyers Report.