Florida Real Estate News for Palm Coast and Flagler County Florida
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April 24, 2015 – This week’s featured GoToby.com property of the week is a new listing; a condominium at Palm Coast Resort. This desirable “K” unit has 2,004 square feet of living area and a 500 square foot screened balcony with panoramic views overlooking the Intracoastal Waterway and with ocean views.
April 23, 2015 – RealtyTrac's U.S. Home Equity & Underwater Report for the first quarter of 2015 finds that Florida continues to see more homeowners emerge from underwater status, where they owe more on the mortgage than their home's current market value.
April 23, 2015 — U.S. Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to the National Association of Realtors®. Led by the Midwest, all major regions experienced strong sales gains in March and are above their year-over-year sales pace.
April 21, 2015 – The value of the euro has fallen recently in comparison to the U.S. dollar, and that gives some Europeans an ideal opportunity to sell their Florida property and make a profit not just on values that have risen, but also on the different value of money.
April 21, 2015 – In the ongoing effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) announced nearly $65 million to help more than 9,300 homeless veterans find a permanent place to call home.

April 21, 2015 – As some parts of the country are talking about a housing market slowdown, the Flagler County and Palm Coast housing market continues to plug along in positive territory by all measures. Single-family Homes
April 20, 2015 – Formerly distressed homeowners with restored credit are re-entering the housing market. However, damaged credit profiles and lender overlays will greatly restrict the overall share of those eligible to buy, according to new research from the National Association of Realtors®.
April 18, 2015 – The U.S. toughened mortgage-lending standards after the housing meltdown as a way to avoid a repeat performance – but have the new standards gone too far in the other direction? According to testimony by the National Association of Realtors® (NAR) Thursday, they have.
April 17, 2015 -- Lighthouse Harbor LLC has closed on the purchase of the former Lehigh Cement Plant site at the corner of Roberts Road and Colbert lane. The company intends to bring forward a mixed-use community called Lighthouse Harbor Marina Village on the 88-acre site.
April 17, 2015 – This week’s GoToby.com featured property is a 3 BR 2 BA condominium that comes with a membership to the award winning and amenity-rich Hammock Beach Club and Resort, operated by Salamander as a “Salamander Golf & Spa Resort.”
April 16, 2015 – State government tax revenue increased 2.2 percent, from $847.1 billion in fiscal year 2013 to $865.8 billion in 2014, the fourth consecutive increase, according to the U.S. Census Bureau’s 2014 Annual Survey of State Government Tax Collections.
April 15, 2015 – Yesterday, Fannie Mae (FNMA/OTC) announced the HomePath®Ready Buyer™ program, qualifying first-time homebuyers to receive up to three percent of the purchase price in closing cost assistance toward the purchase of a HomePath property, upon completion of an online homebuyer education course. On a $150,000 home, this could result in up to $4,500 in savings for the buyer. In addition, Fannie Mae will reimburse the $75 cost of the homebuyer education course at the time of closing.
April 15, 2015 – Under federal law, water heaters must be more energy efficient starting Thursday, April 16.
April 14, 2015 – Appraiser opinions of values were higher than homeowner estimates in 17 of the 27 metro areas (63 percent) measured by Detroit-based Quicken Loans.
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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.