Florida Real Estate News for Palm Coast and Flagler County Florida
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March 5, 2015 – The effect of Millennials on the future housing market is uncertain. Is their reluctance to enter the first-time homebuyer market the result of that generation’s burdensome college loan debts? Is it a result of the Great Recession or the slow recovery? Wall Street’s Goldman Sachs has provided a great animated graphic to illustrate millennial homebuying information.
March 3, 2015 – At 9:31 a.m. this morning, the Florida House convened to kick off the 2015 session of the Florida Legislature. At the same time, the state's Realtors® converged on Tallahassee for the first day of Great American Realtor Days.
March 2, 2015 – Sixty-five percent of retirees say they're living in the best homes of their lives, according to a new Merrill Lynch study conducted in partnership with Age Wave. But many retirees – free from work and family restrictions – will choose to move. The study, "Home in Retirement: More Freedom, New Choices," found that 64 percent of retirees are likely to move at least once during retirement, with 37 percent having already done so and 27 percent planning to relocate.
March 1, 2015 – Floridians' consumer sentiment in February rose more than a point, to 94.7, compared to January. It's the seventh straight month of an increase, according to the University of Florida (UF) survey.
February 27, 2015 – Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors®. All major regions except for the Midwest saw gains in activity in January.

February 27, 2015 – In search of this week’s House of the Week, GoToby.com finds itself, once again, in the exclusive, private gated community of Hammock Dunes. This week’s home offers elegant luxury in a tranquil setting, hidden behind vast hedges and lush gardens of indigenous landscaping.
February 26, 2015 – Flagler Beach Commissioners vote at 5:30 tonight on the second and final reading of an ordinance changing construction requirements of new homes built in the city. If enacted, the new ordinance will require the finished floor elevation of any new home to be one foot higher than presently required. The goal is noble, but the unintended consequences are not.
February 26, 2015 – At current tax rates, City of Palm Coast residents (in tax district 61) who take advantage of Florida’s Homestead Exemption get up to $854.90 knocked off their property tax bill. The deadline for qualifying for a Homestead Exemption for the 2015 tax year is March 1. Do it or lose it. Since March 1 is a Sunday this year, applications will be accepted through Monday, March 2nd.
February 25, 2015 – Florida’s housing market reported higher median prices, more new listings and the continued stabilization of inventory in January, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 16,087 last month, up 10 percent over January 2014.
February 24, 2015 – The percentage of job seekers relocating for new positions in the last half of 2014 rose to its highest level in five years, as ongoing improvements in the employment and housing markets made moving for employment a more desirable option.
February 24, 2015 – Palm Coast has several commercial projects approved and under construction. Join GoToby.com in a drive around town to see how they are progressing.
February 23, 2015 – Existing-home sales declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month, according to the National Association of Realtors®. All major regions experienced declines in January, with the Northeast and West seeing the largest.
February 21, 2015 – According to today's Q4 and Year-End 2014 U.S. Institutional Investor & Cash Sales Report from RealtyTrac, the share of home sales to institutional investors and all-cash buyers dropped to a four-year low in 2014. However, it rose in the fourth quarter both nationally and in Florida.
February 20, 2015 – For three years, property owners in The Hammock were able to convert single-family residential homes into short-term vacation rentals without restrictions. That’s the period of time between 2011, when the Florida legislature preempted control of short-term vacation rentals by local governments, till 2014, when they returned many of the preempted items to local authority.
February 20, 2015 – This week’s GoToby.com property of the week is an elegantly appointed fourth floor Tuscany condominium unit in the private oceanfront community of Hammock Dunes. Built in 2006, it has three bedrooms, 2 ˝ baths and 2,290 square feet of living space.
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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.