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U.S. Metro Home-Price Growth Quickens to 5.7 Percent in the First Quarter

Inventory levels hovering at all-time lows weighed down home sales and fueled faster price appreciation during the first three months of the year, according to the latest quarterly report by NAR

By Toby Tobin
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WASHINGTON — May 14, 2018 — Inventory levels hovering at all-time lows weighed down home sales and fueled faster price appreciation during the first three months of the year, according to the latest quarterly report by the National Association of Realtors®.

The national median existing single-family home price in the first quarter was $245,500, which is up 5.7 percent from the first quarter of 2017 ($232,200). Flagler County's median price rose 4.59% over the same period in 2017.

Single-family home prices last quarter increased in 91 percent of measured markets, with 162 out of 178 metropolitan statistical areas (MSAs) showing sales price gains in the first quarter compared to a year ago. Fifty-three metro areas (30 percent) experienced double-digit increases, up from 15 percent in the fourth quarter of 2017.

Lawrence Yun, NAR chief economist, says record low inventory levels caused the housing market to get off to a slow start in 2018. “The worsening inventory crunch through the first three months of the year inflicted even more upward pressure on home prices in a majority of markets,” he said. “Following the same trend over the last couple of years, a strengthening job market and income gains are not being met by meaningful sales gains because of unrelenting supply and affordability headwinds.”

Added Yun, “Realtors® in areas with strong job markets report that consumer frustration is rising. Home shoppers are increasingly struggling to find an affordable property to buy, and the prevalence of multiple bids is pushing prices further out of reach.”

Total existing-home sales, including single family and condos, decreased 1.5 percent to a seasonally adjusted annual rate of 5.51 million in the first quarter from 5.59 million in the fourth quarter of 2017, and are 1.7 percent lower than the 5.60 million pace during the first quarter of 2017.

At the end of the first quarter, there were 1.67 million existing homes available for sale, which was 7.2 percent below the 1.80 million homes for sale at the end of the first quarter in 2017. The average supply during the first quarter was 3.5 months – down from 3.7 months in the first quarter of last year.

The national family median income rose to $74,779 in the first quarter, but overall affordability decreased from a year ago because of rising mortgage rates and home prices. To purchase a single-family home at the national median price, a buyer making a 5 percent down payment would need an income of $55,732, a 10 percent down payment would require an income of $52,779, and $46,932 would be needed for a 20 percent down payment.

“Prospective buyers in many markets are realizing that buying a home is becoming more expensive in 2018,” said Yun. “Rapid price gains and the quick hike in mortgage rates are essentially eliminating any meaningful gains buyers may be seeing from the combination of improving wage growth and larger paychecks following this year’s tax cuts. It’s simple: homebuilders need to start constructing more single-family homes and condominiums to overcome the rampant supply shortages that are hampering affordability.”

The five most expensive housing markets in the first quarter were the San Jose, California metro area, where the median existing single-family price was $1,373,000; San Francisco-Oakland-Hayward, California, $917,000; Anaheim-Santa Ana-Irvine, California, $810,000; urban Honolulu, $775,500; and San Diego-Carlsbad, $610,000.

The five lowest-cost metro areas in the first quarter were Decatur, Illinois, $73,000; Cumberland, Maryland, $86,200; Youngstown-Warren-Boardman, Ohio, $91,300; Elmira, New York, $100,800; and Binghamton, New York; $103,000.

Metro area condominium and cooperative prices – covering changes in 61 metro areas – showed the national median existing-condo price was $231,700 in the first quarter, up 5.9 percent from the first quarter of 2017 ($218,800). Eighty-five percent of metro areas showed gains in their median condo price from a year ago.

Regional Breakdown

Total existing-home sales in the Northeast slipped 8.5 percent in the first quarter and are 8.1 percent below the first quarter of 2017. The median existing single-family home price in the Northeast was $267,400 in the first quarter, up 4.6 percent from a year ago.

In the Midwest, existing-home sales fell 6.9 percent in the first quarter and are 1.8 percent below a year ago. The median existing single-family home price in the Midwest grew 5.9 percent to $187,100 in the first quarter from the same quarter a year ago.

Existing-home sales in the South increased 3.7 percent in the first quarter and are 0.7 percent higher than the first quarter of 2017. The median existing single-family home price in the South was $220,400 in the first quarter, 5.5 percent above a year earlier. By comparison, Flagler County's median selling price was $216,500, up 4.59%.

In the West, existing-home sales in the first quarter declined 1.1 percent and are 2.2 percent below a year ago. The median existing single-family home price in the West increased 8.2 percent to $371,300 in the first quarter from the first quarter of 2017.


Toby Tobin: REALTOR®, SRES®

I am a REALTOR® licensed by the State of Florida and Seniors Real Estate Specialist, SRES®, with Grand Living Realty, where 'The GoToby Team'  helps fellow aged 50+ buyers and sellers achieve improved outcomes in real estate transactions by integrating real estate decisions with other age-related decisions/plans through my broad network of respected service providers; financial, wills, trusts, probate, insurance, healthcare, home services, recreation, lifestyle, estate planning, and adult living facilities.

Take advantage of my "Been there. Done that." experience, typically at no additional cost to you. Call me at (386) 931-7124 or email me at Toby@GoToby.com.

Be sure to listen to my radio show, Real Estate Matters, every Saturday morning right after the 11:00 A.M. news break on WNZF News Radio (1550 AM or 94.9 FM). Download the Flagler Radio App from the App Store so you can hear Real Estate Matters anywhere in the world.

reader comments
RE: Two Car Garage Requirement ?
Posted by George Edward Chuddy
May 22, 2018, 12:03 pm
Hi Toby:
Firstly, let me apologize for any posting that have typos or duplicity. This sometimes occurs because I / we in the Levitt & I.T.T. Showcase Golf Club Neighborhood are old and poor, have little resources other than our kitchen tables & floors to do work on, and have much to do to address all the very rich Heritage and History of 'The Palm Coast Project'.
Secondly, my question to you. You state there is/was a Two Car Garage Requirement. If this is true I am completely perplexed. I am Steward of much of the early offerings of Levitt & I.T.T. Therein for decades all last Century 'shelter units' as they reference them, were for instance at Shangri La- one bedroom and up condos; at Kings Colony - one bedroom and up, the Palm Club - one bedroom and up, etc. For ' Homes ' offered by the *Braintrust* of Levitt and I.T.T. were offered from the ' San Marco ' one bedroom / one bath/ one car carport or the ' San Remo ' one bedroom / one bath / one car carport and other models offering more bedrooms, etc. up to FOUR bedroom of ' The Del Mar' Model. Enclosed carports/ garages were offered as ' options '.
To my knowledge, so far, over 125 + Models were offered by the Levitt & I.T.T. Braintrust most probably put in place to meet ALL the needs of all types of people.
RE: Walkability - the *Braintrust* set up ' Communities of Palm Coast ' clearly stating Palm Coast is comprised of Communities - hence walkability; We in the historic Levitt and I.T.T. Showcase Golf Club Neighborhood have sidewalks, have street lighting, etc.
There is more, but, my question about Two Car Garage requirement continues to perplex me. Can you offer more info. about this ?
Thank You.
As an aside, Dr. Elaine Studnicki - Historian - Palm Coast Historical Society will be offering a Power Point about the strategic plan for ' The Palm Coast Project - June 5th, 2018, 6:00 o'clock p.m., city hall for those interested in seeing it, being informed for future events, asking questions, or volunteering for groups, etc.
Thank you very much.
Palm Coasts first Model Homes prices and informati
Posted by George Edward Chuddy
May 19, 2018, 4:37 pm
Homes for Contemporary Living at Palm Coast.

*'...Palm Coast offers the utlimate in comfort, design, and contemporary Florida living. You will find a variety of homes styles designed to meet the needs of both small and large families. Whichever home you select you will enjoy a better life and a better way at Palm Coast....'

* A statement of offering statement has been filed with the Department of State of the State of New York. The filing does not constitute approval of the sale or lease or offer for sale or lease by the Department of State or any officer thereof or that the Department of State has in any way passed upon the merits of such offering. A copy of the offering statement is available, upon request, from ITT Community Development Corporation. NYA73-651.



From left to right and top to bottom:
The San Remo, The Santa Rosa, The Boca Rio,
The Del mar, The Andalusia, The San Marcos
The Ponce De Leon, The DeSoto, The DeBary.

MODEL HOME PRICE LIST:
The San Remo..............$ 15,090.
The Santa Rosa............$ 18,990.
The Boca Rio................$ 21,500.
The Del Mar..................$ 22,990.
The Andalusia...............$ 21,990.
The San Marcos............$ 14,990.
The Ponce De Leon.......$ 24,990.
The De Soto..................$ 18.990.
The De Bary..................$ 22,500.

All Homes have these features:
Central Aid Conditioning
Wood Cabinets
Stainless Steel Sink in Kitchen.
Ceramic Tile Floors and Walls in Baths
Complete Landscaping
Underground Utilities
Public Water and Sewers

All General Electric Appliances Including:

Built-in Dishwasher
Garbage Disposal
Push-Button Range and Oven
Two-Door Refrigerator Freezer
Automatic Washer and Matching Dryer

Optional Items:

Wood Shingle Roofs Sales Price:
The San Remo.................. $1,200.
The Santa Rosa................ 2,100.
The Boca Rio................... 1,800.
The Del Mar..................... 1,800.
The Andalusia.................. 1,800.
The San Marcos............... 1,500.
The Ponce De Leon.......... 1,700.
The De Soto.................... 1,700.
The De Bary...................... 2,500.

Stucco Exterior
Standard on all Houses Except:
The San Remo................... $ 900.
The San Marcos................. $ 750.

Enclosed Garage:
on all Models...................... $1,000.

Big Three Deluxe Appliances
Washer-Dryer-Refrigerator
Extra on all Models............. $350.

The aforementioned prices do not include the homesite which may vary in price due to location, water-orientation and other factors. Price of lot not included. All prices subject to change without notice
6/71

Note: Early on the San Marcos was discontinued and later replaced by the Valencia and the Coronado Models.
The Coronado $ 23,990. ; The Valencia $48,990. Fireplace in Valencia $ 2,590. Valencia Pool & Deck $ 6,450. Valencia Pool Enclosure $ 1,350.
P-PL72-110

Levitt & I.T.T. first Models offered:
The San Remo - 1 bedroom, 1 bath, living room, dining room, kitchen and one car carport with service area:

The San Remo is the modern answer to the demand for a small home and relaxed Florida living. The individuality of this centrally air-conditioned home is accentuated by its iron gates and unique interior design which offers a catherdral ceiling living room, a large master bedroom, bath, kitchen, dining room service room and carport.
Stucco finish and cedar roof shingles are optional, but a full line of General Electric appliances such as, washer, dryer, stove, refrigerator, and dishwasher are included in the base price.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice. Stucco finish and cedar roof shingles are optional at extra charge.

The Santa Rosa Model. This is the Model I own and am Steward. Its exterior is 100% accurate; I am slowly working on restoring the ' African Safari ' Design of the interior. This, along with Palm Coasts' first Historic Heritage MARKER can be seen at 13 Clark Lane. I hope this gives Palm Coasters a great ' sense of place '. If you wish to see more you can see my progress at Historic Marker Database and enter ' Palm Coast '. You can also view this at the State of Florida Historic Preservation Offices website; further information can be seen in the Palm Coast Levitt Collection at ' The Smithsonian'. Periodically, and finances and time permitting we send packets to ' The Smithsonian ' pursuant a request of me of the Chair there at ' The Smithsonian '.
You can also see my restoration process if you google Palm Coast Historic Resources and in the Headers select 13 Clark Lane.
Again, I hope this gives you a sense of being and a sense of place.
Thank you very much.

The Levitt and I.T.T. ' Del Mar ' Model: ( you can see the Historic Heritage MARKER for this since M/Mrs Joseph Costa are owners / Stewards of this ' Del Mar ' Model located also on Clark Lane.


The name, Del Mar, means "of the sea" and this fine home is designed to reflect the efficiency of a custom-built yacht. It offers central air-conditioning, one large master bedroom, plus three smaller bedrooms, two baths, an over-size kitchen with a 12 by 9 breakfast area, dining room, living room, combination carport and service room, plus a large screened porch.
Cedar roof shingles are optional, but stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and dishwasher are included in the base price.
If you have a large active family, the Del Mar offers you a lot of living at a very reasonable price.
The plans, landscaping and room sizes shown are approximate and subject to change without notice. Cedar roof shingles are optional at extra charge.

The Levitt & I.T.T. ' The Andalusia ' Model:


Architecturally the Andalusia is as charming and pleasant as its name implies. It offers you central air conditioning, two large bedrooms, a living room a dining room, plus a kitchen with a built-in breakfast area, and a social gathering spot which we call the "Martini Pit".
The Andalusia also offers a carport, a large utility room and a screened porch. Cedar roof shingles are optional, but, stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and dishwasher are included in the base price. Palm Coast offers you "a better place, a better life, a better way" and living in the Andalusia will help you realize a pleasant relaxed life at Palm Coast.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice Cedar roof shingles are optional at extra charge.

The Levitt & I.T.T. ' Ponce De Leon ' Model:


Ponce De Leon discovered Florida and you'll discover a new state of life in this magnificent centrally air conditioned home with three bedrooms, two baths, kitchen, dining room, foyer, living room, service area, large enclosed terrace, and carport.
Cedar roof shingles are optional, but stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator, and dishwasher are included in the base price.
Ponce De Leon never did find the fountain of youth but you'll find a new vitality, a younger point of view and a more enjyable life style when you live in a spacious modern home like the Ponce De Leon.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice. Cedar roof shingles are optional at extra charge.


The Levitt & I.T.T. ' The De Soto ' Model a.k.a. ' This Old Palm Coast House '. This can be seen also on Clark Lane.

The De Soto, named after the famed Spanish explorer, offers you a whole new world of Florida living. Its distinctive Spanish design and comfortable interior give you the opportunity to live as you'ver always wanted to. The De Soto offers you central air conditioning, two bedroom, two baths, a large size living room and family room, plus a kitchen service room and carport.
Cedar roof shingles are optional, but, stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and dishwasher are included in the base price.
You can explore all of Florida and not find a home that offers the style, the comfort or the convenience of the DeSoto which was designed for the Palm Coast way of life . The DeSoto's design and style identifies its owner as a person who has achieved what he wants in life.
Cedar roof shingles are optional at extra charge.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice.

The Levitt & I.T.T. ' The De Bary ' Model. This can be seen, along with a Historic Heritage MARKER on Casper Drive. Casper Drive is the entrance to ' The Palm Coast Golf Club ' later known as ' The Palm Harbor Golf Club '. The formal application process for Historic Status of this, Palm Coasts first Golf Club, has been started and assigned by the State of Florida Historic Preservation Offices as FL 000931. FL stands for ' Flagler County ' and the number is the numerical Sequence assigned by the staff at the State of Florida Historic Preservation Offices.


The BE BARY is one of our larger and more attractive homes. Its forged iron gates open into an attractive courtyard. You enter the house through a central foyer. The house offers central air conditioning, three bedrooms, two baths, living room, dining room, kitchen and breakfast area, plus a convenient service room, carport and large terrace.
Cdear roof shingles are optional, but stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and dishwasher are included in the base price. The De Bary is a home that says its owner has both taste and afflluence. The De Bary willl help you enjoy the Palm Coast way of life.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice. Stucco front is included in the base price. Full stucco, treatment and cedar roof shingles are optional at extra charge.


The Levitt & I.T.T. ' The Coronado Model ':









Homes for Contemporary Living at Palm Coast.

*'...Palm Coast offers the utlimate in comfort, design, and contemporary Florida living. You will find a variety of homes styles designed to meet the needs of both small and large families. Whichever home you select you will enjoy a better life and a better way at Palm Coast....'

* A statement of offering statement has been filed with the Department of State of the State of New York. The filing does not constitute approval of the sale or lease or offer for sale or lease by the Department of State or any officer thereof or that the Department of State has in any way passed upon the merits of such offering. A copy of the offering statement is available, upon request, from ITT Community Development Corporation. NYA73-651.













From left to right and top to bottom:
The San Remo, The Santa Rosa, The Boca Rio,
The Del mar, The Andalusia, The San Marcos
The Ponce De Leon, The DeSoto, The DeBary.

MODEL HOME PRICE LIST:
The San Remo..............$ 15,090.
The Santa Rosa............$ 18,990.
The Boca Rio................$ 21,500.
The Del Mar..................$ 22,990.
The Andalusia...............$ 21,990.
The San Marcos............$ 14,990.
The Ponce De Leon.......$ 24,990.
The De Soto..................$ 18.990.
The De Bary..................$ 22,500.

All Homes have these features:
Central Aid Conditioning
Wood Cabinets
Stainless Steel Sink in Kitchen.
Ceramic Tile Floors and Walls in Baths
Complete Landscaping
Underground Utilities
Public Water and Sewers

All General Electric Appliances Including:

Built-in Dishwasher
Garbage Disposal
Push-Button Range and Oven
Two-Door Refrigerator Freezer
Automatic Washer and Matching Dryer

Optional Items:

Wood Shingle Roofs Sales Price:
The San Remo.................. $1,200.
The Santa Rosa................ 2,100.
The Boca Rio................... 1,800.
The Del Mar..................... 1,800.
The Andalusia.................. 1,800.
The San Marcos............... 1,500.
The Ponce De Leon.......... 1,700.
The De Soto.................... 1,700.
The De Bary...................... 2,500.

Stucco Exterior
Standard on all Houses Except:
The San Remo................... $ 900.
The San Marcos................. $ 750.

Enclosed Garage:
on all Models...................... $1,000.

Big Three Deluxe Appliances
Washer-Dryer-Refrigerator
Extra on all Models............. $350.

The aforementioned prices do not include the homesite which may vary in price due to location, water-orientation and other factors. Price of lot not included. All prices subject to change without notice
6/71

Note: Early on the San Marcos was discontinued and later replaced by the Valencia and the Coronado Models.
The Coronado $ 23,990. ; The Valencia $48,990. Fireplace in Valencia $ 2,590. Valencia Pool & Deck $ 6,450. Valencia Pool Enclosure $ 1,350.
P-PL72-110

The Models can be viewed in the JPEGS below:










The Models:
















The San Remo is the modern answer to the demand for a small home and relaxed Florida living. The individuality of this centrally air-conditioned home is accentuated by its iron gates and unique interior design which offers a catherdral ceiling living room, a large master bedroom, bath, kitchen, dining room service room and carport.
Stucco finish and cedar roof shingles are optional, but a full line of General Electric appliances such as, washer, dryer, stove, refrigerator, and dishwasher are included in the base price.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice. Stucco finish and cedar roof shingles are optional at extra charge.
















The contemporary "Safari" design of the Santa Rosa gives you a preview of the kind of life you can expect to lead at Palm Coast. The Santa Rosa offers you central air conditioning, two bedrooms, two baths, a large kitchen and family area, plus a dining room, a living room, a combination carport and service area. Cedar roof shingles are optional, but stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and dishwasher are included in the base price. The Santa Rosa offers you a spacious living area, convenience and style, all you need to enjoy a new way of life at Palm Coast.
The plans, landscaping and room size, shown are approximate and subject to change without notice.

















The Boca Rio is a uniquely modern Florida design. The Boca Rio achieves architectural distinction by providing a lot of living space for families who want a small, well-planned liveable home. It offers central air-conditioning, ample closet space, two baths, a den, living room, dining room, kitchen, service room, carport, patio and a fully screened porch.
Cedar roof shingles are optional, but stocco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and a dishwasher are included in the base price.
It takes a lot of living to make a house a home and the Boca Rio is the kind of home you cn do a lot of living in.
It can be built on the Palm Coast homesite of your choice at a very reasonable cost.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice. Cedar roof shingles are optional at extra charge.
















The name, Del Mar, means "of the sea" and this fine home is designed to reflect the efficiency of a custom-built yacht. It offers central air-conditioning, one large master bedroom, plus three smaller bedrooms, two baths, an over-size kitchen with a 12 by 9 breakfast area, dining room, living room, combination carport and service room, plus a large screened porch.
Cedar roof shingles are optional, but stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and dishwasher are included in the base price.
If you have a large active family, the Del Mar offers you a lot of living at a very reasonable price.
The plans, landscaping and room sizes shown are approximate and subject to change without notice. Cedar roof shingles are optional at extra charge.















Architecturally the Andalusia is as charming and pleasant as its name implies. It offers you central air conditioning, two large bedrooms, a living room a dining room, plus a kitchen with a built-in breakfast area, and a social gathering spot which we call the "Martini Pit".
The Andalusia also offers a carport, a large utility room and a screened porch. Cedar roof shingles are optional, but, stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and dishwasher are included in the base price. Palm Coast offers you "a better place, a better life, a better way" and living in the Andalusia will help you realize a pleasant relaxed life at Palm Coast.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice Cedar roof shingles are optional at extra charge.

















Ponce De Leon discovered Florida and you'll discover a new state of life in this magnificent centrally air conditioned home with three bedrooms, two baths, kitchen, dining room, foyer, living room, service area, large enclosed terrace, and carport.
Cedar roof shingles are optional, but stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator, and dishwasher are included in the base price.
Ponce De Leon never did find the fountain of youth but you'll find a new vitality, a younger point of view and a more enjyable life style when you live in a spacious modern home like the Ponce De Leon.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice. Cedar roof shingles are optional at extra charge.
















The De Soto, named after the famed Spanish explorer, offers you a whole new world of Florida living. Its distinctive Spanish design and comfortable interior give you the opportunity to live as you'ver always wanted to. The De Soto offers you central air conditioning, two bedroom, two baths, a large size living room and family room, plus a kitchen service room and carport.
Cedar roof shingles are optional, but, stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and dishwasher are included in the base price.
You can explore all of Florida and not find a home that offers the style, the comfort or the convenience of the DeSoto which was designed for the Palm Coast way of life . The DeSoto's design and style identifies its owner as a person who has achieved what he wants in life.
Cedar roof shingles are optional at extra charge.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice.
















The BE BARY is one of our larger and more attractive homes. Its forged iron gates open into an attractive courtyard. You enter the house through a central foyer. The house offers central air conditioning, three bedrooms, two baths, living room, dining room, kitchen and breakfast area, plus a convenient service room, carport and large terrace.
Cdear roof shingles are optional, but stucco finish and a full line of General Electric appliances such as, washer, dryer, stove, refrigerator and dishwasher are included in the base price. The De Bary is a home that says its owner has both taste and afflluence. The De Bary willl help you enjoy the Palm Coast way of life.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice. Stucco front is included in the base price. Full stucco, treatment and cedar roof shingles are optional at extra charge.






No Floorplan available for The San Marcos Model.










This Packet Folder was given to all the, Visitors, the Prospective Buyers or Retirees. It held the Homes for Contemporary Living Models being offered. It included a 'handout' insert of the current Model Price Lists as referenced above. Then the people could go into the large A/V Room for the A/V Presentations; later taking the other 'Tours' if they were interested in purchasin. Great Business Acumen; a well-oiled machine to sell property.
This Folder reads:
Front:
Homes for Contemporary Living
Palm Coast
ITT Community Development Corporation
A subsidiary of International Telephone and Telegraph Corporation
Back:
Palm Coast
ITT Community Deveopment Corporation
28 West Flagler Street, Miami, Florida 33130
Telephone (305)358-3300
AD 2241
Areas that we knew that these were handed out were the S.R. 100/ Old Kings Road Gatehouse, The Welcome Center, and each of the Model Homes in the 'Exhibit Area'.









*The Coronado Model.
This Model was offered at/around 1972/1973 based on the Model Homes Price List change dates and also on the Advertising here year date. Since the First Neighborhood Core Area of homes already was completed there are no homes of this style there.
The Ad reads:
*The Coronado
Named after a famous Spanish explorer, answers the demand for a small home that offers lots of living space. The Coronado features central air conditioning, two bedrooms, a large kitchen and family area, living room, service room and carport.
Stucco finish and cedar-roof shingles are optional at extra charge, but a full line of General Electric appliances such as washer, dryer, stove, refrigerator and dishwasher are included in the base price.
You can easily find the style, comfort and convenience of the Coronado, built on the homesite of your choice.
The plans, landscaping, and room sizes shown are approximate and subject to change without notice.
A. Master Bedroom, 13'-11" x 10'-11"
B. Family Room, 15'1 x 10' -5"
C. Patio, 12' - 0" x 8' - 0"
D. Utility, 10' - 0" x 7'- 4"
E. Living Room, 17' -1" x 12' - 3"
F. Carport, 18' - 1" x 10' - 0"
G. Bedroom, 10' - 3" x 9' - 0"
1. Dishwasher, 2, Refrigerator, 3, Kitchen, 4. Linen and Storage Closet, 5. Walk-in Closet, 6. Heater, 7. Closet, 8. Washer, 9. Drer, 10. Bath, 11. Foyer, 12, Entry, 13. Planter.
* Homes for Contemporary Living at Palm Coast, Palm Coast offers the ultimate in comfort, design and contemporary Flkorida living. You will find a veriety of home styles designed to meet the needs of both small and large families. Whichever home you selet you will enjoy a better life and a better way at Palm Coast. All houses are architectural Renderings, AD8864 P-HB73-397
Palm Coast is a registered service mark of ITT Community Development Corporation.

The Levitt & I.T.T. ' The Valencia Model ':

The Valencia.
Offers you all the elegance of majestic old world styling, along with a whole new concept of modern living. Its unique design provides magnificent living accomodations complimented with the ultra-modern conveniences that give you the kind of 'dream living' you will find only at Palm Coast.
You enter the Valencia by a beautiful enclosed Spanish courtyard, that leads to a house that offers you central air-conditioning, three bedrooms, dressing area off master bedroom, two and one half baths, a sunken living room, a dining room, large kitchen with attached breakfast area, and spacious family room with optional fireplace, at extra charge.
The Valencia also offers a two-car garage, a utility room, storage room, and optional large screened-in porch, with a swimming pool and deck, at extra charge. Cedar roof shingles are optional, at extra charge, but stocco finish and a full line of deluxe General Electric appliances such as, washer, dryer, refrigerator, dishwasher, stove and self-cleaning wall overn are included in the base price.
A. Family Room, 15'-9" x 13'-2"
B. Dining Room, 13'-2"x 11' -8"
C. Sunken Living Room, 19' - 11" x 13' - 5"
D. Master Bedroom, 15' - 6" x 13'- 9"
E. Kitchen, 13' -3" x 19' - 8"
F. Breakfast Area, 7' - 11" x 7' - 10"
G. Bedroom No. 3. , 10' - 0" x 9' - 8"
H. Bedroom No. 2. , 13' - 3" x 10' - 3"
I. Two Car Garage, 20' - 11" x 10' - 1"
1. Swimming Pool., Optional at Additional Coast, 2. enclosed Patio, 3. Bath No 2, 4. Hall, 5. Dressing Area, 6. Bath No. 1, 7. Heather, 8. Linen, 9.Refrigerator. 10.Dishwasher, 11. Foyer, 12. Hall. 13 Storage Area, 14. Bath, 15. Utility Room, 16. Entry, 17. Patio, 18.Court Yard, 19. Court Yard.
1. Dishwasher, 2, Refrigerator, 3, Kitchen, 4. Linen and Sotrage Closet, 5. Walk-in Closet, 6. Heater, 7. Closet, 8. Washer, 9. Drer, 10. Bath, 11. Foyer, 12, Entry, 13. Planter.
* Homes for Contemporary Living at Palm Coast, Palm Coast offers the ultimate in comfort, design and contemporary Florida living. You will find a variety of home styles designed to meet the needs of both small and large families. Whichever homes you select you will enjoy a better life and a better way at Palm Coast.
Palm Coast is a registered service mark of ITT Community Development Corporation.

For the future we are hoping for a Christmas Walk around our special Historic Levitt & I.T.T. Showcase Golf Course Neighborhood'. We are also hoping for Architectural Students to view / study our Mid-Century Modern Homes.

There has been some preliminary interest in the above. Dr. Elaine Studnicki , ( just received ' Champion ' status at our cherished and beloved Golf Club ) will be giving a Power Point Presentation on June 5th, 2018 at 6:00 o'clock P.M, city hall. The Presentation will be for attendees and also for the City of Palm Coast Council showing all the ' strategic plan' she has. I also have lent her a beautiful ' The De Bary Model ' picture, custom framed - custom ordered by Ms. Daphne Paddison, residing on and Steward of another ' The De Bary' on Cooper Lane. It was initially done, the Architectural Rendering , by William BAEHR, notable Architectural Renderer, and referred to as ' The Blue Sky Guy' by President Donald Trump. We hope you enjoy viewing this wonderful ' Rendering' and also Dr. Elaine Studnickis' ' Power Point' presentation.

City Hall, June 5th, 2018, 6:00 o'clock P.M.

Thank you very much for listening.









 
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Don "Toby" Tobin is a licensed real estate professional affiliated with Grand Living Realty. 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.