Florida Real Estate News for Palm Coast and Flagler County Florida
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October 31, 2018 – Thirty percent of Flagler County’s population is age 65 or older (as of July 1, 2017 per U.S. Census Bureau), up from only 24.6 percent in 2010. The median age grew from 47.7 years to 51.6 years over the same period. The U.S. Census report puts Flagler County’s population among the oldest in the country.
October 29, 2018 ​– The City of Palm Coast will hold a workshop about housing rehabilitation opportunities for qualified individuals who want to repair and upgrade their homes.
October 23, 2018 – According to a recent study by the independent research institute Florida TaxWatch, Florida faces a $700 million tax increase if Amendment 2 fails, with a large majority of that tax burden falling on small businesses.
October 19, 2018 – GoToby.com’s Featured House of the Week is an impressive waterfront open floor plan, multi-level waterfront contemporary home. With boating access to the Intracoastal Waterway, you are only two blocks from the Atlantic Ocean. And all this in iconic Flagler Beach.
October 5, 2018 – An 88-unit apartment complex planned for Town Center is expected to be the first project in the City of Palm Coast’s new Innovation District – earning $440,000 in utility impact fee credits through a program designed to kick-start development in the downtown area.

Sept. 22, 2018 – Florida's housing market reported more sales, more new listings and higher median prices in August compared to a year ago, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 26,273 last month, up 4.2 percent compared to August 2017.
September 24, 2018 -- One car-garages will continue to be banned on ITT lots in Palm Coast, even though 38% of the original plats remain undeveloped after more than 40 years. The current standard requiring at least 1,200 SF of air-conditioned living area and a two-car garage is likely to be continued.
Sept. 5, 2018 – Consumer sentiment fell 2.3 points in August to 98.3 but with a revised figure of 100.6 in July, the Florida consumer sentiment index topped 100 points for the third time this year – an event not seen since 2000.
Aug. 31, 2018 – U.S. housing markets, when viewed as a whole, are now in rent territory, according to the latest national index produced by Florida Atlantic University and Florida International University faculty. That means renting and reinvesting additional money that would have been spent on homeownership will, on average, financially outperform owning and building equity.
Aug. 21, 2018 – ATTOM Data Solutions' Q2 2018 Pre-Mover Housing Index finds that Chicago, Washington, D.C., Orlando, Tampa-St. Petersburg and Atlanta posted the highest pre-mover index in the second quarter of 2018 in the larger-metro category. ATTOM says a high score is "predictive of a high percentage of homeowners moving in the third quarter."
August 16, 2018 – Builder confidence in the market for newly built single-family homes edged down one point to 67 reading in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), though any number above 50 means that attitudes are in positive territory.
August 9, 2018 — Amidst staggeringly low inventory levels in much of the country during the second quarter, existing-homes sales cooled and home prices maintained their robust level of appreciation, according to the latest quarterly report by the National Association of Realtors®. Last quarter, the San Francisco metro area joined the San Jose metro area for having a median sales price above $1 million.
August 8, 2018 – In a recent article published in the Insurance Journal, Lisa Miller, a Tallahassee-based former Florida Deputy Insurance Commissioner who served as an advisor on passage of Florida laws to encourage a vibrant private flood insurance market, makes a case for including a private flood insurance element in any updates to the National Flood Insurance Program (NFIP).
August 1, 2018 – The National Flood Insurance Program (NFIP) won't expire on July 31, 2018, as feared. NFIP will continue renewing or issuing new flood insurance policies for four more months under legislation overwhelmingly passed by the U.S. Senate on Tuesday.
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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.