Entries by Toby Tobin

Economic Indicators: Weekly Update for June 19, 2011

A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – June 19, 2010 – Every week the National Association of Realtors® Research staff analyzes key data releases and explain what they mean for you and your business. In […]

Mortgage Interest Deduction Under Attack

This cornerstone of American housing policy has been in place since the inception of the tax code in 1913 and supports the aspirations of families at all income levels to become home buyers. Palm Coast, FL – June 16, 2011 – Today, the nation faces an unprecedented assault on housing that threatens to derail nearly […]

Court Receiver’s Letter Highlights Challenges at Reynolds Plantation

Highly amenitized golf communities face cash flow difficulties as long as the second home and luxury retirement home markets flounder. Palm Coast, FL – June 16, 2011 – GoToby.com has obtained a copy of a letter sent yesterday to Reynolds Plantation property owners and club members by the court appointed Receiver for Linger Longer Development […]

Beware: On-line Rental Ad May be a Scam

Fraudsters are using data from on-line real estate for sale ads to create rental ads that look legitimate. The real owners are unaware of the ads. Palm Coast, FL – June 13, 2011 – Are you using the internet to find a rental home or condo? If you are, you should be aware of a […]

Nation’s Population is Aging

The latest statistics released by the U.S. Census Bureau found that Maine and Vermont surpassed Florida and West Virginia as the states with the highest median age. Palm Coast, FL – June 13, 2010       The latest statistics released by the U.S. Census Bureau found that Maine and Vermont surpassed Florida and West […]

Economic Indicators: Weekly Update for June 10, 2011

A weekly analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – June 10, 2011 – Every week the National Association of Realtors® Research staff analyzes key data releases and explain what they mean for you and your business. In this […]

Foreign Purchasers See U.S. Properties as Secure Investment

Foreign purchasers buy U.S. property for investment, vacation, and locational reasons. Palm Coast, FL – June 8, 2011   Foreign purchasers buy U.S. property for investment, vacation, and locational reasons. NAR’s 2011 Profile of International Home Buying Activity reports that foreigners view U.S. properties as a secure investment, one that provides rental and long-term appreciation […]

Construction of Palm Coast’s New Wal-Mart is On Hold

A non-existent bond market cannot finance the second phase of the Old Kings Road widening plus Wal-Mart’s own business model challenges have combined to delay a promising construction project. Palm Coast, FL – June 8, 2011 – The much anticipated (at least by most) commencement of construction on the new Wal-Mart on Old Kings Road […]

Florida Couple Threatens to Foreclose on BofA Office

A retired police officer attempted foreclosure on a Bank of America office by pulling a moving truck up to the bank’s building and threatening to take furniture and other items. Palm Coast, FL – June 7, 2011 Maureen Collier and her retired police officer husband, Sgt. Warren Nyerges, found themselves in the predicament many Americans […]