Entries by Toby Tobin

Toll Brothers Reports FY 2011 2nd Qtr and 6 Month Results

Losses, write-downs, and cancellations down. Net signed contracts up. HORSHAM, Pa., May 25, 2011 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, today announced results for earnings, revenues, contracts and backlog for its second quarter ended April 30, 2011. The Company reported a FY 2011 second-quarter net loss […]

Commercial Real Estate Markets Stabilizing, Demand Growing

The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®. Palm Coast, FL – May 24, 2010 – The improving economy and job creation mean growing demand for commercial real estate, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said job […]

Florida Insurance Firm Asks for 27% Hike in Homeowner Premiums

The requested rate hike is still under review by state regulators. Palm Coast, FL – May 23, 2011 Fidelity National Property and Casualty Insurance Co. asked Florida insurance regulators this week to allow the firm to raise its homeowners’ insurance rate by 27.6% to offset an influx of claims, according to Stephen Alexander, an actuary […]

New Life for Old Brick Township

Turned down last year by the state Department of Community Affairs, the 5000-home project gets new life under changed political winds. Palm Coast, FL – May 23, 2011 – UnderThomas Pelham, the state Department of Community Affairs turned down Old Brick Township within the newly annexed western portion of Palm Coast. The project had gotten […]

New Military Property Tax Exemption Deadline – June 1, 2011

A voter approved Property Tax Exemption is available for the 2011 tax year for military personnel deployed outside the United States. Palm Coast, FL – May 20, 2011 – According to Flagler County Property Appraiser, James E. Gardner, Jr., CFA, a voter approved Property Tax Exemption is available for the 2011 tax year for military […]

Echo Boomers And Home Buying

Echo boomers—children of baby boomers—grew to the largest segment of home buyers in the most recent Profile of Home Buyers and Sellers. Palm Coast, FL – May 20, 2011 – Echo boomers—children of baby boomers—grew to the largest segment of home buyers in the most recent Profile of Home Buyers and Sellers. In fact, more […]

Economic Indicators: Weekly Update for May 20, 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 – May 13, 2011 – Every week the Research staff analyzes key data releases and explain what they mean for you and your business. In this update, we give […]

Have a Nice Weekend

See the Palm Coast Weather forecast compared to Rochester NY, Chicago, New York City, Boston, Toronto, Quebec, Portland, and Minneapolis. Palm Coast, FL – May 20, 2011 – What’s your upcoming weather look like compared to Palm Coast, FL? You really should be here this weekend and next week too. If you’re already in Palm […]

Foreign Buyers Recognize Value of Home Ownership in U.S.

The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this year, one of the highest increases in recent years. Palm Coast, FL – May 19, 2011 – The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this […]