Entries by Toby Tobin

New-home Sales Rise to 329,000 in December

Sales of new single-family homes rose almost 18% in December to the highest rate since last spring, but builders in 2010 still suffered through their worst year in modern times. Palm Coast, FL – January 26, 2011 – WASHINGTON (MarketWatch) — Sales of new single-family homes rose almost 18% in December to the highest rate […]

8 Cities Reach New Lows in Home Prices: S&P/Case-Shiller

Home prices were down in 16 of the 20 MSAs compared to a year ago, with just Los Angeles, San Diego, San Francisco and Washington, D.C., showing increases. Palm Coast, FL – January 25, 2011 – Home prices in November dropped 1.6% from the year-ago period and are down 1% from a month earlier, according […]

Trashed! Golf Course Home is Called Worst Mess

The roughly 3,000-square foot foreclosed house in a gated community now is undergoing about $250,000 in repairs. Palm Coast, FL – January 25, 2011 – A 2-story house on the Seacliff Golf Course in Huntington Beach is the worst example of "malicious vandalism” of a foreclosed home that a top Realtor for bank-owned properties says […]

Foreclosure Sales: Upscale Palm Coast/Flagler Real Estate

Partial list of real estate scheduled to be sold at February foreclosure auctions Palm Coast, FL – January 23, 2011 – The Flagler County Clerk’s February schedule of foreclosure sales includes several upscale (or once upscale) Palm Coast and Flagler County properties as even the affluent give up on their investment or simply run out […]

Forecast Update: NAHB/Wells Fargo Housing Market Index, Jobless Claims, Mortgage Purchase Applications, and Mortgage and Treasury Rates

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 – January 22, 2011 – The National Association of Realtors® Research staff now gives you a weekly analysis of the economic data released during the past week, and how […]

Judge Holds Bankers in Contempt, Threatens Jail

Representatives for six major banks that skipped a hearing in a Miami condo association receivership case could face the wrath of Miami-Dade Circuit Judge Jennifer Bailey today if they don’t show up. Palm Coast, FL – January 19, 2011 Representatives from six major banks that skipped a hearing in a Miami condo association receivership case […]

Flagler County Property Tax Exemptions: Filing Deadline Coming Soon

Flagler property owners have until March 1 to qualify for their 2011 property tax exemptions. Here’s a rundown on exemptions for which they may qualify. Palm Coast, FL – January 19, 2011 – According to James E. Gardner, Jr., Flagler County Property Appraiser, Flagler County property owners have until March 1 to qualify for their […]