Entries by Toby Tobin

Rooftops Next Year at the Ginn-developed Conservatory

The Conservatory is poised for new rooftops in 2011 with architectural and landscaping changes as banks unleash foreclosure sales. The Gardens will be re-planned too. Palm Coast, FL – December 11, 2010 – The Conservatory, a residential golf course community in Palm Coast is poised for new rooftops, probably in 2011. The Property Owners Association […]

Local Market Monitor Finds Many Local Markets Hit Bottom in 3Q

Home prices in many U.S. markets hit bottom in the third quarter, but some large metropolitan areas, particularly in Florida, are still in trouble, according to data from Local Market Monitor. Palm Coast, FL – December 10, 2010 Home prices in many U.S. markets hit bottom in the third quarter, but some large metropolitan areas, […]

Forecast Update: Mortgage Rates, Deficit Commission Report, Mortgage Purchase Applications, Jobless Claims, Consumer Credit

Analysis of the economic data released during the past week, and how current economic conditions are affecting the real estate market. Palm Coast, FL – December 10, 2010 – The National Association of Realtors research staff now gives you a weekly analysis of the economic data released during the past week, and how current economic […]

Return to Normalcy

Slide Show presented by National Association of Realtors® economist Lawrence Yun Dec. 8 at the Macroeconomic Advisers Meeting in Washington, DC. Palm Coast, FL – December 9, 2010 – National Association of Realtors® chief economist Lawrence Yun presented "Return of Normalcy" at the Macroeconomic Advisers Meeting yesterday in Washington, DC. A picture is worth a […]

Real Estate Stats Losing Credibility

There are too many outside influences affecting real estate sales. Monthly numbers have less and less to do with underlying market conditions. Palm Coast, FL – December 6, 2010 – I’ve always watched numbers (and graphs and charts) for early indications of market changes and to determine trends, but too many outside influences are messing […]

Seasonality, Home Sales and Home Prices

On average, homes sales are approximately 80 percent higher during their peak in August than they are during their January trough. Palm Coast, FL – Deceber 3, 2010 – It is no surprise that there is a large level of seasonality in home sales data. Sales in existing homes tend to spike in warmer months, […]