Entries by Toby Tobin

Millennials Now Top Mortgage-borrowing Generation

By dollar volume, millennials now take out more mortgage money than any other generation, according to a study by Realtor.com. They have surpassed both Generation X and the baby boomers. SANTA CLARA, Calif., – Feb. 25, 2019 – By dollar volume, millennials now take out more mortgage money than any other generation, according to a […]

Fla. Consumer Confidence Fairly Steady in Jan.

Consumer sentiment among Floridians fell three-tenths of a point to 97.8 in January from a revised figure of 98.1 in December. It’s down 3.5 points year-to-year. GAINESVILLE, Fla. – January 30, 2019 – Consumer sentiment among Floridians fell three-tenths of a point to 97.8 in January from a revised figure of 98.1 in December. It's […]

Survey: Renters Want to Buy – Many Just Can’t Afford It

The lack of affordable and moderately priced homes has forced non-homeowners to delay achieving that part of the American Dream WASHINGTON – January 15, 2019 – Homeowners and non-homeowners both strongly consider homeownership part of the American Dream, according to new consumer survey data from the National Association of Realtors®(NAR). Among those polled, approximately 75 […]

Floridians’ Confidence Rises Despite Government Shutdown

After four months of consecutive declines, consumer sentiment among Floridians rose to 98.1 in December, up 3.1 points from November’s revised figure of 95. GAINESVILLE, Fla. – January 8, 2019 – After four months of consecutive declines, consumer sentiment among Floridians rose to 98.1 in December, up 3.1 points from November's revised figure of 95. […]

Breaking News: FEMA Reverses Flood Policy Decision

In a critical win for buyers and sellers of property requiring flood insurance during the partial government shutdown, (FEMA) will issue and renew flood insurance policies. Palm Coast, FL — December 29, 2018 — In a critical win for buyers and sellers of property requiring flood insurance during the partial government shutdown, the Federal Emergency Management Agency […]

Census Bureau: Florida Tops for Net Domestic Migration

Florida had the highest level of net domestic migration in the last year, at 132,602. Since 2010, Florida has gained a total of 1,160,387 people from net domestic migration. WASHINGTON – December 20, 2018 – The U.S. population grew by 0.6 percent over the past year, according to the U.S. Census Bureau. Larger states such […]

Flagler Co. and Palm Coast November Real Estate Wrap-up

While the U.S. real estate market is slowing down, our local market continues to show strength. PALM COAST, FL – December 10, 2018 — While the U.S. real estate market is slowing down, our local market continues to show strength. The number of U.S. single-family homes sold in 2018 has been less than the number […]

Most People Think There is a Housing Affordability Crisis

Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents say it’s a problem at local and state level as well. WASHINGTON – December 6, 2018 – Nearly three out of four American households believe that the nation is suffering a housing affordability […]