Entries by Toby Tobin

Reynolds’ Downsized Plans for Former Ginn Development in N.C. Signal Changes for Conservatory and Gardens in Palm Coast

Average lot price at the Laurelmor launch was $625,000. New prices range between $125,000 and $175,000. Small village with some public access replaces planned opulent clubhouse. Palm Coast, FL – August 6, 2010 – An article found in the Winston-Salem Journal describes Reynolds Plantation’s plans to reposition Laurelmor. Reynolds subsidiaries purchased the development from Ginn-LA […]

30-Year Fixed Loans Below 4.5%

Freddie Mac reports loan rates hit a new low. 15-year fixed rate loans are under 4% Palm Coast, FL – August 6, 2010 – Freddie Mac reported that the interest rate on 30-year fixed loans hit a record low of 4.49 percent last week. The rate was 5.22 percent a year ago. Other numbers in the […]

GoToby.com Endorses Nate McLaughlin for County Commissioner

Nate’s land use knowledge and history of public service outshines Bob Abbott’s Palm Coast, FL – August 5, 2010 – The August 24th Flagler County, FL Election Primary gives voters an opportunity to vote for one of two candidates for the Board of County Commissioners; Nate McLaughlin and one-term incumbent Bob Abbott – Both are Republicans […]

Palm Coast and Flagler’s Foreclosure Future Not so Bleak

The number of foreclosure filings on the decline while the number of foreclosure sales is increasing – both good signs. There are fewer homes entering the process and more coming out the other end. Palm Coast, FL – August 5, 2010 – Before housing prices can rise, the number of distressed properties has to come […]

Rumored Hammock Beach Resort/RCI Timeshare Connection Not True

Conflicting information at first left the issue cloudy (thus a rumor), but timeshares are not allowed according to Hammock Beach condo documents. Palm Coast, FL – August 4, 2010 – If rumors about Bobby Ginn and Ginn-LA had calories, I’d weigh more than 300 pounds.  A few words here or a phrase there and pretty […]

Flagler County Commission Sets Rate to Lower Property Taxes

The rate, $5.5905 will mean a reduction in property taxes for most residents in Flagler County on the county portion of the tax bill. Palm Coast, FL – August 3, 2010 – The Flagler County Commission approved a tentative tax rate at Monday’s regular meeting that will bring in $2.7 million in tax dollars less that […]

Pending Home Sales Ease in Post-Tax Credit Market

Pending home sales edged down with near-term sales expected to be notably with the expiration of the home buyer tax credit, according to the National Association of Realtors®. Palm Coast, FL – August 3, 2010 Washington, August 03, 2010 – Pending home sales edged down with near-term sales expected to be notably lower in contrast […]

University of Central Florida Forecast Predicts Slow but Steady Growth

Florida’s housing market: a cautious convalescence continues Palm Coast, FL – July 30, 2010 – Florida is winning the slow race towards economic recovery according to the July Florida Economic Forecast published by the Institute for Economic Competiveness, College of Business Administration, University of Central Florida. Within Florida’s housing market, a cautious convalescence continues. Housing starts […]