Entries by Toby Tobin

U.S. Existing-Home Sales Slow in June but Remain Above Year-Ago Levels

With the scheduled closing deadline for the home buyer tax credits, existing-home sales slowed in June but remained at relatively elevated levels, according to the National Association of Realtors®.   Palm Coast, FL – July 22, 2010 Washington – With the scheduled closing deadline for the home buyer tax credits, existing-home sales slowed in June […]

Florida’s Existing Home, Condo Sales Rise in June 2010

Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive months that sales activity has increased in the year-to-year comparison, according to the latest housing data release Palm Coast, FL – July 22, 2010 ORLANDO, Fla. – Sales of existing homes in Florida rose 15 percent in June, marking 22 consecutive […]

Commentary: Why Are Loan Modifications So Difficult?

Some mortgage servicers may still be waiting for policymakers to offer more carrots to do modifications. Palm Coast, FL – July 21, 2010 By Selma Lewis, NAR Research Economist Underwater homeowners have been in the news lately as the foreclosure crisis looms large. In response to the increasing crisis and the lack of a coordinated […]

Property Flipper Charged with 23 Felony Counts

Mark Brivik, one of Southwest Florida’s most notorious property flippers, was arrested Monday on 23 felony counts related to a scheme that allegedly defrauded investors out of more than $4.1 million. Palm Coast, FL – July 20, 2010 By Michael Braga: Herald Tribune.com Mark Brivik, one of Southwest Florida’s most notorious property flippers, was arrested Monday […]

Mortgage Fraud Not Big in Attorney General Race

Rampant mortgage fraud played a major role in Florida’s real estate collapse. Yet for the five candidates running to be the state’s next attorney general, the issue has not been on the radar. Palm Coast, FL – July 19, 2010 By Jeremy Wallace: Herald Tribune Political Writer Rampant mortgage fraud during the housing boom played a […]

How is a Condominium Different from a Townhouse?

Even real estate practitioners don’t always know the answer, but the distinction is important. Palm Coast, FL – July 19, 2010 – I received a call from a real estate agent last week asking whether or not there were Townhomes in Marina Cove. There was a heated debate among agents in his office about the […]

GoToby.com Property Search Includes Pictures of Properties Again

A conversion early this year inadvertently omitted the link to property pictures. This problem has been corrected. Pictures are now displayed. Palm Coast, FL – July 19, 2010 – In the February/March timeframe, the Flagler County Association of Realtors® converted to a new MLS software provider. I assumed the conversion would not affect the search […]

Florida Receives Number One Workforce Ranking From CNBC

Florida reclaims top spot; among top three for third consecutive year. Palm Coast, FL – July 16, 2010 – Florida Governor Charlie Crist yesterday announced that Florida has been ranked number one in the nation for its workforce by CNBC. The ranking came in CNBC’s fourth annual America’s Top States for Business rankings which is […]

Homeowners Associations: The New Foreclosure

Florida is one of thirty-four states that allow for judicial foreclosures by HOAs Palm Coast, FL – July 15, 2010 By: Diana Olick: CNBC Real Estate Reporter "I had no idea that they could foreclose," Tony Goodman tells me. Neither did I, but Goodman’s homeowners association did just that in April because he owed $769 […]