Entries by Toby Tobin

Palm Coast Flagler Home Sales Post Healthy Gains

118 homes sold via MLS in Flagler Co. in November, up 42.2% from November ’08. Total sales volume was also up. Palm Coast, FL – December 2, 2009 – The Palm Coast and Flagler County real estate market is definitely showing signs of strengthening. 118 homes sold via MLS in November, up 42.2% from the […]

Nine Consecutive Gains for Pending Home Sales

Pending home sales have risen for nine months in a row, a first for the series of the index since its inception in 2001, according to the National Association of Realtors®. Palm Coast, FL – December 1, 2009 – Real estate news. Washington – Pending home sales have risen for nine months in a row, […]

Flagler Rotary’s Annual Holiday Fantasy Lights Begins Dec 1st

In its fourth year, the charitable fund raising event has grown from sixteen to twenty-eight themed light displays, many of them animated. Palm Coast, FL – November 30, 2009 – The Rotary Club of Flagler County and sponsors, The City of Palm Coast and Palm Coast Holdings, invite everyone to attend the fourth annual Holiday […]

Golf Courses Suffer as Recession Deals a Bogey

Hundreds of courses have closed, and once-exclusive country clubs have slashed fees or let in the public. Often linked to housing tracts, the greens and fairways have slumped along with real estate. Palm Coast, FL – November 25, 2009 – An excellent article found in the Los Angeles Times hits the nail on the head. […]

New Owner of Palm Coast’s Palm Harbor Plaza Improving Property

The tired Palm Harbor Plaza has a new owner. Upgrades will likely include a remodeled Publix. Palm Coast, FL – November 23, 2009 – Palm Coast’s Palm Harbor Plaza has a new owner; Chicago-based Inland Group. Palm Coast’s first shopping center had begun to look tired of late. Inland plans to update the real estate. […]

Chinese Drywall Linked to Metal Corrosion

Press Statement on Corrosion in Homes and Connections to Chinese Drywall from U.S. Consumer Product Safety Commission November 23, 2009 – A Press Statement on Corrosion in Homes and Connections to Chinese Drywall was issued today by the Consumer Product Safety Commission. Results from a major indoor air study of 51 homes are being released […]

Phantom Equity Created by Alleged Fraud Helped Real Estate Prices Soar

Lenders rely on comps. Inflate the comps so banks will approve the deals. Here’s how some allegedly did it. Palm Coast, FL – November 20, 2009 – My first article in this series, "Real Estate and Mortgage Fraud was Massive, Rampant" elicited several reader comments; a debate really. Choices have consequences. Aren’t buyers ultimately responsible […]

Crescent Resources LLC CEO Sees Positive Signs

Many were confused with today’s announcement that Morgan Stanley gave up ownership of Crescent Properties to lender Barclays. That was a different Crescent. Palm Coast, FL – November 20, 2009 – Several GoToby.com readers contacted me about a Wall Street Journal story announcing that Morgan Stanley had given back Crescent Properties to lender Barclays. They […]