Entries by Toby Tobin

Florida Real Estate Firm Joins Sotheby’s International Realty® Network

Hammock Dunes Real Estate plus Sotheby’s. The firm will do business as Hammock Southeby’s International Realty PALM COAST, Fla. – August 19, 2008 – Sotheby’s International Realty Affiliates LLC today announced that Hammock Dunes Real Estate Company in Palm Coast, Fla., has joined its luxury real estate network.    The firm now will do business […]

Demographics Point to Healthy Real Estate Market in Florida’s Future

Moving in the right direction Palm Coast, Florida In 2008, – August 18, 2008 – In 2008, more than 300,000 people will move to Florida, generating a demand for 150,000 for-sale and rental homes. Meanwhile, the state’s economy is likely to add 175,000 new jobs, strongly outperforming national averages. And a significant percentage of Florida’s […]

Tax Breaks for First-Time Home Buyers

The American Housing Rescue and Foreclosure Prevention Act of 2008 includes an important tax credit for first-time home buyers. Palm Coast, Florida – August 18, 2008 – When congress recently passed the American Housing Rescue and Foreclosure Prevention Act, it threw in some additional benefits. First-time buyers who purchase a home between April 8, 2008 […]

When Alan Greenspan Talks, Everyone Listens, but Should They?

Contrasting November ’06 comments on the housing market with those reported yesterday – hear from both sides of his mouth. Palm Coast, Florida – August 14, 2008 – No Chairman of the Federal Reserve, past or present, can match Alan Greenspan’s ability to mesmerize the public, the press, and Wall Street with every utterance. Each […]

The upside of Florida real estate: 20 market positives

Let’s take a look at some of the opportunities and positive indicators for the future of Florida’s real estate market. The upside of Florida real estate: 20 market positives Let’s take a look at some of the opportunities and positive indicators for the future of Florida’s real estate market. Long-term economic and demographic trends continue […]

Commercial Alliance Group Pays Investors Ahead of Schedule

Palm Coast Resort, Central Avenue Townhomes Earn Early Returns Palm Coast, Florida – August 13, 2008 – The company that purchased the remaining completed condominiums in the Palm Coast Resort project from Centex announced some good news in a press release issued from their Sanford-based headquarters. Portions of the release of particular interest to Palm Coast […]

Toll Brothers Reports Preliminary 3rd Qtr FY 2008 Totals for Home Building Revenues, Backlog and Contracts

Home building revenues, backlog, and net signed contracts all down Source: Toll Brothers, Inc. HORSHAM, Pa., Aug. 13, 2008 (PRIME NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, today reported that, for the third quarter ended July 31, 2008, home building revenues were approximately $796.5 million, backlog was approximately […]

Florida’s Top Financial Regulator Stepping Down Under Pressure

Don Saxon, scheduled to meet with Gov. Charlie Crist and Cabinet to propose new regulations emerges instead with a retirement announcement. Palm Coast, Florida – August 12, 2008 – Three weeks ago, a Miami Herald series exposed a gross lapse in oversight by the Office of Financial Regulation, which oversees the state mortgage industry. (related […]

Florida Palm Coast Flagler August 2008 Real Estate Newsletter

Credit woes of large developers Ginn and WCI Communities overshadowed any slight shifts in the local real estate market. Palm Coast, Florida – August 11, 2008 – The Palm Coast, Florida real estate market was fairly quiet in July with no dramatic shifts in any of the three markets I watch most closely; single-family residential, […]