Entries by Toby Tobin

NAR: U.S. Vacation Home Sales Plummet in 2016

Vacation home purchases last year declined to an estimated 721,000, down 21.6 percent from 2015 (920,000). It’s the lowest level since 2013 (717,000). WASHINGTON – April 12, 2017 – In 2016, the U.S. saw the strongest pace of home sales in a decade – but that included a sizeable drop in vacation buyers and an […]

House of the Week: Luxury Oceanfront Condo in Hammock Dunes

Price reduced. This professionally decorated 4 BR, 3 1/2 BA condominium shows like a model and provides 2,950 square feet of living area. PALM COAST FL – April 7, 2017 – GoToby.com’s featured property this week is an oceanfront luxury condominium in Hammock Dunes, Flagler County’s most prestigious private community. Built in 2004 by WCI Communities, […]

Fla. 1 of 16 States That Taxes Investment Homes More

States where the effective tax rate for investment homes was higher than the effective tax rate for owner-occupied homes included Florida, Pennsylvania, Michigan, Indiana and Arizona. IRVINE, Calif. – April 7, 2017 – The effective tax rate for investment homes was lower than the effective tax rate for owner-occupied homes in 34 states, including California, […]

Floridians’ Confidence Hits 15-year High in March

Consumer sentiment among Floridians rose last month to the highest level in 15 years, according to the latest University of Florida (UF) consumer survey. GAINESVILLE, Fla. – April 5, 2017 – Consumer sentiment among Floridians rose last month to the highest level in 15 years, according to the latest University of Florida (UF) consumer survey. […]

April 1st Commercial Construction Update: This is No Joke

Most people do not get a chance to visit all corners of Palm Coast and Flagler County to notice commercial construction activity so I did it today for you. PALM COAST, FL – April 1, 2017 – I’ve had several phone calls and emails lately asking questions like, “What’s happening on Colbert Lane just south […]

U.S. Pending Home Sales Leap 5.5 Percent in February

U.S. pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade. PALM COAST, FL — March 30, 2017 — Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National […]

House of the Week: Expanded Villa Home in Hammock Dunes

Newly listed 1 ½ – story pool home with wood-burning fireplace in the family room and fenced yard overlooking a lake. Only 850 yards from the Atlantic Ocean yet only $182,50 per square foot. PALM COAST, FL – March 24, 2017 – GoToby.com’s featured House of the Week brings us back again to Marbella Court […]

U.S. Existing-Home Sales Stumble in February

After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year-ago levels both nationally and in all major regions. WASHINGTON — March 22, 2017 — After starting the year at the fastest pace in almost a decade, existing-home sales slid in February but remained above year-ago […]