Entries by Toby Tobin

Problems Related to New TRID Rules Seem to be Over

For the second consecutive month, the average time to close all loans was 44 days. WASHINGTON – May 25, 2016 – For the second consecutive month, the average time to close all loans was 44 days, suggesting that new mortgage rules that took effect last fall have less of an impact delaying loans, according to […]

Regulation: 24.3 Percent of the Average New Home Price

New NAHB estimates based on the latest data show that, on average, regulations imposed by government at all levels account for 24.3 percent of the final price of a new single-family home. PALM COAST, FL – May 25, 2016 – A new NAHB study shows that, on average, regulations imposed by government at all levels account for 24.3 percent of the final […]

Where Did the Ginn Boat Go?

Satisfying GoToby.com readers’ curiosity. The Sundancer story, is Racetrac still coming to Seminole Woods and what’s happening on US1 just south of Palm Coast Pkwy? PALM COAST, FL – May 19, 2016 – I get a lot of calls and emails from GoToby.com readers asking about one thing or another. Recently, three questions have popped […]

Should Short-term Rentals Be Taxed Like Hotels?

A panel of three experts in the hospitality industry sparred over how to protect property rights while leveling the field between hotels and short-term rentals. WASHINGTON – May 18, 2016 – A panel of three experts in the hospitality industry sparred over how to protect property rights while leveling the field between hotels and short-term […]

New Foreclosures: U.S. Rate Lowest in 16 Years

The percentage of loans on which foreclosure actions were started during the first quarter was 0.35 percent, a decrease of one basis point from the previous quarter, and down 10 basis points from one WASHINGTON, D.C. – May 17, 2016 – The delinquency rate for mortgage loans on one-to-four-unit residential properties remained unchanged from the previous quarter […]

Update – Palm Coast Commercial Building Permits

Commercial building permit activity is on the rise. A 7-Eleven is coming to Beach Village. Several projects have moved forward since the May 5th GoToby.com update. PALM COAST, FL – May 15, 2016 – Commercial building permit activity is on the rise in Palm Coast. Several projects have moved forward since the May 5th GoToby.com […]