Entries by Toby Tobin

Florida Cities at Top of Luxury Home List

America’s top cities and ZIP codes for luxury home listings and sales kept a stable pace of growth over the last year. MIAMI – April 13, 2016 – America's top cities and ZIP codes for luxury home listings and sales kept a stable pace of growth over the last year, according to Coldwell Banker Previews […]

2015 Vacation Sales Retreat, Investment Sales Leap

Vacation home sales cooled in 2015 but remained at the second highest amount in nearly a decade, and investment purchases increased for the first time in five years. WASHINGTON – April 8, 2016 – Vacation home sales cooled in 2015 but remained at the second highest amount in nearly a decade, and investment purchases increased […]

House of the Week: Meticulously Renovated Hammock Dunes Home

This 3,424 SF pool home in a private gated community has been completely renovated by a very talented construction and design team with the finest materials and attention to detail. PALM COAST, FL – April 8, 2016 – This week’s GoToby.com featured listing is less than 1,000 yards from the Atlantic Ocean, assuring cooling summer […]

Flagler Co. Home Sales Down in March, Prices Up

The local housing market is heating up. The median price for single-family homes rose 28.1% over March 2015. Distressed sales represented only 8.1% of sales compared to 27.0% one year ago. PALM COAST, FL – March 5, 2016 – Although some March home sales are yet to be reported to Flagler MLS, the picture is […]

Florida Consumer Sentiment Rises in March

The March reading is an 11-month high, though it’s still 3.9 points below its March 2015 peak, which was the highest reading in a decade. GAINESVILLE, Fla. – April 4, 2016 – Consumer sentiment among Floridians rose in March to 93.4, up 1.6 points from February's revised figure of 91.8, according to the latest University […]

Consumer Confidence Surges on Hopes for the Future

Consumers’ assessment of current conditions posted a moderate decline. Expectations regarding the short-term turned more favorable as last month’s financial markets turmoil appears to have abated. NEW YORK CITY – March 30, 2016 – The Conference Board's Consumer Confidence Index improved in March after falling a bit in February. The Index now stands at 96.2 […]

U.S. Pending Home Sales in February Reach Highest Level in 7 Months

Led by a sizeable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity in February. WASHINGTON — March 29, 2016 — Pending home sales rose solidly in February to their highest level in seven months and remain higher than a year ago, according to the National Association of Realtors®. […]

Builders: 25 Percent of New Home Costs Stem from Regulations

The regulatory burden includes costs associated with permitting, land development, construction codes and other financial hindrances. WASHINGTON – March 29, 2016 – Citing an acute shortage of affordable rental housing and severe regulatory burdens that drive up the cost of single- and multifamily housing for homebuilders and consumers alike, the National Association of Home Builders (NAHB) called on […]