Entries by Toby Tobin

Ranked Second, 17.8 Percent of Florida Homes Have Negative Equity

Top five states where mortgaged residential properties have negative equity are Nevada (19.0%), Florida (17.8%), Arizona (14.6%), Rhode Island (12.3%) and Maryland (12.1%). PALM COAST, FL – December 15, 2015 – Florida ranks second among states where mortgaged residential properties have negative equity. The top five are Nevada (19.0%), Florida (17.8%), Arizona (14.6%), Rhode Island […]

November Flagler Home Sales Down 27 Percent Year-Over-Year

Drop attributed to Dodd-Frank mandates. CFPB’s new “Know Before You Owe” TILA-RESPA Integrated Disclosures Rule (TRID) increases the time for loan initiation and closing by an estimated 15 days. PALM COAST, FL – December 14, 2015 – Year end housing market statistics will be warped this year. The Consumer Financial Protection Bureau’s new “Know Before […]

Forecast: Fla. Home Sales to Rise 8-10 Percent in 2016

Against the backdrop of an expanding state economy with growing employment, home sales should increase by 8-10% over 2015 (numbers) and home prices (measured as actual value) should rise by about 5%. ORLANDO, FL – December 14, 2015 – "For most of 2015, the Florida real estate market has outperformed the nation as a whole," says Florida […]

NAR report – Remodeling Helps Even if not Selling

Remodeling projects can also be a major benefit for homeowners who choose to remain in their homes WASHINGTON – December 9, 2015 – Homeowners preparing to sell often make home improvements that can help yield positive results and garner top dollar from buyers. But according to the 2015 Remodeling Impact Report from the National Association of […]

Why November Home Sales Will Disappoint

It’s not about the housing market. The real culprit is the Consumer Financial Protection Bureau’s new Know Before You Owe TILA-RESPA Integrated Disclosures Rule (TRID). PALM COAST, FL – December 4, 2015 – Reported November home sales are still trickling in. It will be another week before final home sales numbers are known, but preliminary […]

Your Voice, Your Future: Take Palm Coast’s Online Citizens Survey

For the first time ever, all Palm Coast residents now have the opportunity to take the City’s annual comprehensive citizen survey through an online version of the survey. PALM COAST, FL – December 3, 2015 – For the first time ever, all Palm Coast residents now have the opportunity to take the City’s annual comprehensive citizen […]

Realtor.com 2016 Housing Forecast: Best Since ’06

New home construction and moderate gains in the existing home market will deliver a one-two punch that pushes total home sales to the highest levels since 2006 SAN JOSE, Calif. – Dec. 3, 2015 – New home construction and moderate gains in the existing home market will deliver a one-two punch that pushes total home […]