Entries by Toby Tobin

Pending Home Sales Maintain Momentum in May

Pending home sales continued to rise in May and are now at their highest level in over nine years, according to the National Association of Realtors®. WASHINGTON  —  June 29, 2015 — Pending home sales continued to rise in May and are now at their highest level in over nine years, according to the National Association of Realtors®. […]

Supreme Court Rules on Disparate Impact

If otherwise unbiased policies result in unequal outcomes, they can be considered discriminatory according to a 5-4 decision. PALM COAST, FL – June 25, 2015 – Overshadowed by the Supreme Court’s Obamacare decision is another, more closely linked to housing and finance. Ruling 5-4 on a Texas case, the court tells us that even though […]

First-Time Buyers Fuel Latest Sales Boost

Existing-home sales rose in May to their highest pace in nearly six years, largely attributed to a big rise in the number of first-time home buyers, according to the National Association of REALTORS®’ PALM COAST, FL — June 22, 2015 — Existing-home sales rose in May to their highest pace in nearly six years, largely […]

GoToby.com House of the Week is in Lehigh Woods

The 2,558 square foot pool home is privately located on an oversized double lot with plenty of elbow room to enjoy the serene and peaceful setting. 3 BR plus 3 BA are arranged in a split floor plan. PALM COAST, FL – June 19, 2015 – GoToby.com’s House of the Week is in the Lehigh […]

52 Percent of Hispanics Say It’s a Good Time to Buy a Home

But Consumer sentiment among Hispanics fell two points in May to 89.77, the lowest since January, with four of the Index’s five components falling. BOCA RATON, FL – June 18, 2015 – Hispanic consumers are more optimistic about current economic conditions but have concerns about the future, according to the latest survey conducted by the […]

International Sales Dollar Volume Increases as More Upscale Buyers Enter Market, Say Realtors®

Florida remains the top destination for international buyers, claiming a 21 percent share of all foreign purchases. WASHINGTON  – June 18, 2015 – While total unit sales from international home buyers decreased from last year, total sales dollar volume increased 13 percent, according to the National Association of Realtors® 2015 Profile of Home Buying Activity of International […]