Entries by Toby Tobin

TaxWatch: Florida Ranks 48th in State Tax Comparison

When combined with local revenues, Florida ranks No. 44 in a state-to-state comparison for per capita state and local taxes; and it ranks 36th state-to-state for revenue per capita. TALLAHASSEE, Fla. – April 28, 2015 – Florida's per capita state government tax and revenue collections are at their lowest points in decades, according to the […]

NAHB New-Home Forecast: Steady Now, More Next Year

Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will help keep the housing market moving forward throughout 2015 WASHINGTON – April 27, 2015 – Solid employment gains, attractive mortgage rates, a growing economy and pent-up demand will help keep the housing market moving forward throughout 2015 and into next year, according […]

GoToby.com Featured Property of the Week: 4-24-2015

This week’s property is a new 7th floor condominium listing at Palm Coast Resort with a 500 square foot balcony overlooking the Intracoastal Waterway and with ocean views. Palm Coast, FL – April 24, 2015 – This week’s featured GoToby.com property of the week is a new listing; a condominium at Palm Coast Resort. This […]

U.S. Existing-Home Sales Spike in March

Existing-home sales in the South climbed 3.8 percent to an annual rate of 2.19 million in March, and are now 11.7 percent above March 2014. Palm Coast, FL — April 23, 2015 — U.S. Existing-home sales jumped in March to their highest annual rate in 18 months, while unsold inventory showed needed improvement, according to […]

RealtyTrac: Fewer Florida Homeowners are Underwater

23.8 % of Floridians with a mortgage were seriously underwater, meaning the amount they owe on the mortgage is at least 25 % higher than their home’s current market value. IRVINE, Calif. – April 23, 2015 – RealtyTrac's U.S. Home Equity & Underwater Report for the first quarter of 2015 finds that Florida continues to […]

Palm Coast and Flagler 1stQ Real Estate Analysis

Short sales no longer a factor. REOs are declining as a percentage of all sales. Cash sales are down slightly. Inventory is down 8.9%. Generally, the market continues to get healthier. Palm Coast, FL – April 21, 2015 – As some parts of the country are talking about a housing market slowdown, the Flagler County […]

HUD Awards $3,791,216 to Help Homeless Florida Vets

In Florida, 26 local housing programs will share $3,791,216. For a complete list of impacted local programs, visit HUD’s website. WASHINGTON – April 21, 2015 – In the ongoing effort to end veteran homelessness, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) announced nearly $65 million […]

Strong U.S. Dollar Encourages Int’l Home Selling

Even if the home’s selling price did not rise over the past year, it went up in value for Europeans thanks to the money exchange rate. ORLANDO, Fla. – April 21, 2015 – The value of the euro has fallen recently in comparison to the U.S. dollar, and that gives some Europeans an ideal opportunity […]