palm coast real estate: Flagler County/Palm Coast Market Update 5/9/2011 - 05/09/11 11:45 AM
As the age old question goes in Real Estate, "How's the market doing?" In Flagler County and Palm Coast, FL . . . very postive. You can get a full break down of Residential Home Market Statistics for the area at PalmCoastHomeShow.com. But here's an overview of the market as of today:
There are 1196 homes for sale in Flagler County and 887 in Palm Coast. Both are some of the lowest levels of inventory in the last few years. Of the homes for sale 27% are 'short sales' in Flagler County and 32% in Palm Coast. Foreclosures represent 2% … (0 comments)
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palm coast real estate: Flagler County Sees Soft July But Still Up For The Year - 08/27/10 10:46 AM
Like the rest of the country, Flagler County and Palm Coast saw a dip in the number of home sale closing in July to the tune of about 28%. 103 homes closed in July of this year compared to 142 in July of 2009. Year to date, the area still remains 7% above last year through August 25th in terms of the number of home sales. August through 8/25/10 has seen 82 closings and is slightly below the same period in August last year when 94 homes closed.
The dip in the number of closings in July this year was … (0 comments)
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palm coast real estate: Palm Coast Real Estate Gets Great new Systems - 07/27/10 10:01 AM
Recently the Flagler County Association of Realtors began transitioning over to Sentrilock lockboxes. These lockboxes add far greater security and peace of mind for sellers. These lockboxes add in the following security features for sellers:
Double coded entry system. Wireless updating and reporting. Local Realtors are now able to see and be notified as to who is accessing a property and when. Realtors can assign 'day codes' for out-of-town Realtors showing a property which reduces appointment conflicts and insures properties can be shown when requested. Sturdy rubber-coated construction protects doors and handles while insuring the security of keys. This past year, … (1 comments)
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palm coast real estate: So What Is 'Walk Score' In Regards To a Property? - 07/12/10 11:16 AM
If you are shopping for properties these days, you may have noticed 'walk score' in the information are for the property online. Walk Score is a service that measures the distance of a property to important locations such as grocery stores, schools, etc. and then calculates an overall rank. This allows buyer the ability to better guage transportation costs in regards to making a home purchase.
Does it make a difference to buyers and property values? For example, does a property with a higher 'walk score' have a higher property value than a comparable property with a lower walk score? That's … (1 comments)
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palm coast real estate: Tax Credit Expiration Does Not Appear To Have Effected Performance In Flagler County & Palm Coast - 05/26/10 12:16 PM
Many (including myself) had been wondering what effect the expiration of the Home Buyer Tax Credit Program would have on local sales. In all honesty, I had expected to see a drop compared to the year before this month (May 2010). I am pleased to see that performance remains strong in the area.
The number of home sales for Flagler County through 5/26/2010 are +15% compared to 1/1/2009 through 5/26/2009 with median price at -9%. Likewise, 5/1/2010 through 5/26/2010 sales are +9% compared the same period the year before with medin price at -6%.
We are seeing steady and strong comparables each month and this … (1 comments)
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palm coast real estate: 2010 Flagler County Housing Market Sees 17% Gain - 05/07/10 11:28 AM
Through April of this year, the number of Flagler County residential homes sold has risen 17% compared to the same period in 2009. This period in 2009 saw 378 homes sold with 2010 seeing 442. 83% of those sales were up to $209,000 compared to 81% in 2009. Median price during these periods saw a decline 7% which was driven by the increase in the rise in the number of lower priced homes being sold. See the price bracket breakdown below.
The number of homes for sale today remains significantly lower than the level it has been over the last few … (1 comments)
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palm coast real estate: How Much Is Poor Presentation Costing You? - 04/15/10 10:41 AM
One of the difficult things to do in terms of listing homes for sale is putting a dollar value on upgrades and/or worn elements in a house that may need replacing. Sellers obviously want to know the bottom line with all things optimal and their home would sell at the suggested list price. We all want to get the most we can out of our homes and needing to improve the presentation can often be something that sellers do not want to do (i.e. replacing worn/stained carpeting, painting walls, etc.). But these minors fixes to the overall presentation can actually cost … (1 comments)
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palm coast real estate: Palm Coast & Flagler County Real Estate Outlook For 2010 - 01/17/10 07:55 AM
I am often asked what I think will happen over the next year in Real Estate in the area. We all wish we had a crystal ball to see into the future. This is especially true in the Real Estate word over the last few years. The only thing we can do is look at the data, activities, and trends to get a perspective on the upcoming year. My outlook based upon these areas is very positive for the area when it comes to residential home sales. Let's take a look:
Number of Sales of Residential Homes
2009 finished at about … (0 comments)
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palm coast real estate: Real Estate Overview: Positives From 2009 - 12/11/09 06:18 PM
At the beginning of this year I had said it would be an interesting year for Real Estate in the area. It’s no secret that Real Estate has had it’s challenges in the area over the last few years, but this year has shown some great positives. First, ‘the market’ when it comes to Real Estate can not be lumped all into one category. ’The market’ is broken into four main categories:
Residential Homes Land Condominiums Commercial
Each will perform differently. The primary segment that I focus on when posting local market data monthly on my website www.PalmCoastHomeShow.com … (0 comments)
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palm coast real estate: The Palm Coast Homes Show Is Now Mobile! - 11/09/09 09:49 AM
Earlier this year when I started www.PalmCoastHomeShow.com, the goal was to provide buyers an easy and powerful means to shop for Real Estate locally in the Palm Coast & Flagler County , FL area as well as provide sellers a means to get the most exposure for their property they wish to sell. As I shop through other websites myself, I have found it to be tedious and often limited to generic criteria such as price and sqaure footage. The shopper is then left with a list of homes that are scattered over the area and are left trying to narrow … (2 comments)
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palm coast real estate: Palm Coast & Flagler County Home Sales By Price Bracket - 11/08/09 08:47 AM
Just knowing how many homes is not always enough. It's important for those thinking of selling to know what the buyer make up of an area is in order to have reasonable expectations when thinking of selling. Front and foremost, as of the beginning of November we are about 8% above last year in terms of the total number of homes sold with 1166 for the county compared to 1074 from the same period last year. So what homes are selling? Let's take a look:
As can see, the primary price range in the area is up to $200k. About … (0 comments)
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palm coast real estate: Flagler County/Palm Coast Market Update 10-14-09 - 10/14/09 04:25 PM
I had said at the beginning of the year, that it would be interesting. And it has been just that. Moreso, it's been a year for some real positives in the area.
Palm Coast closed September 7% above the Residential Home Sales compared to the same time last year (961 vs. 894). The number of listings remains dramatically lower than previous years. Short Sales have been consistent at about 35% of all Residential Home listings in the area. The number of Residential Home Foreclosures remains very low at about 21 for sale with 167 sold for the year at only 57 Days-On-The-Market … (0 comments)
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palm coast real estate: Beautiful Saltwater Canal Home With Solar Heated Pool - 10/06/09 09:23 AM
Saltwater Canal Home With Solar Heated Pool … (2 comments)
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palm coast real estate: Beautiful 4 Bedroom Loaded With Comfort & Charm - 09/28/09 01:23 PM
… (0 comments)
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palm coast real estate: Palm Harbor Golf Course Update As Of 8/13/09 - 08/13/09 11:39 AM
Just recently, I received another update from the Friends of Golf Steering Committee who had recently met with Kemper Sports and the construction team. Their update contained the following:
1. The course is doing well. Sprigging was completed last Friday on the entire course. The rains which took place in mid-May caused some immediate problems, but these were overcome and things are now back on target. They have actually begun mowing greens on the first 11 holes that were sprigged. The greens have been sprigged with Bermuda Tifdwarf. The fairways and tees are Celebration Bermuda, a new strain of Bermuda which … (2 comments)
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palm coast real estate: Flagler County/Palm Coast Market Report July 2009 - 08/11/09 05:14 PM
We are seeing some very postive signs in the area and much needed stabilization. So why is stabilization important? Because value can not recover without it. Just a recap of some of the postives from the Residential House market:
Number of listings is remaining at their lowest levels in the last few years @ 1,342 for all of Flagler County & 969 for Palm Coast Number of Sales is slightly above this time last year with 773 houses for all of Flagler County & 716 for Palm Coast Year-to-Date. Foreclosures for sale have remained very light at 20 for all of … (0 comments)
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palm coast real estate: Presentation & Short Sales: Why Sellers Are Missing Out With Short Sales - 07/14/09 12:12 PM
It's no secret that many owners today find themselves in situations of having to sell their home as a "short sale". It's not an easy time for these owner. They are having difficulty making the payments, other life situations are probably adding to the stress (i.e. loss of a job, divorce, etc.), and the property has become more of a burden than a "pride and joy" in their lives. But these owners actually have a significant competitive advantage over regular property listings . . . buyer attention. Why? Buyers look for "deals". Short sales have a buyer expectation of "deal" associated … (0 comments)
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palm coast real estate: Flagler County & Palm Coast Market Report 7/12/09 - 07/12/09 12:47 PM
We are seeing very positive signs at this point with the number Palm Coast residential homes sales for the year slightly above the same period last year. We are also seeing the number of homes for sale dropping slighly from month to month. Below are the stats for Flagler County. Click here to to get the full report which includes Palm Coast, FL.
Disclaimer: Information based upon the Flagler County Association of Realtors MLS as of 7/12/2009 for Residential Houses. Information may be deemed reliable, but is not guaranteed
Visit www.PalmCoastHomeShow.com for the most powerful and comprehensive … (0 comments)
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palm coast real estate: The Florida Housing Opportunity Down Payment Assistance Program & The First Time Home Buyer Tax Credit: Know The Facts - 07/09/09 12:45 PM
The 'Florida Housing Opportunity Program' allows qualifying buyers the opportunity to use the 'First Time Home Buyer Tax Credit Program' as down payment monies. Under provisions of the Fedral Tax Credit program, FHA-approved lenders and non-profits were granted the ability to provide loans for access to the credit for down payment assistance. Instead of creating new offices, Florida chose to utilize it's existing home buyer assistance offices known as SHIP. Sounds great and easy, but buyers need to be fully aware of the program before trying to take advantage of it's benefits.
1. The program is administered by local Florida SHIP offices and guidelines for eligibility … (0 comments)
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palm coast real estate: Not All Short Sales Are The Same: Short Sale Myths - 06/26/09 11:10 AM
For anyone who has been shopping for Real Estate over the last year or two or if you are just beginning to shop, you would be hard pressed not to come across the term "Short Sale" on a least a few properties. Here in Palm Coast, houses for sale as a "Short Sale" represent a little over 30% of all houses for listed for sale in our MLS. I find myself talking short sale explanations on almost a daily basis with both buyers and sellers. I am also finding that many people have either made inaccurate assumptions or received inaccurate advice regarding "short … (0 comments)
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