Palm Coast Real Estate & Home Builder Blog

Palm Coast Recreation

Palm Coast Model Home **REDUCED** $299,900

This home is loaded with features you must see to believe.

Palm Coast, Fl-Still The Fastest Growing Metro Area

10 Fastest Growing U.S. Cities 

The following is an article from Realtor Magazine Online: 

The fast-growing areas in the United States are in the Sunbelt, with Texas leading the way, according to data released today by the U.S. Census Bureau.

Dallas-Fort Worth added more than 162,000 residents between July 2006 and July 2007, more than any other metro area. Three other Texas cities — Houston, Austin, and San Antonio — also were in the top 10.

Experts credit much of the growth in the South to strong local economies and housing prices that are among the most affordable in the United States.

A report earlier this month by Global Insight found that housing prices in the Dallas area were undervalued by as much as 30 percent.

Other areas experiencing growth included the New Orleans area, which is recovering from Hurricane Katrina and grew by 4 percent or nearly 40,000 people. During the same survey last year, the population of New Orleans dropped by nearly 290,000 people.

Meanwhile, Detroit lost more than three times as many people as any other metro area — its population declined more than 27,300. Other areas losing more than 5,000 people were Pittsburgh, Cleveland, Columbus, Ga., Youngstown, Ohio, and Buffalo, N.Y.

The 10 biggest gainers:

1. Dallas-Fort Worth-Arlington, Texas: 162,250
2. Atlanta-Sandy Springs-Marietta, Ga.: 151,063
3. Phoenix-Mesa-Scottsdale, Ariz.: 132,513
4. Houston-Sugar Land-Baytown, Texas: 120,544
5. Riverside-San Bernardino-Ontario, Calif.: 86,660
6. Charlotte-Gastonia-Concord, N.C.-S.C.: 66,724
7. Chicago-Naperville-Joliet, Ill.-Ind.-Wis.: 66,231
8. Austin-Round Rock, Texas: 65,880
9. Las Vegas-Paradise, Nev.: 59,165
10. San Antonio, Texas: 53,925

The 10 fast-growing metro areas

1. Palm Coast, Fla.: 7.2 percent
2. St. George, Utah: 5.1 percent
3. Raleigh-Cary, N.C.: 4.7 percent
4. Gainesville, Ga.: 4.5 percent
5. Austin-Round Rock, Texas: 4.3 percent
6. Myrtle Beach-Conway-N.C.-Myrtle Beach, S.C.: 4.2 percent
7. Charlotte-Gastonia-Concord, N.C.-S.C.: 4.2 percent
8. New Orleans-Metairie-Kenner, La.: 4 percent
9. Grand Junction, Colo.: 3.7 percent
10. Clarksville, Tenn.-Ky.: 3.7 percent

Source: The Associated Press, Paul J. Weber (03/27/08)

The City of Palm Coast

2008 Parade of Homes- Volusia Home Builders Association

The Volusia County Parade of Homes began March 29, and will continue through April 6th.  Model homes are open Monday to Saturday 10 am – 6 pm, and Sunday noon to 6pm.  The Showcase home is located in Plantation Bay, built by ICI Homes.   There are 59 properties to see.

For more information you can find a guide book at any Volusia County SunTrust Bank location or in the March 29th issue of the Daytona Beach News Journal.

Or visit: http://realestate.news-journalonline.com/paradeofhomes/ 

Palm Coast Real Estate Market Update

This information was received from the Flagler MLS. Information is reliable but not guaranteed.

Palm Coast Active Residential & Under Construction Residential

# Listings: 1731

Avg. Price: $280,861

Low $79,900

High: $1,999,000

**351 arked as short sale**

Avg short sale price: $196,111

Low: $104,900

High: 1,199,000

***55 Lender Owned***

Avg Lender Owned list price:$182,830

Low: $79,900

High: $394,00

Sold Residential (close date after 2/28/08): 120 (24 were short sales)

Avg List Price: $213,272

Avg Sale Price: $198,750

Low: $81,000

High:$545,000

**Avg days on market 165**

Current Pending Residential: 126

Avg List: $199,792

Palm Coast Lots Sold (close date after 2/28/08) : 17

Avg. List Price: $60,253

Low: $24,800

High: $295,000

Avg Sale Price: $45,200

Low: $20,000

High: $255,000