During the boom in 2004-2006 the builder's couldn't build fast enough. the mortgages were 100% with incentives. then the media burst the bubble and our ranking of the fastest growing county for 5 years slowed, but to our surprise its still the fastest growing. The prices have dropped dramatically due to the 100% mortgages, the investors who just walked away and the builder's that are stuck with inventory.
Those happenings have caused an extreme amount of home for sale, either short sales and foreclosures.
The job opportunities are few due to the downturn in the building industry, the ripple effect. Our largest employer is the school system and then Sea Ray Boats. Sea Ray extended the summer vacation to an exended length without pay, due to the downturn in boating, once again the ripple effect. Building in the commercial area is strong with the new Palm Coast Town Center, adding to the opportunities in the retail field. Palm Coast and Flagler County in general has lower taxes than St. John's to the North and Volusia County to the South.
Our weather is 3 seasons, Summer, Fall, Spring. Winter is sometimes very cold. i've seen it snow lightly on Christmas and then other years its a beach day for Christmas. I've lived here for 31 years. Its a great county to live in. Linda Kasper, Tavolacci Realty, Inc.