After July’s buoyant home-sale figures in Flagler County, which hit a post-recession high of 243 closed sales for the month, August’s numbers are somewhat less bubbly, but the trend remains solidly positive even as interest rates creep up.
local economy
Home Sales in Flagler Hit Post-Recession High as Time On Market Declines and Prices Rise
Homes for sale in Flagler County have spent on average just 55 days on the market, also a post-recession low, while the median sale price of $155,000 in July in Flagler improved an impressive 7 percent on June’s median of $144,500, and 19.7 percent on the median price a year ago,
Sea Ray Boats in Palm Coast Benefits from Plant Closures Elsewhere, With Cautions
Consolidation will likely add to the payroll in Flagler County, and do so with well-paying manufacturing jobs. It also puts to rest, at least for now, worries that Sea Ray’s local plant would either close. But the company is facing tough economic headwinds even as it stock soars to seven-year highs.
Answering Palm Coast, Thrasher Will Pitch Internet Cafe Bill, But Reach May Be Limited
Palm Coast officials want state lawmakers to either ban or more strictly regulate and possibly tax gambling parlor-like internet cafes. Sen. John Thrasher is proposing a moratorium on the parlors, which may not match local demands, as a moratorium was already executed in Palm Coast.
County Raises Bed Tax to 4%, a Victory for Milissa Holland’s Tourism Marketing Thrust
The higher tax, Milissa Holland argued, will broaden Flagler County’s marketing power, drawing more visitors and creating more jobs for local, small businesses.
Palm Coast Consistently Beating Florida As Taxable Sales Indicators Continue to Improve
Tourism and retail sales, and fewer people traveling elsewhere to buy goods, are keeping Palm Coast’s taxable sales among the most-improved in the state, compared with 2009.
Spy-and-Snap Red-Light Cameras Will Enrich Private Company At Palm Coast’s Expense
The traffic cameras generated $1.7 million for Palm Coast since 2008. Most of that money will now go to a private company and to Tallahassee, while the cameras keep snapping.
Flagler Unemployment Lowest in a Year, Remains State’s Highest; Florida’s Dips for First Time Since 2006
Led by federal census jobs and tourism jobs, Florida’s employment rolls showed their best gains in four years. Flagler’s decline is due in part to population loss. The complete April unemployment report.
16.9% Unemployment in Flagler, 11.6% in Fla.
One in six working-age adult is out of work in Flagler County, the highest proportion in the county’s history.
