Palm Coast Real Estate – Fastest Growing in US?

by Lynn on March 23, 2009

Is Palm Coast Real Estate the Fastest Growing in the United States?

Depending on the time frame that is used, Palm Coast is still the fastest growing community in the US. From 2000 through 2008, Palm Coast is the fastest growing city in the country according to the US Census Bureau. However, in the last year it has dropped to 54th fastest because of the real estate bubble bursting, but is still growing at 3.5%.

The reasons for that top growth ranking are still here. Here’s my top five reasons:

  1. Wonderful Weather
  2. Reasonably Priced Homes
  3. Lower Property Taxes than surrounding counties and cities
  4. Location – close to the ocean, river, Orlando, Jacksonville, St. Augustine and more…
  5. Recreation – golfing (lots of courses), boating, walking, biking, clubs, restaurants and more…

Palm Coast homes are very reasonably priced and when you factor in lower taxes, Palm Coast still holds the edge for many people who are looking for more home for the dollar. Many condos in Palm Coast are available for people looking for the advantages of lock and leave living.

Prices in Palm Coast are generally lower than Ormond Beach real estate and Daytona Beach real estate. And again, taxes are lower in Flagler County and Palm Coast than in Volusia County to the south.

So, while Palm Coast is not the fastest growing city over the past year, it is during this century. What that tells us is that many people are voting for Palm Coast by choosing to live here. Yes, they’re still coming, just in fewer numbers.

Call me at 386-566-7503 to talk about the wonderful opportunities for buying homes and condos in Palm Coast. We are seeing signs that the market may be turning. There’s no need to panic yet, but prices will soon hit bottom. If you are interested, look now so you know what’s going on the market, then buy when you feel ready.

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