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Market Update – November 30, 2016

Weekly Newsletter: The above picture was taken while on vacation in Key West this past week.  Some of my greatest childhood memories are camping in the keys and sharing Thanksgiving with family. LOCAL HOLIDAY EVENTS Downtown Delray Beach 100' Tree Lighting - December 01, 2016 - 5:00 - 9:00pm - Location: Old School Square & Atlantic Avenue Holiday Boat Light Parade - December 09, 2016 - 6:00pm Start - Location: Intracoastal Waterway Holiday Parade - December 10, 2016 - … [Read more...]

Market Update – October 27, 2016

Weekly Newsletter: The Downtown Delray Beach and South Palm Beach County area is seeing continued growth and demand for luxury rentals and new home construction throughout SPBC and especially along A1A with ultra- luxury home building.  Inventory in South Palm Beach County is on the rise which is welcomed.  Lower pending home sales are likely contributed to the election and the seasonally slower months leading to the anticipated busier than the average winter buying season. Palm Beach … [Read more...]

Market Update – October 19, 2016

Weekly Newsletter: This week’s market update covers coastal regions of South Palm Beach County.  Due to Hurricane Matthew's dramatic miss on South Florida, we did not post the last two weeks.  Now that business is back to normal, expect weekly market updates as scheduled. A quick look below clearly shows far fewer closings and pending sales, however, this is a normal occurrence for late summer and early fall.  Inventory is finally on a much needed rise. There was a wide range of … [Read more...]

Market Update – September 21, 2016

Weekly Newsletter: This week’s market update is for southern Palm Beach County’s barrier island and coastal regions. As expected, inventory is back on the rise over the past two weeks. There was a wide range of home and condo sales ranging from $80,000 to over $8 million. There were sales in all price brackets. A personal sale of $659,000 at 2220 S Ocean Blvd 902 in Delray Beach was among the most notable condo sales in Delray Beach. Barrier Island: South Palm Beach County Towns of … [Read more...]

Market Update – September 15, 2016

Weekly Newsletter: This week we focus on coastal areas of Northern Palm Beach & Southern Martin Counties.  In the past thirty days, there were 67 sales on the barrier island which is up five sales from last month and 53 total sales in coastal areas.  Inventory continues its downward trend this month with expectations that in the next month or so, we will see an uptick in inventory as the selling season approaches. Mortgage rates remain at historically low rates, with 15-year fixed … [Read more...]

Market Update – September 07, 2016

Weekly Newsletter: This week, we turn our attention to the barrier island of Central and Southern Palm Beach County as well as waterfront communities on the west side of the Intracoastal Waterway in Southern Palm Beach County. Over the last two weeks, pending and sold properties remain strong but down slightly from our latest bi-weekly update. Beginning this edition, single family residences will have a separate category from condos, villas and townhomes as market demands and prices … [Read more...]

Happy Labor Day 2016

It’s hard to believe that we are now in September and the Labor Day weekend is upon us.  Marking the end of summer for northerners and just another day in paradise for Floridians.  All eyes turn to tropical system Hermine that will likely have many up and down the northeast coast turning to a plan b instead of one last trip to the shore. Here in South Florida, we are expecting sun with a high chance of fun.  From your South Florida Trusted Real Estate Advisor, have a safe holiday weekend! Come back next week … [Read more...]

Market Update – August 24, 2016

Weekly Newsletter: Thinking a real estate slowdown?  Not so fast.  Several sources have indicated that home sales are up drastically, by double digits in many locations nationally from this time last year.  Florida is a leading state for existing and new home construction sales.  In fact, home sales are at the highest level since 2007 and locally, inventory continues to shrink. Downtown Delray Beach: Downtown Delray Beach including Lake Ida area off Swinton Avenue east to the Atlantic … [Read more...]

Market Update – August 19, 2016

Weekly Newsletter: Over the past several weeks, we have made additional updates to the webpage  The latest updates include enhanced "Property Search" options and a "Video" menu button.  The new property search options include additional cities to choose from in property searches as well as customizable property searches under the "Waterfront Properties, Oceanfront Properties and Coastal Properties" menu buttons located at the top of each page. On the first and … [Read more...]

Market Update – August 10, 2016

Weekly Newsletter: On the second week of the month, we focus on coastal areas of Northern Palm Beach & Southern Martin Counties.  In the past thirty days, there were 62 sales on the barrier island and 93 sales in coastal areas of Northern Palm Beach and South Martin Counties the previous month.  Inventory in all areas are also down which has helped create some urgency. Search Homes and Condos For Sale Barrier Island: Towns of Jupiter, Jupiter Island, Jupiter Inlet Colony, Juno Beach, … [Read more...]