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Market Update – May 26, 2016

Weekly Newsletter: SimplyWaterfront.com Above: Cannery Row - Opportunity from $799,000 - Townhomes The real estate market in the Downtown Delray Beach area along Atlantic Avenue from A1A (Ocean Blvd) to Swinton Avenue is strong with an absorption rate of 5.5 months. There is slightly over five months of inventory available. Luckily, there are properties coming on the market, however, there are only 250 active listings in the downtown area compared to 255 listings 30 days ago. According to the Beaches MLS, … [Read more...]

Market Update – May 19, 2016

 Weekly Newsletter: SimplyWaterfront.com South Palm Beach County continues to show strong residential real estate sales going into the third week of May. Most recent sales (14 days) include two sales of $10 Million; at 4 Golfview Road, Palm Beach and a highly desired corner waterfront home at the north end of Lake Boca located at 700 Lake Drive, Boca Raton, Florida.  There is currently a nice mix of coastal properties for sale to suit all price levels. Search Homes, Condos and Land For Sale   Barrier … [Read more...]

Market Update – May 11, 2016

Weekly Newsletter: SimplyWaterfront.com North Palm Beach & South Martin Counties have had a strong start to the 2016 year in residential real estate sales which continues into the early part of May. Most recent sales (30 days) include four of the five highest price sales being sold in house through Illustrated Properties. The most expensive was a single family home at $7.4 Million located at 118 Clipper Lane in Admirals Cove, a highly sought after waterfront community in Jupiter, Florida. Search Homes … [Read more...]

Market Update – May 04, 2016

Weekly Newsletter: SimplyWaterfront.com South Palm Beach County has seen an impressive start to the 2016 year in real estate which continues into the early part of May. Most recent sales (14 days) include at least three recorded home sales north of $10 Million with $17.95 Million (Gulf Stream); $16.53 Million (Highland Beach); $12 Million (Delray Beach) toping this weeks list. A Palm Beach residence sold for $39 Million in the past 30 days. The most expensive residences currently available include a $195 … [Read more...]

Market Update – April 26, 2016

Weekly Newsletter: SimplyWaterfront.com Downtown Delray Beach: Downtown areas including Swinton Road east to A1A with north & south boundary from George Bush Blvd to Linton Blvd as well as the Lake Ida area north of Atlantic Avenue. Search Homes and Condos For Sale in Downtown Delray Beach Active Listings: 255 Pending Sales: 76 30 Day Sales: 45 Highest Sold Price: $9.150 Million Sold Price > $1 Million: 11 Sold Price $500 - $1 Million: 15   South Palm Beach County: … [Read more...]

Market Update 04-20-16

Weekly Newsletter: SimplyWaterfront.com Barrier Island: South Palm Beach County Towns of Palm Beach, South Palm Beach, Hypoluxo Island/Lantana, Manalapan, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach and Boca Raton. Active Listings: 1,131 Pending Sales: 266 30 Day Sales: 128 Highest Sold Price: $39 Million (Palm Beach) Sold Price > $5 Million: 4 Sold Price > $1 Million: 37 Sold Price < $1 Million: 91   Coastal Residences: Boca Raton, Delray Beach and Boynton … [Read more...]

Market Update April 15, 2016

Palm Beach County is among the strongest preforming real estate markets in the nation and on top of the list for vacation home ownership on the east coast of the United States. While some people think that the real estate market is poised to slow down a bit, the coastal towns of Delray Beach, Palm Beach and Boca Raton continue to be in high demand and see little signs of slow down anytime soon. Housing report for Friday, April 15, 2016 for the barrier island from Palm Beach to Boca Raton. Active Listings: … [Read more...]

Simply Real Estate Talk – December 2015 Edition

In this edition of “Simply Real Estate Talk” by Randall, we reflect back on 2015 & prepare for 2016, introduce my new family member, provide updates to SimplyWaterfront.com, learn one way to cut years off your mortgage and an inspirational video from Tony Robbins. First and foremost, I would like to ask you to take a moment of silence to reflect on how grateful it is to be alive & to live today.  Remembering those that fight for freedom and those who lost lives from attacks around the world this year as … [Read more...]

Thinking About Buying or Selling on Your Own?

It seems that everyone has a real estate license these days.  I mean, how difficult can it really be... right?  Here in Florida, everyone knows someone that has a real estate license.  A friend, neighbor, co-worker or all of the above.  Amazing when I hear that people actually hire co-workers that sit in the cubical next to them to sell or help them purchase a home. Thinking about selling your home on your own?  Yes, it is possible.  But the odds are against you that you will get the full market value, much less … [Read more...]

End of 30 day home purchases?

Short answer is yes and no. Have you ever heard that cash is king? Well, cash may have officially earned the big KING word when it comes to real estate sales. More negotiating power as a cash buyer?  Maybe.  There will be no changes in how cash transactions are completed.  With financed purchases, there are some notable changes. New rules went into effect on October 03, 2015 that is intended to help protect the consumers by improving consumer understanding and to avoid closing table surprises. The changes … [Read more...]