The REGNIER Group – Local Happenings – Real Estate and More: February 2018

Monthly Real Estate e-Newsletter: Edition #1, 2018 by The REGNIER Group at SimplyWaterfront.com

Welcome!  In this edition of “The REGNIER Group –  Local Happenings and More”: Six More Weeks of Winter, iPic Theater Delray Beach Collapse, Local Events, Recipe of The Month & Super Bowl Appetizer Ideas.

The goal of each edition is to provide real estate news, the local housing market, local happenings and tasteful recipes to name a few.

Six More Weeks of Winter

Delray Beach by SimplyWaterfront.comFebruary 02, 2017: Groundhogs Day 2018, Punxsutawney Phil (the groundhog) scurried out of his hole and saw his shadow.  This means hunker down for six more weeks of winter.  Despite the milder and dryer than average winter on the west coast of the United States, the eastern half of the country has felt the full force of Old Man Winter.  Here in Florida, we too haven’t escaped the cold; but naturally, our sub-tropical climate only teases us with an occasional cool day or two.  Northerners, keep sending your snow pictures my way and I will gladly email you pictures or a video of our beautiful beaches and tropical climate.

iPic Delray Beach February 01, 2018: The construction of the iPic Theaters in Downtown Delray Beach continues to create excitement.  The iron structure on the upper deck collapsed on Thursday.  Here is a picture I took this morning as crew prepare to remove the damaged beams.  Traffic delays are expected on SE 5th and SE 6th Avenues (US1 north and South) until repairs are made.

Local Happenings

1) Delray Beach Green Market – Every Saturday in the Old School Square from 9 AM – 12PM; Web Address: www.delraycra.org/greenmarket
2) Museum of Ice Cream – February is the last month, so visit while you can; Web Address: www.museumoficecream.com
3) Manatee Lagoon “ManateeFest” – February 3-4, 2018; Web Address: www.visitmanateelagoon.com
4) Boca Raton Seafood & Music Festival – February 10-11, 2018; Web Address: www.seafoodfestivals.com/S-53-Boca+Raton+Seafood+%26+Music+Festival.html
5) Palm Beach Fine Craft Show – February 16-18, 2018; Web Address: www.palmbeachfinecraft.com
6) The Lake Worth Street Painting Festival – February 24-25, 2018; Web Address: www.streetpaintingfestivalinc.org/index.php/info/about

Recipe of the Month

With cold/flu season in full swing, boosting your immune system is a must. There has been a lot of chatter about Elderberry and the benefits to help us combat sickness. You can purchase direct from a health food store, but at $15-$25 per bottle.

My wife Milissa recently made our first homemade elderberry syrup and here is the recipe. You can purchase dried Elderberry’s online and it’s recommend that you complete your own research prior to purchasing. (we ordered from: www.mountainroseherbs.com)

ElderberryElderberry Syrup
Yield: Approximately 16 fl oz

INGREDIENTS
• 1/2 cup dried elderberries
• 3 cups filtered water
• 1 cinnamon stick
• 6 whole cloves
• 2 Tbsp. fresh chopped ginger
• zest of 1 lemon
• 1 cup raw unfiltered honey

DIRECTIONS
1) In a medium saucepan, combine all ingredients except the honey.
2) Bring the elderberry mixture to a boil and then reduce the heat to simmer for 30 minutes.
3) Using a mesh strainer, strain the elderberry mixture into a glass bowl ensuring you squeeze as much of the juice you can using a spoon.
4) Mix the honey into the strained juice.
5) Pour the elderberry syrup into a glass mason jar and store in the refrigerator.
6) Dose is ½ tsp to 1 tsp for kids and ½ Tbsp to 1 Tbsp for adults 3 times day.  If the cold/flu does strike, take the normal dose every 2-3 hours instead of once a day.

Super Bowl Appetizers

Who’s excited for Super Bowl?  Here are a few favorite recipes.

1) Bacon beer cheese bread bowl; Web Address: www.hostthetoast.com/bacon-beer-cheese-bread-bowl
2) Easy Queso; Web Address: www.momfoodie.com/easy-queso-dip-recipe
3) Crock Pot Sweet Chili BBQ Kielbasa; Web Address: www.iowagirleats.com/2016/12/21/crock-pot-sweet-chili-bbq-kielbasa
4) Caprese Salad Skewers; Web Address: www.stuckonsweet.com/caprese-salad-skewers

Sign Up

The only tool you need to manage favorite listings & searches. Sign up to get email alerts, market updates and more.

8394 Eagleville Avenue

JUST SOLD – The Bridges – 8394 Eagleville Avenue

We are excited to share that Randall Regnier sold another magnificent home in Delray Beach.

Located in The Bridges, a high-end lifestyle community in Delray Beach, 8394 Eagleville Avenue, Delray Beach, FL 33446 sold on April 28, 2017 for the full asking price of $1,149,995.  The property went under contract and sale pending in just 21 days.  Previously listed for sale at $1.099 million, 8394 Eagleville Avenue in The Bridges was listed with another agent prior to Regnier winning the listing and suggesting a price increase of $50,000.  Randall is a seasoned real estate agent that clearly markets and positions homes to have the best opportunity to sell.

“I love every aspect about selling real estate; from working with such amazing sellers and buyers to the process of staging & using professional photography, to contract negotiations and the excitement of closing.  I am truly honored to continue to gain credibility by providing services that are top notch with listings that stand from everything else available for sale.  Outstanding Real Estate Services is the only way”.

8394 Eagleville Avenue - The Bridges

First Quarter 2017 – Tropic Isle Delray Beach

Quarterly Report: Q1 2017 – Tropic Isle, Delray Beach by SimplyWaterfront.comFirst Quarter 2017 - Tropic Isle Delray Beach

The number of single family homes sold in Tropic Isle, Delray Beach for Q1 2017 were five vs. six sales in the first quarter of 2016.  There was a noticeable decrease in the average sold price which correlates to lower living square footage of homes sold.  The sold price per living sqft was up drastically which indicates further price increases in the area.  All sales in this quarter were of homes built between 1957 and 1989.  Additionally, there are four pending home sales over $1 million to start Q2 which indicates a stronger second quarter.

First Quarter 2017 - Tropic Isle Delray Beach

Click to Search Homes For Sale in This Community

 

Special Offer to Sellers of Tropic Isle

When you list a home for sale with Randall Regnier in this community, your property will get the professional HDR photography package which includes High Dynamic Range photography of the exterior & interior.  Listings for sale will also automatically include the enhanced blue sky & exterior evening photography and may qualify for the optional full narrative video walk-through.  This package is worth well over $1,500 and is a FREE service to you when Randall is your listing agent in Tropic Isle, Delray Beach.  Positioning your home stand out among the other homes for sale in the community.

Click Here to learn more about selling your home.

Manalapan First Quarter 2017 real estate sales surpass $100 million

Quarterly Report: Q1 2017 – Manalapan by SimplyWaterfront.com

Manalapan

Manalapan, Florida, a town of 2.4 square miles (2 of which is water) is making quiet a name for itself in recent years and more specifically to start 2017. With over $100 million in first quarter sales, this small town located just south of Palm Beach is a top performer for all of Palm Beach County and South Florida for having several high end real estate sales.  Additionally, Manalapan, also has one of America’s most expensive home for sale at $195 million.

Click to search homes for sale in this community

Recent Manalapan sales include:

  1. 1460 S Ocean Blvd – Sold – $12.5 million on March 16, 2017; a vacant land sale of 1.52 acres with ocean-to-waterway frontage.
  2. 1370 S Ocean Blvd – Sold – $40 million on March 16, 2017; an estate home built in 1972 with ocean-to-waterway frontage.
  3. 920 S Ocean Blvd – Sold – $28 million on February 09, 2017; an estate home with 14,025/17,719 sqft built in 2016 with ocean-to-waterway frontage.
  4. 840 S Ocean Blvd – Sold – $20.23 million on February 23, 2017; an estate home built in 2008 with 12,244/16,087 sqft with ocean-to-waterway frontage.

Other Manalapan Sales 1st qtr 2017

  1. 63 Curlew Road – $4,045 million
  2. 110 Churchill Way – $1.7 million
  3. 70 Spoonbill Road – $1.15 million

There are currently 23 single family residences for sale ranging from $2.799 million to $195 million and four condo units available ranging from $775,000 to $2.499 million.

The ultra-high end Town of Manalapan is located south of Palm Beach and neighbors Ocean Ridge, Gulf Stream and the well known destination Town of Delray Beach to the south. Many of the homes in Manalapan are estate homes on large lots that stretch from the Atlantic Ocean to the inland waterway that connects direct to the Intracoastal Waterway.

Who owns a home here?  A: The ultra wealthy looking for a hideaway.

Presented by Local Real Estate Advisor Randall Regnier who can be reached at SimplyWaterfront.com.

Market Update – November 30, 2016

Weekly Newsletter: SimplyWaterfront.com

Key West by SimplyWaterfront.com

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 – 6:00pm with live music event following – Location: Atlantic Avenue Downtown Delray Beach

Click to see more Featured Events in Downtown Delray Beach

Downtown West Palm Beach

Sand Tree Lighting – December 01, 2016 – 6:00pm – Clematis Street

Click to see Featured Events at City Place in Downtown West Palm Beach

Jupiter

Holiday Boat Parade – December 03, 2016 – Starts at 5:00pm – Click here for more info

 

WEEKLY MARKET UPDATE

Now that the presidential elections are over, the housing market is starting to heat up again.  If you know anyone looking to sell or purchase a home in the next several months, please click here and complete a short form.

 

Downtown Delray Beach: Downtown Delray Beach including Lake Ida area off Swinton Avenue east to the Atlantic Ocean at A1A with north & south boundary from George Bush Blvd to Linton Blvd.

Active Listings: 243

Pending Sales: 44

30 Day Sales: 26

Highest Sold Price: $3.5 Million (1209 Seaspray Avenue)

Sold Price > $1 Million: 5

Sold Price $500 – $1 Million: 11

Search Homes and Condos For Sale near Downtown Delray Beach

 

South Palm Beach County: Boca Raton, Delray Beach, Boynton Beach (West of US1/Federal Hwy)

Active Listings: 5,123

Pending Sales: 951

30 Day Sales: 756

Highest Sold Price: $2.074 million (325 NE 7th Street, Boca Raton, FL 33432)

Sold Price > $1 Million: 16

Sold Price $500,000 – $1 Million: 76

Search Homes and Condos For Sale

“Request a Market Report” for a neighborhood that you have interest in.

Market Update – October 27, 2016

Weekly Newsletter: SimplyWaterfront.com

Custom Homes in Delray Beach

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 County is seeing strides in the housing recovery that is impacted by a county wide population growth of 1.7 percent for 2015, which is double that of the national average.  In fact, Palm Beach County is one of the fastest growing counties in America.  These days, it is all about securing a property for the future before millions more flock to Florida in the coming years for new job opportunities, the sub-tropical weather, tax benefits and affordable housing options among other reasons.

Search Homes and Condos For Sale

Downtown Delray Beach: Downtown Delray Beach including Lake Ida area off Swinton Avenue east to the Atlantic Ocean at A1A with north & south boundary from George Bush Blvd to Linton Blvd.

Active Listings: 241 ▲ 17

Pending Sales: 35 ▼ 7

30 Day Sales: 21 ▼ 4

Highest Sold Price: $4.25 Million (Delray Beach)

Sold Price > $1 Million: 6

Sold Price $500 – $1 Million: 6

Search Homes and Condos For Sale near Downtown Delray Beach

South Palm Beach County: Boca Raton, Delray Beach, Boynton Beach (West of US1/Federal Hwy)

Active Listings: 4,915 ▲ 160

Pending Sales: 1,811 ▼ 376

30 Day Sales: 899 ▼ 78

Highest Sold Price: $2.55 Million and $2.1 Million (Delray Beach)

Sold Price > $1 Million: 17

Sold Price $500,000 – $1 Million: 65

 

“Request a Market Report” for a neighborhood that you have interest in.

FEATURED

Above: 801 South Olive 430 – West Palm Beach

ONE CITY PLAZA – Offered at $250,000

One City Plaza - 801 S Olive Ave Unit 430 - Aerial Photo 1

OTHER NEWS

Ten-X study: 4 of 5 hottest home markets are in Florida

Florida real estate market rapidly returning to normal

Market Update – October 19, 2016

Weekly Newsletter: SimplyWaterfront.com

buyers-page-1000-s-ocean-boca-900-x-323-by-simply-waterfront-com

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 home sales ranging from $57,000 to $4.9 million to satisfy buyers in all price brackets.

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.

Single Family

Active Listings: 267 ▲ 16

Pending Sales: 23 ▼ 9

14 Day Sales: 3 ▼ 6

Highest Sold Price: $3.5 Million (Ocean Ridge), $3.125 Million (Palm Beach)

Sold Price > $5 Million: 0 ▼ 3

Sold Price > $1 Million: 2 ▼ 7

Search Homes For Sale on the Barrier Island

 

Condos, Villas & Townhomes

Active Listings: 756 ▲ 49

Pending Sales: 95 ▼ 7

14 Day Sales: 17 ▼ 7

Highest Sold Price: $1.4 Million (Highland Beach)

Sold Price > $1 Million: 3 ▼ 4

Sold Price $500,000 – $1 Million: 2 ▼ 5

Search Condos For Sale on the Barrier Island

 

Coastal Residences: Intracoastal Waterway to US1 for Boca Raton, Delray Beach and Boynton Beach

Active Listings: 557 ▲ 25

Pending Sales: 140 ▼ 12

14 Day Sales: 25 ▲ 3

Highest Sold Price: $4.9 Million (Boca Raton)

Sold Price > $1 Million: 4 ▼ 3

Search Homes and Condos For Sale

“Request a Market Report” for a neighborhood that you have interest in.

 

FEATURED

Video thumbnail for vimeo video Buyers - Visit Downtown Delray Beach & Worth Avenue

Above: 801 South Olive 430 – West Palm Beach

ONE CITY PLAZA – Offered at $250,000

 

OTHER NEWS

Forecast: 17 Million first-time buyers within 5 years

Walking on sunshine: Debut of solar sidewalks

Palm Beach: Expect consistent sales

Market Update – September 21, 2016

Weekly Newsletter: SimplyWaterfront.com

Ocean Ridge Home

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 Palm Beach, South Palm Beach, Hypoluxo Island/Lantana, Manalapan, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach and Boca Raton.

Single Family

Active Listings: 251 ▲ 4

Pending Sales: 32 ▲ 0

14 Day Sales: 9 ▲ 2

Highest Sold Price: $8.1 Million (Palm Beach)

Sold Price > $5 Million: 3 ▲ 3

Sold Price > $1 Million: 9 ▲ 3

Search Homes For Sale on the Barrier Island

Condos, Villas & Townhomes

Active Listings: 707 ▲ 31

Pending Sales: 102 ▼ 4

14 Day Sales: 24 ▼ 3

Highest Sold Price: $3.695 (Delray Beach)

Sold Price > $1 Million: 4 ▲ 3

Sold Price $500,000 – $1 Million: 7 ▼ 5

Search Condos For Sale on the Barrier Island

 

Coastal Residences: Intracoastal Waterway to US1 for Boca Raton, Delray Beach and Boynton Beach

Active Listings: 532 ▲ 2

Pending Sales: 152 ▲ 13

14 Day Sales: 22 ▲ 2

Highest Sold Price: $6.050 (Boca Raton)

Sold Price > $1 Million: 7 ▲ 4

Search Homes and Condos For Sale

“Request a Market Report” for a neighborhood that you have interest in.

FEATURED

One City Plaza - 801 S Olive Ave Unit 430 - Aerial Photo 1

Above: 801 South Olive 430 – West Palm Beach

Details: ONE CITY PLAZA – Offered at $269,000

2220 S Ocean Blvd, Delray Beach by SimplyWaterfront.com

Above: 2220 S Ocean Blvd 903 – Delray Beach

Details: SEASONAL RENTAL – Offered at $5,600

Market Update – September 15, 2016

Weekly Newsletter: SimplyWaterfront.com

Coastal Homes

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 at 2.77 percent and 30-year fixed-rate mortgage at 3.50 percent.  Long term mortgage rates are known to follow the yield on 10-year Treasury Notes, which has risen sharply to 1.70 percent from 1.54 percent a week ago.  Lenders charge fees known as points; average points charged this week is .5 (one half of a percent) for both the 30 and 15-year mortgages.  Click for Useful Contacts such as lenders.

Barrier Island: Towns of Jupiter, Jupiter Island, Jupiter Inlet Colony, Juno Beach, North Palm Beach, Singer Island, Riviera Beach, Tequesta and Hobe Sound

Single Family

Active Listings: 126

Pending Sales: 22

30 Day Sales: 14

Highest Sold Price: $2.5 Million (North Palm Beach)

Sold Price > $5 Million: 0

Sold Price > $1 Million: 3

 

Condos, Villas & Townhomes

Active Listings: 417

Pending Sales: 95

30 Day Sales: 53

Highest Sold Price: $1.925 Million (Tequesta)

Sold Price > $1 Million: 5

Sold Price $500,000 – $1 Million: 10

Search Homes and Condos For Sale

 

Coastal Residences: Waterfront & Coastal Properties in the Towns of Jupiter, Palm Beach Gardens, North Palm Beach (west of the Intracoastal Waterway and west to Alt A1A & Loxahatchee River Road as western boundary with the Loxahatchee River as the north boundary and Northlake Road marking the southern point)

Active Listings: 438

Pending Sales: 143

30 Day Sales: 75

Highest Sold Price: $2.4 million (Jupiter)

Sold Price > $1 Million: 9

Sold Price $500,000 – $1 Million: 13

 Search Homes and Condos For Sale

“Request a Market Report” for a neighborhood that you have interest in.

FEATURED

Above: 801 South Olive 430 – West Palm Beach

Details: ONE CITY PLAZA – Offered at $269,000

2220 S Ocean Blvd, Delray Beach by SimplyWaterfront.com

Above: 2220 S Ocean Blvd 903 – Delray Beach

Details: SEASONAL RENTAL – Offered at $5,600

Above: 2220 S Ocean Blvd 902 – Delray Beach

JUST SOLD – FULL ASK PRICE – $659,000

 

Market Update – September 07, 2016

Weekly Newsletter: SimplyWaterfront.com

Direct Ocean Views

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 vary greatly between them.  In coming weeks, we will be adding additional info such as average home prices in the area and releasing quarterly updates and trends.

Now that Labor Day is behind us, active inventory and pending sales should start to trend up in the coming weeks.

 

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.

Single Family

Active Listings: 247

Pending Sales: 32

14 Day Sales: 7

Highest Sold Price: $4.995 Million & $4.450 Million (Palm Beach)

Sold Price > $5 Million: 0

Sold Price > $1 Million: 6

Search Homes For Sale on the Barrier Island

Condos, Villas & Townhomes

Active Listings: 676

Pending Sales: 106

14 Day Sales: 27

Highest Sold Price: $1.425 Million (Palm Beach)

Sold Price > $1 Million: 1

Sold Price $500,000 – $1 Million: 13

Search Condos For Sale on the Barrier Island

 

Coastal Residences: Intracoastal Waterway to US1 for Boca Raton, Delray Beach and Boynton Beach

Active Listings: 530 ▼ 22

Pending Sales: 139 ▲ 5

14 Day Sales: 20 ▲ 4

Highest Sold Price: $2 million (Boca Raton)

Sold Price > $1 Million: 3

Search Homes and Condos For Sale

“Request a Market Report” for a neighborhood that you have interest in.

FEATURED

One CIty Plaza

Above: 801 South Olive 430 – West Palm Beach

ONE CITY PLAZA – Offered at $269,000

2220 S Ocean Blvd, Delray Beach by SimplyWaterfront.com

Above: 2220 S Ocean Blvd 902 – Delray Beach

SEASONAL RENTAL – Offered at $5,600

 

Contact Us

The REGNIER Group
"Outstanding Real Estate Services"

561.789.9171

Randall A Regnier
Florida Licensed REALTOR
Real Estate Wealth Advisor