sellers: The Seller's Are Getting It! - 08/02/10 08:30 AM
The main reason that the market is much busier now is the fact that the seller's are accepting what the market is telling them.  They have adjusted their prices and this is why we are seeing so many sales at this time.  Why does it take so long for everyone to see things in a realistic way?  Just human nature.  
 
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sellers: Boca Raton, Florida Real Estate is Very Active! - 06/03/10 09:25 AM
Real estate is busy here in Boca Raton, Florida as buyers are feeling very comfortable with the way the market is going.  They are looking for good values and not hesitating when they find it. Sellers should make sure their properties are priced right and look great as June and July will be busy.
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sellers: The Time Is Now - 10/14/09 03:01 AM
Prices seem to be stabilizing here in Boca Raton and while running the comps for several communities the numbers have really improved. Serious buyers are really taking advantage of the low interest rates and the current market conditions to secure their piece of what looks like the last part of one of the best buyers markets in history. Most people feel very comfortable buying at this time.
Buyers who are still on the fence should realize the time to act is now as market conditions are improving and as the inventory declines things will be much more balanced between the buyers and … (0 comments)

sellers: The Off-Season in Boca Raton,Florida - 05/26/09 03:54 AM
As we head into the real estate off-season here in Boca Raton, Florida many serious buyers are showing up looking to purchase great properties at great prices.  Its a great time of year because its the time we deal with serious buyers who have been watching the market and planning a purchase.  Sellers should keep their properties ready to show and expect an active off-season in Boca Raton and the surrounding areas.
 
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sellers: Time to Sell - 04/17/09 12:41 AM
Sellers should feel good about all this increased activity we have been seeing in the Boca Raton and surrounding areas.  Maybe you were trying to sell a few months back or need to sell your property in the near future and were hesitating because of the market but things are changing and now is the time to get your property on the market.  We are expecting the summer months to be active as pent up demand is relieved. Buyers are in town and buying across all price ranges.
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sellers: Why Short Sales Might Not Be the Best Deal - 03/23/09 01:49 AM
All you here about these days are short sales. Just the words short sale puts an incredible picture in the heads of buyers of incredible deals and something for nothing. This has alot to do with the low listing prices that they see on these short sale listings.  They see this incredibly low number and assume they will get it for even less than that and they also assume the bank will surely take whatever they can get.
This is nothing but an illusion because the bottom line is the bank has to approve the sale and they are looking for 90% of … (0 comments)

sellers: Seller Expectations - 03/19/09 07:26 AM
I have talked to many property owners this past week and there are still some that don't have a true picture of what is going on in the market.
Its very hard to forget how sweet it was in 2004/2005 and how fast things were appreciating. We have to forget that time and be realistic.  If you bought a property at the height of the market it has lost value and its important to realize that when things turn around values will start climbing again.  Thats why real estate is one of the best investments you can make. 
What many property owners are not seeing … (0 comments)

sellers: Good Value or a Steal - 02/20/09 12:38 AM
Many buyers are coming into town with the idea that they will be able to just steal any property on the market.  They assume the economy is bad and people will just be happy to sell their property. While there may be some truth to this, most sellers, especially in the luxury market are not going to give away their properties.
Serious buyers should be looking for good value and buy smart. Your not going to get a condo worth 1.5 million for $900,000.  If you could every Realtor in town would be flipping properties.
Sellers and buyers have to be realistic … (0 comments)

sellers: What You Can Do Today to Sell Your Home Tomorrow - 01/21/09 12:30 AM
Everybody is looking for the magic answer on how to get their property sold in today's slow market.  While there may not be a magic answer there are certainly things you can do to help the process along and at the end of the day you can feel that you have done everything that you could possibly due. Here are some things you should be doing.
 
1. Use a full time hard working Realtor.
2. Never miss a showing.  Even though it might be an inconvenience at times, never break this rule. The one you miss might be the buyer and in this … (0 comments)

sellers: Changing the Messenger Does Not Change the Message - 01/20/09 12:46 AM
When we are going through such challenging times alot is going through the minds of sellers. Many of them are experiencing an enormous amount of frustration, stress and anxiety depending on what kind of financial situation they are faced with. Many of these sellers have great Realtors who are working extremely hard under very difficult circumstances to get the property sold.
Assuming you have a hard working, intelligent agent who is giving you good information you are in good shape.  Sometimes even when everything possible is being done, unfortunately your property can still remain unsold. 
Sometimes the Realtor will have to inform the seller of things which they may not want to hear … (0 comments)

sellers: Now is the Time - 01/06/09 02:35 AM
The season is here and now is the time to acheive your goals.  Buyers should be out there looking for the property of their dreams and making a deal.  As a buyer you couldn't ask for more things that are in your favor.
Sellers should be listening to the market and adjusting their properties accordingly. Keep in mind your property is a commodity and the market determines the price.
Keep positive and keep moving forward.
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sellers: Happy New Year from Boca Raton - 12/29/08 09:41 PM
As we wind up the new year here in Boca Raton I am sure many seller's are glad to see it go. One thing is for sure, Boca Raton is packed with people and this will be a great season and many homes will be purchased lowering the inventory even more. There is light at the end of the tunnel and people will begin to feel alot better as it gets brighter.
Have a safe and happy New Year.
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sellers: Service Contracts - 12/18/08 06:23 AM
Service contracts are a great selling tool especially in a challenging market like we are in now.  When a buyer is shopping out properties, especially those in the lower price ranges, they definitely will lean toward a property that has a service contract in place knowing that they can enjoy peace of mind after they move in.
They are also not a bad idea to have for yourself especially the way they seem to be making appliances these days.  Years ago you bought a refrigerator or a dishwasher and you had it forever.  When you visited your mom with your kids hers … (0 comments)

sellers: The Effect of Foreclosures - 11/19/08 09:44 PM
Foreclosures have many different effects on many different things but obviously they have the most effect on the people who are losing their home.
Though a necessary part of this challenging real estate cycle, foreclosures also cause a big problem for other sellers trying to sell their homes and perhaps stay out of the foreclosure process themselves.  With the banks discounting so many properties throughout the country, sellers are finding it hard to compete with them. Its very important to price your home correctly as a seller but this is getting harder and harder to do for many sellers because of … (0 comments)

sellers: Snowbirds in Boca Raton - 10/27/08 08:35 AM
In Boca Raton we have traditional snowbirds who are arriving now to spend the winter and we also have the type who pay us a visit all throughout the year using their luxury property as a vacation spot for long weekends and extended stays. 
I am noticing the car haulers pulling into town and more and more people at the stores and its always a nice site because I know we are entering the season and it looks like it will be a good one as many people are calling to see properties. Lets hope sales continue to increase. If you are currently … (0 comments)

sellers: Palm Beach County Market Report for October 2008 - 10/16/08 03:13 AM
Things certainly keep getting interesting in Palm Beach County and sales are up mainly because of the very reasonable prices sellers are putting on their properties.  They are listening to the market and adjusting accordingly.  Also, foreclosures are certainly having an effect as buyers pick those up at great prices.  It remains a great time to go out and buy and take advantage of the buyer's market.  Below are the latest numbers for Palm Beach County.
 
Number of Properties on the Market  31,396
Total Properties Sold  1234
Total Pending      1221
Months of Inventory     24
Average Price per Square Ft.   $173
Average … (0 comments)

sellers: Housing and Economic Recovery Act of 2008 / H.R. 3221 - 08/13/08 07:36 AM
The Housing and Economic Recovery Act of 2008 has passed which means much needed assistance for the people who need it most and much needed help for our real estate market which has so much influence over many aspects of our economy.
Below are some of the highlights of this 650+ page bill.
 
FHA reform including permanent FHA loan limits.
Increased VA loan limits.
New Home Buyer Tax Credit - a $7500 tax credit for any qualified purchase between April 8, 2008 and June 30, 2009.  This acts like an interest free loan and is repayable over 15 years.
FHA … (0 comments)

sellers: What is a Short Sale? - 06/12/08 05:19 AM
A short sale is when the homeowners lender agrees to accept a payoff for less than what is truly owed on the mortgage.  When trying to buy a home advertised as a short sale keep in mind that the bank who holds the mortgage must approve the deal.  Some of these transactions can become very drawn out as the banks are overwhelmed and are very hard to work with at this time. These deals are only allowed under certain circumstances.  If the deal is accepted then it will close just like any other transaction.  As a buyer you may be facing endless delays waiting … (0 comments)

sellers: Boca Raton, Florida Luxury Property Report for May - 06/09/08 12:55 AM
The Luxury Home Market continues to do well in Boca Raton, Florida.  Below are the numbers for the month of May broken down into single family homes and condos priced at $1,000,000 and over.
Single Family Homes
Total Properties on the Market  576
Price Range  $1,000,000 - $24,900,000
Total Properties Sold  21
Price Range $1,068,000 - $10,300,000
Average Price Per Square Ft.  $456
Average Days on Market  244
Months of Inventory  44
 
Condos
Total Properties on the Market  130
Price Range  $1,000,000 - $5,950,000
Total Properties Sold  9
Price Range  $1,050,000 - $4,795,000
Average Price Per Square Ft.  $565
Average Days … (0 comments)

sellers: Why You Should Do A Home Inspection Before You Market Your Property - 05/22/08 07:20 AM
Home inspections can always be a source of surprises even in homes that are on the newer side.  When a home inspector comes in to do their job for the buyer it is their job to find anything that may be a problem.  Every home will turn up some minor issues and there also can be some bigger issues hiding that maybe the seller is unaware of. 
In this market it is very hard to find good buyers so it might  be a good idea to hire a professional home inspector to go through your home to find anything thats an issue so you can … (0 comments)