Low interest rates=Climbing mortgage applications - 05/20/09 04:06 PM
A push by homeowners to lock in near record-low interest rates drove mortgage applications higher last week, as refinancing demand overshadowed a drop in loan requests to buy homes, the Mortgage Bankers Association said Wednesday.
Average 30-year U.S. mortgage rates edged up 0.03 percentage point to 4.73% last week, slightly above the all-time low of 4.61% three weeks earlier.
Refinancings represented nearly 80% of all mortgage applications, the industry group said.
The total mortgage applications index rose 5.3% in the week ended April 17 to a seasonally adjusted 1,172.2. The purchase index fell 4.2% to 253.0 while the refinance gauge gained … (0 comments)

Palm Beach Gardens - 05/12/09 09:53 AM
Residents of Palm Beach Gardens enjoy an extraordinary quality-of-life and superior life-style. Is it any wonder?
With an average, sunny temperature of 74 degrees fahrenheit, the City of Palm Beach Gardens offers a vibrant Florida lifestyle with lush, tropical ambiance. Located in northern Palm Beach County, residents have local access to
Art and cultural opportunities, including Broadway performances
Shopping areas that include the finest stores
Day spas, resorts and outstanding dining opportunities
 
With a wide variety of gated and non-gated communities that include everything from beautiful villas to estate homes, the Gardens has a neighborhood that is bound to feel … (0 comments)

Palm Beach Polo - 05/11/09 01:15 PM
Opportunities for the world to enjoy a true sporting life are in reality quite limited. Your every sporting desire can be fulfilled at Palm Beach Polo and Country Club.
Here, on 2,200 pristine acres exclusive communities are nestled between pristine polo fields and 2 championship golf courses.
Nationally recognized as a golfer's paradise, Palm Beach Polo boasts 36 holes of championship golf. The superb 10 court Tennis Center makes both professionals and amateurs feel at home.
Palm Beach Polo's two grand club houses, The Golf House and The Tennis House, welcome you. Add a fitness center, croquet lawns, fine dining, shopping, … (0 comments)

The History of Wellington - 05/11/09 01:06 PM

 
The Village of Wellington, one of the most successfully crafted communities in Palm Beach County, has become the premier South Florida community known for its abundant parks, quality schools, attractive neighborhoods and equestrian interests.
 
In 1951, following the recommendations of Arthur William Glisson (known to all in Wellington as “Bink” Glisson), several tracts of land were assembled and purchased by Mr. Wellington. Charles Oliver Wellington was a very successful accountant and investor from New York. The area he purchased that would become Wellington was frequently flooded with water. That really is not surprising since Wellington’s southwestern boundary is … (0 comments)

Clematis by Night - 05/11/09 01:02 PM
Looking for the area's Hot Spot to Chill? Clematis by Night is it! Chill out South Florida style at this highly-popular, award-winning weekly Fountainside Concert Series.
Every Thursday, from 6:00 to 9:30 p.m, located at the Centennial Square at the end of Clematis Street in Downtown West Palm Beach, CbN is kicked off.
The event draws thousands of folks from all walks of life and features the area's best rock, r&b, reggae, blues, soul, swing and Latin music. Clematis by Night is the place to be for great live music, a taste of mouth-watering foods, and sidewalk shopping of the trendiest … (0 comments)

The Prado - 05/11/09 12:46 PM
Just a block away from City Place stands the Prado, a fabulous luxury condo building with resort style amenities and full service concierge and valet. Beautiful residences in West Palm Beach's art district, steps away from City Place and the intracoastal waterways. No need for a car, walk to restaurants, historic Clematis street cafes and club, boutiques, movie theaters, the Kravis Center for Performing Arts, Palm Beach County Convention Center, Harriet Himmel Giman Theater, Publix supermarket, and a whole lot more.
 
Here are some features the Prado has to offer:

 
Residence Features:
• Expansive studios, one-, one-plus-den, two-, … (0 comments)

The Slade - 05/11/09 11:37 AM
The Slade is a great place to live. Great location, great features, and a great feel. If you want waterfront living in the heart of a thriving downtown, you know where to look. The Slaaaaade. They offer one, two, and three room condos. Units facing west enjoy West Palm Beach down town views. Units facing north, south, and east offer varying degrees of expansive water and Palm Beach Island Views

Amenities:
• Residents and guests enjoy twenty-four-hour Valet service and attended Lobby
• On the Sunrise Deck, a large, heated swimming pool and outdoor spa are surrounded by views of … (0 comments)

Forbes update April 6th '09 - 05/06/09 05:00 PM
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Housing market - 05/06/09 04:58 PM
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What you need to know about Chinese drywall - 05/06/09 08:22 AM
Chinese drywall was a product used throughout Southwest Florida during the construction boom. Now, it's generating a boom of concern. Homeowners say the drywall is corroding their air conditioning units, stinking up their house, and even making them sick. Chinese drywall looks like any other drywall you would see. But the gases released from the Chinese drywall are capable of corroding copper coiling, which is found in nearly every home. When the sulfur is mixed with moisture, it can create a gas that is capable of causing corrosion. Homes he's found with Chinese drywall have had to replace their copper air conditioning coils … (0 comments)

If you're a first time buyer there's some good news - 05/06/09 07:59 AM
 

 
The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before December 1, 2009. For the purposes of the tax credit, the purchase date is the date when closing occurs and the title to the property transfers to the home owner. The tax credit is equal to 10 percent of the home’s purchase price up to … (0 comments)

Straight from the IRS - 05/05/09 01:55 PM
If you're a first-time home buyer, there's good news: First-time buyers can claim a credit worth $8,000 - or 10% of the home's value, whichever is less - on their 2008 or 2009 taxes.
 
 
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Sunfest, more like awesomefest - 05/01/09 03:23 PM
Founded in 1982, SunFest is Florida's largest waterfront music and art festival. Held annually in downtown West Palm Beach, Florida the first week in May, SunFest attracts more than 280,000 visitors. The festival and the patrons that it attracts have a very positive impact on the community.
 
SunFest takes place in downtown West Palm Beach along Florida's Intracoastal Waterway, extending along Flagler Drive from Banyan Boulevard to Lakeview Avenue.
 
Beyond the full lineup of top musical acts, SunFest has great events and activities planned day and night.
From the active to the relaxing, there is something for everyone. Look … (0 comments)

What you can expect from a CDPE - 05/01/09 03:17 PM
Foreclosure is a devastating financial and emotional process for a homeowner, and in many cases they face this process alone, without help of any kind.
 
An Agent who has earned the CDPE Designation has dedicated their time and effort to understanding the distressed homeowners issues.
 
The CDPE Professional is an agent who understands the full range of solutions and is ready to help. While experiencing financial distress is difficult for any family, the process of finding a real estate professional shouldn't. Selecting a CDPE agent ensures you are dealing with a professional ready to address your needs.
 
 
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Return on Investment - 05/01/09 03:15 PM
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You're not just buying a house, you're buying a lifestyle - 05/01/09 03:04 PM

Why buy in West Palm Beach? There's many reasons, but one of them is the great waterfront lifestyle you get to live. In West Palm Beach we have the perfect balance of quiet and loud, busy and calm, city and suburb. Both young and old can come together and appreciate our by-the-water downtown district. In many ways, downtown West Palm Beach is like Miami. It is exciting, interesting, fun, but at the same time it offers something that Miami doesn't have. Calm, laidback areas. You can go dance the night away at Dr Feelgoods, step out, grab a slice at … (0 comments)

 
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Mercedes Lopez

West Palm Beach, FL

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Boca Executive Realty

Office Phone: (561) 215-6493

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