juno beach home prices: Condo Sales in Juno Beach Unchanged in August
- 09/08/11 04:59 AM
August Condo Sales in Juno Beach Unchanged from July Another month rolls on, summer is now officially in the rear view mirror, as we start off the fall season looking back at sales during August in the north county area. This month we are going to start giving our “power rankings” of the different municipalities and will post the blogs starting with the lowest ranking and continuing through the star of the month. So here for our first ever power rankings are the results for August;
juno beach home prices: Juno Beach Pending Home Sale Down Slightly
- 08/19/11 11:26 PM
What a difference a month makes and a lot has happened since we last updated the pending sales data in the north county area. The biggest news affecting us all was the downgrading of the credit rating of the United States. One would think that would make interest rates jump but alas the Fed jumps in and announces they are going to try and keep them artificially low for at least the next two years. I, for one, certainly hope they can but I think that was more posturing in order to calm the equity markets more than anything else.
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juno beach home prices: Juno Beach Condominium Sales Remain Sluggish in July
- 08/11/11 06:04 AM
Condominium sales fall to 7 month low in Juno Beach After what has been an unbelievable spring and summer buying season I was chomping at the bit to pull the final numbers for home sales throughout the region for July. With all the negative news on the economic road map perhaps the best bit of news was the Fed’s announcement of yesterday that they will keep rates artificially low for at least 2 more years. Great news indeed for homebuyers but let’s see if they alone can keep rates down this low.
We started off this months update with single … (3 comments)
juno beach home prices: Juno Beach Inventory Levels Down 30% from Annual Highs
- 08/08/11 10:02 PM
Watching the inventory levels continue their monumental drop has really been a thing of beauty. Month after month we report new annual lows in home inventory levels throughout the north county area. This month is no different as we again need to adjust the scale on our charts to handle the new lows. No doubt we need to see these levels maintain and while it is making it ever more difficult to find price driven buyers to homes that meet their expectations no doubt this is a critical metric for future price appreciation.Last month in Juno Beach inventory levels continue to … (1 comments)
juno beach home prices: Pending Home Sales in Juno Beach Post Another Solid Showing
- 07/16/11 01:07 AM
Every month at this time we take a look at the level of pending real estate sales in the north county area as it is the most important metric when determining what future sales will be. Everyone had an amazing spring with stronger sales than we have had in years. Interest rates remain at historic lows, we have seen an interesting drop in foreclosures and inventory levels are at year long lows. Sales reported here for June were tremendous and things are looking up. Or are they?
Our May 15th reports throughout the north county area showed pending sales at … (1 comments)
juno beach home prices: Juno Beach Condo Sales Disappointing in June
- 07/09/11 11:04 AM
June Condo Sales in Juno Beach Anything but Hot Last month we reported how sales had fallen during May as we transitioned from a very strong spring buying season into the summer months. This morning I started off the monthly updates with Hobe Sound and the numbers look excellent for June which was great news indeed. Then I moved on to condo sales in Juno Beach and got a totally different picture. During the month our local MLS system shows a total of 4 successful condominium closings in Juno Beach as of this mornings’ update. That compares with 10 sales in … (2 comments)
juno beach home prices: Juno Beach Home Inventory Levels Down Over 33%
- 07/02/11 03:01 AM
A couple weeks ago I took an advance look into inventory levels in Palm Beach County and at that time it looked like we might see a slight uptick when I completed my monthly report. But alas, here we are at the beginning of another month with another report of declining inventories throughout northern Palm Beach County. Finding the right home for our clients continues to become more and more difficult.This month in Juno Beach inventory levels continue to go lower and this marks the 2nd straight decline and another new record low. The net inventory of real estate currently for … (1 comments)
juno beach home prices: Juno Beach Pending Home Sales Down but Still Near Year Long Highs
- 05/15/11 09:19 PM
Thirty days ago I reported here how every one of my main market areas in north Palm Beach County with the lone exception of Palm Beach Gardens reported increases in pending home sales for the third month in a row, most of which set new year long highs. These statistics showed a local real estate market that continues to recover quite nicely. Once again I was excited to get back to the data this month and see what has transpired since then but based on the activity I am seeing things continue to get better and better on the real estate … (0 comments)
juno beach home prices: Another Record High for Juno Beach Pending Home Sales
- 04/14/11 09:57 PM
Thirty days ago I reported here how every one of my main market areas in north Palm Beach County reported increases in pending home sales for the second month in a row, most of which set new year long highs. These statistics showed a local real estate market that continues to recover quite nicely. Once again I was excited to get back to the data this month and see what has transpired since then but based on the activity I am seeing things continue to get better and better on the real estate front lines. It really is very difficult to … (0 comments)
juno beach home prices: Juno Beach Inventory Levels at Yearly Low
- 04/02/11 08:32 PM
Last month at this time we reported decreases in the inventory levels in most of the northern Palm Beach County market areas. As the real estate market continues to recover it is important that we start to see these declines continue. Sales remain strong and there is truly a shortage of quality homes in the below $400,000 price categories. Working with numerous clients trying to find a home is difficult and we are often faced with multiple offer situations. Local inventories are full of homes that have quality issues and many of these are hard to sell and therefore skew the … (0 comments)
juno beach home prices: Another Record High for Juno Beach Pending Home Sales
- 03/15/11 06:26 AM
Last month at this time I was so pleased to report how every one of my main market areas in north Palm Beach County reported increases in pending home sales which shows a local real estate market that continues to recover quite nicely. I was excited to get back to the data this month and see what has transpired since then but based on the activity I am seeing things continue to get better and better. It really is very difficult to find good properties in many locations in certain price ranges. Pending and contingent home sales data are very important … (2 comments)
juno beach home prices: Condo Sales in Juno Beach Record Another Strong Showing in February
- 03/07/11 02:37 AM
After Juno Beach condominium sales jump over 100% last month February sales also show continued strength After three months in a row, where we saw only 2 condominium closings in each month, closings in January jumped over 100% to the highest level we had seen since September of 2010. During February we saw this strength continue and our local MLS system shows a total of 4 successful closings as of this mornings’ update. That compares with 5 sales in January and again the 2 highest monthly total we have seen in 5 months. While sales last month were strong but they … (0 comments)
juno beach home prices: Juno Beach Sees Housing Inventory Drop in February
- 03/01/11 09:07 AM
Last month at this time we reported increases in the inventory levels in most of the northern Palm Beach County market areas. As the real estate market continues to recover it is important that we start chipping away at some of the inventory levels. Sales remain strong and there is truly a shortage of quality homes in the below $400,000 price categories. Working with numerous clients trying to find a home is difficult and we are often faced with multiple offer situations. Local inventories are full of homes that have quality issues and many of these are hard to sell … (0 comments)
juno beach home prices: Juno Beach Housing Inventory Rises for the 4th Month in a Row
- 02/03/11 07:57 AM
After all the great news we passed your way last month about housing inventories continuing to drop across the market areas I service I could hardly wait to run the numbers when I finally got to the computer a couple days ago. Last month at this time we reported that Juno Beach inventory levels had been on the rise but were still close to the yearly lows. So what has happened since then........
Well, I started off this month’s reports with the Tequesta market which had inventory levels remain steady and I thought I would let them bask in that … (0 comments)
Pending and contingent home sales data are very important metrics when determining how strong real estate sales will be in the months ahead. I like to carefully review this information for each of the communities where I am most active on at least a monthly basis as it gives me a heads up on what the future might bring for my clients.
When a bilateral contract is entered into there are typically contingencies, historically mainly for home inspections and financing, but in today’s world more often that not they are short sales waiting for third party, … (0 comments)
juno beach home prices: Juno Beach Condominium Sales Remain Flat in December
- 01/12/11 08:18 PM
Interest rates have been down the first couple weeks of the new year which is a most welcome reprieve from the hikes we had seen the last few weeks of 2010. Today, we are taking our last look at sales levels in some of our market areas for last year and in Juno Beach condominium sales were flat. During December our local MLS system shows a total of 2 successful closings as of this mornings’ update. That compares with 2 sales in November and in fact is the third month in a row we have been stuck on that number. Sales … (0 comments)
August Condo Sales in Juno Beach Unchanged from July
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