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South Florida and Boca Raton Real Estate Market Update

By
Real Estate Agent with Champagne & Parisi
lake boca ratonGreat news for Realtors and developers in South Florida! There are more potential buyers and sales are starting to gather momentum. A recent article in the Palm Beach Post stated that one real estate agency sold 20 homes in the Valencia Pointe community, which caters to active adults. In addition, over 1,700 people attended the grand opening of Portosol in Royal Palm Beach.   It was the most successful sales launch of any new-home project in Palm Beach with over 40 new homes being sold in just 3 months.  Many Realtors attribute the demand picking up in large part to the number of buyer incentives available in today's tough market. The market also seems to be more realistic in regards to pricing.    Currency exchange benefits are resulting in foreign investors grabbing some fantastic real estate bargains. Palm Beach County is a popular vacation destination for many Europeans who love our beautiful beaches and fantastic shopping. Those savvy vacationers are looking take advantage of the real estate opportunities in this area and become homeowners.  

It's a great time to explore the many Boca Raton Florida luxury waterfront properties available. If you're interested in Boca Raton real estate or homes in the surrounding areas, be sure to contact us.

Comments (8)

Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate
Caesar:  Actually... if your market is starting to "pop..." that is good news for everyone.  Maybe if the national news "ambulance chasers" take note and start publicizing your newfound success, it will give other parts of the country a little bit of faith that things are improving.  Good for you !
Apr 09, 2008 06:47 PM
Anonymous
Caesar
I agree with you Karen. We are seeing some good activity as of the last few weeks.
Apr 09, 2008 08:17 PM
#2
Susie Blackmon
Ocala, FL
Ocala, Horses, Western Wear, Horse Farms, Marketing

Hi Caesar, I had some good times in Boca many moons ago.  It is beautiful there, and I do hope the good news continues and snowballs!  


Apr 09, 2008 09:26 PM
Dorene Shirley
The Mortgage & Property Connection - Campbell, CA
Silicon Valley Real Estate

Caesar - Welcome to the Rain, make sure that you browse the site and become familiar with everything this site has to offer.  The more you browse the more you will learn.  I have found this site to be really helpful to me.  If you have any questions, please don't hesitate to email me, I will do whatever I can to help.

http://www.doreneshirley.com/

Apr 10, 2008 01:15 AM
Nakia Brooks
BKG - Brokerage Atlanta - Braselton, GA
#wearedifferent

Welcome to Activerain Caesar.

If there is anything that I can do to assist you please don't hesitate to call me.

My number is 678-386-1896 and you may email me at nakiabrooks@kw.com

Nakia Brooks, ABR
Keller Williams - Lanier Partners

http://www.nakiabrooks.com/

Apr 10, 2008 01:41 AM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Momentum gained in Florida may possibly be a sign of good things to come in other areas around the country that have been struggling.

Thanks for this blog!

Welcome to Active Rain! 

Apr 10, 2008 01:00 PM
Erik Hitzelberger
RE/MAX Alliance - Louisville REALTOR-Luxury Homes - Louisville, KY
Louisville - Middletown Real Estate
Welcome to Active Rain.  This is a terrific network of real estate professionals who are all willing to help each other make the industry better.  Along these lines, here is a blog that I put together to help others get started in AR.  These were posts that helped me. 
Apr 13, 2008 03:36 PM