waterfront: Is it still a buyer's market in Manalapan ? Are you sure ? - 10/21/09 02:51 AM
The market I serve is the luxury waterfront (homes and condos) along the coastline of south Florida from Palm Beach to South Beach.
Manalapan is a very upscale residential community south of Palm Beach that offers one of the ultimate location for the wealthy buyer looking for an Ocean to Intracoastal Estate.
What we have seen happen overall in the past few years is a gradual shift from a buyer's market on paper to a seller's market in real life. Allow me to explain:
On paper and MLS search may yield dozens and even 100+ properties that match basic criteria like number … (2 comments)

waterfront: Is it still a buyer's market in Palm Beach ? Are you sure ? - 10/21/09 02:49 AM
The market I serve is the luxury waterfront (homes and condos) along the coastline of south Florida from Palm Beach to South Beach.
Palm Beach offers one of the ultimate address for the very wealthy looking for their spot in the sun. Finding a well priced property is a real challenge in this market. Inventory is tight and prices are still high.
What we have seen happen overall in the past few years is a gradual shift from a buyer's market on paper to a seller's market in real life. Allow me to explain:
On paper and MLS search may yield dozens and even 100+ … (0 comments)

waterfront: Highland Beach offers excellent opportunities for the waterfront buyer. - 10/17/09 04:03 AM
Highland Beach is a small beachside town located in Palm Beach County, just north of Boca Raton. Boca raton has historically been the playground of the wealthy with such recognizable landmarks as the Boca Raton Resort and Club, Mizner Park, and its numerous high end Golf Communities.
For the wealthy buyer, Highland Beach offers the opportunity to buy a unique Oceanfront or Intracoastal Estate or build your own. Typical prices for Oceanfront Estates start at $5,000,000. Direct frontage on the Intracoastal allows docking larger Yachts (up to 150' for some Estates). Intracoastal Estates typically start at $4,000,000.
Highland Beach also offers numerous options in … (0 comments)

waterfront: Palm Beach offers the ultimate address for the uber-wealthy waterfront buyer. - 10/17/09 03:49 AM
Palm Beach is a small beachside town located in Palm Beach County. Historically the playground of the wealthiest Americans with such recognizable landmarks as the Breakers Resort and Golf, glitzy Worth Avenue, and Trump's Mar-A-lago Estate.
For the wealthy buyer, this offers the opportunity to buy a unique Oceanfront or Intracoastal Estate or build your own. Typical prices for Oceanfront Estates start at $10,000,000. Direct frontage on the Intracoastal allows docking larger Yachts (up to 150' for some Estates). Intracoastal Estates typically start at $6,000,000.
Other communities offering Oceanfront and Intracoastal Estates include Manalapan, Delray Beach, Highland Beach, Hillsboro Beach (Hillsboro Mile), Fort Lauderdale, and … (1 comments)

waterfront: Manalapan offers the best options to the wealthy waterfront buyer. - 10/17/09 03:11 AM
Manalapan is a small beachside town located in Palm Beach County north of Delray Beach and south of Palm Beach.
For the wealthy buyer, this offers the opportunity to buy a unique Ocean to Intracoastal Estate or build your own. Typical prices for Estates start at $10,000,000. Direct frontage on the Intracoastal allows docking larger Yachts (up to 150' for some Estates)
Manalapan offers a better value than pricey Palm Beach.
Other attractive communities offering Oceanfront Estates include Palm Beach, Highland Beach, Hillsboro Beach (Hillsboro Mile), Fort Lauderdale, and Golden Beach.
Visit www.EliteWaterfront.com for current Sales and Listings.Selling the Best Waterfront Homes and Condos from … (0 comments)

waterfront: Prices are down in this hidden gem of a beach city. - 10/15/09 02:58 AM
Lauderdale by the Sea is often overlooked by buyers, but it is a small beach town just north of Fort Lauderdale that offers several oceanfront luxury condominiums with a quieter setting than Fort Lauderdale.
Values have gone down by at least 30% and savvy buyers are now snapping up great buys in this city.
Contact me for the latest listings or if you are considering selling your Lauderdale by the Sea property.
 
Ben Giordano, MBA, REOS, CDPE, Realtor®Fluent in French and English.
www.EliteWaterfront.com
Selling the best waterfront homes and condos from Palm Beach to South Beach.
 
(0 comments)

waterfront: Are there any deals for buyers in South Florida? - 10/09/09 02:13 AM
The specific market I cover spans the coastal area between Palm Beach to the north, to South Beach to the south.
What we have seen is a general uptick in showing activity and more agressive buyers trying to get a deal prior to our winter season. Many are looking for those elusive short sales and scarce foreclosures.
Most of the properties are still overpriced. Getting a deal in this market means working with an agent who knows how to "sniff a deal" out of the pile of overpriced ones.
Visit my website for the past 12 months list of sales city … (0 comments)

waterfront: Are there any deals for buyers in South Florida? - 10/09/09 02:09 AM
The specific market I cover spans the coastal area between Palm Beach to the north, to South Beach to the south.
What we have seen is a general uptick in showing activity and more agressive buyers trying to get a deal prior to our winter season.
Most of the properties are still overpriced. Getting a deal in this market means working with an agent who knows how to "sniff a deal" out of the pile of overpriced ones.
Visit my website for the past 12 months list of sales city by city.
Ben Giordano, MBA, CDPE, REOS, MILHM, Realtor
www.EliteWaterfront.com
Selling … (0 comments)

waterfront: The waterfront is doing well in South Florida. Thanks for asking. - 08/13/09 05:47 AM
Good news!
We are finally seeing a reversal of the waterfront market with increased demand and limited supply. The interesting thing to note is that unlike the crazy peak market days, the pent up demand is from buyers looking for good values. I guess everyone learned their lessons.
Don't get me wrong, the MLS will show excess supply if you do a search, however these are overpriced properties listed by agents who take listings at any cost to control the inventory. Surprisingly enough and against what most real estate trainers say about taking overpriced listings, these are the seasoned agents who are making the … (0 comments)

waterfront: Unrealistic Sellers and Agents and the oversupply of properties - 04/01/09 06:49 AM
I just showed a listing of mine in an oceanfront condo tower to a buyer's agent and her client and she proudly handed me a color flyer for a new listing she just got in the building where she lives priced at $950,000. I glanced at this first floor unit price and asked her: "higher floor units in this building have been selling in the $500,000 right ?" to which she replied "Those are all gone, what is left is higher priced."
Now the irony is that my listing was purchased at the peak of the market for $700,000+ and is listed as … (4 comments)

 
Ben Giordano (RE/MAX Sun & Sea)

Ben Giordano

Boca Raton, FL

More about me…

RE/MAX Sun & Sea

Mobile: (561) 929-9955

Fax: (888) 840-9283



Links

Archives

RSS 2.0 Feed for this blog