jupiter home inventory: Snowbirds find Jupiter Home Inventory Better
- 11/30/14 10:10 PM
2nd straight monthly gain in Jupiter home inventory is encouragingAnother month has passed us by. Thanksgiving is behind us and only 24 more days until Christmas. Welcome to December. In Jupiter, and the entire Northern Palm Beaches region, that means a temperature of 77 degrees this afternoon and the release of the latest Jupiter home inventory numbers by the team here at Paradise Sharks.We have seen local real estate sales and prices climbing over the past 45 days which is good news after a rather ho-hum kind of summer in the real estate market. And things are continuing to perk up … (1 comments)
jupiter home inventory: Jupiter Home Inventory Critical as "Season" Arrives
- 10/01/14 04:20 AM
We need new listings to meet demand October has arrived in paradise. Fall is in the air. The news came yesterday that a Tiger Woods restaurant will soon be open in Jupiter. The 2014-2015 season kicks off and it is going to be busier around here than we have ever seen. People are going to want to buy real estate. The Northern Palm Beaches are sought after. But this year we have a problem as frankly there just isn't much to buy.Each month at this time we bring you up to date on the latest Jupiter home inventory numbers and those of … (0 comments)
jupiter home inventory: Home Inventory Continues to Slide & You Want a Deal?
- 07/02/14 09:56 PM
Northern Palm Beach County Inventory Falls for 4th Straight MonthBeing a buyer in the Jupiter area is not an easy task these days. Those lucky buyers who end up with a "deal" are almost always well prepared and ready to roll quickly when the right opportunity hits. If they do not act somebody else will. It remains a market where the best "deals" will have multiple offers in a day or two, if not hours. As of July 1st, inventory levels in the Jupiter area have dropped for the 4th straight month. We are now at the lowest levels we have seen … (0 comments)
jupiter home inventory: Home Inventory Levels in Jupiter Continue to Fall
- 04/30/14 09:46 PM
Choices for home buyers down to 3 month lows The real estate news around the north county region has been all good for so long. We keep watching for a glimmer of a change in the market. But we won't find it in today's look into where home inventory levels have moved over the past month. The answer is down. And down a substantial 4% from where we stood back on April 1st.
With sales increasing all this can mean is the pricing increases we have been enjoying in the market should probably remain with us for a while longer. Increasing demand … (0 comments)
jupiter home inventory: Jupiter Area Home Inventory Drops for the 1st Time in 8 Months
- 04/01/14 10:46 PM
5.5% drop another sign of local real estate market strengtheningYesterday we were pleased to bring you the news that pending home sales in the northern Palm County Region soared 15% over the last 30 days. That news brought us to a new 9 month high and now today we get the opportunity to check in with our first of the month report on home inventory levels.And what a report it is. Keep in mind that it has been since August 1st of last year that we could say "home inventory level drops". Yes, that is true we have had inventory climbing … (2 comments)
jupiter home inventory: Record Low Home Inventory Again in Jupiter After 6 Straight Monthly Declines
- 08/11/13 10:24 PM
Home Inventory in Jupiter Decreases by Another 2% With Palm Beach County schools starting up again next week it is still a little early to say that summer is over but we are getting close. No doubt it has been an interesting summer on the front lines of the local real estate market and the recovery continues to change on a daily basis. If you are a buyer shrinking inventory levels have made your task of finding a new home more difficult. While we have seen dramatic reductions over the past few months the free fall seems to have cooled with … (2 comments)
jupiter home inventory: Jupiter Home Inventory Down Again for 8th Straight Month
- 10/07/12 06:46 PM
Jupiter Home Inventory Down 1% in September As we continue to see struggles in the overall economy, real estate sales have remained strong with inventory remaining the #1 concern among buyers hoping to find the perfect home now that prices have finally started to move higher. The lack of quality, well priced homes is more than just talk, it is a real problem for local Realtors® trying to assist their clients in today’s market. Many economists are afraid the strength in the real estate sector is not spreading to other segments of the economy. With only 29 days left until the … (0 comments)
jupiter home inventory: Shrinking Home Inventory Means Higher Prices in Jupiter
- 09/05/12 01:48 AM
Inventory Levels Drop for 7th Straight Month in Jupiter It’s that time of the month again when we look and see what has happened to real estate inventory levels in the area to see if the dramatic slide continues. Multiple offers, quick sales, prices above list price it continues to be a battle finding qualified buyers homes in today’s market. Demand stays strong and when you realize that 27% on all international buyers purchase a property in Florida and this accounts for 20% of all sales in the state. Yes, one in 5 Florida homes over the past year has sold … (2 comments)
jupiter home inventory: Jupiter Inventory of Homes Down for 6th Straight Month
- 08/03/12 09:06 PM
Jupiter Inventory Level Decreases 3% in July August is going to be an interesting month. With the local housing scene continuing to show strength and the national economy still struggling one thinks a convergence is on the way. How long can housing continue on it’s merry way without a substantial change in the economic fundamentals? Interest rates continue to drop and this week the United States Treasury dropped hints about negative yield bonds which we have brought up before in this column. Home sales on a national level for both new and resale properties fell in June while we reported here … (1 comments)
jupiter home inventory: Far Fewer Choices Out There for Jupiter Homebuyers
- 07/14/12 10:28 PM
Jupiter Inventory Level Declines 6% in June Multiple offers, quick sales and rising prices have become the rule here in south Florida as the amazing real estate rebound of 2012 continues. The shortage of quality single family homes continues and absorption rates have declined to levels we have not seen in about 7 years. Inventory levels throughout the north county region continue to drop. And we are talking about very significant reductions. Many buyers are finding out just how competitive this market is when out shopping for a new home. When a home that is properly priced hits the market, especially … (0 comments)
jupiter home inventory: Jupiter Home Inventory Level Shows a 2% Decline
- 05/08/12 04:17 PM
Jupiter Inventory Level Declines for 3rd Straight Month April passed quickly by and brought with it increased activity from the investor market and their surging demand for lower priced opportunities. Ever so slowly the change from a bear market to a bull market continues to show momentum in South Florida. Investors are making up about 1/3 of the current market and their appetite continues to grow with prices being driven much higher in many investment grade communities. Almost 100% of these transactions are cash deals and end up with multiple offers being presented within a day or two of the listing … (0 comments)
jupiter home inventory: Jupiter Home Sales and Prices Under Pressure in October
- 12/03/11 11:15 PM
Jupiter Home Sales Down 12% in October Still trying to catch up after a well deserved vacation and a return to a south Florida real estate market that is hot, hot, hot. While I quit reading the newspaper and listening to news on the TV I get more than enough from the internet and know how the talking heads report how bad everything is with the economy. Somebody forgot to tell home buyers how bad it is because they continue to spark the amazing rebound we have seen this year. Particularly strong is the single family home market and well priced … (2 comments)
jupiter home inventory: Jupiter Home Inventory Levels Rise for the 2nd Straight Month
- 11/27/11 06:41 AM
Jupiter Home Inventory Levels Up 3%Wow what a little havoc a well planned holiday can play. Working like crazy to ensure I took care of my clients before leaving the country on a little vacation then coming back to a real estate market that is on fire has put me behind on my blogs; way behind. With the Thanksgiving weekend upon us I knew the annual slowdown we experience this weekend would allow me to catch up and for that I am thankful! Real estate sales throughout the north county area have had a strong showing for most of the year … (0 comments)
jupiter home inventory: Jupiter Pending Home Sales Make Big Jump; 5th Straight Increase
- 04/14/11 10:13 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)
jupiter home inventory: Dramatic Decrease in Jupiter Home Inventory Levels
- 04/02/11 08:35 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)
jupiter home inventory: Jupiter Pending Home Sales JUMP Off the Chart
- 02/15/11 03:18 AM
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 many times they are short sales waiting for third party, or bank approval. Once these contingencies … (0 comments)
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