The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source The Realtors® Association of the Palm Beaches. Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida.
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palm beach county florida: You can't fix stupid answers!
- 09/15/13 07:34 AM
During a recent visit to our county when Governor Rick Scott presented his Tax Cut Tour he got a question about rising property insurance premiums and their drag on the real estate market. Before he could answer Rep. William Hager from Boca Raton who is the vice-chairman of the House Insurance and Banking Subcommittee had the reply. "Move to Wyoming".
Florida is a peninsula in the Atlantic Ocean Rep. Hager said. Really! Florida has 50 percent of the nation's hurricane exposure. Now that is new news. So those who do not want to worry about the cost of insurance should … (2 comments)
palm beach county florida: Palm Beach County Florida Single Family Market Summary for July 2013
- 09/07/13 10:33 PM
So how many times have we heard "what is the market like" For single family homes in Palm Beach County the July report tells the story. Inventory is sharply down and new home construction which is heating up has not been a big factor since most of the homes are not ready for move in. This chart says it all.
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palm beach county florida: New Listings are Up in Palm Beach County Florida
- 09/03/13 10:29 PM
July housing reports indicate year-over-year, new listings for single family homes increased 20.7 percent and townhomes and condos increased 4.4 percent. Timothy Harris, 2013 President of the Realtors® Association of the Palm Beaches said, “Clearly sellers are responding to the demand for inventory and increasing property values. At the same time, perspective buyers want to lock into what is still considered relatively low mortgage rates. As a result, the local real estate market is very active.” Year-over-year, the number of closed sales for single family homes increased 20.5 percent and townhomes and condos decreased 2.3 percent. The number of pending sales … (1 comments)
palm beach county florida: Increase in the Median Price Motivates Sellers to Take Action in Palm Beach County Florida
- 07/06/13 11:54 PM
Year over year, new listings in the $200,000 to $400,000 range increased dramatically. Single-family homes priced between $250,000 and $300,000 increased 20 percent and 41.2 percent in the $300,000 to $400,000 price range. Townhomes and condominiums increased 36.6 percent in the $200,000 to $$250,000 price range and 39.1% in the $300,000 to $400,000 price range. What does this mean? According to Barb Kozlow, 2013 President-Elect of the Realtors® Association of the Palm Beaches (RAPB), “The pent-up demand and limited inventory has leveled the playing field. Homeowners with property values that are in the $200,000 and $400,000 ranges are in a much … (2 comments)
palm beach county florida: Palm Beach County Florida on Top in Statewide Comparison
- 05/16/13 10:03 PM
Palm Beach County Florida ranked second in a state-wide, county-by-county comparison based on single-family home that closed sales during the first quarter of 2013. Palm Beach County had 3,243 closed sales and the South Florida Metropolitan Statistical Area (MSA), which includes Palm Beach, Broward and Miami-Dade Counties, represented nearly 20 percent of all single-family home closed sales in Florida, closing 9,138 single-family homes. A total of 48,976 single-family homes closed in Florida during the first quarter of 2013.
The South Florida MSA led the State in the sale of townhomes and condos, closing 11,176 units during the first quarter … (2 comments)
palm beach county florida: Pet-Friendly Parks, Beaches and Recreation Areas in Palm Beach County Florida
- 03/12/13 09:51 PM
Dog Park - Boca Raton 5001 NW Broken Sound Boulvard in Boca Raton. Hours: Sunrise-Sunset. Features: Ground-level water fountains, plastic-bag dispensers, separate sections for small and large dogs. Free. Dog Park - Delray Beach 2929 Lake Ida Rd, Delray Beach. Lake Ida Park. (561) 966-6664. Hours: Sunrise-Sunset. Features: 2.5 acres, (2) fenced-in areas: one for small dogs and one for large dogs, (2) canine drinking stations, (1) dog washing area, (8) shaded sitting areas, paved pathway, dispensers and receptacles for dog waste bags, restrooms and parking areas located nearby, information kiosk. Dog Beach - Jupiter … (1 comments)
palm beach county florida: Volume of Home Sales and Property Values are Up in Palm Beach County Florida
- 01/01/13 01:17 AM
Year over year the median price of single-family homes increased 19.6 percent and townhouse-condos increased 15.2 percent in Palm Beach County. Palm Beach County has demonstrated signs of a clear recovery for close to a year. As a result, the demand for homes increased, sales soared and inventory declined. Year-over-year closed sales of single-family homes are up 15.4 percent, pending sales are up 66 percent and inventory levels are down from a 10.3 month supply to a 4.7 month supply, which is slightly below the six-month "normal" level.
Sellers who have been sitting on the side lines are in … (1 comments)
palm beach county florida: Palm Beach County Florida Housing Report for April 2012
- 05/24/12 10:32 PM
The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source. Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida,
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palm beach county florida: October 2011 Housing Report for Palm Beach County Florida
- 11/25/11 04:38 AM
October sales of existing homes in Palm Beach County jumped 27 percent compared with the same time last year, despite lingering concerns the tighter lending and low appraisals. A report released this week by the Florida Realtors showed that 918 Palm Beach County single-family homes were purchased in October at a median sale price of $184,900 - 16 percent below last year's price but 3 percent higher than in September. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source. Understanding that an educated buyer and seller when provided … (0 comments)
As a consumer, how often do you buy real estate property? Once, twice, three times in your lifetime? Purchasing real estate is a complex and major transaction with many details to be handled. In the majority of cases the seller will be represented by an agent. Wouldn't you want to have complete and fair representation in the real estate transaction? The real estate buyer agent is responsible to protect their clients' best interests. Research by the NATIONAL ASSOCIATION OF REALTORS® has shown that when a buyer agent is used, the prospective buyer found … (0 comments)
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