Homeowners across South Florida that need to sell a home are finding themselves entering into a very intimidating market. Though the number of home sales has greatly increased from last year, the median sale price has decreased significantly across the board. The following statistics were taken from the Florida Association of Realtors, based on MLS sales levels from [...]
Continue reading...17. December 2008
You may hear giggles from many of us that originated from the Northeast, in places like Boston or New York, when you put together the words historic and West Palm Beach. The majority of homes in the Palm Beach County were built in the past 30 years, making the word historic seem a bit unfitting. In comparison, many New England homes [...]
Continue reading...30. September 2008
An article in today’s Miami Herald suggests that the housing market has made a very small improvement in comparison to previous months. The home-price index for South Florida fell 28.2 percent from 2007, which is better than June’s 30.5 percent drop. This index includes Broward, Miami-Dade and Palm Beach counties. Standard & Poors, the company that compiles [...]
Continue reading...9. September 2008
According to a recent article in the Sun-Sentinel, Coconut Creek and Sunrise condominiums have drastically decreased in value. Since the onslaught of Hurricane Wilma, most of the retirement communities that exist in those areas were deemed uninhabitable and owners sold out these residences at rates way below their value. As a result, “about half of [...]
Continue reading...22. July 2008
Last Wednesday, Donald Trump’s spokeswoman announced the successful sale of his Palm Beach estate, closing at a colossal $100 million. Some speculators claim that this may have been the highest sale price ever seen for any U.S. single family home. The property was originally put on the market in 2006, at an asking price of $125 million. And if you are wondering about the return on investment for this property, it [...]
Continue reading...30. June 2008
Those shopping for a home in West Palm Beach may come across quite a unique deal. While this single-family home has many features that home buyers are looking for, there is one amenity included that I am sure will shock you. “…experience the real love, life and the romance you have always felt was a fairytale” As taken from [...]
Continue reading...29. May 2007
Nothing spells D-I-S-A-S-T-E-R like a missed call from your real estate broker saying you are missing a signature, therefore the closing has been delayed. In an effort to serve the homebuyer in a faster, more efficient manner, said Inman News, more brokers have been custom-designing, buying and using web-based “transaction management systems” that allow homebuyers to [...]
Continue reading...22. May 2007
Ever wonder why people want to pack up everything they need to be comfortable to unpack it again just for one week in another house? Because Jones does it. According to an April NAR survey, 2006 saw more than 1 million vacation home sales. And the kicker is that folks weren’t buying for investment, they were actually [...]
Continue reading...22. May 2007
Most Expensive Home, Most Expensive Beachfront Home, it’s all the same. When you’re looking for the biggest and the best, only one thing comes to mind in South Florida, lately, and it’s Maison de L’Amitie. Click below to see our cast give it to you live from the Writer’s Block! Also dubbed Trump’s Palace by the Sea, [...]
Continue reading...21. May 2007
Remember our Expert Realty Blog last week about Britney Spears looking for a $30 million home in Miami Beach. (Her 15-minute concert at Mansion on Sunday May 20 supposedly rocked the house). Well, the 25-year-old is part of a growing trend. NAR reports younger home buyers equal one third of the total home buying population. Opting not [...]
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15. July 2009
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