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Mortgage Rates Plunge to 3-Year Lows

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There are 186 condos for resale on Singer Island; only one condo closed within the past 7 days at 87% of list price after 120 days on the market. The average 30-year fixed mortgage rate continues to drop this week reaching its lowest point since May 2013.  Mortgage buyer Freddie Mac said Thursday the average 30-year fixed-rate mortgage dipped to …

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Singer Island Market Update – May 2016

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2016 continues to track at a slower pace than last year with May only producing 16 condo re-sales.  This was a slight up-tick from May 2015 (13 re-sales) but the year-to-date percentage is off by 13%.  New listings for 2016 are also off by 8% from this time last year. Let’s take a closer look at the results in oceanfront …

SInger Island

Singer Island Market Update – April 2016

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2016 has gotten off to a slower start than previous years with April condo re-sales at 20 units.  The year-to-date average for the first four months of the year for 2013 through 2015 has been 74 units; in 2016 that number was only 58. Let’s take a closer look at the results in oceanfront condominium re-sales for the first four …

SINGER-ISLAND-Markets

Singer Island Market Update – 1st Quarter 2016

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“Keeping your finger on the pulse of the market is critical when looking to buy or sell your home.” The Walker Real Estate Group brings their customer base “Just the Facts” enabling them to make knowledgeable decisions with regard to the real estate world around us…” 2015 has had a slow start out of the gate for real estate on …

Martinique Signage

Martinique ET503 – Price Reduced for Quick Sale

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It doesn’t Get any Better than This! Martinique, one of the most beautiful condominium complexes on Singer Island.  Private restaurant with service at the pools. Expansive amenity level with two large pools, hot tub, wading pool for children and two tennis courts. Residence ET503 has been beautifully remodeled!  Kitchen opened up to view the Intracoastal Water Way, granite countertops, top …

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A Rare Oceanfront Opportunity – Ritz Carlton Tower Suite

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One of Only 6 Tower Suites at the Ritz Carlton, Singer Island… An Opportunity not to be Missed! We invite you to discover the Ritz-Carlton Residences and experience the perfect destination filled with unforgettable moments on the beach and the surrounding Palm Beach area. Tower Suite “7A” is one of only six Tower Suites at the Ritz-Carlton Residences.  Encompassing over …

Singer Island

Singer Island Market Update – February 2016

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Real estate analysts forecast a slower start to 2016 compared to 2015.  Condo closings for the first two months of 2016 are off 2015 numbers by 52% in both transactions and sales volume. New listings for the year are down by 15% from this time last year. Our condo inventory on Singer Island exceeded 200 units for the first time …

SINGER-ISLAND-Markets

Singer Island Market Update – January 2016

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Welcome 2016 to Singer Island!  January is behind us and a snowy winter has already pounded the northeast. Fortunately, Punxsutawney Phil did not see his shadow this year, thus calling for an early spring. Season is in full swing with crowed stores, restaurants and parking lots. Real estate wise, we have begun 2016 a little behind last year. Sales for …

The Resort 1004

Great Opportunity – The Resort 1004

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HUGE Price Reduction – The Resort/Marriott 1004! Now listed under $300K, this rare 1-bedroom, 1 1/2 bath luxury get-a-way presents a great opportunity for one looking to invest in Singer Island.  Enjoy your vacation at the Resort/Marriot and lease out the unit the remainder of the time through the Marriott rental program.  Revenue for 2015 showed an 8 percent increase over …

Condo sales 2015 vs 2014

Singer Island Market Update – 4th Quarter 2015

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“Keeping your finger on the pulse of the market is critical when looking to buy or sell your home.” The Walker Real Estate Group brings their customer base “Just the Facts” enabling them to make knowledgeable decisions with regard to the real estate world around us…” As we look ahead to 2016, it is only fitting to reflect on the …