WHAT’S HAPPENING AROUND THE PALM BEACHES…

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PALM BEACH OUTLETS – The opening of the new outlets mall in West Palm Beach is just around the corner with the first phase scheduled to open in February 2014.  This phase consists of approximately 80 outlet stores comprising the center hub.  An additional 10 “big-box” stores are scheduled for the Fall of 2014 and will be situated around the …

Resort/Second Home Shopping Goes Digital

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It’s all about the internet today when it comes to searching for that next home on Singer Island or anywhere else in the Palm Beaches.  As you may have heard by now more than 90 percent of today’s homebuyers used the internet during their home-buying process.  To better define the significance of digital media’s effect on home-buying, the National Association of Realtors …

Palm Beach County Property Values on the Rise

wreg Juno Beach , Palm Beach Gardens , Regional News , singer island 1 Comment

Palm Beach County’s tax base grew by 3.7 percent in 2012, according to PBC Property Appraiser Gary Nikolits.  Taxable property values countywide increased from $125.1 billion on the first day of 2012 to $129.7 billion on the first day of 2013. It is the second straight year that countywide taxable property values have increased, a sign that the once free-falling …

The Preserves at Juno Beach – A New Toll Brothers Community

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With the housing market on the upswing, Toll Brothers is launching a new single-family home development in Juno Beach, Florida.  The Preserves at Juno Beach will be an intimate community of just 29 luxurious single-family homes is ideally situated, just steps from the sands of Juno Beach and the Atlantic Ocean. The Preserve will offer distinctive home designs, each with a private swimming pool …

Weekly Condo Update 08/14/09 – Condos for Sale on Singer Island, Florida

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There are 339 condos for resale on Singer Island; 11 condos are currently pending. Only one condo sold within the past 7 days for 52% its original list price; being on the market for 607 days. Rates rose this week with the 30-yr fixed mortgage at 5.29% compared to 5.22% last week.  Last year at this time, the 30-yr mortgages averaged 6.52 percent. The average 15-year fixed mortgage rose …

Weekly Condo Update 08/07/09 – Condos for Sale on Singer Island

wreg For Buyers , For Sellers , Marketing Reports , palm beach , Palm Beach Gardens , Regional News , singer island , Uncategorized Leave a Comment

There are 340 condos for resale on Singer Island; 8 condos are currently pending. Two condos sold within the past 7 days for 71% and 90% their original list price; being on the market for 388 days and 109 days, respectively. Rates dipped this week on better than expected economic news.  The 30-yr fixed mortgage was 5.22% this week down slightly from 5.25%. Last year at …

Weekly Condo Update 07/31/09 – Condos for Sale on Singer Island, Florida

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There are 341 condos for resale on Singer Island; 8 condos are currently pending. Two condos sold within the past 7 days for 44% and 72% their original list price; being on the market for 260 days and 360 days, respectively. Rates rose for second straight week. The 30-yr fixed mortgage was 5.25% this week up from 5.20%. Last year at this time, the …

Weekly Condo Update 07/24/09 – Condos for Sale on Singer Island Florida

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There are 338 condos for resale on Singer Island; 7 condos are currently pending. Two condos sold within the past 7 days for 58% and 94% their original list price; being on the market for 624 days and 64 days, respectively. Rates rose this week after dropping for three straight weeks. The 30-yr fixed mortgage was 5.20% this week up from 5.14%.  The average 15-year …

Weekly Condo Update 07/17/09 – Condos for Sale on Singer Island, Florida

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There are 335 condos for resale on Singer Island; 8 condos are currently pending. Three condos sold within the past 7 days for an average 71% their original list price. Rates dropped for the third straight week. The 30-yr fixed mortgage was 5.14% this week down from 5.20%. Last year at this time, the rate for a 30-yr mortgage averaged 6.26 percent.  The average …

Real Estate Market Trends in Palm Beach County – June 2009

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Trend reporting has its place keeping in mind that real estate is such a local business.  When trending covers a large area, like the nation, the averages have little meaning to the individual.  It this case the trend reports are for condos in Palm Beach County, Florida which narrows the results enough to give them some credibility.  The following graphs …