Singer Island – 2nd Quarter 2014 Market Update

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“Keeping a 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…” Here we are half way through 2014. The 1st five months of the year …

Singer Island Market Update – January 2014

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Welcome to the 2014 “Season”.  With record cold temperatures up north, the influx of activity here is quite intense; heavy traffic on the roads, long waits at the restaurants and a very active real estate market. As we move past the first month of 2014, let’s recap the latest stats for condominium re-sales on Singer Island: January saw 14 condo …

Palm Beach County Property Values on the Rise

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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 …

Singer Island, Florida – Market Update: September 2011

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Ritz Carlton Singer Island The first sighting of car carriers from the north has arrived on Singer Island. It is less than three months until we are full blown in the midst of “Season”. Rick Sharga, an executive vice president with Carrington Mortgage Holdings, said “The U.S. housing market will hit bottom this year and remain flat until 2014, when it …

Singer Island Market Update: July 2011

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Moving into the second half of 2011, The Walker Real Estate Group remains one of the top sales teams on Singer Island with over $20 million sold in the past 12 months.  “>The overall economic outlook for the next 12 months does little to instill confidence in the real estate market; and could push interest rates up.”>Demand for seasonal and …

Singer Island, Florida – Weekly Condo Market Update: 06/24/11

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Singer Island, Florida There are 269 condos for resale on Singer Island; 11 condos are currently pending. No condos sold within the past 7 days. Rates for the 30-yr. fixed mortgage held steady at 4.50 percent this week. The average 15-year fixed mortgage rate increased slightly to 3.69% from 3.67% last week. Last year at this time, the 30-year fixed-rate mortgage averaged 4.69 percent. Frank …

Singer Island Market Update: 4/16/2011 – 4/30/2011

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Real estate activity in 2011 continues to improve over the previous year.  For the first 4 months, condo sales on Singer Island increased 62 percent over the same period in 2010, selling 73 units verse 45.  Of particular interest was the sale of condo/hotel units at the Resort at Singer Island.  In the first 4 months in 2010, there were …

Singer Island Florida – Weekly Market Update 06/11/10 – Condos for Sale

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2700 North Ocean – Ultra-Luxury There are 326 condos for resale on Singer Island; 16 condos are currently pending. Two condo sold within the past 7 days at 80% and 90% of their respective list price after being on the market for 659 and 72 days, respectively. Rates for the 30-yr. fixed mortgage remained below the 5% benchmark falling to the lowest …

Singer Island Florida – Weekly Market Update 06/04/10 – Condos for Sale

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  2700 North Ocean – Ultra-Luxury There are 318 condos for resale on Singer Island; 15 condos are currently pending. Two condo sold within the past 7 days at 64% and 80% of their respective list price after being on the market for 1059 and 659 days, respectively.    Rates for the 30-yr. fixed mortgage remained below the 5% benchmark going from …

Singer Island Florida – Weekly Market Update 05/21/10 – Condos for Sale

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There are 317 condos for resale on Singer Island; 18 condos are currently pending. Two condo sold within the past 7 days at 55% and 80% of their respective list price after being on the market for 244 and 68 days, respectively.       Rates for the 30-yr. fixed mortgage remained below the 5% benchmark at the lowest level this year going from 4.93 percent to …