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Boca Raton Real Estate

Boca Raton Real Estate

Found 198 blog entries about Boca Raton Real Estate.

Are we in a bubble? Over the summer it seemed everyone was speculating upon whether or not we are in the midst of a housing price bubble. It is too early to predict a market shift in residential real estate, but there are some common indicators that contributed to the previous market crash rearing their heads again. 

Affordability Concerns

Wage increases have not kept the same pace as home prices, leading to affordability concerns - particularly with lower-priced homes. Additionally, predicted interest rate hikes will continue to affect borrowers’ buying power. 

Supply Concerns

On the other hand, demand continues to outpace the supply of available homes in many markets. This trend leads to increased prices overall. Median Sales Price of

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June’s performance for the Palm Beach County real estate market for existing homes largely reflected the prevailing trends that we had seen for 2018 thus far, as revealed in the latest market statistics from Florida Realtors.

Closed Sales

Overall, 50 fewer single-family homes sold in Palm Beach County in June 2018 as compared to June 2017, a 2.7% decline. Meanwhile, 60 more condos and townhouses sold this past June, an increase of 4.9% compared to the same period the previous year. The number of closed sales year to date (January-June 2018) did not change from the previous year for single-family homes and rose 4.3% for condos/townhomes. 

Inventory

The absence of sales growth (especially in single-family homes) of the past couple of years is due

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Newly Priced at $349k! 3 Bed 2.5 Bath Updated Townhouse in Boca Raton's Montoya Circle Community 

6666 Thornhill Court: $349,000.00

Beautifully updated 3 bed 2.5 bath, two-story townhouse located in Thornhill Village in the desirable Montoya Circle community. Enjoy an easy walk to shopping, worship and restaurants. This cozy neighborhood has 40 units on one gorgeous tree-lined street. Upon entering you'll notice the luxurious marble floors leading you into the great room, where cathedral ceilings with a skylight, and a wall of sliding doors fill the room with sunlight. Kitchen was enlarged and updated with granite counters and SS appliances. 1 bed and a half bath downstairs. Upstairs is the large master suite with a private sitting area and

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 If you are thinking of buying or selling a property in the Boca Raton area, you probably have some preconceived ideas about the process. Here are a few of the common misconceptions that we agents encounter:

  1. You should list your house a little bit higher than the market to leave room for negotiating. Anyhow, if it is priced too high you can always lower it.
    Listing your home at too high a price might actually result in you getting less than if you had priced it properly from the start. With virtually all buyers doing research online, they are very well-informed about the state of the market and what prices should be. Buyers and their agents will not look at a property that they perceive as overpriced. The more buyers that see your house, the
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Just Listed! 3 Bed, 2.5 Bath Updated Thornhill Village Townhouse in Boca Raton's Montoya Circle Community

List Price: $365,000.00

Beautifully updated 3 bed 2.5 bath, two-story townhouse located in Thornhill Village in the desirable Montoya Circle community offers an easy walk to shopping, worship and restaurants. This cozy neighborhood has 40 units on one gorgeous tree-lined street. Upon entering you'll notice the luxurious marble floors leading you into the great room, where cathedral ceilings with a skylight, and a wall of sliding doors fill the room with sunlight. Kitchen was enlarged and updated with granite counters and SS appliances. 1 bed and a half bath downstairs. Upstairs is the large master suite with a private sitting area and

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Palm Beach County’s housing market reported rising median prices along with reduced listing inventory in May 2018 as compared to May 2017, according to the latest housing data released by Florida Realtors®. 

Notable facts from the latest statistics include:

The Market for Single Family Homes and Condos/Townhomes is Different
The median price of closed sales in Palm Beach County for single-family homes continues to rise, with a 5.7% increase from the same period last year. The median price now stands at $354,000 for single-family homes. The median price has increased every month this year for single-family homes. 

The median price for condos and townhomes did go down somewhat this month as compared to the previous year, as well as month to

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Selling a home is a difficult and emotional process and obviously you want to get the highest price possible. There are many factors that affect the price that you will ultimately get for your house. Some of these include: recent past sales in your neighborhood (what appraisers look at), what is currently on the market (your competition), interest rates, and general market conditions. Additionally, you must keep your house in mint “show ready” condition, and make it easy to be shown. Lastly, your Realtor® needs to be an expert negotiator adept in marketing your home for maximum exposure. 

 

Price Reduction.

Setting an initial asking price is more art than science. Often, our sellers will want to price the property higher than what we recommend, so they will have

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golden triangle

The Golden Triangle represents the neighborhood adjacent to Mizner Park in downtown Boca Raton. Encompassing the subdivisions of Boca Villas, Kings Court, and Whisem, the Golden Triangle neighborhood has become one of the hottest and most desirable communities to live in.

The neighborhood was characterized by small homes built primarily in the 1950’s. Beginning in the early 2000’s, many of the original homes have been demolished to make way for larger, more modern homes. Most of the original homes are now being sold for lot value, as both end users and developers have discovered the potential of living in one of Boca’s best locations.

Located north of Palmetto Park Rd, East of Mizner Park, and West of the Intracoastal, residents enjoy the

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I had the pleasure of working with a lovely family to purchase this beautiful five bedroom, 4.1 bath home situated on 2.5 acres for $1,560,000

The home was fully renovated from top-to-bottom which brought to life the stunning lakefront home in this exclusive community of Tierra Del Rey. 

The spacious, open layout of this house combines the distinctive living/dining areas with the elegant high-end kitchen. The fresh, modern design of the house features beautiful porcelain tile floors with a washed-finished wood-look and high-style light fixtures. 

The homebuyers fell in love with this peaceful and tranquil neighborhood and its sprawling estates. If you are looking to sell your home or find your dream home in Delray Beach or the

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According to the latest housing data released by Florida Realtors®, Palm Beach County’s housing market reported sharply rising median prices and more closed sales, along with slightly reduced listing inventory in April 2018 as compared to April 2017, according to the latest housing data released by Florida Realtors®.  

Here’s what buyers and sellers of Boca Raton real estate need to know.

Median Price Continues to Climb

The median price of closed sales in Palm Beach County continues to climb, with a 5.8% increase from the same period last year for single-family homes, and 9.7% for townhouses and condos. Pushing up the median price (half sold for more/ half sold for less) is the fact that more expensive homes are selling. In fact, the average

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