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Another short sale, another great deal! This 4 bedroom,  2.5 bath, 2,552 sq. ft home in Symphony Bay was originally listed for sale at $289,000 in August and just sold by our buyer’s specialist, Karen Rothstein, for $265,000, under current market value. Karen’s client is thrilled to have found this spacious and updated 2 story single family home with tile and wood flooring throughout in a highly sought after community. This home, built in 1995, has an updated kitchen with granite counter tops and stainless steel appliances, beautiful draperies, newer AC and hot water heater and a pool. This was a fabulous value in a beautiful West Boca Raton community with low monthly HOA’s and A+ schools.

 

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Our buyer’s specialist, Karen Rothstein, found her happy home buyer this stunning 3 bedroom, 2 bath, 1,902 square foot, single story home built in 2005, with a 2 car garage, on the lake in Bexley Park! This Berkshire model home features beautiful cherry laminate wood floors throughout, an eat-in kitchen with granite counter tops, wood cabinets and a breakfast bar, lovely arches and volume ceilings, and a gorgeous sitting area that overlooks a patio and a lake. The master bath has a luxury soaking tub, a separate shower, and dual sinks. The home was listed in early November for $255,000 and Karen’s client bought it for $245,000. Bexley Park is a lovely community with a pool, tot lots, walking trails, and picnic areas. There is a city park…

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There were a total of only 23 closed home sales in the Montoya Circle Boca Raton neighborhood in 2010, comparable to the 24 which closed in 2009. Both these past years saw a decline of the numbers in recent previous years. Of this year’s Montoya Circle sales, six were short sales, and two were bank owned properties. The trend towards lower prices continued, especially in the lower end townhomes and homes in Montoya Estates and Captiva, as there is more supply than demand in the under $400,000 price range. Two homes in Montoya Circle sold for $1,000,000 in the past year, which were the highest priced properties which sold in the neighborhood. The community is characterized by its proximity to the popular Boca Raton Synagogue and continues to…

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Come and See this great home w/ many options in a prime area of Boca Raton in Montoya Circle! Walk to worship and great shops and restaurants in the nearby Garden Shops of Boca Raton. The open floor plan hosts a large eat-in kitchen, center hall, vaulted ceilings w/ skylights, & many updates. The perfect family home in the best zoning for A+ Boca Schools! The spacious, eat-in kitchen has updated cabinets, double sinks, 2 dishwashers, a pass thru into the dining area, and sliding glass doors that lead out to the private side yard. The great room has cathedral ceilings w/ skylights, & access to a screened in patio. Wide center hall has washing station w/ cabinets. The private master bedroom has a newly updated master bath and a lovely view & access…

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buy-vs-rent-home_200The latest rent ratios were released by Moody’s and can be seen in this New York Times article, giving support to the argument that in South Florida at least it is looking like it is more worthwhile to buy than to rent in today’s market of depressed home prices.

The rent ratio is the purchase price of the property divided by the annual cost of renting that property. The premise is that if the ratio is more than 20 (as in New York City for example), it is a better economic decision to rent. When the ratio is less than 15, the advantage tilts to owning. Between 15 and 20 is up in the air, but of course these ratios do not take into consideration potential price appreciation.


Because of the low prices and amazing opportunities in the Boca…

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dolchin_blog_512 This spacious 2/3 bedroom condo of 2,124 sq ft. with incredible views in Boca Pointe just sold for $212,500. This prime Boca Raton real estate was originally listed with Gloria at $250,000 in July. The price was reduced to $225,000 in August, and an offer was accepted in November. Gloria sold this home after less than 4 months on the market. Boca Pointe offers a beautiful lifestyle with optional country club membership in a great central Boca location.  With only 2 apartments per floor, and a glass enclosed wrap around terrace with expansive North and East vistas, this 2 bedroom, convertible den with 2.5 baths and a huge eat-in kitchen with laundry room, sold at an unbelievable price.   

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blog_grelck_1_512_01 The buyer of this charming Boynton Beach real estate 2 bedroom, 2 bath home of 1,292 square feet in Boynton Lakes  got a fabulous deal. Gloria listed this home as a short sale to sell in August and an offer was accepted at the asking price of $115,000 after just 2 weeks! This adorable home is located on a quiet street on a cul-de-sac. The 2 screened-in patios allow for 2 beautiful outdoor living spaces, one just off the kitchen and living room and the other just off the master bedroom. The 2 car garage, updated eat-in kitchen with pantry, bahama shutters, plenty of storage space and great location near the community pool, and clubhouse made this home that was priced right sell quickly! The sellers bought this house in May 2006 for $254,000. As…

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anson_blog_pic_r3010445_201_12_512_03                            In one of Boca Raton’s most desirable seaside neighborhoods, Spanish River Land, this lovely home on a 100 X 150 lot with a split bedroom plan and private screened pool and patio area was just sold by Gloria for $700,000.  The Canadian buyer contacted Gloria through her website over a year ago and requested that she send him listings as he was interested in purchasing a second home in Boca Raton and wanted to take advantage of the great prices. He was thrilled when Gloria found him this 3 bedroom beauty of 2,405 sqaure feet in Spanish River Land just 3 blocks away from the beach in one of the best areas in East Boca. The home was originally built in 1960 and is located in a highly desirable historic area. It was…

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You must see this gorgeous, completely redone, 2 bedroom Boca Raton home for sale in Boca Ridge. This home has been completely updated with nothing left to do except bring your personal items and move right in! Complete with new marble floors throughout, this charming home is newly painted in neutral colors, has all new plumbing & electric, new ceiling fans and light fixtures, a new Euro kitchen and 2 new elegant bathrooms. The stunning kitchen has cafe' cherry hardwood cabinets, granite countertop, marble backsplash, new stainless GE profile appliances that are under a 3 year warranty, and is complete with an island that has a butcher block wood top. The 2 bathrooms have beautiful travertine bowl sinks with new faucets, kohler toilets, all new…

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SHORT SALE JUST SOLD IN TIVOLI RESERVE!!!!

Gloria listed this fabulous 4 bedroom home in Tivoli Reserve in Boynton Beach on July 20th, 2010. Tivoli Reserve is a very popular active adult (55+) community in a great location of Boynton Beach. This was a short sale and it really moved fast. The lucky buyers got a great deal on a fabulous upgraded Roma model that featured a stunning gourmet kitchen, spacious master suite, and gorgeous back patio area with a tranquil pool and spa. The satisfied seller is very happy to have sold so quickly in this market. The seller purchased this home brand new from the developers in 2003 for $401,696. The new owners just paid $350,000. If you are interested in selling your house, and you are also underwater…

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