October 2019 Market StatsNewly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for October 2019. Read on to learn more about the real estate market in South Palm Beach County:

Economic Indicators

In October, mortgage rates increased slightly from the three-year lows seen in September. While the Federal Reserve reduced the federal-funds target rate by .25%, this decline was widely expected and largely factored into mortgage rates already, which are still approximately 1% lower than this time last year. Fannie Mae is predicting that continued low rates, and possibly lower rates are expected in 2020.

Local Market Overview

As in previous months, the year over year…

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SOLD!!! 5BR/4.2BA Gorgeous Mediterranean Style Home in The Oaks at Boca Raton: 

17794 Lake Azure Way, Boca Raton, Florida, 33496

Sold Price:  $775,000

 

I had the distinct pleasure of working with these buyers and searching for their new home!  This family knew they wanted at 5 BR home in Boca Raton, but they were not familiar with the various communities and amenities. We zeroed in on the The Oaks because of the country club like amenities, beautiful home sites and elegance of the community. We found a home that met all their needs and they are beyond excited for moving day!

The home is part of The Oaks of Boca Raton: an amenity rich, luxury lifestyle community featuring tennis, fitness, spa, dining, and social events.  If you are…

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sept 2019 market statsNewly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for September 2019. Read on to learn more about the real estate market in South Palm Beach County:

Economic Indicators

Although mortgage rates remain low, and the economy is strong, we are still hampered by low inventories and fewer home sales. In Washington there are discussions around a broad overhaul of the housing finance system, including the re-privatization of Fannie Mae and Freddie Mac and reforms to federal agencies involved with financing substantial portions of the mortgages made every year. Many of these policy conversations and eventual changes will take months or years to be…

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August 2019 Market StatsNewly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for August 2019. Read on to learn more about the real estate market in South Palm Beach County:

Economic Indicators

As the summer draws to a close, multiple opposing factors and trends are competing to define the direction of the real estate market. After the Federal Reserve lowered its benchmark interest rate on July 31, 30-year mortgage rates continued to decline, approaching all-time lows last seen in 2016. [UPDATE: On September 18, 2019, the Fed cut rates another ¼% for a target range for the Federal Funds Rate of 1.75-2.00%]. In spite of these rate cuts, most experts agree that the…

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Just Listed: 10259 Isle Wynd Court, Boynton Beach, FL 33437

Just Listed by Trudi Sponder for Boca Expert Realty! Magnificent 4 Bed. 4 ½ Bath Pool home in a small gated community for all ages in Boynton Beach.

The first floor features a very spacious Master Suite with his and her closets, Dual sink vanity oversized tub and separate shower. In the kitchen, you find ample beautiful cabinetry, tumbled tile backsplash and granite counters. Gas equipped dual ovens, gas stove cooking top, 2 separate dishwashers, dual stainless sink, microwave, a center island with an additional sink. The breakfast area, family room, and master bedroom all overlook the backyard oasis with designer pool and lush landscaping for your privacy. The family room, living room,…

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Sold!  3 Bedroom 3.5 Bath Townhouse in East Boca Raton:

492 E. Boca Raton Rd Boca Raton, Florida 33432

Sold Price: $905,000

            

 

I had the pleasure of working with a couple from Birmingham, Michigan who are planning to make their new home in Boca Raton. They wanted either a one-story home or a multi-level with an elevator. High on their priority list was a walkable area. We found a beautifully updated townhome with an elevator, in East Boca, walking distance to the beach, downtown Boca, Mizner Park, concerts, movies, shopping and more.

This townhouse belongs to the boutique-style townhome community of Fifth Avenue Place. It is located on a lovely street in the desirable neighborhood of Golden Triangle in East Boca

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July 2019 Market StatisticsNewly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for July. Read on to learn more about the real estate market in South Palm Beach County:

Economic Indicators

In July, the U.S. economic expansion that began in June 2009 became the longest in the nation's history, marking 121 straight months of gross domestic product growth and surpassing the 120-month expansion from 1991 to 2001. The average rate of growth during this expansion has been a milder 2.3 percent per year compared to 3.6 percent during the 1990s. Many economists are predicting a mild recession as some indicators (inverted bond yield, etc) are pointing in that direction.

During the…

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Magnificent Deep Water Estate Home in East Boca Raton

591 Phillips Drive: $4,500,000

 

This Mediterranean, waterfront home, is for the discerning buyer who values authentic over faux. Situated in the desirable East Boca area of Golden Harbour, right near downtown Boca and Mizner Park, dock your boat right behind your home and enjoy easy access to the Intracoastal and ocean. This architecturally classic style has been built in tropical climates for centuries. Every detail that is true to this form is in this unique home - terra-cotta roof tiles, coffered and beamed ceilings, wrought iron gate leading to substantial distressed solid wood front doors, balconies off bedrooms, burnished Spanish terra-cotta floors complemented by Brazilian walnut, high…

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Fabulous Pool Home in Estancia West

5 Bedroom, 3 Bathroom

7133 Estancia Lane: $895,000

 

 

This fabulous home is perfect for entertaining and for your own private paradise. Enjoy gatherings in the formal living and dining areas and the generously-sized family room graced by a fireplace, wet bar and large french doors that lead out to the sparkling pool area.

The Chef’s kitchen boasts a Thermador built-in Refrigerator and 7-burner cooktop, 2 Bosch dishwashers, 2 sinks, 2 convection ovens, and extensive granite counter space. 

A huge very private master suite with an updated bathroom opens up through french doors to the backyard paradise: an outdoor kitchen, covered patio and electric and solar heated pool with waterfall.

4…

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We are proud to announce that Boca Expert Realty has been selected as the exclusive representative for Leverage Global Partners in Boca Raton and the surrounding areas in Palm Beach County, Florida. Boca Expert was chosen based on our reputation and success in the local market, and consistency in providing exceptional service to our clients. Leverage Global Partners is an international community of independent brokerage firms who align under shared standards of care, market expertise and service. The member brokerage firms who have been chosen to join Leverage have been vetted and trusted with the exclusivity of being the Network’s sole representative of their markets. This partnership aligns the most prestigious independent luxury real estate…

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