Boca Raton Real Estate Blog - Caesar Parisi

Boca Bridges is Opening for Sales!

The long-awaited next “Bridges” by GL Homes development has opened. Following on the success of The Bridges and Seven Bridges, GL is opening sales for its newest luxury community. Located just south of Seven Bridges, on the West side of Lyons Rd and just north of Clint Moore. Boasting a Boca Raton address, there will be over 500 single family homes ranging from the $800,000s to $3,000,000. Boca Bridges will appeal to the buyer looking for a luxury lifestyle with all of the amenities but without the expense and buy-in of a country club community. 

The Lifestyle

One of the highlights of the community is the luxurious and extensive lifestyle complex, featuring a 27,000 square foot clubhouse and more than seven acres of recreational space. The…

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A Look at Palm Beach County’s March Real Estate Activity

 According to the latest housing data released by Florida Realtors®, Palm Beach County’s housing market reported rising median prices and more closed sales. Additionally, the listing inventory experienced a slight reduction in March 2018 as compared to March 2017. 

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 continues to climb, with a 7.1% increase from the same period last year for single-family homes, and 9.3% for townhouses and condos. The median price also climbed month over month. The median sale price in March 2018 was $348,000 vs. $345,000 in February 2018 for single-family homes, and $177,000 vs. $170,000 for townhouses and condos. 

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The Fair Housing Act Fifty Years Later

This month marks the 50th anniversary of the Fair Housing Act of 1968. President Lyndon B Johnson signed the legislation into law on April 11, 1968 — on the heels of the tragic assassination of Martin Luther King Jr. This landmark legislation prohibits discrimination based on race, color, national origin, religion, sex, familial status or disability. Not included is equal opportunity in private housing on the basis of sexual orientation and gender identity, although about half the states have enacted legislation banning this discrimination (unfortunately not Florida). 

The Fair Housing Act was designed in part to end the racially discriminatory practices which resulted in segregated neighborhoods. The discrimination was perpetrated by both…

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A Look at Palm Beach County’s February Real Estate Activity

Palm Beach County’s housing market reported rising median prices and more closed sales, along with slightly reduced listing inventory in February 2018 as compared to February 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 jumped significantly over the same period last year. The median price is the midpoint, meaning half the homes sold for more, half for less. Months supply of inventory (how long it would take to sell all of the current homes listed for sale) is still hovering around 6 percent, which indicates a balanced market favoring neither buyers or sellers. 

Closed Sales…

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Steer Clear of the 6 Most Costly Home Selling Mistakes

Now that real estate prices have just about returned to market highs, many people are considering selling a home in Florida. Theprocess of selling your home involves many challenges, which are both time consuming and emotionally draining. These challenges make it easy to make costly mistakes. However, these common pitfalls can be avoided with guidance from an experienced real estate professional. If you want to get the most money out of your home in a reasonable amount of time, follow my advice.

Mistake #1: Pricing Incorrectly 

Setting a strategic asking price for your property right out of the gate is the key to a successful sale. Homes that are overpriced will not attract attention, and thus will receive fewer showings. Ultimately, these…

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3 Landscaping Tips That Are Sure to Save Boca Home Owners Money

When putting your Boca home on the open market, the obvious goal is getting as much money as you can in as little amount of time as possible. And while making sure the inside of your home is in tip-top shape will always be a top-priority before selling, spending plenty of time on the outside of your home is also a necessary component to achieving all your home selling goals. 

Landscaping will undoubtedly play a critical role in getting a home sold, especially when it comes to attracting potential home buyers initially. 

Let’s face it—if you can’t grab a buyer’s attention from the outside, do you really think that same buyer will take the next step and see what the inside of your home has to offer? Not likely; and that’s where landscaping comes into…

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Buying Maintenance-Free In Boca? Here's a Brief Look at HOA Fees & What They Mean For You as a Homeowner

With Boca Raton being one of the top retirement destinations in the entire country, maintenance-free housing options here are beyond plentiful. But when you buy a condo, townhouse, or even a home in a gated or golf course community, home owners are required to pay a home owners’ association fee for common area maintenance and upkeep, which can be billed monthly, quarterly, or sometimes even annually.

So if you’re planning on being in the market for a new home or condo this spring, here’s a brief overview of HOA fees and what it may mean for you as a new home owner.

The Basics

As just alluded to above, the general idea behind an HOA fee is to help maintain the common areas of a condo building or community, which could including anything from the…

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A Look at Palm Beach County’s January 2018 Real Estate Activity

Palm Beach County’s housing market reported rising median prices and reduced listing inventory in January 2018 as compared to January 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 Ticks Upward 

January marked 73 consecutive months that the median sales prices for both single-family homes and townhouse-condos rose year-over-year. The median price is the midpoint, meaning half the homes sold for more, half for less. Months supply of inventory is only 5 months for single-family homes and 6 months for condo and townhouses.

Shrinking Inventory Putting Pressure on Buyers

In many sub-markets, particularly those below the $500,000 price…

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5 Factors To Consider When Choosing the Right Boca Condo Building

If you’ve made the decision to buy a Boca condo but don’t exactly know where to begin your search, we’ve got you covered. Unlike buying a single-family home, where buyers also have to consider backyard dimensions, exterior style and design, and countless other factors that specifically relate to detached residences, condo buyers need to focus on a variety of other characteristics, starting with the following…

Amenities 

Most condo buildings in Boca Raton offer plenty of lifestyle amenities for residents to enjoy, which could range from resort-style swimming pools to state-of-the-art exercise facilities. Keep in mind, however, that the more glamorous a building’s amenities are, the more expensive your HOA fees will be each month. 

New vs. Old 

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3 Bidding War Strategies to Consider During Boca's Busy Spring Market

It’s certainly no secret that the spring season is one of the busiest times of the year for the Boca housing market. And with more people looking to buy a home or condo, chances are you may find yourself in a bidding war if you too are in the market for a new home or vacation residence.

But as the busy spring market fast-approaches, facing stronger buyer competition doesn’t always result in a more stressful home buying experience, as long as you’re well-prepared. And as we’ll discuss below, offering the most money isn’t the only bidding war strategy to consider when you find yourself competing for an available listing.

All-Cash Offers Are King

While not everyone is able to pony up the cash for a new place, doing so greatly improves your chances…

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