Below are the statistics behind the September 2008 Boca Raton real estate market.  This shows the activity within the single family homes and condos/townhomes in the East Boca Raton area - which includes all homes between Military Trail and the Atlantic Ocean.

      Boca Raton Real Estate

When comparing these numbers to August 2008, the number of both new listings and sold listings dropped slightly this month, however, where the average sold price and number of days the condos/townhomes were on the market had a turn for the better.  The average sold price of the 44 condos/townhomes in Boca Raton, FL, was $408,347, versus $334,397 last month and the average number of days each of these condos/townhomes were on the market as active dropped from 242 to 200.

If you have any…

2242 Views, 0 Comments

Read Full Post

If you have found the Boca Raton real estate you are ready to buy, the first order of business is a purchase offer. A spoken offer is not a legal offer when it comes to the real estate market. The seller of the home and the prospective purchaser must have a written contract specifying terms of the offer as well as the purchase terms. This is the standard procedure for making an offer on a home you want to purchase even if you are willing to pay the asking price or pay with no financing.

 

The purchase offer must be written to the specifics of the state in which you live. Boca Raton real estate is subject to the State of Florida rules and regulations. The purchase order is filled out with the specifics and is usually only open for a short period of…

2164 Views, 0 Comments

Read Full Post

Boca Raton is the high class society with many affluent families. The high income levels are proof of this. Forbes Magazine has said that Boca Raton real estate is the site of three out of ten exclusive gated communities in the United States.

Royal Palm Yacht & Country Club, Boca Raton Real Estate Gated Community

Boca Raton, FL is a diverse city with a population of 74,764 as of the last census which was in 2000. Of this amount of the population 90.75% was white, 3.76% African American, 0.16 Native American, 1.99% Asian, 0.04% Pacific Islander, and 1.39% from other nationalities. 1.90% are mixed with two or more races.

 

Estimates in 2006 put the median income of Boca Raton real estate owners and occupants at $66,052. This was for a household and the family median income was $90,725. Of this amount males…

4723 Views, 0 Comments

Read Full Post

You have found the perfect Boca Raton real estate that you want to call home and are ready to write the purchase offer. But what is included in this document? The purchase offer must include the earnest money offer by the purchaser, the address of the property, the sale price, terms of the proposed sale, tentative date for closing, and any provisions the buyer would like to be a consideration for the purchase of the property, among other things. This can include such requirements as termite inspections and mold inspections. Specifics of the deed and the time limit the seller has to either accept the offer or make a counter offer are included as well. The purchase offer is only open for a short period of time.

 

The purchase offer is delivered to the…

2175 Views, 0 Comments

Read Full Post

One of the oldest restaurants around in Boca Raton is Arturo’s. This is a bonus stop when you are in the area looking at Boca Raton homes for your new living arrangements. You can enjoy your evening by having dinner at the establishment that has Italian fare you will surely love. This restaurant is known for the traditional Italian dishes they serve as well as the tremendous selection of seafood.

 Florida's first Glatte Kosher Restaurant

You may want to visit Florida’s first Glatt Kosher restaurant, Falafel Armon, too. This is the oldest of this type in the county of Palm Beach. This is one stop you will truly enjoy after spending a day looking at Boca Raton homes! The recipes are old family ones that have been handed down for many generations. The dishes from Israel are sure to please your…

2235 Views, 0 Comments

Read Full Post

When you are in the neighborhood, looking at Boca Raton homes or just spending the day with family or friends, one excursion I would recommend is visiting the Boca Raton Museum of Art. Boca Raton Real Estate - Museum of ArtThis is a museum that the children will certainly enjoy, with their wide range of exhibitions, educational programs, and studio art classes; this makes for one of the best choices around for learning about Boca Raton’s history. There are several works here by famous artists such as Degas and Picasso. The works of Louise Nevelson and Andy Warhol are also on the agenda.

 

Consider visiting the Dagger Wing Nature Center too, which encompasses thirty-nine acres of natural swampland. Crawling with wildlife and birds, this natural swamp is one of the best places to learn…

2563 Views, 0 Comments

Read Full Post

The month of August 2008, brought a notable number of sales and a substantial number of listings throughtout the Central and West Boca Raton real estate area.  The number of days the properties took to sell were significantly less than those on the East side of Boca.  Similarly, the projected number of months those still active will take to sell is also considerably less than those on the East side of Boca, but also are priced less and are without the waterfront and other highly desireable locations.

Below you will see a chart which outlines the activity within the Central and West Boca area of Boca Raton real estate - these are all homes located West of Military Trail.  I will be providing this information on a monthly basis, so please save this as a…

2145 Views, 0 Comments

Read Full Post

Here are the numbers behind the August 2008 Boca Raton real estate market.  This shows the activity within the single family homes and condos/townhomes in the East Boca Raton area - which includes all homes between Military Trail and the Atlantic Ocean.

East Boca Raton Real Estate Market Conditions ~ August 2008

As you can see from this chart, both home types are selling at a steady rate, being indicative of the market conditions we have been seeing for the past several months.  Properties that are priced well, just as in any hot or cold market, will sell quicker than those over-priced. 

Twelve of the homes sold during the month of August were listed over $1,000,000 - six of them condos and six single family homes.  One of these homes, located at 760 Havana Drive, within the exclusive Carribean Keys, a …

2415 Views, 0 Comments

Read Full Post

It is my pleasure to introduce to you this distinguished Boca Raton gated community called Long Lake Estates.  One of the most prominent features of this outstanding community is the privacy you will find within each homesite, being at least one acre or more.  Approximately 70 of these estate homes are on the large lakes, which wrap around the community giving meaning behind the community's name.

Long Lake Estates is a very family-oriented development which began construction in the mid-1970's, although homes are still being constructed within the community.  The most recent home was completed earlier this year which offers over 9,000 square feet of living area, six bedrooms, seven and a half baths and a five bay garage.  The home also boasts a…

3796 Views, 0 Comments

Read Full Post

Boca Raton, FL Skyline

Boca Raton was originally listed as Boca Ratones in the early maps of the area and was the center of a Florida land boom in 1925. Addison Mizner, an American architect, became fascinated with Mediterranean Revival style architecture, and upon moving to Florida (for his health) formed the Mizner Development Company. This company, with its cast of investors, were to buy the city of Boca Raton, FL and change it from a small unincorporated area to an upscale resort. It was referred to as the “Venice of the Atlantic

3009 Views, 0 Comments

Read Full Post