Boca Raton Real Estate News & Events

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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If your dream condo is light and bright, primely located and offers fabulous water views, your search stops here. This rarely available 3 bedroom, 2.5 bath condo on one of Braemar Isle’s highest floors is fully renovated and move-in ready. The unit is priced at $1.125 million and offers impact glass windows, plenty of closet space and a full-sized washer and dryer — and that’s only the beginning.

At a Glance

Just to the right of the spacious family room pictured above is a sleek kitchen fitted with modern wooden cabinets, granite counters, a vibrant glass backsplash, and stainless steel appliances. This contemporary style carries through to the rest of the condo as well, including in the amply sized master bedroom which features two walk-in…

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Come home to the Intracoastal community of Highland Beach Club, where this contemporary fourth-floor condo has been fully renovated for your arrival. Offering two bedrooms, two baths, and a large split-bedroom floor plan, you’re sure to fall in love with this residence before you’ve even packed your bags. 

At a Glance

As you enter the condo, you’re greeted with a beautiful open space with stunning porcelain tile throughout. The dedicated dining area is just to the left, and the expansive living area is straight ahead. Just past the living room, a large balcony is waiting to be enjoyed, offering garden views and salty breezes. Off to the right is the kitchen, fitted with stainless steel appliances and a large breakfast bar for more casual…

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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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Numbers are in for 2017 real estate sales, and we continue to see some challenges for buyers, especially first-time and entry level buyers. Constrained inventories in the lower price ranges are often producing multiple offers, and buyers with finance contingencies are losing out to cash buyers in many cases. In fact, 46% of closed sales in the Boca Raton real estate market had no financing at all.

A Look at the Numbers

2017 Market Update 

All in all, activity in Boca Raton was within a normal range when comparing 2017 to 2016, as well as for Palm Beach County as a whole. The significant changes were in the average and median sales prices, which increased more than 6% countywide. Otherwise, slightly fewer listings came to market in 2017, with a corresponding…

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I recently had the opportunity to represent the sellers of this spectacular three-bedroom oceanfront condo, which ultimately sold for $945,000 after only 23 days on the market. 

 

 

Located at the upscale Ocean Dunes Condo in Highland Beach, this beautiful unit boasts fabulous ocean views from the floor to ceiling windows located in the living room, dining room and master bedroom. It also features a covered terrace where the sights and sounds of ocean views can be enjoyed. 

 

 

Marble floors are found throughout the condo, with the exception of the third bedroom with features wood flooring. The entire residence is open and spacious, with crown molding, smooth ceilings and motorized screen shades in the living room adding…

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Boca Raton Market Updates

If there’s one question our Boca Raton real estate agency gets more frequently than any other in real estate, it’s “so, how’s the market?” Many real estate professionals will simply assure the questioner that it’s great or incredibly busy, but that really is doing the person asking a disservice. In reality, there is truly not a succinct answer. As I touched upon last month, our local area is actually more of a dual market. As is true in most markets, the higher up the price ladder, the more lengthy the time on market will be.

In addition to neighborhood and price, there are several other factors that must be considered to accurately determine market condition. The good news is that real estate cycles are long, slow and predictive, and studying…

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Gumbo Limbo at Boca Raton

Summer is in full swing here in Boca Raton, and there’s no better place to spend the warmer months than our local area. The city has a wide variety of exciting activities all year round, and the summertime is no exception. Our Boca Raton real estate agents all live in the area, and are always happy to offer up recommendations to newcomers in search of excitement.

Here are four of our favorite summer activities in Boca Raton.

Explore Gumbo Limbo Nature Center

If you’re a nature lover, a trip to this environmental center is a must. With a sea turtle rehabilitation center, outdoor marine aquariums, and a butterfly garden, there are plenty of opportunities to see wildlife. The complex also has two trails (one of which is a boardwalk trail), an…

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Situated on a secluded 1/2-acre lot, this expansive custom estate home has been lovingly renovated into a paradise fit for even the most discerning buyer.

 

This fabulous estate features 5 bedrooms + loft, 4.5 baths, floor-to-ceiling windows, 24' ceilings, designer window treatments and light fixtures, and recessed LED lighting throughout. The first floor master suite has spectacular floor-to-ceiling windows with a stunning view of the private backyard and a secluded patio area, under-lit onyx countertops in the bathroom, walk-in glass shower, and spacious Roman tub.  The state-of-the-art chef's kitchen features a 6-burner gas Thermador stove with double ovens, custom Thermador panel trio with wine cooler, refrigerator, and freezer, spacious…

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Summer is officially here, and just as the weather is heating up, so is the Boca Raton real estate market. Florida Realtors® has released its report for May 2017, and the statistics show that both buyers and sellers can thrive right now in our local area — with the guidance of a qualified agent, that is.

Whether you’re looking for a condo by the beach or a single family home, here’s what you need to know as we enter the summer season.

Single Family Homes in Palm Beach County

The single family home market in our local area brought some notable shifts in May. Closed sales were on the rise both year-over-year and month-over-month, much to the delight of sellers. The same can be said for the median sale price, which showed a 7.9 percent increase…

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