Karen Rothstein's first Blog Post- About finding a good Boca Raton real estate deal

Posted by Karen Rothstein on April 22nd, 2010

‘IF YOU CAN FIND ME A “GREAT DEAL” PLEASE LET ME KNOW…THAT’S WHAT I AM LOOKING FOR!”

 

This is probably the most frequent request I hear when working with a buyer looking for Boca Raton real estate.  Of course I haven’t met anyone who has said, “price doesn’t matter”. The truth of the matter is really quite simple. It’s all inventory whether it is a Boca Raton short sale, Boca Raton Foreclosure or a regular deal (an arm's length transaction between a motivated buyer and seller). What is different about each one of those sales is the process that you undertake to purchase the home.

 

Yes, it is important to know the difference between a short sale and a foreclosure because since the process is different, a short sale or foreclosure may not be a viable…

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The Boca Raton Real Estate Market continues to be a strong Buyer's Market

Posted by Gloria Singer on March 23rd, 2010

I have been spending some time examining the Boca Raton real estate market and the underlying statistics of what is happening in our area. I think it's important to discuss the market in terms of price bands, as we have a wide range of inventory and price ranges in our local market. As an example, I have analyzed the current situation for single family homes in Boca Raton, in various price ranges. Check out this chart below:

What is most interesting to me is that the number of months of inventory for homes priced between $750,000 and $999,999 is a whopping 92 months! Only two homes in this price range sold in February 2010 out of 193 listings! Not that it's so great for homes over a million, but they are actually faring better, with 45 months supply.…

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Just sold 22540 Caravelle Circle, Boca Raton, FL - Boca Pointe Country Club

Posted by Gloria Singer on March 8th, 2010

Karen Rothstein, one of our Buyer's Specialists, just sold this fabulous townhouse in Caravelle in The Club at Boca Pointe. The lucky Boca Raton Real Estate buyer purchased this 3 bedroom, 3 full bath with 2 car garage and over 2700 square feet of air conditioned living space for only $279,900! That's only $100 a square foot, I don't think you could build this property for that price! This transaction was NOT A SHORT SALE although it was on the market for almost two years and was originally listed at $469,000. Our buyer clients are getting great deals now on Boca Raton Real Estate! Call us now to buy something before the buyers tax credits expire at the end of April 2010!

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Sold! in Thornhill Estates Montoya Circle in Boca Raton

Posted by Gloria Singer on February 2nd, 2010

Thornhill Estates Home just sold by Gloria Singer!

Beautiful Home on fabulous Cul-de Sac Location in popular Montoya Circle community of Thornhill Estates. The house is 4 bedrooms, 3 1/2 baths, over 3700 square feet under A/C.

Gorgeous kosher chef's kitchen with abundant cabinets, professional grade appliances and more!  

 

Step into your resort-like pool and spa and enjoy the best that Boca has to offer!

 

The view cannot be beat! This house is built on a .39 acre lot overlooking the golf course of The Club at Boca Pointe! Live the Dream!
If you are interested in Boca Raton Real Estate and the popular communities of Montoya Circle 
this will give you some idea of the amazing housing opportunities available. This house was listed at $1,250,000…

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2009 Boca Raton Area Luxury Real Estate Market Wrap-Up

Posted by Gloria Singer on January 21st, 2010

The news continues to be bleak for the luxury real estate market in Boca Raton, Delray Beach, and Highland Beach at the end of 2009 and beginning of 2010.

Last fall I wrote a blog post about the Boca Raton Luxury Market for the six months ending September 30, 2009.  THis is a followup to that previous post.

I have examined the current state of the market for properties in excess of $1,000,000 for the last half of 2009.

Here are the number of sold properties in relation to current listings for each price band for the last six months:

Here is an illustration of the current month's supply in each of the price bands:

It is very clear from these illustrations that the luxury market continues to be hammered. While the number of current listings in…

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Another Delray Beach Real Estate Short Sale closing by the Gloria Singer Group!

Posted by Gloria Singer on January 20th, 2010

 Check out this baby just sold by Karen Rothstein!!

 

 

I am pleased to announce that Karen Rothstein, one of my buyer's specialists, has successfully closed on a short sale for her investor buyer.

The property is a single family five bedroom, three bath pool home in Tropic Palms in Delray Beach. It is a waterfront property with a beautiful view and dock with access to Lake Ida and Lake Eden.

The house closed for $279,000 in a short sale where the lender accepted a lower price in lieu of having to foreclose on the property. This house sold to the previous owner for $735,000 in December of 2005! It is a great property and our buyer was able to pick this house up for a great price!

I am proud to say that Karen Rothstein is a great Buyer's Agent, she…

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