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  • Carl Gentile | Palm Beach County Real Estate Blog

    Thursday, June 20, 2019   /   by Carl Gentile

    June Real Estate Market Update

    May numbers progressively increased in comparison to April figures in 2019. As economic indicators have improved, Buyers have resurface and are out in full force in the single family market. We predict strong numbers to continue through Summer 2019. Dropping interest rates have increased. once again. the buying power for many home buyers. 

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      palm beach county, market updates, real estate

    Wednesday, June 19, 2019   /   by Carl Gentile

    Dealing With Hardwood Floor Scratches

    Dealing With Hardwood Floor Scratches

    Hardwood floors are highly desirable for most homeowners, but they come with their share of challenges when it comes to cleaning, maintenance, and repairs. After a few months or years of heavy use from kids playing with toys and chairs being shuffled around, it may be time for some DIY fixes.
    Hiding scratches: If you’ve got a good eye for matching colors, you can actually use crayons or markers or purchase wax sticks from the hardware store to fill-in scratches. Try to match the stain color on your floors, but don’t worry if it’s a little off. If the color is close, once the scratch is filled, it’ll look like a variation in the wood grain.
    Polishing floors: You can make a polish solution for your floors from household ingredients. Mix olive oil and vinegar in equal parts, pour it directly into scratches, and then wipe it off after 24 hours. It may take several applications, but this homemade polish will fill a ...

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      jupiter florida, real estate, homeowners, hgtv

    Friday, May 24, 2019   /   by Carl Gentile

    May Luxury Market Update - The Palm Beaches

    May - Luxury Real Estate Numbers from April 2019

    End of season here in the Palm Beaches usually comes around April 15th, but this year numbers showed different. We saw a 15% increase in number of homes sold from March to April, from 33 to 38 in our luxury market single family homes and a 38% increase from 32 to 44 sold in our luxury condominium category. The Palm Beaches continues to remain as a strong, growing market as people and companies continue to escape high tax states. Inventory continues to drop as a combined total of 14% down from March as season lasts longer and more individuals and families continue to homestead here in the Sunshine State.

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      palm beach county, market updates, jupiter florida, palm beach county real estate

    Tuesday, April 16, 2019   /   by Carl Gentile

    April Luxury Market Update - The Palm Beaches

    Luxury Real Estate Market Update
    The Palm Beaches - April 2019
    March results are in and 2019 is off to a strong start. The number of sold properties has almost doubled since February along with the median sales price! Mortgage rates have settled from a shaky start in 2019 and are at industry low levels once again! Cheap money makes buying your dream home much more realistic! Although a drop in active inventory once again plays a factor in rising prices, as the simple premise of supply and demand comes into play for a third time over the past 12 months in price hikes.

    As Florida continues to rise in popularity as a tax shelter and safe haven for individuals coming from high tax states, we continue to see on average close to 1,000 people per day moving to the Sunshine State! Buyers are feeling strong again, but the lack of quality inventory has caused a lengthy increase in days on market for the average property as overzealous sellers take time to come to sense on their pro ...

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      palm beach county, market updates, jupiter florida, palm beach county real estate, real estate

    Wednesday, March 20, 2019   /   by Carl Gentile

    Want To Increase Your Families Wealth? Here's How

    Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth.
    Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. Therefore, you own a little bit more of your home every month in the form of home equity. As your home’s value increases, you alsogain home equity.
    Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists. They are asked to project how residential home prices will appreciate over the next five years for their Home Price Expectation Survey (HPES).
    The latest data from their Q1 2019 Survey revealed th ...

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      palm beach county, market updates, wealth preservation, tax benefits of florida