Wednesday, March 20, 2019 / by Carl Gentile
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 ...
Sunday, March 17, 2019 / by Carl Gentile
Friday, January 18, 2019 / by Carl Gentile
Season is here and the Palm Beach County real estate market is heating up. In an article recently published by Bloomberg, we are seeing more indivdiuals, especially in the luxury market, escaping high tax states and shifting towards the no-state income tax state of Florida. On average, 1,000 people PER DAY are moving to this beautiful slice of paradise. Let's take an in depth look at how the market has changed over the past month in the Palm Beaches.
Wednesday, August 22, 2018 / by Carl Gentile
Flavor of Palm Beach
What is Flavor Palm Beach?
Flavor Palm Beach is a month long dining event established in 2007 to introduce diners to the vast array of restaurants throughout Palm Beach County. Local gastronomes as well as visitors to the Palm Beaches will have the opportunity to enjoy a selection of specially priced three course meals from some of the area’s best restaurants during this dining event. Whatever your appetite, from Boca to Jupiter and everywhere in between, the Palm Beaches are poised and ready to excite, tantalize and satisfy your every craving. Our area’s great chefs live up to the area’s reputation as an international playground for the rich and famous. They are always coming up with creative and inventive dishes that are unlike anything else found on the planet.
When is Flavor Palm Beach?
The entire month of September.
What are restaurants offering during Flavor Palm Beach?
Participating restaurants will present a selection of sp ...
Saturday, August 11, 2018 / by Carl Gentile
The Wave of Millennial Homebuyers Continues to Swell
Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream.
Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that they do not aspire to still achieve those things.
For older millennials (aged 25-34) who have established themselves in their career and are starting to build their families, homeownership is the next logical choice.
According to the Urban Institute’s State of Millennial Housing, the probability of a millennial becoming a homeowner increases by 17.9% if they are married, and by an additional 6.2% if they have children.
Last year, according to the US Census Bureau, the average age at first marriage was 30 for men and 27 for women, while the N ...