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  • Palm Beach County | Palm Beach County Real Estate Blog

    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

    Friday, February 1, 2019   /   by Carl Gentile

    February Events Palm Beach County

    Season is in full motion and every month is full of events taking place in Palm Beach County with something to do for anyone's enjoyment. From golf outings, to street festivals and outdoor events - there is always something taking place in the Palm Beaches!

    Oasis Championship
    February 4-10, 2019 - Old Course at Broken Sound, Boca Raton
    The tournament name may have changed, but not the great golf action. Tee up for a great time at The Oasis Championship, formally known as The Boca Championship. Watch from the gallery or participate in the Pro-Am and play with a legend of the links. Participants will walk off the course with memories to last a lifetime.


    Everglades Day Festival
    February 9th - Loxahatchee National Wildlife Refugee, Boynton Beach
    The Everglades Day Festival and eco-adventure is dedicated to having fun while learning in an ecosystem like no other. This free event will answer questions and possibly entice you to ask more about the “Glades” creatur ...

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      palm beach county, palm beach county real estate, events