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  • Palm Beach County Real Estate Blog

    Tuesday, November 26, 2019   /   by Carl Gentile

    Palm Beaches Real Estate Update | October

    We are starting to feel the annual migration of sun seeking visitors to our little slice of paradise. Here in the Northern Palm Beaches, we see more cars on the road, more people on the beach, and tables at the best restaurants mean you better have a reservation, or be prepared to wait.

    Season has started, and while the big crowds don’t arrive until after we get through the holidays, there is no doubt that the party has already started. This years’ season should be a big one and if the economy keeps churning in a positive manner, local real estate is going to get more expensive.

    Back on June 1st, we hit an all time record high of $515,000 and over the summer we watched prices drop for 4 consecutive months. That downward streak ended in October with median single family home prices jumping from $496,250 all the way back up to $510,500.
    Sales actually were not that strong, and in October were a full 14% below year ago numbers. It isn’t demand pushing prices h ...

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

    Friday, October 4, 2019   /   by Carl Gentile

    October in the Palm Beaches 2019

    October in the Palm Beaches
    From fairs to festivals and everything in between the Palm Beaches has so much to offer during the month of October and we want to keep you in the know! The best events in South Florida happen here in the Palm Beaches.

    Oktoberfest the Palm Beaches

    Dine on authentic meals of bratwurst and schnitzel; sip imported and domestic beers, schnapps, 30 different types of liquor; and listen to entertainment by two original Oktoberfest bands direct from Germany. Enjoy family-friendly entertainment with arts and crafts, carnival and games, folk-dancing, vendor displays and souvenirs.    
    Listen to continuous entertainment by two Oktoberfest bands direct from Germany, as several international dance groups perform international entertainment from around the world. And don't forget – German attire is not required, but it certainly does make the celebration more interesting.
    This event will be held October 11 – 13! ...

      palm beach county, jupiter florida, restaurants

    Wednesday, August 28, 2019   /   by Carl Gentile

    Hurricane Dorian Prep List

    Hurricane Dorian Prep Checklist
    with Hurricane Dorian approaching South Florida it's important to start your hurricane prep early and to be prepared in case of the worse. At this time, forecast predictions show the storm can go anywhere right now from the Keys to Georgia to the Carolinas, it's still too early to know for sure, but it is advised and wise to be ready. Below is a list of supplies we suggest you should be prepared with in case of loss of power or dangerous road conditions for multiple days.
    HURRICANE KIT: Assemble this before the storm

    Flash lights and extra bulbs
    A wind up or battery operated clock
    Battery Operated Radio
    NOAA Emergency Wheather Radio
    Extra Batteries
    Toliet Paper
    Plastic Garbage Bags
    Working Fire Extinguisher
    A Clean Change of Clothes, Rain Gear, or Sturdy Swamp Boots
    Fully charged, battery operated lanterns
    Map of the Area
    List of Important Phone Numbers
    Copy of your insurance policy
    Cash - the ATMs if power is out ...

      palm beach county

    Tuesday, July 30, 2019   /   by Carl Gentile

    How to Increase Your Equity Over the Next 5 Years

    Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers.
    Here are the results from the Q2 2019 Survey:

    Home values will appreciate by 4.1% in 2019
    The average annual appreciation will be 3.2% over the next 5 years
    The cumulative appreciation will be 16.8% by 2023
    Even experts representing the most “bearish” quartile of the survey project a cumulative appreciation of over 6.7% by 2023

    What does this mean for you?
    A substantial portion of family wealth comes from home equity. As the value of a family’s home (an asset) increases, so does their equity.
    Using the projections from the HPES, here is a look at the potential equity a family could earn over the next five years if they purchased a $250,000 home in January of 2019:

    Based on gains in home equity, their family wealth could inc ...

      palm beach county, jupiter florida, palm beach county real estate, real estate, wealth preservation

    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.  ...

      palm beach county, market updates, real estate