Palm Beach Premier Real Estate News and Events

Nov. 18, 2019

Retirees Relocating to Palm Beach County Need a Great Agent

Get a good agent if you're relocating to Palm Beach County.Many people want to move to a place with great weather and lots to do once they retire. Relocating to Palm Beach County is a dream for lots of retired home buyers. Not only is the weather nice and warm, the beaches are gorgeous, there are plenty of great places to eat and go shopping, as well as world-class medical care. Another great feature is that Palm Beach real estate offers great variety.

Decide on Your Palm Beach Real Estate Priorities Before House Hunting

In order to feel in control of the house hunting process, you and your spouse or partner, if you have one, should sit down and make a list of priorities for your new place. What is your motivation for relocating to Palm Beach County? Being close to the beach is a big reason. Downsizing is another reason. Some people are looking for a community with lots of amenities, like a pool, exercise facilities, and a clubhouse. Others really want to be done with landscaping maintenance and are happy to pay an HOA fee so someone else takes care of it. For those moving from another state, lots of community activities and clubs can help them make new friends.

Something else to consider is how long you plan to stay in your new home. If you want to age in place, you need to consider accessibility. A single story house is a good choice, or at least a first-story master bedroom. If you’re looking at condos, does the building have an elevator? Inside either a house or condo, look for halls wide enough for a walker or wheelchair.

If you’re planning a Palm Beach County relocation, you also want to find an agent with lots of experience. Be sure to interview several before choosing the one you want to work with. You want someone who has expertise in helping active adults find just the right home in a friendly community. Your agent should also be responsive to questions and open to your individual needs. Please give our office a call so we can get to know you and see if we can work together.

 

Nov. 17, 2019

126 Harbor Circle Delray Beach FL 33483 - MLS RX-10578327

126 Harbor Circle Delray Beach FL 33483 - MLS RX-10578327

 

This stunning 3 bed, 2.5 bath, 2 car garage waterfront home in Pelican Harbor, a unique boating community, has been meticulously upgraded and offers open concept stylish living with views of the C-15 canal, which has direct access to the ocean with no fixed bridges. This home features a long list of upgrades including quartz countertops, new backsplash and new appliances in the spacious kitchen, an updated first floor half bathroom, sound system wiring in the living/dining room and back porch. Pass through one of 3 French doors to the enclosed porch overlooking the repaved lanai and garden and featuring phantom automatic screen. The hardwood staircase leads to the second story and open loft with newer (installed 2015) laminate flooring throughout...

The spacious master bedroom has a large en suite that has been fully renovated with hurricane doors, Louvre doors and windows and a private terrace. Additional features include: New ADT system, new skylights, newer A/C, new barrel tile roof in 2014, update wiring, storm windows and renovated closets in both secondary bedrooms and so much more. See attached for complete list of updates and improvements.

Pelican Harbor is the only gated boating community of its kind in Delray Beach. Amenities include 24 hours guard gated entry, 2 resort style heated pools, lighted tennis & pickleball courts, gym, clubhouse and a large "party" deck overlooking the Harbor. The community also offer the Royal Pelican Yacht Club, a voluntary membership social club where neighbors meet neighbors at frequent social gatherings. There are 13 boat slips available for rent for up to 60ft boats. Pelican Harbor has ocean access with NO fixed bridges on the C15 canal off of the Intercoastal.

For more information on this gorgeous townhome in the waterfront community of Pelican Harbor in Delray Beach:

https://www.palmbeachpremierrealestate.com/search/details/5zg/0/

Nov. 11, 2019

Palm Beach County Home Owners Tour the Everglades

Palm Beach County home owners tour the Everglades.Most people choose a Palm Beach County home because of the great location. The beach is close by. There are lots of great restaurants and shopping opportunities. Jobs are plentiful. And of course, the weather is fabulous. Not nearly as many people who tour mansions in Palm Beach County are aware of the fact that the Florida Everglades are a unique natural habitat. In fact, UNESCO considers the Everglades a world heritage site, with significance for the whole world. Lucky for you, Palm Beach County residents can visit them anytime and learn all about the amazing plants, animals, and birds that live there.

Loxahatchee Everglades Airboat Tours Is Close to Mansions in Palm Beach County

Loxahatchee Everglades Airboat Tours is located in Parkland, convenient to any local Palm Beach County home. The company has great ratings and rave reviews. Each guide values the Everglades and hopes to educate the public about this special habitat. Because of this commitment, they do not feed or pen up the wildlife. The guides have all gotten in-depth training, from owner ‘Wild’ Lyle Thomas, who loves and knows the Everglades like no one else. You’ll get not only lots of facts about the area, you’ll also get a deep appreciation for the creatures and plants and their importance for the environment.

Tours depart several times a day, Monday through Saturday. They last about 50 minutes and cover five to six miles. Tickets are $65 for adults and $35 for kids ages three to 12. For their own safety, children younger than three years old are not permitted on the tours. Purchase tickets in advance online to guarantee your seat. Be sure to arrive 30 minutes ahead of your tour departure time. The tour is a great way to spend time with friends and family. Everyone will enjoy learning about the unique habitat and making memories together. Visit Loxahatchee Everglades Airboat Tours to learn more and book your tour. 

 

Nov. 8, 2019

1633 W Classical Blvd, Delray Beach, FL 33445 VIDEO - MLS ID number: RX-10575768

Fall In Love...

 

 

This stunning, upgraded and spacious 5 bedroom, 2.5 bath home resides in the sought-after Colony, a gated community consisting of only 151 estates. Featuring 16x16 diagonal tile in the common living spaces, grand-height ceilings, and show-stopping impressive architectural detail like the stylized paint and columns in the dining room and the rod-iron stair railing & bannister along the second story loft which can be converted into a 6th bedroom. The large kitchen features stainless steel appliances, gorgeous granite counters and backsplash and a large breakfast counter. All bedrooms offer ample space, fresh paint and new carpeting. The large master suite features vaulted ceilings, 2 walk in closets and a large en-suite bathroom that overlooks the private, easy-maintenance backyard and features dual sinks and separate shower and a large en-suite bathroom that overlooks the private, easy-maintenance backyard and features dual sinks and separate shower and tub. The Colony features an updated clubhouse, a large lap pool, spa, kiddie pool, gym with free weights and machines, tot lot and a basketball court. This community is professionally managed and embodies the South Florida lifestyle with illuminated sidewalks and plenty of neighborhood activities. All of this plus its only a 10 minute drive to the beach!

For more listing information details click on https://www.palmbeachpremierrealestate.com/search/details/5up/0/

Nov. 4, 2019

Great Tips to Save Money Renovating Palm Beach County Property

How to keep a Palm Beach County property remodel on budget.Costs can rise quickly when renovating your Palm Beach County property. This can especially be the case if you do not start out with a budget and stick to it. If you find yourself on a tight budget for your renovation project, there are ways to get the result you are looking for without breaking the bank. First of all, think creatively to save on material costs. Try to reuse as much as you can when ripping something out and also seek out reused or recycled building materials. There are also many online suppliers that can offer materials cheaper than retail stores.

Make a Budget and a Timeline Before You Start Your Palm Beach Real Estate Remodel

Take your time when renovating your Palm Beach County property. Keep an eye on sales to purchase essential pieces in advance or wait for them to go on sale. Light fixtures, windows, even cabinets and countertops go on sale. Spreading the project out can also allow time to pay a little at a time and not need to take out a loan or charge materials and contractor costs to a credit card. Try to do a renovation project without accruing any interest. Also check with your contractor if they will give a discount for paying cash. Many will offer this option to avoid paying fees from a credit card company.

Take on as much of the renovation of your Palm Beach real estate yourself as you can. Of course, some projects will likely be beyond your scope of abilities, but there is much the average homeowner can do. Ask a friend for help or watch an online tutorial for minor repair projects. Most demolition can also be done on your own. In addition, take a look around and try to sell any materials or appliances that are still in good shape that you are replacing. This is especially true if you are replacing kitchen appliances. Try to sell your old ones to try to offset a bit of the cost of the remodel.

Whatever your plans and your budget, be flexible to get the best deal.

 

Oct. 28, 2019

Boca Raton and Palm Beach County Real Estate Market Update - SEPTEMBER 2019

Inventory Shortage Continues as Prices Remain Steady

Hello Everyone and thank you for watching. This is Gia with Palm Beach Premier Real Estate here in Boca Raton Florida with your 2-minutelocal market report for SEPTEMBER 2019.

So here’s a quick take on the numbers that came out from the Realtors Association of the Palm Beaches

The message from your team here at Palm Beach Premier Real Estate this month is: Inventory Shortage Continues as Prices Remain Steady

So let’s take a closer look at the local internal real estate market numbers…. What we’re seeing is the following:

  1. The median sales price of a single family home in Palm Beach County was $355,000 ….. identical to last month….and slightly higher than a year ago.
  2. The number of RESALE housing units sold experienced a DECLINE from last month.
  3. The inventory of homes for sale in Palm Beach County has tightened once again with a large 8.7% drop in the number of active listings and 4.3 months overall supply of homes (remember that 6 months is considered s balanced market).
  4. Trends were a little different in the condo and townhouse market. The typical Palm Beach County condo that sold in September fetched $188,500 up slightly from last month and a year ago.
  5. Luxury homes are continuing to take significantly longer to sell while demand for entry-level homes remains intense.
  6. The amount of time it took to get a contract jumped again versus last year for single family homes with properties now taking closer to 53 days to get a contract…and a whopping 11.3% longer than last year for condos and townhomes. The luxury end of the market of course is taking far longer - on average taking over 5 months for properties greater than $1 million. .

So what does that mean for Sellers? – Great question – it highlights JUST HOW IMPORTANT it is to price your properties competitively – and by that what I mean is very close to what has sold most recently. In this marketplace that we are in right now, it really is a beauty contest and a price war along with having great marketing as well.

So clearly (and as we mentioned last month) the housing market is facing some headwinds and some significant downward pressure in the marketplace:

Once again we want you to consider these 3 important factors:

  1. 1. We have definitely Reached the Top of Real Estate Cycle - 2008-2018; - NOTE: Each RE Cycle is 7-10 years … so it makes sense that we are starting our downward leg.
  2. 2. We’ve reached the Top of Debt Cycle - 4 interest rate increases in 2018 (9 in all by the FEDERAL RESERVE) have now created headwinds with consumers highly leveraged – with the Federal Reserve now in a rate cutting cycle; NOTE: Every 1% increase to the mortgage rate impacts buying power by 10% - less qualified people equals less buyers.
  3. 3. Buyers have Price Fatigue .... Property Values have increased more than 40%+ since 2008 and yet Wages have simply not kept pace, perhaps 10% - so something has to give [NOT SUSTAINABLE] .... Either people get paid more or prices have to come down....which do you think is more likely? get paid more or prices have to come down....which do you think is more likely?

Looking ahead for the rest of 2019 as it relates to housing:

We can certainly extrapolate some themes here:

First - The average household’s cost to service debt has reached a point at which it will become more difficult and challenging to find buyers who can qualify for a conventional mortgage (FNM, FRE, FHA) –

Second - Housing affordability issues will continue to be a theme going forward

Third Inventory concerns will continue to act as an overhang on the market, prices will soften and properties will likely sit on the market for extended periods of time.

FourthThe effects of the worldwide economic slowdown will be felt here in the USA throughout 2019 and into 2020 and will have a knock-on impact for the housing market.

And Finally - The effects of the worldwide economic slowdown will be felt here in the USA throughout 2019 and into 2020 and will have a knock-on impact for the housing market.

Furthermore, the Federal Reserve continues to cut the Fed Funds Rate as tariffs and global economic slowdown concerns continue to place downward pressure on markets – will they continue to cut interest rates or will the divided committee hold at current levels? This week the consensus appears to be another quarter point rate cut from the Fed.

Going forward we will definitely be keeping a continued close watch on prices, interest rates, inventory levels and the number of closed sales.

If you’ve been considering buying or selling - Please give us a call for a confidential consultation at 561.395.8418 or email us at Info@PBPrealestate.com - we’re here to help!

As always we look forward to speaking with you. Thank you again for watching. We’ll see you next time…. J

Oct. 28, 2019

Visit Creatures from Around the World Living in Palm Beach County at the Zoo

Everyone living in Palm Beach County loves the zoo.Animal lovers living in Palm Beach County should plan to visit the Palm Beach Zoo as soon as possible. The zoo is a top-rated institution and is dedicated to bringing animals from around the world to Palm Beach County property owners. At the same time, there are lots of native creatures and habitats represented. Locals and visitors alike get to meet a huge variety of fascinating creatures. See familiar favorites like flamingos, deer, and otters, as well as creatures from further afield like tigers, komodo dragons, and the Aldabra tortoise.

Explore Palm Beach County Property and Learn About Animals of All Kinds

Be sure to bring swimsuits if you come with your kids. The Palm Beach Zoo Play Fountain lets kids play in the cool jets of water. Adults can relax on the sidelines. The Nature Play Pavilion is another favorite of the younger set. This area is set up so kids can learn about the way animals move in a hands-on way. They learn to balance like a cat, crawl like a tortoise, and frolic like an otter. The play area is meant for kids of all ages and abilities. If you need to sit down for a bit, try the Wildlife Carousel or the Safari Train. The cost to ride each is $3 or two rides for $5. The proceeds from ticket sales benefit the animals.

The Palm Beach Zoo is open every day from 9 a.m. to 5 p.m. except Thanksgiving and Christmas Day. The last tickets are sold at 4:15 p.m. Regular admission is $24.95 for adults; $22.95 for seniors aged 60 and up; $18.95 for kids ages 3 to 12; and free for kids 2 and under. People living in Palm Beach County who want to visit frequently should consider a zoo membership. An individual membership starts at $99, and a family membership is $174. 

 

Oct. 21, 2019

Research Several Boca Raton Real Estate Agents to Find the Right One

Find an experienced Boca Raton real estate agent.Take a little time to find the right real estate agent to buy Boca Raton real estate or to sell your property. It is important to find a professional that is a good fit in both personality and expertise. It is not always the person who closes the most sales or made the most money last year, but someone who is going to work hard for you. A good place to start is understanding the fact that there is a difference between Realtors and real estate agents. Less than half of those licensed in real estate are Realtors. Someone can only be called a Realtor when they belong to the National Association of Realtors. This means that they pledge to adhere to a strict code of ethics and standards of practice. These standards are much higher than what is required by law.

Meet Several Experienced Realtors Before Buying a Boca Raton Home

There are many ways to go about finding the right real estate agent to buy Boca Raton real estate or sell your property. Perhaps you know someone who works in the industry and can recommend someone. Search for someone with expertise in the type of property you are searching for in the neighborhood you hope to live in. Drive around the neighborhoods you are interested and make a note of the names on the for sale signs. Watch to see how quick the properties sell. Also attend open houses in these neighborhoods. This is a great way to chat with real estate agents and get to know them. Make a note of your favorites. Also look for advertisements in your local community newspaper. Once you have a list of names, go to their websites to learn more about them.

Once you have narrowed down your list to about three agents, set up an appointment to meet with them. Grab a coffee and have a chat to get to know them better. Ask them about their methods, areas of expertise, and what their game plan would be for your situation. If you get a good vibe, ask for some references and then check those out. Choose the one that you feel most comfortable with to find your dream Boca Raton home or to sell your property.

 

Oct. 16, 2019

Explore the DuBois Pioneer Home, a Historic Palm Beach County Home

Explore a historic Palm Beach County home.Plenty of fresh air and sunshine await all who call Palm Beach County home. There are many parks and historical sites to explore in the area. The DuBois Pioneer home is a great place to check out to learn more about the history near your Jupiter real estate. The home was built in 1898 on the top of a Native American shell rock midden. The Du Bois family was one of the most notable pioneer families in the area. Their homestead is a terrific example of a homestead of a pioneer in South Florida at this time.

Learn More About Palm Beach County on a Dubois Home Tour

Be aware that visitors must climb stairs to reach the home, and no wheelchair access is available. This is because of the home’s location on top of the mound. The DuBois Pioneer Home is located in DuBois Park at 19075 DuBois Road. Tours are available between the hours of 10 a.m. and 1 p.m. on Tuesdays and Thursdays. Call 561.966.6609 to confirm the schedule if you plan on stopping by. There is no cost for the tour. Anyone interested in a private group tour can call the same number to set up an appointment with Palm Beach County Parks and Recreation. Be advised that no wet bathing suits or sandy feet are allowed. Please dress appropriately for the weather.

This Palm Beach County home, along with the area around it, have proven to have significant historical and archaeological importance. The mound, also known as a midden, is one of the last coastal shell mounts found in southeast Florida. The entire park used to be home to ancient Floridians and many artifacts dating back thousands of years have been found here. Another interesting structure located on the property is the Pineapple House. This structure was originally located a little ways away from the house on a plot of land where Harry DuBois farmed pineapples. He floated the structure to its current location so that he could live in it while the house was built. Over the years, it has been used as a storage shed and a rental house. It is one of the oldest wooden structures in the county.

Find out more about the DuBois Pioneer Home and plan a trip. 

 

Oct. 14, 2019

Get a Great Price for Your Palm Beach Property with Upgrades

Upgrade Palm Beach property before selling.It is important to update your Palm Beach property before listing it for sale. Doing so will help your house to stand out and fetch a great price. A majority of people look at listings online before looking at them in person and the properties in top shape will stand out the most. Fresh paint in neutral colors, new flooring a glowing kitchen, and sparkling bathrooms will draw buyers in. Listing photos that look old and outdated will cause many buyers to click to the next house and not even consider it.

In most instances, people want to purchase a move in ready home. They do not want to spend their time and money fixing up a house, especially when it costs so much to buy it in the first place. People would more often be willing to pay a little more for a Palm Beach property that is already fixed up rather than taking on those projects themselves. Remodel projects are stressful and time consuming and moving is hard enough.

An Experienced Palm Beach Real Estate Agent Can Advise You

As soon as you know that you plan to sell your Palm Beach real estate, speak to your real estate agent for advice about any updates that should be made before listing. Real estate professionals know what is hot right now in the market and helping homes to sell faster and for more money. It will be a balance between the money put into a project and the expected returns. An experienced professional can help you to sort through the best projects.

An updated home will allow a potential buyer to visualize their life in the home instead of focusing on what they would change. This makes a home more appealing and a buyer more likely to make an offer. When selling a home, first impressions are everything, make sure that yours shines.