Published
September 30, 2013
Home prices and sales are climbing in the Palm Beach County area, according to the Realtors Association of the Palm Beaches, who shared that the median price for existing home sales is $250,000, which is 16 percent higher than this time last year and up $1,000 from July 2013. Home sales in volume rose 17 […]
Published
September 13, 2013
Looking to move to a coastal mansion along the Palm Beach waterfront? A developer is asking for a $45 million payday on a furnished oceanfront mansion in the cozy coastal down of Manalapan located at 800 S. Ocean Blvd. The home is about 18,000 square feet and features 203 feet of direct oceanfront. Inside the […]
Published
August 28, 2013
Despite historical notions of the American dream revolving around owning a home, an interesting trend has come to light which states that home ownership is decreasing in South Florida. It’s actually been decreasing since 2005! Thanks to acts of nature like the hurricanes of 2004 and 2005, skyrocketing insurance rates were one reason that homeownership […]
Published
August 13, 2013
While commercial real estate was one of the hardest hit areas of the market when the recession hit, with rental rates dropping significantly in an attempt to lure tenants and compete with less expensive nearby vacant space. Where typical rents dipped about $10 from their average in the last two years, recent reports show that […]
The South Florida real estate market is hot, hot, and hot, thanks to competitive bids on a decreasing amount of available properties in the area. Lately, competing prospective buyers are boosting the value of homes–there simply aren’t enough available properties to meet the needs of consumers, and the trend is present from Palm Beach Country […]
The Palm Beach Outlets, which is set to open off of Palm Beach Lakes Blvd. in early 2014 has recently stirred speculation that the huge project could get even bigger. The Palm Beach Outlets will take over the space of the Palm Beach Mall, which dated back to 1967, which was once the biggest mall […]
The downtown West Palm Beach area is getting a new ferry service on May 8th, as a boat captain from up north is bringing his business down south to host historical tours and an Intracoastal Waterway ferry service aboard the American Buccaneer. The boat will be the only one operating out of downtown and will […]
Even though home prices are rising in South Florida, experts say it is still financially a gain to buy in the area rather than to rent. In Broward County, buying a home is 53 percent more affordable than renting, with monthly mortgages averaging $773 and average rental rates coming in at $1,638. The same holds […]
Elin Nordegren, known to many as the ex-wife of Tiger Woods, has made a recent real estate purchase that leaves her acquiring not only her Palm Beach estate, but the one next door to it as well. Nordegren’s billionare boyfriend Chris Cline spent $16.1 million to snatch up the lot next to Elin’s home on […]
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The Cleveland Clinic of Florida is underway with a possible expansion that would result in a facility twice its current size in West Palm Beach. The clinic requires at least 60,000 square feet of space, and their current location in CityPlace is becoming too small to house the renowned medical facility. The Jupiter movers have […]
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