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According to a new release on PRWeb, Palm Beach Gardens is getting a beloved grocery store in the coming months– Trader Joe’s. The slated location for the new grocery store is on the southwest corner or PGA Boulevard and Prosperity Farms Road near Harbour Isles and Prosperity Harbor. The Palm Beach Gardens movers have found that the store will be opening sometime in 2014. Trader Joe’s will join existing successful grocery chains Whole Foods and GreenWise which are already running in the area.

In 2012, West Palm Beach was trying to get Trader Joe’s to open a downtown location, as well as surrounding areas Boca Raton and Delray Beach have tried to make a Trader Joe’s materialize. The Palm Beach Gardens will join the other three Florida Trader Joe’s locations: Naples, Gainesville, and Sarasota.

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 take tourists and sightseers around Peanut Island. The Palm Beach local movers have found the intended route takes patrons to the Palm Beach Maritime Museum of Peanut Island, which is located inside a 1930s Coast Guard station next to a bunker built for JFK.

Highlights of the tour include a historical lesson on prohibition’s presence in the area and the story of the Cuban Missile Crisis and its relation to the region. The tour will be $29.50 for adults and free for children.

CBRE has completed a lease for a professional services firm setting up shop in the Delray Beach area, mainly within the The Arbors Campus at 1615 Congress Avenue. Over the past four months, over 64,000 square feet of new leasing and tenant move-ins have been in play. The Arbors has been the host of these move-ins, with big name tenants like the Hospice of Palm Beach County, Regus, and a notable professional services firm that remains undisclosed.The total space absorbed by new tenants in the past 6 months totals 64,000 square feet.

The Delray Beach movers have found that the complex is desirable my many commercial tenants due to its vicinity to I-95 and it’s easy to access other suburbs of the South Florida metro area.The Arbors has a competitive edge among similar commercial developments with gorgeous marble lobbies and a wide array of amenities.

Throughout the US, the real estate market is linked to the economic stability of a region, and the Palm Beach County area is no exception. Waterfront Properties and Club Communities of Palm Beach County is just one of many companies hiring new agents and brokers to keep up with the activity in the Jupiter, Juno Beach, and Palm Beach Gardens real estate markets, among other areas in Palm Beach County. This has come in with the need for new houses built for prospective buyers, as housing starts are rising in the area. There are many industry professionals that are in play when a home is built, not just the realtor–in fact, a single sale gives work to professionals in underwriting, inspecting, installing, finishing, paving, and landscaping, among other jobs.

The Jupiter movers have found that the amount of homes started in the area has risen steadily, with projected starting single family homes to rise to 632,000 for 2013 and rise even higher to 800,000 for 2014. This growth will contribute to job opportunity and likely add significant boosts to the local economy.

Lilly Pulitzer’s tropical mansion has received a price cut from $11.5 million down to $8.5 million. The home, located at 710 S County Road, Palm Beach FL 33840. The home is known for its lush greenery and even earned the nickname “The Jungle” for it. The home sits on a property encompassing 1.4 acres and it is the largest non-waterfront estate section lot. The property has the ability to be subdivided or can be kept as one large estate.Lilly Pulitzer bought the home for $565,000 in 1980. It includes the main house, with 4 bedrooms, a 3 bedroom guest house and a 2 bedroom pool house for a total of 9,000 square feet of living space.

The Palm Beach movers have learned that the house is on the market due to Pulitzer’s children looking to sell the lot. Her son, Brown Harris Stevens’ Peter McKim Pulitzer and his sister Lisa Pulitzer, who had no interest in keeping the property, despite hopes that the house is not torn down.

The Boca Raton area skyline is about to get a boost, thanks to commercial and residential developments that are planned for the Boca Raton downtown area. The first crane has shown up and has begun developing the new Camden residential high-rise condo. The rental complex is set to be situated on a 2.21 acre lot between Southeast First and Second streets and Dixie and Federal Highways. The Boca Raton movers have learned that the complex will contain 261 rental units varying in 1 and 2 bedroom layouts.

Camden will be the tallest building in the area, a fact verified by the numerous construction notices that have been sent out, until the newer high rise begins construction, which is another rental complex called Ram, which will have 208 units and will be located on the corners of Palmetto Park and Federal Highway.

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 true for Palm Beach County, where the average home costs $773 a month and renting runs $1767 monthly.

The Boynton Beach movers have found that many renters in South Florida are fed up with rising rental rates and are looking for buying opportunities throughout the tri-county area. According to a report by Trulia, putting down 20 percent on a home, the buyer can acquire a 3.5 percent mortgage for 30 years and see these monetary comparisons.

However, there is a caveat. Owning a home requires other financial responsibilities that renters are not subject to, such as fixing broken appliances and paying property taxes.

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 the coast of Palm Beach. He now owns property on Seminole Beach Road totaling $31 million.

The Juno Beach movers have found that Nordegren is building an estate south of Cline’s 17,000 square foot mansion, a place that was previously owned and occupied by Illinois businessman Arthur Frigo. Cline paid cash for the 8,000 square foot home and has been snatching up property ever since.

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 found that the additional space is a necessity to properly contain medical offices, outpatient procedural space, and exam rooms.

The current location in CityPlace provides about 30,000 square feet for the Cleveland Clinic, and the need for double that has been expressed to various real estate outlets. No word yet on where they will relocate too, but its quite likely they will make a decision soon.

The housing market in Palm Beach County has seen some dramatic growth in recent months, with current home prices rising 27 percent over February 2012 figures, and an additional jump from this past January’s prices by 8 percent. The West Palm movers have found that a few positive trends on the local real estate scene have contributed to this growth in the area. The Realtors Association of the Palm Beaches has stated that sales volume is up 9.6 percent from a year ago, 5 percent higher than January 2013, and that shrinking inventory has boosted the demand for the limited supply.

Few foreclosures on the market and recovering prices from rock bottom lows over the past few years have proven to be well-timed, as buyers are ready to purchase homes and hopefully begin construction on new ones. The correction to the market has brought property values in desirable Palm Beach county back up where they belong. Most likely they will continue to grow, and we will keep you posted on the trends in the local market.