Real Estate Trends

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Renter’s Insurance? For a Condo? Yup, Absolutely.

By admin / October 16, 2014

So, you just moved into a nice, upscale condo downtown, and you couldn’t be happier. You paid a little more than you’d budgeted for, but you’ve got a pool, a gym, some pretty cool neighbors, and you’re in the middle of everything. And, your mom is happy because you’ve got security out the ying. The…

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Are Foreclosures Good Deals? Or Not So Much?

By admin / August 29, 2014

If you’re paying any attention to the local real estate vibe, you’ve probably heard it said: “Maybe I can pick up a foreclosure property for cheap. . .” We in the biz hear that sentiment expressed often. But are foreclosure properties really offered to the buying public at a discount? The answer might surprise you.…

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Marriott on the Marina?

By admin / June 6, 2014

If you live or work in the downtown West Palm Beach area, perhaps you’ve been following stories about a proposed boutique hotel on the grounds of the Palm Harbor Marina. If you’re not familiar with the marina, it’s located on the intracoastal waterway just south of Waterview Towers and the Flagler Memorial Bridge, just a…

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Prime West Palm Beach Land Sells at Auction

By admin / May 20, 2014

A notable stretch of vacant land in downtown West Palm Beach sold on Wednesday, May 14, at auction. An bidder paid $3.47 million for the parcel of land located at the southeast corner of Banyan Boulevard and Rosemary Avenue. The identity of the buyer has not yet been made public, and a new deed has…

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Sage Advice for Anyone Looking to Rent in Downtown WPB

By admin / May 19, 2014

There is a good article in today’s Palm Beach Post, written by Kim Miller, entitled “Top Ten things every renter should know.”  According to the article, the list was compiled by two Realtors who work in the Miami market.  You can check it out in its entirety here, but you’ll find it’s mostly just a…

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Palm Beach County Real Estate Market Trends: A 2013/2014 Comparison

By admin / May 15, 2014

Palm Beach County Real Estate Market Trends Folks who pay even loose attention to the local real estate market can appreciate that things have been improving. How much better is it, really? Well, the Realtors Assoc. of the Palm Beaches crunched some numbers that let us know . . . RAPB measured, in part, the townhouse &…

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Short Sales – How they Really Work

By admin / April 15, 2014

Just about everyone has heard of Short Sales, but few people really have a handle on what they are and how they work. Let’s therefore take a minute to run through the details, using a fictional family, the Andersons, as an example. The Basics In 2006, Bob and Jenny Anderson bought a 2-bedroom condo in…

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Foreclosure Listings Downtown a Rare Find

By admin / March 10, 2014

Some very positive news on the housing market in our area . . .  The number of foreclosure cases filed in Palm Beach County fell 9% from January to February of this year. More impressively, the number of cases filed in February 2014 was down 49% compared to the same month last year. Granted, there…

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Marriott Residence Inn, coming to Downtown WPB

By admin / February 7, 2014

Construction has begun on a new Residence Inn by Marriott, located at 455 Hibiscus, off Dixie Highway between Hibiscus and Gardenia.   The hotel is slated to feature 152 rooms and over 3,000 square feet of meeting space. Approval for the project reflects the City of West Palm Beach’s commitment to bringing more hotel units…

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