Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579

ARCHIVED BLOG POSTS

2011 

Interest rates down for the 3rd time in 4 weeks. Interest rates dropped again last week for the 3rd time in 4 weeks and are now at the lowest we have seen since January 23rd. As of this morning the average overnight rate, as reported by Bankrate.com, for a 30 year fixed rate sits at 4.82% down 6...
03/13/2011
Steady as she goes for Palm Beach County foreclosures.   As we hear more reports of the reduction in the number on initial foreclosure filings on the front lines we are seeing no change. Over the past 6 months the number of properties being foreclosed on in Palm Beach County have averaged 290 pe...
03/11/2011
Hobe Sound single family sales jump 20% during February. After a rather dreary month in January Hobe Sound single family homes sales picked up nicely during the month of February. During the month our local MLS system shows a total of 12 successful closings as of this mornings’ update. That comp...
03/07/2011
After Juno Beach condominium sales jump over 100% last month February sales also show continued strength After three months in a row, where we saw only 2 condominium closings in each month, closings in January jumped over 100% to the highest level we had seen since September of 2010. During Febr...
03/07/2011
Jupiter single family homes sales post another strong showing in February. February home sales in Jupiter were respectable in number with another strong showing in the sales of luxury homes keeping up close to 12 month highs for median prices. During January our local MLS system shows a total of...
03/07/2011
North Palm Beach Single Family Home Sales Remain Steady February single family home sales in North Palm Beach were respectable in number with a slight drop from January levels. During February our local MLS system shows a total of 6 successful closings as of this mornings’ update. That compares ...
03/07/2011
Single Family Home Sales Pull Back in Palm Beach Gardens during February. February home sales in Palm Beach Gardens pulled back from the stronger levels we had experienced during December and January. With the season in full force I was hoping to see continued strength and am hopeful March and A...
03/07/2011
February Tequesta Single Family Home Sales Jump to Highest Level in 8 Months Tequesta continues to show amazing strength with shrinking inventories, higher pending home sales and now in February we can report outstanding sales figures; single family home sales were at the highest level we have s...
03/06/2011
Interest rates up for the 1st time in three weeks but remain firmly below 5%. Interest rates made little movement from last week at this time and remain a full 12 basis points below 5%. As of this morning the average overnight rate, as reported by Bankrate.com, for a 30 year fixed rate sits at 4...
03/05/2011
  Palm Beach County foreclosure auctions return to normal 5 day schedule.   Following on the heels of a shortened “Presidents Day” week the foreclosure auction action in Palm Beach returned to its Monday through Friday routine. News hot off the Associated Press wires tell of plans by a House com...
03/04/2011
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Tom Priester

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