Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579

ARCHIVED BLOG POSTS

2011 

Palm Beach County Foreclosures Down for the 20th Week Straight   For 20 straight weeks foreclosures in Palm Beach County have been down, down, down. And this week they got even lower as we hit the lowest weekly total we have seen during that 20 week span. I keep hearing that we should brace ourse...
09/30/2011
Rates drop about 5% to another all-time record low Rates have been historically low for so long I am afraid buyers do not understand how lucky they are. Home prices remain low but we may start to see increased pricing pressure as inventory levels continue to shrink. But interest rates are you kid...
09/25/2011
Palm Beach County Foreclosures Down for the 19th Week Straight   For 19 straight weeks foreclosures in Palm Beach County have been down, down, down. I get hearing that we should brace ourselves for the next onslaught of bank owned properties but so far no sign of them. In fact inventory levels co...
09/25/2011
Rates remain unchanged at all-time record low Five weeks ago the Fed came out with a statement that they were going to keep interest rates low for at least the next two years. Then for two weeks straight rates went up and it is now great to see things reverse. Thirty year rates stayed unchanged a...
09/18/2011
Palm Beach County Foreclosures Down for the 18th Week Straight   Forget about what was, it is time to focus on what is. All the talk about a temporary slowdown in foreclosures may be true but after four months of lower foreclosure numbers these totals are the new reality and the drops are signifi...
09/17/2011
Jupiter Tops 1st Pending Home Sales “Power Rankings”   The local real estate market continues to chug on down the road towards another season and we can count the weeks on our hands when our northern friends start pulling into town. Sales have flattened, inventories continue to shrink, interest r...
09/15/2011
Pending Home Sales in Palm Beach Gardens Steady    The local real estate market continues to chug on down the road towards another season and we can count the weeks on our hands when our northern friends start pulling into town. Sales have flattened, inventories continue to shrink, interest rates...
09/15/2011
Pending Home Sales in Tequesta Drop 9%   The local real estate market continues to chug on down the road towards another season and we can count the weeks on our hands when our northern friends start pulling into town. Sales have flattened, inventories continue to shrink, interest rates are at al...
09/15/2011
    Pending Home Sales in Hobe Sound Drop 14%   The local real estate market continues to chug on down the road towards another season and we can count the weeks on our hands when our northern friends start pulling into town. Sales have flattened, inventories continue to shrink, interest rates ar...
09/15/2011
Pending Home Sales in Juno Beach Drop 44%   The local real estate market continues to chug on down the road towards another season and we can count the weeks on our hands when our northern friends start pulling into town. Sales have flattened, inventories continue to shrink, interest rates are at...
09/15/2011
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Tom Priester

Paradise Sharks
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