Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579

ARCHIVED BLOG POSTS

2011 

Interest Rates Stay Relatively Flat This Week Interest rates increased last week for the third time in seven weeks and it was hardly a move at all. With the recent spike we have experienced many borrowers wonder if they may have missed their opportunity to snag the lowest rates in history. At thi...
10/23/2011
Increasing Foreclosures Stay the Course in Palm Beach County   It certainly appears that the spike in foreclosure numbers after a five month break is staying steady and I am actually very happy to see this trend change. Inventory levels are at multi-year lows throughout my market area and one wou...
10/23/2011
Interest Rates Jump to 4 Week Highs  Interest rates jumped last week for only the second time in seven weeks and it was a significant move. In fact we have to go all the way back to February 13th to find a larger one week jump in rates. No doubt there is continued uncertainty in the equity market...
10/16/2011
Juno Beach Pending Sales Increase for 1st Time in 3 Months   The local real estate market continues to chug on down the road towards another season and our northern friends can already be seen around town. Every time I drive by one of the clubs a truck is out front unloading cars. It will be inte...
10/16/2011
Hobe Sound Pending Sales Increase for 1st Time in 6 Months   The local real estate market continues to chug on down the road towards another season and our northern friends can already be seen around town. Every time I drive by one of the clubs a truck is out front unloading cars. It will be inte...
10/16/2011
Palm Beach Gardens Pending Sales Increase for 1st Time in 5 Months   The local real estate market continues to chug on down the road towards another season and our northern friends can already be seen around town. Every time I drive by one of the clubs a truck is out front unloading cars. It will...
10/16/2011
Jupiter Pending Sales Drop to 9 Month Low   The local real estate market continues to chug on down the road towards another season and our northern friends can already be seen around town. Every time I drive by one of the clubs a truck is out front unloading cars. It will be interesting to see th...
10/16/2011
Tequesta Pending Sales Drop to 9 Month Low   The local real estate market continues to chug on down the road towards another season and our northern friends can already be seen around town. Every time I drive by one of the clubs a truck is out front unloading cars. It will be interesting to see t...
10/16/2011
Higher Foreclosures Return to Palm Beach County After 5 Month Break After a long 5 month run where foreclosure numbers in Palm Beach County had been down about 44% from what we had become accustomed to things have changed. For the second week in a row we have seen a significant jump and it may ju...
10/14/2011
Interest Rates Down Slightly; Remain Near Record All Time Lows Rates down as are inventory levels and sales and overall the south Florida real estate market is doing quite well. In some segments buyers are lined up in multiple offer situations while in others little activity is putting continued ...
10/08/2011
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Tom Priester

Paradise Sharks
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