ARCHIVED BLOG POSTS
2013
9
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HAPPY NEW YEAR Another year has passed us by; or at least it will by the time we raise our glasses at midnight tonight. Our best wishes for a healthy and happy 2014 as in the end that is what really matters. Be safe tonight!2013 has been a fantastic year for the local real estate market. We are s...
12/31/2013
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Yield on 10 Year Treasury Bonds Hit 3% Last week while everyone’s attention was focused on Santa Clause it may actually be the Grinch we should have been paying attention to. As of this morning the average overnight rate of a 30 year fixed conforming mortgage sits at 4.56% up 4 basis points from ...
12/28/2013
PGA Tour Star Puts Jupiter Home on Market Soon after capturing the HSBC title and getting his career back on the fast track Dustin Johnson has listed his home on the Loxahatchee River in Jupiter. Another test as to the strength of the current real estate market as the list price of $6,500,000...
12/23/2013
From the list price of the Malley house it looks very strong.... Overnight this home on Palm Beach quietly hit the market for $12.495,000. Even though the house has been described as "the most beautiful house in the town of Palm Beach" it seems Janis and Chip Malley were not digging it as they ju...
12/17/2013
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I had a listing appointment this morning and swear I may have gotten a case of lung cancer walking into this place. My first question was to see his motivation and the season for selling. His wife had recently died; imagine that. After quickly telling him exactly what his house may be worth, I ...
12/14/2013
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Some good news on the interest rate front as the average overnight rate on a 30 year fixed conforming loan dropped last week to pull back from recent highs. Rate was down 4 basis points to 4.48% from 4.52%. Market was relatively quiet after the previous weeks move higher as a result of stronger t...
12/14/2013
Absorption Rate in Palm Beach Gardens Moves Lower by 12% The period between Thanksgiving and New Years always seems to be a bit quieter than others during the year. Holiday celebrations, time spent with family and friends, goal setting for the new year and other reflections do take away from th...
12/06/2013
Absorption Rate in Jupiter Moves Higher by 3% The period between Thanksgiving and New Years always seems to be a bit quieter than others during the year. Holiday celebrations, time spent with family and friends, goal setting for the new year and other reflections do take away from the normal ro...
12/06/2013
Absorption Rate in Hobe Sound Moves Higher by 26% The period between Thanksgiving and New Years always seems to be a bit quieter than others during the year. Holiday celebrations, time spent with family and friends, goal setting for the new year and other reflections do take away from the norma...
12/06/2013
Absorption Rate in Tequesta Moves Lower by 11% The period between Thanksgiving and New Years always seems to be a bit quieter than others during the year. Holiday celebrations, time spent with family and friends, goal setting for the new year and other reflections do take away from the normal r...
12/06/2013
