Tom Priester's Blog

Follow me
Real Estate Broker/Owner - Paradise Sharks - BK3087579



Median Sale Prices Remain Down 6% Over the Past 90 DaysYesterday we released the final monthly sales report showing condo sales have fallen to the lowest levels we have seen over the past year. We have seen a similar slide in local single family home sales that also sit at yearly lows. The good n...
Year over year numbers down 33%As of February 15th condominium sales in the northern Palm Beach County region fell again to the lowest levels we have seen in well over a year. As we saw with our single family home report earlier in the month sales have slowed making one question just how strong t...
Biggest One Week Increase Since December 8thWe have to go all the way back to December 29th before finding another week where the average overnight interest rate on a fixed 30 year conforming loan moved higher. As of this morning the BankRate quotation is 4.35% up 8 basis points over the past wee...
  It has been over a year since buyers had more selection Each month there are two metrics we consider so important to the strength of the real estate market we update you twice. At Paradise Sharks Real Estate we firmly believe each of our clients deserves to know as much as possible in order to ...
Huge move after 4 straight declinesOur mid month state of the market reports for the north county region start off with some very, very good news. After dropping for 8 of the last 9 months pending homes sales have moved higher and it was a significant jump. In fact, we have to go back to October ...
Median sales price up to 6 month highAs we have reported for many months, sales of single family homes in the north Palm Beach County region have slowed considerably while inventory levels continue to climb. A few days ago our article on pending home sales increasing for the 1st time in 9 month w...
  Certainly depends on your perspectiveFor those out looking for a home who can lock in at the lowest interest rates we have seen for 13 weeks - good news. For businesses who are seeing growth and are capable of borrowing funds for expansion - good news. For those who for some reason have not alr...
  This listing is so new you can still be the first one thereIf you have been looking for the perfect concrete block pool home in Boynton Beach this opportunity is worth your attention. The current owners are downsizing and the care at attention to maintenance they have given this property are am...
  Joins forces with top agents throughout the country on Home Buying MasteryAs one of northern Palm Beach County's top agents, Tom Priester the principal broker of Property Sharks Real Estate was invited to participate in the project last year. Widely recognized for his published articles on mark...
  If Not Maybe Something is WrongThis week I had a call from a client after I had forwarded them the photos and description we had put together telling the story of their home to prospective buyers. The very buyers we will be attempting to entice from the variety of on-line sources, like Trulia. ...

Tom Priester

Paradise Sharks
Ask me a question