Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579



Look for circumstances that create opportunitiesToday's real estate market in south Florida is hot, just like our summer weather. Prices for condominiums and single family homes have been climbing unabated for months. Inventory levels continue to decrease and well qualified buyers can become frus...
  Easiest way to see a shark dip his fin into the wallet..... Just today I received an e-mail about an informal meeting we have coming up that stated it lasted about 45 minutes and is usually over "coffee or cocktails". You can bet which one I chose but it really got me thinking about how often I...
Join us for the Model Grand Opening at Prado JupiterNext Saturday and Sunday are big days at Prado Jupiter with the Grand Opening of their model homes.  This incredible community offers a minimum lot size of 1/2 acre with home sites three times that size available. Three-quarters of an acre in a ...
North County condo prices climb higher.....againFor the fourth straight month buyers have pushed the median condo price in Palm Beach Gardens and the surrounding communities higher. Even on slower sales volumes nothing seems to be able to stop prices from reaching new highs. As of July 15th, medi...
New 5 month low as buyers scramble for unitsPalm Beach County condo sales have dropped for the second straight month to the lowest levels we have seen since our February report. Is demand waning or is supply the problem? Really a little of both with a twist of seasonal factors mixed in for flavor...
Third Straight Monthly Decline for North CountyAh summer. Here in south Florida you never know what you are going to get during the summer months. The weather changes in the splash of a dorsal fin and so does the real estate market. Each month at this time we bring our readers the latest pending ...
5th Consecutive Monthly DeclineAs we say goodbye to the first half of July, it is once again time to bring you up to speed on home inventory levels in the northern Palm Beach County region. We anticipated the summer months would bring a slow down in sales volumes and with buyers facing fewer opti...
Latest Numbers 2nd Best Month Over the Past YearLately everything we have reported about the northern Palm Beach County real estate market has been bullish. Very bullish. That is until our last report on condominium sales which unexpectedly dropped like a big rock in a deep pond. Down a rather dr...
North County Median Home Prices Hit $400,000Wow, talk about a straight up climb as we get back up to the $400,000 benchmark. We have not seen that number here locally since 2007 and only at the height of the bubble from 2005 through 2007 have we ever seen higher numbers. In 2004 the average media...
Lazy Loggerhead Customers Know Small is BeautifulAs our clients here at Paradise Sharks know,  small is beautiful and the same goes for the best breakfast spots here in Jupiter. Sure, you could go over to one of the major chains like International House of Pancakes but if you were looking for exc...

Tom Priester

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