Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks - BK3087579



Slowest sales month in years to blame for decline   There is no doubt that the south Florida real estate market can change just about as quickly as our weather. After months and months of significant declines in pending home sales the winds of change blew in with strength as we reported a little ...
We told you this season was going to be BIG   Month after month, we have watched pending home sales in Jupiter and the surrounding communities move lower and lower and lower. For nine long months, since April 15th of last year, it had been almost a straight down spiral. Down over 32% during that ...
Weak pending home sales come home to roost   We have been vocal since last year that the 2014-2015 season around Jupiter was going to be big. Really, really big. We have more visitors in town than ever before and they are filling the restaurants, shops, streets and beaches to the brim. Everywhere...
Marketing, marketing, marketing     We just got off the phone with a potential client who has decided he is going to sell his home as a FSBO on Zillow. Naturally we were a bit disappointed, not because we really need the business, but we know the odds of him walking from the closing table with a ...
Buyers reacting to more house purchase options   With pending home sales jumping 15% in January we now add a 4% jump in home inventory in Palm Beach Gardens and the surrounding communities. Good news that the market needs if we are to see prices move higher over the next few months.    While loca...
Snowbirds aid in 15% jump   Let’s face it, home buyers in Jupiter and the surrounding communities have been frustrated. The lack of quality inventory in many neighborhoods had stalled sales over the past six months. From May 1st of last year through January 1st of this year pending home sales in ...


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