Tom Priester's Blog

Follow me
Real Estate Broker/Owner - Paradise Sharks - BK3087579
After a wild ride two American standards back on the same pageTime to have a little fun and see where local home prices stand in relationship to the average cost of an American legend; the Big Mac. We have gone back and compared the median priced Jupiter home with the average annual cost of a Big...
Local single family home sales soar to new recordIf you run into a Jupiter Realtor these days you can be sure they have a smile on their face. A big smile. In fact, this Jupiter Realtor broke into a huge grin as I was finalizing numbers for today's article. You see I take great pride in knowing t...
First monthly price decline since OctoberIf you have been reading our articles you already knew this was coming but Jupiter home prices have dropped as of August 1st for the first time in 9 months. After hitting a new 7 year high just 30 days ago the median sales price of a single family home in ...
Potential savings but also riskWhen I decided to sell my first home I contacted the top two real estate firms in the area and asked them to come over and talk. This was in 1983 when the market wasn't that great and interest rates were very high. The "best" of the two told me it would probably tak...
Buyers have fewer options with 6th straight monthly declinesHousing inventory in the north county area continues to shrink; the patient is not yet critical but no doubt effecting the market. Significantly. As of August 1st, the number of properties actively for sale has dropped once again for the...
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...

Tom Priester

Paradise Sharks
Ask me a question