Tom Priester's Blog

December numbers come in strong   Up until yesterday there was little good news to shout about when it came to the real estate market in the Northern Palm Beaches. Sure condo sales, and prices, had done better than single family homes, but 2014 was kind of a ho-hum year. With 2015 here there seem...

  Largest 30 day upward move in 21 months   Let’s face it, the weather here in south Florida has been amazing so far this winter. If we have anything to complain about it has maybe been too warm. The snowbird crowds have been intense with more people in town that we have ever seen before. But so ...

 Jupiter home inventory drops for the 1st time since October   We keep looking for some good news when it comes to real estate in the Northern Palm Beaches. Sales have hardly been robust, median single family home prices are down about 9% since July and the streets, restaurants, beaches and bars ...

  Seasonal visitors have not yet provided boost to the local real estate market   We told you this season was going to be big. Really big. If you have tried to find parking at the beach, a table at your favorite restaurant or anything at Jupiter’s new Harborside Place you know exactly what I mean...

Look for continued volatilty in the real estate market in the months ahead   Paradise Sharks wants our clients to make well informed, educated decisions and with a real estate market that has been fairly volatile this is important. Timing is everything. If you bought a median priced single family...

  Northern Palm Beaches condo prices remain near 6 year highs   Last week we put the “schizophrenic” label on the local real estate market. With pending home sales hovering very near multi-year lows who knows what 2015 will bring. There are signs, but they differ dramatically by property type, lo...

Pending Home Sales Down AgainWhen we look at the numbers there is not too much to argue about. The Northern Palm Beaches "sick real estate" market needs help. During September and October we saw a little life with pending home sales increasing for the first time since March. But as of December 15...

Buyers have more choices - but will they come to the plate? Every two weeks, Paradise Sharks publishes the latest home inventory in Jupiter numbers to keep you informed of what is one of the most important factors when talking real estate. Our next report will not come to you until the new year s...

For the 4th time in 5 months Jupiter home prices retreat   What a year it has been for real estate in the Northern Palm Beaches. Certainly more of a year where things stood still after what was an amazing year in 2013. As we bring you the last update of 2014 for single family home prices we are a...

  New 10 month low for Jupiter area home salesThings were looking up in the local real estate market, and they still are in all honesty, but one has to be a bit surprised, if not downright disappointed.  The final single family statistics in Paradise Sharks' study of November Jupiter area home sa...