Boynton Beach, FL Real Estate News

By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Info That Hits Us For The Week Of February 15, 2016Plenty of people last week were banking on getting a mortgage at today's fine rates, as mortgage applications shot up 12% compared to the previous week, according to the Mortgage Bankers Association (MBA). Their report showed most of the gain came from a new wave of home owners refinancing to latch onto the dropping rates. But the MBA said purchase applications were up too, evidence that home buyers are also taking advantage of the current rate environment. The unadjusted MBA Purchase Index was up 7% over the prior week and is now 25% above where it was the same week a year ago. The MBA Builder Application Survey delivered more good news. Mortgage applications for new home purchases shot up 14% in January, a nice rebound from December's...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Flooring Options That Will Help Enhance Your InteriorThinking about giving your floor a facelift? You've got several flooring options, including the following: Hardwood -- Hardwood is a classic choice that works with any architectural style and can last for more than a century with the right care. Maintenance is a cinch and repairs are simple enough when normal wear occurs or pets leave their mark. That said, keep in mind that wooden floors can be cold and loud if they're not accessorized with rugs. Carpet -- Carpet, whether natural or synthetic, is one of the more versatile flooring options. Wool carpeting is durable and resists moisture and stains better than synthetic fibers like nylon and acrylic. Easy cleaning and natural insulation properties for both sound and temperature are ups...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet Of Top Real Estate News Trending Now February 12, 2016  DFS clarifies title insurance rulingFlorida Realtors received an update on a ruling this week regarding payment of estoppel certificate fees. Read more.House OKs tax package, including business rent tax cutThe Florida House passed House Bill 7099, which includes the Florida Realtors-backed rental tax reduction. Read more.1.6% of U.S. homes vacant - in Fla., it's 2.3%RealtyTrac's latest foreclosure report found 154,179 vacant homes in Fla. - but 74.8% of the homes, while empty, aren't underwater and have at least some equity. Read more.Average 30-year mortgage falls to 3.65%It's the sixth straight week for mortgage rate declines as global economic worries and stock market turmoil push the price of U.S. government...
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(Best Connections Realty, Inc.)
Need House for Sale in Tivoli Lakes in Boynton Beach FOUND!!! Dear Homeowner, I'm a real estate agent with Realty Associates Florida Properties.  Please NOTE this is not a solicition to list your home.   I'm working with a qualified homebuyer interested in buying in your community; preferably, they are seeking a Cabernet model. If you are or believe you'd be interested in selling within the next 6 months, please give me a call and let me know days/times when the homebuyers can view your home. I'll be happy to share the SOLD information of homes similar to your to help you determine a price.  Or, the homebuyers can make an offer. I look forward to a call from you, or you can just email me at Elyse@ElyseBerman.com.  All calls confidential. Sincerely, Elyse Berman, PA, GRI, ABR, e-PRORealt...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet Of Top Real Estate News Trending Now January 20, 2016   Foreign sellers? FIRPTA withholding increases to 15%On Feb. 17, taxes paid by foreign sellers of U.S. property will increase from 10% to 15% in some transactions. Read more.Coalition rolls out ads to fight Fla. rent taxEach month, Fla. businesses - unlike commercial firms in any other U.S. state - pay a tax on their monthly rent. A business coalition wants the Florida Legislature to change that. Read moreDrone suit considers issues of trespassing, privacyIn Kentucky, a homeowner shot down a drone and the drone owner sued. Courts must now consider drone use rights and responsibilities for the first time. Read more.More 55-plus homeowners choose to rentIn 2000, 52.5% of 55-plus homeowners who moved decided to ren...
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By Ryan Jennings, "Buy With Confidence...Sell With Trust"
(Keller Williams Realty-Wellington)
BOYNTON BEACH, FL: Buyer’s Market or Seller’s Market? How Long To Sell Your Home and Are Prices Rising? If you’re looking to buy or sell real estate in Boynton Beach, FL in 2016, you may be wondering how long homes are on the market, whether prices are up or down and whether it’s a Buyer’s Market or Seller’s Market. First, let’s look at what happened in 2015 with Single Family Home Sale in Boynton Beach: Average Days on Market: In 2015 was 59 days and down from 68 days on the market average in 2014 Average Sold Price: $305,786 (up from 2014 average price of $277,849) Average Sold Price as 97% of List Price - (homes are selling very close to asking price) Number of Homes For Sale in 2015: 4,121 Now, to get an even better sense of what’s happening in the real estate market, go to our web ...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily Hot Sheet of Top Real Estate News Trending Now December 16, 2015  Housing starts surge 10.5% higher Single-family housing starts rose 7.6% to an 8-year high, while multifamily starts spiked 18.1% following a decline the month before. Read more.Fed finally lifts key interest rate from near zeroAfter seven years, the Fed today raised interest rates 0.25 basis points. Some analysts expect another increase in June; others predict an every-other-meeting timeline. Read more.Will short sellers still get a tax break?As it stands now, a short-selling owner in 2015 must pay taxes on the amount a lender forgave. But a new bill in Congress could change that through next year. Read more.Insurers 'encouraged' by flood insurance rate talksFEMA yesterday acknowledged "concerns about fairness"...
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By Ruth Jacobs, North Palm Beach, Real Estate Specialist, CDPE, SF
(Quantum One Realty)
Beautiful well maintained home in desirable Ponte Vecchio development, conveniently located to shopping, turnpike and much more. The Medici model boasts an open and spacious floor plan, beautiful kitchen with Corian countertops, double oven, smooth top range, tile on the diagonal, crown molding in entry, living and dining area, inside laundry, upgraded lighting, and a split bedroom plan, with a paver driveway as well as paver patio. Ponte Vecchio is an active adult community offering a resort lifestyle.  Contact Kathy 561-797-8415 for showing. 
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Daily Hot Sheet of Top Real Estate News Trending Now Tuesday, December 8, 2015    A Capitol Hill win for homeownershipCongress voted and Pres. Obama signed a $305B transportation bill that doesn't rely on homebuyer funding through g-fees, thanks, in part, to Realtors' efforts. Read more.Baby boomers blamed for clog in housing marketSome economists say boomers aren't selling their homes and downsizing like previous generations did, creating a shortage of for-sale homes and higher prices. Read more.How hard is it to come up with a downpayment?In Fla., it takes the average first-time homebuyer 22.64 years to come up with a 10% downpayment on a median-priced home, according to a Builder study. Read more.What amenities do renters want most?The top priority? High-speed Internet. But parking, ...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Have The Recent Sales Activity Taken A Break?  Sales growth has ground to a halt. Sales of existing homes dropped to 5.36 million on an annualized rate for October. That's a 3.4% decline from September sales.  Year-over-year sales growth has dropped to 3.9%, the lowest reading since January. Supply is still an issue. It currently stands at 4.8 months at October's sales rate. A year ago, supply stood at 5.2 months.  Despite the recent spat of negative news, we remain positive. When economic growth is considered, it's possible the past two months of sales and price data are an anomaly. The economy continues to grow, with third-quarter gross domestic product (GDP) revised up to 2.1% annualized growth.  The initial report last month showed growth at 1.5%. Readings on consumer activity remai...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
MY BANK ACCOUNT!!! This is AWESOME ... something we should all remember. A 92-year-old, well-poised and proud man, who is fully dressed each morning by eight o'clock, with his hair fashionably combed and shaved perfectly, even though he is legally blind, moved to a nursing home today. His wife of 70 years recently passed away, making the move necessary. After many hours of waiting patiently in the lobby of the nursing home, he smiled sweetly when told his room was ready. As he maneuvered his walker to the elevator, I provided a visual description of his tiny room, including the eyelet sheets that had been hung on his window. I love it,' he stated with the enthusiasm of an eight-year-old having just been presented with a new puppy. Mr. Jones, you haven't seen the room; just wait..' 'That...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
DID EMPLOYMENT NUMBERS SEAL THE DEAL FOR PAYROLL GAINS?  October was huge for the economy. Payrolls surged by 271,000, handily beating all economists' estimates. The month saw the strongest monthly payroll gains since last December. The surge in employment, in turn, dropped the unemployment rate down to 5%, the lowest it has been since May 2008. They have been saying for a while now that a fed funds rate increase is coming, but the facts have changed. Even so, it’s important to remember, even if the Fed does raise the fed funds rate, that doesn't mean rates are going higher. When the Fed made its other major policy change – to systematically withdraw from quantitative easing two years ago – rates ran up until the time the Fed begin to withdraw. Rates then drifted lower by a full percent...
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By Ryan Jennings, "Buy With Confidence...Sell With Trust"
(Keller Williams Realty-Wellington)
Are you looking for the BEST foreclosures or short sales available in Canyon Lakes - located in western Boynton Beach (33473)?The Ryan Jennings Group at Keller Williams Realty specializes in Canyon Lakes and have made this easy to use home searching tool that will just show you the available foreclosure and short sales currently on the market for sale.  Save the link, share the link, or JUST SEARCH AWAY!SEARCH FOR FORECLOSURES, BANK OWNED HOMES, AND SHORT SALES JUST IN CANYON LAKES - NOW!New homes come available everyday...don't miss out of the next foreclosure or short sale that could be your new home.For more details on Canyon Lakes in Boynton Beach, FL - Please contact the Ryan Jennings Group at 561-313-2627 or via email at RyanJenningsGroup@gmail.com.  Not interested in foreclosures...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Daily Hot Sheet of Top Real Estate News Trending Now  Wednesday, November 4, 2015   Too many potential buyers think they won't qualifyMost people don't know that they can buy a home with only 3% down, Freddie says. It hopes faith-based groups and nonprofits will help spread that message. Read more.New, free savings plan acts like RothDon't have access to a 401(k) retirement plan? Starting this week, any American making less than $131K has access to a similar no-fee retirement savings plan called myRA. Read more.Homeownership key to wealth-building, middle classIt's not just about families: The U.S. economic system depends on a solid middle class, and nothing builds wealth like homeownership, says a panel of experts. Read more.Builders' biggest problem? A shortage of good lotsAre all the...
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By Ryan Jennings, "Buy With Confidence...Sell With Trust"
(Keller Williams Realty-Wellington)
Important numbers for The Canyons in Boynton Beach, FLFPL:  561-697-8000PB Water:  561-740-4600Ben Gamla Charter Elementary:  561-742-8017Somerset Academy Middle and High School:  561-732-8252Sunset Palms Elementary School:  561-752-1100Odyssey Middle School:  561-752-1300Olympic Heights High School:  561-852-6900The Canyons in Boynton Beach HOA Office Contact Phone NumbersCanyon Lakes HOA Office:  561-737-6440Canyon Springs HOA Office:  561-735-8836Canyon Trails HOA Office:  561-336-2538Canyon Isles HOA Office:  561-734-8840The Canyons in Boynton Beach Shopping, Retail, and Local RestaurantsDelray Marketplace:  561-865-4613 | www.DelrayMarket.comCanyon Town Center:  www.canyon-towncenter.comThe Canyons in Boynton Beach Real Estate ServicesRyan Jennings:  Keller Williams Realty | 561-31...
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By Ryan Jennings, "Buy With Confidence...Sell With Trust"
(Keller Williams Realty-Wellington)
Why I choose to live in Canyon Lakes in Boynton Beach, FL...A local realtor tells why he choose to live in Canyon Lakes after being in almost every neighborhood in Palm Beach County thru-out his real estate career. If you are reading this you may be looking at homes thru-out Palm Beach County and as a local realtor for over 12+ years I know there are many different areas to choose from.  Many of you will look for great schools for kids, proximity to work, safe area for the family, and of course home prices within your budget.I can tell you those same searching criteria is exactly what lead me to Canyon Lakes in Boynton Beach, FL (zip code: 33473).  What you will find in Canyon Lakes (or neighboring communities, such as: Canyon Isles, Canyon Springs, or Canyon Trails) is a great family o...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
 Daily Hot Sheet of Top Real Estate News Trending Now  Friday, October 16, 2015  Don't tax homeownership to pay for roadsNAR Call for Action: Should G-fees - added costs on home loans backed by Fannie Mae or Freddie Mac - help pay for road construction? Tell lawmakers "no." Read more.Scam alert: Thieves target SW Florida RealtorsCriminals steal Realtors' email passwords, monitor the accounts and tell buyers a few days before closing to wire settlement money to a bogus location. Read more.Fla. still tops for mortgage fraudFla. is home to 5 of the top 6 U.S. high-risk cities for mortgage fraud based on the number of applicants willing to tamper with the details in order to qualify. Read more.Average rate on 30-year mortgage rises to 3.82%While the FRM rose slightly, it's still below 4% fo...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Daily Hot Sheet of Top Real Estate News Trending Now.  Wednesday, October 14, 2015   Top Stories New: Mortgages for multi-generation familiesA new Fannie Mae mortgage rule makes it easier for multi-generation families to buy a home because it also considers the salaries of the non-buying relatives. Read more.Regrets? I have a few: Top buyer's remorse issuesSometimes buyers want a big home or a pool only to later regret the decision. Other times, they ignore pragmatic details because they fell in love with the house. Read more.Study: Most buyers fail to shop for a mortgageLendingTree survey: While most Americans seek bargains for little purchases, up to 80% don't comparison shop for a mortgage or other major acquisition. Read more.Study ranks the risk of damage from a storm surgeFour Fla...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Daily Hot Sheet Of Top Real Estate News Trending Now Tuesday, October 13, 2015   Top Stories Which online listing site is best?Analyst BuildZoom found that realtor.com had more listings than Zillow in 40 out of 51 U.S. cities. It says Zillow has more traffic but faces an "uphill battle." Read moreBuying a home 48% more affordable than in 2006RealtyTrac: Homes today are more affordable thanks mainly to interest rates. Hamilton County, Fla. leads the list with 5.6% of monthly income paying the mortgage. Read more.Chinese all-cash buyers tripled since 200546% of Mandarin Chinese-speaking buyers who purchased a home in the 17 months ending in May 2015 paid all-cash, according to RealtyTrac. Read more.Report urges more women in leadershipULI's latest report calls for greater "gender balance"...
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