Jupiter, FL Real Estate News

By Drew Saporito, Native Realtor
(Keyes Company )
The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than this time last year, marking the 20th consecutive month of year-over-year drops.Historically, inventory must reach a 6-month supply for a normal market where home prices appreciate with inflation. Anything less than a 6-month supply is a sellers’ market, where the demand for houses outpaces supply and prices go up.As you can see from the chart below, the United States has been in a sellers’ market since August 2012, but last month’s numbers reached a new low.Recently Trulia revealed that not only is there a shortage of homes on the market in general, but the homes...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
  The numbers are in for January 2017 for Palm Beach County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida. Please feel free to call me for any of your real estate needs. Serving Palm Beach County since 1975 One World Realty 561-685-0976
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
     Abacoa Town Center, 1155 Main Street, Jupiter, 33458 FLFebruary 18, 2017 - February 20, 2017Celebrating 32 years, ArtiGras Fine Arts Festival has grown from a small, local art show to a nationally recognized fine arts festival attracting tens of thousands of art lovers and collectors. ArtiGras will be held President’s Day Weekend, February 18-20, 2017 at Abacoa in Jupiter, Florida. Produced by the Palm Beach North Chamber of Commerce, ArtiGras was recently named one of the top 50 fine art festivals in the country and features 300 juried artists along with artist demonstrations, Youth Art Competition, ArtiKids children’s interactive activity area, entertainment and more.The festival offers artists’ demonstrations, the ArtiKids interactive arts area, musical performances and unique a...
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By Christian Penner, Your Mortgage Lender - 561-316-6800 | 561-373-0987
(The Christian Penner Mortgage Team)
Facts Argue Why Jupiter Listing Now Might be ShrewdIf this is going to be a year of upsets, the rules for when Jupiter listings are best initiated might be primed to fly out the window. There’s no guarantee that 2017’s Jupiter listing performance will bend the rules, but if the National Association of Realtor’s® news site is right, it’s a definite possibility.The history has long demonstrated that the most opportune time of year to add your home to the Jupiter listings is during the peak spring and summer seasons. When you look at the volume of home sales through most years, those months do look inviting. There are exceptions, but for the most part, spring and summer regularly excel in sales volume.Last week, the Realtor® website ran an article in their Trends area headlining that “This...
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By Tracey Lavoll, Lavoll Real Estate Group serving Palm Beach County
(Keller Williams of the Palm Beaches)
19124 Dawnwood Ct., Jupiter, FL 33458 4 Bedroom, 2.5 bath, 3020 sq. ft. under air. Enjoy spectacular sunrises over the lake and sparkling pool from oversized Anderson double paned windows and sliders in this bright and voluminous home.  This contemporary home is situated on a quiet cul-de-sac tucked in the back of the Shores on Hidden Lake.   The double sided screened-in patio leads to the 9,000 gallon pool and heated hot tub adjacent to a 2-acre portion of hidden lake. . Two of the four oversized bedrooms make this a true double master residence and impossible to resist. Search for homes here Find your home value now
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
 The numbers are in for year end 2016 for Palm Beach County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida. Please feel free to call me for any of your real estate needs. Serving Palm Beach County since 1975 One World Realty 561-685-0976
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
  Join the fun Saturday, January 28th, 2017, from 1-5 pm at the Roger Dean Stadium located in beautiful Jupiter, FL. There’s no better way to experience the ever-growing world of craft brewing. Guests will sample and savor brews from some of South Florida’s as well as the nation’s finest breweries. With paid admission and proper identification (stating you are 21 years of age or older) guests will enjoy unlimited samples of the brews. All this while listening to some of the best local entertainment around!In the past 11 years, the festival has come a long way.  Thank you all for your support and great energy throughout.  We will once again be having Craftoberfest - where craft beer meets Octoberfest! Click here for more.Brewers During the Jupiter Craft Brewers Festival we will have over...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
There is nothing more gratifying then to have a successful closing and especially with a first time home owner. Thanks to Platinum Title and the selling Agent Alexandra Owen her Realtor in making this a memory that the buyer will always remember. Great job everyone.
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for November, 2016 for Palm Beach County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida. Please feel free to call me for any of your real estate needs. Serving Palm Beach County since 1975 One World Realty 561-685-0976
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By Drew Saporito, Native Realtor
(Keyes Company )
Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible.Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price, but will instead have multiple buyers fighting with each other over the house.Realtor.com, gives this advice:“Aim to price your property at or just slightly below the going rate. Today’s buyers are highly informed, so if they sense they’re getting a deal, they’re likely to bid up a property that’s slightly underpriced, especially in areas with low inventory.”2. Use...
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By Drew Saporito, Native Realtor
(Keyes Company )
Over the next five years, home prices are expected to appreciate 3.24% per year on average and to grow by 21.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchases and closes on a $250,000 home in January. If we look at only the projected increase in the price of that home, how much equity will they earn over the next 5 years?Since the experts predict that home prices will increase by 4.0% this year alone, the young homeowners will have gained over $10,000 in equity in just one year. Over a five-year period, their equity will increase by over $43,000! This figure does not even take into account their monthly principal mortgage payments. In...
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By Rob Arnold, Metro Orlando Full Service - Investor Friendly & F
(Sand Dollar Realty Group, Inc.)
 I buy houses Jupiter Florida   407-739-5773    www.WeBuyHousesFlorida.com ® .  Creative problem solving to deal with your unique situation. Cash offer with minimal contigencies. Close on the date of your choice - as quickly as 2 weeks. Any condition - from ugly to beautiful. Fire, sinkhole, and storm damage homes are ok. Any area of Florida. All situations - foreclosure, divorce, relocating, inheritance, tenant problems, etc. Also, I have a Florida real estate license.  So if our price and terms are not what you are looking for, our team can put together a professional marketing plan to sell your house for top dollar.  Either way, we want to help you get that house sold quickly.  Please pick up the phone or fill out the "contact us" form on our website.  Let's make a deal.  407-739-577...
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By Tracey Lavoll, Lavoll Real Estate Group serving Palm Beach County
(Keller Williams of the Palm Beaches)
JUST LISTED  19124 Dawnwood Ct., Jupiter, FL 33458 $500,0004 Bedroom, 2.5 Baths, 2 Car Gargage, 3,020 Sq. Ft of living space.  Enjoy spectacular sunrises over the lake and sparkling pool from this 4 bedroom, 2.5 bath bright and voluminous home. Custom engineered contemporary steel frame and stucco home.  Metal roof installed in 2010.  Re-sided with plywood, Tyvek and stucco in 2013, along with many windows and doors.  The master bedroom is upstairs, and also includes an in law suite downstairs.  Updated master bathroom, salt water heated pool and spa, and oversized high garage provides ample room for a boat.           
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for October, 2016 for Palm Beach County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida. Please feel free to call me for any of your real estate needs. Serving Palm Beach County since 1975 One World Realty 561-685-0976
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for October, 2016 for Palm Beach County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information.   Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida. Please feel free to call me for any of your real estate needs. Serving Palm Beach County since 1975 One World Realty 561-685-0976
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By Drew Saporito, Native Realtor
(Keyes Company )
We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to be a great time to sell your house.Let’s look at the data covered by the latest Pending Home Sales Report and Existing Home Sales Report.THE PENDING HOME SALES REPORTThe report announced that pending home sales (homes going into contract) are up 2.4% over last year, and have increased year-over-year now for 22 of the last 25 consecutive months.Lawrence Yun, NAR’s Chief Economist, had this to say:“The one major predicament in the housing market is without a doubt the painfully low levels of housing inventory in much of the country. It’s lead...
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By Tracey Lavoll, Lavoll Real Estate Group serving Palm Beach County
(Keller Williams of the Palm Beaches)
Every year, the Shores of Jupiter, celebrates Halloween with it’s Annual Halloween Parade. Children dressed in their Halloween costumes parade down Longshore Drive together with the local police and fire department.At the tot lot, children and their parents enjoy Tricks and Treats. As customary, Tracey Lavoll and Tracy Rhoades with Keller Williams Realty brought the treats. The Boyce, Toward, and Boyd families supplied the activities. Children and their families enjoyed a bounce house, craft projects, an adorable photo booth, face painting, ice cream, cookies, caramel apples, and hot dogs.The Shores of Jupiter is conveniently located off Central Boulevard, approximately ½ mile North of Indiantown Road. The oak lined streets are a favorite in the area. The Shores is home to over 9 meande...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
The Daily (110316) Hot Sheet Of Top Real Estate News Trending Now  Survey: Rising prices prompt likely sellers to waitHome seller conundrum: Move-up buyers want to jump into the market now before prices go up, but they also want to wait and get top dollar for their current home. Read moreVote Nov. 8: Many Floridians don'tWhy vote? Fla. is often pivotal, yet WalletHub found only average participation. Who to choose? Florida Realtors PAC released a list of pro-real estate candidates. What's the RE impact? NAR will host a post-election webinar. Read moreOne year later: New closing rules remain a challengeNew mortgage disclosure rules went into effect 13 months ago, but a few stumbling blocks still need work. NAR and MBA discuss where the industry stands now. Read more.Tech drives design in...
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By Drew Saporito, Native Realtor
(Keyes Company )
The National Association of Realtors (NAR) keeps historic data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost nine years – an increase of almost 50%.Why the dramatic increase?The reasons for this change are plentiful. The top two reasons are: The fall in home prices during the housing crisis left many homeowners in a negative equity situation (where their home was worth less than the mortgage on the property). The uncertainty of the economy made some homeowners much more fiscally conservative about making a move. However, with home prices rising dramatical...
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