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Real Estate Blog

Thursday, August 23, 2012

WEST PALM BEACH, August 22, 2012 – "Overall, the housing market in Palm Beach County is improving on all fronts…prices are up, more homes are selling and foreclosures are down," according to Bonnie Lazar, President of the Realtors® Association of the Palm Beaches. The median sales price for single-family homes is up 15.1 percent, increasing from $189,000 in July 2011, to $217,500 in July 2012. The median sales price for townhomes and condos is up 12.5 percent, increasing from $80,000 in July 2011, to $90,000 in July 2012. Year-over-year closed sales for single-family homes in Palm Beach County are up 20.7 percent and pending sales are up 82.7 percent. In addition foreclosed sales based on all properties are down 42.3 percent from July 2011.

Inventory levels for both single-family homes and townhomes and condos are down year over year. "Homes in Palm Beach County are selling because of several key factors: affordability, value, demand and low interest rates. For buyers who require financing the key is to get pre-qualified, maintain a good credit rating and be positioned to make a competitive offer. If priced correctly, homes are selling at, or very close to, the original list price. At times sellers are reviewing multiple offers before accepting or countering, therefore it’s very important to review recent market activity and evaluate comparable properties with your REALTOR® before making your initial offer," said Tim Harris, President-Elect for the Realtors® Association of the Palm Beaches.

The industry considers a six-month supply of inventory to be normal. In July 2012, the month’s supply of inventory dropped over 50 percent from July 2011. Last year in Palm Beach County, there were 11,960 single-family homes for sale and 11,872 townhomes and condos compared to 6,788 single-family homes and 6,815 townhomes and condos for sale in July 2012.

Year-over-year new listings for single-family homes rose 8.3 percent and townhomes and condos were up 1.5 percent. "The overall housing environment in Palm Beach County is positive; the key is working with a REALTOR® who can guide you through the process and help you make an offer that warrants consideration and approval from all parties involved," said Lazar.

For more information about the current real estate sales trends in Palm Beach County, call Bristol Properties International's Boca Raton office at 561-347-1303.

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Tuesday, July 31, 2012

Bristol Properties International is keenly aware of the real estate mantra: location, location, location. Bristol has adopted its own first rule of real estate, which is safety, safety, safety.

A group of Bristol Agents recently attended workshop on Realtor Safety at the Realtors Association of the Palm Beaches; (RAPB) office. The keynote speaker was Andrew Wooten, an internationally acclaimed Safety and Security Consultant. Topics included personal safety in the home, office and car, children safety, social media safety concerns and identity theft prevention.

Bristol Agent, Helve Massakas, says that "one thing that particularly stuck in my mind when Andrew stated that cell phones were unsecured wireless devices! I was overwhelmed with the valuable information I was given that day." Another Bristol Agent, Irene Durocher, said "Andrew Wooten made everyone aware how easy it is to be a victim, whether thru technology or just walking down the street. The world is changing, you must be aware of your surroundings. He was a very motivational speaker and also shared self defense techniques with us."

Andrew Wooten's professional presentation was so anticipated that the event is now recorded into the Guinness Book of World Records for most participants in multiple locations attending a webinar, with 595 participants. Bristol Realtors Louise Morales and Laura Corwin are also thankful to RAPB for the workshop information and are anxious to share what they learned with their customers.

Bristol Properties International takes safety very seriously, as they have strict confidientiality standards and take actions to prevent identity theft. Bristol's offices are designed so that all professionals and their clients are safe and can feel at ease. The staff is regularly trained and updated with the latest safety measures.

Bristol's team of professionals is ready to discuss simple techniques for keeping your home safe. BPI would also be happy to provide a free market analysis and answer real estate questions. Bristol is staffed with seasoned real estate professionals, but always looking for new Realtors to grow our South Florida presence. Call 561-347-1303 in Boca Raton or 239-352-6400 in Naples or Bonita Springs to learn about the Bristol Opportunity.

Comments: 0

Tuesday, July 31, 2012

Bristol Properties International is keenly aware of the real estate mantra: location, location, location. Bristol has adopted its own first rule of real estate, which is safety, safety, safety.

A group of Bristol Agents recently attended workshop on Realtor Safety at the Realtors Association of the Palm Beaches; (RAPB) office. The keynote speaker was Andrew Wooten, an internationally acclaimed Safety and Security Consultant. Topics included personal safety in the home, office and car, children safety, social media safety concerns and identity theft prevention.

Bristol Agent, Helve Massakas, says that "one thing that particularly stuck in my mind when Andrew stated that cell phones were unsecured wireless devices! I was overwhelmed with the valuable information I was given that day." Another Bristol Agent, Irene Durocher, said "Andrew Wooten made everyone aware how easy it is to be a victim, whether thru technology or just walking down the street. The world is changing, you must be aware of your surroundings. He was a very motivational speaker and also shared self defense techniques with us."

Andrew Wooten's professional presentation was so anticipated that the event is now recorded into the Guinness Book of World Records for most participants in multiple locations attending a webinar, with 595 participants. Bristol Realtors Louise Morales and Laura Corwin are also thankful to RAPB for the workshop information and are anxious to share what they learned with their customers.

Bristol Properties International takes safety very seriously, as they have strict confidientiality standards and take actions to prevent identity theft. Bristol's offices are designed so that all professionals and their clients are safe and can feel at ease. The staff is regularly trained and updated with the latest safety measures.

Bristol's team of professionals is ready to discuss simple techniques for keeping your home safe. BPI would also be happy to provide a free market analysis and answer real estate questions. Bristol is staffed with seasoned real estate professionals, but always looking for new Realtors to grow our South Florida presence. Call 561-347-1303 in Boca Raton or 239-352-6400 in Naples or Bonita Springs to learn about the Bristol Opportunity.

Comments: 0

Tuesday, July 31, 2012

Bristol Properties International is a growing, professional boutique-style real estate firm in Boca Raton. Bristol Agent, Cathy Lewis is a top producing Realtor with over a decade of experience serving the South Florida real estate market.

Cathy's professional background began with customer service and sales management, and her commitment to service is evident with the relationships she establishes with customers. Cathy is a Senior Specialist, Green Realtor, Certified Distressed Property Expert (CDPE), and is a Certified International Property Specialist (CIPS). Cathy says "the CIPS designation provided me with a broader understanding of the needs of international buyers and sellers, specifically the nuances of individual countries. It has given me the confidence to reach out to real estate Agents abroad."

Specializing in the second home, vacation homes and 55+ communities, Cathy is a great resource for buying or selling your next property in Palm Beach or Broward Counties. Call Cathy Lewis or any of the professional associates of Bristol Properties International today at 561-347-1303, visit www.BristolRE.com, or stop by the office at 253 East Palmetto Park Road, Boca Raton.

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Tuesday, July 31, 2012

Bristol Properties International is a growing, professional boutique-style real estate firm in Boca Raton. Bristol Agent, Ora Lauria is a top listing Agent with over a decade of real estate experience serving the South Florida and New York markets.

Ora Lauria is originally from Israel and speaks fluent English, Hebrew, Moroccan, and Arabic. Ora moved to the United States twenty-two years ago and has enjoyed great success working with investors from Israel and throughout the world. Recently, Ora has been selling restaurants and other commercial spaces.

As a top listing Agent, Ora develops a personalized plan to efficiently and effectively sell your property. Ora works with both residential homeowners and commercial business owners to successfully sell properties throughout Palm Beach and Broward Counties. Working at Bristol Properties International, an office where colleagues speak a total of fifteen languages creates and international atmosphere that provides Ora the opportunity to serve and attract a global clientele.

Specializing in listing properties, call Ora Lauria or any of the professional associates of Bristol Properties International today at 5614-347-13033, visit www.BrisolRE.com, or stop by the office at 253 East Palmetto Park Road, Boca Raton.

Comments: 0

Tuesday, July 31, 2012

Bristol Properties International is now serving the Royal Palm Yacht and Country Club of Boca Raton. The 'Exceptional Home Team' of Nancy Albert, Laura Corwin and Joanne Straton is an enthusiastic group of women of integrity. With combined over sixty years real estate experience serving Boca Raton and its surrounding areas, the Exceptional Home Team eagerly helps both buyers and sellers.

Nancy Albert says, "Royal Palm is unique in that it offers both golf and yachting, nearby beaches and access to the renowned Boca Raton Resort and Club. It is also one of the only luxury communities without a mandatory equity membership." Joanne Straton, daughter of success Boca Raton real estate broker Frank J. Oliver, intimately knows Royal Palm and has sold countless properties in the development dating back to the first homes sold.

Laura Corwin says, "the homes in Royal Palm are exceptional, and our team's female eye for beauty and enthusiasm set us apart." Call the Exceptional Home Team of Bristol Properties International today at 561-347-1303 or stop by 253 East Palmetto Park Road, Boca Raton. For Naples or Bonita Springs luxury properties call 239-352-6400 today.

 

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