Palm Beach Real Estate and Loans

This Sunday, 5/11, I will be showcasing more prime Palm Beach Gardens real estate by having an Open House at 1007 Grand Isle Terrace, BallenIsles -

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˜Spectacular courtyard home on nearly a half-acre of premier property is designed for dramatic lake and sunset views! Sophisticated and comfortable, this home is professionally decorated and is being offered fully furnished. Loads of custom upgrades and designer appointments. Must see to appreciate it all!

This 4 Bedroom / 5.5 Bathroom (including a 1/1 Guest / In-law suite) is listed for $1,095,000.

The list of features is extensive - call me at 561-282-7406 - better yet, come by on 5/11 - Ill be there from 2-4 PM.

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This Sunday (5/4/08) from 2 - 4 PM I will be hosting an Open House at 205 Coconut Key in BallenIsles - one of the most sought-after areas in Palm Beach Gardens real estate.

˜Home shows like a model - tile and hardwood throughout, granite countertops, desiginer ceiling fans, the built in family room wall unit can accomodate a large screen TV and has built-in surround sound for exceptional entertainment quality.The southern-exposed pool and custom wall mirrors keep the home light and airy.  The courtyard landscaping adds to the homes privacy.  Hurricane glass and storm shutters.  At night the the ground lighting gives the home a ˜regal feel.  The recent Platinum Club survey ranked BallenIsles as one of the top residential club communities in the country. 

This property is listed for $1,299,500 and a full Golf Membership is available.

For additional information call me at 561-282-7406.

Great news - I’ve changed to a new brokerage - as of this week I am now a Real Estate Agent for Leibowitz Realty Group.

Their reputation as a leader in the luxury golf/country club market is un-paralleled in Palm Beach County.  You can read about the Companys history here.

They just opened up a new office at Midtown @ PGA Boulevard - a perfect location that will allow me to easily continue to service my main focus areas of:

• BallenIsles
• Mirasol
• PGA National

Their other office is at 210 Brazilian Avenue in Palm Beach - just a few blocks north of Worth Avenue.

To see my, or any of the other Agents’, listings just take a look at the Meet the Team page.

There will be several changes to this website over the next few weeks, if you cant find what you need just call me at 561-282-7406 or email me at: marc@leibowitzrealty.com

Let's start off the 1st Quarter Palm Beach Gardens Real Estate Market Reports with a look at how things went in BallenIsles. 

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The following information comes from our local MLS provider and ONLY consists of closed sales - properties termed 'Pending' or 'Contingent' are not included.

These are the BallenIsles properties that sold in January, February and March of 2007:

 10 homes sold at an average price of $1,216,475 and the average days on market was just under 216.

Here's how things went in 2008:

That's 11 sales at an average of $896,900 and 232 days on market.

As you can see that's pretty consistant from 2007 to 2008, actually a bit of an increase in units sold!  The avarage sale price did drop, but when you're only talking about 10 or 11 transactions, it doesn't take much to affect the average.

All in all, pretty good results when you consider that we're all bombarded daily with over-hyped stories about how real estate is 'dead and/or dying' in Florida.

Tomorrow we'll see the real estate sales results for PGA National, BallenIsles neighbor to the west.

People who regularly read my posts will know that I, along with many, many other Agents, am no fan of mass media - mainly due to the fact that they push negativity to an extreme.  Face it - negativity sells!  Newspapers - not real estate.

So, when a newspaper prints something POSITIVE about Real Estate, I feel that I should give credit where credit is due.

This weekend The Palm Beach Post featured BallenIsles as it's 'Neighborhood of the Week' and gave readers a look into one of the best Golf / Country Clubs available.

I've written several posts about BallenIsles  -and I've got to say that it is already an extremely desirable community, but as the Post's article points out, the $48.7 million dollar renovation to the Club's Facilities and the East Golf Course will go a long way to keep the community attractive to both current Owners and future Residents.

The work is scheduled to begin in April.

Sales were very consistent over the last 2 years with the local MLS reporting 53 sales in 2006 and 54 in 2007.

(The article shows 64 sales in 2006 and 44 through September of 2007.  Why the skewed #'s in 2006 and the lack of information for 4th quarter of 2007?  I have no idea.)

As of today, there are 88 properties listed for sale ranging from $350,000 to $3,750,000 - with a price range like that, there certainly is something available for just about everyone.