Palm Beach Real Estate and Loans

You're interested in finding out the value of a particular home in the Palm Beach Gardens area.

• Maybe you're looking to purchase and you want to find out what the home is REALLY worth   OR
• You already own a home and want to refinance   OR
• You're a serious seller and you want to price the home to sell, not to sit  OR
• You just want to find out how much your place is currently worth to see if you made a good investment.

Now that the word is spreading that the worst of the housing crisis is over, some homeowners are starting to do some incredibly stupid things.

(BTW, if you're offended by that you should take a very close look at what you are currently doing.) 

The BIG question is "Do you REALLY want to sell it, or do you want it to sit on the market for a looooooooong time while the houses around it DO sell"?

Believe it or not, some people are starting to RAISE the prices on their homes!  Folks, please, get a grip.  If your home has not sold in a reasonable amount of time you should lower the price NOT increase it!

I've seen several owners in the area do this - but what really caught my eye was a listing in one of the local golf / country clubs that had been wallowing on the market for a long time.

All figures will be approximate as to not insult the people who should, well, really be insulted!  But keep in mind that I am trying to help here.

This particular home sold in 3/08 for 435,000 and a few months later it was re-listed for more then DOUBLE.  This happened when values were still headed down.

What were they thinking?

The price comes down a bit over the next few months and it winds up in the high $700's - still way too high.  Can you guess what the next step was? I hope you're sitting down - not only do they raise the price, they take it up to nearly 1 million!

Mind -boggling.

Forget 'what' are they thinking, now the question is: ARE they thinking AT ALL?

OK, today's rant is over.  I need some coffee and aspirin.

Call me if you are serious about selling your home.

Just north of Palm Beach Gardens is the town of Jupiter, FL.

Egret Landing has some of the best properties in the city and this Sunday you can take a look at what is currently available.

Just a hint... bring a checkbook and a pen because now is a great time to buy real estate in Florida......

Living in Egret Landing puts you close to all of the area's shopping, restaurants and it's just a short drive to the beach.

Call me for more information 561-282-7406.

The following homes will be open to the public from 2-4 PM.

1084 Lakeshore Drive

473 Oriole

1172 Egret Circle South

500 Pheasant Lane

265 Swallowtail Lane

302 North Hammock Point

View Egret Landing Open Houses 5/24/2009 in a larger map

If you've been thinking of buying luxury real estate in Palm Beach Gardens I have some great news for you-

This 5 bedroom / 6 bathroom / 7477 sq ft mansion in Frenchman's Reserve has undergone an extreme price reduction.

Call me at 561-282-7406 to discuss the specifics and to set up a time to see the property.

Sorry to be the bearer of more good news....

An article written by Anne D'Innocenzo titled "US Consumer Confidence Soars in April" starts off this way:

"Hopeful signs that the worst may be over for the economy boosted Americans' moods in April, sending a closely watched barometer of sentiment to the highest level since November.

The New York-based Conference Board said Tuesday that its Consumer Confidence Index rose more than 12 points to 39.2, up from a revised 26.9 in March. The reading marks the highest level since November's 44.7 and well surpasses economists' expectations for 29.5."

So not just an improvement, A BIG IMPROVEMENT as measured by the US Consumer Confidence Index.

Now, as the typically negative media would be quick to point out, it is still on the low side but no one realistically expected things to turn around overnight. 

This is a start - a very good one - and not just for Buyers and Sellers of Palm Beach Gardens real estate but for the entire country.

We've been beaten up by all of the negativity.  Some of it real of course - but quite a bit created out of thin air by our 'friends' in the mass media who know that negativity sells.  It may sell newspapers, but it only helps to stall the economy's recovery.  I don't know about you, but I'm sick of it.

Anyway, back to reality....

If you want even more good news:

More Good News for Florida Real Estate - Jim Cramer

Good News About Real Estate Prices

Palm Beach Gardens Luxury Real Estate - Even More Good News - Thanks to Donald Trump