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Southeast Florida real estate predictions for 2021 are favorable! The National Association of Realtors chief economist, Lawrence Yun, has readied real estate predictions for 2021. Last year the housing market was on fire with record-low mortgage rates and relocations made possible by remote job opportunities.

It is anticipated that home sales will maintain+ the 2020 momentum and will carry into 2021. The record low mortgage rates have been the key factor for home buying despite a challenging pandemic plagued job market.  Jobs will steadily recover especially knowing that the vaccine distribution is just around the corner.

Expect sales to grow 7 percent and prices to rise another 5.7 percent on top of 2020’s already high levels. While it is

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SeaGlass residences on Jupiter Island officially held its groundbreaking ceremony earlier this month. The luxury “boutique” style twenty-one residence, 10-story condominium development is nestled between the Atlantic Ocean and Intracoastal Waterway on exclusive Jupiter Island in the village of Tequesta, FL.

With a projected completion timeframe of Fall 2022, each of these expansive three-and four-bedroom corner residences maximizes unobstructed, panoramic ocean-to-Intracoastal vistas, and spans 3,781 to 5,323 square feet of living area. The exclusive 21 residences will feature expansive private terraces with summer kitchens, floor-to-ceiling glass, private climate-controlled two-car garages, and a private entry elevator. 

For more information,

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A brand new dining and market complex in Jupiter will have a familiar face backing the investment. Joe Namath, the famous Super Bowl winning quarterback of the New York Jets, and developer Charles Modica make up the power duo behind "Charlie and Joe's at Love Street". 

The new complex will feature three restaurants and a seafood market and is set to open in January of 2021. The site will be a "sprawling hospitality hub that’s unlike any establishment around the inlet and some of the best views of that majestic lighthouse." according to the Palm Beach Post. Here is a breakdown of what’s to come at Love Street. 

Lucky Shuck - A true raw bar with a focus on seafood but will also feature a delicious tavern menu and a vast variety of craft and local

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 The National Association of Realtors held its Real Estate Forecast Summit where several experts weighed in on projections of what the market may look in 2021. The following predictions (re-posted verbatim to avoid miscommunication) are either from a survey of more than 20 housing and economy experts, or the Residential Outlook panel held during the Summit.  Palm Beach County properties will most likely follow the predictions.  It is best to discuss the specific area of interest with one of the Waterfront Properties real estate specialists, who are knowledgeable of the market.  

Real Estate Market Forecast predictions that emerged at the Summit:

1. “Housing prices will continue to rise — Experts anticipate that prices will increase by 8.8%

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Finance titan Goldman Sachs is on the move and Palm Beach County could very well be its final destination. It has been widely reported that Goldman Sachs will be moving an $8 billion dollar division of its company to the sunshine state.

The report comes after many major companies have fled the high taxes and clustered New York City work places, many of which have since set up in South Florida. Billionaire Paul Singer recently set up his $41 billion dollar hedge fund in West Palm Beach and fellow billionaire investor Carl Icahn recently made his move to Miami.

Florida offers plenty of obvious advantages for business looking for an escape from the Northeast, especially this time of year. The sunshine, sandy beaches and incomparable tropical lifestyle

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  On behalf of our entire family of staff and agents at Waterfront Properties and Club Communites, we wish to express our sincere thanks and gratitude to our clientele for putting faith in our proficiency in aiding their real estate tranasactions.   Kindest regards,   Rob Thomson    Waterfront Properties & Club Communities    
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Beautifully nestled in the heart of the Palm Beaches, Singer Island provides a unique sanctuary of unparalleled privacy and luxury. Between the soft sand beaches and the incomparable sunrises, just a few days on Singer Island will convert you into a permanent resident in a hurry. Here are a few reasons why Singer Island should be your new dream location for your new dream home! 

LOCATION

Located just North of Palm Beach Island, and just south of Jupiter Island and Juno Beach, Singer Island is just minutes from downtown West Palm Beach and the Palm Beach International Airport. While Singer Island residents are less than fifteen minutes away from the best shopping, dining, and entertainment in the area, Singer Island itself retains a comfortably

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The South Florida real estate market continues to garner national headlines as business expands into the condo market. For months, million-dillion single family home sales were surging and it seems like that surge has bled into the condo market in Palm Beach County. 

According to appraiser Miller Samuel Inc., in the last month, signed contracts for condos worth at least $1 million jumped 300% from a year earlier. Palm Beach County has become a popular escape for the Northeast city residents that are seeking less congested area's during the pandemic. Single-family homes continue to benefit from the influx of new residents, but the boost in the condo market has greatly increased as we head into the winter months up north. 

Palm Beach County offers

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The White Elephant Palm Beach will be opening on Nov. 4, 2020 on the site of the old Bradley Park Hotel on main street. The 32-room sister property of Nantucket's White Elephant will feature 19 suites, a u-shaped social pool and international inspired restaurant, Lola 41. 

Guests will be welcomed onto the property by a seven-foot white elephant statue by Santa Fe-based artist Fredrick Prescott. (A “sister” elephant statue, Trunket, is on the grounds of White Elephant in Nantucket. The statue is just one of 120 original pieces of modern and pop art curated by the owners and Elkus Manfredi.  

Guestrooms and suites range from 510 to 3,000 square feet, including the two penthouse suites which feature large living rooms, fully equipped kitchens and

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Since 2007 the legends of the game have made a stop in Boca Raton for the PGA TOUR Champions event at the Old Course at Broken Sound Golf Club. This year, the event will return to Broken Sound but not only take place in a month, it will also feature a brand new title sponsor. The TimberTech Championship will be played in front of a national TV audience the week of October 26 to November 1, 2020.

Since its inception, the newly named TimberTech Championship has raised over $2 million for local charities through the Boca Raton Champions Golf Charities (BRCGC), with the Boca Raton Regional Hospital serving as the primary charitable beneficiary.

World Golf Hall of Fame members Ernie Els and Phil Mickelson, as well as 2010 FedExCup Champion Jim Furyk,

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