Jupiter Lighthouse

CoreLogic (NYSE: CLGX) a leading provider of information, business services and analytics released its October 2012 report comparing it to October 2011.  It noted home prices nationwide, including distressed sales, increased on a year over year basis by 6.3 percent.  This change signifies the biggest increase since June of 2006.  It is also the eighth consecutive increase in home prices nationally on a year-by-year basis. www.corelogic.com

Anand Nallathambi, President and CEO of CoreLogic, stated, “We are seeing an ongoing strengthening of the residential housing market. Reduced inventories and improving buyer demand are contributing to stability and growth in home prices which is essential to the long term health of the housing market and the…

7333 Views, 0 Comments

Read Full Post

Building Up!

Last year Warren Buffet predicted, we will come back big time on employment when residential construction comes back.” According to the H.U.D. and U.S. Census Bureau there was a 5.7% increase in the number of newly built single-family homes in the United States.  This is the fastest pace since April of 2010, when first time homebuyers hurried to take advantage first time homebuyer tax credit opportunities.

Hovnanian CEO, Ara Hovnanian told NBC, “We are undoubtedly on the recovery route.  It is not a question of are we beginning it.  I’d say it began at the beginning of the year and that’s not just for Hovnanian, that’s for the entire industry.”  Hovnanian noted net sales for the ten public homebuilders have increased 30% year over year.  Barry…

7518 Views, 0 Comments

Read Full Post

 Housing Prices Are Up 8%

South Florida home values were up nearly 8% in the third quarter of the year from the same time in 2011!  They are expected to outperform the national price hikes through 2013 according to the online real estate firm Zillow (www.zillow.com) . Three counties in Florida (Palm Beach, Broward, and Miami-Dade) are forecasted to experience a 3.8 percent rise in value over the next year compared to a national increase of 1.7 percent, as reported by Zillow on October 23, 2012.  

Zillow is a Seattle base real estate analysis firm which released its third quarter home value report which included South Florida.

Any inquiries you may have about the current state of the real estate market in the Loxahatchee Riverfront, Jupiter Island, Abacoa, or any of the…

8152 Views, 0 Comments

Read Full Post

istock_000016641783xsmall_copy_425

If you have had the privilege to own a piece of south Florida real estate, then you can attest to its superiority!  When you purchase a home in south Florida, whether it is Palm Beach, Hutchinson Island or Miami, you expose yourself to a better quality of life. Floridians have a way of enjoying the fun things in life, but who wouldn’t when you live in a year round paradise? With 6-month summers and cool winters, south Florida’s beaches are accessible all year. World class shopping, impeccable dining and five star restaurants are a plenty. Entertainment options are unlimited; you can see miles from the top of the famous Jupiter Lighthouse or go deep-sea fishing. If art is more your thing, there are wonderful museums from Palm Beach to the Keys,…

8061 Views, 0 Comments

Read Full Post

image_446 

The 2010 Tax Relief Act extends through December 31, 2012 and the extended “Bush” tax rate cut revert to previous levels in 2013.  President Obama recently proposed additional tax changes for 2013.  

The 2010 Tax Relief Act also maintained “the reduced maximum capital gains rate of 15% on adjusted net capital gain on noncorporate taxpayers (for regular tax and AMT purposes) and 0%  capital gains rate on adjusted  net capital gain of noncorporate taxpayers in the 10% or 15% income tax bracket.”  The favorable taxation of qualified dividends received by individuals, trusts or estates at capital gain rates was also extended through 2012. 

Without any further legislation, the individual income tax rates will revert to 15, 25, 28, 36 and 39.6 percent. …

12065 Views, 0 Comments

Read Full Post

TIGER WOODS, ROBERT ALLENBY, and KEEGAN BRADLEY…

ALL LIVE HERE

Jupiter- A Golfer's Paradise 

 JUPITER, FLORIDA

When trying to decide where to live in Florida it really isn’t that difficult of a decision.   Consider that people who can afford to live anywhere in the world decide on Jupiter, Florida to call home!  The list of notable celebrities is a very long list including professional golfers to world renowned performers, and everyone successful in between.  

They have discovered the realties of living in Southeast Florida include over 1,250 golf courses in Florida, that’s more than any other state.   There are over 100 major hotels and resorts to serve them.  Many of Florida’s top golf courses are ranked among the best in the world and maintained to championship…

11760 Views, 0 Comments

Read Full Post

Abacoa of Jupiter

15 UNIQUE COMMUNITIES 

WITHIN ONE CENTRAL 

LOCATION IS

 ABACOA

Located in the highly sought after area of Jupiter, Florida is the upscale development known as Abacoa.  The Abacoa development encompasses over 2,055 acres of centrally located pristine real estate comprised of single family homes, condominiums, and townhomes for sale and rent.  Families, business leaders and professional athletes have relocated to Abacoa for its unparalleled quality of life, the championship golf courses, exceptional restaurants, and leisure activities. Abacoa Town Center hosts weekly and annual events such as ArtiGras, the Feast of Little Italy, and live concerts in the outdoor amphitheater.   Roger Dean Baseball Stadium hosts minor league baseball for the…

8442 Views, 0 Comments

Read Full Post

wf_turtle__512

Relying on one of the top expert Realtors at Waterfront Properties and Club Communities is an intelligent decision.  Real estate transactions involve one of the biggest financial investments most people occur in their life.  The real estate professionals at Waterfront Properties and Club Communities are held to a high standard of ethics and expected to maintain an expertise level of knowledge of buying and selling in the area of their specialty.

The Waterfront Properties agent can help you establish “your buying power”.   This means, your savings, plus the agent will refer you to lenders best qualified to assist you in your mortgage needs, if necessary.  The Waterfront agent will negotiate a multitude of factors, including but not limited to, price,…

6338 Views, 0 Comments

Read Full Post

the_thousand_342_01

# 4 in FLORIDA 

# 26 in the UNITED STATES

 according to the

WALL STREET JOURNAL and REAL Trends, Inc.

“The 2012 Top 1,000 Real Estate Professionals”

 

 Rob Thomson, Managing Partner, of Waterfront Properties and Club Communities continues to achieve success in the Jupiter, Florida waterfront and luxury residential housing market according to the recently released rankings of the Wall Street Journal and Real Trends, Inc. top real estate professionals. The rankings reflect a forward momentum and a powerful year of growth in real estate transactions.  

With $112,463,500 dollars in closed volume, Rob once again dominated the Jupiter and Tequesta waterfront area with the support of his professional team and staff.  He noted that…

7168 Views, 0 Comments

Read Full Post

istock_000013528403xsmall_347

You’ve started looking for your dream home and before you go any further it’s time to get real.  Cash, currency, or funds, call it what you will at the end of the day it’s all the same … MONEY!  You’re going to need it to purchase this dream home.  Assuming you are not paying cash, the first step is to get pre-qualified for a mortgage.

Why get pre-qualified for a mortgage?  It will give you a guideline as to how much you can afford.  The vast majority of sellers will not entertain an offer unless the buyer is pre-qualified or a cash offer.  It will also let you, as a buyer, know how much you need as a down payment and give you an estimate of closing costs. 

Bud Kline, Mortgage Consultant, with FBC Mortgage LLC can assist you with all your mortgage…

6912 Views, 0 Comments

Read Full Post