South Florida Real Estate- Buying and Selling Homes in the Boca Raton Area

Tuesday, August 18, 2015

Local Concert Events in September 2015: Van Halen and Kelly Clarkson

Small venues offer the audience an opportunity to have a unique experience. Those who live in the Highland Beach area are afforded not only great ocean views, but also close proximity to intimate concert experiences. These are some of the main attractions for those who end up buying a home in the Highland Beach area.

Enjoy Van Halen on Tuesday, September 15th at the Cruzan Amphitheatre in West Palm Beach. The show will be followed up by Kelly Clarkson a few days later on Thursday, September 17th. The Amphitheatre is located at 601-7 Sansbury Way, West Palm Beach, FL 33411.

For more information, you can call 561-795-8883.

I take an analytical approach to buying, selling and leasing real estate. If you are thinking of selling or buying a home in Toscana in Highland Beach, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman

Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate
http://MYsouthFLrealestate.com

The greatest compliment you can give is the referral of your friends and loved ones

Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty

Case Shiller Home Price Index: May 2015: Home Prices Still Rising in Boca Raton and South Florida

With home prices continuing to climb in the Delray Beach area, it might make sense if you are thinking of selling your home to list it now. If you are expecting to purchase a home in the Boca Raton or Boynton Beach area, now could be a good time as prices continue to rise. Call me on my cell phone at 561-247-3550 in order to discuss your situation.

The price of homes in the US rose by about 4.8% in May 2015 over May 2014, according to the Case Shiller Home Price Index when looking at the 10-City and 20-City composite. The Case Shiller Index shows South Florida home prices increased by 8.0% on a year-over-year basis in May 2015.

David Blitzer, Managing Director and Chairman of the Index Committee stated, "as home prices continue rising, they are sending more upbeat signals than other housing market indicators." He continued, "nationally, single-family home price increases have settled into a steady 4%-5% annual pace following the double digit bubbly pattern of 2013. Over the next two years or so, the rate of home price increases is more likely to slow than accelerate. Prices are increasing about twice as fast as inflation or wages."

I found the comments on first time home buyers in the report to be interesting. David Blitzer said, "first time home buyers are the weak spot in the market. First time buyers provide the demand and liquidity that supports trading up by current home owners." He also quoted research by the New York Fed that pointed to "the size of mortgage down payments as a key factor". The press release stated, "mortgage rates are far less important to first time home buyers than down payments."

Measured from the peak in June/July 2006, the current decline is approximately 13%-15% off the top. Since the bottom in March 2012, the 10-City and 20-City composites have recovered, 32.5% and 33.5%, respectively.

Other areas of interest:

May-15	Monthly	Sequential	Annual
Metropolitan Area	Level	Change	Change

Boston	179.3	1.50%	2.20%

Chicago	130.81	1.30%	2.20%

Miami	200.07	0.80%	8.00%

Minneapolis	144.45	1.10%	3.00%

New York	177.4	1.00%	3.00%

Tampa	169.39	0.70%	6.40%

Composite 10	194	1.10%	4.70%

Composite 20	179.03	1.10%	4.90%

Source:
S&P Indices
Firserv

I take an analytical approach to buying, selling and leasing real estate. If you are thinking of selling or buying a home in Boca Lago in Boca Raton, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman

Tuesday, July 7, 2015

Mission Bay Community In Boca Raton, Florida Homes For Sale

The Mission Bay community in Boca Raton, Florida offers many amenities, such as exercise classes, exercise facility, tennis courts, playground, basketball courts, pool, etc. The West Boca Raton community offers single family homes and townhomes that are situated near shopping, beautiful parks and major roadways. Home sales have had an average increase of about 9.0% over the previous year. If you are thinking of selling your home in Mission Bay, please contact me as I closely follow what is happening in the community. I can offer you guidance throughout the process of selling your home in Boca Raton. I can be reached directly on my cell phone at 561-247-3550.

I take an analytical approach to buying, selling and leasing real estate. If you are thinking of selling or buying a home in Mission Bay in Boca Raton, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman

Monday, July 6, 2015

Dave Matthews Band Plays West Palm Beach In July: Concerts in Boca Raton Area

Fans of the Dave Matthews Band in the Boca Raton area can catch the band on July 31st and August 1st at the Cruzen Amphitheatre.

The concert venue is located at 601 Sansburys Way, West Palm Beach, FL 33411.

If you are thinking of buying a home in the Boca Raton area, let me know, I can help. You can reach me on my cell phone: 561-247-3550.

I take an analytical approach to buying, selling and leasing real estate. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman

Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty

Friday, July 3, 2015

Boca Raton, Florida Nightclub Featured Snoop Dogg at Grand Opening

Boca Raton and the surrounding areas offer many nightlife activities. You can join famous musicians in the Boca Raton area. The Blog is designed to highlight some of the notable events in the area and also provide insight to those looking at homes for sale in Boca Raton and those who are thinking of selling their Boca Raton home.

For those who think Boca Raton, Florida lacks a nightlife, think again.

Snoop Dogg, the singer/songwriter was at the grand opening of Sakred Nightclub and Lounge on the corner of Jog Road and Palmetto Park Road on June 23rd.

Earlier in the day Snoop Dogg was in Fort Lauderdale, Florida making an apperance for Cuca Fresca, which is an "organic artisanal cachaca" from Brazil, a distilled liquor made from sugar cane juice.

There is plenty to do in the South Florida area. If you want to buy a home in the Boca Raton area, I can help. I also assist those who want to sell a home in the Boca Raton area. Please contact me on my cell phone at 561-247-3550.

Thursday, July 2, 2015

Is the US Housing Market In A Bubble? How Will This Affect My Decision To Buy Or Sell My Home In The Boca Raton, Florida Area?

Is Boca Raton, Florida experiencing a housing "bubble?"I

n the previous two Case Shiller Home Price Index press releases, the commentary has surrounded around US home prices and future expectations. They seem to address the question of whether or not the US housing market is in a "bubble."

David Blitzer, Managing Director & Chairman of the Index Committee is quoted in the March 2015 press release, "I would describe this as a rebound in home prices, not bubble and not a reason to be fearful."

The March 2015 and April 2015 Case Shiller Home Price Index press releases offer some of the committee's rationale.

The March 2015 press release discussed price increases, but being at a "moderated" pace when compared with last year. Also, there is a discussion about home home prices in the US are increasing at a faster rate than per capital personal income or wages (3.1% and 2.2%, respectively), which suggests further "moderation" in home price gains. The idea is the pool of home buyers will narrow with price increases outpacing purchasing power.

To further their position, the March 2015 press release states, "consumer debt levels seem to be manageable." The implication is the consumer is not financially stretched beyond their limitations, suggesting this would not indicate a "bubble."

The April Case Shiller Home Price Index press release goes into consumer expectations in regards to housing. The press release reiterates the decelerating US home price increases and discussed a national survey published by the New York Fed. The survey showed consumers expected a 4.1% increase in both home prices and the cost to rent. The press release pointed out the expectation is below the annual price change of 4.9% since 1975. In addition, the press release pointed out the real, or inflation adjusted, price change since 1975 is 1.0% per year. The point, I believe, is that the expectation is at or below the long-term "norm," thus not projecting exuberant enthusiasm for the market.

What does this mean to a home buyer or home seller? Those that are buying and waiting for prices to sharply decrease, Case Shiller seems to make the argument that it is not likely. Those who are selling homes and are waiting for a huge price increase, Case Shiller seems to argue that also is not likely.

If you are thinking of selling your home or buying a home in the Boca Raton area, please call me on my cell phone at 561-247-3550.

I take an analytical approach to buying, selling and leasing real estate. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.

For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com

Michael Friedman

Case Shiller Home Price Index: April 2015: South Florida Home Prices Beat US Increase- Is Now A Good Time To Sell My Home In Delray Beach

The Case Shiller Home Price Index indicates US home prices rose by almost 5.0% in April 2015 over April 2014. We measure this by utilizing the Case Shiller 10- City Composite and the 20- City Composite.

In comparison to the US, South Florida home prices increased by 8.5% in April 2015 on a year-over-year basis, according to Case Shiller Index.

Sequentially, the South Florida market home price increased by 0.9%, approximately 10 basis points below the US as indicated by the Case Shiller 10- and 20- City Composite.

The US housing market price was similar to prices during autumn 2004, according the Case Shiller Index. US home prices remain at about 14% to 16% below the June/July 2006 peak, according to the Case Shiller Index. When measuring from the March 2012 low, US home prices have appreciated by about 31% to 32%.

Other areas of interest:

Apr-15	Monthly	Sequential	Annual
Metropolitan Area	Level	Change	Change

Boston	176.69	0.30%	1.80%

Chicago	129.15	1.10%	2.50%

Miami	198.51	0.90%	8.50%

Minneapolis	142.78	1.20%	3.20%

New York	175.5	0.50%	2.80%

Tampa	168.48	0.80%	7.60%

Composite 10	191.8	1.00%	4.60%

Composite 20	177.01	1.10%	4.90%

Source:
S&P Indices
Firserv

If you are selling your home in the Delray Beach area, indications are it could be a favorable time. Please contact me on my cell phone at 561-247-3550 for more information.

South Florida Real Estate- Buying and Selling Homes in the Boca Raton Area

Tuesday, August 18, 2015

Local Concert Events in September 2015: Van Halen and Kelly Clarkson

I take an analytical approach to buying, selling and leasing real estate. If you are thinking of selling or buying a home in Toscana in Highland Beach, please feel free text me or call me at 561-247-3550.

Case Shiller Home Price Index: May 2015: Home Prices Still Rising in Boca Raton and South Florida

I take an analytical approach to buying, selling and leasing real estate. If you are thinking of selling or buying a home in Boca Lago in Boca Raton, please feel free text me or call me at 561-247-3550.

Tuesday, July 7, 2015

Mission Bay Community In Boca Raton, Florida Homes For Sale

I take an analytical approach to buying, selling and leasing real estate. If you are thinking of selling or buying a home in Mission Bay in Boca Raton, please feel free text me or call me at 561-247-3550.

Monday, July 6, 2015

Dave Matthews Band Plays West Palm Beach In July: Concerts in Boca Raton Area

Fans of the Dave Matthews Band in the Boca Raton area can catch the band on July 31st and August 1st at the Cruzen Amphitheatre.

The concert venue is located at 601 Sansburys Way, West Palm Beach, FL 33411.

If you are thinking of buying a home in the Boca Raton area, let me know, I can help. You can reach me on my cell phone: 561-247-3550.

Friday, July 3, 2015

Boca Raton, Florida Nightclub Featured Snoop Dogg at Grand Opening

Thursday, July 2, 2015

Is the US Housing Market In A Bubble? How Will This Affect My Decision To Buy Or Sell My Home In The Boca Raton, Florida Area?

Is Boca Raton, Florida experiencing a housing "bubble?"I

Case Shiller Home Price Index: April 2015: South Florida Home Prices Beat US Increase- Is Now A Good Time To Sell My Home In Delray Beach

Pages

Search This Blog

Followers

Blog Archive

About Me