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Delray Beach, FL Real Estate News

By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
Delray Beach Green Market Where: Old School Square Park, NE 2nd Ave (1/2 block north of Atlantic Ave) Delray BeachHours: Every Saturday 9:00 am - 2:00 pm What: Green Market Cost: Free  Specializing in Locally Grown Foods, Bakery Products, Specialty Items  It's wintertime and season in south Florida and along with that comes the Delray Beach Green Market. This is a great place to stop on Saturday mornings. The Delray Green Market has over 65 vendors featuring locally-grown foods, plants, specialty items, seafood, bakery products, prepared foods, home grown produce, soups, pastas, cheese, organic doggie treats,  fresh juices and more.   I think Tweedle's Pet Products are great!  I can't speak for the other vendors, but I know Dr. Nelson and Tweedle for years, and they get my vote.  Everyt...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
If you have recently bought, updated, remodeled or sold Delray Beach homes for sale, then you should know that your taxes will be affected. Real estate taxes don’t have to work against you if you know what to look for when filing your 2015 tax return.Home owners need to remember that there are several different real estate tax related benefits to owning a home, and they need to take full advantage of them all, if possible. Since we are moving into tax season, we thought we might put together a little update and links to the appropriate source on where you can find what is currently available and what you might qualify for and give yourself a (tax) break this year.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Florida’s housing market reported rising median prices, fewer all-cash closed sales and a tight inventory of for-sale homes in January, including properties listed on the Delray Beach real estate rolls, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 16,529 last month, up 2.7 percent over the January 2015 figure.“Florida’s housing market remains on a steady path,” said 2016 Florida Realtors® President Matey H. Veissi. “While inventory levels are tight, the months’ supply of homes for sale remains stable and distressed property sales continue to fall. The current market offers a great opportunity for sellers, who are getting nearly 94 percent (for existing single-family homes) of their asking price at the closing t...
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
Tweedle's Pet Products - Healthy Gourmet Dog & Cat Treats Delray Beach  Where: Delray Beach Green Market and OnlineHours: Saturdays 9:00 to 2:00What: Raw, Dehydrated, Gluten-Free freshly baked Gourmet Natural and Organic Training Treats and RewardsContact: tweedlepetproducts.com or 561-859-1331 Specializing in Raw Dehydrated, Gluten Free freshly baked Gourmet Natural and Organic Training Treats and RewardsAnyone who knows me knows I am crazy about my dogs and always looking for ways to keep them healthy.  By chance I met Dr. Stacey Nelson a few years ago, a family therapist, motivational trainer and consultant in Boca Raton and the owner of Tweedle's Pet Products.  I had done a post on the Delray Green Market where Stacey has a booth but, unfortunately, I missed her that day.  She conta...
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In modern business almost everything is run on some sort of digital system. While the technology revolution has allowed many small businesses to compete, it has also opened a large demand for talented IT professionals that know how to manage your business network smartly. This is why hiring IT support professionals can be so crucial to your business. An IT professional will be your best resource to ensure that your systems are protected and working smoothly and efficiently. Plus, an IT professional will be able to troubleshoot, update and protect your servers and desktops from malware and other data intrusions.Here are 5 benefits of hiring IT support professionals for your business. Keep your servers updated. There is a good chance that your business runs on a central server network. Th...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Interested in buying Delray Beach real estate property in a 55+ community? Now may be the perfect time for you to do it. Recently, there has been a surge of properties listed for sale in age restricted communities. Some of this newly available inventory may be coming from Canadian snowbirds who are trying to counterbalance their currency exchange rate with the U.S. dollar.  Since many retired Canadians spend their winters in Florida, the drop in value of their country’s dollar is ending up costing them more than they may have bargained for a few years ago. Learn more about this new real estate situation that is happening in communities all over Florida at Berkshire Hathaway HomeServices Florida Realty. 
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
Dog Parks in Delray Beach FL  DOGS NEED TO HAVE FUN hinking of buying a pet-friendly home in Delray Beach FL but wondering where to take Max or Coco to run off some of that energy, get some exercise and have some fun?   To Delray Beach's very own Lake Ida Dog Park.   Located just east of 95, the Lake Ida Dog Park is a place for our dog friends to have some fun.  And why not?  LAKE IDA PARK The dog park is part of beautiful Lake Ida Park set on 189 acres in Delray Beach FL.  In addition to its dog park, the park offers 2 miles of bicycle paths, 2 miles of walking paths, freshwater fishing, pier, pavilions and picnic areas with grills, 2 boat launching ramps, canoeing/kayaking access, 9600' lake frontage, lake observation platform, volleyball, water skiing and a children's play area.   Th...
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By Pam Orzan Broker, Owner, Selling Delray, Boca Raton, & Boynton Beach
(Coastal Living South Florida Real Estate)
5 Real Estate Trends That Will Effect 2016 According to Realtor.com, 2016 is on track to be a great year in real estate. With economic growth moving, employment will continue to increase, meaning that people will have more money coming in and they’ll be able to buy their first home or upgrade to a new one.Here’s a closer look at the trends that will have the greatest impact on the housing market in 2016. 1. The market will return to "normal". This is not a bad thing, it's actually a stabilization of home prices that had been booming and dropping for the past 15 years. We will no longer have a market filled with distress sales, and prices will rise at a more normal and reasonable pace.2. Generation changes will make 2016 a good year to sell. Millennials are becoming a dominant force in t...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
The Daily Hot Sheet Of Top Real Estate News Trending Now January 13, 2016  Great American Realtor Days kicks offRealtors from across Fla. are in Tallahassee for Great American Realtor Days (GARD), which wraps up Wednesday. Read more.Realtor association arbitration award affirmedNAR's arbitration process is legally sound, according to Maine's superior court - and it's not easy to change an arbitration decision after the fact. Read more.NAR predicts modest home sale increases in 2016After a record-breaking 2015, 2016 will see "a more moderate pace as pent-up buyer demand combats affordability pressures," according to NAR's latest forecast. Read more.Rent hikes stress single-family rentersInvestment owners of single-family homes may find it more difficult to increase monthly rents even tho...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
 The Quick Federal Reserve Update...12/16/15 The Federal Reserve voted unanimously on Wednesday to raise interest rates by a quarter point, marking the first increase in more than nine years.  The bank raised its fed funds rate to a range of 0.25% to 0.5%, ending an unprecedented seven-year run of near-zero interest rates. The vote was 10-0.  The board of directors also raised the discount rate to 1% from 0.75%. Looking ahead, the Fed said it will "carefully'monitor" actual inflation in light of 'current shortfall."  And given current economic conditions, the bank said interest rates are only likely to increase in a "gradual" manner, ending up at a long-run target of 3.5%. That was unchanged from its September forecast.Source: The Wall Street Journal
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
INFO THATS HAPPENING THIS WEEK 11/30 - 12/6 & Beyond  Some reporters tried to make October's 3.4% drop in Existing Home Sales into evidence that the housing recovery has firmly changed direction. Perhaps it is they who were uninformed.  October may have been down, but the 5.36 million unit annual rate puts Existing Homes Sales up 3.9% over a year ago.  Housing data can be volatile from month to month and many observers expect sales growth to return next month. A supply shortage was part of the problem, as total inventory was down 2.3% at the end of October.  Is it time to make a move?  But the median price was up 5.8% over a year ago, the 44th straight month of price gains, which should draw more sellers into the market. We did get nice headline numbers on the new homes front. New singl...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
Daily Hot Sheet Of Top Real Estate News Trending Now Thursday, November 12, 2015  Fla.'s housing market: Sales, prices up in 3QFlorida Realtors: Single-family sales up 14.7% year-to-year, median price up 9.8%. Condo sales up 8.9%, price up 7.9%. NAR: Best quarter in nearly a decade. Read more.New Fla. foreclosure starts increase 13% in Oct.RealtyTrac: The total number of Fla. homes within the foreclosure process rose 8% in Oct. but fell 23% year-to-year. The state gained 113% more REOs than No. 2 Calif. Read more.Federal Reserve: 'Strong case' for rate hikeA member of the Federal Reserve Board said it out loud: There's a "very strong case" for a Dec. interest rate increase that would have an impact mortgage rates. Read more.Debunking ad blocking's big mythsAdvertise online or through sm...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
Daily Hot Sheet of Top Real Estate News Trending Now Friday, November 6, 2015   Governor proposes 1% reduction in business rent taxGov. Rick Scott told state Realtors yesterday that his budget proposal includes a business rent tax cut - a Florida Realtors' goal for several years. Read more.NAR-RPR 'game changing' pact simplifies data entryUpstream - a broker-driven plan to create a master database that feeds MLSs and websites - could begin beta tests in early 2016 under an agreement announced yesterday. Read more.30-year mortgage rates jump to 3.87%Average FRMs rose sharply this week amid growing expectations that the Federal Reserve may soon raise its key short-term interest rate. Read more.Homeowner can fight government plan to seize landReal estate Q&A: The government told homeowners...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
Daily Hot Sheet Of Top Real Estate News Trending Now  Friday, October 23, 2015   Most Fla. real estate brokers pumped about futureLatest Fla. "Profile of Real Estate Firms" finds 75% expect higher profits over two years; 48% are recruiting agents and 43% expect online competition to heat up. Read more.Flipping houses popular againThe quick buy-sell deals almost disappeared during the recession, but they're back. Fla. now has all seven of the nation's top markets for home flipping. Read more.39% of second appraisals differ from earlier onesStudy: Second appraisals that conflict with a first appraisal's quality or condition ratings caused a number of mortgage underwriting delays in 3Q 2015. Read more.Average rate on 30-year mortgage falls to 3.79%The average rate on a 30-year FRM declined...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
Daily Hot Sheet Of Top Real Estate News Trending Now  Tuesday, October 20, 2015   Want to fly a drone? Register it firstThe FAA can't tell who owns a crashed drone - but that will change. They're working out the details but hope to move quickly toward mandatory registration. Read more.Apartments drive home construction gains in Sept.Housing starts rose 6.5% last month, though the lion's share came from multifamily units, which surged 17%. However, the number of U.S. building permits fell. Read more.Millennials vs. baby boomers in condo market?Each day, about 5,000 boomers decide to downsize. In the competition for multifamily units, that pits their deep pockets against first-timers new to the market. Read more.Homeowners trump renters in wealthRent vs. own financial discussions assume t...
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By Mike Nicklaus
(Golden Bear Realty, LLC)
Characterized by its bright colors and charming awnings; Pineapple Grove Village is ideal for retirees, families, young couples and alike. The community is located near to many attractions and conveniences of the downtown area as well as art galleries, unique shops, antique stores and a variety of restaurants. The Delray Tennis center is also just minutes away.
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By Pam Orzan Broker, Owner, Selling Delray, Boca Raton, & Boynton Beach
(Coastal Living South Florida Real Estate)
Know What Changed About Homebuying~TRID Is Here! Major changes are in effect for home buyers purchasing homes and obtaining mortgages. Cash buyers, this is not for you. The new "Truth-in-Lending RESPA Integrated Disclosure" Rule ("TRID") went into effect October 3, 2015.Due to these changes, mortgage companies will be more accountable for getting and giving information to the buyer. Those quick closings (30 days with 20 day commitments) are in the past. The lenders must follow many new rules, and new loan processing could take more time than it did in the past. Additionally, buyers should be advised that requested changes or underwriting decisions made late in the transaction could delay the closing.The Realtors should be scheduling inspections, title work and walk through inspections e...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
The Daily Hot Sheet Of Top Real Estate News Trending Now   Tuesday, September 22, 2015 TODAY'S TOP STORIESBy 2025, 13M will pay 50% of income for housingHarvard study: Rising rents will force many people - notably older adults, Hispanics and singles - to spend 50% of monthly income on rent within 10 years. Read more.U.S. consumer bureau lists mortgage complaintsThe consumer watchdog says mortgage complaints continue to top its list. They include problems with foreclosures, transferred loans and specific lender issues. Read more.Study: No home sale impact from new school ratingsResearch from Cornell and Michigan State U. found that the controversial "value-added" method to evaluate schools doesn't appear to influence property values. Read more.DBPR secretary offers help to Fla. HOAsKen L...
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By Mike Nicklaus
(Golden Bear Realty, LLC)
Offering elegant townhouses featuring two- to three-bedroom homes; Delray Sebastian is ideal for small families and alike. Residents here enjoy easy access to the Atlantic Avenue as well as a variety of restaurants, shops, entertainment and recreational opportunities.
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
The Daily Hot Sheet Of Top Real Estate News Trending Now  Friday, September 18, 2015  TODAY'S TOP STORIESWhat should homebuyers know about Oct. 3 changes?The closing process changes in 2 weeks, and buyers will face updated disclosures and new rules. A just-released CFPB toolkit can help get them up to speed. Read more.Study: Right now it's better to buy a home than rentA housing market index produced by FAU and FIU finds buyers in most metros accumulate wealth faster than renters - but there's no longer a big difference. Read more.Mortgage bankers' prediction: A 2016 sellers marketA survey of independent mortgage lenders found that 60% predict a 2016 sellers market, and 89% think that interest rate increases won't have a big impact. Read more.Average rate on 30-year mortgage rises to 3....
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