Jupiter, FL Real Estate News

By Tom Priester, Paradise Sharks
(Paradise Sharks )
Jupiter Yacht Club unit goes under contract in 3 days The top end of the Jupiter real estate market continues to strengthen as the 2015-2016 season starts kicking into high gear. A unit in the Commodore building at the Jupiter Yacht Club hit the market on Wednesday at what seemed to be a lofty price but it appears to have been snapped up very quickly as well healed buyers scramble for properties in the best locations. The Commodore is the 4th of 5 buildings at the Jupiter Yacht Club, was built in 2005 and contains 33 units. When apartment #310 hit the market at $1,575,000 three days ago it looked to be priced a bit “ahead of the market”. After all, through our Multiple Listing Service, the highest closing price ever in the building sits at $1,363,750. The highest price ever in the 10 st...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
Tonight is the annual Palm Beach Holiday Boat Parade and Toys for Tots Drive. This event is a premier gift to the community benefiting Toys for Tots. Be sure to mark your calendar for Saturday, December 5, 2015.The parade will begin at 6:00 p.m. in North Palm Beach and travel north, up the Intracoastal Waterway led by a traveling fireworks display, to Jupiter. Tens of thousands of spectators will line our waterways to ring in the holidays in true Palm Beach tradition in celebrating the spirit of the season.Last year's Toys for Tots Drive generated close to 10,000 toys and everyone hopes to surpass that number in 2015 with the help of the community, sponsors, and volunteers.Please visit www.palmbeachboatparade.org for more information and details.Boat entry is free, and there is more tha...
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By Kathie Gartlan
(Illustrated Properties)
1401 Pointe Blvd, Jupiter, FlBreath taking sunsets , million dollar yacht's that's the view from this fourth floor unitTwo bedrooms, two baths with separate utility room and bonus room with a fun-tonLarge  open balcony with two siting areasLocated close to Jupiter Beaches, Juno Beach Pier, ishopping , restaurants and 20 minutes to West  Palm Beach International  air port.Owner would prefer to sale furnished offered at $359,000 
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Daily Hot Sheet of Top Real Estate News Trending Now Thursday, December 3, 2015   Fed chair ready to raise rates at own paceIt appears all but certain that the Fed will raise interest rates on Dec. 16 for the first time in eight years. But additional rate hikes are no longer a sure thing. Read more.Realtor.com 2016 housing forecast: Best since '06New construction and moderate existing-home gains will deliver a one-two punch that pushes 2016 sales to the highest level in 10 years, realtor.com predicts. Read more.Green home features increase value and marketabilityOut of the 100 largest U.S. cities, 79 MLSs now include green features. The next question: What are brokers doing to make sure green information is included? Read more.Some home renovations can raise tax billsIf a renovation inc...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Inventory levels up to 6 month highs Anyone looking to buy or sell real estate in and around the Jupiter area more than likely have a question about just what is going on. Some segments are doing very well with the best waterfront opportunities selling at record prices. We are seeing brand new record high sales prices in communities like Rialto and inventory in many communities near the beach is non existent. Many sellers are pricing their homes “ahead of the market”. Another record breaking “season” is already underway. Try and find a new single family home in the area for under $650,000. Good luck.Sounds like a major bull market, right? Wrong.Pending home sales have been down for 8 straight months. The median price of single family homes in the area fell from $431,000 to $395,000 over...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for October, 2015 for Palm Beach County Florida cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source The Realtors® Association of the Palm Beaches. Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida. Please feel free to call me for any of your real estate needs. Looking for daily updates on Palm Beach County events visit us on Facebook at t...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Winston Realty, Inc.)
Six Ways To Block Distractions At Your Work Place  The more productive you are at work, the more time you’ll have to pursue personal interests and take care of your other responsibilities. Nothing cuts into productivity like on-the-job distractions. Here's how to block them out. Take control of your email. A major consultant reports the average person spends 28% of the workweek reading, deleting, sorting, and sending emails. Yes, some emails need immediate response—“Can you come to the boss’s office right now?” But for most emails, it’s OK to respond in a few hours. Shooting back immediate responses limits your productivity big time. Instead, set aside specific times to check emails.Don’t be a slave to your phone. If you have a smart phone, apply the above email rules—plus, don’t answer...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Market poised for boost from seasonal visitors The last time we saw the median condo price increase in the Jupiter/Palm Beach Gardens area was way back in June. Sales have actually been quite strong when compared to the single family market but well priced inventory in good shape is hard to find.  As of November 15th, the median priced condo in the Jupiter area has pulled back to $200,000 from the $205,000 we sat at 30 days ago. Even tracking very short term trends we are not seeing any upward movement. The good news is we are still 5% above year ago numbers and appear to be holding at this threshold. Look for that to change in the coming months because if the snowbirds are going to buy prices should rise. The question is will they find units they want to buy and what are they willing t...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Are there brighter days ahead I have come to trust the numbers when it comes to real estate because they tell a story. They told me a story in 2005 when I told anyone who would listen to sell. They told me a story in 2011 when I told anyone who would listen to buy. I hate the fact that homes have become a commodity but they have. And the numbers can help you make wise decisions.   The numbers today are puzzling. Pending home sales have been dropping. Median prices have been dropping. Inventory levels have started to rise. Prices at new home communities are scary high. Sellers are putting price tags out there that are high. Look at one Jupiter town home community where sold prices over the past year have been between $306,500 and $335,000. There has been no inventory until this week when...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The United States Marine Corps traces their origins to the formation of the Continental Marines on November 10, 1775. Jupiter Inlet Lighthouse and Museum is proud to announce we now know the names of most of the 50+ Marines who were assigned to guard duty at Station J between fall 1942 and July 1945. (Only about a dozen were assigned here at one time.)James C. Baker, "Ham" Brenner, Charles Cowart, William B. Cunningham, Robert E. Davis, Joe V. English, Albert M. Evans, William Fields, Gordon Foole, Victor Freedlund, Ralph Gillespie, Merwin Graham, Flay Hallaway, Robert W. Hamilton, James B. Hankins, Vincent J. Henry, Edward Hillburn, Stanley Homewood, Joe Huddleston, Donald Kimball, Charles Kindt, Edward Kingan, Burton Knight, Loubert Lancaster, George Lassiter, Thelmore Ledford, Robert...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
Enjoy The Feast of Little Italy November 6th, 7th & 8th, Abacoa in JupiterAbacoa in Jupiter becomes Little Italy!Enjoy The Feast of Little Italy, Family Fun for 3 Days! A Cultural Journey Filled With Authentic Italian Food, Music, Art & Tradition!
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
 Median home price dips below $400,000 for the 1st time since April  Over the past 30 days the median single family home price in the Jupiter area has dipped 1.25% which isn’t a huge drop. But added to the 3 other straight declines we have seen since July 1st, prices have fallen back a total of 8.4%. The silver lining in this cloud is year over year prices are still 6.7% ahead of where we were in 2014.   Some feel the market has gotten ahead of itself and this is just the beginning of a more significant slide after 3 years of higher prices. Paradise Sharks watches these numbers closely to keep our clients informed as we feel educated decisions are the best decisions in any market. This isn’t 2005, not even close but you still want to be careful. When buying a home look for a property yo...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Jupiter area pending home sales drop for the 7th straight month  The real estate market here in the Northern Palm Beaches needs a jolt of energy. Pending home sales continue to decline and the median sales prices of both single family homes and condominiums have been moving lower. We expected slower sales during the summer months but the declines we have seen are stronger than we were expecting. With all signs pointing to increased traffic from our winter visitors things should start to get interesting.  As of November 1st, pending home sales dropped again in the Jupiter area. Over the past 2 weeks they have declined 5.75%. Compared to our October 1st numbers pending home sales have declined 4.7% and we are down a very significant 33% since this slide began back in April. If we are to s...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for September, 2015 for Palm Beach County cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source The Realtors® Association of the Palm Beaches. Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida. Please feel free to call me for any of your real estate needs. Looking for daily updates on Palm Beach County events visit us on Facebook at teameve...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
this is a no miss event if your in the area. November 6th, 7th & 8th, Abacoa in Jupiter becomes Little Italy! Enjoy The Feast of Little Italy, Family Fun for 3 Days! A Cultural Journey Filled With Authentic Italian Food, Music, Art & Tradition!
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Lowest mid-month levels since way back in January  Sure, some of it is seasonal. Some can be blamed on questionable inventory. But there is no doubt sales of resale homes in Jupiter and the surrounding areas continue to drop. Down 3.2% from one month ago and down over 30% from where we stood back in April. If there is any good news it is compared to last years numbers we are down only 1% and over the past two weeks we have actually seen a bit of an increase. One can sense something changing in the market but too early to put my finger on it. The equities markets have been volatile. Interest rates are dropping again. But the biggest news is our winter visitors are moving back into town and most signs point to another big season. Will they be writing real estate contracts still is the big...
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By Mike Nicklaus
(Golden Bear Realty, LLC)
Egret Landing is family-friendly community offering 650 Mediterranean-style homes perfect for families and alike. The community boasts a variety of amenities for its residents to enjoy. These include 7 tennis courts, a heated swimming pool, clubhouse, fitness center, basketball court, playground and boat storage for residents.
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By Mark Loewenberg, KW 561-214-0370
(KW of the Palm Beaches)
Ranch Colony is a wonderful gated community about 4 miles west of I-95 and the Turnpike in Jupiter, Florida. This community is comprised of a Golf neighborhood, A airplane fly in fly out neighborhood as well as two equestrian neighborhoods.. Ranch Estates which is an area of 20 acre homesites and Ranch Acres which is an area of 5 acre homesites.To view the available properties in Ranch Colony, visit: www.LiveRanchColony.com or call KW's Mark Loewenberg at 561-214-0370 If you are searching for other possible multi acre areas, visit www.MultiAcre.com or call Mark Loewenberg at 561-214-0370.
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By Mark Loewenberg, KW 561-214-0370
(KW of the Palm Beaches)
16840 113th Trail N, Jupiter, FL 33478Two Home On 2 Acres!Sold For 650,000! A wonderful and private country location featuring Two Single Family Homes and a 1,500 sq.ft. CBS Garage/Workshop on 2.5 Acres located in a quiet dead end street in Jupiter Farms. The main house is a two-story 3 bedroom 2 1/2 bath home with an open porch at the front and a screened porch at the back overlooking the pool and deck with 2,770 square feet under air and an attached 2-car garage. The guest house is a 2 bedroom 2 bathroom with office and an open porch at the front and a screened porch at the back with 1,595 square feet under air and includes driveway parking. This property could also generate significant rental income! Each has its own electric meter, their own wells, their own drain field and their ow...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The numbers are in for August, 2015 for Palm Beach County cities. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source The Realtors® Association of the Palm Beaches. Understanding that an educated buyer and seller when provided with the latest facts in our marketplace creates trust and develops relationships to make educated decisions when it comes to buying and selling real estate. I hope you enjoy the reports and look forward in discussing any questions that you might have in one of the most desirable real estate markets in Palm Beach County Florida. Please feel free to call me for any of your real estate needs. Looking for daily updates on Palm Beach County events visit us on Facebook at teamevergr...
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