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Boca Raton, FL Real Estate News

By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
This post is a follow up to Andrea Sweidler's post Honey Let's Not Use a Realtor. It is courtesy of Florida Realtors and explains to buyers and sellers 29 Ways It Pays To Work With a Realtor® .  I think buyers and sellers do themselves a disservice by trying to go it alone.  Please read the chart.  Makes sense, don't you agree? For information about pet-friendly housing in Boca Raton FL and Boca Raton Real Estate, please contact me. I am a Boca Raton Real Estate Agent.  I can be reached at (561) 716-7824 by text, cell or email at Elyse@ElyseBerman.com. All information deemed accurate but not guaranteed or warranted.   
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
 The Daily (081816) Hot Sheet Of Top Real Estate News Trending Now  Freddie Mac lowers mortgage rate predictionsMortgage experts have long predicted rates would increase "soon," but once again they appear wrong. Freddie now says low rates may be around for a while. Read more. Appraisers, 10 associations oppose PACE loan changesAlong with NAR, the Appraisal Institute objects to the energy-efficient program's costs taking precedence over the mortgage debt on FHA- and VA-backed loans. Read more. Buyers want to build a home? It'll take 7 monthsCensus Bureau: In the U.S. region that includes Fla., it takes about six months to build a new home plus 27 days for a permit to clear after contract signing. Read more.What do you do if floodwater rises unexpectedly?The floods in Louisiana came witho...
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
Pet Friendly Homes in Boca Raton FL and Pet Restrictions Here is yet another reason why it's pet-friendly housing in Boca Raton FL can be hard to find.  This recently happened in a gated community that allows two dogs up to 25 lbs.  A letter came from the management company and HOA, along with a form, demanding you fill in information regarding your pets. The form had to be returned  within two weeks. The letter asked how many pets you have, what are their breeds and how much do they weigh.  Now, there are people whose pets are over 25 lbs - we all know that.  We see them walking in the neighborhood.  Do they bother anyone?  No.  There are no "aggressive breeds" in this particular community (that I know of.)  The letter went on to say, that if management or the HOA thinks your pet is ov...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Anyone who lives in South Florida will tell you that once you are here, you will never want to leave! From the beaches and entertainment to the shopping and restaurants, there is so much to do and enjoy in this area of the country.  However, if you have never lived in South Florida, there are some differences between the various cities. Each city has its own individual personality and the cost of living can be different, for instance between Boca Raton luxury homes  and Coral Gables luxury homes.  Not all South Florida cities are the same. Read more about them and why cost-of-living calculations are important before anyone chooses to make a move.
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
Home Prices in Boca Raton FL for July 2016 Real estate market data for Boca Raton, FL provided by Elyse Berman of Realty Associates Florida Properties. Boca Raton Home Prices If you are interested in how much current inventory is on the market in Boca Raton you can find that information by clicking on the link. Low inventory suggests that homes are not sitting on the market for very long, That is the market we are in. Low inventory in Boca Raton on has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.    Boc...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
The Daily (081116) Hot Sheet Of The Top Real Estate News Trending Now  What is 'prompt' notification of insurance claims?A condo landlord didn't discover mold for three years, so Citizens denied her claim. But a court ruling says "prompt" notification can't be a hard-and-fast rule. Read more.Miami condo prices fall - first time in 5 yearsA bubble hasn't burst, but housing supply and demand seem to be stabilizing. Miami has also been impacted by a decline in the number of international buyers and an uptick in new condo projects. Read more.Consumers love looking for homes onlineGoogle study: Americans spend an average of 55 minutes per online visit with real estate apps on their phones; 1 in 5 are actually in the market to buy a home. Read more.Renovation ideas owners may want to rethinkF...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
A Word to the Wise...Purchase TipAs anyone knows cars are an extension of who we are, or at least to some. Getting rid of a vehicle is no easy chore either. That being said timing is everything, especially when a home loan is involved. Take heed to this lesson  and make sure a car doesn’t trump your purchase.  
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Boca Raton luxury homes may become even more attractive to those Americans 55 years old and older. A recent survey conducted by Freddie Mac offers an interesting insight into American who will be entering retirement age in the next few years. Research conducted on Americans 55 years and older looked into their current and future housing preferences, which provides some excellent information of realtors who will be seeing more of these home buyers in the future.  These results point to the fact that close to 40 percent of respondents expect to move at least one more time and cited a list of factors on what they will be looking for when they move into their next property. Find out more.
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
As I've been saying for years, pet-friendly housing in Boca Raton FL and surrounding areas can be hard to find.  Here it is from Florida Realtors this morning.  If you are thinking of buying a home with your beloved pets, please read this article from Florida Realtors.  
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Summer is here and owners of Boca Raton luxury homes could be sitting in properties that are super-hot - summer heat hot, that is.This year’s temperatures are hovering in the mid-90s with the heat index ranging in the low 100s. Rather than turning down air conditioning systems all across Boca Raton neighborhoods, there are some other ways that homeowners can save themselves money and energy costs. Learn what you can do to stay cool this summer in your Boca Raton real estate without breaking the bank by incorporating 10 easy methods that will buffer you and your home from the heat!
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
Only in Boca or do they have 24-hour dry cleaners elsewhere? Inquring minds want to know!    
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
 Home Prices in Boca Raton FL for June 2016  Real estate market data for Boca Raton, FL provided by Elyse Berman of Realty Associates Florida Properties.  Boca Raton Home Prices We continue to see higher prices on home prices in Boca Raton FL and don’t expect things to slow down anytime soon. There was a slight dip in closed sales on condos this month, but houses went up again.  If you are considering buying a home you can still find deals on a house in Boca Raton, but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long. Many of our listings are selling within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
PROPERTY OWNERS... Have You Fallen Behind on Your Mortgage Payments?If you would like to stay in your home and have fallen behind on payments due to a short-term financial setback such as an unexpected expense or a temporary loss of income:                 A Forbearance allows you to suspend payments for a specified time period. At the specified period, the missed payments are either repaid in full or added on as an extension to the term of the loan. A Repayment Plan is similar to forbearance, although the past-due loan amount is spread out over a specified time frame, increasing the existing mortgage payment until the mortgage is brought back up to date. If you would like to stay in your home and have fallen behind on payments due to a long-term financial setback such as a job loss or ...
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
Pet Friendly Dining in Boca Raton FLBy: Ryan Boylston Publisher, Delray Newspaper, Dinner Gone to the Dogs, June 1, 2016 She’s the one you can’t wait to come home to after a long day. Snuggling on the couch watching sitcoms with her is the best thing in the world. Her love for you is unconditional, and she’s never ashamed to show it. So, why not take her out for a nice steak dinner? There is one problem, however. This special lady in your life isn’t your wife or girlfriend… …She’s your dog.  This tends to complicate going out a bit. Where can you take your beloved pet out to dinner without, at the very least, getting a few upturned noses or raised eyebrows? Fortunately, South Florida is a decidedly pet friendly locale, with our mild climate allowing for plenty of year-round outdoor dini...
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
First impressions are something you can never get back. When taking potential home buyers to look at Boca Raton luxury homes, Orlando, or anywhere else, you know as a real estate professional that the minute you drive up to the curb an impression is made. This imprint will stay with them no matter what excuse you give for an unkempt front yard.This is why when representing sellers of Boca Raton real estate, we’ve got to impress on them the fact that they can boost their home's value by up to 12% if the lawn and landscaping are well-groomed. For more advice on this type of curb appeal, visit Berkshire Hathaway HomeServices Florida Realty.
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By Rei Mesa
(Berkshire Hathaway HomeServices Florida Realty)
Builders are excited to see an increased interest in Boca Raton luxury homes and other markets, as numbers across the country reflect an optimistic view when it comes to the real estate market.Housing starts held steady in May and permits were up, as developers and builders are experiencing an improving market, data shows. Insiders are seeing home buyers more ready and willing to make an investment in a new home purchase, which is giving builders a green light in taking on more new construction.Read more about the data recently released from the U.S. Department of Housing and Urban Development and the Commerce Department at the Berkshire Hathaway HomeServices Florida Realty.
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
 Home Prices in Boca Raton FL for May 2016  Real estate market data for Boca Raton, FL provided by Elyse Berman of Realty Associates Florida Properties.  Boca Raton Home Prices We continue to see higher prices on home prices in Boca Raton FL and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Boca Raton, but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long. Many of our listings are selling within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Boca Raton home  on...
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
 The Daily (060916) Hot Sheet of Top Real Estate News Trending Now   Truth-in-lending disclosure to be tweaked in JulyNew lending disclosures went into effect last year. Since then, CFPB informally solved issues as they came up and now plans to make some changes official. Read more. Is tight credit another reason for fewer listings?Before the recession, many owners vulnerable to foreclosure chose to sell instead, but fewer feel threatened due to tighter lending standards. Another concern: Higher mortgage rates could convince more owners with low rates to hunker down. Read more. New homes are bigger than everCensus Bureau: According to its 2015 survey, the median size of a single-family home was 2,467 square feet thanks mainly to bigger bedrooms and bathrooms. Read more.Real Estate Round...
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By Elyse Berman, PA, Boca Raton FL (561) 716-7824
(LoKation Real Estate)
Elyse Berman, Realtor, Has Been Awarded the CRS Designation   On May 26, 2016, Elyse Berman, was awarded the prestigious Certified Residential Specialist (CRS) Designation by the Council of Residential Specialists, the largest not-for-profit affiliate of the National Association of REALTORS®. REALTORS® who receive the CRS Designation have completed advanced professional training and demonstrated outstanding professional achievement in residential real estate.  Only 29,000 REALTORS® nationwide have earned the credential. Home buyers and sellers can be assured that CRS Designees subscribe to the strict REALTOR® code of ethics, have been trained to use the latest tactics and technologies, and are specialists in helping clients maximize profits and minimize costs when buying or selling a ho...
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