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Juno Beach, FL Real Estate News

By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
Juno Beach housing sales remain strong in October. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source. 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,
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Home Inventory in Juno Beach Up 4.5% in October Anyone who has been out looking for their perfect home can tell you that home inventory in Juno Beach and the surrounding communities isn’t anything to shout about. After significant drops in total inventory over the first seven months of this year we have seen a shift. Inventories have been stagnant with a slight pressure to the upside and each month at this time we want to bring our readers the latest numbers as it effects home prices for everyone. With inventory low sellers have started to price their homes at higher levels and either buyers are not convinced it is time to chase a property at a level that may not appraise or demand has retracted. Even banks are getting into the practice of overpricing their REO listings and in some pric...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Juno Beach Home Inventory Unchanged in September As we continue to see struggles in the overall economy, real estate sales have remained strong with inventory remaining the #1 concern among buyers hoping to find the perfect home now that prices have finally started to move higher. The lack of quality, well priced homes is more than just talk, it is a real problem for local Realtors® trying to assist their clients in today’s market. Many economists are afraid the strength in the real estate sector is not spreading to other segments of the economy. With only 29 days left until the election the next administration will have it’s hands full stimulating things with job creation a big concern. There is no doubt that if other segments of the economy do not start seeing improvement that the rob...
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By Waterfront Properties
(Waterfront Properties & Club Communities)
Found in Juno Beach, Florida are 45 charming condos that comprise Seminole Condominiums. This 3-story community was built in 1968 but features recently remodeled units. Many of the units boast newly redone kitchens and bathrooms as well as expansive balconies, walk-in closets, screened patios and sturdy, hurricane shutters. The Condominiums at Seminole are located near the famous Seminole Golf Course.  Residents of Seminole Condominiums enjoy views of the rolling, green golf courses and glistening lakes.    The amenities at Seminole Condominiums are plentiful! The building amenities are available for all residents and guests. You will enjoy access to a grassy, shaded picnic area, a community pool and provided lawn maintenance. Just minutes from Seminole Condominiums are the lavish Gard...
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By Todd Blair, Jupiter Florida Real Estate & Palm Beach Gardens F
(Waterfront & Country Club Communities - Homes For Sale)
Juno Beach Current Real Estate Market Update - January -  September 2012 Real Estate Update for Juno Beach - Juno Beach homes for sale residential sales update from January 2012 through September 2012. Currently there are 69 Active Listings in Juno Beach with an average home price of $712,000 for over 2,064 square feet of living space.  These Juno Beach homes have an average sales price of $617,000 and spent an average of 200 days on the market. Since January 2012 there have been 81 Sold Homes in Juno Beach with an average price per square feet of $255.  Click here to read more information about the diversified community of Juno Beach who's homes sold for an average of 90.48% of their asking price. As your Juno Beach Florida Real Estate realtor, I specialize in Juno Beach homes for sale...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Juno Beach Inventory Shrinks Another 3% It’s that time of the month again when we look and see what has happened to real estate inventory levels in the area to see if the dramatic slide continues. Multiple offers, quick sales, prices above list price it continues to be a battle finding qualified buyers homes in today’s market. Demand stays strong and when you realize that 27% on all international buyers purchase a property in Florida and this accounts for 20% of all sales in the state. Yes, one in 5 Florida homes over the past year has sold to an international buyer and 82% are paying with cold hard cash. Rents are on the rise, interest rates remain an insane bargain and well priced homes in good condition remain scarce. We have the overall economy in turmoil, lending standards stiffeni...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
Juno Beach Florida continues to show a strong market in sales and the summer months are no exeception. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source. 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,
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Juno Beach Inventory Level Decreases 6% in July August is going to be an interesting month. With the local housing scene continuing to show strength and the national economy still struggling one thinks a convergence is on the way. How long can housing continue on it’s merry way without a substantial change in the economic fundamentals? Interest rates continue to drop and this week the United States Treasury dropped hints about negative yield bonds which we have brought up before in this column. Home sales on a national level for both new and resale properties fell in June while we reported here strong local increases in 4 of our 5 municipalities. And we are talking substantial gains with an average increase of 23.4% over May numbers. We keep searching for a change in fortune but as of n...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
Juno Beach continues to show strenght with pricing and low inventory for the first half of the year. The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source. 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,
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
Community Review: Juno By The Sea Juno By The Sea LISTING PHOTOSClick photo to enlarge Juno By The Sea Price: Upon Request 630 Ocean Dr Juno Beach FL, 33408-1921 View Virtual Tour of Juno BeachView all Listing at Juno By The SeaLink to Google™ Map Type: Condominium 55+: No View: Ocean Pets Allowed: No Waterfront: Yes Dockage Available: No Gated: No Waterfront Type: Ocean Amenities: Community Pool, Additional Storage Area Activities: Dining, Shopping, Movies, Theater Juno by the Sea was built in 1971 and is a five story complex with 73 units directly o...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Absorption rate in Juno Beach jumps dramatically Year after year, for almost seven years, we have had to report news of sliding prices as we continue to pay the price for the big real estate bubble that popped in late 2005. But as Bob Dylan says “the times they are a changin’”. With each month that passes us by the eventual recovery has to draw closer and with the trend we have seen in local markets one might say that recover has been here and the bottom has finally been set.   Each month around this time we bring you updated numbers for the absorption rate in the Northern Palm Beach County area. These numbers, and especially the trend we see in these numbers, are critical when understanding how inventory and demand interact and what role they will have in future price movements. As int...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Condo sales slow in Juno Beach during May Everywhere one looks there are signs of the troubled housing market finally recovering with a firm foundation. Bidding wars have become commonplace with properties selling above list price and in some cases above appraised valuations. As we turn from the spring buying season to the summer months things have changed and buyers in the northern Palm Beach County area are finding that it is not that easy to find a home.   There are certainly bumps in the road ahead with millions of homeowners across the country owing more on their mortgages than the property is worth and the level of foreclosures expected to pick up in the coming months. But the demand seems to be stronger than the supply locally and it sure feels like we are starting to move strong...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Juno Beach Inventory Level Declines 5% in May The real estate market in south Florida remains extremely strong with buyers scrambling to find the right opportunities and take advantage of interest rates that keep setting new historical lows. Inventory remains a significant issue with a shortage of well priced homes in many price categories putting measurable upside pressure on the market for the first time in over 7 years. Some experts are reporting they feel banks are “hoarding” foreclosures and the upswing in housing prices is temporary in nature and will reverse course once much of the “shadow inventory” is released. We keep a very close eye on new bank inventory hitting the market and to date in the northern Palm Beach County area the REO inventory that does hit the market are lower...
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By Kathy Lewellen, Condo Specialist, Singer Island
(Quantum One Realty)
  Night Time Wildlife Turtle Walks Evenings in June & July Wednesday-Saturday At the Loggerhead Marine life Center 14200 US Hwy 1Juno Beach Fl 33408 Get a chance to learn & observe, the nesting and egg laying process of Sea Turtles. A scout will scope out the area while participants will gain information about sea turtles and visit some of the center's patients. Once a sea turtle is spotted you will go with the scout to the spot. $17.00 per person, $12 for members of LMC$20 for walk-ins Please wear dark clothing, Do not bring flashlights or cameras, starts at 9pm, children 8+ only  For more information call the center at 561-627-8280 Singer Island Real Estate Website Kathy Lewellen561-676-6333Paradisekat3@aol.comQuantum One RealtySinger Island Oceanfront, Waterfront Condo Specialistwww....
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By Ruth Jacobs, North Palm Beach, Real Estate Specialist, CDPE, SF
(Quantum One Realty)
Juno Beach Market Report 5/27/-6/2/12   Community Sub Type Br Bath Sq Ft Sold Price List Price Date Sold Horizon Condo 2 2 1,453 $499,000 $420,000 5/31/12 Your Ultimate Team Website Your Ultimate Team for North Palm BeachJim & Ruth JacobsQuantum One Realty(561) 308-1189 Jacobs@Quantumone.com
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Absorption Rate in Juno Beach Improves 23% in One Month We continue to see positive news from the local real estate markets with an increase in pending sales and higher median prices reported throughout the region in April. Momentum seems to be gathering steam with interest rates continuing to slide and inventory levels continuing to shrink. But there are still dark clouds out on the horizon and anyone saying we are out of the woods is ignoring the high level of mortgages in foreclosure trouble still on the table. Combined with general economic news that hardly paints a robust business climate we continue to watch the various metrics surrounding the local real estate market to give those interested a peak of what might be heading their way.   Each month around this time we bring you upd...
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By Donald Urschalitz, P.A. Realtor ABR RSPS North Palm Beach County
(Lubeck Realty Group)
The biggest benefit in this monthly marketing report for our readers is to provide content rich local information from a trustworthy source. 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,
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By Ruth Jacobs, North Palm Beach, Real Estate Specialist, CDPE, SF
(Quantum One Realty)
Juno Beach Market Report 5/20/-5/26/12   Community Sub Type Br Bath Sq Ft Sold Price List Price Date Sold Juno Isles Single Family 4 2 1,752 $460,000 $431,000 5/25/12 Your Ultimate Team Website Your Ultimate Team for North Palm BeachJim & Ruth JacobsQuantum One Realty(561) 308-1189 Jacobs@Quantumone.com
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By Winston Heverly, GRI, ABR, SFR, CDPE, CIAS, PA
(Coldwell Banker Access Realty)
  City of Juno Beach, FL Market Stats for the 1st Quarter of 2012 Stats and facts about the City of Juno Beach, Florida, are out for the last quarter ending in March 2012.  The report is pack with informative information about the county and the local city mentioned above. In a nut shell the inventory of homes available for sale are at a 12.9 month selling point which is down nearly 34.2% from a year ago. That’s a good sign things are loosening up and people are buying. Click on this link, for more graphs and stats. Whether you are buying or selling in this hot market of the City of Juno Beach, FL, choosing the right company with save you money, time and many sleepless nights. I not only have 28 years experience as a Realtor, construction was a passion of mine as well. This alone is wor...
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By Tom Priester, Paradise Sharks
(Paradise Sharks )
Median Juno Beach Condominium Prices Starting to Rise May is flying by so quickly and the buzz in local real estate offices grows louder every day. Everyone is slammed and there just never seems to be enough hours in the day to handle the load. Remarkable is the best way to describe where the market seems to be going and almost every sign shows that overall prices have bottomed and finally after 6 years are back on the rise.   Each month in this column we bring you a recap of the previous months sales levels and much like the national trend the upswing continues to grasp the market. Nationally, home prices have dropped 34% from the highs experienced in 2006 and interest rates keep dropping to new record lows. A tremendous combination that has made homes more affordable than we have seen...
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