Palm Beach Real Estate and Community News

Jan. 26, 2024

Palm Beach County Weekend Guide 01/27/24-01/29/24

Check out what's happening all over Palm Beach County this weekend!


Susan G. Komen More Than Pink Walk

Jan 27, 7:00AM-11:30AM

Meyer Amphitheatre

Take part in the battle against breast cancer by participating in the Susan G. Komen More Than Pink Walk at the Meyer Amphitheatre.

Goat Yoga with Baby Goats, Farm Tour, Music

Jan 27, 9:00AM-10:00AM
24 Karat Ranch, 3765 E Road Loxahatchee, FL 33470
Join us for a delightful goat yoga session where you can enjoy gentle yoga and mindfulness activities in the tranquil setting of a picturesque 10-acre ranch. No previous yoga experience is necessary. Immerse yourself in the charming world of goats as you gain exclusive access to their living, playing, and resting areas. Additionally, you'll have the opportunity to interact with other endearing farm animals, such as miniature piglets, horses, cows, and baby donkeys, ensuring a memorable and heartwarming experience.

Wine in the Wild 

Jan 27, 5:00PM-7:00PM
Busch Wildlife Sanctuary
Experience an unforgettable evening at the 5th Annual Wine in the Wild fundraiser at Busch Wildlife Sanctuary on January 27, 2024! Indulge in an evening of sipping, savoring, and supporting wildlife conservation at the newly expanded Sanctuary in Jupiter Farms. Our renowned annual fundraiser is back and better than ever. Join us for a captivating night under the stars, relishing delectable bites and delightful beverages while championing the mission of Busch Wildlife Sanctuary. There are still opportunities for sponsorships and underwriting. Whether you opt to be a Premier Wine Tasting Partner or a Valet Underwriter, there are numerous ways for you to take part in our signature annual fundraising event. You can explore the opportunities at the provided link or by accessing printable forms here. Attire for the event is cocktail or dinner party attire, and please note that this is a 21+ event. 

Waterfront Market at Harbourside Place

Jan 28,  10:00AM-04:00PM

Harbourside Place

Discover a delightful shopping experience at the Harbourside Place market every Sunday, from 10 am to 4 pm. Enjoy a leisurely stroll along the Intracoastal as you peruse a variety of locally crafted artisan and handmade goods.

50+ Sunday Big Band Dance

Jan 28, 1:00PM-3:00PM, 7:00 PM - 9:30 PM

Jupiter Community Center
Get ready for the triumphant return of Big Bands in November 2023! Experience the vibrant energy of an 18-piece band that will enchant you with intricate harmonies and lively rhythms, ensuring an afternoon of delightful dancing. Doors open at 12:55 PM, and refreshments will be available on a first come, first served basis while supplies last. Please note that there is a slight change this year: dance payments will be processed in the lobby instead of the dance hall, or you may register online starting one week before the dance. Look for signs on the dance day or visit the website for additional details.
Posted in Community News
Jan. 25, 2024

Are More Homeowners Selling as Mortgage Rates Come Down?

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale.

The Mortgage Rate Lock-In Effect

Over the past year, one factor that’s really limited the options for your move is how few homes were on the market. That’s because many homeowners chose to delay their plans to sell once mortgage rates went up. An article from Freddie Mac explains:

The lack of housing supply was partly driven by the rate lock-in effect. . . . With higher rates, the incentive for existing homeowners to list their property and move to a new house has greatly diminished, leaving them rate locked.”

These homeowners decided to stay put and keep their current lower mortgage rate, rather than move and take on a higher one on their next home.

Early Signs Show Those Homeowners Are Ready To Move Again

According to the latest data from, there were more homeowners putting their houses up for sale, known in the industry as new listings, in December 2023 compared to December 2022 (see graph below):



Here's why this is so significant. Typically, activity in the housing market cools down in the later months of the year as some sellers choose to delay their moves until January rolls around.

This is the first time since 2020 that we’re seen an uptick in new listings this time of year. This could be a signal that the rate lock-in effect is easing a bit in response to lower rates.

What This Means for You

While there isn’t going to suddenly be an influx of options for your home search, it does mean more sellers may be deciding to list. According to a recent article from the Joint Center for Housing Studies (JCHS):

A reduction in interest rates could alleviate the lock-in effect and help lift homeowner mobility. Indeed, interest rates have recently declined, falling by a full percentage point from October to November 2023 . . . Further decreases would reduce the barrier to moving and give homeowners looking to sell a newfound sense of urgency . . .”

And that means you may see more homes come onto the market to give you more fresh options to choose from.

Bottom Line

As mortgage rates come down, more sellers may re-enter the market – that gives you an opportunity to find the home you’re looking for. Let’s connect so you’ve got a local expert on your side who’ll help you stay on top of the latest listings in our area.

Jan. 19, 2024

Palm Beach County Weekend Guide 1/19/24-1/21/24

Check out what's happening all over Palm Beach County this weekend!

South Florida Fair 
Jan 19-21
South Florida Fairgrounds in West Palm Beach, FL 
Immerse yourself in the excitement of the 2024 South Florida Fair with the theme "Dive into the Fun," a jubilant celebration of the ocean and marine wildlife! Witness a captivating live shark show, get an up-close encounter with sea lions, explore an immersive underwater experience, and engage with local organizations dedicated to educating the community on maintaining the health, cleanliness, and vitality of our oceans. Join us for an unforgettable aquatic adventure!
Classics by the Sea 5K/10K
Jan 20, 6-10:30am 
Carlin Park in Jupiter, FL 
Step into the excitement of the 24th Annual Classics by the Sea 5K/10K, proudly presented by the Palm Beach Roadrunners. With a 5K, 10K, and a Kids 1-mile race for children aged 5-12, this event promises thrills for participants of all ages. Starting and finishing in Carlin Park, the race follows an out-and-back course along the beach road, offering breathtaking views of the ocean. Upon crossing the finish line, a well-deserved finisher medal awaits you. For those with speed on their side, there's a chance to secure coveted age group awards, adding a touch of friendly competition to the celebration. Join us for a day filled with the joy of running, coastal beauty, and the thrill of accomplishment!
The Brunch Club Experience 
Jan 21 at 9:45am, 10:50am, and 11:45am 
Embark on The Brunch Club Experience presented by The Palm Beaches for a delightful journey filled with vibes and bites. Immerse yourself in a premium, themed coach experience featuring complimentary snacks and bubbly from exclusive partners like MOET and Ruffino Prosecco Rose. Your one-way ride comes with the added perk of free entry to the Historical Society of Palm Beach County with your Brightline ticket.
Indulge in seconds at The Square, where Brunch Club riders can savor complimentary drinks, appetizers, and other perks from participating restaurants:
- Adrienne’s Pizzabar: Enjoy one complimentary mimosa or bloody mary with the purchase of an entree.
- Felice: Delight in one complimentary glass of Felice Rose.
- PLANTA: Treat yourself to one complimentary item from the Snack & Share menu with the purchase of a food item.
- The Salty: Avail of a buy one, get one 50% off on coffee purchases.
- Sweetgreen: Benefit from a 15% discount on your purchase.
- Angie’s Epicurean: Indulge in one complimentary mini ice cream sandwich.
The Brunch Club trains operate three times a day departing from MiamiCentral Station to West Palm Beach Station at 9:45 am, 10:50 am, and 11:45 am. Please note that guests are responsible for their return trip. Join us for a memorable brunch experience!
Lazy Sundays at The Hilton, West Palm Beach 
Jan 21, 1-5pm
Hitlon in West Palm Beach, FL 
Soak up the sunshine, indulge in a refreshing swim in the resort-style pool, and revel in the lively atmosphere with a live DJ, dancing, and a specially crafted menu from La Playa, the poolside bar and grill. Join us for our weekly pool party event at the Hilton West Palm Beach.
Swank Farm Multi-Course Dinner 
Jan 21 at 4pm 
Swank Specialty Produce in Loxahatchee, FL 
Featuring the cream of Florida's farmers, ranchers, artisanal producers, micro-brewers, distillers, and winemakers, Swank Farm brings top-tier chefs together to craft a decadent multicourse dinner that showcases the finest ingredients. In January, the dinner theme is "Running With The Bulls, A Night In Spain," and proceeds will support the Dr. Gary Paul Swank Memorial Scholarship through the Foundation for Palm Beach State College. Join us for an evening of exquisite flavors for a meaningful cause.
Posted in Community News
Jan. 18, 2024

3 Key Factors Affecting Home Affordability

Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to being able to afford a home than just mortgage rates.

To really understand home affordability, you need to look at the combination of three important factors: mortgage rates, home prices, and wages. Let’s dive into the latest data on each one to see why affordability is improving.

1. Mortgage Rates

Mortgage rates have come down in recent months. And looking forward, most experts expect them to decline further over the course of the year. Jiayi Xu, an economist at Realtor.comexplains:

“While there could be some fluctuations in the path forward … the general expectation is that mortgage rates will continue to trend downward, as long as the economy continues to see progress on inflation.”

And even a small change in mortgage rates can have a big impact on your purchasing power, making it easier for you to afford the home you want by reducing your monthly mortgage payment.

2. Home Prices

The second important factor is home prices. After going up at a relatively normal pace last year, they’re expected to continue rising moderately in 2024. That’s because even with inventory projected to grow slightly this year, there still aren’t enough homes for sale for all the people who want to buy them. According to Lisa Sturtevant, Chief Economist at Bright MLS:

“More inventory will be generally offset by more buyers in the market. As a result, it is expected that, overall, the median home price in the U.S. will grow modestly . . .”

That’s great news for you because it means prices aren’t likely to skyrocket like they did during the pandemic. But it also means it’ll probably cost you more to wait. So, if you’re ready, willing, and able to buy, and you can find the right home, purchasing before more buyers enter the market and prices rise further might be in your best interest.

3. Wages

Another positive factor in affordability right now is rising income. The graph below uses data from the Federal Reserve to show how wages have grown over time: 


If you look at the blue dotted trendline, you can see the rate at which wages typically rise. But on the right side of the graph, wages are above the trend line today, meaning they’re going up at a higher rate than normal.

Higher wages improve affordability because they reduce the percentage of your income it takes to pay your mortgage. That’s because you don’t have to put as much of your paycheck toward your monthly housing cost.

What This Means for You

Home affordability depends on three things: mortgage rates, home prices, and wages. The good news is, they’re moving in a positive direction for buyers overall.

Bottom Line

If you're thinking about buying a home, it's important to know the main factors impacting affordability are improving. To get the latest updates on each, let's connect.

Jan. 16, 2024

Why You May Want To Seriously Consider a Newly Built Home

Are you putting off your plans to sell because you’re worried you won’t be able to find a home you like when you move? If so, it may be time to consider a newly built home and the benefits that come with one. Here’s why.

Near-Record Percentage of New Home Inventory

Newly built homes are becoming an increasingly significant part of today’s housing inventory. According to the most recent report from the National Association of Home Builders (NAHB):

Newly built homes available for sale accounted for 31% of total homes available for sale in November, compared to an approximate 12% historical average.”

That means the percentage of the total homes available to buy that are newly built is well over two times higher than the norm. And even more new homes are on the way.

Recent data from the Census shows there’s been an uptick in both housing starts (where builders break ground on more new homes) and housing completions (homes where construction just wrapped).

And while some people may worry builders are building too many homes, that isn’t a concern – if anything, the recent increase is really good news. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains:

“Even more home building will be needed with the housing shortage persisting in most markets . . . Another 30% rise in home construction can easily be absorbed in the marketplace . . .”

How This Helps You 

Since the supply of existing homes for sale is still low right now, the increase of new-home construction can be a game changer because it gives you more options for your search.

Picture yourself in a home that’s new from the ground up: new appliances, fresh paint, fewer maintenance needs because everything is new, and so much more. Doesn’t that sound nice?

And it may be more within reach than you ever imagined. In addition, some builders are offering things like mortgage rate buy-downs for homebuyers right now. This can help offset today’s affordability challenges while also getting you into your dream home. In a recent article, Patrick Duffy, Senior Real Estate Economist at U.S. News, explains:

“Builders have been using mortgage interest rate buydowns for many years as a sales incentive whenever interest rates are relatively high, . . .Today more builders are offering rate buydowns for the entirety of the loan, allowing buyers to finance more home for the same payment amount.”

Just remember, the process of buying from a builder is different from buying from a home seller, so it’s important to partner with a trusted real estate agent who knows the local market. They’ll be your go-to resource for coordinating with the builder, reviewing contracts, and more.

Bottom Line

If you’re trying to sell so you can make a move but you’re having a hard time finding a home you like, let’s connect. That way you have a local expert to help you explore all of your options, including the newly built homes in our area.

Jan. 9, 2024

What Lower Mortgage Rates Mean for Your Purchasing Power

If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below):



This recent trend is great news for buyers. As a recent article from Bankrate says:

“The rate cool-off somewhat eases the housing affordability squeeze.”

And according to Edward Seiler, AVP of Housing Economics and Executive Director of the Research Institute for Housing America at the Mortgage Bankers Association (MBA):

“MBA expects that affordability conditions will continue to improve as mortgage rates decline . . .”

Here’s a bit more context on how this could help with your plans to buy a home.

How Mortgage Rates Affect Your Search for a Home

Understanding the connection between mortgage rates and your monthly home payment is crucial for your plans to become a homeowner. The chart below illustrates how your ability to afford a home changes when mortgage rates shift. Imagine your budget allows for a monthly payment between $2,400 and $2,500. The green part in the chart shows payments in that range or lower (see chart below):



As you can see, even small changes in rates can affect your budget and the loan amount you can afford.

Get Help from Reliable Experts To Understand Your Budget and Plan Ahead

When you're looking to buy a home, it's important to get guidance from a local real estate agent and a trusted lender. They can help you explore different mortgage options, understand what makes mortgage rates go up or down, and how those changes impact you.

By looking at the numbers and the latest data together, then adjusting your strategy based on today's rates, you'll be better prepared and ready to buy a home.

Bottom Line

If you’re looking to buy a home, you should know the recent downward trend in mortgage rates is good news for your move. Let’s connect and plan your next steps.

Jan. 5, 2024

Palm Beach County Weekend Guide 1/5/14-1/7/24

Happy New Year! Check out what is happening all over Palm Beach County this weekend! 

Blueline Surf & Paddle Winter Series Event 1 
Jan 6 @ 10am 
Guanabanas Island Restaurant and Bar in Jupiter, FL 
Welcome to the Blueline Surf and Paddle Jupiter Challenge! Prepare to put your skills to the test against Jupiter's elite paddlers, who rank among the best in the paddling world, navigating renowned courses. Take your pick from the Powerline (4.6 miles), Yacht Club (3 miles) Course, or the 1-mile fun course circling Burt Reynolds Island. The Powerline and Yacht Club courses provide a straightforward out-and-back challenge with just two turns, allowing you to concentrate on maximizing your paddle power. Alternatively, the fun course invites you on a leisurely lap around the picturesque Burt Reynolds Island. 
Open House! 
Jan 6, 1-3pm 
70 Celestial Way, Unit 110, Juno Beach, FL 33408
Updated 2BR plus office, 2BA 1,725 sq ft ground floor 55 + condo in Juno Beach with 2 garage parking spots! Enjoy total privacy from your 19' balcony that overlooks beautiful seagrapes. This light and bright unit has 10' ceilings, engineered wood flooring, wet bar, oversized pantry and full accordion hurricane protection. Enjoy ocean breezes from the master balcony. Both bedrooms offer walk in closets. Amenities include private storage room, heated pool, clubhouse and private gated beach access with sitting area overlooking the ocean.
BandSandBrews Craft Beer and Music Festival for a Cause!
Jan 6, 2pm-6pm
Carlin Park in Jupiter, FL 
Experience the BandSandBrews Craft Beer and Music Festival for a Cause! This event supports Teach the Beach, aiming to promote education and awareness for local ocean and environmental conservation. Set against the backdrop of the Seabreeze Amphitheater in Carlin Park, Jupiter, FL, it promises a fantastic time for everyone. Indulge in unlimited craft beer tastings (1pm-4pm) featuring selections from over 25 breweries (with the purchase of an unlimited tasting ticket). Additionally, there's a full beer, wine, and liquor cash bar, complemented by live music from exceptionally talented artists. Don't miss out on delectable eats from the food trucks!
Saturday Night Lights with Big Dog Ranch
Jan 6, 5:30-8:30pm 
Wellington International in Wellington, FL 
Come and participate in the adoption event hosted by Big Dog Ranch and Rescue at the Winter Equestrian Festival in Wellington, FL! Discover a multitude of charming puppies and delightful dogs, all available for adoption. Locate the organization's event area just inside the main public entrance and help a great cause! 
The Gardens GreenMarket 
Jan 7 @ 8am 
City of Palm Beach Gardens City Hall in Palm Beach Gardens, FL 
The Gardens GreenMarket is a rain or shine market in Palm Beach Gardens. The Market features over 70 vendors with entertainment, produce, flowers, and much more! 
Posted in Community News
Jan. 4, 2024

Why Pre-Approval Is Your Homebuying Game Changer

If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a trusted lender to prioritize this essential step. Here’s why.

While home price growth is moderating and mortgage rates have been coming down in recent weeks, affordability is still tight.  At the same time, there’s a limited number of homes for sale right now, and that means ongoing competition among hopeful buyers. But, if you’re strategic, there are ways to navigate these waters – and pre-approval is the game changer.

What Pre-Approval Does for You

To understand why it’s such an important step, you need to know more about pre-approval. As part of the homebuying process, a lender looks at your finances to determine what they’re willing to loan you. From there, your lender will give you a pre-approval letter to help you understand how much money you can borrow. Freddie Mac explains it like this:

A pre-approval is an indication from your lender that they are willing to lend you a certain amount of money to buy your future home. . . . Keep in mind that the loan amount in the pre-approval letter is the lender’s maximum offer. Ultimately, you should only borrow an amount you are comfortable repaying.”

Getting pre-approved starts to put you in the mindset of seeing the bigger financial picture, one step at a time. And the key is actually more than just getting a pre-approval letter from your lender. The combination of pre-approval and strategic budgeting is your golden ticket to understanding what you can actually afford. It saves you from painful heartaches down the road so you don’t fall in love with a house that might be out of reach.

Pre-Approval Helps Show Sellers You’re a Serious Buyer

But that's just the beginning. Let’s face it, there are more people looking to buy than there are homes available for sale, and that creates competition among homebuyers. That means you could see yourself in a multiple-offer scenario when you get ready to make your move. But getting pre-approved for a mortgage can help you stand out from other buyers.

In today's fast-moving housing market, having that pre-approval in your back pocket can be your secret weapon. When sellers see you're pre-approved, it tells them you're a strategic and serious buyer. In a world of multiple offers, that's a big deal. As an article from the Wall Street Journal (WSJ) says:

If you plan to use a mortgage for your home purchase, preapproval should be among the first steps in your search process. Not only can getting preapproved help you zero in on the right price range, but it can give you a leg up on other buyers, too.”

Pre-approval shows sellers you’re more than just a window shopper. You’re a buyer who’s already undergone a credit and financial check, making it more likely that the sale will move forward without unexpected delays or issues. Sellers love that because they see your offer as a reliable one. A win-win, right?

Bottom Line

So, before you start mentally arranging furniture in your dream home, work with a trusted lender to get your pre-approval set. It’ll save you time, stress, and a lot of headaches that could come up along the way without it. The reality is, the more prepared you are, the more likely you are to land the home you’re longing for.

Jan. 2, 2024

Things To Consider If Your House Didn’t Sell

If your listing has expired and your house didn’t sell, it's completely normal to feel a mix of frustration and disappointment. Understandably, you're probably wondering what may have gone wrong. Here are three questions to think about as you figure out what to do next.

Did You Limit Access to Your House?

One of the biggest mistakes you can make when selling your house is restricting the days and times when potential buyers can tour it. Being flexible with your schedule is important, even though it might feel a bit stressful to drop everything and leave when buyers want to see it. After all, minimal access means minimal exposure to buyers. ShowingTime advises:

“. . . do your best to be as flexible as possible when granting access to your house for showings.”

Sometimes, the most determined buyers might come from far away. Since they’re traveling to see your house, they may not be able to change their plans easily if you only offer limited times for showings. So, try to make your house available as much as you can to accommodate them. It's simple – if no one’s able to look at it, how will it sell?

Did You Make Your House Stand Out?

When you're selling your house, the old saying matters: you never get a second chance to make a first impression. Putting in the work to make the exterior of your home look nice is just as important as how you stage it inside. Freshen up your landscaping to boost your home’s curb appeal so you can make an impact upfront. As an article from U.S. News says:

“After all, if people drive by, but aren’t interested enough to walk through the front door, you’ll never sell your house.”

But don’t let that impact stop at the front door. By removing personal items and reducing clutter inside, you give buyers more freedom to picture themselves in the home. Plus, a fresh coat of paint or thorough floor cleaning can work wonders in sprucing up the house for potential buyers.

Did You Price Your House at Market Value?

Setting the right price is key. While it might be tempting to push the price higher to maximize your profit, overpricing your house can actually turn off potential buyers and slow down the selling process. Forbes notes:

“Pricing a home too high could lead to a slower sale or force the seller to drop their price.”

If your house is priced higher than others like it, it may discourage buyers, resulting in increased time on the market. Pay attention to the feedback people give your agent during open houses and showings. If lots of people are saying the same thing, it might be a good idea to think about lowering the price.

For all these insights and more, rely on a trusted real estate agent. A great agent will offer expert advice on relisting your house with effective strategies to get it sold.

Bottom Line

It’s natural to feel disappointed when your listing has expired and your house didn’t sell. Let’s connect to determine what happened, and what changes you should make to get your house back on the market.

Dec. 29, 2023

Palm Beach County Weekend Guide 12/29/23-12/31/23

Ring in the New Year with these events in Palm Beach County this weekend! 

Noon Year's Eve
Dec 31, 10am-1pm
Cox Science Center and Aquarium in West Palm Beach, FL 
Celebrate the start of the new year on the expansive 5-acre Science Trail as the clock strikes NOON! Enjoy live science demonstrations, dance to music, create DIY confetti poppers, and partake in more festivities. Families can raise a toast to the new year with dry ice apple cider. Join us for a unique and family-friendly celebration!
New Year's Eve Brunch Buffet at Frigate's 
Dec 31, 10am-4pm 
Frigate's Waterfront Bar & Grill in North Palm Beach, FL
Indulge in a spectacular New Year's Eve Brunch Buffet at Frigate's! Delight in traditional breakfast favorites, savor themed entrees crafted for the occasion, and relish surprises from the talented chefs. Reservations are available for groups of any size. Don't pass up the opportunity to be part of this unforgettable brunch experience!
New Year's Party at Blue Pointe Bar and Grill 
Dec 31, 4pm-12am 
Blue Pointe Bar and Grille in Jupiter, FL 
Welcome 2024 with a lively celebration at Blue Pointe Bar & Grill! Enjoy the energetic tunes of the 56 Ace Band starting at 8pm, accompanied by a guest DJ. Tickets come in various prices based on drink and meal choices. Party favors will be provided for everyone! Join us for a waterfront New Year's Eve celebration!
New Year's Eve at PGA National Resort 
Dec 31, 5pm-2am 
PGA National Resort in Palm Beach Gardens, FL 
Embark on a luxurious evening of culinary delights and champagne as we welcome the new year. Select between two of PGA's signature resturants for a delightful dinner, followed by dancing the night away in the Lobby Bar. Indulge in tasting menus and prix fixe dinners at Honeybelle and The Butcher's Club.
DAS Brew Year's Eve
Dec 31 @ 8pm 
DAS Beer Garden in Jupiter, FL 
Celebrate the arrival of the new year at DAS Beer Garden in Downtown Abacoa! Bid farewell to 2023 with the vibrant tunes of Girlfriend Material, savor artisanal beers in sleek glasses, and join us for a complimentary champagne toast as the clock strikes midnight!


Posted in Community News