Friday, November 27, 2015

A Dozen Reasons the Holidays Are a Good Time to Sell Homes in Florida!

If you're considering selling your home in South Florida, now is a great time!


Find Out Your Home's ValueInventory is low and demand is high. Home values are the highest in years in Boca Raton, Delray Beach, Highland Beach, Boynton Beach, and many surrounding communities in Palm Beach County and Broward County.


I'm here to help! Contact me for a detailed market analysis and no-obligation consultation.

  1. The Snowbirds are here now! Many have arrived with plans to buy condos, townhomes, and single family homes! I'm always working with Buyers this time of year, maybe the right one for your home. 
  2. People who look for a home during the Holidays are more serious buyers! (If you're a serious buyer, Contact Me! I'm here to help!)
  3. Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you!
  4. Since the supply of listings will dramatically increase in January, there will be less demand for your particular home! Less demand means less money for you!
  5. Houses show better when decorated for the Holidays!
  6. Buyers are more emotional during the Holidays, so they are more likely to pay your price!
  7. Buyers have more time to look for a home during the Holidays than they do during a working week!
  8. Some people must buy before the end of the year for tax reasons! 
  9. January is traditionally the month for employees to begin new jobs. Since transferees cannot wait until Spring to buy, you must be on the market now to capture that market!
  10. You can still be on the market, but you have the option to restrict showings during the six or seven days during the Holidays!
  11. You can sell now for more money and we will provide for a delayed closing or extended occupancy until early next year!
  12. By selling now, you may have an opportunity to be a non-contingent buyer during the Spring, when many more houses are on the market for less money! This will allow you to sell high and buy low!
 
I'm here to help! Contact me for a detailed market analysis and no-obligation consultation.

Search Homes For Free Now!
 
About the Author: Scott Field is a leading real estate agent in Boca Raton since 2002. In February 2015,Scott was honored with the 2014 Realtor® of the Year Award from the Realtors Commercial Alliance of the Palm Beaches. Scott specializes in physician and executive relocation, property sales including residential, commercial and investment properties, luxury homes, country club homes, waterfront condos. Hundreds of successful transactions and happy clients throughout South Florida with a focus on Palm Beach County and north Broward County.
Scott has sold a wide variety of properties in South Florida, including investment and commercial property, luxury homes, homes in country clubs, seasonal homes, and waterfront homes.
Scott routinely receives referrals from past clients and recruiters, and from real estate brokers outside the area.
Scott is actively involved in the community, serving on the board of directors and various committees with the Realtors Commercial Alliance (RCA), and the Career Academies Advisory Board of Spanish River High School, among others.
Scott's clients benefit from his extensive experience as a Realtor, business consultant, senior manager, college instructor and entrepreneur, and his exceptional skills in marketing, communication, negotiation, and transaction management. 

Wednesday, October 21, 2015

Palm Beach County Foreclosures, Real Estate Market Update, and Foreclosure Listings

Foreclosures in Palm Beach County Up, Total Sales Up, Short Sales Down

Note: If you're searching for Palm Beach County listings for foreclosures and short sales, I've built some free MLS searches for you - See the links below and bookmark this page. Let me know if you'd like a custom search with updates.

As a dedicated full-time REALTOR® in Palm Beach County, I have ridden the economic wave with my clients. The good news is that the Palm Beach County real estate market is experiencing a strong recovery.  In 2015 through Q3 there were 26,085 total closed condo and home sales in Palm Beach County, up about 8% from 24,160 for the same period in 2014.

I read an article that cited a study stating that foreclosures are up year over year for the second consecutive quarter in Q3 2015. New Jersey had the highest foreclosure rate, and Florida got honorable mention as usual.

                                       

That got me wondering about the Palm Beach County real estate market statistics. I searched the MLS for foreclosures and short sales as a percent of total sales through the 3rd Quarter each year since 2000.

As I suspected, the last two years have seen the most foreclosures since 2000, both in relative and absolute terms.

Over 4,000 closed sales in both 2014 and 2015 were listed as REO ("Real Estate Owned" bank foreclosures), reflecting over 16.8% of the total sales through the third quarter of over 26,000 for 2015 and over 24,000 for 2014.

During that same period, short sales are down from 5.53% to 2.96% of total closed sales. Compare that to a peak of almost 21% of all closed sales, and nearly 0% during the first half of last decade.

Compare that to 2000, when closed foreclosures were 1.7%  of 18,500 total closed sales through the third quarter. The rate declined to less than 1% as the total sales increased with the rising market, with the rate of foreclosures increasing dramatically starting in 2007.

Watch this blog for more details. I plan to do more after year end.

If you or someone you know is considering selling short or buying a short sale or foreclosure, I'll be happy to share my experience with a no-obligation consultation. Feel free to call me directly at 561-573-1828 or contact me here. I'm always easy to reach by phone, text and email.

MLS Foreclosure Search Links:



About the Author: Scott Field is a leading real estate agent in Boca Raton since 2002. In February 2015,Scott was honored with the 2014 Realtor® of the Year Award from the Realtors Commercial Alliance of the Palm Beaches. Scott specializes in physician and executive relocation, property sales including residential, commercial and investment properties, luxury homes, country club homes, waterfront condos. Hundreds of successful transactions and happy clients throughout South Florida with a focus on Palm Beach County and north Broward County.

Scott has sold a wide variety of properties in South Florida, including investment and commercial property, luxury homes, homes in country clubs, seasonal homes, and waterfront homes.

Scott routinely receives referrals from past clients and recruiters, and from real estate brokers outside the area.
Scott is actively involved in the community, serving on the board of directors and various committees with the Realtors Commercial Alliance (RCA), and the Career Academies Advisory Board of Spanish River High School, among others.
Scott's clients benefit from his extensive experience as a Realtor, business consultant, senior manager, college instructor and entrepreneur, and his exceptional skills in marketing, communication, negotiation, and transaction management. 


Friday, September 4, 2015

Empty Nest Out West?

Is Your Nest Feeling Empty? 


Help for Empty Nesters, 

or how to get from there to here. 


These baby swans have flown the nest at Lake Windwood in Boca Raton, steps from our villa in East Boca. 

We know the feeling. Our son has moved off to Gainesville to study at University of Florida, and our daughter is already well into her studies here at Florida Atlantic University in Boca Raton, no doubt to be flying the nest soon. 

It came up on us quickly. All of a sudden, we were rambling around a big house in Boca Woods Country Club and asking ourselves if it was time for a change. We also wanted to reduce our collective family commute time between "West Boca" and "East Boca". During rush hour especially, those few miles seem like a long drive. (We are spoiled here in South Florida.)

We have chosen to live in a villa in Windwood, right next to FAU. If you would like to see my blog on Windwood, click here. We very much enjoy being minutes from the excellent beaches in Boca Raton, Mizner Park, Town Center Mall, Royal Palm Plaza, and the seemingly endless nearby opportunities for entertainment, dining, shopping and recreation.

We are also very close to I-95, Federal Highway, Glades Road, Military Trail and it seems easier to get to most of our destinations. 

Don't get me wrong, we very much enjoyed our time "out West" while raising our family, but I think our migration pattern is eastward from here on. It was great living in West Boca, and we loved our last home on the golf course - see photos below. When our nest is yet smaller, maybe it will be time for an oceanfront condo on the beach or a condo with views of the Intracoastal Waterway. I like the idea of stepping out my door and having toes in the sand. Does that sound good to you? 


If you're considering a change, now may be a good time. You may be surprised at your home's value. There is ample demand from growing families for homes in West Boca school zones in zipcodes 33498, 33496, and 33428, among others. 


I welcome you to contact me for a no obligation consultation.

 The view from our last golf course home.
              
  
   



 

Wednesday, July 29, 2015

Is Now a Good Time to Sell Your Home in Florida?

Are You Considering Selling Your Home? 

Now May be one of the best times in recent history.

If you're wondering whether you should sell now or wait, you might want to consider getting off the fence sooner rather than later. 

As an experienced and active South Florida real estate agent in Boca Raton, I see aspects of the current real estate market daily and remember previous cycles of ups and downs. 

Depending on your property type and location, there may be very little competition on the market, and prices are likely to be up considerably from just a few years ago. I am seeing price growth easing up lately, and more properties staying on the market longer when they are listed at overly ambitious prices. 

Homes and condos in South Florida that are priced to the market and attractively listed are selling quickly. My listing inventory keeps selling out. If you are considering selling and would like a free market analysis with no obligation, I welcome you to contact me

In my experience, areas that are especially hot right now and selling well include:
  • Single family homes zoned for highly rated schools in Boca Raton, Wellington, Parkland, Jupiter and Boynton Beach. 
  • Waterfront condos with great views of the ocean or Intracoastal Waterway. End or corner units and direct views are a plus. 
  • Homes with high "walkability", near pedestrian areas like Atlantic Avenue in Downtown Delray Beach and Mizner Park in Boca Raton, or within an easy walk to the beach. 
  • Single Family Homes, townhouses and condos that are updated and move-in ready.
  • Investment properties that can be rented right away or already have a good tenant. 
  • Luxury homes in prestigious neighborhoods in Boca Raton, Delray Beach,Wellington and Parkland. 
  • Homes in country club communities that do not require mandatory membership or have low membership fees. Higher end homes in mandatory equity country club communities are selling better than they have in years, if they are priced to the market, attractively presented, and made readily available for showings. 
  • Homes in gated adult communities with amenities are in demand for Baby Boomers escaping the weather up north. Snowbirds are starting to look now for properties for this winter. Some are looking for seasonal homes prior to retirement, while others are planning Florida permanent residence. Advantages to staying one day over six months per year include no Florida state income tax and homestead property exemption. 
Interest rates have risen slightly and are likely to continue to rise, so buyers may cool off. Higher mortgage loan interest rates mean higher payments and less buying power, which could also put downward pressure on prices. 


             

About the Author: Scott Field is a leading real estate agent in Boca Raton since 2002. In February 2015, Scott was honored with the 2014 Realtor® of the Year Award from the Realtors Commercial Alliance of the Palm Beaches. Scott specializes in physician and executive relocation, selling residential, commercial and investment properties, luxury homes, country club homes, waterfront condos. Hundreds of successful transactions and happy clients throughout South Florida with a focus on Palm Beach County and north Broward County.

Scott has sold a wide variety of properties in South Florida, including investment and commercial property, luxury homes, homes in country clubs, seasonal homes, and waterfront homes.

Scott routinely receives referrals from past clients and recruiters, and from real estate brokers outside the area.
Scott is actively involved in the community, serving on the board of directors and various committees with the Realtors Commercial Alliance (RCA), and the Career Academies Advisory Board of Spanish River High School, among others.
Scott's clients benefit from his extensive experience as a Realtor, business consultant, senior manager, college instructor and entrepreneur, and his exceptional skills in marketing, communication, negotiation, and transaction management. 


Saturday, July 11, 2015

East Boca Raton Home for Rent Just a Short Walk to Mizner Park


East Boca Rental Home So Close to Mizner Park and the Beach! 

Beautifully remodeled home for rent in east Boca Raton with lots of parking and a big garage. Room for a boat or RV. 

1051 NE 2nd Terrace, Boca Raton, FL



         
 
Sorry, I already rented this home! I will be happy to find the right home for you! I welcome you to Contact Me. I'm here to help!

If you'd like to search the MLS for Boca Raton rental homes yourself, I've built a search for you here, ranging from luxury home rentals to more modest homes.



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    Scott Field


       Scott A Field, MBA
    2014 Realtor of the Year Award
    Realtors Commercial Alliance
    of the Palm Beaches
        Realty Associates
           561-573-1828
     License #: SL3038508

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     Descriptio
    Prime Location! Beautifully updated 3/1 Single Family Home in East Boca's most desirable neighborhood behind Mizner Park. Spacious split floor plan. Updates include cherry wood kitchen with granite and bar stool seating, light bamboo wood flooring, window treatments on all windows, ceiling fans with lights in all rooms, hurricane windows, huge 2 1/2 car garage with water, electric hook ups, super large fenced back yard, concrete slab on both sides of house for patio, boat storage,

    Remodeled Home For Sale in East Boca Raton Mizner Park Area

    Renovated East Boca Raton Home For Sale!

    Bike or walk to Mizner Park and beach!

    1051 NE 2nd Terrace, Boca Raton, Florida


              

        
    SORRY, I ALREADY RENTED THIS HOME! I WILL BE HAPPY TO FIND THE RIGHT HOME FOR YOU! I WELCOME YOU TO CONTACT ME. I'M HERE TO HELP!


    If you'd like to search the MLS for Boca Raton homes for sale, I've built a search for you. Just click here to view the listings or to build your own search. You're always welcome to contact me for a custom search.


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  • 3 BEDROOMS | 1 (1 full )  BATHROOMS | 1,103 SQUARE FEET

    Prime Location! Beautifully updated 3/1 Single Family Home in East Boca's most desirable neighborhood behind Mizner Park. Spacious split floor plan. Updates include cherry wood kitchen with granite and bar stool seating, light bamboo wood flooring, window treatments on all windows, ceiling fans with lights in all rooms, hurricane windows, huge 2 1/2 car garage with water, electric hook ups, super large fenced back yard, concrete slab on both sides of house for patio, boat storage, etc. Double driveways. Enjoy the high walkability and pedestrian activity in Downtown Boca Raton. Walk or bike to Mizner Park, the Boca Raton Art Museum, Royal Palm Place, many restaurants and shops, and the fabulous beaches in Boca Raton! 


     Presented By:


            

    ScotScott A Field, MBA

    2014 Realtor of the Year Award
    Realtors Commercial Alliance
    of the Palm Beaches
        Realty Associates
           561-573-1828
     License #: SL3038508

    Link on Facebook Scott Field Realtor Facebook Page
                                      
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    Friday, June 19, 2015

    This 4 Bedroom Boca Raton Home is Priced to Sell! Relocation Forces Sale.


    Remodeled 4 Bedroom 3 Bath Home for Sale in Boca Chase

    11080 Lakeaire Circle, Boca Raton, FL

    Sorry, I've already SOLD this Home! If you'd like me to help you sell or buy, I welcome you to Contact Me for a no-obligation consultation. I'm here to help! 

                    
       If you'd like to search the MLS for Boca Raton Homes in 33498 (where Boca Chase is), I've built an MLS search for you here.


       







    • Description       
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    • $ Click for current price
      4 BEDROOMS | 3 (3 full )  BATHROOMS | 1920 SQUARE FEET


      Open House 6/19/15 and 6/20/15 11am - 2pm This home is priced to sell! Relocation sale! 
      Great Buy on this tastefully renovated Boca Raton home in Boca Chase with 4 bedrooms and 3 full baths, garage, fenced yard, large screened patio, views of water and preserve with no rear neighbors. Updates include new tile roof, porcelain tile floors, new kitchen appliances and cabinets, granite countertops, custom walk-in shower with frameless glass door. Top-rated Boca Raton Schools: Sunrise Park Elementary School, Eagles Landing Middle School, Olympic Heights Community High. It's a short walk to the community pool, tennis courts, basketball court, and play area. Still time to move in and enjoy before summer break is over! Call Listing Agent Scott Field at 561-573-1828 or contact me through my website for more information or showing appointment. 



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      Scott Field


         
                      Realty Associates
             561-573-1828
                     License #: SL3038508
       
               
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      Vist our website at www.FloridaHomeLuxury.com
         
         

      Monday, June 15, 2015

      Reduced! This 4 Bedroom Home in Boca is the best buy around! Relocation Sale!

      Single Family Homes in Boca Raton are Selling Fast!

      This 4 bedroom 3 bath home in Boca Chase is a great value! Now priced at only $300,000, this home won't last long. 

      11080 LAKEAIRE CIRCLE, BOCA RATON, FL

      SORRY, I'VE ALREADY SOLD THIS HOME! IF YOU'D LIKE ME TO HELP YOU SELL OR BUY, I WELCOME YOU TO CONTACT ME FOR A NO-OBLIGATION CONSULTATION. I'M HERE TO HELP! 

                 
      If you'd like to search the MLS for Boca Raton Homes in 33498 (where Boca Chase is), I've built an MLS search for you here.

      Rare opportunity for a highly updated 4 bedroom, 3 bath Boca Raton home with 2 master suites, new kitchen with granite countertops, new roof, porcelain tile floors, large screened patio, fenced yard, and private backyard with no rear neighbors and views of water and preserve. Just a short walk to community pools, tennis courts, basketball courts, and more! Popular Boca Chase development is conveniently located. Great Boca Raton schools! Sunrise Park Elementary, Eagles Landing Middle, and Olympic Heights High School. Feel free to contact me for information on this home or any other property. 

      Click for more photos



      Monday, April 27, 2015

      South Florida Waterfront Property

      There is an abundant variety of waterfront property for sale in South Florida. Lucky for me, I’m a top real estate agent in Boca Raton. I sell Atlantic Oceanfront condos and beach homes, and waterfront homes and condos on the Intracoastal Waterway, from luxury homes to seasonal condos.

      Whether you're seeking a second home, vacation home, seasonal home, or year 'round homestead, there are ample options…. quaint homes on deep water ocean access canals, townhomes with docks, single family homes, condos and townhomes in communities with marinas and boat docks, high rises with endless views, and luxury homes on point lots with deep water frontage adequate for one or more yachts with no fixed bridges to the ocean. Some condos even have both Intracoastal views and ocean views.
      Some of the most popular Florida coastal communities for homes by the water include Boca Raton and Delray Beach, with Highland Beach nestled between the two. To the north, Ocean Ridge, Malanapan, and Palm Beach offer many great options. There are also some great spots to the south, including Deerfield Beach, Hillsboro Beach, and Pompano Beach. If you’re relocating to South Florida and would like to learn more about the area from a longtime resident Realtor, it will be my pleasure to help, and I welcome you to contact me directly.

      In terms of walkability and pedestrian opportunities, several waterfront communities have a lot to offer. There are always people out on the street browsing shops, sitting outside at cafes and restaurants, or enjoying the many events and fairs in Downtown Delray Beach and Mizner Park in Boca Raton.

      View New Property Listings Find Out Your Home's Value


      There are waterfront condos, townhomes and single family homes in Delray Beach and Boca Raton that are an easy walk to nightlife on Atlantic Avenue in Delray, or Mizner Park and Royal Palm in Boca. The only place to eat and drink in Highland Beach is the Delray Sands (formerly the Highland Beach Holiday Inn), which draws a great clientele, and both Atlantic Avenue in Downtown Delray and all the shops and restaurants in Boca Raton are only a few minutes away by car or boat. I’m happy to help you focus your search for listings on waterfront properties that most closely match your preferences.


      There are also homes and condos near great pedestrian spots in Palm Beach, Deerfield Beach by the pier and boardwalk, Pompano Beach by Atlantic Blvd.


      If you would appreciate professional advice and assistance from a top real estate agent with buying or selling your property, I’m here to help. Contact me for a no-obligation consultation, home value analysis or MLS listings searches and listing updates. I’m easy to reach by phone, text and email.


      Long Unobstructed Direct Ocean View from Beachfront Condo looking North to Hillsboro Inlet
      In terms of home prices, single family beach homes for sale and homes for sale with dock on the Intracoastal run well into 7 and 8 figures, depending on location, lot size, square footage, condition of the property and level of upgrades. Prices for townhomes, condos, and single family hom
      es on canals or with marinas near or in the community start at around $300K and go into the 7 figures.

      Prices for oceanfront condos for sale with direct ocean view begin around $300K, with variations depending on the building, upgrades, square footage, and location within the building. Corner unit beachfront condos for sale with long beach views are always in demand and sell quickly. Condos with both ocean views and Intracoastal views are also very popular, often having at least two balconies or a walkaround balcony. Some buyers prefer Intracoastal views, as the night views are much more lively. Some must have the sound of the surf.
      This Beachfront Condo offers stunning direct views of the Boca Inlet and the Atlantic Ocean.
      You can search the listings from the links above, or through the link below. Feel free to contact me if you would like a custom search. I'm also happy to help if you would like a detailed market analysis of your property's value. I love to show and sell waterfront property!