Friday, March 21, 2025 / by Tov Charm
Luxury Living in Boca Pointe – Just Listed! 7572 Regency Lake Drive #601, Boca Raton
If you’re looking for spacious, light-filled living with stunning golf course views, this 2-bedroom, 2.5-bathroom condo in The Regency at Boca Pointe is the perfect opportunity. Offering nearly 2,500 sq. ft., this home combines modern elegance, resort-style amenities, and a prime Boca Raton location.
A Home Designed for Comfort & Style
This condo features modern glossy white porcelain tiles throughout the main living areas, creating a sleek and sophisticated look. The open floor plan enhances the feeling of space, with two full walls of sliding glass doors flooding the living room with natural light and leading to breathtaking golf course views.
Key Features:2 Bedrooms | 2.5 Bathrooms | Nearly 2,500 sq. ft.Updated Kitchen & Bathrooms – Contemporary finishes and quality upgradesImpact Windows – Providing peace of mind and energy efficiency2021 AC – Keeping; ...
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Friday, February 7, 2025 / by Tov Charm
The Florida housing market is experiencing a notable shift as the inventory of available homes increases. This change is influencing the dynamics between buyers and sellers, leading to evolving opportunities and challenges for both parties.
Current Inventory Trends in Florida
As of December 2024, Florida's housing market has seen a significant rise in available properties. The number of homes for sale increased by 22.6% year-over-year, totaling 196,605 active listings.
redfin.com
This upward trend in inventory is attributed to various factors, including homeowners opting to sell due to rising housing costs and an influx of new listings entering the market.
newsweek.com
Implications for Buyers
Increased Options: With more properties available, buyers have a broader selection to choose from, reducing the pressure to make quick decisions.
Potential for Negotiation: The growing inventory may lead to less competition among buyers, providing more room for price negotiations ands ...
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Monday, January 27, 2025 / by Tov Charm
The December 2024 real estate market in Palm Beach County revealed significant trends across single-family homes and townhomes/condos. Here’s a comprehensive analysis of the data, highlighting key changes and their implications for buyers and sellers.
Single-Family Homes
Key Statistics:
Closed Sales: 1,032 (up 6.5% YoY)
Median Sale Price: $622,500 (up 7.3% YoY)
Average Sale Price: $1,066,261 (up 14.6% YoY)
Dollar Volume: $1.1 billion (up 22.1% YoY)
Median Time to Contract: 41 days (up 41.4% YoY)
Months Supply of Inventory: 5.1 months (up 27.5% YoY)
Analysis:
The single-family home market remains competitive, with a notable increase in both median and average sale prices. The rise in inventory (+27.5%) provides more options for buyers, but the extended median time to contract suggests buyers may have more negotiation power compared to last year. However, with closed sales up 6.5%, demand remains robust.
Townhomes and Condos
Key Statistics:
Closed Sales: 654 (down 18s ...
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Monday, September 30, 2024 / by Tov Charm
Owning a home means taking on more expenses than just your monthly mortgage payment. To truly understand the cost of homeownership, it’s important to account for expenses such as property taxes, insurance, maintenance, and utilities. Here’s a breakdown of these hidden costs, with specific insights for homes in Delray Beach, Florida.
1. Property Taxes
In Florida, property taxes generally range from 1.75% to 2% of a home’s assessed value. For a home valued at $500,000 in Delray Beach, you can expect to pay around $8,750 to $10,000 annually. Florida homeowners who qualify for the Homestead Exemption can reduce their taxable value by up to $50,000, and the Save Our Homes cap limits tax increases to 3% per year.
Budgeting Tip: Check your property tax estimate through the Palm Beach County Property Appraiser’s Office to get a clear understanding of what your taxes will be, factoring in any applicable exemptions.
2. Homeowners Insurance
Homeowners insurance ...
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Friday, September 13, 2024 / by Tov Charm
Delray Beach is the ideal place for outdoor enthusiasts. From scenic beaches to nature reserves and coastal bike rides, the city offers a wide range of activities that cater to families, adventurers, and those looking for a peaceful day outdoors. Here’s a guide to some of the best outdoor experiences in Delray Beach.
1. Beach Days
Delray Municipal Beach is a must-visit. Famous for its wide sandy shores and clear blue waters, this beach is perfect for sunbathing, swimming, and playing beach volleyball. If you prefer to relax, you can rent umbrellas and beach chairs. Parking is available along Atlantic Avenue, but it can fill up quickly, so plan ahead. Parking fees are typically around $3 per hour.(Tripadvisor)
If you’re looking for something quieter, Atlantic Dunes Park offers a more relaxed vibe with fewer crowds. You can snorkel, have a picnic, or simply enjoy the sound of the waves. The park provides picnic tables and restrooms, and umbrella setups are available ...
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