Condo prices in the Palm Beach area have been on a steady rise for some time now. The average sale price of a condo or townhome in Palm Beach County was up 54% year over year in December.  According to the same market study produced by the Florida Association of Realtors, nearly 80% of [...]

According to Realtor.com search statistics, West Palm Beach comes in ahead of both Ft. Lauderdale and Miami as the most heavily searched metropolitan area in South Florida.  In fact, West Palm Beach was ranked 16th in the entire nation!  The Monthly Housing Summary posted on Realtor.com shows listing inventory decreasing more than 15% year over [...]

It’s safe to say that the local market for condos and townhomes in Palm Beach County has shown clear signs of recovery.  The following statistics are from the April 2012 year-over-year analysis from the Market Overview provided by the Realtor’s Association of the Palm Beaches.   The number of listings coming on the market from [...]

  Times have changed.  The common thought among buyers over the past few years has been to make lowball offers on short sales, REO’s, foreclosures and even regular resales to see what kind of a “deal” they can get.  Today, that strategy doesn’t work.  Not only does the strategy no longer work, it can even [...]

Palm Beach Condo Company’s main focus, as you may have guessed, is to work with buyers, sellers, landlords and tenants within the condo community of Palm Beach County.  Shocking… I know.  We’ve found that many of our buyers, who happen to originate from beyond our national boarders, are capitalizing on a favorable exchange rate to [...]

After a half-century of energy production, FPL will implode their Riviera Beach power plant this Sunday, June 19th at 8am.  The plant has been an unmistakable eye sore for residents on the north end of Palm Beach Island, northern West Palm Beach and Riviera Beach for decades.  We at Palm Beach Condo Company believe this [...]

According to the latest housing statistics from Florida Realtors, Florida’s existing home and condo sales rose in the first quarter of 2011 when looking to the same period last year.  Existing home sales increased 13 % while existing condominium sales rose an astonishing 29%, compared to the statistics from a year ago. Dr. Sean Snaith, [...]

The quantity of low priced inventory on the market is shrinking by the day.  Condo buildings that once had a plethora of options at the $100,000 price point no longer offer the same quantity of inventory. Palm Beach Condo Company studies the supply of the marketplace daily.  Over the past few weeks, we’ve noticed a [...]

Mr. Frank Howard Jr, a Jupiter native, is the managing partner of Gulfstream Capital Partners, a Dallas based firm. Gulfstream Capital Partners acquired the remaining 305 units of inventory at CityPlace South Tower in late 2010.  Prior to Gulfstream’s purchase, a Scotia Capital-led conglomerate of lenders proceeded with a friendly foreclosure on The Related Group [...]

Whether its rubbing elbows with The Donald at his Mar-a-Lago club, singing a couple of bars with Rod Stewart or Celine Dion or maybe even playing a couple rounds of golf with Tiger, Greg Norman or Jesper Parnevik, Palm Beach is the spot to be!  It’s no secret that Palm Beach has long been the playground for [...]