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 [...]
Continue reading →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 [...]
Continue reading →A founder and former COO of ForSalebyOwner.com, a popular website for owners looking to sell their home without the help of a local real estate broker, found himself with his foot in his mouth. After spending 6 months trying to sell his two-bedroom Chelsea condominium using online listings and classified ads, Colby Sambrotto hired a [...]
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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 [...]
Continue reading →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 [...]
Continue reading →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, [...]
Continue reading →Florida State University President, Eric Barron, and Digital Domain Chairman, John Textor, were on hand earlier this week for the official introductory ceremony of the new Downtown West Palm Beach campus where students will earn a Bachelor degree in Fine Arts and eventually a Masters degree in Digital Media. This new scholastic program will couple [...]
Continue reading →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 [...]
Continue reading →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 [...]
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Palm Beach Condo Company recently checked in on City Palms. For those of you not “in the know”, City Palms is an elegant condominium building in the heart of Downtown West Palm Beach. With signature Key West styling, resort-style amenities, and tastefully finished condos, City Palms has proven to be a very popular location for [...]
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