Tom Priester's Blog

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Real Estate Broker/Owner - Paradise Sharks Real Estate - BK3087579

ARCHIVED BLOG POSTS

2011 

After a Volatile Year of Foreclosures Looking Forward to a New YearAfter a year where over 1,000 properties a month were foreclosed upon in Palm Beach County the real estate market snapped them up and we end the year with some of the lowest inventory numbers we have seen in a very long time. Pric...
12/30/2011
30 Year Fixed Interest Rates Stay Below 4% for 3rd Record Week After a tremendous holiday weekend it is time to start thinking once again about real estate. Santa Clause made his annual pilgrimage and it was so nice to spend some down time with family and friends. With New Years a few short days ...
12/26/2011
Third Party Bidders Set Record Taking almost 24% of Foreclosed Properties What a week it was in the world of foreclosures in Palm Beach County. One would think a shortened calendar with only 4 auction days the week before Christmas would be a yawner. But certainly not too many were sleeping as t...
12/23/2011
King of the the Parrothead Nation Finds a New Roost Close to A1AJimmy Buffett, troubadour, film maker, restauranteur, and King of the Parrothead Nation apparently could not stay away from Highway A1A for long. After selling the oceanfront home he owned with his wife Jane for over 16 years back in...
12/22/2011
30 Year Fixed Interest Rates Stay Below 4% for 2nd Record Week For the first time ever, interest rates held below the 4% threshold for an incredible second straight week. It has now been 5 weeks since we saw rates increase which is a great holiday present for borrowers. Bank’s still have plenty o...
12/18/2011
Third Party Bidders Snag almost 20% of Foreclosed Properties Banks continue to lower the amounts they are willing to bid at Palm Beach County foreclosure auctions and investors remain lined up to jump on the opportunities that make sense. No doubt this market and the banks desire to lower their ...
12/17/2011
Pending Home Sales in Hobe Sound Increase by 23% in One Month   The local real estate market continues to change on a daily basis and the traditional ebb and flow is amazing to watch. This is our last update of pending home sales in 2011 and what a year it has been. Inventory levels have shrunk d...
12/15/2011
Pending Home Sales in Jupiter Ahead of 2010 level by 28%   The local real estate market continues to change on a daily basis and the traditional ebb and flow is amazing to watch. This is our last update of pending home sales in 2011 and what a year it has been. Inventory levels have shrunk dramat...
12/15/2011
Pending Home Sales in Palm Beach Gardens Down Slightly   The local real estate market continues to change on a daily basis and the traditional ebb and flow is amazing to watch. This is our last update of pending home sales in 2011 and what a year it has been. Inventory levels have shrunk dramatic...
12/15/2011
Pending Home Sales in Tequesta Down Slightly   The local real estate market continues to change on a daily basis and the traditional ebb and flow is amazing to watch. This is our last update of pending home sales in 2011 and what a year it has been. Inventory levels have shrunk dramatically, pric...
12/15/2011
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Tom Priester

Paradise Sharks Real Estate
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