Weiss Clawson's Blog: Palm Beach Gardens Real Estate

There are almost 2000 homes for sale in Palm Beach Gardens --  single family homes, townhouses, condos and even mobile homes.

You may be sitting on the fence, waiting for the market to bottom before you decide to move forward with your purchase.  But why wait?

Prices today are about where they were four years ago as short sales and foreclosures continue to flood the market bringing downward price pressure on sellers.  We are seeing identical homes on the market at dramatically different price points because one is a foreclosure and the other is just a regular sale.  Disparities can reach hundreds of thousands of dollars.

More homes are still coming on the market every day than are sold or are removed from the sales arena.  This too is causing lower…

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The prices of homes in Palm Beach Gardens' Ironhorse Country Club continue to come down,  but the rate of decline is less than that of homes throughout Palm Beach County indicating a possible bottoming of prices in the community.

Looking at home prices in Ironhorse from January 2008 through July 15, 2008 , we find prices declined about 7 per cent throughout the community when compared with the same period in 2007.  The number of sales however have increased as buyers recognize great values available in this small and intimate country club community. 

Between January 1 and July 15, 2007 five homes sold in Ironhorse at an average dollars per square foot of $189.  Most of these homes were under 3000 square feet with just one over 4500 square feet.  Between…

If you are on the fence about continuing to rent for another year in Palm Beach Gardens, or your just not sure whether this is the time to buy that winter vacation home, come and take a look at all the wonderful homes home the market in Palm Beach Gardens this summer.

There are single family homes, condos and townhouses in country club communities, with water and/or golf views, on natural preserves or with garden views.  You can have a pool in your backyard or no backyard at all.  Cost of that new home can range from the $100,000's up in to the millions of dollars. 

Prices are down to the levels they were four years ago so there are many good deals to be inked.  There are many fine homes for sale just waiting for new owners, interest rates remain…

If you bought a single family home in Palm Beach Gardens, West Palm Beach or throughout Palm Beach County in October 2004, the market value of your home has run up and back down again.  There is virtually no appreciation in your home today.  In fact, if you are trying to sell now it may cost you money considering your closing costs.

The median sales prices of a single family home in Palm Beach County for the first quarter of 2008 is $334,500.  That is slightly below the $335,100 median sales price of a Palm Beach County single family home in October 2004, according to statistics released by the Florida Association of Realtors.   And the number of home sales in Palm Beach County is also down, about 11 percent in first quarter 2008 compared with first…

Have you been out lookiig for your dream house in Palm Beach Gardens, but can't find exactly what you want?

Maybe it's time to consider building a home in Palm Beach Gardens Premiere Estate Community of Steeplechase.

This unique community has just 324 homes, each sitting on an acre or more of prime, in-town land.  Located on Northlake Boulevard, west of Military Trail and east of the Turnpike, Steeplechase is convenient to all shopping, including the Gardens Mall, major roadways, superb restaurants and just about 15 minutes to north Palm Beach County's best beaches.  It is a neighborhood of  estate homes, no community clubhouse, tennis courts swimming pools or golf courses so privacy abounds. 

Homes generally range in price from the mid $600,000 for…

Figures  just released by the Florida Association of Realtors show the number of single family homes sold in Palm Beach County is increasing significantly as prices continue to decline.

More homes were sold in March , 2008 than in February, 2008  by about 30 percent.  The numbers show 572  single family homes sold in March in Palm Beach County compared with just 401 homes sold in February.  And prices continue to decline.  The average sale price for a single family home in Palm Beach County in March was $320,200 compared with $344,600 in February, a drop of about 7 percent.

This numbers mirror research The Weiss-Clawson Team completed earlier this month in some of the communities we follow closely.  Steeplechase, Palm Beach Gardens premiere estate…

The 2008 winter season in Palm Beach Gardens is winding down as we approach May.  Many seasonal residents have left the area and, with their departure, they have put their homes on the market.

Some have already purchased new homes for next season but many will return in late spring or early fall, when prices are at their lowest, to purchase property.

Statistics show both sales and prices are down this spring as we endure the third year of our housing slowdown. It is a wonderful time to buy!!

Consider Ironhorse Country Club, a small, friendly neighborhood in Palm Beach Gardens/West Palm Beach.  There are full country club amenities in this community of just 324 homes.  Today there are 37 homes on the market in Ironhorse with two under contract.  Four…

Homes sales are increasing slightly during the first quarter of 2008 in Palm Beach Gardens premiere estate community of Steeplechase.  Four homes sold during the first three months of the year, putting sales at an expected level of 16 for Steeplechase this year.  This would be slightly higher than the 10 homes sold in Steeplechase during 2007.

Prices in Steeplechase continue to drop. 

The four homes sold in Steeplechase averaged $273 per square foot, down from $297 in 2007, a decline of about 7%.  There were no foreclosed or “short sales” in Steeplechase during the first quarter of 2008. These lower than market value sales tend to significantly decrease property values in a community.

There are a moderate number of Steeplechase homes on the…