Weiss Clawson's Blog: Palm Beach Gardens Real Estate

We hope to see you Sunday, June 17 from 1 - 4 p.m. at our Ironhorse Country Club open house in Palm Beach Gardens, West Palm Beach. Ironhorse is located just south on Jog Road from the Beeline Highway.

We have a new listing that is just gorgeous and will be open for the public to see at 8657 Preserve Court.  The home has three bedrooms, two and a half baths and sits on a beautiful .45 acre lot far from the road or any distractions. In fact, there is a waterfall, stream and Koi pond stocked with pretty fish adjacent to the house.  Just relax in the large screened and roofed porch and watch the fish dart around the lovely water lilies.

Total square footage under air is 2815 and includes a huge master bedroom with sitting area and well appointed master bath…

If you are interested in buying a home in Palm Beach Gardens, West Palm Beach, Juno Beach, North Palm Beach, Jupiter or throughout Palm Beach County, you are likely watching with anticipation as lawmakers convene in Tallahassee to work on property tax relief for all Floridians.

The legislature will be in special session for the next 11 days solely to work on property tax relief.  Several proposals have been discussed and written about.  The most prominent of these would cut taxes an average of 7 percent, though it is expected to be closer to 9 percent in Palm Beach County, and would change the Save Our Homes provision that allows homesteaders a $25,000 exemption on property value and caps their tax increases at 3 percent a year.

Many of our clients, both…

Palm Beach Gardens, West Palm Beach, North Palm Beach, Juno Beach and Jupiter homeowners, and those looking to buy homes in these communities and throughout Palm Beach County are all seeking lower home insurance bills.

We have found that a simple and inexpensive home inspection may save you hundreds or even thousands of dollars on your home insurance. 

The windstorm or hurricane premium portion of your home insurance coverage (the section that often comprises the largest component of the bill) may be eligible for major discounts.  If you do not have hurricane or windstorm coverage, these discounts are not applicable.  Discounts can be applied by your insurance company if your home was constructed to protect it from damage or destruction or if…

It may be time to lock in your mortgage interest rate in you are interested in buying a home in the next few months in Palm Beach Gardens, West Palm Beach, Jupiter, Juno Beach, West Palm Beach or throughout the Palm Beach County area.

Mortgage interest rates have increased for the fourth week in the row and now stand at 6.53 percent nationally for a 30-year fixed mortgage, up from 6.42 percent last week. 

For the increasingly popular 15-year fixed mortgage, rates are at 6.22 percent nationally, up from 6.12 percent last week.

In Palm Beach County, the 30-year fixed rate mortgage ranged from 5.97 per cent to 7 percent while the 15 year fixed rate mortgage ranges from 5.95 percent to 6.75 percent.

Most students of the economy are attributing the…

Are you getting frustrated because you put your home up for sale a few months ago and you still have not had even one offer?

Did you buy a home in Palm Beach Gardens, West Palm Beach, North Palm Beach, Jupiter, Juno Beach, or in many communities throughout Palm Beach County in the past two or three years and now want a huge profit on your investment?

The most likely reason your home is not selling is pricing.

One example we came across recently is a seller  wanting 50 percent profit on a home he bought about two and a half years ago.  He bought the home in December, 2004 for $439,000.  He now has it on the market for $660,000.  That kind of price appreciation was possible a few years ago, but it is not happening today.

Many interested buyers are…

The number of homes sold in Palm Beach Gardens, West Palm Beach, North Palm Beach, Juno Beach, Jupiter and through the Palm Beach County area continued to decline throughout the first quarter of 2007

Home prices throughout the Palm Beach Gardens area also declined for the period.

There was a 17 percent decline in the number of Palm Beach County homes sold, dropping from 804 in April 2006 down to 665 in April 2007.

Similarly, median home prices during the same period declined 3 percent, going from $386,500 in April 2006 down to $376,300 in April 2007.

One main reason for this ongoing decline in sales and median home prices is that sellers continue to overprice their homes.  Buyers are refusing to pay inflated prices in this market and many have decided…

Nearly 300 homes entered foreclosure in Palm Beach Gardens during the first quarter of 2007.  Throughout Palm Beach county more than 4000 homes were turned over to their mortgage company.  And another 4000 are in various stages of pre-foreclosure.

These homes added to an already large number of homes on the market in Palm Beach Gardens, West Palm Beach, and throughout Palm Beach County have begun to cause a decrease in prices as we enter another period of our slower market.

In fact, prices of homes are down about 3.5 percent from January to March of 2007.  On an annualized basis, that would be a more than 20 percent reduction in home resale prices.

But it is a great time to buy a new home in Palm Beach Gardnes, West Palm Beach, North Palm Beach, Juno…

Come to Palm Beach Gardens Premiere Estate Community Sunday, April 29 and discover a unique community in the heart of the city.

The Weiss-Clawson Team will be holding open a home at 5149 Desert Vixen Road from 1 - 4 p.m. on Sunday.  This home is a unique, design, looking more like a Colorado mountain home than the traditional Mediterranean style common to Florida.

Desert Vixen has four bedrooms, three bathrooms, a fireplace and a pool.  There is a loft bedroom on a mini second floor.  The pool and patio are screened and the home sits on a bit more than one acre in Palm Beach Gardens.

Discover Steeplechase!   The Weiss-Clawson Team includes a Steeplechase resident member.  We will show you this home, but can also show you all of the homes for sale in…