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Palm Beach County Real Estate Blog

Wednesday, August 28, 2019   /   by Carl Gentile

Hurricane Dorian Prep List

Hurricane Dorian Prep Checklist
with Hurricane Dorian approaching South Florida it's important to start your hurricane prep early and to be prepared in case of the worse. At this time, forecast predictions show the storm can go anywhere right now from the Keys to Georgia to the Carolinas, it's still too early to know for sure, but it is advised and wise to be ready. Below is a list of supplies we suggest you should be prepared with in case of loss of power or dangerous road conditions for multiple days.

HURRICANE KIT: Assemble this before the storm


Flash lights and extra bulbs
A wind up or battery operated clock
Battery Operated Radio
NOAA Emergency Wheather Radio
Extra Batteries
Toliet Paper
Matches
Scissors
Plastic Garbage Bags
Working Fire Extinguisher
A Clean Change of Clothes, Rain Gear, or Sturdy Swamp Boots
Fully charged, battery operated lanterns
Map of the Area
List of Important Phone Numbers
Copy of your insurance policy
Cash - the ATMs if powe ...

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  palm beach county

Tuesday, July 30, 2019   /   by Carl Gentile

How to Increase Your Equity Over the Next 5 Years

Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers.
Here are the results from the Q2 2019 Survey:

Home values will appreciate by 4.1% in 2019
The average annual appreciation will be 3.2% over the next 5 years
The cumulative appreciation will be 16.8% by 2023
Even experts representing the most “bearish” quartile of the survey project a cumulative appreciation of over 6.7% by 2023

What does this mean for you?
A substantial portion of family wealth comes from home equity. As the value of a family’s home (an asset) increases, so does their equity.
Using the projections from the HPES, here is a look at the potential equity a family could earn over the next five years if they purchased a $250,000 home in January of 2019:

Based on gains in home equity, their family wealth could inc ...

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  palm beach county, jupiter florida, palm beach county real estate, real estate, wealth preservation

Thursday, June 20, 2019   /   by Carl Gentile

June Real Estate Market Update

May numbers progressively increased in comparison to April figures in 2019. As economic indicators have improved, Buyers have resurface and are out in full force in the single family market. We predict strong numbers to continue through Summer 2019. Dropping interest rates have increased. once again. the buying power for many home buyers. 

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  palm beach county, market updates, real estate

Wednesday, June 19, 2019   /   by Carl Gentile

Dealing With Hardwood Floor Scratches

Dealing With Hardwood Floor Scratches

Hardwood floors are highly desirable for most homeowners, but they come with their share of challenges when it comes to cleaning, maintenance, and repairs. After a few months or years of heavy use from kids playing with toys and chairs being shuffled around, it may be time for some DIY fixes.
Hiding scratches: If you’ve got a good eye for matching colors, you can actually use crayons or markers or purchase wax sticks from the hardware store to fill-in scratches. Try to match the stain color on your floors, but don’t worry if it’s a little off. If the color is close, once the scratch is filled, it’ll look like a variation in the wood grain.
Polishing floors: You can make a polish solution for your floors from household ingredients. Mix olive oil and vinegar in equal parts, pour it directly into scratches, and then wipe it off after 24 hours. It may take several applications, but this homemade polish will fill a ...

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  jupiter florida, real estate, homeowners, hgtv

Friday, May 24, 2019   /   by Carl Gentile

May Luxury Market Update - The Palm Beaches

May - Luxury Real Estate Numbers from April 2019

End of season here in the Palm Beaches usually comes around April 15th, but this year numbers showed different. We saw a 15% increase in number of homes sold from March to April, from 33 to 38 in our luxury market single family homes and a 38% increase from 32 to 44 sold in our luxury condominium category. The Palm Beaches continues to remain as a strong, growing market as people and companies continue to escape high tax states. Inventory continues to drop as a combined total of 14% down from March as season lasts longer and more individuals and families continue to homestead here in the Sunshine State.

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  palm beach county, market updates, jupiter florida, palm beach county real estate