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Market Conditions in 33413 : Real Estate Advice

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  • Local Info6
  • Home Buying5
  • Home Selling2
  • Market Conditions0

Activity 22
Mon Sep 16, 2013
Kimberly Bright answered:
Mon Mar 25, 2013
Tom Priester answered:
Dear Vince,

The property you are inquiring about is a condominium and is located in Ibis Golf and Country Club in West Palm Beach. Ibis is a tremendous facility but is a private equity club with significant fees. They have 4 different levels of membership with initiation fees starting at $40,000 for the Social Sports Membership up to $80,000 for a Premier Golf Membership. Annual dues start at $4,843 and go up to over $11,000 depending on membership classification.

Like most private clubs Ibis is struggling with higher real estate inventory that the overall market. Baby boomers are not as interested in golf as the central focus of their lifestyle and all clubs are positioning themselves with various ideas to attract younger members. It is an excellent time to buy for those interested in a private club as there are many very motivated sellers out there.

The best thing you can do in today's active market is clearly define your housing objectives and determine what areas will meet your needs. Inventory levels are very low and finding homes is a much more difficult task than it was a few months ago. If you would like to further discuss your particular situation and put together a game plan to meet your goals please feel free to contact me at your convenience for a complimentary consultation. I would be honored to be on the list of Realtors® you may choose to interview to assist you and your family find the perfect Florida home.


Best of luck and if I can offer anything additional please let me know.



Tom Priester e-PRO
"Results Driven Real Estate"

Keller Williams Realty
561 308-0175
tom@tompriester.com
... more
0 votes 1 answer Share Flag
Fri Mar 22, 2013
Edith Karoline Jasser answered:
asked and answered.....
Good Luck to you

Sincerely yours,
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and
Investors alike....And always with a SMILE :)

Covering for @Properties Chicago & suburbs, and with her trusted Partner
Agents US & world wide properties. French, German, some Spanish &more EdithSellsHomes@atproperties.com or EdithSellsHomes@gmail.com
Check out my website at http://tinyurl.com/YourRealtor4Life
Get to know me! Learn about my experience, expertise, services! Read letters
of recommendation! Sign up to search for properties in my expanded service area.
HAVE THE MOST WONDERFUL DAY :)
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0 votes 2 answers Share Flag
Fri Mar 22, 2013
Jacquie Yekmalian answered:
How can I help you regarding 1453 Lake Crystal Dr
isellflahomes@gmail.com
561-868-0591
0 votes 2 answers Share Flag
Mon Sep 16, 2013
Lilianna Gizynski answered:
Yes the membership is mandatory in Ibis community
http://www.teammaxrealty.com/page26.html
Lilianna G
0 votes 7 answers Share Flag
Wed Mar 20, 2013
Jacquie Yekmalian answered:
Every Country club is different on how they charge maintainace fee and club memberships. If you send me a list of country club communities your interested in Ill find out for you.
I do have valuable information on my webite regarding country clubs too.
go to http://www.isellflahomes.com/golfandcountryclubcommunities

Jacquie Yekmalian
RE Broker
561-868-0591
isellflahomes@gmail.com
... more
0 votes 7 answers Share Flag
Thu Mar 21, 2013
marc jablon answered:
The answer to your question is "very little." That is because this West Palm Beach home is in the Ibis Country Club, which is a beautifully maintained golf and country club west of West Palm Beach.

Your country club fees, however, which are mandatory, will allow you to use the clubhouse and its dining facilities.

Your HOA mostly goes toward the common area maintenance, the gate and the guards, and basic cable, which is what most HOA fees take care.

If you're looking for a country club lifestyle, Ibis is a wonderful place to live. If you're looking for a well priced home in a very appealing neighborhood, but you do not wish to cover the expenses involved in country club life, then you may want to ask your West Palm Beach real estate agent to help you find a home in another community in West Palm Beach.

Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
JablonTeam@gmail.com
561-213-6139
http://www.JablonTeam.com
... more
0 votes 3 answers Share Flag
Thu Mar 14, 2013
Lilianna Gizynski answered:
No, one of the owner have to be over 55+ on day of the closing, However search for more great deals in Palm Beach County on my webpages on http://www.teammaxrealty.com/search.html, or me directly at 561 512 0459 ... more
0 votes 2 answers Share Flag
Mon Sep 2, 2013
marc jablon answered:
If you're looking for a home in West Palm Beach, you can ask any real estate agent for help. Anything that is currently available is shown in the multiple listings, and every agent has access to this information.

It is very possible that the particular property you have in mind is already in contract. But, once you give your your West Palm Beach real estate agent an idea of what you're looking for, that agent will be able to help you locate a property that works for you.

Marc Jablon, The Jablon Team
Re/Max Complete Solutions
JablonTeam@gmail.com
561-213-6139
... more
0 votes 1 answer Share Flag
Thu Jan 3, 2013
Katie Ingram answered:
The fees for this unit are approx $223/month.

Katie Ingram, Realtor®, CDPE, CFA
561-389-7863
www.katieingram.com
* Serving Buyers & Sellers in South Florida since 1999
0 votes 2 answers Share Flag
Wed Jun 27, 2012
Jim asked:
Mon Jun 18, 2012
Diana De Paola Nardy answered:
I will talk to my expert in commercial properties downtown and get you more details. He has bought and sold many over the years and currently involved in doing the same again. Downtown continues to grow. Kind regards,
Diana
... more
0 votes 1 answer Share Flag
Tue Sep 11, 2012
Lilianna Gizynski answered:
all depends what price range, there are many gated communities built after year 2000, still big time under water, you can get more house for your many... if you are investor, there are many townhouses available in West Palm Beach area, like Sandalwoods, Woodstock... ... more
0 votes 1 answer Share Flag
Fri Sep 14, 2012
C King answered:
Hi Pilau, I think it is a great time to buy a condo in the West Palm Beach area as prices are very low with a large selection available. I would be glad to be of service to you and sit down, discuss some options and take the time to show you what is on the market. Please call/text or email me at your earliest convenience.

Chris King, Realtor
Mirsky Cole & Co.
561.281.6509
King@seekingpalmbeach.com
... more
0 votes 11 answers Share Flag
Sun Jun 12, 2011
Kevin Cloutier answered:
More of the same in my opinion. Banks have shadow inventory to release , short sales still take forever, and existing REOs are plentiful Banks trying to increase FHA down payments and don't want to lend ecept to those that don't need it.
The other shoe hasn't dropped yet either. All those people paying on a house 2 or 3 times what their new neighbor paid recently.
That's going to keep lots of people renting but will now include people with good paying jobs now looking to take some apartments and homes that would have gone to borderline renters before. Landlords are going to buy for cash properties even cheaper than before and will be able to keep rents low and make the same if not better margins.
What I see is investors that bought so cheap, they will consider owner financing to resell at a better prove and rate than a bank could or would offer.
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0 votes 6 answers Share Flag
Sat Nov 27, 2010
Tracie Copeland answered:
Hi Brian,

The community has a very healthy rental market. I have a client that bought in there and have had great success renting in out for the past two years. The community seems to have a decent sales market also, but with the new communities, it's a gamble with homeowner's not making their HOA payments and your rates rising or having financing issues when buying.

The Mall has not helped, that's for sure, but the addition of the new Target close by does. Data shows recent buyers have purchased FHA, but not many. Cash is the majority in this community. The best bet is to go with an older community that has more reserves built up so they do not raise the HOA dues, if that is your worry.

Hope this helps!!

Tracie
... more
0 votes 2 answers Share Flag
Mon Oct 4, 2010
Kevin Olson, Jessica Laude answered:
Hello Marsha,

In more metro areas I've had a lot of luck with rent.com, roomate.com (works with multi unit properties), zillow, move.com, rentals.com, and forrent.com. Most have deals or promo codes so you can post at no charge multiple times. ... more
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Wed Nov 28, 2012
Tom Priester answered:
Kevin,

There are a tremendous number of other factors that will help me provide an answer to your question. It sounds like you are looking for a seasonal tenant. I am guessing that you are not in an area with any homeowner association rules regarding lease terms.

With a seasonal tenant the condition of the home, the location of the home, the quality and taste of the furnishings, the length of the lease and most importantly the marketing will all play roles in what you might be able to get.

I hope that this information helps answer your questions but if I can offer anything additional please feel free to contact me at your convenience,


Always at Your Service,


Tom Priester e-PRO
"Results Driven Real Estate"

Keller Williams Realty
561 308-0175
tom@tompriester.com
... more
0 votes 8 answers Share Flag
Thu May 2, 2013
Tom Priester answered:
John,

As you are probably aware the agency who holds the listing has little to do with the successful completion of a transaction. Instead it will be the listing agent and their ability to properly price and market the unit so it drives enough traffic to get offers on the table.

There are numerous oceanfront buildings on the island and each needs to be looked at individually. Overall on the island there are 276 units currently listed starting at $119,900 and going up to $4,400,000. Over the past 6 months we have had a total of 71 sales so there is currently in excess of a 23 month inventory so there should be additional downward pressure on pricing as we move forward.

If you would like additional information about a specific building, or buildings, please feel free to contact me and I will be very happy to put that information together for you.


Always at Your Service,


Tom Priester e-PRO
"Results Driven Real Estate"

Keller Williams Realty
561 308-0175
tom@tompriester.com
... more
0 votes 5 answers Share Flag
Fri Jun 24, 2011
Linda Lackey answered:
Unfortunately no one can predict when this market will change. Our economy has a lot to do with our market. Property Taxes have gone sky high. Cost of living for all has increased. Paychecks have either decreased, not changed at all or have been eliminated completely due to our economy. We have a long journey ahead before the market will be what it once was. ... more
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