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Market Updates

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September 17th to 20th, 2023, Realtors at Waterfront Properties and Club Communities attended the 26th Annual Luxury Real Estate Conference in Salt Lake City, Utah. The conference, organized by Luxury Real Estate, was a gathering of the world’s top luxury realtors and brokers, allowing our realtors to learn from global market leaders and vendors.

Harrison Allen, David Abernathy, Rob Thomson, and Jack Thomson at the 26th Annual Luxury Real Estate Fall Conference

Luxury Real Estate is a global network of realtors and brokers, with 130,000 members across more than 60 countries. Their website – which was featured in Forbes – showcases more million-dollar listings than any other network. Collectively, members of Luxury Real Estate contribute over

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The Palm Beach County real estate market continues to show resilience and growth in June 2023, with single-family home new pending sales and total showing appointments in South Florida both rising year-over-year, according to recent statistics released by the MIAMI Association of Realtors and the Multiple Listing Service (MLS) system. 

In June 2023, new pending sales of single-family homes in Palm Beach County increased by 2.1%, reaching a total of 185 transactions. Simultaneously, South Florida's showing appointments saw a significant 7% year-over-year increase, from 218,973 to 233,675 appointments, marking the second consecutive month of growth in this area.

A notable trend contributing to the real estate surge in Palm Beach County is the influx

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According to the Miami Association of Realtors and Multiple Listing Service, The Palm Beach County real estate market continued to be strong in May 2023, with single-family luxury home sales up year-over-year and inventory still near all-time lows.

Single-Family Luxury Home Sales

Single-family luxury home sales in Palm Beach County rose 3.3% year-over-year in May 2023. This was driven by a surge of homebuyers from high-tax, high-density states such as New York and California.

Inventory Still Near All-Time Lows

While inventory is rising, Palm Beach County inventory is still near all-time lows. The monthly historical average for Palm Beach inventory is 16,196 and current inventory is at 7,198. Total inventory is down 46.8% from pre-pandemic (May

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Waterfront Properties and Club Communities wishes you an extremely healthy, happy, and prosperous New Year! January 1 is New Year’s Day. It is a time of optimism, planning, and resoluteness. There is a feeling that this year we will make the changes we have been meaning to do. Exercise more, eat better, more rest, start saving, or a new job. New Year’s Day is about taking a moment to get ready for everything that is about to unfold.

Happy New Year from the staff and agents at Waterfront Properties!  Wishing you all the best! Cheers!

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The housing forecast for 2023 is mixed. The housing market has seen an extraordinary rise in home prices this past year. Most experts in the housing industry predict less buyer demand, lower prices, and higher borrowing rates. According to The Business Journals and Forbes here are a couple of predictions for the 2023 housing market for in-demand markets.

Southeast Florida and New York City are examples of in-demand markets. South Florida is improbable to see a major setback in values and will likely show modest price growth up to 5% from current levels. The Northeast is seeing a return of buyers to more urban areas such as New York City. New York City is unlikely to see any major adjustment due to the limited number of turnkey homes for sale,

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We are thankful for loyal clients, agents, and staff! Your continued support of Waterfront Properties and Club Communities means so much! We want to take a moment to raise a glass of thanks and gratitude in your honor. 

Cheers and Happy Thanksgiving! 

Rob Thomson, Owner 

Waterfront Properties and Club Communities

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Today we remember the lives of the many individuals who perished on 9/11 and salute the fallen heroes who fearlessly acted and served on that tragic day. To the victims, families of the fallen and the survivors dealing with the loss…we will #neverforget.

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The Bamboo Room is an excellent place to enjoy a night out on the town! They offer weekly events and provide the best in live music and entertainment for mature crowds! The bamboo Room offers a stunning location to exchange wedding vows and celebrate significant moments.  

It is an extraordinary setting at great value for your money. The Bamboo Room is located at 25 South J Street in Lake Worth and is hosting "Saturdays at the Bamboo Room". This weekend they are hosting September 10, 9:00 PM – September 11, 2:00 AM.  It is sure to be the hottest party on a Saturday night! Make reservations here through Eventbrite.

They offer guests more than just a party! This is an experience! The Bamboo Room is a premier event space located in Palm

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Homes prices in Palm Beach County and Martin County can seeming be all over the place price wise. The following information is not verified for authenticity or accuracy and is not guaranteed. Note properties listed in these areas can range from $10,000’s below average to $100,000’s above the average. This is where a Waterfront Properties and Club Communities real estate specialist becomes a valuable tool to work with when searching for your next home! 


Hutchinson Island South Homes for Sale     $567,617

Stuart Homes for Sale                                   $401,642

Palm City Homes for Sale                              $674,566 

Hobe Sound Homes for Sale                          $522,899

Jupiter Island Homes for

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