Market Updates

South Florida residents should be aware of more restrictive measures announced Thursday by President Biden as the Omicron variant of COVID-19, has been detected in the United States. New regulations are just continuations of what people who have been traveling internationally.

Starting next week, all travelers entering the U.S., regardless of their vaccination status or nationality, must provide proof of a negative COVID-19 test within one calendar day of their departing flight. Previously, a negative test administered up to three days before boarding a flight was considered valid. Biden has also extended the current rule mandating mask-wearing on airplanes, trains, buses, and at airports which were scheduled to expire in January to mid-March. 

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Many people think that real estate in Southeast Florida suddenly comes to a stop when the holiday season approaches. Homebuyers searching during the holidays are typically more motivated to get into a home faster than buyers home shopping during other months of the year. They may also be eager to close on the house before the end of the year, whether it is for tax purposes or to get settled before kicking off a new job.

Consider the following:

1. People who look for a home during the holidays are generally more serious buyers.
2. The supply of homes listed will dramatically increase in January, thusly more product, less demand, demanding in less money for your home.
3. Buyers may be more emotional during the holidays, thusly more willing to pay

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The Southeast Florida housing market reported higher median prices, a rise in all-cash sales, and constrained inventory levels in September compared to a year ago, according to Florida Realtors' latest housing data.  Condominium sales were up but single-family home sales slipped a bit from a year ago. The housing market reported higher median prices, a rise in all-cash sales, and constrained inventory levels in September compared to a year ago, according to Florida Realtors' latest housing data.

Median prices are up, yet inventory continues to lag.

Median prices:

-        up 18.3% for single-family homes,

-        up 17.2% to $255,000 for condos,

-        single-family home sales down 1.3%,

-        condo sales up 4.9%.

“The

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Residents of Florida already know that the Sunshine State is one of the best states to live in and now it has been confirmed by U.S. News & World Report!  Florida ranked No. 10 in U.S. News & World Report’s rankings of best states in the country. It also ranks among the top five states in education and among the top 10 states in the economy and fiscal stability categories. As a Florida resident, it is hard to believe that the beaches of Jupiter, nightlife in South Beach, and infamous Worth Avenue in Palm Beach, that Florida did not rank higher in the standings.

States were ranked in 71 metrics across eight main categories:

-        Health care

-        Education

-        Economics

-        Infrastructure

-        Opportunities

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Southeast Florida is an excellent place to raise a family. Top school districts coupled with countless educational and recreational activities ensure children can stay active and engaged year-round.  Florida’s southeast coast is home to some of the nation’s most sought-after beaches and preserves, which are frequented by residents and vacationers year-round due to the region’s mild climate.

Floridians already knew that this is one of the best states to live in and now it has been confirmed by U.S. News & World Report!  Florida ranked No. 10 in U.S. News & World Report’s rankings of best states in the country. It also ranks among the top five states in education and among the top 10 states in the economy and fiscal stability categories.

States

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It is not often that those in the market for a new home know exactly what they are looking for and sometimes do not have a clue.  Without even the slightest idea of which location is right for your new home. Soon, a home buyer is quickly hit with a barrage of questions. Questions in need of answers include: What style of home? What part of town will work for the family? How many bedrooms? Baths? Oceanfront? Acreage? Pool? Country Club? The answers to all these questions will provide you the framework for determining needs for the home of your dreams. But how?

By creating a customized saved search on the Waterfront Properties & Club Communities website you are creating customized parameters that will ensure results to your specification. On the

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 Wishing you and yours a safe and Happy 4th. of July, 2021 from all the agents and staff at Waterfront  Properties and Club Communities.

Let your home’s windows take center stage!  Windows are becoming a greater focal point in home design in Jupiter as well as nationally. Fashionable, black-trimmed exterior windows are gaining popularity, and more emphasis is being placed on showcasing windows from inside as well. Windows link the indoors and outdoors satisfying longings for nature for homeowners on the inside of the home.  Views of the Atlantic Ocean or Intracoastal Waterway lure Jupiter homeowners to invite the outside in.

There are four impactful trends that make windows pop! These trends are being showcased more and more in home design.

1. Black-trimmed, industrial-style windows.

2. Windows that slide open provide a more seamless connection between indoor and outdoor

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Trends come and go in the kitchen design industry, and in South Florida they run the gamut. Kitchen design is subjective and new to the scene are softer colors. You will see new soft greys, blues, and especially green. Consider what the primarily use the of the kitchen will be – a statement room, a functional family space, hostess kitchen for the holidays, or is a Miele coffee maker a must?  It is all about tailoring their kitchen to meet their constraints. 

White on white or grey on grey has been very trendy these past few years.  It is a nice clean look. However, according to Megan Green, Cabinetry Design Specialist with New Craft Cabinetry, “wood tones are coming back. Obviously not the ugly reddish-brown cabinets from the ‘80s and ‘90s, but

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Floridians already knew that this is one of the best states to live in and now it has been confirmed by U.S. News & World Report!  Florida ranked No. 10 in U.S. News & World Report’s rankings of best states in the country. It also ranks among the top five states in education and among the top 10 states in the economy and fiscal stability categories. As a Florida resident, it is hard to believe that the beaches of Jupiter, nightlife in South Beach, and infamous Worth Avenue in Palm Beach, that Florida did not rank higher in the standings.

States were ranked in 71 metrics across eight main categories:

-        Health care

-        Education

-        Economics

-        Infrastructure

-        Opportunities

-        Fiscal stability

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