7 Amazing reasons to visit Palm Beach RIGHT NOW! Stay for a while, vacation, shop, relax and find your new vacation home! There will never be a better time to buy!!!

Luxury Palm Beach hotels are offering amazing specials!

Omphoy Ocean Resort – 561-540-6440
2842 S Ocean Blvd.
July 31 – September 30th 
From $149

The Ritz-Carlton – 561-533-6000
100 S. Ocean Blvd.
From $269 with Breakfast for 2 and $50 Resort Credit

Four Seasons Palm Beach 561-582-2800
2800 S Ocean Blvd
From $225 with $50 Resort Credit

The Brazilian Court Hotel and Beach Club 561-983-4292
301 Australian Ave
Through August 31
From $249 with 3 course dinner for two at Café’ Boulevard

The Colony Palm Beach 561-655-5430
155 Hammon Ave
Weekend rates start at $195 with full English breakfast for 2
Weekday rates start at $159 for two nights stay

The Chesterfield Palm Beach  561-659-5800
363 Cocoanut Row
Through September
From $149 with continental breakfast for two

The Breakers Hotel 800-273-2537
1 S. County Road
Through September 30
From $225 – Free golf, tennis or kid’s meals with some packages.

Book your hotel now and then call Scott Gordon Realty and set up appointments to tour some of our amazing inventory! You wont believe the gorgeous properties available until you see them!
Call Today!
Scott Gordon Realty 561-533-5888
www.scottgordonrealty.com
 

According to the National Association of Realtors pending homes sales continue to rise as buyers take advantage of affordable interest rates and low home prices.

Lawrence Yun, NAR chief economist said, “what we’re seeing is the momentum of people taking advantage of low home prices, with pending home sales up in California, Nevada, Arizona, Florida, Rhode Island and the Washington D.C. region.”

The economic situation currently puts many buyers in a great advantage, said NAR President Charles McMillan also a Dallas-Ft. Worth Broker. “The drop in mortgage rates and home prices mean the buying power of a typical family has never been better” he said.

“If you have a good job and long term plans, it’s unlikely that you’ll find a much better time to buy a home. This is especially true for first-time buyers who can qualify for an $8,000 tax credit this year, have a great selection of homes to choose from and are in favorable negotiating position.”

 To learn more about how you can take advantage of the current low interest rates and the high volume of quality homes available in our inventory call us today!

Scott Gordon Realty 561-533-5888
www.scottgordonrealty.com

Sold Homes! April 2009

This report shows Sales for Zip Code 33480 in Palm Beach.

Home sales are up in April from previous month. In March 09 there was 1 single family home sale, in April 5 homes were sold. Condo sales were also up, 16 sold in March to 22 sold in April.

Single Family  [ 5 Sold]

$3,000,000 250 Pendelton Ave
$2,650,000 220 Esplande Way
$2,500,000 235 Atlantic Ave
$1,650,000 216 Bahama Ln

Condo  [ 22 Sold]
$4,800,000 3000 S Ocean Blvd PH6
$3,450,000 400 S Ocean Blvd 203/204n
$2,250,000 100 Royal Palm Way B4
$2,250,000 3000 S Ocean Blvd 406
$1,962,000 300 S Ocean Blvd 2A
$1,750,000 400 S Ocean Blvd 418E
$1,725,000 3170 S Ocean Blvd. 502S
$1,300,000 2100 S Ocean Blvd 303N
$1050,000 2100 S Ocean Blvd 607S
$825,000 2580 S Ocean Blvd 1C1
$775,000 2600 S Ocean Blvd 301N
$750,000 3600 S Ocean Blvd 504
$730,000 44 Cocoanut Row B412
$600,000 3400 S Ocean Blvd 6E1
$330,000 3400 S Ocean Blvd 1B1
$320,000 3501 S Ocean Blvd 402
$225,000 2295 S Ocean Blvd 511
$200,000 3575 S Ocean Blvd 104
$175,000 3450 S Ocean Blvd 706
$150,000 3589 S Ocean Blvd 810L
$135,000 4500 S Ocean Blvd 505
$125,000 3589 S Ocean Blvd L33

Sold Homes!  March 2009

This report shows Sales for Zip Code 33480 in Palm Beach.

March 2009

Single Family  [1 Sold]
$12,500,000  1620 S. Ocean Blvd.

Condo  [16 Sold]
$2,100,000 330 Cocoanut Row
$2,000,000 170 N Ocean Blvd 501
$1,900,000 300 S Ocean Blvd PHE
$1,050,000 2580 S Ocean Blvd 1C6
$659,000 3440 S Ocean Blvd 401N
$630,000 2784 S Ocean Blvd 101N
$550,000 3546 S Ocean Blvd 824
$370,000 3300 S Ocean Blvd 207N
$350,000 3440 S Ocean Blvd 306N
$317,000 3546 S Ocean Blvd823
$285,000 2784 S Ocean Blvd 504S
$266,000 3525 S Ocean Blvd 210
$251,500 3546 S Ocean Blvd 323
$177,500 3520 S Ocaen Blvd 203H
$155,000 235 Sunrise Ave 1109
$145,000 235 Sunrise Ave MZT

* All information is deemed reliable but not guaranteed and may change without notice.

Homes sales in the United States have shown strong increases since February, showing more improvement than estimated by many analysts.

Sales for single-family homes, town homes, condo and coops rose 5.1 percent from 4.49 million units in January to 4.72 million units in February.

Concentrating on lower price ranges, first time homebuyers are accounting for around half of all home sales. Many of the first time buyers are concentrating on distressed properties and bargains, accounting for nearly 40 to 45 percent.

In February the national medium used-home price was $165,400. The median is the price at which half sold for less and half sold for more.

Lawrence Yun, NAR chief economist noted “Given the downward distortion in price comparisons due to distressed sales, it’s important for owners to keep in mind that doesn’t equate to a similar loss of value for traditional homes in good condition.” 

NAR President Charles McMillion said “The number of buyers looking for homes rose 5 percent in February, and also was 5 percent above a year ago,” he also said “It appears most of the increase in buyer traffic occurred in the later part of the month, after the $8,000 first-time buyer tax credit was put in place. At the same time mortgage purchase applications have risen, so we expect to see sales picking up around late spring.”

“In this changing market, smart buyers and sellers consult with Realtors who can advise them about current conditions in their area and counsel them on the best way to move forward,” he said.

Call Palm Beach’s Real Estate Specialists at Scott Gordon Realty to assist you with your home buying or selling needs.

Scott Gordon Realty – 561-533-5888 www.scottgordonrealty.com
 

Luxury real estate has always been affordable in remote locations or in foreign countries, but affordable real estate in Palm Beach Florida? The same place that has sold some of the most expensive property in the U.S. is now selling incredibly luxurious property at surprisingly low costs.

So why is luxury property better to invest in than normal property? While it may seem like common sense, actually putting the numbers out there for you may provide an idea of how important this is.

The average property in the U.S. probably goes for around $200,000. If the real estate market you live in has seen a price reduction of 40-percent over the past five years the average home now costs $120,000. That means you saved $80,000 on a property which is amazing. But the average luxury home costs around $500,000 and if that same property has dropped 40-percent over the last five years the average luxury home becomes $300,000 saving the buyer $200,000.