Jupiter, FL

Set a Spending Limit When Buying Jupiter Abacoa Homes

03-13-12

DJ Morris: Real Estate Agent in Jupiter, FL

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Office: (561) 309-0154

Jupiter Abacoa Homes

When buying Jupiter Abacoa homes it is important to set your budget before searching. With so many wonderful homes, townhomes, and condos to choose from it will be much easier to view only the listings within your price range.

The best way to find out what you can afford to spend each month on a mortgage payment would be to contact a local mortgage broker or bank. They are quickly able to provide buyers with an estimate of what their monthly payments would be based on a standard questionnaire they have readily available. Within an hour you will not only have an ideal of what you can spend, but you will also receive a pre-approval letter which is a great negotiation tool.

Another great way is to search the internet for a mortgage calculator. These can provide a quick reference for you to get started on your search for Jupiter Abacoa homes.

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Jupiter Market Report 2/26-3/10/12

03-13-12

Ruth Jacobs - North Palm Beach Real Estate Specialist, CDPE, SFR

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Office: (561) 799-9937

Mobile: (561) 308-2020

Jupiter Market Report 2/26/-3/03/12

There were 45 properties sold. 20 single family homes, 12 condos and 13 townhomes.

The lowest property sold was at Blair house a condo that was built in 1964. Its a 2 bedroom, 2 bath with 717 sq ft of living space. It was listed at $34,900 and sold for $35,000 on 2/28/12

The highest property sold was at Jupiter Yacht Club a condo that was built in 2003. Is a three bedroom three bath with 2,694 sq ft of living space. It was listed for $705,000 and sold for $650,000 on 2/29/12.

3/04/-3/10/12

Community	Sub Type	Br	Bath	Sq Ft	List Price	Sold Price	Date Sold
Indian Creek	Townhouse	3	2	1,348	$137,500	$120,000	3-06-12
Jupiter Farms	Single Family	4	3	2,392	$359,000	$345,000	3-09-12
Jupiter Farms	Single Family	3	2.1	2,153	$299,900	$285,000	3-05-12
Jupiter Lakes	Condo	2	2.1	1,344	$110,000	$102,000	3-07-12
Jupiter River	Single Family	3	1	975	$79,900	$85,000	3-06-12
Landfall	Condo	3	3	2,676	$1,275,000	$1,125,000	3-08-12
Little Club	Single Family	2	2	1,554	$185,000	$175,000	3-09-12
Little Club	Condo	2	1.1	910	$39,900	$35,000	3-08-12
Martinique	Townhouse	3	2.1	1,582	$192,000	$190,000	3-09-12
Oceanside Terrace	Condo	2	2	1,100	$165,000	$140,000	3-09-12
Palm Point	Single Family	3	2	1,400	$185,000	$165,000	3-07-12
Riverwalk	Townhouse	2	2.1	1,300	$99,900	$86,000	3-07-12
Riverwalk	Townhouse	2	2.1	1,159	$63,200	$55,000	3-09-12
Sandpiper Cove at Botanica	Townhouse	3	2.2	2,068	$209,000	$198,500	3-04-12
Tuscany at Abacoa	Single Family	3	2	1,777	$359,900	$337,500	3-05-12

For more information on this area and its listings:
Your Ultimate Team Website

Your Ultimate Team
Jim & Ruth Jacobs
Quantum One Realty
(561) 308-1189
Jacobs@Quantumone.com

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Map of Admirals Cove in Jupiter, Florida

03-09-12

DJ Morris

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Office: (561) 309-0154

The Club at Admirals Cove in Jupiter, Florida is a prestigious waterfront and gated country club community that is located on the west side of the Intracoastal Waterway. The country club and Marina is spread across 900 acres and offers golf condos, custom estates, patio villas, harbor homes, Jupiter golf course homes. The Admirals Cove map below will give you a better idea of the country club community in relation to the beach, Intracoastal Waterway, and the layout of the Admirals Cove real estate.

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Nice Drop in Jupiter Home Inventory Levels

03-08-12

Tom Priester "Results Driven Real Estate"

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Office: (561) 308-0175

Jupiter Home Inventory Levels Decline 3% in February

As we get started with another month it is time to take a fresh look at housing inventory levels throughout the area to see what is happening to the number of homes buyers have to select from. Nothing dramatic from month ago levels with some municipalities showing slight increases and some showing slight decreases; nothing more than 3% in either direction. Overall, still up form the lowest levels around October but in most cases still well below the large inventories we have been dealing with for quite a few years.

Seller’s certainly have less competition but the steady stream of foreclosures that have been with us remain a force to be reckoned with. One really needs to explore the inventory levels associated with each property when making either or buying decisions as they vary widely. Within a couple miles of each other you will find neighborhoods where there is literally no inventory and neighborhoods where there are multi-year inventories. A complete understanding of these metrics is crucial if one wants to make a fully informed purchasing or selling decision. There is every reason to believe that 2012 will be the first year we will see an increase in median sales prices since the real estate bubble burst.

Low interest rates coupled with pent up demand have been a winning combination but sales levels have hardly been off the chart. However, when February sales figures are released we should see a big spike that has not been experienced for quite a while and the next few months are going to be crucial in how strong the legs of this recovery are. We have had some great economic reports as of late which is putting some upward pressure on interest rates but these increases are minor and rates on a 30 year note have pretty much flat-lined well under the 4% threshold.

This report shows our home inventory “power rankings” for the month ending February 29th. These rankings are set up so the top rated municipality will be the one who shows the highest reduction in inventory levels. Since it is these reductions, when coupled with stronger sales, which will move prices higher we want to rank those accordingly. So here are the inventory power rankings are the rankings for the month of February;

#1 Jupiter - Down 3%

#2 Hobe Sound - Down 1%

#2 Juno Beach - Down 1%

#4 Palm Beach Gardens - Up a Fraction

#5 Tequesta - Up 3%

Overall inventory levels around the area were fairly flat for the month of February with a median decrease in inventory of about one half of one percent over the past thirty days which is a very, very slightly bullish sign for the market or at least on upward pricing pressure. After starting off with increases in both Tequesta and Palm Beach Gardens we now move to our 1st place finisher of Jupiter where in February home inventory levels were down a very nice 3%. In Jupiter we had seen inventory increases in 4 out of the 5 previous months so this decline is certainly a welcomed sign. As of March 1st we have 1,094 active listings compared to 1,125 on February 1st and we now sit about 12% below our 12 month high back on April 1st. We are also far below the 1,285 units we had in inventory one year ago. Great job Jupiter let’s keep it going.

This crazy old market keeps on turning, changing and evolving...........

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