Savvy real estate investors throughout Boca Raton and Delray Beach are already taking advantage of the savings that a little-known change to the tax code has provided. Dubbed “Opportunity Zones,” these designated sections encourage new development and investments in distressed areas by way of preferential tax treatment.

The best part? Local examples of Opportunity Zones in Delray Beach are currently available for development.

Defining an Opportunity Zone

Opportunity Zones came about as a result of the 2017 Tax Cuts and Jobs Act. The “Investing in Opportunity Act” contained in this legislation allows State and local governments to work together to identify economically-distressed areas ripe for reinvigoration via private capital.

Interested

Home staging is the art of helping buyers visualize a space as livable. But do you need to physically haul in furniture and spend thousands of dollars to tap into their imagination?

Not necessarily.

With virtual staging, you can take that same mid-century modern couch, vintage throw rug and flower vase you’d normally find in your stager’s U-Haul and insert them into your listing photos digitally instead. Goodbye heavy lifting, hello drag and drop!

By specially arranging computer-generated furnishings and props in key rooms, you can stage your bare-bones, vacant house to make buyers see, “Oh, I could put my desk right there!” or show visually how to configure an awkward layout. It costs a fraction of what you’ll pay for traditional staging and

Lang Realty was recently ranked #219 of the top 1,000 national brokerages and #148 in transactions in T3 Sixty’s 2nd Annual Swanepoel Mega 1000, the real estate industry’s definitive ranking of brokerages, franchisors and holding companies. “Our ranking is a testament to the hard work and dedication of our team of nearly 400 agents,” said Scott Agran, President of Lang Realty. “We are proud to be a part of this list as one of the few independently owned firms from South Florida to be included.” T3 Sixty, a residential real estate consulting and research firm, uses a large selection of resources including public financial filings, MLS listings and more to estimate and verify the sales volume of the firms it ranks. Lang Realty was established in 1989 and

Are Opportunity Zones the talk of the town in your local Real Estate circles? No?

While it’s no surprise that this part of the tax code is not yet well known, many savvy investors are jumping at the opportunity of the tax savings that it can provide.

What is an Opportunity Zone?

According to the IRS.gov website, “An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment….”

These opportunity zones were designated through coordinated efforts between State and local governments in identifying these economically-distressed areas.

Opportunity zones were added to President Trump’s “Tax Cuts and Jobs Act” in December 2017. Specifically the

Thinking of selling your home and wondering what it’s worth?  You may want to be careful about the home value estimates you see online because many are either far above or far below the true market value. 

Boca Raton home sellers who set their expectations on inaccurately overestimated home values may fall victim to overpricing their homes for sale which will ultimately lead to frustration because they don't sell.  When a home is overpriced, it will languish on the market for months, causing multiple price reductions as they "chase the market" and most likely result in a lower sale price than if they had priced it right from the beginning.   

Zillow, Trulia, Realtor.com's Automated Home Value Calculators

Zillow and Trulia have become the

Valencia Reserve Home for Sale | 9716 Dovetree Isle Drive, Boynton Beach, FL 33473

Brian Pearl and Vini Antonacci of Lang Realty recently listed a beautifully upgraded Julia model home in Valencia Reserve, Boynton Beach's premier active adult community.  This magnificent home features 4 bedrooms (one used as a den/office), 3 full and one-half bathroom, a 3-car garage, and over 2,600 square feet of living space!  Built in 2012 by GL Homes, this Valencia Reserve home for sale offers high ceilings with crown molding, porcelain tile floors on the diagonal, accordion hurricane shutters, Plantation shutters with custom wood molding, a gourmet kitchen with upgraded granite counters and mosaic tile backsplash, wood cabinetry with pull-outs, a formal dining

Photo Courtesy of GL Homes

Lotus Homes for Sale in Boca Raton

GL Homes, one of Palm Beach County's leading homebuilders, recently launched sales for their newest Boca Raton community, Lotus.  Located in West Boca, Lotus is the latest development in the company's string of resort-style neighborhoods along Lyons Road in the Western Corridor of Boca Raton, Delray Beach, and Boynton Beach.  Lotus homes for sale will be unique in that they are modern in design, opposite from the transitional and Mediterranean architecture of previous communities like Saturnia Isles, Boca Isles, Valencia Reserve, The Bridges, and Seven Bridges.  

Lotus Real Estate

Lotus will be comprised of twelve different floor plans within two home collections, the Bali

Led by Brian Pearl and Vini Antonacci, The Pearl Antonacci Group was recently honored at Lang Realty's annual awards brunch in Aberdeen Country Club in Boynton Beach, Florida. The Team was awarded the coveted Diamond Award, Lang Realty's highest award given for real estate teams, for their superior sales achievements in 2018.

BOCA RATON, Fla. - Jan. 31, 2019 - The Pearl Antonacci Group of Lang Realty recently received the distinguished Diamond Award for their superior sales achievement in 2018.  The Diamond Award is the highest honor given by Lang Realty.  The real estate company's annual awards ceremony was held at the exclusive Aberdeen Country Club located in Boynton Beach, Florida on January 31, 2018. 

The Pearl Antonacci Group currently

Moving to a new neighborhood brings with it a long list of questions. What are the neighbors like? Are there kids in the area? It is safe? What are the best places to shop?

Once you’ve made the decision to relocate, these questions and more are bound to arise. Many questions can be answered by your Realtor or your contractor, but information on others may be less forthcoming. As realtors are bound by an oath that upholds fair housing and non-discriminatory practices, there are certain questions they just cannot answer. So, issues like churches in the area or the demographics of your neighbors are simply off-limits.

The Fair Housing Act: why your Realtor can’t always tell you what you want to know

What a Realtor can and cannot disclose is dictated

Over the past 25 years, Downtown Delray Beach has grown into a crown jewel of the vivacious city. Developed through a myriad of public and privately funded projects, citizens of Delray take pride in the comfortably urban environment. The town center provides a dynamic arrangement of dining and entertainment, while the beautiful oceanside backdrop offers a calming respite from the hustle and bustle of city-living.

Stay up to date on the breathtaking development projects on Delray's horizon:

236 Fifth Delray + Aloft Hotel

Set to finish construction in December of 2018, 236 Fifth Delray in conjunction with Aloft boutique hotel is planning to provide luxury apartments and lodging, allowing residents to "live on vacation." This lavish development