South Florida Real Estate News

Home Prices Shot Up In 2020 - Will They Ever Come Back Down?

It will take time for South Florida to fully process the long-reaching changes resulting from the COVID-19 pandemic. One of the more immediate effects, however, has been a sharp increase in home prices—thanks in combination to federal efforts consisting of low borrowing rates, and a local lack of inventory.

Across the South Florida region, prices climbed over the course of 2020. Even now, nearly 12 months since the sweeping lockdowns that slammed the country, the trend has continued, pushing prices past previous historic highs.

This isn’t unexpected, of course. The simple laws of supply and demand coupled with the typical buying frenzy that accompanies drops in interest rates are anything but unpredictable. So too is the fear of missing out on…

3052 Views, 0 Comments

Q4-2020 South Florida Real Estate Market Report

South Florida Real Estate Market Report

How's the South Florida real estate market?

As we enter 2021, we’re taking a moment to reflect on a quarter that closed out one of the most unique years of our lives.

Last year taught us that home is so much more than the place where you sleep at night. As the lines in our lives began to blur, so did the way we experienced home. A formal dining table that was once merely for show moonlighted as our childrens’ desks as they navigated a new world of virtual learning. Kitchens previously used for an occasional dinner were enhanced with new gadgets and recipe books, as millions of US residents tried their hands at bread-making, cocktail-mixing, and getting that restaurant-worthy recipe “just right”. Living…

2051 Views, 0 Comments

7 Key Trends Expected to Shape Real Estate in 2021

Real estate has shifted from the COVID-19 pandemic with a hot seller’s market, with increased demand as more people are looking to move and mortgage rates are at record lows, coupled with limited supply. The real estate experts at HomeLight uncovered some of the hottest trends shaping real estate in 2021, with 7 key insights that can help buyers and sellers stay informed as they make their next moves. 

Inventory lags

There are a lot of factors that have led to the seller's market, and one of the major ones is low inventory. In Q4 2020, real estate agents overwhelmingly said that inventory is lower than they expected, with 84 percent of them noting that shift, up from 78 percent in Q4 2019. Moreover, the National Association of Realtors reported…

1632 Views, 0 Comments

South Florida Real Estate Market Report for Q3-2020 | Compass Market Insights

South Florida Real Estate Market Report

How's the South Florida real estate market?

The COVID-19 pandemic has altered the way we live, work, socialize, and shop, but Florida real estate remains resilient as buyers look for more space and good deals. While Q3 is typically a slower market, the desire for more space and the pause in closing activity in April caused pent-up demand. In higher price ranges, including the ultra-luxury sector, little inventory has been left on the table. Across the state, months of single-family-home inventory, based on closed sales, was down year-over-year to 36.1% in Palm Beach County.  Think about that for a minute; there are 36% fewer homes available on the market in 2020 than there were one year ago in 2019. This…

2924 Views, 0 Comments

Boca Raton Golf Course Donated to The City of Boca Raton

Boca Raton's Luxury Landscape Grows with a Generous Donation

Exciting developments are underway in Boca Raton, as MSD Partners and Northview Hotel Group, the current stewards of the esteemed Boca Raton Resort & Club, have just revealed their intention to bestow the Boca Country Club to the city. This 130-acre sanctuary, known for its lush greens and luxurious amenities, is transitioning from an exclusive membership to a community embrace in October 2021.

A Public Haven for Golf and Tennis Enthusiasts

Nestled on Congress Avenue, a serene locale just seven miles from the bustling life of the resort, Boca Country Club has long been a symbol of the high-end lifestyle in Boca Raton. Featuring an 18-hole championship golf course, premier tennis courts,…

154 Views, 0 Comments

What To Expect When Buying A New Construction Home in South Florida

Buying a New Home in South Florida

In the wake of COVID-10, South Florida home buyers have recently shown a strong preference for residences that can accommodate their new normalcies, such as working from home and virtual schooling. It comes as no surprise that these buyers are finding new construction homes to be an ideal solution, as they offer privacy, space, and a certain degree of customization. As a result, new construction homes are in high demand locally, and builders can barely keep up. If you are considering purchasing a new construction property, it is essential to develop a strategy prior to looking. There are many layers to the new construction sales process, and The Pearl Antonacci Group is here to help you cultivate a deeper…

4126 Views, 1 Comments

April 2020 South Florida Real Estate Market Update

A Look Inside South Florida’s Real Estate Market - April 2020

Amid these unprecedented times, The Pearl Antonacci Group of Lang Realty is endeavoring to keep you educated on the latest trends in the Miami-Dade, Broward, and Palm Beach County real estate market, as we all prepare ourselves for whatever the future may bring. Whether you have already begun the process of buying or selling your home or are planning to in the near future, arming yourself with the most up to date information is more crucial than ever. See our latest area real estate insights for April of 2020 in the market report and graphs below. 

Our team has separated the monthly data between townhouses/apartments/condos and single-family homes. We have also compared these figures to…

4650 Views, 0 Comments

A Look Inside Palm Beach County's March 2020 Real Estate Market

Palm Beach County Real Estate Market Update - March 2020

Amid these unprecedented times, The Pearl Antonacci Group is endeavoring to keep you educated on the latest trends in the Palm Beach County real estate market, as we all prepare ourselves for whatever the future may bring. Whether you have already begun the process of buying or selling your home or are planning to in the near future, arming yourself with the most up to date information is more crucial than ever. See our latest Palm Beach County real estate insights for March of 2020 in the market report and graphs below.

The following analyses group single-family homes, townhouses, and condos together for the sake of efficiency, and review the recorded statistics from March 2020 and compares…

3455 Views, 0 Comments

The Pearl Antonacci Group and Lang Realty Selling Virtually

At The Pearl Antonacci Group of Lang Realty, the health and safety of our agents and clients is the top priority.  Here's what we're doing to ensure that we stay connected and continue to provide home buyers and home sellers with impeccable service.

Virtual Tours and Open Houses

We have the ability to take a targeted audience on a virtual journey through our real estate listings via walk-through video tours and Matterport technology which uses a floor plan of the home and 3D technology to take viewers from room to room all on a tablet or computer. 

Using dynamic, agent-guided video promoted via digital, mobile, and social channels, we can showcase the key features of your property to interested clientele wherever they are.  Take a look…

3350 Views, 0 Comments

Vini Antonacci and Brian Pearl of Lang Realty Represent Buyer of $4M Custom Home

Vini Antonacci and Brian Pearl of Lang Realty recently represented the buyer of a new home located in Golden Oak at Walt Disney World®. The Pearl Antonacci Group sold this estate built by Cahill Homes, located on Hyperion Lane in Golden Oak, Florida for $3,980,000. 

This beautifully designed Tuscan-style home features 5 bedrooms, 5 full and 2 half bathrooms, a 2-bay garage, and over 5,000 square feet of living space.  The front entry includes a serene and impressive foyer with 25-foot ceilings. Elegant porcelain tile runs seamlessly throughout the interior of the ground level and dark stained oak wood is found on the stairway treads and second floor.  The main staircase is made of exotic wood and has wrought iron balustrades with Disney characters…

2423 Views, 0 Comments