South Florida Real Estate Market Report

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…

3153 Views, 0 Comments

Boca Raton Golf CourseBoca 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,…

649 Views, 0 Comments

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…

5089 Views, 0 Comments

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…

3987 Views, 0 Comments

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…

2647 Views, 0 Comments

965 Tropic Blvd, Delray Beach, FL 33483

965 Tropic Boulevard is a beautiful two-story waterfront home for sale in Delray Beach, Florida, unobstructed views of the Intracoastal Waterway, just one lot off the point lot.  Situated along a navigable canal with ocean access and no fixed bridges, the home is a boater's paradise.  The homesite is on a cul-de-sac with no through traffic and sits on a 10,000 sq ft lot.  The property provides 118± feet of deep water-frontage allowing for large water vessels.  

The beautifully scaled residence provides a total of 4,454± square feet in a light-filled, open floor plan which includes four bedrooms, three full baths, and a 2-car garage.  Upgrades include a newly renovated kitchen with granite counters, GE Profile…

1732 Views, 0 Comments

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…

7996 Views, 0 Comments

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…

2413 Views, 0 Comments

Opportunity Zones in Real Estate

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.

4302 Views, 0 Comments