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Found 42 entries about Boca Raton.

Alina Residences In Downtown Boca Raton

El-Ad National Properties, a key division of the Elad Group, has recently celebrated a major achievement in the upscale Boca Raton real estate scene with the topping off of both buildings in the final phase of ALINA Residences Boca Raton. This marks a significant step in the completion of this world-class residential destination in downtown Boca Raton.

Initiated in March 2022, the second phase of ALINA Residences is rapidly progressing towards its anticipated completion in late 2024. Upon completion, the project will comprise three luxurious buildings: ALINA 200, ALINA 210, and ALINA 220, totaling 303 upscale residences. The first building, ALINA 200, has already seen immense success with all units sold and currently occupied.

Alina Residences

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Palm Beach County, South Florida Market Report Q1 2023

Palm Beach County Real Estate Market

Palm Beach County, one of the most picturesque regions of Florida, is known for its year-round warm weather, beautiful beaches, upscale shopping districts, and dynamic real estate market. But how did the Palm Beach County real estate market fare in the first quarter of 2023? Let's take a deep dive to understand the trends, forces, and numbers that have shaped this market segment.

A Dynamic Start to the Year

Despite the turbulence experienced in the real estate market in 2022 due to global economic uncertainties, the Palm Beach County market showed remarkable resilience. Entering 2023, the market showed a robust start with median home prices and sales volumes continuing their upward trajectory.

The first

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Lotus Palm by GL Homes: Your Questions Answered

Lotus Palm Homes for Sale in Boca Raton

Yet another exciting, new construction luxury community will soon be completed on the site of a neglected municipal golf course. This time around, the former site of the Boca Municipal Golf Course, located off Glades Road and west of the Florida Turnpike will be converted to GL Homes’ newest project: Lotus Palm. 

Potential homeowners who have missed the boat on Boca Bridges, Lotus, Seven Bridges, and other popular Boca Raton and Delray Beach new construction communities are no doubt delighted to hear of this latest opportunity to design and build their own brand-new South Florida luxury residence. 

As experts in the Boca Raton luxury niche, we’re happy to answer as many of your questions as

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Five Reasons Experts Say No Housing Market Crash in 2022

It may be hard to believe, but the South Florida real estate market is quickly approaching the conclusion of its second full calendar year of record-shattering pace. Homes and condos are still selling nearly as quickly as they were at the start of the COVID-19 pandemic, and setting new highs along the way. 

With respect to Mr. Gordon Gekko, many real estate experts and economists—not to mention home buyers and sellers—aren’t convinced that all this greed is good. Headlines abound regarding a potential housing crash which would rival that of the late ‘00s. While it’s true that some cherry-picked data trends could cause concern, the fact of the matter is we find ourselves in a far different climate; one that could actually turn out positively for

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South Florida Real Estate Market Report - 3rd Quarter 2021

South Florida 3rd Quarter Real Estate Market Report

How's the South Florida real estate market?

The Recipe for our 3rd Quarter 2021 Florida Housing Market

Here’s the Recipe for Our 3rd Quarter 2021 Florida Housing Market: Take one large housing-supply shortage; add a global pandemic, economic shutdown, and supply chain shortages; mix in rapid population growth, and you will yield today’s residential real estate market.

At a national level, we’re seeing record gaps in housing supply and demand. The US Census reveals 12.3 million households were established between January 2012 and June 2021. Compare this to the 7 million new single-family homes constructed during that time.

Florida Realtors reports a robust pace and high absorption rate

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South Florida's Rising Rents and Cost of Living

South Florida’s rental market has long been less-than-ideal for non-homeowners.

Landlords operated happily within the free market, raising their rates and easily finding plenty of takers ready to bask in the temperate weather and vibrant culture that our region offers. Those whose bank accounts couldn’t keep up were hastily left behind.

The past year seems to have accelerated the trend even more as too few new apartments have been built, and affordable housing has become even more scarce. Renters seemingly have little to no control of the market, making Florida one of the worst locations in the country to rent in. This reality has re-started the conversation over rent control—a proposal that has always failed in the past; but with examples set

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Surfside Condominium CollapseIn the wake of the tragic collapse of the Champlain Towers South in Surfside, more questions and concerns regarding the safety of buildings throughout South Florida have emerged seemingly every day. Now, a coalition under Palm Beach County’s League of Cities has proposed an inspection of many condos, apartment buildings, hotels, and offices both east and west of I-95.

The proposal targets buildings a minimum of 25 years old east of the highway, and 35 years old on the western side, regardless of height. This surpasses the standard of 40 years of age in Miami-Dade and Broward counties. While one and two-family homes, government buildings, and schools are excluded, this would result in a massive undertaking, as 90% of the condominiums stretching from

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South Florida Real Estate

It’s likely you grew up with at least one family member who wouldn’t stop talking about their dream to retire to Florida. Every holiday you’d be regaled with stories of green lawns, year-round sunshine, golf courses, beaches, and no state income taxes. In fact, that person might even be yourself!

Considering all that Florida has to offer, it’s little wonder why our home state is welcoming thousands of new residents every year. This makes for a diverse culture, incredible culinary options, and plenty of tourist-pleasing attractions; but that’s certainly not all! Here are several more reasons you should pursue that dream move:

Our Welcoming Weather

There are 365 days in one year—and in Florida more than 2/3 of them are bathed in sunshine. There

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South Florida Real Estate Market Report

South Florida Real Estate Market Report

How's the South Florida real estate market?

Reflection...  Looking back and looking ahead

To sum up Florida’s real estate market for the first half of 2021, one word comes to mind: unexpected. Florida has long enjoyed an influx of residents migrating from across the country, and around the world, to call the Sunshine State home. With remote work becoming a permanent option, over 900 people per day are moving to Florida, according to the Palm Beach County Business Development Board. Reasons for this explosive growth in Florida can point to fair weather, a business-friendly climate, and the lack of state income and estate tax.

Low-interest rates continue to fuel affordability and drive high absorption

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South Florida Real Estate Market Report

South Florida Real Estate Market Report

How's the South Florida real estate market?

Reflection...  Looking back and looking ahead

After wrapping up a year to remember in 2020, Compass is proud to share our first Florida market report of the year, showcasing data from Q1 for South Florida, North Florida, Southwest Florida, Central Florida, and the Greater Tampa Bay. While not all facets of life have returned to prepandemic norms, especially as it relates to the international travel that injects additional movement in the housing market, real estate nationwide has benefited from signs of recovery including an increase in consumer expenditure, vaccination distribution, a decrease in unemployment from 14.7% to 6% (BLS.GOV), and an acceleration of

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