Ten Reasons to Move To South Florida

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 - Q2 2021

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 - Q1 2021

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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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…

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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…

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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…

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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…

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The Pearl Antonacci Group of Lang Realty List Intracoastal Estate in Tropic Isle

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…

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Cannery Row Townhome for Sale | 137 N Cannery Row Circle, Delray Beach, FL 33444

Cannery Row Townhome

137 N Cannery Row Circle, Delray Beach, FL 33444

https://www.pearlantonacci.com/listing/rx-10596922-137-n-cannery-row-cir-delray-beach-fl-33444/ 

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Opportunity Zones and Real Estate Investing

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.

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