Learn more about local real estate news and updates in and around Boca Raton, Delray Beach, Boynton Beach, and throughout Palm Beach and Broward Counties, presented by Brian Pearl and Lang Realty.

Real Estate Market Predictions for 2024: When Will Home Prices Become Affordable Again?

The real estate market has been a hot topic of conversation for several years now. The pandemic, coupled with fluctuating mortgage rates and a tight housing inventory, has led to significant price increases across the U.S. As 2024 approaches, potential buyers and sellers are asking the million-dollar question: When will home prices become affordable again? Here, we break down the housing market predictions for 2024 and 2025, discuss the factors influencing home prices, and provide expert tips to navigate this competitive market.

The State of the Housing Market: A Cooling Period?

The housing market has yet to fully heat up this year, but changes are on the…

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Revamping Downtown Boca Raton: Enhancing Safety and Boosting Real Estate Value

Boca Raton’s Federal Highway is set for a transformation aimed at improving safety for pedestrians and cyclists while enhancing the overall appeal of Downtown Boca Raton. A 1.3-mile stretch from Camino Real to Northeast Mizner Boulevard will undergo significant changes, including wider sidewalks, buffered bike lanes, and a lower speed limit. These upgrades not only aim to improve pedestrian and cyclist safety but also align with the city’s "Complete Streets Policy," fostering a more walkable, bike-friendly environment in one of South Florida's most desirable urban centers.

The Florida Department of Transportation (FDOT) will oversee the project, which will see sidewalks…

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The recent settlement between the National Association of Realtors (NAR) and several plaintiffs have significantly changed real estate practices, effective August 17, 2024. These changes aim to increase transparency and reduce potential conflicts of interest, reshaping how agent compensation and buyer agreements are handled across the industry.

Key updates include:

  1. Compensation Changes: The most impactful change is the prohibition of listing brokers or sellers offering commission to buyer agents on Multiple Listing Services (MLS). This effectively ends the common practice where sellers paid both the listing agent and buyer’s agent commissions, leading to greater transaction clarity. MLS platforms will now remove any fields related to buyer-agent…

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The new Boca Raton Brightline Station is officially up and running, and now local residents are wondering what it means for them. While regular commuters may be focused on the convenience of traveling to West Palm Beach and Miami, homeowners and potential buyers are looking further afield, considering what this new transport link means for Downtown Boca Raton development and property values.

Changes to Boca Raton Transportation

One of the biggest benefits for our local community is the improved transport options Brightline provides. Previously, residents would have to rely on cars or the limited Palm Tran bus services. Now, not only can they easily travel to larger cities in South Florida, but they will also benefit from improved transport links…

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Welcome to Aletto at Sanborn Square, a pinnacle of modern architecture and luxury in the heart of a bustling downtown Boca Raton, Florida. This upscale Class A office complex is designed to offer businesses an unparalleled working environment complete with fine dining, advanced facilities, and breathtaking views. The project consists of two distinct buildings, Compson Financial Center (Building A) and Park Place (Building B), each boasting unique features and amenities. With a 550-space covered parking garage, Aletto at Sanborn Square sets a new standard for convenience and elegance in commercial real estate.

Aletto at Sanborn Square in Downtown Boca

123 E. Palmetto Park Rd, Boca Raton, Fl 33432

The Aletto Offices At Sanborn Square will be the…

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CityPlace (Rosemary Square) Shopping Center in Downtown West Palm Beach, FL

West Palm Beach is known for its vibrant downtown area, where Clematis Street and CityPlace are major attractions. Over the years, these areas have undergone significant changes, including a notable name change from CityPlace to Rosemary Square and then back to CityPlace. This article delves into the reasons behind these changes, their impact on the community, and what they mean for the future of downtown West Palm Beach real estate.

The Original CityPlace: A Downtown West Palm Beach Landmark

CityPlace, formerly known as Rosemary Square and The Square, is an upscale lifestyle center in the heart of downtown West Palm Beach, Florida, along South Rosemary Avenue. This New Urbanist mixed-use development seamlessly blends Mediterranean and Venetian…

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South Florida Oceanfront Condominiums

Florida's landscape of homeowners associations (HOAs) and condominium laws continues to evolve with new legislations set to affect how these entities operate and how real estate transactions are conducted. As we advance into 2024, understanding these new statutes is essential for real estate professionals, HOA members, and homeowners. This comprehensive guide will walk you through the recent changes, upcoming laws, and how they might impact you.

Key Changes to Condo and Homeowner's Associations in 2023

The year 2023 saw significant changes aimed at improving transparency and governance within HOAs and condominiums. One of the pivotal updates was the introduction of the "Homeowners Association Bill of Rights," which was designed to protect…

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When it comes to purchasing a home, especially in competitive markets like Boca Raton, Florida, having the right real estate agent by your side can make all the difference. An experienced agent not only helps you navigate the complexities of the home buying process but also ensures you get the best deal possible. However, not all real estate agents are created equal, and it's crucial to ask the right questions before hiring one. Here are the essential questions you should ask when hiring a real estate agent to represent you as a home buyer.

  1. How Long Have You Been Working in Real Estate?
    Experience matters in real estate. An agent with several years of experience is likely to have a deep understanding of the local market, negotiation strategies, and…

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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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downtown west palm beach businesses

Publix. Citrix. Office Depot. These are but a few of the largest and most recognizable companies that have called South Florida home for decades. Recently however, the corporate neighborhood has gotten a lot more crowded—and the momentum has only picked up. 

Over the past half-decade, the Palm Beach County Business Development Board has helped roll out the welcome mat to approximately 140 companies who have relocated or expanded their operations into the county. This has resulted in more than $1.12 billion in capital investment and over 13,000 direct jobs for locals.

It has also contributed to a still-booming residential and commercial market. Just over the past year, these companies have swallowed up more than 1.6 million square feet of…

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