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

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

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

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

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

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.

Thinking of selling your home and wondering what it’s worth?  You may want to be careful about the home value estimates you see online because many are either far above or far below the true market value. 

Boca Raton home sellers who set their expectations on inaccurately overestimated home values may fall victim to overpricing their homes for sale which will ultimately lead to frustration because they don't sell.  When a home is overpriced, it will languish on the market for months, causing multiple price reductions as they "chase the market" and most likely result in a lower sale price than if they had priced it right from the beginning.   

Zillow, Trulia, Realtor.com's Automated Home Value Calculators

Zillow and Trulia have become the

Photo Courtesy of GL Homes

Lotus Homes for Sale in Boca Raton

GL Homes, one of Palm Beach County's leading homebuilders, recently launched sales for their newest Boca Raton community, Lotus.  Located in West Boca, Lotus is the latest development in the company's string of resort-style neighborhoods along Lyons Road in the Western Corridor of Boca Raton, Delray Beach, and Boynton Beach.  Lotus homes for sale will be unique in that they are modern in design, opposite from the transitional and Mediterranean architecture of previous communities like Saturnia Isles, Boca Isles, Valencia Reserve, The Bridges, and Seven Bridges.  

Lotus Real Estate

Lotus will be comprised of twelve different floor plans within two home collections, the Bali

Led by Brian Pearl and Vini Antonacci, The Pearl Antonacci Group was recently honored at Lang Realty's annual awards brunch in Aberdeen Country Club in Boynton Beach, Florida. The Team was awarded the coveted Diamond Award, Lang Realty's highest award given for real estate teams, for their superior sales achievements in 2018.

BOCA RATON, Fla. - Jan. 31, 2019 - The Pearl Antonacci Group of Lang Realty recently received the distinguished Diamond Award for their superior sales achievement in 2018.  The Diamond Award is the highest honor given by Lang Realty.  The real estate company's annual awards ceremony was held at the exclusive Aberdeen Country Club located in Boynton Beach, Florida on January 31, 2018. 

The Pearl Antonacci Group currently

Overlooking Lake Boca from Mizner Grand condominium's coveted center stack, this modern masterpiece creates the feel of a luxury estate home with the services of a five-star resort.  Commanding majestic views of the bright blue waters, this 5th floor residence offers both east and west facing balconies which look onto Lake Boca, the Atlantic Ocean, and the Boca Resort's golf course.  Tastefully designed, this spacious residence totals 4,878 square feet with three bedrooms, four full and one-half bath, a state-of-the-art home theater with commercial-quality Bang and Olufsen surround sound, and two parking spaces.

Mizner Grand condominium's double gate-manned entry leads to a Porte Cochere where you will be greeted by the valet who escorts