There is no doubt that it has been a rough spring for everyone! In Palm Beach County we are finally seeing things getting back to normal with beaches and businesses opening to excited residents. Despite the COVID-19 set back and having to make adjustments in our daily lives, the real estate market in our area did not dip as many expected. Real estate was designated as an “essential business” and Brokers made the adjustments necessary to operate safely and home purchases continued. We also did not see a wave of price reductions. Sellers realized the crisis was temporary and overall held off on the “firesale” approach.
Champagne and Parisi Real Estate is looking forward to a great summer of home sales as the community’s spirit is uplifted with the news that the pandemic is coming to an end. This week Champagne & Parisi Real Estate is releasing the Summer edition of their listings magazine including homes for sale in Boca Raton and surrounding areas. The magazine offered both in a hard copy and digital version features a compilation of Champagne & Parisi Real Estate’s finest properties in a range of price points. Sellers are eager to have their property in the pages of the magazine because of its wide range distribution. Champagne & Parisi Real Estate appreciates the support of the community in this endeavor and hopes for a prosperous summer for everyone! Click here to get your digital version of the Champagne & Parisi Summer Listings Magazine!
At the start of the COVID-19 crisis (back when we were still calling it the Coronavirus), two schools of thought emerged from our learned neighbors, friends and family. The “it’s going to get real bad” group and the “the flu is worse” group. Not knowing which camp to settle in, most of us aired on the side of caution and bought into the thought that “it’s going to get real bad” and ran to the grocery store, cleared out shelves, and, hunkered down for the foreseeable future. Most people didn’t have a choice but to quarantine, “stay at home” orders were implemented, businesses and schools closed and the fear of getting sick with a very unknown illness was looming.
But over a month in, it seems that the tone is changing. People are less anxious about actually getting COVID-19 and are more concerned with when everything will re-open. In fact, in today’s news, citizens in many states are protesting that the restrictive stay at home orders are unconstitutional and discontent seems to be growing among many Americans. I think this is a signal that we are nearing the end of the “lockdown”.
Claude Champagne Co-founder of Champagne & Parisi Real Estate, hopes so, “We would love for things to normalize, but obviously safety is our number one concern”. “We’ve followed all the guidelines but continue to operate, real estate was designated an essential business after all”, says Caesar Parisi Co-Founder Champagne & Parisi Real Estate. “We have promoted our virtual tours and continue to work closely with our trusted title company partners, lenders...
Coronavirus (COVID-19), Is it Time to Worry?
I would be remiss not to briefly address the coronavirus (COVID-19) since it has been dominating the headlines of every media outlet nationally and internationally for the last month. You almost can’t help but get wrapped up in the panic after seeing the stock market tank, listening to reports about bare store shelves and learning that there is a run on Purell and Clorox products. The recent interest rate drop was a bright spot for the real estate industry but the COVID-19 cloud still lingers.
I decided to dial back my hysteria and take a look at what is actually happening in our area, ignoring sensational journalism and varied opinions by medical experts that we’ve seen on the national broadcasts. At the posting of this article, there are no confirmed cases of COVID-19 in Palm Beach County. As a matter of fact, the scrolling cover banner of the Palm Beach County Government website is a notice about the 2020 Census, the 2020 Palm Beach County Mobility Planning Summit and a reminder about Outdoor Adventure Day going on today. The Florida Department of Health website doesn’t have any specific advisories for Palm Beach County either. Local authorities are reminding us about general preventative measures like hand washing, but not suggesting a dramatic change in our daily behaviors.
The major problem with the news coverage is that it is heavily focused on what “could happen” or extreme scenarios abroad and fails to give a true picture of what...
Do You Suffer from Overpricedtosis?
The good news, “season” is almost over, the bad news, “season” is almost over. Am I confusing you? Sorry, let me explain… good news first, soon the traffic will resume to normal, you will be more likely to get into your favorite restaurant and peace and tranquillity will return to our area. The bad news, today marks our second day into the last month of “season” and if you haven’t sold your condo yet, you only have 29 more days to capitalize on the biggest pool of buyers in our area at one time.
Businesses off all types thrive during this 3 to 4 month period. Realtors are busy shuffling around town the influx of Northerners, trying to turn “seasonal” renters into Buyers and listing more homes on average than they do during the rest of the year.
But, it’s March 2nd and you haven’t sold your condo yet, should you panic, let’s take stock of the situation. You listed the condo during "season", “check”, you decluttered and made the improvements your Realtor recommended “check, check” and priced it where you wanted, wait, you don’t get a check for the last one. Truth be told, the price you wanted was likely not the Realtor suggested price.
Don’t be ashamed, it’s common. Sellers in our area are often afflicted with Overpricedtosis during the seasonal months. Overpricedtosis causes Sellers to have price delusions and inspires them to list their condos for more than they are worth merely...
Boca Raton, FL is well known for having some of the finest golf and country club communities in the entire country. Each of Boca Raton's exceptional country clubs offers a diverse selection of beautiful homes within a picturesque tropical setting combined with a unique set of top-notch facilities & the finest luxury amenities & services. Featuring world-class championship golf courses, robust tennis programs with perfectly maintained courts, state-of-the-art-fitness facilities, lavish spas, fine dining options, and more, Boca Raton country clubs offer South Florida luxury living at its finest.
It may come as no surprise that this lofty lifestyle of luxury usually comes with a lofty price tag to match, as most Boca Raton country clubs have mandatory equity & annual membership fees which can be VERY costly. However, there is good news—there are still a few golf & country club communities in Boca Raton that require no equity or membership fees where you can enjoy the same country club lifestyle without breaking the bank! Here are the top non-equity communities in Boca Raton, FL:
1. Boca Greens: Located on 175 acres of pristine tropical landscape in West Boca Raton, Boca Greens is a membership-optional residential...