Boca Raton Real Estate Blog

This season, granite is in style, as an increasing number of luxury homeowners are rushing into stores to keep up with the trend. High-income homeowners are not only installing granite in their kitchens, but in their bathrooms, bedrooms and patios as well. 
If you'd like to see luxury homes for sale in Boca Raton, please click here.
If you'd like to see luxury condominiums for sale in Boca Raton, please click here.

“Installing granite is an excellent way to increase the value of your home or condo for sale, especially in South Florida,” said Jean-Luc Andriot. “When people think of this region of the U.S., they think luxury, and that’s exactly what granite gives you.”

Not only is granite luxurious, it’s durable and versatile.

• Scratch, stain,

To help you stay informed on what's happening in the luxury real estate market in Boca Raton, we've put together the latest inventory statistics for condominiums, single-family homes and townhomes on properties that are priced over $1,000,000.

Boca Raton Market Update - July 2015 Inventory

Of the total number of luxury transactions (defined as $1,000,000+) in our Boca Raton MLS system in the last six months, 439 are active listings, 66 are currently under contract and 223 are transactions that have

Recently Boca Raton Premier Properties combined Jean-Luc's culinary experience with his flair for creative staging to grab the attention of brokers and buyers at a newly listed home in Morningside, Boca Raton. On June 2nd 2015, we held and open house at 7701 NE Morningside Terrace Boca Raton, FL 33487 (Morningside: MLS RX-10125386) and included a professional buffet served by Gourmet Adventures Catering.

Open House Video: 7701 NE Morningside Terrace, Boca Raton

See how our unique approach to selling luxury properties in Boca Raton will help your property stand apart from the rest and get you the results you want. We invite you to view our video and welcome and questions about this property:

7701 MORNINGSIDE TERRACE Open House & Buffet

Now is an exciting time for real estate and we've been seeing a number of significant changes across the nation. We've been tracking a few noteworthy numbers for both buyers and sellers. According to the National Association of Realtors for the Month of July 2015:

• The projected number of home sales rose to 5.4 million (from 5.04 million last month)
• The national median home price for existing homes increased to $228,700 (from $219,000 +4.6% last month and +7.9% from July 2014 last year)

Real Estate Market Update in the US (per the National Association of Realtors)

If you are looking to sell, NOW IS A GOOD TIME TO LIST YOUR HOME. According to Freddie Mac, the national average for a 30 year fixed mortgage rate rose to 4% (from 3.84%

Month of May 2015 Palm Beach County real estate market (source: Realtors' Association of the Palm Beaches)

From year to year May 2014 to May 2015 for single family homes:
The number of closed sales increased by 6% (to 1,739)
The median sale price increased by 6% (to $295,400)
The median days on market decreased by -25% (to 42)
The months of inventory supply decreased by -21.1%  (to 4.7)
The single family homes real estate market in Palm Beach County is accelerating. The inventory is becoming scarce both in availability and number of days they remain on the market. Consequently sold prices have increased. Consequently there are fewer homes available for sale.
If you are interested in selling your home, now is a good time to list your home for sale!

Welcome to 550 SE Mizner blvd B-608 Boca Raton, FL 33432, Townsend Place (MLS: RX-10103783)!

Fusion of luxury and sophisticated design embraces you the moment you step into this bright and spacious condo. This is a high end designer’s home. She has used unique architectural ideas to coordinate throughout the entire home, yet allowing a different atmosphere in each room. The custom designed foyer sets the tone with its tiered columns and beveled marble floor which transitions to beautiful Caribbean rosewood flooring throughout the living, dining, den and kitchen.

An elegant stepped crown molding is surrounding the ceiling and coordinates with architectural wall details as well as a living room ceiling light platform. The dining room entrance is

7701 NE Morningside Terrace Boca Raton, FL 33487, Morningside MLS RX-10125386

WELCOME TO 7701 MORNINGSIDE TERRACE!

Located on a lush half acre lot. This beautiful 4 bedrooms + office and 3.5 baths, offers a true lifestyle. Enjoy the luxury of your own park like private yard with pool & spa for your family and friends entertainment. The contemporary style, with soaring ceilings and open floor plan, is elegant as well as inviting. Upgrades include custom woodwork & cabinets, fireplace, and Jacuzzi tub in master bath. The spectacular circular driveway has plenty of room for parking. All this, plus the convenience of walking to shopping, restaurants and the theater, or drive 5 minutes to the beach or fabulous downtown Delray Beach makes this a most

Three years after opening, iPic Boca Raton still sees growth

Tired of people behind you at the movie theater kicking your seat? Suffering from back pain because of uncomfortable movie seats?  iPic Theater in Mizner Park, Boca Raton, solves each of these issues and provides the services regular movie-goers could only dream of. At iPic, it’s reality. And it’s putting Mizner Park back on the map as one of the number one spots in America for luxurious living.

Sit back and relax in a “premium-plus” leather recliner, five star food,  and perhaps iPic goers’ favorite: have  someone take your cocktail and hors d’oeuvres orders before the opening  credits roll. Hamid Hashemi, the cinema mogul  who brought us Muvico Palace 20, now Cinemark Palace 20, in Boca

575 NE 5th Avenue Boca Raton, FL 33432, Boca Villas MLS# RX-10134475

Click on the picture to get full listing details

Location, location, location. New construction home in East Boca Raton, behind Mizner Park. 1 block from intracoastal, 6 blocks from ocean. Impressive corner lot, 2 story single home with pool. First floor includes: living room, study / 4th bedroom, dining room, kitchen, family room, 2 car garage. Second floor includes: 3 bedrooms, game room, media room / 4th bedroom.

All dimensions below are approximate

First floor living area sq footage 2,019 sq ft
Second floor living area sq footage 2,397 sq ft
Total sq footage living areas 4,416 sq ft
Garage sq footage 450 sq ft
2nd floor terrace 105 sq ft
First floor veranda 105 sq ft
Total

Home Improvements: Cost vs. Value

Should you renovate your luxury property before you put it on the market?

Preparing your home properly before it is shown can often make or break a sale. As a seller, what you see as a minor problem can be a major turn-off to buyers. Jean-Luc Andriot, of Jean-Luc Andriot Boca Premier Property Group, suggests taking the time and money to repair certain items, but also warns that some repairs are just not worth it.

“Be careful that you choose wisely in the projects you undertake when your goal is to maximize your selling price,” he says. “There are specific things that need to be done to impress qualified buyers. A member of our team will be happy to guide you on what improvements we think will bring you the