Boca Raton Real Estate Blog

December 2022 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 120122

You don't have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings.

For example, according to the U.S. Environmental Protection Agency (EPA), you can save a couple of hundred dollars a year just by sealing your home and boosting its insulation.1 Other small fixes—such as swapping old light bulbs for LEDs and plugging electronics into a powerstrip—can boost your yearly savings enough to pay off some of your holiday budget.

And thanks to a pandemic-era boom in online shopping, it is easier than ever to find deals on new and pre-owned furniture, thrifted gifts, DIY decor, and

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Jean-Luc Andriot Boca Raton - Delray Beach Luxury market report November 2022 for Jean-Luc Andriot blog 112122

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their November 2022 report for Boca Raton - Delray Beach.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets in the Boca Raton - Delray Beach area.

Statistics are separated between single family homes and condominiums / townhomes in Boca Raton - Delray Beach.

At the national level:

Challenging Times in a Market Full of Contradictions

There is little doubt the luxury real estate market is facing some interesting challenges that even have experts contradicting each other in their predictions and assumptions. 
Statistics in many luxury markets still show that they are favorable to sellers – so why are

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November 2022 - Jean-Luc Andriot - Home Pricing Sweet Spot for Jean-Luc Andriot blog 111522

Have you watched homes on your street sell for sky-high prices in the past few years? It’s tempting to aim high when it comes time to sell your home—but proceed with caution.

The market is adapting to rising mortgage rates, and homes simply aren’t selling as fast. Unfortunately, the longer a home is listed, the more buyers’ concerns begin to grow.
Of course, you also don’t want to sell your home for less than it’s worth.
That’s why it’s important to work with a local market expert. We know the ins and outs of the local real estate market and what buyers are willing to pay today.
The good news? If you’ve been in your home for several years, you are likely to have a sizable amount of equity. That means you stand to make a tidy profit.

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Why pre-owned Rolexes are becoming a better investment than gold and vintage cars for Jean-Luc Andriot blog 111122

With pre-owned watches beating all other luxury assets like gold, vintage cars, and Bitcoin when it comes to investing, those with market knowledge are taking note that JamesEdition lists a comprehensive range of Rolexes, including Cosmograph Daytonas, Datejusts, Day-Dates, Sky-Dwellers, and GMT-Master IIs.

The growing interest in high-end timepieces experienced an unprecedented surge during the pandemic, arguably because the lockdowns left people with less to spend their money on and more disposable cash. This trend shows no sign of slowing.

Speaking about future returns, Deloitte’s Swiss Watch Industry Study reports that the pre-owned market size will continue to grow, reaching nearly CHF 35 billion by 2030, up from CHF 20 billion in 2022.

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November 2022 - Jean-Luc Andriot - FTC Fines Opendoor for Jean-Luc Andriot blog 110822

The US Federal Trade Commission recently fined online home buying firm Opendoor $62 million for “cheating” home sellers.

The company was deceiving homeowners by claiming that “they could make more money selling their home to Opendoor than on the open market using the traditional sales process.”

Companies like Opendoor (aka iBuyers or direct buyers) use computer algorithms to offer home sellers quick cash offers. But don’t be fooled by their splashy advertising—these offers are almost always below market value.

According to MarketWatch, transactions involving iBuyers net sellers a whopping 11% less than those conducted by a real estate agent on the open market.

Listing your home with an agent is the proven way to maximize its sale price. Contact

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