Safe and Happy Thanksgiving November 24th 2022

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

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.

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.

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

There is a new resort unlike any other in town.

Located on the southern edge of Napa Valley, the Stanly Ranch by Auberge offers guests a one-of-a-kind experience in the heart of wine country.

Whether they want to fly over the region in a hot air balloon, participate in the resort’s cycling team, or go on a wine tour via a helicopter, this luxury resort is sure to provide them with a plethora of unforgettable experiences on the historic working ranch.

Read on

Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. 1 Consequently, home sellers who enter the market today may need to reset their expectations.

The reality is, it’s no longer enough to stick a “for sale” sign in the yard and wait for buyers to bang down the door. If you want to net the most money possible for your property in today’s market, you’ll need an effective game plan and a skilled team of professionals to implement it.

Fortunately, we’ve developed a listing strategy that combines our proven approach to preparation, pricing, and promotion—all designed to help you get top dollar for your home. But you will play an important role in