August 2024

There are 9 blog entries for August 2024.

New on the market: 550 SE Mizner Bvd, #B704, Boca Raton, FL. 33432 Townsend Place luxury condominium for sale MLS# RX-11016319

See condominium details: 550 SE Mizner Bvd, #B704, Boca Raton, FL. 33432 Townsend Place

View tour

550 SE Mizner Bvd, #B704, Boca Raton FL 33432 Townsend Place RX-11016319 Balcony view 550 SE Mizner Bvd, #B704, Boca Raton FL 33432 Townsend Place RX-11016319 Living area picture1

The Residence: unit B704

!!! LOCATION & VIEWS!!! A RARE OPPORTUNITY IN TOWNSEND PLACE.  Perfectly situated in between the new Alina building and the Mandarin Oriental Residences and Hotel, directly facing East with full privacy and amazing views of the Boca Raton Resort golf course.
Located on the 7th floor with 2 bedrooms, 3 bathrooms, 2,057 living sq ft. and features an expansive glass wrap-around balcony, allowing spectacular views with the ocean at a distance.
The floor-to-ceiling windows and sliders are impact

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From Realtor.com, Inside Billionaire Jerry Seinfeld’s Staggering Property Portfolio—as he and Wife Jessica Become Empty Nesters for Jean-Luc Andriot blog 082724

"Seinfeld" star Jerry Seinfeld and his wife, cookbook author Jessica Seinfeld, are officially empty nesters after sending their youngest child off to college to join the class of 2028.
Jerry, 70, and Jessica, 52, marked a major milestone in both their 19-year-old son Shepherd‘s life and their own when they dropped him off at school to begin his freshman year on Aug. 19.
Shepherd is following in his siblings’ footsteps by enrolling at Duke University; his brother, Julian, 21, is a student there, while their sister, Sascha, 23, is a recent graduate from the prestigious college.
Jessica celebrated the bittersweet moment on Instagram, sharing a series of photos of herself and Jerry with Shepherd, as well as Sascha and Julian.
“Move-in weekend,” she wrote in

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As I am a member of The Institute for Luxury Marketing, I thought I would share with you their August 2024 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:

Market Drivers and Nuances

In our analysis of the North American real estate landscape in 2024, we continue to delve into the trends that are shaping this dynamic and ever-evolving market segment.
As global conditions shift and consumer preferences evolve, the importance of comprehending past, present, and future market

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August 2024 - MVP - The Ratio That Can Make or Break Your Mortgage for Jean-Luc Andriot blog 081324

When it comes to securing a mortgage, there’s one critical factor that can determine whether you’ll be approved or rejected: your Debt-to-Income (DTI) ratio. While many aspiring homeowners focus on their credit score or the size of their down payment, it’s the DTI ratio that often serves as the deciding factor for lenders. In fact, a high DTI ratio is the number one reason mortgage applications get rejected.

What is the Debt-to-Income (DTI) Ratio?

Your DTI ratio is a measure of how much of your gross monthly income is used to pay off debts. This includes all of your financial obligations, such as your mortgage, credit card payments, auto loans, student loans, and any other recurring debt. The DTI ratio is expressed as a percentage and is

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From Realtor.com, Jennifer Lopez Finally Sells Her New York City Penthouse for $23M for Jean-Luc Andriot blog 080224

It’s been a busy summer for Jennifer Lopez and her real estate.
Earlier this month, the superstar listed the Beverly Hills mansion she shared with husband Ben Affleck.
The newlyweds purchased the 38,000-square-foot estate just last year for $60.8 million. The current price tag is $68 million.
And now, amid rumors of relationship woes, she appears to have finally sold her New York City penthouse, according to the Real Deal.
The elegant abode with an enviable terrace in the NoMad neighborhood of Manhattan was listed for $27 million in 2017.
On and off the market since then, the 6,540-square-foot residence had its price eventually reduced to $24,990,000.
The sale price was $23 million, according to the New York Post.
Lopez reportedly purchased the home in 2014

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August 2024 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 080124  

With home prices and rates still relatively high, securing a mortgage can feel daunting––even to the most experienced borrowers. But don't let that deter you: If other homebuyers' experiences are any indication, odds are you'll eventually find a home loan that works well for you.

In fact, most U.S. homeowners say they're satisfied with the mortgage they received, according to a recent Bankrate survey. The vast majority of the surveyed homeowners (69%) said they'd buy their current home again if they had a do-over.1

The key to finding the right home loan for you is to look for one that you’ll feel comfortable with long after you've closed on your new property. In addition to comparing term lengths and mortgage rates, also consider how the

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