As I am a member of The Institute for Luxury Marketing, I thought I would share with you their January 2025 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:

Luxury Real Estate Ends 2024 on a Strong Note

After a year of fluctuations, December’s results marked a strong finish for the luxury real estate market in 2024. The final quarter demonstrated significant improvements over 2023, including growth in sales, median sold prices, and inventory levels. These positive trends set

After the holiday high subsides, January comes along and hits us with a serious reality check.

All that merrymaking has come to an abrupt end, and with it, a tough forecast: many more cold days of winter until the first signs of spring.

One of the best ways to cure the winter blues is to escape to a sun-drenched beach.

Craving a dose of vitamin sea?

Travel + Leisure presents 'The Best Beach Destinations to Visit in January,' where every recommendation offers a luxurious escape from the winter chill.

Don't forget our own Boca Raton area :)

Read on

National real estate market snapshot for December 2024 from Jean-Luc Andriot - Keller Williams Realty.
This video (13:07 minutes) is going to give you a quick understanding of the national real estate market this month.
 
Here is a summary of the discussion:

0:36 - Recap of 2024 Economy
1:39 - 2024 Housing Market Trends
3:32 - Shifts in Inventory and Market Dynamics
4:45 - Economic and Housing Market Outlook for 2025
5:40 - Preparing for a Stable Market
7:33 - Strategies for Agents in 2025
9:55 - Actionable Steps for Early 2025 Success

The Boca Raton area market is a little different from the national market.
To get insider's information from a local real estate specialist, please be sure to reach out and call us today at 561-406-8880.
We'll let you

Just Listed: 500 SE Mizner Bvd, #A201, Boca Raton, FL. 33432 Townsend Place luxury condominium for sale MLS# RX-11048687

See condominium details: 500 SE Mizner Bvd, #A201, Boca Raton, FL. 33432 Townsend Place

The Residence: unit A201

Wow!!! Live the resort life year round. This gorgeous SouthEast 2nd floor property overlooks the lavish landscape of the community pool and the renowned Boca Raton Resort & Club's golf course.
It offers 2 split bedrooms + a large enclosed den with 2.5 bathrooms. It can easily be used as 3 bedroom property.
With a total of 2,357 total sq. ft, this spacious Townsend Place model has the most generous usable square footage floor plan.
The 9-foot ceilings with crown molding throughout highlight perfectly the open

Former President Jimmy Carter has passed away at the age of 100—two months after marking his milestone birthday and almost 44 years after he left the White House.

Carter, who served as president from January 1977 until January 1981, was a former peanut farmer from Plains, GA, who built a lasting legacy as a human rights advocate and humanitarian, ultimately earning a Nobel Peace Prize in 2002 for his charitable works.

However, while he earned worldwide recognition both during and after his time as president, privately, Carter stayed true to his humble Georgia roots, passing away in a home located in the same town where he was born—and which was the only property he and his late wife, Rosalynn, ever owned.

The incredibly modest four-bedroom, three-bathroom

Experts Predict Home Values to Increase 1.5% to 3.6% in 2025. Top housing experts and economists give a glimpse of what mortgage rates, home values and the national real estate market will do in 2025.

Key Takeaways

• Mortgages are forecasted to remain higher for longer; but there are things you can do to lower your rate.
• Home values are predicted to increase incrementally on a national level; and there are projects you can do to increase your home's value.
• The national market will slightly favor sellers in negotiations; however, real estate is driven by local dynamics and may favor either buyers or sellers.

Note: real estate is a dynamic market and forecasts made in this article will change as the year unfolds.

Mortgage Rates