Market Update And Statistics

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

Examining the Demand for Luxury Real Estate
Over the last 18 months, the status of the real estate market, in particular the luxury sector, has been a hot topic across all news outlets, multi-media platforms, and within the industry itself.
Conversations have mainly focused on the variety of trends, with reviews covering a

Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1

However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the month of October, only 60.3% of sales involved a bidding war—down from a high of 74.5% in April.2 While this trend could be attributed to seasonality, it could also be a signal that the real estate run-up may have passed its peak.

So what’s ahead for the U.S. housing market in 2022? Here’s where industry experts predict the market is headed in the coming year.

MORTGAGE RATES WILL CREEP UP

Most economists expect to see mortgage rates

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their December 2021 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:

'Tis the Season!
The holiday season is now truly upon us and that time old question “what do you buy someone who has everything?” is very common among the wealthy.
If you are hoping that we will reveal the best gifts for 2021, then our apologies, but this dilemma does highlight some very important changes in the priorities of

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their November 2021 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:

Although, the last quarter of 2021 is not expected to provide such dramatic increases in sales as 2020, there is a new significant trend currently impacting the luxury market.

Overall, the demand for luxury properties in North America is outpacing the supply of properties entering the market.

This explains why

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their February 2021 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.

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their January 2021 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.

On the national level

In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury real estate market has seen one of its strongest years since 2008. In comparison to experts’ predictions in early 2020, it is remarkable how significant demands for property type, location, and amenity preferences have changed amid

Video - September 2020 Keller Williams Realty monthly real estate statistics.
This very short video (1:08 seconds) is going to give you the 3 national real estate statistics for this month.
With these 3 numbers, you should be able to "feel" the current market. Just click on the video below.

1. The number of projected homes for sale nationally
2. The national median home price
3. The average 30 year fixed-rate mortgage rate.

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 know how these number may affect you and would be happy to talk about your real estate needs.

Video - August 2020 Keller Williams Realty monthly real estate statistics.
This very short video (0:55 seconds) is going to give you the 3 national real estate statistics for this month.
With these 3 numbers, you should be able to "feel" the current market. Just click on the video below.

1. The number of projected homes for sale nationally
2. The national median home price
3. The average 30 year fixed-rate mortgage rate.

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 know how these number may affect you and would be happy to talk about your real estate needs.

Video - July 2020 Keller Williams Realty monthly real estate statistics.
This very short video (0:48 seconds) is going to give you the 3 national real estate statistics for this month.
With these 3 numbers, you should be able to "feel" the current market. Just click on the video below.

1. The number of projected homes for sale nationally
2. The national median home price
3. The average 30 year fixed-rate mortgage rate.

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 know how these number may affect you and would be happy to talk about your real estate needs.

As I am a member of The Institute for Luxury Marketing, I thought I would share with you their June 2020 report.

It is your guide to a general analysis on the trends and comparative data on the top-residential markets throughout Canada and the United States.

June’s report reviews the current statistics for the luxury market in North America month over month, as well as the 13-month trend.

The majority of experts agree that despite the negative effects of COVID-19, luxury real estate has remained resilient.

Sales have trended downward, which was only to be expected with the restrictions in place, but prices and inventory have still, for the most part, remained consistent.