Palm Beach real estate

Palm Beach Florida real estate market trends and activity.  We monitor the sale prices, inventory, transaction volume and distressed real estate market.

Have you noticed?

Have you noticed anything different in your neighborhood?  Does it appear as if those for sale signs tend to linger awhile longer than they used to?  How about that slick real estate investor trying to flip the house down the street for a quick profit?  Do you think they have seen a shift in the […]

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Take a bite

At what point will higher mortgage rates take a bite out of residential real estate prices?  By looking at a few charts, you will notice that it may already be happening.  Here is a quick look at the trend in mortgage rates over the past five years.  The 30-year conforming mortgage rate as per Freddie […]

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Rolling over

Rolling over is the topic today, as it appears the South Florida housing market may finally be cooling off.  During the month of July we saw prices of houses and condos in the Miami, Fort Lauderdale and Palm beach markets decline.  Our first chart today shows the residential transaction volume across the tri-county area.  The […]

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Leading indicators

Leading indicators show that the housing market may finally be slowing.  It started in California, which usually leads the remainder of the country when it comes to real estate.  As for the latest South Florida numbers, there were some noticeable gains in single-family home prices, and a slight decline in condo prices.   The average sale price […]

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Palm Beach market update

Today we will take a look at the Palm beach, Florida residential market with charts of average sale prices, transaction volume, inventory and distressed properties.  Our first chart shows the average sale prices of houses in South Florida and you will see that Palm Beach led the pack in April with an average selling price […]

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Real estate speculation is a risky business

Real estate speculation is a a risky business.  Markets lose liquidity very quickly once rates increase and transaction volume starts to decline.  Ignoring some of these warnings will prove costly for some in this cycle, just like it did in the last one.  Take a look at this chart of transaction volume and you will […]

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Line in the sand

The South Florida condo market appears to be crossing a crucial line in the sand.  During the month of February, the number of condos listed for sale reached 31,137.  That surpassed the recent high of 31,055 condos listed for sale in February of 2017.  Prior to that, we have to look back to June of […]

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Transaction volume continues to slide in the Fort Lauderdale residential real estate market. Has the latest rally fizzled?

It is always important to look at the monthly data points in a chart rather than comparing year over year numbers.  Various trade groups will provide just the annual percentage increases or decreases, carefully omitting important data points to protect their positive “spin”.  In the month of November, the number of traditional single-family home sales […]

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The slow leak continues in South Florida residential real estate prices

Maybe you didn’t hear the latest housing bubble pop, but we have a few charts that will show how the slow leak continues to deflate prices in South Florida residential real estate.  First, let’s take a look at the average selling price of houses and condo properties in the tri-county area of Miami-Dade, Broward and […]

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Considering buying a residential investment property ? Here are a few tips on successful renovation projects.

There has been a popular trend in buying, renovating and either flipping or renting residential real estate since the the last housing crash.   Real estate investing is risky business.  If the property is purchased right, you may be able to flip it for a quick profit.  If you either decide to hold it (or get stuck […]

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  • Allied Realty Group, Inc
    2550 North Federal Highway
    Suite 200
    Fort Lauderdale, FL 33305

    Phone: 954-586-8400
    Fax: 954-586-8410
    Email: Contact Us