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.

A hiccup or a rebound?

We are trying to determine if this recent data is a hiccup or the start of a rebound in housing activity.  Deal volume picked up in February with a total of 5,790 closed residential transactions, up from the dismal number of 5,113 in January.  We always remind people that one month doesn’t make a trend, […]

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Residential inventory on the rise in South Florida

Residential real estate inventory was on the rise in South Florida during the month of January.  We have noted that some of this bounce is seasonal.  Plenty of sellers would rather not have their properties listed during the holidays.  They come off in late November and magically reappear in January.  What is noticeable this time […]

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Housing Bubble Update

The latest housing bubble in South Florida real estate looks like it has been leaking air.  Nearly a decade of easy money in the form of record low mortgage rates  helped create this monster and we aren’t sure how it will end.  What we do know is that these distortions cannot last forever and there is […]

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Headline of the day

The headline of the day appeared after existing home sales tanked for December. Here is a good  link.   Apparently real estate agents were “baffled” by the latest home sales report.  How could this happen?  You mean that real estate doesn’t always go up?  If agents would spend some time doing basic math and affordability analysis, they […]

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The big unwind

A big unwind is on the horizon.  Although the low rates and easy money helped propel the real estate markets to new highs, it is important to maintain some perspective on how these levels were reached.  There has been lots of market manipulation “tools” in order to create this latest bubble, so don’t expect it […]

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On the home stretch

Well, we are already on the home stretch in 2018 and trying to see how this year will stack-up in home sales data.  This has been an unprecedented decade of artificial stimulus for the housing market and we will soon find out how the hangover feels.  Our charts today will examine prices, sales volume, inventory […]

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

    Phone: 954-586-8400
    Fax: 954-586-8410
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