Brian Pearl Real Estate Blog

A deal that would allow the construction of a $200 million mixed-use project downtown on Atlantic Avenue is moving closer after more than a decade of planning and approvals.

Atlantic Crossing, a 9-acre project featuring apartments, offices, restaurants and shops, would be located beside Veterans Park along the Intracoastal Waterway. It’s the city’s largest proposed development in terms of square footage at the moment, said city commissioner Mitch Katz.

“It’s important because it’s prime real estate on Atlantic Avenue that needs to be be developed,” he said. “I just want to see this move forward.”

Signing the agreement would end a lawsuit the developer filed in 2015 over delays, and eliminate the risk of the city paying an estimated $40 million in

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Forget fast-appreciating Denver and stratospheric San Francisco. Palm Beach County has elbowed its way into the top spot on a real estate firm’s list of the nation’s hottest housing markets. According to an analysis by property marketplace Ten-X, Palm Beach County has seen torrid price appreciation, a robust job market and strong population growth. “Palm Beach County’s housing market is scorching,” Ten-X said in its report released Tuesday. “Seasonally adjusted home prices are up 16.8 percent year-over-year, the highest pace in the country.” Even after the run-up in prices, Palm Beach County values remain 14 percent below their peak, Ten-X said, “suggesting additional room to run.” However, Ten-X’s conclusion is far from unanimous. “That’s just not…
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Aerial of St. Andrews Country Club in Boca Raton

Phase I of the three phase $25 Million Club Improvement Plan is complete and included the renovation and redesign of the 18-hole Olde course and practice facilities by golf course designer, Tom Fazio II, along with substantial improvements to the ballroom and ladies' card room.

Fazio's design for the new Fazio II Course features stunning and strategic bunkering, dramatic change in the visual appearance, new landscaping, new bulkheads and lake banks, new drainage and irrigation foundations, new greens, tees, bunkers and cart paths, installation of Bermuda Turf, and most importantly, improving the playability at all skill levels for members and guests.

Improvements to the practice facilities included an added water feature, a larger and centrally

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2017 will be all about being nimble, responding quickly to market changes and keeping your clients informed

Key Takeaways

  • There is solid optimism about the housing market in 2017, with 27.43 percent of respondents saying they are extremely optimistic.
  • More than half of this survey's respondents (52.21 percent) expect President-elect Donald Trump to have a positive effect on the U.S. housing market.
  • A strong majority (71.24 percent) of respondents have plans to expand their businesses next year.
  • Nearly 50 percent of respondents think unit sales will go up in 2017, and 75 percent of those surveyed think that prices will go up.

Special Report survey respondents and some of the industry’s top executives were nearly

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What will happen to mortgage rates, affordability, inventory and more

Key Takeaways

  • Mortgage rates are likely to continue to increase throughout 2017.

  • There will not be any easing in inventory, and affordability will still be a challenge in big markets.

  • The potential is there for a large number of first-time buyers to enter the buying market, but they will face new challenges.

It’s been one unprecedented 2016, between the Brexit vote, the continued persistence of low mortgage interest rates and an election that seemed to temporarily throw markets for a loop.

What will the 12 months encompassing 2017 hold in store for housing?

Inman asked eight different experts to give their take:

  • Steve Cook, editor
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And the biggest piece of reader advice: 'Listen to your real estate agent!'

Key Takeaways

  • We asked Inman readers about the biggest mistakes they've seen first-time homebuyers make.
  • These were the top three: not talking to a lender first, waiting too long to make an offer and offering too little for properties.
  • The resounding piece of advice readers offered was: "Listen to your agent!"
As with many things in 2016, the housing market has been plagued with various issues: plummeting inventory, skyrocketing home prices and affordability problems that are keeping some buyers still. However, the National Association of Realtors’ September existing-home sales report revealed a promising silver lining — first-time homebuyers.

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Lang Realty Goes Pink for Breast Cancer Awareness

LangRealty goes pink in October to raise money and awareness for breast cancer research

Lang Realty is "Opening the Door for a Cure" to benefit the American Cancer Society. Throughout the month of October, Lang will turn “pink” in support of Breast Cancer Awareness Month. As part of the month-long promotion, Lang’s branding and advertising will be pink; offices will turn pink with décor and pink themed events will be held throughout the company. Lang Realty will make a donation to American Cancer Society, Making Strides Against Breast Cancer, for each home closed throughout October. Many of Lang’s agents and staff have formed teams to participate in area Making Strides Against Breast Cancer to raise additional funds. Last year, Lang Realty raised

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Brian Pearl of Lang Realty participate in a charity walk for the Alzheimers Association

Lang Realty’s Pat Roseboom, a longtime supporter of the Alzheimer’s Association, organized two teams to participate in the 2016 Walk to End Alzheimer’s at Mizner Park in Boca Raton on Sunday, September 25.  More than $5,000 was raised through donations and pledges through both teams, The Pearl Antonacci Group of Lang Realty team and Boca Women’s Executive Club.

“This charity does so much in our community to help find a cure for this terrible disease and support family members and friends who become caretakers,” said Roseboom, an agent specializing in buyers for The Pearl Antonacci Group of Lang Realty.  “It was great to see many Lang agents, members of the Boca Women’s Executive Club, clients and friends come out to support this cause.”  "We are

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Downtown Boca Raton - Mizner 200 New Design for Condos

Mizner 200 Boca Raton Condos for Sale in Downtown Boca

Mizner 200 - Project Overview

Location: Mizner Boulevard next to Townsend Place Condominiums just north of Camino Real

Number of Units: 340-384

Development Size: Four 9-story condo towers averaging 300 feet in height (proposed)

Price Range: $750 per square foot (blended average); $1,500,000 average price per unit
Developer
: Elad National Properties

Mizner 200 latest update 

Last week, Boca Raton received plans for the updated version of Mizner 200, the Elad National Properties condo project that would replace Elad’s Mizner on the Green rental complex across Mizner Boulevard from Royal Palm Place. The change in design is significant and pleasing.  Like the first version, the new plan is for 384 luxury units. Like the first

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Moderne Boca Raton Townhomes

Moderne Boca, central Boca Raton's newest community, is under construction on one of the last undeveloped parcels in central Boca Raton. Located on the northeast corner of Spanish River Blvd and Military Trail, Moderne Boca Townhomes will be comprised of 75 contemporary townhouses, each three stories with outdoor space and two car garages.  Each townhome in Moderne Boca Raton will have 3 bedrooms and prices are expected to start in the low $600's.  West Palm Beach based Kolter who built One City Plaza an Two City Plaza in Downtown West Palm Beach is the builder of this new community.  Affinity Architects designed the unique townhouses. 

The location of Moderne Boca places it directly around Don Estridge Middle School, Pope John Paul High School,

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