November 2014

There are 3 blog entries for November 2014.

Downtown Boca Raton New CondominiumsA downtown Boca Raton residential complex that languished for 10 years in the planning stages has been revived -- now with bigger proportions.

Royal Palm Place was approved in 2003 as a 149-unit, downtown apartment complex, part of the mixed-use development on Federal Highway. It received several extensions on its approval until time ran out in March.

But now, one of Boca's biggest landowners, Investments Limited, is bringing Royal Palm Place back to life. And now it's 200 units, instead of 149, and 13 stories high, instead of 10. It will also reach at least 40 feet higher the city's official 100-foot limit.

"The Royal Palm proposal is a sign of the times as there is robust demand for downtown units," said Glenn Gromann, chairman of the Downtown

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Realtors vs. For Sale By Owner

Let us see if selling your home by yourself as a FSBO (For Sale by Owner) is really cheaper as compared to selling it through a Realtor.

It has been discovered through research conducted that FSBO (For Sale By Owner) takes longer to sell, in addition to the fact that about 21% of them end up being listed on Multiple Listing Service (MLS). This leads to an average of 68 days longer as compared to real estate listed with a Realtor. So, with a Realtor, the average property spends approximately 69 days on the market, while with the property being sold by the owner, (FSBO), it spends as long as 88 days on the market.

Are you really saving money?

Many home sellers in today's real estate market are inclined to at least

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