Palm Shores  Real Estate  News

 

Welcome to the 1st online edition of the
Palm Shores Real Estate Newsletter.

After 6 years of the printed version, we are now Paperless.
We hope you continue to enjoy this version as much as you did the printed version.  You NOW access this newsletter from anywhere online, including your email.

You can check out current homes for sale, view pictures, pricing & details, as well view home sales for the last 12 months from here.  And for those interested in market trends & statistics, you can download local predictions & Market Stats for our area.


BACK ISSUES – ARCHIVES

 

Palm Shores:  In 2018 17 Homes SOLD in our community, and 1 or 2  more might close out before the end of the year.  There are 7 homes for Sale, and 1 is under contract.  The rental is also under contract.

The market is slow right now,  it hasn’t been like this in a long time.  In the last year we have seen LESS CASH Buyers and a lot MORE FINANCING Buyers than we have in almost 10 years. Financing seems to be dominating the market, and that too is slowing, especially with rising interest rates.  The homes tend to sit longer on the market in ALL communities, not just ours!  We’re definitely seeing a lack of buyers, and the ones that are shopping, aren’t pulling the trigger so quickly…… BUT The good news is, after Thanksgiving the activity is starting to pick up again
Is the market finally settling down?

 

Palm Beach County:  Market Stats 
courtesy of: The Palm Beach & The Fort Lauderdale Associations

Some economic observers are pointing to 2018 as the final period in a long string of happy years of buyer demand and sales excitement for the housing industry.  If the last few months are an indication of the temperature of housing markets across the country, a period of relative calm can be expected during the last three months of the year.  A trend of market balance is emerging as we approach the end of 2018.
Download the full report here


Homes for Sale in Palm Shores
 

The following listings represent an assortment of properties available for Sale in the MLS
Click the Home to view the Details

 

8851 Boatswain Dr.     $303,500.00

3 Bedrooms / 2 Bathrooms / 2 Car Garage

last sale  – 11-07-18  – $303,500.00
(courtesy of Higher Standards Real Estate)

 

8451 Compass Dr.       $253,900.00

2 Bedrooms / 2 Bathrooms / 1 Car Garage

ON THE LAKE….
LARGE 2 Bedroom, (2107 Sq ft) updated
with/a FLORIDA Room, FAMILY Room, LAUNDRY Room and 1 Car garage with/a DOUBLE Driveway.
(courtesy of Higher Standards Real Estate)

 

4738 Sextant Circle  $2,100/mth  RENTAL

3 Bedrooms / 2 Bathrooms / 2 Car Garage

RENT this LARGE Single Family Home with/a LARGE Air-Conditioned FLORIDA ROOM overlooking the LAKE, with an OUTDOOR PATIO.
(courtesy of Higher Standards Real Estate)

 

4707 Sextant Cir.    $289,900.00

3 Bedrooms / 2 Bathrooms / 2 Car Garage

Over-sized Lot!
The backyard’s one of the largest lots in the community. Hurricane accordion shutters and a newer A/C
(courtesy of American Paradise Prop.)

 

8521 Leeway Lane.      $265,000.00

3 Bedrooms / 2 Bathrooms / 2 Car Garage

 Yes, dogs up to 50 Lbs. are allowed! Enjoy this cozy home in a very quiet corner and the largest model in the community.
(courtesy of  Realty Home Advisors)

 

8430 Leeway Lane    $259,000.00

3 Bedrooms / 2 Bathrooms / 2 Car Garage

Total renovation! on cu-de-sac.
Brand new kitchen, bathrooms, new flooring in bedrooms,
All New Tile
(courtesy of Keller Williams Coastal)

 

  8840 Boatswain Dr.     $299,500.00

3 Bedrooms / 2 Bathrooms / 2 Car Garage

This Pristine home will not disappoint.  Kitchen has been updated with new cabinets & granite countertops. hurricane garage door & front door.
(courtesy of Direct mls Listing)

4754 Sextant Cir.      $315,000.00

3 Bedrooms / 2 Bathrooms / 2 Car Garage

Smartly and meticulously updated on the Lake.
Newer Roof, A/C, appliances & bathrooms.
Double door entry (with leaded hurricane glass inlays)
(courtesy of Charles Rutenberg)

 

 Closed Sales

1/01/19   4738 Sextant  3+2+2   $2,100 Rental

11/07/18 8851 Boatswain  3+2+2  $303,500

11/07/18   4844 Navigator  3+2+2    $255,000

10/31/18  4831 Catamaran  2+2+1  $240,000

10/10/18  4560 Catamaran  3+2+2  $276,500

10/05/18  4640 Catamaran  3+2+2  $287,500

  9/07/18  8461 Leeway    3+2+2   $258,000

   6/25/18  4699 Sextant     3+2+2   $232,000

   6/12/18   4714 Sextant   3+2+2    $263,000

    6/07/18  4560 Catamaran 3+2+2  $280,000

    5/22/18  4671 Catamaran 3+2+2 $255,000

    5/14/18  8481 Leeway    2+2+1   $223,000

   3/27/18  8411 Leeway    3+2+2     $270,000

    3/16/18  4811 Catamaran 3+2+2  $260,000

   1/31/18  8891 Boatswain  3+2+2  $245,000

     1/30/18  4711 Capstar     3+2+2   $310,000

     1/26/18  8484 Navigator  3+2+2  $235,000

     1/10/18  4771 Yardarm    3+2+2  $275,000

 

 

 Highlights & Events Newsletter
Local Events & Attractions
around town… many for free.

 January  2019
Highlights & Attractions around town Newsletter 

 

 

myPalmShores.com

Official Community Website
for Palm Shores

 

 

PBC Property Appraiser

Homestead Exemption Deadline is March 1, 2019
Forms can be downloaded on their website

 

PBC – Permits Department

Any open-inactive permits on your home?
Check your address on their website

 

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Palm Beach County Skyline

   

 

We hope you enjoyed the Palm Shores Real Estate Newsletter.
Next edition will be released in February. (bi-monthly)
Don’t forget to sign up before you leave…..

 

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If you have any questions
Just Ask!

Roni Cagen, Realtor
Licensed in Florida & New York
The Cagen Team
561-254-9749

Higher Standards Real Estate Company
(Florida Broker)
rhondacagen@yahoo.com
www.RealEstateRoni.com

Coldwell Banker Residential Real Estate
(New York Broker)
ronicagen@yahoo.com
servicing Long Island & Queens

 

Your Neighbor & Palm Shores Specialist

 

 

 

 

disclaimer:  If you are currently working with a Real Estate Professional, this is not a solicitation for your business.  As a Real Estate Professional who lives in Palm Shores, this is for informational purposes only!
I do the newsletter as a service to my community to help keep you updated on the Real Estate Market in Palm Shores.