June 2011

Tips for Foreign Buyers Purchasing Boca Raton Real Estate   Affordable Boca Raton real estate has been attracting foreign investors to our area for the past four to five years. One reason is they have more purchasing power because Boca Raton home prices are so affordable and their money is worth so much more here than in their own countries. With the U.S. economy rebounding and the dollar expected to strengthen, more foreign investors are expected to purchase Boca Raton and surrounding area real estate.   A Few Things That You Should Know   Investors should have a long term strategy and research market prices and neighborhoods first before making any decisions. The easiest way to do find out Boca Raton home sale prices is to work with an…

When Boca Raton Real Estate Appraisals Don’t Support Negotiated Prices   Boca Raton Realtors have noticed that some home appraisals are not supporting the negotiated sales prices between buyers and sellers and contracts are falling out as a result. Even though home sales were up by 13% in February 2011 compared to February 2010 according to the Florida Association of Realtors. One of the explanations for this is the fact that distressed home sales are distorting the true median sales prices of homes in Florida and elsewhere according to the NAR and home sale prices on single family homes and condos are fluxuating depending on how many distressed properties come on the market tin a certain neighborhood at one time. Until the uneven home sale…