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Can the HARP Program help me?

If you are are one of the thousands of South Florida homeowners struggling to make your mortgage payments, but you can't refinance at today's lower rates because you're "underwater" (the mortgage on your home is more than the home

Rentals in the Jupiter area are tight

Good rentals are getting hard to find and the rent prices are increasing. This is probably good news for the Jupiter/Palm Beach Gardens/Tequesta housing market overall. Why? Because it means the inventory of homes for rent is shrinking, probably because

It's a GREAT Time to Buy. Really!

Okay, so you've been thinking of buying a house, but you don't know if you can afford it....downpayment, closing costs, repairs....what's it going to take? Well, if you're in the market to buy, here are a few things to consider. If you

Shadow Inventory Keeps the Housing Market Down

If you're hoping this depressed housing market in Palm Beach County is going to pick up any time soon, so you won't be upside down on that house you own that you wish you could sell...well, I wouldn't hold my breath. Why? Because we still

Shadow Inventory Effects House Prices

If you're hoping this depressed housing market in Palm Beach County is going to pick up any time soon, so you won't be upside down on that house you own that you wish you could sell...well, I wouldn't hold my breath. Why? Because we still

STOP RENTING NOW AND BUY A HOME - IT'S PROBABLY BE CHEAPER!

With home prices (single family homes, Condos and Townhouses) having dropped over 50% in Palm Beach County since the highs of 2005-2006, and mortgage interest rates at or near an all time low, it makes a lot more sense to buy now than to rent in many
Posted by Bob Allen | 0 Comments
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Property values may be stabalizing in Abacoa

The inventory of townhouses and single family homes in Abacoa appears to be decreasing and consequently values are stabalizing and even rising in most cases. Townhouses that sold for as low as $200,000 have recently been selling for around $250,000. A

Bang for your Buck: Home Renos in 2010

If you're like most people, expensive home renovations are not in the budget for 2010. We all have grand ideas of how our homes could potentially be improved, but a brand new top-of-the-line kitchen may not be an option in these economic times. Many

Fixer Upper Home Loans

Do you love the idea of buying a junky house with tons of potential? Are you handy or have an eye for renovating? Do you watch too much HGTV? I'm sure most of us answered yes to at least one of these (most likely the last one). But with fixer uppers

Holiday Boat Parade in Palm Beach County

Yet another advantage of living by the water: our holiday parade is on the water! This Saturday, December 5 from 6:00-10:00 the Palm Beach Holiday Boat Parade takes off through the waterways, so find a good spot check it out. While those poor souls up

Buyers and Sellers in a Bizarre Market

Most people agree that this is the most unusual real estate market in recent history. Most would say buyers have all the power, but believe it or not, some areas have made a recent transition back to a seller's market. Whichever way you look at it,

Bob Talks on Local News about Tax Credit: "Great for the Economy"

The Allen Group's own Bob Allen was interviewed recently by WPBF ABC local news regarding the home buyer tax credit extension. To see the full article, click here .
Posted by Brooke Allen | 0 Comments

Condo Lending Relaxes

After more than a year of stringent lending guidelines, the Federal Housing Administration is temporarily easing up on insuring loans on condominiums. Condos were hit hardest by the national housing decline, especially in Florida, and buyers have found

Short Sales: How to Buy One

You found a house for sale, and it just so happens it is the one you've been dreaming about your whole life. And it also happens to be a short sale. What to do? True, it is getting harder to get short sales approved, BUT it is definitely still happening,

Video Tour of Martinique at Abacoa - Hot New Listing!

Check out our brand new listing at 139 Soriano Dr. in Martinique at Abacoa in Jupiter. Click here for a guided video tour: http://www.youtube.com/watch?v=eebmI7Wy65g For more info and pictures, go to 139soriano.boballenhomes.com . Beautifully upgraded
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