THE ALLEN GROUP - Jupiter, FL Real Estate

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  • 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 many of the houses investors were trying to rent have been foreclosed on ...
    Posted to Jupiter: The Best Place on Earth (Weblog) by 218693 on December 8, 2011
  • 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 have a very high inventory of homes and there are a lot more to follow, ...
    Posted to Jupiter: The Best Place on Earth (Weblog) by 218693 on November 9, 2010
  • 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 have a very high inventory of homes and there are a lot more to follow, ...
    Posted to Jupiter: The Best Place on Earth (Weblog) by 218693 on November 9, 2010
  • 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, it's a quickly changing market...especially when you look at some recent ...
    Posted to Jupiter: The Best Place on Earth (Weblog) by 718037 on November 24, 2009
  • Short Sales: Worth it or waste of time?

    Picture this:  A newly hired short sale processor making $10 an hour, sitting in his cubicle with files stacked to the ceiling, the phone ringing incessantly and the fax machine pouring out sheet after sheet of paper all day long.  He is so indundated that it's all he can do just to upload one complete file into the ...
    Posted to Jupiter: The Best Place on Earth (Weblog) by 718037 on October 13, 2009