Frenchman's Reserve fountain

FOUNTAIN AT THE ENTRANCE TO FRENCHMAN'S RESERVE

The word was Toll Brothers spent nearly $ 1,000,000 on this fountain when they started Frenchman's Reserve in Palm Beach Gardens.
If you are interested in the northern Palm Beach County real estate market and communities like Frenchman's Reserve, follow this blog or visit me on the web:
Richard Sites, Realty Associates-FL Properties
561-762-4073

Jupiter Florida Real Estate-Riverfront Sale

RIVERFRONT SALE IN JUPITER



Here is a recent sale on the river (Loxahatchee River/Jupiter Inlet).

This house was in a highly desirable section of the river, then again what section of the river isn't desirable? It went on the market at $ 2.3 million and just sold for $ 1.3 million...in round figures.

To track the Jupiter area real estate market, follow this blog or visit me on the web:

www.CoastalFloridaRealEstate.net

Richard Sites

Realty Associates-FL Properties

rsites@bellsouth.net

561-762-4073

Jupiter Florida Real Estate-Jupiter Island Condo Sale

RECENT CONDOMINIUM SALE ON JUPITER ISLAND

How about this for location? This is the Seawatch Condominium on Jupiter Island. You are facing east and looking over the clear water of the Intracoastal Waterway out to the Atlantic Ocean. There are some fabulous condominiums located on the southern section of Jupiter Island and south of the estate section of the Island where Tiger Woods, Greg Norman, Nick Price and others live.

A unit in here just sold for $ 700,000.

To learn more about the Jupiter/Tequesta and Jupiter Island real estate market, follow this blog or visit me at: http://www.coastalfloridarealestate.net/.

Richard Sites

Realty Associates-FL Properties

rsites@bellsouth.net

561-762-4073

Jupiter Florida Real Estate-Recent Sales

HERE ARE SOME RECENT SALES IN THE JUPITER AREA

This house is in the Jupiter development of Abacoa, a planned community on the southern side of Jupiter. Abacoa in home to Scripps Institute, Florida Atlantic University Honors, Roger Dean Stadium and the heart of Abacoa, Town Center.


Abacoa communities are each distinct and each has its own personality. From small condos above the shops in Town Center to home/office work spaces right on up to $ 1 million plus homes in Valencia.


The house above is in Tuscany and originally listed at $ 525,000. It just sold for $ 377,000.


Or how about this home:


This home is in Valencia, again in the Abacoa area, and recently sold for $ 1,000,000. It has the Wright inspired feel of Santa Barbara.


To keep abreast of the Jupiter real estate market, follow this blog or visit me on the web at: http://www.coastalfloridarealestate.net/.


Richard Sites


Realty Associates-FL Properties


rsites@bellsouth.net


561-762-4073




Jupiter Florida Summer Thunderstorm

Boy have we had the rain! We went forever without a drop but when the summer thunderstorms start, watch out!
I took this picture looking west toward Jupiter Farms.

Richard Sites
Realty Associates-FL Properties
rsites@bellsouth.net
561-762-4073

Jupiter Florida Real Estate-Jupiter Farms



As a native south Floridian and lifelong resident, I have always enjoyed "old Florida". Although I have lived in Jupiter since 1991, my family and I didn't move to Jupiter Farms until 2000. Since that time we have enjoyed the unspoiled beauty of the area and the Jupiter Farms Residents group is largely responsible for protecting our way of life.
Each month, they publish a small newspaper, The Jupiter Farmer, and distribute it free to all JF residents. You can visit them at: http://www.jupiterfarmer.com/.

To borrow some text from their website, here's who and what they do for all of us:

Jupiter Farms Residents, Inc. is a civic organization that along with The Jupiter Farmer, keeps residents informed of events and issues of concern to Farms residents. JFR was organized in the early nineties when many Farms residents opposed a regional shopping center that was suggested for the property on which the Jupiter Farms Shopping Center has been built. The founding members of JFR were instrumental in getting the proposed center downsized, operating hours appropriate for the Farms area, and architectural guidelines for country style buildings suitable for the rural community were established.JFR has been and will always be committed to furthering and preserving the country life style of the Farms. Farms residents cherish the open space around their homes. They want to be able to see the stars at night. They want the privilege of having horses and farm animals, chickens and ducks on their properties. Many residents favor the Swales to Trails concept, a project of Jupiter Farms Environmental Council, that is being developed in conjunction with the ever expanding greenway areas connecting preserved lands. Farms residents like seeing the hawks, owls, waterfowl and songbirds in their yards.To help preserve this rural lifestyle, JFR and The Jupiter Farmer bring the issues to the residents, collect the opinions, thoughts and ideas of the residents and forward these comments to the County, South Indian River Water Control District (SIRWCD), and other government entities.

Hardly a day goes by that we don't take note of what a special place Jupiter Farms is.

If you are looking at Jupiter Farms homes for sale, you can see them all by visiting Coastal Florida Real Estate or to see the best deals contact me, Richard Sites, directly at 561-762-4073.


Jupiter Florida Real Estate-Jupiter Island



This home on Jupiter Island just sold after 624 days on the market. Sure, the house may not have been the most grand on the market, (it was originally built as a guest house)but who can argue with the oceanfront location?


If you like this type of home, you can find out more by visiting:



or contacting me directly at 561-762-4073.

Richard Sites
Realty Associates-FL Properties
rsites@bellsouth.net

Jupiter Florida Real Estate-Jupiter Farms

Recent sale in Jupiter Farms

This 1,900 square foot home just sold in Jupiter Farms in only 38 days for the price of $ 280,000. This was a cash transaction.

As I've mentioned before, the bulk of the sales in Palm Beach county are now under $ 500,000 and most are being made by First Time Home Buyers due to the $ 8,000 credit from the gov't.

To stay abreast of the Jupiter/Tequesta area real estate market, follow this blog or visit me on the web at: http://www.coastalfloridarealestate.net/ when the content and market statistics are updated.


Richard Sites

Realty Associates-FL Properties
rsites@bellsouth.net
561-762-4073

Jupiter Florida Real Estate-Jupiter Farms sales

Last month sales in Jupiter Farms



In the last 30 days, there were 8 sales in Jupiter Farms (not all of the western communities).



The average selling price was $ 235,278 but the median sales price was $ $ 204,000.



Remember, median home prices for the first quarter of this year dropped 31% from a year ago.

To find out more about the Jupiter and surrounding real estate market, follow this blog or visit me on the web at: http://www.coastalfloridarealestate.net/ where the statistics and market info are always changing.

Richard Sites Realty Associates-FL Properties
rsites@bellsouth.net
561-762-4073

Jupiter Florida Real Estate-Frenchman's Reserve

Recent sale in Frenchman's Reserve

This 5,500 sq. ft. house just sold in Frenchman's Reserve, an upscale, Toll Brothers development located just south of Jupiter in Palm Beach Gardens.

The house was originally listed at $ 1,799,000 in June of 2007. During the nearly 2 years it was on the market, the price was raised and lowered several times and rented.

It wasn't until the price got down to $ 1,299,000 that a buyer was found.

To find out more about the Jupiter and surrounding real estate market, follow this blog or visit me on the web at:
www.CoastalFloridaRealEstate.net where the statistics and market info are always changing.

Richard Sites
Realty Associates-FL Properties
rsites@bellsouth.net
561-762-4073

Riverbend Park in Jupiter offers something for everyone to enjoy


















Take a step back in time and enjoy walking, bicycling, riding, or canoeing through beautiful and historic Riverbend Park. From the ancient Indian middens, through the Seminole War Battles, to present day restoration, see Florida as the first settlers did. Nearly 10 miles of hiking/biking trails, 7 miles of equestrian trails and 5 miles of canoeing/kayaking trails allow for hours of enjoyment. Stroll along the Wild and Scenic Loxahatchee River, visit the Cracker Farmstead, and picnic in the shade under a Seminole chickee.

Riverbend is a 750 acre park located just west of I-95 and the Florida Turnpike on Indiantown Road. The Park is located at the headwaters of the Loxahatchee River, a Federally designated Wild & Scenic River, which starts here and winds its way through Jonathan Dickinson Park then into the Jupiter Inlet and out to the Atlantic. Enormous cypress trees line the river here and the dark, tannin filled water snakes quietly and slowing through the trees.
Leaving the entrance and the river, the park opens up to hiking and biking trails, an old farmstead with sawmill, garden, citrus groves and animals feeders.
















Looking at homes for sale in Jupiter and Jupiter Farms?  I can show you any house listed for sale or you can search the MLS yourself by visiting www.coastalflrealestate.com.

Search for a home in Jupiter on the MLS...yourself

Inward marketing is all about giving the viewer control and access to the information. And to that end, every Realtor is posting all the Regional MLS listings on their website. If you would like to do that yourself, there are 2 options besides going to Realtor.com. First, you can visit my website and search yourself at http://http://webapps2.planetrealtor.com/idx/pkg_IDX.pr_IDXSearch?sStateID=FL&sRealtorID=1205991&sUserType=R&sSearchStateID=FL&sSearchSource=X

You will not be required to sign in to use this. The second option is to visit the webiste the MLS has established to let you do it yourself.

http://www.hometoflorida.com/ You don't have to sign in to use this either.

Basically, it all comes to down to allowing the viewer to control the process. If we have a discussion on listing or selling your home, the phrase IDX will be explained. This is what is driving today's market.

Visit me at: http://www.coastalfloridarealestate.net

Richard Sites, Realty Associates-FL Properties
rsites@bellsouth.net
561-762-4073

Tiger Woods estate on Jupiter Island

Here is an aerial shot of the several parcels on Jupiter Island that Tiger Woods bought and is converting into one compound. The main house was once owned by Chuck Curcio of Tire Kingdom fame. Rumor has it he moved into a cult and gave it all up, but that’s not true. Jupiter Island is also home to Greg Norman and Nick Price among golfers and other famous celebrities like Alan Jackson and old-money families.

Okay, we all can’t live like Tiger, but if you want to find out more about the Jupiter real estate market, visit me at: Coastal Florida Real Estate.   Every home for sale along with every picture is listed in real time and no other site has any more or more current information.  And if you need a little guidance, I have lived here 22 years and can show you the best locations and some great values.



Greg Norman estate on Jupiter Island



Well, tomorrow Greg Norman's house on Jupiter Island will have been on the market for 1 year. OK, they've reduced the price...down from $ 65,000,000 to $ 47,500,000. Apparently even a price reduction of $ 17.5 million isn't enough to get a buyer. This is one of the truly spectacular home sites on Jupiter Island running all the way through the island from the Intracoastal Waterway to the Atlantic Ocean. And, he has a beachfront house to boot. I know the nearly $1,000 a day in taxes is really a pain.


So, if you're really serious about that second home in Florida...here's your chance! If this isn't the right house, we have 23 more priced over the $ 20,000,000 mark!





Richard Sites

Realty Associates-FL Properties

561-762-4073

Guanabanas Restuarant in Jupiter


Wow, the extreme makeover has blown the doors off the Jupiter restaurant scene !
When Guanabanas first opened, interest in the restaurant was lackluster. So, last year the owners spent $ 2.5 million upgrading the facility which sits on the Jupiter River. And the results have been overwhelming! If you want to go to dinner there, go early or risk a long wait.  On a weekend night, it almost looks like a movie premier here with the crowds.

The outdoor dining has a distinctive, tropical look with specialty plants like bamboo and towering elephant ears, and varying floor heights. These give nearly every table a private feel yet most still have a great view of the water and the prevailing, S.E. breezes. If you want to try something completely different, this is it!

There are also Adirondack chairs facing the water where you can have a drink and watch the activity on the water.  The Jupiter Outdoor Center rents kayaks and paddle boards if you want to venture onto the water.  If you would like a personal tour by the water from a kayak, you can be shown the best areas.

Looking at homes for sale in Jupiter?  Unlike many agents I have lived here 21 years and can show you the best values and locations.  Jupiter real estate offers some of the finest Florida living along the coast.  Contact me at 561-762-4073.
Richard Sites, Realtor





Keith Hernandez to sell


Baseball star Keith Hernandez (and of Seinfeld fame) has listed his 2,600 square foot townhome here in Jupiter for $ 685,000.
The unit is a tasteful, waterfront unit and although I know he has lived here for several years, he was seldom seen in town.
So, last month 119 homes sold but how did they break down by price range?

97 of 119, (82%) were under $ 500,000. Whew, that doesn't leave many others does it?

Only 10 sold between $500,000 and $1 million. And, of the few remaining sales over $ 1,000,000...three were in Admirals Cove. With its waterfront estate homes and 80,000 square foot clubhouse, Admirals continues to sell.
Visit me at: http://www.CoastalFloridaRealEstate.net

So, what is really happening in Jupiter and Tequesta. Well, according to the Regional MLS, last month in these 2 cities there were 119 sales (not under contract). This is about 6% of the active listings and of course doesn't count FSBO's and those temporarily off the market. At this rate, it will take about 16 months to get back to a "normal" supply (6 months supply) if NO MORE homes come on the market. If you read my last post, you know that the bulk of these sales are being done by first time home buyers taking advantage of the $ 8,000 credit from Uncle Sam.

Home sales data for first quarter


The official numbers are in for Palm Beach and it looks very promising ! Home sales for the first quarter of this year are up over 20% from last year. This, in spite of the huge spike in foreclosures. But, the reasons are really two fold. First, median home prices have fallen 31% year to year. Second, much of the activity is being generated by the first time home buyer rebate program, that is the $ 8,000 carrot from the government. Visit me on the web at:

Home sales are up !!



SALES ARE UP ! INTEREST RATES ARE DOWN! And home buyers are taking advantage of both.

If you are thinking about selling, this may be the perfect time.

Visit me at: http://www.coastalfloridarealestate.net/

Celebrity Dog Wash in Jupiter


SAFE HARBOUR CELEBRITY DOG WASH
Safe Harbor's 22nd Annual Celebrity Dog Wash will take place on Saturday, May 16th. With Carlin Park's beautiful new amphitheater complete and Safe Harbor finally recovering from a devastating fire last March, this year's event is very important and it will take all of us to make it a success! It takes over 250 volunteers to make this event that we so greatly depend on for income, happen every year.
Please call Nicole Cremens at 747-5311 for more information on how you can be a part of one of South Florida's biggest pet-friendly events. Thanks for helping the animals!

First Time Home Buyers


First-time home buyers--like teachers, firefighters and other middle class workers who were once priced out of the Palm Beach County market during the big run up--are rejuvenating the low end of the county's real estate market.
The number of sales contracts for Palm Beach County went up 134% from March to April of this year, according to Regional MLS figures.
Historically low interest rates and an $ 8,000 credit for first-time buyers are the most influential reasons.

Existing home sales slip


WASHINGTON – April 23, 2009 – Existing-home sales eased in March but first-time buyers are responding to low mortgage interest rates and tax credits, according to the National Association of Realtors® (NAR).Existing-home sales – including single-family, townhomes, condominiums and co-ops – declined 3 percent to a seasonally adjusted annual rate of 4.57 million units in March from a downwardly revised level of 4.71 million in February, and were 7.1 percent lower than the 4.92 million-unit pace in March 2008.Lawrence Yun, NAR chief economist, said the market appears to be stabilizing with modest monthly ups and downs, and that first-time buyers are driving the market. “The share of lower priced home sales has trended up, indicating a return of many first-time buyers, which we also see in a parallel member survey,” he said. “Sales in the upper price ranges remain stalled because of higher interest rates on jumbo loans.” An NAR practitioner survey in March showed first-time buyers accounted for 53 percent of transactions, based largely on contracts offered before the $8,000 first-time home buyer tax credit became available.

Sun Fest this weekend!



Sun Fest is happening this weekend on the waterfront in downtown West Palm Beach. Check it out on the web: http://CoastalFloridaRealEstate.net

Winter season comes to an end!

So, the season of 08-09 comes to an end since May 1 officially signals the end of the season. You can finally get a decent tee time again and find a parking space.

Its now not uncommon to find the auto transport companys parked in front of our premier club communities picking up cars to take back up north.

The ocean is still fairly cool this time of year, but summer dophin fishing is just around the corner.

http://www.CoastalFloridaRealEstate.net
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