| REAL ESTATE TRENDS
| Swaps and Trades
Since almost every seller is really a buyer in disguise who is prevented from buying because they can't sell, it makes sense to try to match up sellers who want to buy with other sellers who are also would-be buyers.
There are now two national websites devoted to listing properties whose owners want to trade or swap: www.goswap.org and www.onlinehousetrading.com. It is now becoming a national trend.
A trade is an exchange of properties where the owner of the lesser priced property trades his home for the more expensive one plus the cash differential. So here's a way to facillitate a swap. Let us know what you are looking for in a new home and we will try to match you up with a resident whose property may be the perfect trade. The benefits are obvious, no market time for your own property, no intrusive showings or Open Houses, take your membership level with you and potentially reduced costs.
We believe many residents wish to remain in BallenIsles but find themselves living in homes that no longer meet their current needs. Some want to downsize and others need more space but home sales have been very sluggish and mobility is restricted. It would be extremely risky to buy another more suitable home before your current property has sold. We can help. We already have a Swap List of interested residents who wish larger or smaller properties, but have not found the right fit. We would be happy to include your requirements and work on finding a trade.
BallenIsles had a very slow month with only 1 property closing in February. Showing activity has been up in BallenIsles but Buyers are reluctant to commit to a property and are looking for great deals.
BALLENISLES SALES - FEBRUARY
ADDRESS BR BA SALE PRICE
106 Coconut Key Court 3 4.5 1,125,000
*This representation is based in whole or in part on data supplied by the Realtors Association of the PalmBeaches or its Multiple Listing Services thru 02/03/09.
To learn more about current Real Estate trends in BallenIsles, click on the links below.
This custom estate home has been lovingly updated and features 4 bedrooms plus a library and 4 full baths. Clean lines and a sunny Southeast exposure overlooking golf and water makes this home shine! The totally remodeled kitchen with cherry wood cabinetry, granite counter tops, cook island, new stainless steel appliances will please the gourmet cook. Gracious living throughout with extensive crown molding, fireplace, wet bar, renovated bathrooms and new carpet. The Owners wish to downsize and would consider a swap plus cash for a smaller property in BallenIsles.
OPEN HOME Sunday March 15th, 2-4 PM
These two magnificent specimens were spotted on the fifteenth hole of the BallenIsles East course.
Both male and female adult bald eagles have a blackish-brown back and breast; a white head, neck, and tail; and yellow feet and beak. Their wingspan ranges from 72 to 90 inches. Bald eagles can fly to an altitude of 10,000 feet and during level flight, they can achieve speeds of about 30 to 35 mph.
Bald eagles sit at the top of the food chain with a diet of mainly fish. The bald eagle is a strong swimmer and are renowned for their excellent eyesight. Their hunting area varies from 1,700 to 10,000 acres but home ranges are smaller where food is present in great quantity.
Their nests are built in large trees near rivers or coasts. The 35 days of incubation duties are shared by both male and female. Wild bald eagles may live as long as thirty years and once paired, they remain together until one dies.
Today, there are an estimated 9,789 breeding pairs of bald eagles. The bald eagle became the National emblem in 1782 when the great seal of the United States was adopted.
Photograph copyright by Rodney D. Cole