| REAL ESTATE TRENDS
BallenIsles Sales* 
We are often asked how the Internet has effected our business. Early on, many real estate industry insiders feared that the Internet would do much more than merely unlock the Multiple Listing System-traditionally accessed only by licensed real estate agents-and make its proprietary information accessible to anyone with a computer. They hypothesized that buyers and sellers would eventually use MLS information pulled freely from the web to effectively circumvent needing an agent at all.
None of this, of course, has proven to be even slightly prophetic. In fact, just the opposite is true. National realty web sites have done nothing if not re-confirm a seasoned, local real estate agent's supremacy as the most capable arbiter of what's really happening in a specific property market. The plethora of real estate data now available on the web has empowered consumers to begin their search on the web. And interesting enough, all the supposed leads generated by paid positioning and "search engine optimization" has produced very, very few actual sales! A web site can't be there for you when superb negotiating skills are needed, when mortgage or title issues loom large, when short sale and/or foreclosure expertise is badly needed; or when something else completely unforeseen suddenly stands between you and an uneventful closing on the property you are buying or selling.
NOTHING beats the value of an experienced, knowledgable local Realtors like us!
BALLENISLES SALES - MAY & JUNE
ADDRESS BR BA SALE PRICE ORIG. PRICE SALE DATE
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105 SAN MARCO DRIVE |
3 |
4.0 |
$522,700 |
$699,000 |
05/01/2012 | |
55 ST GEORGE DRIVE |
4 |
5.5 |
$1,090,000 |
$1,200,000 |
05/01/2012 | |
115 SAN MARITA |
3 |
4.5 |
$800,000 |
$1,050,000 |
05/03/2012 | |
135 CORAL CAY DRIVE |
3 |
3.0 |
$259,000 |
$325,000 |
05/14/2012 | |
31 BERMUDA LAKE DRIVE |
4 |
4.5 |
$649,000 |
$649,000 |
05/15/2012 | |
256 ISLE WAY |
3 |
3.0 |
$270,000 |
$349,000 |
05/31/2012 | |
51 SOMERSET DRIVE |
3 |
4.0 |
$525,000 |
$699,000 |
06/04/2012 | |
115B PALM POINT CIRCLE |
2 |
2.0 |
$210,000 |
$349,000 |
06/11/2012 | |
105 SUNSET COVE |
3 |
2.0 |
$211,400 |
$349,000 |
06/11/2012 | |
141 ORCHID CAY DRIVE |
3 |
3.0 |
$490,000 |
$550,000 |
06/11/2012 | |
21 ST GEORGE PLACE |
5 |
6.0 |
$883,750 |
$985,000 |
06/14/2012 | |
20 ST THOMAS DRIVE |
6 |
6.5 |
$2,575,000 |
$2,575,000 |
06/21/2012 |
*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 07/12/2012. To learn more about current Real Estate trends in BallenIsles, click on the links below. |
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FEATURED PROPERTY
Seasonal Rental
110 Windward Drive
This stunning home on an exceptionally large lot is available for seasonal rental. Completely updated to the highest standard, contemporary furnishings and renovated kitchen and baths are just a few of the special features. The outdoors will delight with an enormous paver stone, screened in patio with large pool, comfortable seating area and built-in grill. Close to the Clubhouse and Sports Complex, rent includes full golf membership. Enjoy all fabulous BallenIsles amenities including, spa, fine dining, tennis, fitness and a broad range of social activities.
See All BallenIsles Properties for Sale |
RESTAURANTS
Summer Specials
The countywide Palm Beaches Restaurant Week officially ended on June 9, but some of the participating Palm Beach restaurants are continuing to offer three-course lunches and/or dinners for $20.12 and $30.12, respectively. A couple of them have nudged those prices slightly up or down. We've seen this all before-and with pleasure because a longer-running good deal is better than a short-term one.
You may remember in 2010, the second annual and now-dormant Palm Beach (singular) Restaurant Week morphed into a month-long promo and then was referred to as Palm Beach Restaurant Summer as it endured for a few months or more. Back to Palm BeachES (plural) Restaurant Week, which was an inaugural event organized by West Palm Beach-based Shamin Abas Public Relations.
Among the participating Palm Beach restaurants planning a summer-long offer of $20.12 three-course lunches and/or $30.12 three-couse dinners-or an approximation of that formula-include Malcolm's at The Omphoy and 264 The Grill, where "patrons love our $30.12 dinner menu-super value," according to co-owner Patti Gatti. Renato's, another Palm Beaches Restaurant Week participant, will continue to offer special three-course lunch and dinner menus throughout the summer, but according to a slightly different recipe. The dinner menu is $35; the three-course lunch menu is $20. "We made the lunch (deal) 12 cents better!" Renato's GM, Jose-Luis Duran, drolly points out.
Be sure to check out special offers and coupons in the Palm Beach Post over the summer months. It is advisable to call, in advance, any restaurant where you're considering dining this summer because deals abound during this slower-business time of year. Even some of the Restaurant Week participants that concluded their $20.12 and $30.12 deals have other ones in place-in some cases at perhaps a better value. Take Palm Beach's Trevini: There's an $18 three-course lunch menu and a $28.95 three-course dinner menu.
Click here to read more about local restaurants |
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