Realtor Matt Milligan

03/04/2025

Asking $637,000
Come see this turnkey 3 bedroom/2 bathroom 1567 SQFT home with granite kitchen countertops, a stainless-steel split sink, a bright and naturally lit living room overlooking the covered patio and private screened-in pool, vaulted ceiling throughout, dual vanities in the master bath, whirlpool bath tub with separate shower, walk-in closets, hurricane protection, two-car garage, poolside outdoor shower, low HOA fees, community tennis court, conveniently located next to Del Prado Elementary, near 3 grocery stores (Grove Kosher/Winn Dixie/Publix), the Boca Raton Town Center Mall, Sugar Sand Park, Boca Del Mar parks, schools, highways, and places of worship. It is investor-friendly and can be rented immediately with a long-term Lease. Roof is 2008. AC is 2020. Call me for showings. 561-325-2323

https://my.flexmls.com/matthewmilligan/search/email_links/20250303174426827459000000/listings/20250303023134427294000000

02/27/2025

U.S. Pending Home Sales (meaning in contract) have hit an all-time low. The deepest single decline in pending home sales was in March of 2020 when the world went on lockdown and the housing market was frozen, with sellers and buyers unsure if the market would collapse or take off. It took off by April 2020 and led to a surge in home prices, which led to a mania of home buying. Couple this pending home sales plunge with the fact that last year (2024) was the worst year for home sales since the DotCom bubble burst 25 years prior in 1999, and the fact that we have the highest amount of properties (61k) ever listed on our South Florida MLS, and it looks like a perfect storm for a serious drop in home prices.
If you are interested in understanding more and are contemplating selling, please call/text me at 561-325-2323.
Remember, your house is not an asset, it is a liability.

02/19/2025

60,425 = today's total # of Active/For Sale listings in our market.
In the last three months, the active MLS listings surpassed its all-time high and have increased by 8,000 properties. This means properties are being listed much faster than they are being sold. This is already leading sellers to drop their prices and creating opportunities for buyers.
Do you know a seller interested in cashing out before their equity disappears?
Do you know a buyer interested in getting a great deal from an anxious and soon-to-be desperate seller?
If you do, have them call me. 561-325-2323
-Matt Milligan, LoKation Real Estate

New data shows a dramatic split in today's housing market: well-priced homes sell within days while others languish for months.

02/12/2025

I have been telling people for at least half a year now that we are headed toward a collapse in condo prices, especially for communities where most people are on fixed incomes, such as senior/55+ communities. Social security and welfare programs aren't increasing fast enough to cover the increased daily living costs of many seniors. Couple that with insurance rising due to recent Florida storms, and condo assessments/dues doubling and even tripling due to Surfside legislation, the majority of condo owners have been experiencing serious financial strain.
Btw, the MLS that covers Miami-Dade, Broward, Palm Beach, Martin, and Saint Lucie counties and 6.72 million people, has seen record amounts of listed properties, and they are coming up for sale faster than they are selling.
Currently, there are 59,641 properties are actively "For Sale" with 30,195 being condos.
ECON 101 says that excess supply decreases demand and will cause prices to drop.
What are your thoughts?

Here's why he believes the elderly might be the first ones pushed out.

07/09/2023

OPEN HOUSE TOMORROW! 11am to 2pm on Sunday 7/9- 7586 Solimar Circle Boca Raton, FL 33433 Come see the best deal on a single-family home on Del Prado Circle in central Boca Raton. The price was just reduced 3 days ago to $675,000. Read the details & CLICK the link below or call/text me at 561-325-2323.
This beautiful 3bed/2bath home has 1,578 sqft under AC, a large dining/living area, a large kitchen w/ a stainless-steel split sink & appliances, a double sink master bathroom w/ a walk-in closet, a two-car garage, 240sqft of screened-in patio, is located on a private canal, has room for a pool, and has a brand-new Spanish-tile roof (April 2023). That means 20+ years of no roof issues. Roofer's warranty is transferable to the new owner. Located in the friendly neighborhood of Solimar which has low HOA fees, a community heated pool, is conveniently located next to Del Prado Elementary, is a 2-minute drive to 3 grocery stores: Winn-Dixie, The Grove Kosher Market, Publix, is 1 mile to the YMCA, a 5-minute drive to the Boca Raton Town Center Mall 12 minutes to the Boca beaches, parks, schools, highways, and places of worship.

https://www.zillow.com/homedetails/7586-Solimar-Cir-Boca-Raton-FL-33433/46652132_zpid/

01/10/2023

4 times in a row! This time, we earned a gift for consistently delighting our guests. I am so grateful for this little adventure. Most great things in life require you to take a little . This one proved to be well-worth taking!