Lauriann L. Farmer with Rinker Realty

04/29/2013

Shortage Of Homes For Sale In South Florida Boosts Prices

South Florida home prices keep climbing at a rapid rate, fueled by an ever-shrinking pool of available properties.

Palm Beach County's median price for existing homes in March rose 28 percent from a year earlier, the Realtors Association of the Palm Beaches said Monday. It was the fourth consecutive month that the county's median has risen by more than 20 percent.

The market is surging amid the scramble to find homes. The county had 6,498 listings at the end of March, down 43 percent from a year earlier. The inventory has steadily declined over the past year.

Homes in good condition are drawing bidding wars that are boosting values across the board. And sellers are taking advantage.

Last month, Palm Beach County had 1,266 single-family homes change hands, up 12 percent from a year earlier, according to the Realtor board. Cash sales increased 9 percent.

Sun Sentinel, April 22, 2013

Buyers are here, but the inventory is gone! If you are considering selling your home, NOW is the time. Call me today, so I can SELL your home next!

03/19/2013

02/14/2013

Happy Valentines Day everyone! If you are considering selling your home, please consider me.... I would love to be your Realtor!

02/07/2013

Are you renting and looking to buy?
Are you selling and looking to rent?
Whether you are buying, selling or renting....
call Lauriann TODAY!

01/29/2013

South Florida home prices rise; median up 21 percent

INVENTORY IS LOW, PRICES ARE RISING...CALL LAURIANN TODAY....SHE CAN SELL YOUR HOME NEXT!!!

South Florida home prices rose in December, an upbeat end to a year in which sellers regained the upper hand.

Palm Beach County’s median price also rose by 21 percent in December, according to the Realtors Association of the Palm Beaches. The county had 1,184 sales – roughly half in cash -- a 15 percent increase from a year ago.

Sales and prices of existing condominiums also rose in December.

After a long housing downturn, the market rebounded in 2012. Bidding wars broke out, pitting first-time buyers against seasoned investors. Homes sold quickly and the supply of properties dried up in many areas.

“We expected 2012 to be a good year for housing, and it delivered in spades,” Stan Humphries, chief economist for Zillow.com, said in a statement. “Strong demand paired with limited inventory in many markets helped fuel a robust and often rapid recovery in overall home values, good news for homeowners after years of poor performance. We expect this recovery to continue into 2013, but at a more sustainable pace.”

Sun Sentinel, January 22, 2013

01/17/2013

I live here. I work here. I play here.

01/17/2013

If you or anyone you know is interested in this home, call Lauriann Lagalante-Farmer at 561.758.6994 or email me at [email protected].

Updated 3 bedroom, 2 bath ranch on large city lot. Granite counters, wood cabinets, new tiled floors, split bedroom plan, large enclosed screened porch, new paint throughout, IMPACT WINDOWS at kitchen sliders, master bedroom and bath and front picture window, shutters for other areas. 2 car garage and new reverse osmosis system.