Thomas Frankel, Frankel Enterprises president, reports that 30 of 46 residences in Azure's first mid-rise building have gone to contract in the first three months of marketing of Azure Palm Beaches. Already $40 million in new luxury waterfront condo sales has been recorded at the Palm Beach Gardens community.

Palm Beach Gardens approved the Azure project; construction will begin later this month, for 113 units to be built on 14 acres at Donald Ross Road and the Intracoastal Waterway.

"This sales benchmark is important for us", says Frankel, " It shows the strength of the South Florida luxury real estate market rebound and allows us to initiate construction ahead of projections. Most importantly, it will make it possible for Azure's first buyers to move in earlier than expected: summer of 2016."

As you might remember in Azure:Waterfront Living Perfected, Leibowitz Realty Group was the exclusive listing agent on the land where Azure will be located and is still at this time offering special buyer incentives to their past, current & future clients, who they represent at this new Azure Waterfront condominium community.

Now is the best time to enter the real estate market. Your dream home is truly in your grasp with record low interest rates, great government incentives and prices at the most affordable levels we have seen in years.

Today's real estate market gives renters the opportunity to become homeowners with a payment they can live with and the best opportunity to upgrade to a luxury home in Palm Beach County. If you would like to learn more about our services or details regarding the properties we currently have for sale, contact us today and you can visit any of the properties you see on our site.

Great condominiums in Palm Beach County are hard to find, because until recently bank owned condos for purchase has decreased exponentially. But there is good news on the horizon now for those who are looking to purchase a condo in the Palm Beach Gardens area as the distressed market looks to be in the ending stages of the cleanup process from the 2007 real estate crash.

A little less than 500 Real Estate Owned (REO) properties are available now in Palm Beach, with more than 13,150 more units available in and listed around South Florida, according to statistics from the Southeast Florida MLXchange. Because of that, inside the overall condo resale market, bank owned units only makeup around 3.7 percent.

What Does That Mean For Someone In The Market For A Condo?

It means that it is a great time to buy a luxury condominium in Palm Beach Gardens! At Leibowitz Realty group has just the thing to help you find the condo you want.

Leibowitz Realty Group’s ultimate goal is to help you find your dream home as quickly and effectively as possible. Because we are a family-owned firm, with boutique-style, we have the flexibility and luxury to customize our marketing plans to the unique needs of each of our clients!

Check out Our Listings page and browse the condos that are available, and then contact us when you are ready to visit any of the properties you see on our site.

(Source: MiamiHerald)

Do you live in Palm Beach and want to live like a celebrity or athlete or have always wanted to move there and find a nice, affordable luxury home? Well the opportunity does come along and there’s always a chance to grab to make it a reality.

Palm Beach is the epitome of Florida glamor. Like Miami, you might see someone famous at any time. Just recently major league pitcher Chris Carpenter happened to be living in Palm Beach. He decided to sell his Ballenisles Country Club four bedroom home with all the luxury trimmings for $625,000, which is a price that is relatively cheap in the Palm Beach luxury home market. So if you wanted to live where the celebrities go, why wouldn’t try to take the chance?

Especially with this news about the South Florida real estate market.

Traditional House Buying Is Making A Comeback

After 2008, Wall Street was buying up houses making it very hard for the home buyer to get in a bidding war for a house like Carpenter’s. But that is changing now and the hungry Wall Street hedge funds have satiated their appetite for the houses in places like Palm Beach, giving opportunity to those buyers with cash.

So instead of renting from Gordon Gekko, become your own landlord to a beautiful home and let Leibowitz Realty Group help.

The New York Times refers to Palm Beach Gardens as one the "it" places to live.  With all of the sophistication of a larger city, the town of Palm Beach Gardens offers a calm, unpretentious, elegant, un-crowded lifestyle that so many have welcomed and decided to call home.

Leibowitz Realty Group gives supreme customer service and years of experience in the real estate market.  Let our team of Palm Beach Gardens real estate professionals be your authority for all of your realty needs.  Take advantage of everything Palm Beach Gardens has to offer; restaurants, shopping, golf courses and more.  For more information, contact us today. At Leibowitz Realty Group, we look forward to helping you find the home of your dreams.

(Source: Realtor)

For over 10 years, Palm Beach County has been the epitome of luxury. Country clubs, golf courses, upscale retail shopping, and affluent residential living. But now there’s a new modern, condominium living trend. For example, older condominiums were built and marketed as big, spacious towers with move in ready mortgages. Though those days might return, that’s not the trend in Palm Beach anymore.

Today there is a new, modern and fresh way of building the Palm Beach condo. The condo development is now defined as less gaudy, like the Ocean Eighteen project.

One reason for the change in the condominium development in Palm Beach could be because the mansion sales has increased, putting pressure on condos to compete. In 2014, almost 1,100 mansion properties worth over $1 million were sold throughout the year. That’s a 16 percent increase from 2013 and a 54 percent rise from 2012.

Why Are Mansion Sales On The Rise?

It wasn’t just because mansions were attractive to the home buyers, though the time in which it took for a mansion to sell was also down, the mansion sales are in correlation with the stock market.

Luxury real estate is closely involved with the stock market and how well it performs. The 2013 stock market closed at a healthy 11.39 percent higher than the year before. That stays with the current stock market trend, rising the last three years more than 10 percent from 2012. The luxury market and the retiree market are the first to recover from the stock market crash and rebound, so that helped in the purchase of these mansions.

This is the best time to enter the luxury real estate market. With record low interest rates available, great government incentives and prices at the most affordable levels that we have seen in years, your dream home or property is truly in your hands. Today's real estate market also gives renters the opportunity to become homeowners, with a payment they can live with and the best opportunity to upgrade to a luxury home in Palm Beach County.

If you would like to learn more about our services or details regarding the properties we currently have for sale, get in touch with Leibowitz Realty Group. Contact us and visit any of the properties you see on our site today!

(Source: PalmBeachPost)

For those who are looking to buy a home in the South Florida areas, specifically in Palm Beach Gardens, the Federal Housing Administration (FHA) will have good news for you. This upcoming week the FHA is expected to make a mortgage insurance rate cut on FHA loans, saving over 2 million people an estimated $1k a year, which will also stimulate over 250,000 people to buy a home over the next three years.

As if that wasn’t enough, the 90,000-Sqft Royal Palm Beach shopping center broke ground this week, with an expected completion date in November 2015.

Palm Beach Gardens Country Clubs

With their scenic views, ideal weather, and quiet residents, Palm Beach Gardens country club’s offer a quality of life that few places in the world can compete with.

For those who need help finding luxury homes for sale at PBG country clubs, you won’t find anyone more knowledgeable than Leibowitz Realty Group. Let our team of Palm Beach Gardens real estate professionals be your source for all of your realty needs.  Take advantage of everything Palm Beach Gardens has to offer including shopping, restaurants and golf courses. 

With record low interest rates and low prices, now is the time to buy. Leibowitz Realty Group will help ensure that your investment is the right one.  Whether you are looking for a vacation home on a golf course or an investment property, we can help you find the perfect Palm Beach Gardens home for you.

For more information, contact us at Leibowitz Realty Group today!

(Source: TheRealDeal)

In the north parts of the county and in Palm Beach Gardens specifically, the area is booming. As of right now, there are as many as eight thousand homes and eight million square feet of office space are either approved or under review. With nearly 30 projects under construction, Palm Beach Gardens could grow as much as 40 percent in the next decade or more.

And a nationwide study was conducted of single-family homes purchased by major institutional investment funds. From Jan 2012 to Aug 2014 the study found that the South Florida area (Palm Beach Gardens, Jupiter, and West Palm Beach) was second in the United States with 12,952 home purchases. Those homes have gained a collective 31 percent in equity, or $611 million, according to RealtyTrac, who conducted the study. That means those who own these homes are becoming big sellers.

What Does All This Mean To Someone Entering Real Estate?

Now is the best time to enter the real estate market. With record low interest rates, great government incentives and prices at the most affordable levels we have seen in years, your dream home is truly in your grasp. Today's real estate market gives renters the opportunity to become homeowners with a payment they can live with and the best opportunity to upgrade to a luxury home in Palm Beach County.

If you would like to learn more about our services or details regarding the properties we currently have for sale, get in touch with Leibowitz Realty Group today. Contact us to visit any of the properties you see on our site.

Ibis Golf & Country Club hosted their grand opening recently for its new 15,000 square foot sports village complex. The new complex features fitness facilities, yoga wall, pools, Bistro dining area, expanded tennis shop and center, and a 4,100 square foot spa.

The sports village accompanies the long list of activities and properties that Ibis offers its active members; 14 Har-Tru tennis courts, basketball courts, three Nicklaus-family designed 18-hole golf courses, kids’ camp, bocce courts, onsite physical therapy, and a dog park.

“Our goal is to enhance the active lifestyle of our existing and future members, and our new Sports Village will provide a multifaceted resort experience and become the club within our club,” said Ibis Board of Directors president, Peter Miller in the statement.

In addition to the sports complex, Ibis offers a myriad of dining options and social events, frequent off-campus trips, game playing options, and more than 20 additional clubs and organizations focusing on cultural activities, Ibis reports.

Whether you are interested in buying or selling or just curious about the current real estate market in the Ibis Golf & Country Club area, Leibowitz Realty has taken the Ibis Real Estate office in the Publix center and has experienced Ibis agents ready to help both buyers and sellers in Ibis Golf & Country Club. They are thrilled with the way the brand new Sports Village turned out and really believe in Ibis's strong future as one of Palm beach County's premier country club communities.

And if you are looking at the Palm Beach Gardens area or even want to know what your own home is worth, contact Leibowitz Realty Group. Look to Leibowitz Realty Group for the most professional representation, advice and results in South Florida.

(Source: FloridaWeekly)

According to a detailed report released by the Realtors Association of the Palm Beaches, sales of Palm Beach County single-family homes in October increased 19 percent from last year, with prices growing 2 percent. Also the inventory of single-family homes also rose in the month of October, going up 14 percent from the previous year.

The National Association of Realtors (NAR) said that sales of existing single-family homes, condominiums and townhomes went up 1.5 percent also in the month of October from September, to a seasonally adjusted annual rate of $5.26mill. These October sales are 2.5 percent above the October 2013 sales.

Chief economist for NAR, Lawrence Yun gives credit to the sales volume growth in part to low interest rates and the strengthening job market in Florida.

“This bodes well for solid demand to close out the year and the likelihood of additional months of year-over-year sales increases,” Yun said.

Sales Rebound

On another positive note, around 22,000 homes were sold last month, which is up 18 percent from last year and October’s average rate for a 30-year, conventional, fixed-rate mortgage was 4.03 percent. That is the lowest rate it has been since June of 2013.

If you live in Palm Beach County and are looking to purchase a luxury home, trust the luxury real estate experts at Leibowitz Realty Group. Our listings feature properties all over the Palm Beach Gardens area. Now is the best time to enter the real estate market. Contact Leibowitz Realty for more information today!

(Source: PalmBeachPost)

If you live in Palm Beach County you’ve seen the signs that luxury living is on the rise. New condominiums and residential building are popping up along the waterfront.  The city of Palm Beach Gardens is no different. Recently approved construction for the luxury waterfront property, Azure, have gotten underway, and it has a tagline – “Waterfront Living…Perfected.”

Overlooking the Loggerhead Marina, Azure will be a two building, five story residential boutique condominium, with 113 units.

Check out this video from Azure to see what they have in store:

Azure from Exceleron Designs on Vimeo.

As you can see, the people at Azure want to combine luxury with style, as they target the consumer who appreciates both aspects. The target move in date for Phase One residences at Azure is Spring 2016.

Leibowitz Realty Group was the exclusive listing agent on the land where Azure will be and at this time will be offering special buyer incentives to their past, current & future clients, who they represent at this new Azure community.

Whether you are looking to buy or sell, Leibowitz Realty Group has been the Premier Country Club and Luxury Home Specialists in Palm Beach County for 18 years. Take a look out our listings and then contact the professionalrealtors at Leibowitz Realty Group for expert representation, advice and get the results you need!

For those who live in South Florida, specifically the Palm Beach County area, might have noticed that the housing market has hit a boom and is in a steady recovery. Mortgage agency Freddie Mac agrees. Freddie Mac releases a Multi-Indicator Market Index (MMI) report every month that can measure the local housing.

The report measures employment, affordability, home purchasing applications and mortgage delinquencies. A perfect score is 100.

In the August Multi-Indicator Market Index, it showed that the South Florida market was up 11.43 percent from last year, scoring a 69.2. Only three other cities had a bigger showing of improvement; Riverside, CA, Las Vegas and Chicago.

A year ago the South Florida area was at 62.1 and in 2010 was at a poor 42.2, so the rise on the MMI has been substantial. Palm Beach also has been able to keep mortgage rates at a low 4 percent, which is congruent with the national average.

All this happened on the back of the news that South Florida is at the top of the nation’s leading home price index from the month of August. Palm beach County saw a 10.5 percent increase from the same time last year. According to the Standard & Poor’s/Case-Shiller index, this puts Palm Beach first place for price growth, nationally.

If you are looking to purchase a home in the Palm beach County area, specifically the Palm Beach Gardens, look to Leibowitz Realty for property listings and a professional staff that will guide you through the buying process.

(Source: SunSentinel)