HOUSING MARKET UPDATE

Only weeks after Florida voters passed Amendment 1 in late January, Florida Realtors have noted signs of increased interest from potential homebuyers heartened by the measure's property tax relief benefits, especially the portability provision. Says 2008 FAR President Chuck Bonfiglio, "That's encouraging news, and the ink on this new law has barely had time to dry."

Sundays at Polo

Last Sunday had a mixture of rain and sunny moments, but did little to damper the spirits of all in attendance at the Grand Marquee Tent at the Palm Beach International Polo Club. While enjoying a beautiful buffet, passed appetizers and never ending cocktails the guests were happy to watch the match and learn about the sponsors. We had great conversations regarding our exclusive listing Trump Tower Palm Beach. We still have a few more Sundays to enjoy thanks to Ronnie Write and Platemate. Contact us to see if we can get you complimentary VIP admittance. -----Trump Tower Palm Beach is a pre-construction, 23-story, 150-unit super luxury condominium with a white-sand private beach, infinity-edge swimming pool, world-class spa and private marina. The property is located 1.5 miles from the Palm Beach Inlet with no bridges, and is adjacent to the Rybovich Marina mega-yacht facility. Prices are suprisingly affordable.

PALM BEACH — Housing slowdown? What housing slowdown?

Palm Beach Post Article 2-28-2008: The median price of a single-family home sold in Palm Beach in 2007 rose to $3.5 million, up 13 percent from 2006's median $3.1 million price tag, according to The Evans Report, a closely watched study by Palm Beach real estate attorney Leslie Evans. The median price of a condo in Palm Beach, meantime, rose 8 percent to $825,000 in 2007. The biggest home sale in 2007 was the $31.9 million that Miami Dolphins co-owner Stephen Ross paid for 702 N. County Road. There's no sign that Palm Beach's housing market is slowing.