In the wake of the post-COVID era and some of the more... egregious economic decisions made in the past few years, inflation began to skyrocket in early 2021. In response, the federal reserve roared to life, raising interest rates in ways unseen for decades. The resulting shock stirred prospective buyers and sellers into a defensive crouch while pricing many millennial home buyers out of the market altogether. The Champagne & Parisi agents are here to deliver the facts and assuage concerns about this seemingly unprecedented time. However, this is far from unprecedented, and in fact, is closer to the mean in U.S. History than the past few decades would indicate. This is an unfamiliar, but not unprecedented time, and for our part, we're here to bring you some answers to the most pressing questions you have for us. So, why are mortgage rates so high? Read today's blog for a few of the prime reasons behind it.
Combat Rising Inflation
Rising rates are utilized in part to combat the accelerating inflation we've all experienced in the past few years. The rates are artificially implemented to reduce consumer activity, namely through the discouragement...
Announcing: The Upcoming Rosewood Residences. Luxury Condos are nothing new to the Boca Raton area. After all, Boca Raton literally launched the Floridian condo market. With the grand opening of the Atlantic Cloisters in 1962, the very first Florida condo was born. Over the years, Boca Raton grew from a blend of beachfront lounges and wildlife excursions to encapsulate the ultimate in saltwater luxury, featuring high-rise condos on the waterfront, downtown residences, and numerous options for boaters to live the life of their dreams. With so little undeveloped waterfront left in Broward and Palm Beach County especially, a new waterfront luxury condo is a major announcement. With that said, we'll continue to provide the latest and most crucial updates to our clients and the community at large about any new construction condos in the area. With Rosewood Residences, Boca condo buyers will have yet another spectacular offering to consider in the days to come.
Rosewood Residences: The Basic Facts
- Expected Grand Opening: 2026
- Total Units: 92
- Intracoastal Units: 22
- Beachfront Units: 70...
With so much happening since the wild year of 2020, we made sure to keep our eyes on the ball from Everglades to Ocean and reveal to you, the latest and most prominent new construction condos in the area. As South Florida rushes to accommodate the massive influx of new residents over the past two years, these Boca condos will offer the best in luxury, accessibility, and safety in an area already renowned for it. Read on and be ready to make a move, these places won't be available for long!
One South Ocean
One South Ocean is a planned luxury condominium found directly on the plot from which it derives its namesake. This future condo will sit straight across from the Palmetto Park Rd. Pavilion and The Meridian condo, less than a block from our Beachfront Offices.
Currently, the ground is unbroken, and only whispers of what's to come beyond the basics have been heard even in the...
The City of Boca Raton has begun to construct the new Brightline Station. Slated to complete within the year, the city plans to wield one of the most significant infrastructural additions to South Florida in recent decades to accommodate its increasingly large population. We dug into the details and made sure you're as prepared as can be for the new upgrade to our infrastructure, how you can enjoy it, and what you should know for visitors to our city.
Where Will It Be?
The Brightline Station will be officially addressed at 680 Yamato Rd, Boca Raton, FL 33431. The station is located within proximity to Mizner Park and the Boca Raton Library. In 2019, Brightline sent their official letter to the city of Boca Raton as a potential destination along its growing Florida route. In December of that year, the City Council approved the site. The site will include a 455-car parking garage to accommodate both passengers and patrons of the adjacent library. Ground broke this past January 25th.
When Will It Be Done?
As of now, the clearest idea of completion is within the 4th Quarter of 2022. As of this writing (August 10th, 2022),...
In many ways, Real Estate retains its old-school methodology compared to other industries, like retail and entertainment. The amount of time spent behind the wheel, on the phones, and speaking directly with clients has allowed the digital age to drag Realty along without completely disposing of traditional marketing and business practices. Yet, even in a field dominated by intrapersonal skills and sheer work ethic, there are many newfangled ideas and methods brought in by these winds of change. Here are 5 ways modern technology is changing real estate, and how you can be ready for the next big thing.
Use Of Big Data
"Big Data" is not a phrase used to describe the conspiratorial notion that "data" is up to no good, in the same way, we'd colloquially describe "big pharma" or "big oil." "Big Data" is simply a means to describe the sheer capacity and volume of informational intake that modern technology affords us. With larger data sets, the ability to retrieve key data immediately, and real-time statistical reporting, Realtors possess the ability to influence decisions and inform clients with information that massively exceeds what was once available.
We'd say Podcasts are the "future," but they are very much a part of the present. Some of the most popular entertainment of all time has been fed to us via streaming podcasts - most notably the likes of Joe Rogan, among millions of others. With podcasts, we have instant access to (usually) commercial free content tailored exactly to our interests. Rather than sifting through hours of commercials and unimportant information, podcasts grant us the capacity to listen efficiently. With how much time our Champagne & Parisi Realtors spend on the road working for you, we'd be remiss not to share some their favorite Real Estate podcasts that pace the industry and provide value with every listen. Here are 5 Real Estate podcasts that every Realtor should listen to - and why.
Real Estate Today
A podcast created by the National Association of Realtors, Real Estate Today functions in the same light as its title: a top-down overview of the Real Estate market and profession. Functioning similarly to standard news, the hosts banter about the news affecting our national market, and trending topics such as new ...
Akoya at Boca West
For the first time in 25 years, new construction is coming to the award winning, exclusive, residential, country club community of Boca West. Akoya, named after the Akoya pearl, a traditional symbol of beauty and rare elegance, will consist of 3, 9 story, condominium towers with a total of 120 opulent units. Akoya is being developed by the Siemens Group, who also developed The Polo Club and Gleneagles Country Club, and being designed by renowned Architect, Peter Stromberg with interior design by Steven G. Units will range in size from 2,800 square feet to 4,500 square feet and will feature private elevators that open directly into your unit, oversized terraces some with private dipping pools, floor to ceiling impact glass windows offering panoramic golf course views and state of the art culinary kitchens. Akoya will be a full service, upscale, luxury, building offering 24 hour valet & concierge services. Prices start at $1,100,000.
Boca West has been award the #1 Residential Country Club Community by the Platinum Club of America. Among the fabulous amenities at Boca West, you will find 4 championship golf courses, 30 tennis courts, a state of the art fitness center, resort style pool, a serene health spa offering a wide variety of pampering treatments and 6 gourmet dining venues. For additional information about Boca West or to arrange a private tour, please contact Karen Sussman of Champagne & Parisi Real Estate at 561-866-6325.
iPIC Movie Theater: Mizner Park, Boca Raton
The new iPic Movie Theater offers Premium Leather Reclining Seating, along with a waiter for ordering from their mouthwatering menu. All topped off with your own blanket and pillow for your comfort.
iPic Theaters is really all about the experience. It starts with your choice of two different seating options. Premium level seats are spacious leather seats near the front of the theater. Premium ticket holders can order an array of food and drinks from the Tanzy Express counter. Premium-plus seating offers an upgraded a reclining leather seat with a pillow and blanket. Premium-plus ticket holders also get unlimited popcorn and access to a wait staff, which will bring your order directly to your seats.
iPic Movie Theater in Boca Raton is a 43,000-square-foot, two-story, eight-auditorium movie theater and restaurant. The theater sizes range from 44 to 82 seats, in comparison to hundreds at a normal theater, to accommodate the luxurious spacing element.
Customers can choose their seats when they buy tickets online, using a mobile app or at the box office. This removes the rush factor to get to your seat.
Inside the theater is a 7,000-square-foot restaurant / bar “Tanzy”. You can dine inside...
Ultra luxury is synonymous with exclusive, prestigious, lavish and posh. There are many luxury condos in Boca Raton, FL but there are a select few that take the meaning of luxury to the next level.
Here’s a quick synopsis of the most coveted condos in Boca Raton, FL.
The Aragon is located on A1A south of Camino Real and sits on one of the largest stretches of ocean in South Palm Beach County. It was built in 1995 by world famous New York designer Melvin Dwork who has been featured in Architectural Digest Magazine. There are only 41 units that range from 4,000 to 7,700 square feet and include exquisite details and interior finishings. Amenities are resort-style and membership to the Boca Raton Beach Club is available. Currently there are 5 condos for sale in the Aragon with list prices starting at $1,999,000 to $6,500,000.
The Excelsior is a 10-story award-winning palace including “Best New Address in Boca Raton” by House and Garden Magazine. World famous designer Alfred Karram designed the building and residences in 2000 with some of the most exquisite details and finest materials in the world. There are only 28 residences which include condos, two-story condos and seaside villas ranging from approximately 3,600 to 5,000 square feet. Amenities are world class at this full service boutique building located on A1A south...