Latest Real Estate Update

Home values are on the rise! Everything you need to know about buying or selling a home in Palm Beach County. Home values are rising which could be both good or bad news. Tune in to get the latest updates on home appreciation, renting vs. buying, and property tax.

Come Be a Santa’s Helper With Us



Our second annual “Santa’s Helper” event is coming up. We would love for you to join us for this special event.
Halloween and Thanksgiving are right around the corner, and Christmas and Hanukkah will be here before you know it. We are already getting in the holiday spirit by planning our second annual “Santa’s Helper” event. The inaugural event last year was a ton of fun, so we thought we should reach out to you and give you the details on year two.

With this event, we’ll be able to help 50 local children right here in Palm Beach County who may not have much under their tree if it wasn’t for this event. We are excited to take them and their families to Target, give them a gift card, and allow them to shop for their toys and maybe even buy mom or dad a little present. This isn’t about the necessities; it’s about making Christmas and Hanukkah special for these children.

If you would like to be part of this event, there are a couple different ways you can help out. One way is by being one of our 50 shopping buddies. Our shopping buddies last year all had a wonderful time and many of them will be back this year. As a shopping buddy, you’ll be able to take some kids around the store and help them spend their $100 gift card, which is covered by other donations.


This is about making the holidays special for these kids.


The second way you can participate is by donating. Any donation you give is appreciated. If you’d like to adopt a child and cover their entire $100 gift card, you can do that. If you would just like to give a few dollars so we can help more kids, you can do that too. Once again, any donation is appreciated. We are always happy to help give back during this time of year.

The Santa’s Helper event will be held on December 1st at the Boynton Beach Target. Helpers will arrive, meet their child, shop, and enjoy the true meaning of the Holiday season. We would love for you to join us.

To sign up to be a Santa's Helper, click here. To donate or sponsor a child, click here. If you have any other questions for us, don’t hesitate to give us a call or send us an email. We look forward to hearing from you.

Financing Tips



Learn how you can increase your chance of getting your dream with the right lender. Understanding the mortgage timeline is critical especially as we are heading into the end of the year. There is still time to close by the Holiday season or the end of the year to qualify for the homestead exemption.

Saving Thousands of Dollars on Property Taxes



Since market values have gone up 9.5% on our taxes for homes
in the past year, you need to know how to budget for your tax amount.

Property taxes are an important part of our budgets when we’re buying a new property or looking at how a property cash flows. This past year, our market values went up 9.5% on our proposed taxes for our homes. What does that mean? If your property was homesteaded, it likely means absolutely nothing. For example, for my primary home, the market value actually went up $125,000, and yet, my assessed value only went up $2,000. If you own an investment property or a commercial property, however, you don’t have that benefit. You may be a little shocked this year when you get your tax bill, but you can make that payment in November. The other person who might be a little shocked this year is the one who purchased a home last year, especially if that home had the “save the home” benefit. You may have budgeted for a lower tax amount or had a lower tax amount in your escrow account, and now you’re having to make up for last year, plus your lender will adjust your escrow account for next year.


It’s not important what the taxes are today, but what they’ll be in the long term.


We’re getting a lot of calls from buyers and sellers who are confused about taxes, especially those who’ve just made their purchase. If this includes you, here’s my advice:
  1. If you already own a home and it’s not homesteaded, and it’s now a financial challenge for you, give us a call and let’s look through your options. Maybe that property that did create cash flow is no longer the right option.
  2. If you just purchased a new home, make sure you file for homestead exemption. That will save you thousands of dollars in the future, plus provide other benefits.
If you’re in the home buying process, it’s not important what the taxes are today; focus on what they’ll be in the long term. What you need to do is look at the current owner’s market value versus the assessed value. If there is a differential, your taxes will likely go up in the future. That’s OK as long as you budget accordingly. 

This is important to remember if you know your escrow account might be a little short. You can set that money aside and you won't be as surprised next year when you receive a higher tax bill. So, go ahead and file for the homestead if you can. If you sold a home in Florida and purchased another home in Florida this year, you have another benefit called “portability.” That means you take some of your benefits of that previous home—the tax savings—and bring it to your new home. If you're interested in learning more about property taxes and homestead exemption in Florida, click here. If you have any more questions about property taxes, give us a call or send us an email. We look forward to hearing from you!

Latest Real Estate Market Update

The latest real estate update with the latest statistics including the hot and cool areas in Palm Beach County.  Listen to learn the strategies and best opportunities to position yourself to win when buying or selling real estate.  If you are a move up buyer now may be your time to shine. Homes in the luxury market are having a harder time selling, and that is why you need the right price and the right marketing! We are also noticing some neighborhoods are in finally in recovery, and there are less distress sales. This is important to those who are thinking of selling their home in the near future. With fewer short sales and foreclosures many sellers are no longer underwater.  Please check us out at treugroup.com for real time updates on homes for sale in your area.