Monthly Newsletter
WELCOME TO DECEMBER NEWSLETTER

 
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🎀 HAPPY HOLIDAYS 🎀
Holiday Cheer & Home Highlights: Your Festive Real Estate Update!
 
 
Holiday Activities in West Palm Beach
 
 
Image Source: Palm Beach Zoo
 
Immerse your family in holiday magic at the Palm Beach Zoo & Conservation Society, located at 1301 Summit Blvd, West Palm Beach, FL 33405. Experience the enchantment of Zoo Lights, where the zoo transforms into a glowing wonderland adorned with dazzling holiday displays. Stroll through illuminated pathways, meet Santa, and enjoy festive activities in an elegant setting that combines the beauty of wildlife with the spirit of the season. Perfect for creating cherished holiday memories with loved ones.
 
Image Source: The Palm Beaches
 
Celebrate the holidays in true coastal luxury at Holiday in Paradise, hosted at the stunning 101 South Flagler Drive West Palm Beach, FL 33401. Delight in the magic of the season with nightly light shows featuring the iconic 35-foot sand Christmas tree, "Sandi," along with festive music, family-friendly activities, and picturesque waterfront views. Perfect for creating unforgettable holiday memories, this signature event captures the elegance and joy of Christmas in The Palm Beaches.
 
Image Source: The Palm Beaches
 
Step into a world of holiday enchantment at the Winter Wonderland at The Ben, located at The Ben Hotel, 251 N Narcissus Ave, West Palm Beach, FL 33401. This luxurious holiday experience features stunning festive decor, seasonal treats, and exclusive events designed to create cherished memories. Perfect for families, friends, or a sophisticated holiday outing, The Ben’s Winter Wonderland is a must-visit destination this Christmas season in West Palm Beach.
 
 
Your Guide to Upcoming Events in Palm Beach County
 
 
Stay connected with our vibrant community through these exciting upcoming events!
 
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Image Source: Flickr
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Image Source: Tom Serio Photography
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Image Source: The Palm Beaches
 
 
Gingerbread Decorating at The Square
 
 
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Image Source: Glorious Treats
 
Celebrate the season with elegance at The Square Club’s Gingerbread Decorating Workshop, located at The Square, 700 S Rosemary Ave, West Palm Beach, FL 33401. Join the festive fun on Thursday, December 12, 2024, from 12:00 PM to 5:00 PM. Enjoy a luxurious holiday experience as you and your child create beautiful gingerbread houses in a refined setting, surrounded by the sparkling lights and festive ambiance of The Square. A perfect way to craft cherished memories this Christmas season.
 
 
 
Palm Beach:
Public Safety Day
 
 
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Image Source: palmbeachpoliceandfirefoundation.org
 
Join the Palm Beach Police & Fire Foundation for the Palm Beach Public Safety Day, held at the picturesque Lake Drive Park, 320 S. Lake Drive, Palm Beach, FL 33480, adjacent to the Town of Palm Beach Marina. Taking place on Thursday, December 7, 2023, from 11:00 AM to 2:00 PM, this exclusive event offers captivating live demonstrations, interactive displays, and family-friendly activities. Celebrate the dedication of local police and fire departments in a refined, community-focused setting, surrounded by the beauty and elegance of Palm Beach.
 
 
 
Welcome, future homeowners and investors! As your trusted real estate agent, I'm thrilled to guide you through the exciting journey of finding your dream property or making savvy investments. This month, we have some fantastic featured articles highlighting the latest trends in the housing market.
A blip or a bottom?
 
Existing home sales rose 3.4% month-over-month in October, boosted by lower mortgage rates during August and September. While that's good news, it's important to remember that: 1) mortgage rates have gone way up since then, so this could just be a blip, and 2) we're still only selling homes at a pace of <4 million units per year, which is extremely low by historical standards. [Source: NAR]
Down, but not out
 
The combination of higher mortgage rates and ceaselessly rising home prices has made it tough for first-time buyers to get involved. In October 2024, only 27% of the homes sold were to first-timers. Pre-pandemic, that figure ranged from 30-35%. As a result of this 'pricing out' effect, the median age of first-time buyers has climbed to 38 in 2024 (from 35 in 2023 and 31 in 2014). [Source: NAR]
Staying above 7%
 
The market continues to be concerned about the potential re-inflationary impact of President-elect Trump's policies, and the impact that might have on the Fed's loosening plans. The Fed Funds Rate futures market is now only placing even odds on a Fed rate cut at its next meeting (Dec 18). Average 30-yr mortgage rates remained above 7%. [Source: CME, Mortgage News Daily]
 
 
In this month's newsletter, we're thrilled to showcase the exciting real estate opportunities in Palm Beach County. Whether you're dreaming of a waterfront oasis, a charming historic home, or a luxurious high-rise condo, the market has something to offer for everyone. Join us as we dive into the current trends and captivating listings, providing you with a glimpse of the diverse real estate landscape.
 
 
West Palm Beach's real estate market in November continued to show strength and resilience. With its desirable location, stunning waterfront views, and a thriving economy, the city remained a sought-after destination for homebuyers and investors alike. The market witnessed a diverse range of properties, including luxurious waterfront estates, charming historic homes, and modern high-rise condos, catering to a wide range of preferences and lifestyles.
 
Embark on a Community Journey! Together, let's unlock the secrets of real estate and the best our city has to offer. What piques your interest in homes and local adventures? Share your thoughts, and let's tailor our next newsletter with your passions in mind. Your insights are our compass—let's navigate this exciting path as one!
 
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240 Worth Avenue | Suite 208 |
Palm Beach, FL 33480, USA
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