Active Adult Living in Palm Beach County

South Florida is the picture-perfect place for active adult living. Retirees can transition into a tranquil and vibrant life in Boynton Beach and Delray Beach. Palm Beach County now ranks among the hottest real estate markets attracting younger active adults. Are you looking to retire in sunny South Florida? Contact our over 55 specialists with the Wellman Team today.

No or Low HOA Fees?

We are finding a new trend in Wellington FL... many young families are opting to look for homes offering 1/2 to 1 acre+ with older homes as opposed to the newer gated communities. The older communities with land offer low or no HOA fees which is appealing to the growing families. In the current economic client lower HOA fees are a huge deciding factor in home purchases. If you have an older home and would like more information about this recent trend in real estate contact us today!

Real Estate News & Trends

We are finding a new trend in Wellington FL... many young families are opting to look for homes offering 1/2 to 1 acre+ with older homes as opposed to the newer gated communities. The older communities with land offer low or no HOA fees which is appealing to the growing families. Visit our blog weekly to keep up with the latest real estate news and trends.

New Community Homes in Palm Beach County

With our sandwiched generation, we are finding more and more families that have their parents living with them. A demand for a guest house is huge. Homes that come on the market with a guest house sell extremely fast because of the demand.With years of experience in customizing searches for new community homes we've been able to assist families in finding not only the house of their dreams but also the house of their functionality.

Family Focused Communities in Boynton Beach

Boynton Beach offers great benefits for families that desire to reside in one of the newer family oriented neighborhoods. GL Homes is credited with building a large majority of the newer communities in Boynton Beach. Since 1976, GL Homes has developed a fantastic reputation based on its high-quality construction, large variety of spacious floor plans and highly-sought amenity offerings.

Older Homes vs. Newer Homes

We are finding a new trend in Wellington FL... many young families are opting to look for homes offering 1/2 to 1 acre+ with older homes as opposed to the newer gated communities. The older communities with land offer low or no HOA fees which is appealing to the growing families.

For a while this market was stagnate and not appreciating...but now we are finding such a demand for neighborhoods like Meadow Wood of the Landings, Pinewood, Pinewood East, and Paddock 1 and 2. This gives the families the opportunity to renovate for the newer kitchens.

Also, with our sandwiched generation, we are finding families that have their parents living with them, especially with our South American influence in Wellington. A demand for a guest house is huge, normally these communities are the ones that can accommodate such a design. Homes that come on the market with a guest house sell extremely fast because of the demand.

Why Is Your Monthly Mortgage Payment Going Up?

When you sign papers for a house, it seems common practice to assume that your mortgage payment will stay the same for the life of your loan. It is sometimes difficult to monitor things like homeowners insurance, county or city taxes, and private mortgage insurance, but it is important to try and do so. If you do not keep track of things there is a chance that you are over-paying in some instances.
 Looking at your tax bill when it comes in is a good way to monitor your monthly tax payment. If you have an adjustable rate on your mortgage, chances are you could save a lot of money if you refinance to a fixed rate. If you are paying PMI (private mortgage insurance), and yet you know that your appraised value has you under the percentage needed to get rid of the PMI, you need to tell your mortgage lender  right away.

Providers offer a number of discounts. One of the most lucrative is the home/auto bundle. You can save up to 20 percent on your premiums simply by purchasing your home and car insurance from the same provider. You also can score price breaks of 10 percent or more for having a monitored home security system. Many providers give discounts if no one in the home smokes; that’s because it lowers the fire risk. Discounts vary widely by provider, so find out whether you’re receiving every price break available.

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