Home > Real Estate > Archives > 2007 > April > 24 > Entry
Snow in Florida?
Did I miss that February blizzard in Florida? The National Association of Realtors blames “unusually bad winter weather” for an 8 percent drop in home sales in March.
But the Florida Association of Realtors reports a 28 percent drop in sales and a 4 percent drop in prices. In its release, FAR, unlike NAR, doesn’t blame the weather. Instead, it says the weather should be sending buyers our way.
FAR quotes John Mike, president-elect of the Realtors Association of the Palm Beaches and an agent at Prudential Florida WCI Inc. in West Palm Beach: “Historically, this area is — and continues to be — an appealing getaway destination for many people, especially in the winter.”
Guess all the buyers were snowed in — although I don’t recall snow in major housing markets like California, Texas and Arizona, either.
By the way, Palm Beach County’s March median was $375,100, up slightly from February’s $374,300.
Permalink | Comments (28) | Post your comment | Categories: Jeff Ostrowski

Alexandra Clough
Jeff Ostrowski
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Comments
By easyasabc
April 24, 2007 12:52 PM | Link to this
Jeff, I think we need to come to an understanding that Americans cannot save their money.
It was not white stuff holding them back. It was the green stuff (dollars) that they lacked.
People from other countries will come in to buy from sellers. Our govt. is doing a great job with the american dollar these days. Just ask our friend from London. I know everyone likes to talk big, so lets see if these non-americans can put up or shut up. If they can’t bomb us out…maybe they can buy us out!
Jeff, you cannot compare Florida to Texas or Arizona. And please don’t compare California to Florida.
I see there will be 10,000 homes built out west in Royal Palm Beach. I wish they just keep it as horse & buggy community. But if the developers built it, they will come.
Someone wants a new oceanfront condo for $500k at Briny trailer park????? You must be new in town……where do you rent at?
As we speak, the prices are going up as it seems.
By The prices are RISING!
April 24, 2007 1:09 PM | Link to this
Rrices are RISING as we speak! Just hold on flippers… just a little bit longer ….
and don’t worry about the hurricane season just a little over a month away. This is prime time to sell sell sell….
By Ghost of Max
April 24, 2007 1:15 PM | Link to this
I see we still need to police Jeff to get to the actual fact as they concern Palm Beach County.
Yes, SFH prices were up from last month in PBC. We are still only about 5% behind 2006 YOY.
What Jeff forgot to mention was that sales volume was up drastically month to month going into March. 725 homes sold in March, vs about 560 in Feb. and 480 in Jan., off the top of antlers.
These folks will still manipulate the facts any way they can to avoid the obvious story — which is positive — and find a negative story.
The simple fact: in PBC, both PRICES AND VOLUME are rising as we speak.
When we have the normal yearly drop-off for the summer, Jeff will spin a crisis out of that.
By easyasabc
April 24, 2007 2:27 PM | Link to this
I cannot believe it….both Madmax and I agree on a subject…..prices are going up!
Don’t worry Maxie Baby….if you have some yen, Euro’s, pesos or schekels stashed away…you can survive the summer….
To that one bitter “have not” that talks about hurricanes and can’t afford the prices here….why don’t you leave town with your U-Haul and get yourself a trailer and bake some pies in Mayberry!….Carolina Gal will give you a discount on her STD giveaway promotion that she has going on…..because as we speak….you will never buy here !……so as the Pilot and Stewardess would say to you as you leave town…..”bye bye”……..
Sorry CW, I know I promise I would only have nice things to say this week to others……but I just had to rub in to that “have not”, uneducated, welfare seeking, criminal, trailer trash, bare footed, inbred, toothless, hillbillie, over credit, monkey for s**t brain of a renter that always has negative things to say about this area……has to be some bitter b***h to be like that.
easyasabc
By Easy and Max are both wrong
April 24, 2007 5:03 PM | Link to this
Hey idiots, you guys make me laugh. Its fun to watch how desperate and sad you are.
Take a look at the # of sales in PB County in March over the past several years. The last time that there were this few sales was 1998, and that was before Jupiter adn all those new developments were in existence.
And Max, your logic demonstrates what a simpleton you are . Every year sales increase from Jan. to Feb. to Mar. Its like saying Hey, December was colder than November, and November was colder than October, so this whole global warming this is a crock.
Besides, weren’t you the idiot that said don’t read anything into month to month numbers?
I feel sad for most people who are getting killed by this market. I don’t feel bad for you guys, though. Easy is a wanna be, we all know he doesn’t have a pot to @#$% in. And we all know that Max wishes he was as well off as Easy.
Anyway, idiots, keep it up, its fun to watch you two suffer.
By SirPercy
April 24, 2007 5:22 PM | Link to this
Governor Crist to hold Town Hall Meeting at Eissey Hall in PBG at 6 p.m. tonight. Pass it on!
Did I miss this on the Post’s website?!
By Ghost of Max
April 24, 2007 5:43 PM | Link to this
“Both wrong” —
Easy is not that well off, true, but anybody who owns anything is better off than you. In Easy’s case, he lives in Saratoga Bay in a house owned by a female family member. At least he owns a boat. Or claims to. You probably have to rent your rubber ducky.
You are an impoverished schmuck. Your November/December line wasn’t any more clever the first time, it did not bear repeating.
Why did I call attention to month to month activity? This is supposed to be a newspaper. Every month the headline is “sales plunge.” Is that the truth? Do they plunge in volume every month? Or did it just happen once, to be repeated ad infintum in the POS, as though it were a new event?
As much as a sadist and bastard that you are, the Ghost is not likely to suffer. Rather, I will look at people like you, no assets, no money, no education, no property, working full time to make people like me rich, and I will just think, “how sad.”
I don’t need to work, and I don’t. I have licenses to do any kind of business activity I want. If I feel like it, I do it. If I find out where you live, maybe I will buy the building just to find a reason to evict you. Am I mean? No — I spotted a way of adding value LOL. Less of you is more.
So keep working. Keep telling yourself you have a future (you don’t). Keep telling yourself you will find your soulmate (you won’t). Most of all, keep sending those rent checks on time. I would hate to put you out on the street.
Well, OK, I wouldn’t hate it. But I would think “How sad….”
By Ghost of Max
April 24, 2007 5:54 PM | Link to this
BTW Stupid, since you want to talk logic, let’s recall that I am the one who programmed operating systems for obscure companies like IBM. You don’t have enough logic to get your dick out of your pants when you need to pee.
That’s assuming you have a dick, which is not apparent in your writing.
By sfb
April 24, 2007 6:01 PM | Link to this
this einstein above said, and I quote:
“and that was before Jupiter adn all those new developments were in existence.”
Ok, since I have lived in Jupiter since 1990, where was it that I lived before 1998. You said Jupiter did not exist before 1998. Are you the same moron who thinks Ocala is a new town also?
By Message for Michael
April 24, 2007 8:57 PM | Link to this
Michael,
It is sad to see your realtor Susan Carlisle, who is on the HOA Board at Saratoga Bay and who represents you the broker of Village Realty Group has you involved in a Federal Discrimination Complaint.
If you think you are financially suffering now, you have not seen anything yet. The worst is yet to come for you.
You don’t have the money to buy me out.
http://www.saratogabay.com/board.htm
THE OWNER
By Maxi
April 25, 2007 8:22 AM | Link to this
Sounds like I touched a nerve, and I love your response.
Anyway, if you had so much money, you wouldn’t be wasting your time on a r/e blog trying to get people to buy into your hype. You are just another realtor who is going bust in this market.
At least we agree that Easy is just another poor slob trying to pump himself up.
By the way Max, that March median sales number that you take so much pride in is 11% off the peak of November, 05. Figure 3% inflation off that peak and the median now should be about $438,000. With a current median of about $375,000, that’s about 14% off what prices should be if homes weren’t losing value. So much for your stupid idea that property doubles in value every 6 years.
So come on Max, I’m bored, lets hear some more of your spin, its always good for a laugh.
By Ghost of Max
April 25, 2007 9:36 AM | Link to this
YOU are always good for a laugh.
What do you own in life? Anything? Not even a b******t business Daddy left you?
You will never have what I do, if you live to be a thousand. But that is not important. That is not the reason you don’t have a LIFE.
What have you done?
What is your education? What are your talents?
Tell us what you have done that makes you think you can mock even Easy.
You are a nothing, and a nobody. You repeatedly attack people — or attempt to — people who are smarter than you, wiser than you, more talented than you, and most important more philanthropic than you.
There is nothing in your posts ever about your achievements. It is obvious why. There aren’t any.
You don’t dare be anything or have anything — not even a nom de plume on a blog.
As for technical details, I have proven mathetmatically to you again and again and again that the 6 year figure works. It is accepted by investors and financial planners everywhere. Call up a CFP and ask. Or a certified public accountant. I am not wasting my time again, since you obviously don’t understand or ignore mathematically correct arguments. You probably think a log to base 2 is a construction material.
Tell ya what, Sparky. Why don’t you look around.
Start with that property which was known as “Galt’s Folly” and now is worth tens of millions of times what he paid a few decades back.
Follow up with condos on that same beach, from 60K 12 years ago, worth over 450K today.
Even in the boonies out West. The old American Homes. 60K 20 years ago. 300K to 400K today.
It doesn’t matter where you look.
I think from now on we should focus on YOU, stupid.
Tell me, is your degree an advanced degree in mathematics, like mine? Or is it Law? Medicine is a goof field. Are you an MD? Or just a PA — Professional A*****e.
By Ghost of Max
April 25, 2007 9:44 AM | Link to this
HA HA Medicine is a GOOD field - Freudian Slip.
By the way, anyone with a brain understands why we can not be at record prices all the time — there would be no stability at all. That would be hyperinflation as in the Weimar Republic, where prices at one point doubled every 15 hours. Only the jerk above can not understand why we can not be at a new record every month.
By .
April 25, 2007 10:37 AM | Link to this
Max Darling, Thatis is the same fool who could not accept the FAR report of a 1% annual drop in prices at the end of the year, because he could not read the charts. Don’t waste any time on him, he has nothing to contribute.
Easyasabc will be checking in around lunch time, when he can go on the internet from work. If you have anything important, wait to clear his nonsense first.
I know you are watching the stock market and will have lecture 39 ready about money doubling every 6 years ;-)
X0X0X
By Boy are you touchy
April 25, 2007 10:48 AM | Link to this
Gosh Max, you almost made me cry…
That was a great response. So, Maxi, I don’t remember you ever saying anything about your achievements, other than that you have a realtor licensce, which any trained monkey can get.
Tell ya what Maxi, you show me yours and I’ll show you mine. Let’s hear what degrees you have, net worth, major investments, toys (and I don’t mean matchbox cars), etc. This will be great humor.
One thing I can tell you, by the way you talk about your “achievements” you really are just another poor out of luck realtor.
Anyway, with the way you talk you can always sell cars, Maxi. That would be a great profession for you. I’d maybe let you sell me a car.
By the way, Lereah, your chief cheerleader, says that historically homes only appreciate 1.5 to 2% over inflation. Double digit price increases (like you need for your wrong theory) are abnormal. Are you saying that the chief cheerleader is wrong?
http://www.realtor.org/pressroom/newsreleases/2006/juneforecast06.html
By Ghost of Max
April 25, 2007 1:06 PM | Link to this
Go back and read, stupid. My background is all over these blogs. Illiteracy on your part does not constitute a problem on my part.
My advancecd degree is in Math and Computer Science. What is yours in?
Are you even a high school graduate? I know — you are going to say you have an MBA, like every Bozo here who didn’t complete his G.E.D.
Once again, you have NOTHING to say. Nothing from nothing leaves nothing, and that’s what you will leave behind.
LOL
Loser.
BTW: I don’t know of anyone who calls himself an “economist” who has ever been right about anything.
Every “economist” likes to play tricks with the inflation numbers. “Historically” means that housing used to be PART of “core” inflation; then suddenly one day it wasn’t.
The fact is that CURRENTLY, not HISTORICALLY, housing inflation, per se, is much GREATER — by many times, in fact, than core inflation. Even Shiller comes closer to telling the truth about this, although he exaggerates the OTHER way.
Mr. Lereah does, however, concede that prices here have risen something like 179% in the past 5 years. How he reconciles this with 1 to 2% above core inflation is something I would love to hear.
That 179% increase is based on actual numbers, not theories. By the way, it far exceeds my rather conservative estimate of doubling every 6 years. Still think I’m wrong?
An economist is someone who understands neither mathematics nor business.
SO: Are you an economist, Dr. A-Hole?
BTW: The DOW was at 3300 when Clinton took office in 1993. At this moment it is 13,017. Want to talk about inflation, Schmucko?
By Ghost of Max
April 25, 2007 1:25 PM | Link to this
That one’s a little too easy.
I would like to see Dr. A-Hole above reconcile a 5-yr run-up of 179% with “2% above inflation.”
NEXT!!!
By Come on Maxi
April 25, 2007 2:32 PM | Link to this
Maxi, my simple friend, lets look at the year end numbers.
In 1993 in PB County the year end median was 116,300 (the earliest year I can find data from FAR). Last year it was 384,700. That results in about a 9.6% rate of appreciation per year.
That 9.6% takes into account the biggest boom in 70 years in PB real estate. That 9.6% is also far short of what you need for your ridiculous 12% per year theory.
And, we know that prices are coming down off of the 2006 year end median. If you take 1993 as your base year, at 5% appreciation (the reasonable rate according to your chief cheerleader), it would take 24 years (2017 for you Max) until median prices should be at last months level.
That seems like a bit long to me, but its safe to say that this market isn’t going anywhere for years.
I hope you took advantage of the boom, Maxi, b/c prices will continue to drop until they get to what the hisotrical average appreciation (according to your chief cheerleader)will be.
So about those “achievements”, do ya got any?
By Computer science?
April 25, 2007 2:36 PM | Link to this
HAHAHAHA
COMPUTER SCIENCE?
HAHAHAHAHA
FROM WHERE, FAU?
HAHAHAHAHA
By Ghiost of Max
April 25, 2007 2:59 PM | Link to this
Shitheads — Take any parcel you want and run o the numbers. Call any CFP you want and ask how long it takes an investor to double his money.
Meantime, while you idiots are not watching, the DOW just crossed 13,050. Dr. A-Hole is so stupid he doesn’t even kn ow when the truck is hitting him.
Now Dr. A-Hole - what is your education? No more arguing until we establish your credentials.
By Ghost of Max
April 25, 2007 3:01 PM | Link to this
Not from FAU, nor PBCC like yours.
My IQ is 150 and recently certified.
What’s yours?
What’s yours Dr. A-Hole? Credentials.
By Ghost of Max
April 25, 2007 3:08 PM | Link to this
DOW now at 13075.
NASDAQ now at 2550.
Is Dr., A-Hole the only one here still looking for a HOUSING bubble?
Pay attention to the ticker folks, you are watching history.
Please understand, when I argue with these morons, it’s charity on my part.
By To Maxi
April 25, 2007 5:29 PM | Link to this
150 IQ: HAHAHA
Seriously Max, that’s funny. Why exactly did you get it certified? Or should I ask who made you get it certified?
Next you’ll tell me what your SAT scores were. HAHAHAHAHA
So, geek squad boy, I’m very happy the market is taking off. Its not as good as my most recent private equity deal, but I’m still happy.
As far as credentials, I have a few graduate degrees from some schools that are impressive according to US News & World Report. And trust me, its in field far more impressive that Computer Science. I almost can’t type that without laughing.
Let me ask you this, if you have the 150 IQ (HAHA), why not an engineering degree?
By Ghost of Max
April 25, 2007 6:05 PM | Link to this
Writing operating systems is sometimes called software engineering, but why would anyone want an engineering degree?
Trust you? No one in their right mind would trust you. And yuou have changed your story since last time.
You are just a garden variety idiot. You aren’t even a skillful liar. The laugh’s on you, Bozo.
By What?
April 25, 2007 6:21 PM | Link to this
Geek Squad Boy, what are you talking about?
And isn’t my garbageman called a “sanitation engineer”?
By Ghost of Max
April 25, 2007 6:45 PM | Link to this
No, you call your garbageman “Dad.”
By .
April 25, 2007 6:50 PM | Link to this
LOL!!!!
Max Darling, if you were alive I would marry you. Even if you were a quadruped.
The antlers might scratch up my headboard though :-(
By EX-NY
April 25, 2007 6:57 PM | Link to this
LMAO
I said it before Maxi, you don’t -take no prisoners.