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20 NOV
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If you ride your bike, its time to start watching out for Irving on the roundabout! The weekend wait for Guanabanas might be 3 hours long instead of 2. Figure 30 minutes to get to Costco on Northlake in rush hour. Historically, it’s good news for business and bad news for getting around. Snowbirds – love them and hate them. The next 4 weeks is also the start of the Real Estate season. Buyers who want to be settled for the season come down and buy right before the holidays. The renters looking to purchase who spur lots of activity don’t start their rental until January 1, 2025. So, when is the best time to put your home on the market? Here is how the 10 stages of “Seasonality” works.
Seasonal buyers start looking online right about now as winter is here. The best advice we can give is to get your home on the market early. The reason why is “TIME”. You don’t ever know if the market is going to be hot or cold. However, the more time you have, the more you can be patient for the perfect Buyer. As a wise man once said, if its not on the market, its not going to sell. Plus, it takes time to get your home ready. Furthermore, bad weather patterns can delay photos by weeks and thus postponing marketing from populating though various advertising mediums.
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On January 1, 2025, it will seem like you have until the end of the world to market your house. Until you realize you don’t. Seasonal renters start their rental on January 1. A few stay until January 31. Others until the end of February. The majority leave on March 31, 2025. So, its only 12 weeks until the season starts to unwind!
Sellers typically wait until March 1 to lower their prices in mass if it’s a soft season. They realize, “oh s***, the Buyers are going to go home at the end of the month”. The problem with that is that many of the good buyers already purchased and now you have to lower the price because everyone else lowered it. You also end up under a time crunch as carry cost to hold a cost is high when you add up taxes, HOA, usage of money at 5% return, insurance, etc..
Snowbirds are typically here until at least Easter (April 20th) and usually Mother’s Day (May 11th – now you can’t say you forgot as us Realtors are good for things like that….and for remembering to turn back the clocks). Families (think Egret Landing) tune into Real Estate in the Spring and want to be settled before the start of the school year (August 12th, 2025). Most of those purchases happen in April, May and June. *However, its best to get your family home on the market much earlier during the snowbird season. That’s for a few different reasons. One is it gives you plenty of time. Two, is TURN. There is so much sales activity in season that when one home sells it then lets that Seller who might be a buyer, purchase a home they are looking for. Year long local residents who might have a townhouse or small home and moving to Egret Landing, also have to have their home on the market during snow bird season. This is because while your home may only fall into the family purchaser, their starter home might be best sold to a snowbird looking for something small. Dominoes fall up and down and more activity begets more activity. Snowbirds take up a lot of the sales if your home isn’t on during season, you end up missing that buyer. It also gives you more time as putting your home on in March or April, really rushes you to find a buyer fast.
Once we hit mid-June and July, the pace of the market really slows down, unless its an oddball offseason like Covid or a hyper shortage of homes.
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Howard Freedland is a man on a mission. His first stop out of college was the big city of Chicago where within the first 2 weeks of moving there he met his wife, went to his first Cubs game, and began his first job at a prestigious and world renowned wine retailer. Right away, he had a sense of ownership and accomplishment to stand on his own two feet. Not only did he learn life skills and work harder than he ever had in his entire life, he also connected with people who inspired him to always treat your work like an artistic masterpiece bearing your name. Fast forward over 20 years in Palm Beach County, and Howard Freedland is someone you will love getting to know. He talks to everyone. He knows everyone. His business experience, business negotiations skill set, and area knowledge are second to none. And you will love his demeanor and sense of humor. Howard Freedland’s name is the name of a business done right.
SOPHIE SCHNEEBERGER learned early to carve her own path in life- raised by her single mother and the only US born member of her European family, she sought experiences that would build character. Two years with the Peace Corps in Mali, West Africa led to teaching English in rural southeast China and then 5 years working aboard cruise ships where she met her now husband JP, from the Philippines. With no ties to the area and a rare freedom to pick anywhere on a map, Sophie and JP chose to build their lives in Jupiter.
Jeff Lichtenstein, originally from Chicago, got his start in the home furnishings textile business where he traveled over 35 weeks a year selling fabrics. After the family business was sold, Jeff moved to Florida and became a real estate agent. Today he is the owner and broker of Echo Fine Properties, a luxury residential brokerage voted best brokerage of the year. Jeff manages a non-traditional model of real estate that mimics a traditional business model. Echo has 80 agents, an average of one million dollars per transaction and over 500 million in annual sales. Between traveling for work and annual family trips to national parks with his wife and 2 now adult children, Jeff has visited 49 states. He is also one of the few Chicago White Sox fans you’ll ever meet. Some publications he has been quoted in.
Author of business & leadership book How Making a Sandwich Can Change Your World – The Amazing Success of the PB&J Strategy – Available to Buy Now!
Feel free to ask him a question directly at jeff@EchoFineProperties.com including a complementary valuation of your home.
6 Beds | 6 Baths
Contact Craig at 561.246.1789
Offered at $2,895,000
More Info5 Beds | 7 Baths
Contact Craig at 561.246.1789
Offered at $1,430,900
More Info4 Beds | 4 Baths
Contact Craig at 561.246.1789
Offered at $1,247,900
More Info3 Beds | 2 Baths
Contact Daniel at 561.371.0904
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Contact Charles at 561.319.3742
Offered at $645,000
More InfoEcho Fine Properties, winner of Best Brokerage of the Palm Beaches in 2020, 2021 and 2022, is located in Palm Beach Gardens, Florida. We are a family-owned local brokerage that prides itself on having the finest full time luxury real estate agents who know the area backward and forward. Each agent is hand selected to join us for their knowledge of the area including golf club communities, gated communities, equestrian and ranch estates, condominiums, and waterfront and boating estates. Echo is unique in real estate in that our company pays for all marketing, advertising, and all support which is handled in-house. WE PAY, which lets the agent concentrate on our customers. Unlike other firms, agents never have to compromise the marketing budget. Our Home ECHOnomics Guarantee offers an unheard of 57-promises. This website consists of 5 separate MLS feeds, giving 100% accuracy ranging from Miami to Fort Lauderdale to Palm Beach to Martin County.
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