Lang MAGAZINE
Isue1|2021
BESTKEPTSECRETS DISCOVER FLORIDA’S
PALMBEACHCOUNTY. ANDBEYOND! THETOP CITIESIN
LANG REALTY: 2020’SINDUSTRYLEADER
FORLISTINGS&SALES
A LETTER FROM OUR PRESIDENT
Dear Reader,
Whilewe are not out of the woodsyet, the end of 2021 should put us closer to the returnof a "normal" way of life. The million-dollar questionis what is the "new normal" in the Rea l Estatemarket. After nine years of a shrinking housinginventory, the coronavirushas reduced the housing inventory even further. The reduction of available homesis not just a South Florida issue, but throughoutthe country as buyersseek less densepopulationand more outdoor space. South Floridahas becomeespecially popular as buyersescapehigherstate taxes, seek a warmer climate and an easier lifestyle. The SouthFlorida housing market is extremelyunbalanced.At present,the demandfor housingfar exceedsthe availablehomes on the market,producingmultipleoffer s ituationsfor buyers whoare willing to pay over asking prices for properties. Whi le the ove rheatedhousingmarket is a concern,the challengesof the Covid housingshortage have no resemblance to the housingmeltdo wnof 2008 wherespeculativebuyingfrom unqualified investorscaused overbuliding. In the currentmarket,simplesupply side eco nomi csis driving the housingprices higher - namely we have too few homes for the amount of buyers wishingto purchase. So. what is the future of the South Florida housing market? My standard answeris my crystal ball is broken. However, it seemsto me the Coronavirus has changedus all in wayswe haven'teven begunto fully realize yet. Working from home is now not only excepted, but may be expected. Additionally, as individualsspend moretime at home, some will realize their home no longer meets their needs post- Covid. Buyers now imaginemore from their home than ever beforefrom largerkitchens ,home officesand gyms as well as more spaciousoutdoor living.Oncethe Pandemic is over, will these trends remain? Whileall Real Estatecycles mus t come to an end, I believe the overwhelming demandfor South Florida homescontinuesfor some time as buyers re- imagine theimportance of wherethey live - as well as how they live. Remember Northerners fleeing cold winters know that tax savings from Florida State income taxes will offset a majority of their housing costs in South Florida. When you consider all that South Florida has to offer plus free housing, the proposition is extremely compelling. Apparently thousands of buyers have figured this out. Now, we just needplaces to put them.
Warm Regards, �� Scott Agran President
aglimpseinside. TABLE OF CONTENTS
Gettoknowthetoprated SouthFloridaCommunities IntheSpotlight 6
Fresh&New 15
LangRealty’sguideto SouthFloridaEntertainment
DiscoverBoyntonBeach’s FeaturedProperties ThisOceanfront,7Bedroom,10Bathroomestate iswaitingtowelcomeit’snewowner’shome. sepage18fordetails. Fromourcover.. FeaturedHomes 26
4 www.langrealty.com
5
INTHE SPOTLIGHT
07
15
7. BOCARATON
15. DELRAYBEACH
23. BOYNTONBEACH
23
31
31. HIGHLANDBEACH
39.JUPITER
49.PALMBEACHGARDENS
39
49
57.PORTST.LUCIE
67.WELLINGTON
57
67
6 www.langrealty.com
7
10
FindYour BocaRatonSanctuary
Clickheretoview ourexclusive BocaRaton listings
Professional and residential handyman and property management services from general maintenance to light plumbing to welding to electrical/lighting. For over 40 years, Lang Management has been the trusted choice for the area’s finest country clubs, condominium and single-family communities. Now whether you live in a Lang managed community or not, you can rely on these services too. All workers are uniformed employees not sub-contractors with clean driving records, drug tested and skilled craftsmen.
BOCA/DELRAY 561-750-1477 BOYNTON BEACH 561-267-7279 NORTH COUNTY 877-242-8692 CALL TODAY! CARING FOR YOUR HOME AS IF IT WAS OUR OWN
2740 NW 1st Avenue Boca Raton, FL 33431
www. langrepai r .com
15
16
17
FindYour DelrayBeachSanctuary
Clickheretoview ourexclusive DelrayBeach listings
ContactUs (t)561.253.1627 Marla.Intoppa@Acentria.com MarlaIntoppa,AAI www.acentria.com
(weevencovertheelephantintheroom)
23
24
26
FindYour
Clickheretoview ourexclusive BoyntonBeach listings
Now,morethenever, HomeMeansEverything.
31
32
33
34
39
40
41
Jupiter
42
43
49
50
51
52
53
Closingcanbe Complicated (butitdoesn’tneedtobe)
TheexpertsatKTitleCompanyhavespent yearsstreamliningthetransactionsetlement procesinordertoprovidecustomerswitha seamlesclosingexperienceandmostimportantly, peaceofmind.
Underwritenby
Getintouch (t)800.943.4188 www.ktitle.com
ClosingsMadeSimple
57
58
59
60
61
WELL NG TON THE WINTER EQUESTRIAN CAPITAL OF THE WORLD Home to an internationally recognized equestriancommunity w ith a greatsocial sceneto match. Fromthe prime South Florida location to nearlype rfectweather y ear-round, what 'snot to love? W ith what was once 16 ,000acresof untouchedo, ften-flooded I and, We 11 ington has quick I y becomea thriving , affluent commu nity, a nd was recently listedin MoneyMagazine's 2010 Top 100 Best Places to L ive .
68
69
70
71
Folow theleader.
Follow theSuceë.
ContactKarenWendmanatk.wendman@langrealty.com toscheduleaconfidentalmeeting
Page i Page ii Page iii Page iv Page v Page vi Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70Powered by FlippingBook