Absolute Best Deal at the Boca Country Club
(across from Costco on Congress, just north of Yamato)

Open the door on
the best deal at the
Boca Country Club!

$70K Price Slash for
IMMEDIATE sale!

MLS# R3036140: 3767 Mykonos Court
at the secure, gated Boca Country Club

$279,000 trust sale!

Any savvy real estate pro will tell you this: "If you want to open the door on a great deal, buy it in this market, and do it now!"

You can not make a better deal than this at the secure Boca Country Club. You must see this fabulous 3be/2ba courtyard home in Mykonos Court.

   

Almost 1500 sq ft of air-conditioned paradise in a lush, tropical courtyard setting.

  

The 2-car garage has separate doors for each vehicle.

  

The newly diamond-brited, kidney-shaped pool is the centerpiece of this easy-living jewel.

  

Walk through its beautifully-etched home entry doors into a spacious living area with decorator faux walls ... one-of-a-kind luxury.

  

An open-plan dining area is attached to the spacious living room, just steps from the newly-updated kitchen.

   

With brand new granite countertops, backsplashes and designer tiling, the super-convenient kitchen is just steps from the 2-car garage.

  

At the other end of this magnificent home, glass sliding doors in the master bedroom overlook the courtyard and diamond-brited pool.

  

The master bath is the largest in the Mykonos Court subdivision.

  

A Roman whirlpool adds the ultimate touch of luxury to the master bath.

  
  

One of the two guest bedrooms has enough space for both a bed and a computer center.

  

The second guest room is large enough to be your media center.

  A newly-updated full bath, with granite countertops, serves both guest rooms.

  
The second guest room has it's own rear patio and a magnificent canal and golf course view.

And one of the best things about living in the secure, guarded, gated community of the Boca Country Club remains the fact that you can enjoy the lifestyle of the club, without paying any of the dues. You do not have to join the Club.

Of course, if you do want to join the Boca Resort and Club (which includes the world-famous Resort in downtown Boca), or the less expensive Boca Country Club only, please just click on the link below to ...

                           

You must see this marvelous home today, because tomorrow really might be too late.

The Housing Bubble:
Has It Popped Already?

Boca Raton, FL, January 2006 -- Experts call real estate a local industry. When analysts slide Cleveland, Ohio, under their microscope, it does not reveal what’s happening in Los Angeles or Boston.

Still, if a “hot” real estate area cools off, who’s going to argue that it does not have larger implications? Boca Raton, Florida, may have some valuable lessons for the real estate industry as a whole.

Within Boca Raton, a “typical” subdivision -- the Boca Country Club -- characterizes the area. This popular subdivision of 945 homes, nestled in over a dozen separate and distinct communities, epitomizes life in the paradise of south Palm Beach, Florida.

Buyers choose from hi-rise condos, town and coach homes, attached courtyard villas, and detached estate homes. Many of the communities have their own clubhouses, while others offer small private pools in every home.

An 18-hole championship golf course threads its way through the Boca Country Club. The links are part of the world-famous Boca Raton Resort & Club, recently purchased by the Blackstone Group. Blackstone, a public company, has a well-deserved reputation as a savvy real estate group.

So how’s the Boca Country Club doing? Like dozens of other subdivisions in the Boca area, it has sizzled with sales for five, price-popping years. Until now.

Absorption Rate’s Crystal Ball

Real estate experts watch “absorption rates” closely. It’s a time-tested yardstick. Homes “go to contract” in an “average” amount of time. Recent history determines exactly how many, and how fast. Simple mathematics determines, over a year, how many homes can be “absorbed” in a particular market … if the immediate past projects the immediate future (which it often does).

In the year prior to Hurricane Wilma, which ripped through south Florida in October, 2005, 64 homes had new owners at the Boca Country Club. At any one time, between 8 and 12 homes were up for grabs. It took less than 45 days, on average, to find a buyer willing to go to contract. In some cases, homes went to contract in a day or two. Prices continually bounced higher at the rate of over a percentage point per month.
That’s the immediate past.

Here’s a snapshot of the present: 42 homes are for sale at the Boca Country Club as of this writing. That’s a record, five times higher than “normal” … and it actually surpasses the bad old days of the early 1990s, when IBM deserted Boca Raton and left its housing market in shambles for almost a decade (IBM has since returned, albeit much smaller).

On average, houses currently take 283.3 days to go to contract (up from the low 50s prior to Hurrican Wilma).

Given the current number of listings, 145 homes would have to sell in the next 12 months to “absorb” the homes with For Sale signs. That would be almost three times more than normal. It will not happen.

What’s Next?

One of three things will occur. Only three things can occur. Either prices plummet and buyers rush in. Or sellers take their homes off the market. Or it’s going to take a lot longer to sell a home.

Prices will not plummet in hurricanne-ravaged Palm Beach. Why? Because it costs a lot more to build a house than it used to. Roof tiles, wallboard, lumber, steel, washing machines and water heaters … everything costs more in a new house. And the osmosis of those rising prices drags up the pricetag of used homes.

Prices may not rise as fast as they have in the past five years – no more double digits – but they will not suddenly reverse. The battleship of rising prices does not turn on a dime. Not unless the preconstruction boom goes belly up, which seems unlikely (but stay tuned).

Watch out for 2008, however. That’s when capital gains jumps from 15% to 20% according to current legislation. A 5% hike on a big-ticket item like housing could get a lot of sellers to rush into the market to beat the deadline. Supply and demand. Housing prices suffer. The rush for the exits may have already started.

Will Sellers Stay Put?

Sellers faced with fewer buyers may pull their homes off the market. It’s a pain to keep it in show condition, and strangers rummaging through your kitchen and bedroom gets very old, very fast. It takes time, however, for a listing to “expire” -- most listing contracts are for 6 months or more, with 1-year the norm.

A real estate agent may suggest in a listing presentation that your home will sell for more than you imagined, and in just a few weeks. They may even hint that they have a buyer ready and willing, right now, this very minute. Often, this mystery buyer disappears once the listing is taken (as an aside, offer an agent who suggests a buyer in the wings a single day, one-show contract).

Regardless, it remains surprisingly hard to cancel a listing contract once you’ve signed the bottom line. The listing agent will sadly explain that it’s his or her broker’s decision not to release the seller. Your home remains on the block until the listing expires, and if you sell your home to anyone who saw it while it was listed, you owe the broker a commission even after it expires (there’s a time limit of six months to a year on this, depending on your listing contract).

Today, it seems likely that more homes will be listed on the market, not fewer. A record-shattering 42 homes are for sale at the Boca Country Club right now … powerful proof. So it does not look like inventory will pressure buyers into reaching for their wallets anytime soon.

Most Likely: A Stagnating Market

Sellers will suffer through the stigma of stagnation. They stand at that precipice at this very moment. Because a disconnect between buyers and sellers has appeared. A huge disconnect.

While many sellers currently believe that they can sell their homes in roughly 2 months, the absorption rate suggests a lot more time is needed: well over 2 years, not 2 months. That is a real disconnect.

At least one area of real estate seems destined to gain from all this … the long-suffering rental market will start to boom. An increasing number of Boca Raton homeowners have quickly discovered that the best way to “cash out” of a home is to rent instead of buy. That lets them bank the tax-free capital gains ($250,000 for a single person, or twice that for a married couple). No blossoming real estate taxes, no overheads, and you’re just a plane ticket away from outrunning the next hurricane threat. With money in your pocket and nothing to worry about.

Which may, in fact, explain who so many sellers have surfaced recently. They can’t downsize, because even smaller, less expensive homes often carry new, revised real estate taxes in excess of their existing residence. Once the tax assessor gets hold of a sales contract, and reappraises a new home, the new home’s tax base can double or triple.

Housing Bubble? There’s no shortage of pinpricks right now. Sellers want to cash in. Tax assessors seem intent on doing the same. Smart sellers would rather rent than downsize. A 5% hike in capital gains looms on the horizon. Five times as many sellers as usual have listed their homes. Buyers seem willing to wait a while as things sort themselves out. And a lot of real estate agents and their brokers are holding their breath.

By definition, every historical event takes time before it gets recorded as fact. But the Housing Bubble does seem to have witnessed a first-class “POP!”

As real estate Transaction Brokers, Kerstin and Temple Williams guarantee the following, and we will relinquish our licenses as real estate practitioners if we do not live up to each and every one of them.

1. We will deal honestly and fairly with you in your real estate transaction.

2. We will account for all funds, at all times in your real estate transaction.

3. We will use skill, care and diligence in your real estate transaction.

4. We will disclose all known facts to us that materially affect the value of the residential real property you consider buying, including those things which may not be readily observable to you.

5. We will present all offers and counteroffers in your real estate transaction in a timely manner, unless you have previously directed us to do otherwise, in writing.

6. We guarantee limited confidentiality in your real estate transaction, unless waived in writing by you. This limited confidentiality will prevent disclosure that you will pay a price greater than the one submitted in a written offer in your real estate transaction. It will prevent disclosure of the motivation you have in buying the property in your real estate transaction. It will prevent disclosure that you will agree to financing terms other than those offered in your real estate transaction, or of any other information you request to remain confidential in your real estate transaction.

Why list with us?

The Palm Beaches has more than enough real estate associates ... it's no joke that there's about one for every 15 homeowners. So what makes us different from other hard-working Realtors®?

The answer goes far beyond our decades of experience in real estate, or our knowledge of cyberspace selling and real estate in general.

It starts with our unique marketing plans (click on the link to see a typical one). And our initial comparative market anaylsis (this links to a typical one, which is a PDF file ... PDF stands for Postscript Data File ... they can take a while to load). Both the real estate marketing plan and the real estate comparative market analysis point to our greatest strengths ... integrity, honesty and reality when selling a home.

When you list with us, we help you from the initial contact to the closing table ... every step of the way. We don't list and hope the home sells itself. We bring the market to you. And we help stage your home for top dollar.

Give us a call. Sell your home. It will be our privilege to do so.

20 ways
smart sellers
raise the price
of their home.

1. Curb appeal sells: Do some landscaping. Plant some flowers. Remember that the front door greets buyers. Make sure it looks new.

2. Decorate For A Quick Sale: Faded walls and worn woodwork reduce appeal. Invest in a few cans of paint. Brighten up the interior.

3. Let The Sun Shine In: Open draperies and curtains and let the prospect see how cheerful your home can be. Dark rooms do not appeal. One trick which always seems to work is to replace 60-watt bulbs with 100-watt bulbs, and have your Realtor® turn them all on, even for a daytime showing (and off after the showing).

4. Fix That Faucet! Dripping water suggests faulty plumbing, one of the greatest fears that savvy buyers have.

5. Repairs Can Make A Big Difference: Loose knobs, sticking and squeaking doors and windows, warped cabinet drawers, and other minor flaws detract from home value. Fix them. Most buyers assume there will be ten hidden problems for every one they see.

6. Clutter clogs sales: Display the full value of your space by removing all unnecessary articles. Consider storing things you don't need all the time.

7.Safety First: Keep halls and stairways clear. Avoid cluttered appearances and possible injuries.

8. Clean Your Closets: Neat, well ordered closets look bigger, suggesting that storage space is ample. One of any home's biggest deal-killers remains: "Not enough closet space."

9. Bathrooms Sell Homes: Check and repair caulking in bathtubs and showers. Make the room sparkle!

10. Arrange Bedrooms Neatly: Remove excess furniture. Use attractive bedspreads and window treatments, with freshly laundered curtains if you use them.

11. Harmonize The Elements: FM radio or stereo on softly, TV off. All lights on, day or night. Drapes open in the daytime, closed at night. If it's hot, cool it!

12. You Can Sell Pride Of Ownership. Cleanliness counts. Potpourrie works. So does a nice-smelling stew simmering on the stove. Happy buyers often tell us: "I liked the smell of the home." And you'd be surprised how many people walked away from a "perfect" home because "the owners were smokers."

13. Three's A Crowd: Avoid having too many people present during a showing. Potential buyers need to feel at home, not like intruders being hurried through the house.

14. Noise does not sell well. Let the Realtor® and buyer talk, free of disturbances. Background "soft playing" music is okay, but the wrong sounds will turn buyers off. Noisy children and animals are roadblocks to a contract … and traffic, trains, and planes must be dealt with honestly, if they are part of the deal.

15. Pets Underfoot? Keep them out of the way ... preferably out of the house. Many people are acutely uncomfortable around animals. Nothing can stop a sale faster than man's best friend, wagging its friendly tail at a prospect with an allergy.

16. Silence Is Golden: Be courteous but don't force conversation with a potential buyer. He wants to inspect your house, not pay a social visit.

17. Be It Ever So Humble: Never apologize for the appearance of your home. After all, it has been lived in. Let the trained agent answer any objections. That's the job of your Realtor®.

18. Never Stay In Your House With House Hunters: Let the agent handle it, and remove yourself if possible. Remember that the Realtor® has worked many hours with these people, and knows what they're looking for, and how to work with them. Let the Realtor® do the job without interference.You may feel that an agent isn't showing the important features of your home to the prospect, but the agent knows people aren't sold by details until they've become emotionally involved with the "big picture" of your home. The presence of any member of the seller's family can't help. It always unnerves possible buyers. It often prevents a sale.

19. Don't Put The Cart Before The Horse? Trying to dispose of furniture and furnishing to a potential buyer before he has purchased the house often loses a sale.

20. Let your Realtor® discuss price, terms, possession, and other factors with the prospect. They are qualified to bring negotiations to a favorable conclusion. A smart Realtor® knows, in certain rare cases, when to tell a buyer and seller to sit down and negotiate the final price on their own. And if you don't think you have a smart Realtor® … well, you know where to find them if you are reading this page.

Contact Information

Mailing Address: 3755 Mykonos Court, Boca Raton, FL 33487
E-mail Address: kerstin@bocasite.com or temple@bocasite.com
Direct Phone: 561-241-6323
Cell phone: 561-271-8121 (Kerstin) 561-251-6187 (Temple)
Direct Fax #: 561-241-6358

Office Address: Templeworks Properties LLC, 3755 Mykonos Ct., Boca Raton, FL 33487

This site produced and administered by Templeworks Properties LLC. All rights reserved. Copyright violation will be prosecuted to the fullest extent of the law.

This site produced and administered by Templeworks Properties LLC. All rights reserved. Copyright violation will be prosecuted to the fullest extent of the law. Other Templeworks sites include: Boca-Antigua.com, Boca-Balboa.com, Boca-BermudaVillage.com, Boca-Candlewood.com, Boca-CyberWarrior.com, Boca-Eastbrooke.com, Boca-Fairways.com, Boca-Mykonos.com, Boca-Somerset.com, Boca-Spyglass.com, Boca-StTropez.com, Boca-TheGreens.com, Boca-TiffanyTrace.com, BocaCC.com, BocaSite.com, BocaSwede.com. CyberWarrior.biz, Home4u.ws, MykonosCourt.com, OpenBid.net, Sellnow.net, TempleWilliams.com, Templeworks.biz and WindwoodHome.com.

Disclaimer: The information at this real estate site and on this page is believed to be accurate, and it is offered as such, with no guarantees or warranties, implied or otherwise. All prices are subject to revision due to real estate market conditions. Some information may be compiled from RMLS, Inc., for the period covered by the open bid web page information. In such cases, the representation is based in whole, or in part, on real estate data supplied by the RMLS, Inc. RMLS, Inc. does not guarantee or is not in any way responsible for its accuracy. Real estate data maintained by RMLS may not reflect all real estate on the market.

Templeworks LinkExchange

| All Links Directory | RealEstate4.com - The Real Estate Directory |

Real Estate Links from MykonosCourt.com

| Index Page | Entry Page | city culture | city golf | city hospitals | city phone numbers | city recreation | city worship | city communities | city condos | Boynton Beach | Boynton Beach culture | Boynton Beach golf | Boynton Beach hospitals | Boynton Beach phone numbers | Boynton Beach recreation | Boynton Beach worship | Boynton Beach communities | Boynton Beach condos | Deerfield Beach | Deerfield Beach golf | Deerfield Beach culture | Deerfield Beach hospitals | Deerfield Beach phone numbers | Deerfield Beach recreation | Deerfield Beach worship | Deerfield Beach communities | Deerfield Beach condos | Delray Beach | Delray Beach golf | Delray Beach culture | Delray Beach hospitals | Delray Beach phone numbers | Delray Beach recreation | Delray Beach worship | Delray Beach communities | Delray Beach condos | Highland Beach | Highland Beach golf | Highland Beach culture | Highland Beach hospitals | Highland Beach phone numbers | Highland Beach recreation | Highland Beach worship | Highland Beach communities | Highland Beach condos | BocaCC | BocaCC Listings | BocaCC Golf | BocaCC Golf Front 9 | BocaCC Golf Back Nine | BocaCC Sales | BocaCC Subdivisions | BocaCC Subdivisions Antigua | BocaCC Subdivisions Antigua Sales | BocaCC Subdivisions Balboa | BocaCC Subdivisions Balboa Sales | BocaCC Subdivisions Bermuda Village | BocaCC Subdivisions Candlewood | BocaCC Subdivisions Eastbrooke | BocaCC Subdivisions Fairways | BocaCC Subdivisions Greens | BocaCC Subdivisions Mykonos Court | BocaCC Subdivisions Somerset | BocaCC Subdivisions Spyglass | BocaCC Subdivisions St Tropez | BocaCC Subdivisions Antigua Sales | BocaCC Subdivisions Balboa Sales | BocaCC Subdivisions Bermuda Village Sales | BocaCC Subdivisions Candlewood Sales | BocaCC Subdivisions Eastbrooke Sales | BocaCC Subdivisions Fairways Sales | BocaCC Subdivisions Greens Sales | BocaCC Subdivisions Mykonos Court Sales | BocaCC Subdivisions Somerset Sales | BocaCC Subdivisions Spyglass Sales | BocaCC Subdivisions St Tropez Sales | BocaCC Aerial Photo | 3000 South | Addison-Mizner | Addison | Admirals Walk | Aegean | Ambassador East | Ambassador South | Aragon | Beachwalk East | Beresford | Boca Cove | Boca Mar | Boca Reef | Boca South | Boca Towers | Brighton | Casaurina | Chalfonte | Clarendon | Cloister Beach Towers | Cloister Del Mar | Coronado | Highland Towers | Highlands Place | La Corniche | La Fontana | Marbella | Monterey House | Ocean Dunes | Ocean Pines | Ocean Reef Towers | Ocean Terrace | Parker Highland | Patrician | Penthouse Highlands | Penthouse Towers | Placide | Regency Highland | Sabal Point | Sabal Shores | Sable Ridge | San Remo | Sea Ranch | Seagate | Stratford Arms | Tierra Del Mar | Toscana | Trafalgar | Villa Del Mar | Villa Magna | Villa Marie | Whithall | Whithall South | Yacht and Raquet Club | Country Clubs | Aberdeen | Addison Reserve | Boca Delray | Boca Lago | Boca Grove | Boca Teeca | Boca West | Boca CC | Boca Greens | Bocaire | Boca Pointe | Boca Woods | Broken Sound | Delaire | Gleneagles | The Hamlet | Hunters Run | Indian Springs | Mizner CC | The Polo Club | Royal Palm | St Andrews | Stonebridge | Woodfield | Commercial | Value Form | Kerstin Williams Profile | Temple Williams Profile | Links | Listings | Postcards | Postcards 310 E Royal Palm | Postcards Hurricanes 2004 | Postcards Commercial | Postcards Nobody Knows | Postcards Smart Moves | Postcards Who Sells More | Postcards KW Golf | Postcards KWandTW Home | Postcards KW Tennis | Marketing Plan | Open Bid How It Works | Open Bid What It Costs | Open Bid Site Team | Open Bid Marketing | Open Bid Timetable | Open Bid Results | Do-It-Yourself Open Bid | Open Bid Smart Moves | Open Bid Home Value Form | Open Bid Flowchart | Open Bid Links | Open Bid Profile of Kerstin Williams |

Agent Reports from MykonosCourt.com

| Adolfsson 031404 | Adolfsson 031704 | Adolfsson 050304 | Adolfsson 071504 | Adolfsson 071704 | Adolfsson 072004 | Adolfsson 072104 | Adolfsson 072304 | Adolfsson 080804a | Adolfsson 080804b | Adolfsson 081004 | Adolfsson 081304 | Adolfsson 082304a | Adolfsson 082304b | Adolfsson 082604 | Adolfsson 083104 | Adolfsson 091204 | Adolfsson 092104 | Adolfsson 092804 | Adolfsson 101104 | Adolfsson 102104 | Adolfsson 011105 | Adolfsson 012705 | Awada 031805 | Awada 041605 | Awada 041905 | Awada 042705 | Awada 050505 | Awada 051205 | Awada 051805 | Axelbank 022005 | Axelbank 021005 | Baronoff New | Baronoff New | Baronoff More New | Baronoff Others | Baronoff Current BocaCC | Bergman 092704 | Bernardi 052604 | Biophy 041304 | Bonaffini 041905 | Bondi 051005 | Cartwright 050604 | Cash 051405 | Cash 051305 | Cash 042705 | Cash 040805 | Cash 040105 | Cash 022505 | Cash 021005 | Cash 011905 | Cash 011505 | Cash 010905 | Cash 123104 | Cash 111004 | Cash 102704LT | Cash 102704JH | Cash 102704ocean | Cash 102504sfh | Cash 102504condos | Cochrane 012405 | Cochrane 013005 | Cochrane 013105 | Cochrane 020105 | Cochrane Bacara | Deborah 061005 | Edel 102003 | Edel 102803 | Fernandez 051104 | Fernandez 052804 | Fernandez 060304 | Forell 012004 | Forell 012004 | Frank 030405 | Freedman 040704 | Freedman 041104 | Garfin 021604 | Gerber 042004 | Gerber 042004B | Goodman 020704 | Goodman 051204 | Goodman 052804 | Goodman 052904 | Goodman 060304 | Goodman 060604 | Goodman 092504 | Goodman 092704 | Goodman 092804 | Goodman 093004 | Goodman 100204 | Goodman 100404 | Goodman 100404a | Goodman 101104 | Goodman 101604 | Goodman 102204 | Goodman 102504 | Goodman 110204 | Goodman 022105a | Goodman 022105b | Goodman 022105c | Goodman 051605 | Greenman 040704 | Greenman 041404 | Greenman 041604 | Greenman 050604 | Greenman 050604a | Greenman 050904 | Isaacson 052705 | Jablonski 082904 | Jaffe 011005 | James 110903 | James 111003 | James 111203 | James 111403 | James 120103 | James 071604a | James 071604b | Jennifer 123003 | Katz 050404 | Katz 050406 | Katz 050604a | Krane 040804 | Landeros 010505 | McKenna 101304 | McKenna 012105 | Ohlsson 021004 | Ohlsson 021404inland | Ohlsson 021404ocean | Patel 012605 | Patel 013105 | Platt 032404 | Platt 032504 | Rodewald 050403a | Rodewald 050403b | Rodewald 050404 | Rodewald 050604 | Rogers 021105 | Rose 022405 | Ross 022305 | Russell 020204 | Rydfors 092304 | Rydfors 092704 | Rydfors 102204 | Rydfors 120704 | Rydfors 122504 | Rydfors 010205 | Rydfors 011705 | Sambush 122703 | Sanchez_Wallquist 012204 | Sanchez_Wallquist 112404 | Sanchez_Wallquist 010505 | Sanchez_Wallquist 012405 | Sanchez_Wallquist 012905 | Sandra 030704 | Sandra 030704a | Schonander 050505 | Schonander 051205 | Schonander 051405 | Schonherz 082904 | Schonherz 083104a | Schonherz 091204 | Serleto 051605 | Serleto 051705 | Shneider 011804 | Shneider 012204 | Siegel 021505 | Smith 011304 | Smith 011804 | Smith 012904 | Smith 020804_A | Smith 020804_B | Stone 010905 | Thompson 091204 | Thompson 092704 | Thompson 100704 | Thompson 102204 | Tolli 020305 | Vasquez 080504a | Vasquez 080504b | Vasquez 080504b | Viana 060905 | Vikstrom 081004 | Vikstrom 082404 | Vikstrom 083104 | Vikstrom 103004 | Vikstrom 110304 | Vikstrom 120203a | Vikstrom 120203b | Walker 100503 | Warenius 092404 | Warenius 101004 | Warenius 101304 | Warenius 102904 | Warenius 020905 | Weiss 050604 | Weiss 061704 |