RealtyTrac® Reports U.S. Median Home Price Appreciation Accelerates in April as Short Sales and Foreclosure Sales Slow

Daren Blomquist

IRVINE, CA — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, released its April 2014 Residential & Foreclosure Sales Report, which shows that U.S. residential properties, including single family homes, condominiums and townhomes, sold at an estimated annual pace of 5,213,793 in April, a decrease of less than 1 percent from March but an increase of 4 percent from April 2013.

The median sales price of U.S. residential properties — including both distressed and non-distressed sales — was $172,000 in April, an increase of 4 percent from the previous month and an increase of 11 percent from April 2013 — the biggest year-over-year increase since U.S. median prices bottomed out in March 2012.

“April home sales numbers are exhibiting the continued effects of low supply and still-strong demand that exist in many markets across the country,” said Daren Blomquist, vice president at RealtyTrac.

“Annualized sales volume nationwide decreased on a monthly basis for the sixth consecutive month and the 4 percent annual increase in April was the lowest year-over-year increase so far this year. Meanwhile median home prices nationwide increased to the highest level since December 2008.

“U.S. median home prices have now increased 21 percent since hitting bottom in March 2012, although they are still 28 percent below their pre-recession peak of $237,537 in August 2006,” Blomquist continued. 

“There are a surprising number of markets, however, where median home prices have surpassed their previous peaks since the Great Recession ended in June 2009.”

For a complete copy of the company’s news release, please contact:

 Jennifer von Pohlmann

 PR Manager

Office: 949.502.8300 ext 139

jennifer.vonpohlmann@realtytrac.com

Boutique Fort Lauderdale, FL Residential Brokerage Closes $46 Million In Luxury Home Sales since January 2014

Joy Triglia

 FORT LAUDERDALE, FL - As home prices and sales in Fort Lauderdale’s prime waterfront neighborhoods continue to increase, Panton & Co. Realty, the fourth generation, family run boutique brokerage, has closed $46 million in sales in the first five months of the year, a record for the company and a personal record for owner and real estate industry veteran, Joy Triglia.  

 In Fort Lauderdale’s prestigious Harbor Beach neighborhood, eight waterfront Homes have sold since January 2014. Panton & Co. Realty, Inc. brokered four of those deals, two of which were the highest sales in the neighborhood, 2550 Del Lago Drive and 2407 Laguna Drive. 

The company has had five sales in the Las Olas Isles neighborhood since January 2014 in addition to a listing and sale on Delmar Place in the esteemed Seven Isles neighborhood.

 According to Triglia, most of her buyers are coming from the northeast region of the United States looking to for an escape from cold winters.  They arrive in South Florida and fall in love with the waterfront lifestyle and all that the area has to offer.  Many then decide to make Fort Lauderdale their home.   

Los Olas Isles district, Fort Lauderdale, FL

 “We’ve been marketing and selling luxury real estate in East Fort Lauderdale for four generations, through multiple booms and recessions,” said Joy Triglia, who began in the business in 1985 and took over from her mother, Barbara Panton, in 2011.

 “We are one of the most experienced and knowledgeable offices catering to this unique Eastside Fort Lauderdale market and many of our clients are repeat and referral customers,” she said. 

 Panton & Co. Realty, Inc. has been family owned and operated since its inception more than 50 years ago. Triglia’s great grandparents relocated from Italy to New York and opened a real estate office.  Her grandparents, George and Ann Panton, moved to Pompano Beach and started the business.  Her grandfather served as president of the Pompano Board of Realtors.  Her grandmother sat on the board and also led the Florida Woman’s Council of Realtors for many years.  Both grandparents also sat on national and state real estate boards.

Los Olas Isles, Fort Lauderdale, FL

“With an increasing number of people from around the world discovering the great South Florida lifestyle and strong property values, and with only a limited number of luxury waterfront homes available, we’re confident to say that purchasing waterfront real estate in east Fort Lauderdale will remain a solid investment,” Triglia said.   

For a complete copy of the company’s news release, please contact:

Daniel Grant

dgrant@piersongrant.com

954.776.1999, ext. 235

PantonRealty.com.

  

Entrepreneurs Al Weiss and Niki Bryan Form Marilyn Monroe Spas in Orlando, FL

Marilyn Monroe

ORLANDO, Fl. — Launched in late 2013 and already operating in eight locations throughout the United States, Marilyn Monroe Spas is positioned to be one of the hottest retailers this year, according to John Crossman, president of Orlando, FL-based Crossman & Co.

The talented leadership team at Marilyn Monroe Spas includes Al Weiss, former President of Worldwide Operations for Walt Disney World. Weiss is teamed with Niki Bryan of Niki Bryan International, the spa management company that previously managed all resort spas at Disney World in Orlando, Florida for a number of years. 

Together they have licensed the Marilyn Monroe name and her likeness, embracing her glamorous and timeless legacy with their new approach to the hotel/resort spa, day spa and nail boutique industries, according to Crossman.

Al Weiss

"The Marilyn Monroe Nail Lounge and Marilyn Monroe Glamour Rooms are the perfect match and solution in retail to the ever changing needs of the consumer in today's bustling shopping center experience," said Crossman.

He adds, "As the leadership team at Marilyn Monroe Spas works to transform the day spa and nail boutique experience nationwide, upon entering each location you’ll be taken away by superior service on multiple fronts when compared to standards currently being practiced in the industry,"

Hallmarks of their superior experience include modern, lounge-like environments, gracious hospitality, excellent service and value, amazing retail products and vigilant approaches to hygiene and safety, according to Crossman.

"Marilyn Monroe Spas has the potential to become the premier national retailer in the nail boutique and day spa category, in which simply no national brand exists in today," he states.

Crossman adds, "Who wouldn't want to add a hot retailer like Marilyn Monroe Spas to their portfolio, and like Marilyn Monroe, who doesn't want to be fabulous?"

Niki Bryan

He says, "Launched in late 2013, Marilyn Monroe Spas is fun, flirty, and fabulous, providing a fresh take on nail and resort experiences. Our mission is to make every spa experience and product we create wonderful. And, importantly, we will honor the memory of Marilyn Monroe."

For more information, visit the company's website: www.marilynmonroespas.com

Crossman & Company was founded in 1990 and is a regional shopping center brokerage firm which represents over 200 shopping centers in Florida, Georgia, Alabama, Tennessee, South Carolina and North Carolina. For more information, visit the company’s website: www.crossmanco.com

For a complete copy of the company’s news release, please contact:

Claire Pagan cpagan@crossmanco.com