Statistics from Clerk’s Office in Palm Beach County, Fla., Signal Steady Housing-Market Recovery

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Waterfront Properties and Club Communities sees good news coming from the report that June’s foreclosure filings decreased from May.

The positive numbers surrounding foreclosures are another sign the Palm Beach County housing market on the rise. Waterfront Properties and Club Communities is watching the trend closely.

More good news came out of the Palm Beach County, Fla., housing market this month, renewing optimism in -- and boosting the outlook of -- real-estate agents, economists and government officials.

According to the Palm Beach County Clerk and Comptroller’s office, the number of new foreclosures decreased in June, a trend that began in the summer of 2011. In June, the office recorded 1,249 filings for new foreclosures, compared with 1,356 in May. The difference amounts to nearly 8 percent.

Palm Beach County Clerk and Comptroller Sharon Bock said not only were there fewer foreclosure filings during the month, more foreclosure proceedings moved forward. In excess of 500 homes were sold during June’s online auctions of foreclosed properties, according to the latest statistics.

The positive numbers surrounding foreclosures are another sign the Palm Beach County housing market on the rise. Waterfront Properties and Club Communities is watching the trend closely.

The licensed brokerage based in the North Palm Beach / Jupiter / Stuart area, which includes Martin County, has seen slow but steady improvements in the market and rising confidence in buyers and sellers.

More proof the area is doing well is Waterfront Properties’ managing partner, Rob Thomson, securing the No. 4 spot in Florida on The Wall Street Journal / Real Trends “Top 250.” Thomson ranked 26th overall.

The “Top 250” ranks real-estate professionals according to their sales volumes, or dollar amount sold during the year, as well as other criteria. It is an annual survey given to Realtors throughout the United States.

Thomson closed more than $112.4 million in transactions on residential property in 2011.

A look at some of the homes Waterfront Properties lists explains why Thomson, a 30-year real-estate veteran, performed so well. Waterfront Properties’ homes for sale on the Loxahatchee River, as well as BallenIsles real estate and other golf-course developments, are architectural masterpieces. They have a tropical, Mediterranean flair befitting the South Florida environment, and are filled with luxury appointments.

For information, call 561-747-7272.

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