Archive for December, 2008|Monthly archive page

Fite Shavell & Associates Grand Opening Party

November 18 2008
David Fite and Wade Shavell celebrate their new Palm Beach real estate venture

Over 400 guests attended the grand opening of Fite Shavell and Associates, a luxury real estate brokerage located in the heart of Palm Beach. “We couldn’t be happier with the turn out. This event gave us a chance to convey to the local real estate community our proactive approach and excitement in promoting Palm Beach’s unique lifestyle,” said principal David Fite.

The by-invitation only event allowed friends, family, real estate professionals and members of the Palm Beach community, a first-hand peek into their new office outfitted with innovative internet technology and sleek, modern décor. Party-goers entered through a red carpet walkway lined with greenery where they were greeted with fine Padania Wines and exquisite hors d’oeuvres prepared by Pelican Cafe. Guest mixed and mingled between the lobby of the agency and the breezy outside pavilion equipped with cocktail bar, catered food display and the sounds of Deejay Jean Marc Halimi. Some of the evening’s guests included
Stephen Myers Sr., Stephen Myers Jr. and wife Kerri of Pine Creek Sporting Club; Dan and Karen Swanson, Victoria Rixon, Tony Comorate and Deb Vasilopoulos of Lydian Bank; Jim Pappas, Palm Beach Mayor Jack McDonald, Tim Benitz, Scott Sloan and Rosalie Deitz.

Information: or 655.6570.

David Fite Talks With Avenue Magazine about Real Estate in Palm Beach

October 2008
A Q&A session with the Principal of Fite Shavell & Associates for the Real Estate Yearbook from Avenue Magazine

How has the market performed in the past year?
Palm Beach is holding its own. For the first six months of 2008, the median price of a single-family home sold in Palm Beach, as compared to last year, increased 9 percent to $4.3 million. Also interesting to note is that in addition to the higher average price, there were four properties that had sales prices of more than $20 million. A recent sale in July topped $95 million.

Palm Beach is a fantastic place to live—the community offers a small town ambiance with world class amenities. This market is appealing to Americans, as well as to international buyers. We are optimistic that demand will continue to drive a robust real estate market.

Is this a good time to buy? Can you offer any advice to potential buyers?
It is always a good time to buy in the Palm Beaches. Over the past ten years, the market has experienced unprecedented growth, with properties available in a wide range of prices. Baby Boomers are drawn to the active lifestyle and cultural activities; Generation-Xer’s, who are beginning to enter our market, are also drawn to the abundance of outdoor activities.

We see a strong real estate market moving forward. Rich in history, the Palm Beaches continue to evolve.
Exciting new communities are developing and fabulous individual estates are being built. There is something to accommodate every lifestyle. Now is a great time to visit, to enjoy the wealth of culture and activities, and tour Fite & Associates’ current listings.

What is your dream project?
My experience as the CFO of the two largest residential real estate firms in New York prepared me well for my dream project: the founding of Fite & Associates. I am now fully dedicated to making Fite & Associates a world renowned, locally owned and operated real estate firm in Palm Beach. Our approach is quite different than our competitors. Our agents actively collaborate to match buyers with the right properties. We promote a strong sense of teamwork and camaraderie within the company.

10 Best Things about Cedar Park

1. Shopping
Lakeline Mall and Plaza is the most well known shopping center in Cedar Park, but the brand new 1890 Ranch Shopping Center is a great place to avoid the crowd.  The 800,000 square-foot shopping center is features a giant 12-screen Cinemark Theater, SuperTarget, Best Buy and more large retail stores. The shopping center is continuing to expand, so look out for more new stores in the future.

2. Cedar Park Regional Medical Center
Cedar Park Regional Medical Center, a partner of the Seton Family Hospital, is now open and is serving residents in Western Williamson County. The $125 million medical center offers full service healthcare including physician offices, labs, and diagnostic services, all in one location.  It is located right in the heart of Cedar Park behind the 1890 Ranch Shopping Center and has become a welcomed addition to the Cedar Park community.

3. Schools
Cedar Park belongs to one of the fastest growing school districts in Texas.  In just one year, the Leander ISD has expanded from six campuses to thirty-three campuses!  The highly-rated schools are known statewide for their 16:1 student-to-teacher ratio, 90% TAKS passing rate, and a consistently reputable education status.

4. Parks
Cedar Park is actually home to many parks, but one in particular stands out as an exceptional location for exercise and relaxation.  Brushy Creek Lake Park, one of the city’s newest parks, backs up to the Avery Ranch Golf Club.  The park has a small lake for fishing and kayaking, a sand volleyball court, hike and bike trail, and an exciting water playscape. This multi-faceted family and pe- friendly park is a perfect place for varying outdoor activities.

5. Location
Cedar Park’s convenient proximity to Austin is a big reason for its appeal.  Approximately 15 miles southeast of Cedar Park, the heart of Downtown Austin is only about 20 to 30 minutes away.  Cedar Park also stands at the center of the convenient 183A and I-45 toll roads, as well as Highway 183, which stretches south into Austin, giving its residents easy access into and out of the area. Cedar Park’s location helps maintain their “small town feel” without being too far from the city life.

6. Food
Although there are plenty of great restaurants in Cedar Park, two exceptional locations stand out.  For anybody who loves BBQ, Smokey Mo’s is the place to go in Cedar Park. The restaurant has an old Texan feel, and serves some great food (Try the brisket!).  Brooklyn Heights is another great Cedar Park find.  They are known for their outstanding pizza, but they also have a full menu that includes great sandwiches, rib eyes and desserts to satisfy the pickiest of eaters.

7. Size
One of the most astonishing things about Cedar Park is the growth it has experienced over the last couple years.  According to the city website, the population grew from 26,049 in 2000 to 52,058 in 2006, a 99.9% growth in just six years! It is also predicted to continue the substantial growth in the coming years.

8. Cedar Park Sports & Events
In 2009, Cedar Park will introduce the Texas Stars, a new AAA hockey team and a subsidiary of the Dallas Stars. Bringing the love of hockey to central Texas, the Stars will play in the brand new hockey arena beginning in September 2009.  Their games are certain to be “the next big thing” in Cedar Park, drawing in huge crowds from the surrounding area. Located at the corner of 183A and New Hope Road, the hockey arena is just one use of the new Cedar Park Event Center, be a 6,800-seat sports arena with room for up to 8,500 for concerts and special events.

9. Twin Creeks Country Club
The Twin Creeks Country Club is a refreshing getaway from the grind of the work week. Twin Creeks is home to the only Fred Couples signature golf course in the area, a challenging design that leads golfers through the beauty of the Texas Hill County. Complete with a private clubhouse, dining facility, recreation center, walking trails, and a water-park with a junior Olympic sized pool and a resort style pool with water slides, the club has something for every member of the family.

10. Housing Market
Thanks to Cedar Park’s incredible growth, the housing market has remained strong, despite national trends.  According to, a leading market website, home prices in the area increased an average of two thousand dollars within the last month, and the number of homes listed continually decreasing.

About Buffington Signature Homes
Buffington Signature Homes is dedicated to building homes that will last a lifetime. A locally owned company with a wealth of experience, Buffington Signature Homes combines innovative floor plans, skilled craftsmanship and an exceptional buying experience to deliver homes with value that each and every customer is proud to live in. Proudly building fine communities and new homes in South Austin, Round Rock and Cedar Park.  Home prices vary per community, from the $210’s to the mid $300’s, ranging in size from 2000 to 3700 sq ft with new plans in the works to go over 4000 sq ft.

Media Contact:
Gary Warren
Vice President of Sales & Marketing

“10 Best Things about Round Rock”

1. Round Rock Premium Outlets
Name brands like Coach, Calvin Klein, BCBG-Max Azria and Burberry at discounted prices? It doesn’t get any better than that.  Round Rock outlets are indeed the greatest thing to happen to shopping in Round Rock since…well, ever.  Finally, Round Rock residents don’t have to travel 45 minutes down I-35 to San Marcos to enjoy outlet prices because they can now enjoy them from their own backyard.  The outdoor outlet center has an exceptional selection of popular retail shops that sell a variety of clothing, shoes, jewelry and fragrances.

2. Round Rock ISD
It has been talked about before, but the “10 Best Things about Round Rock” cannot be complete without including Round Rock ISD. Frankly, the excellent school system is one of the reasons Round Rock has such a good reputation, why Money Magazine named them number seven out of the one hundred best cities in which to live.  Their annual dropout rate is only 0.1%, with a 14.6:1 student to teacher ratio, and produce 87% of graduates that say they will continue their education.  It’s not hard to see why Round Rock ISD has become one of the most talked about school districts in the area.

3. Round Rock Donuts
For those who have never tasted a warm and golden Round Rock Donut, it is definitely an experience not to let pass.  The reputation of Round Rock Donuts has stretched far across Central Texas, and the residents of Round Rock will argue this is the best donut ever made.  They still remain in a single location near downtown Round Rock, but they have expanded their business in the last couple years.  Now, not only do they serve their signature donuts, but also a variety of delicious baked goods, cakes, pies and pastries.

4. Round Rock Express
The Round Rock Express, the AA minor league team located in Round Rock, is one of its most popular attractions and brings in a sell out crowd from all over the area.  As a subsidiary of the Houston Astros, it is home to professional players before moving up to the major league or during rehab (some might remember the two weeks Round Rock got to see Roger Clemens).  The Dell Diamond has affordable tickets, great seats and can provide some fun family entertainment during those hot summer days.

5. Texas State Campus at Round Rock
The new Texas State campus in Round Rock provides an excellent educational resource to people in the area. They offer Associate, Bachelor and Masters Degrees as well as certification and continuing education programs.  The campus offers a similar curriculum with the same professors as Texas State San Marcos but at a more convenient location for local residents.  They hold day and night classes and have many opportunities to get a degree while working full time.

6. The History
The evidence of Round Rock’s rich history can be seen all over town.  The popular “round rock” that the town was named after can be seen from the bridge above the brushy creek on Chisholm Trail Road. Also in that area, there are still wagon marks from the historic Chisholm Trail etched into the rocks along the river bank.  Downtown Round Rock was also the site where notorious train robber Sam Bass was shot on the streets downtown, and his grave is actually located nearby at the Round Rock Cemetery. All landmarks can be seen by visitors, and the Sam Bass shooting is recreated along the streets downtown.

7. Downtown Round Rock
Downtown Round Rock has become the cultural epicenter of the town with specialty retail shops, local eateries and art galleries.  The popular town square on Main Street is home to authentic restaurants such as Main Street Bar & Grill, the Louisiana Longhorn and el Matador.  They also host plenty of exciting events all year long like the artisan stroll, a local art market which occurs every second Sunday, movies in the park, and concerts.

8. The Bats of Round Rock
Ok, so it’s a little odd how watching bats fly out from a highway underpass in Round Rock can be enjoyable, but it is truly a one of a kind experience.  Most people know about the bats that fly out from under Congress Bridge, it has become quite an attraction in Austin, but Round Rock has its own population of bats that is just as enjoyable to view, without the crowd.   The underpass at highway I-35 and McNeil is home to thousands of Mexican free-tailed bats and right after dusk they all fly out at once to feed.  It only lasts for a couple minutes, but the multitude of bats flying in unison is really one of the most amazing natural spectacles to watch.

9. Old Settlers Park
Located right across from the Dell Diamond, Old Settlers Park is one of the best places in Round Rock for outdoor sports and recreation.  The large park is home to 20 youth baseball and softball complexes, soccer fields, and many youth and adult leagues to join.  For kids, it features a water park called Rockin’ River complete with a lazy river, crazy slides, and a water playground.  The park also features a hike & bike trail and a small lake stocked for fishing.

10. Avery Ranch Golf Club
Created along the rolling green landscape of the Texas Hill Country, Avery Ranch Golf Club is one of the newest and most craftily designed golf courses in the area.  The challenging 226 acre, 18-hole golf course, designed by Andy Raugust, is available to the public and makes for an enjoyable day of golf.  After your finished, don’t forget to head over to Z Tejas, the newest location of the original Austin restaurant, for some fine wine and food selections.

About Buffington Signature Homes
Buffington Signature Homes is dedicated to building homes that will last a lifetime. A locally owned company with a wealth of experience, Buffington Signature Homes combines innovative floor plans, skilled craftsmanship and an exceptional buying experience to deliver homes with value that each and every customer is proud to live in. Proudly building fine communities and new homes in South Austin, Round Rock and Cedar Park.  Home prices vary per community, from the $210’s to the mid $300’s, ranging in size from 2000 to 3700 sq ft with new plans in the works to go over 4000 sq ft.

Media Contact:
Gary Warren
Vice President of Sales & Marketing

“10 Best Things about Palm Beach”

1. The Beach…duh!
Phipps Ocean Park, located on Ocean Boulevard, stretches along the striking South Florida coast.  The beach is a hot spot for locals and tourists alike, and it is easy to see why. Phipps Ocean Park is more than the typical Florida beach. There are playgrounds, tikki huts, barbeque pits, picnic tables and more.  The shallow crystal blue shoreline makes for a beautiful Florida day for snorkeling, surf fishing and swimming.

2. Town of Palm Beach Golf Course
The Town of Palm Beach Par 3 Golf Course is one of the most uniquely designed and prominent courses in Palm Beach, is open to the public and is set right in the intersection of the Intracoastal Waterway and the Atlantic Ocean — so close that if you swing too hard you might send your ball sailing off into the ocean.  The rolling green hills set the stage for the 18-hole course with sand dunes, palm trees, lagoons, and even wildlife as its natural obstacles.  Each and every hole captures the majestic beauty of the Palm Beach landscape.

3. The Flagler Museum
Built in the Gilded Age, the Flagler Museum, enriched with American history, is one of the most extraordinary displays of unending prosperity.  The classic white mansion located along the beautiful shorelines can only be compared to a historic monument in the ancient Roman Empire, and Henry Flagler and his partners, such as J.D. Rockefeller, who revolutionized economic progress in America, were the gladiators of their time. The inside of the mansion features colossal columns holding up soaring arched walkways and a sunroof that lets in the warm light of the Florida sun.  Tour the museum or join afternoon tea in the café and participate in the tradition of America’s wealthy society.

4. Breakers Hotel
Just one night in Palm Beach’s legendary hotel, The Breakers, is all it takes to experience the unparalleled luxury.  The hotel features two 18-hole golf courses, an ocean view fitness center, ½ mile of private beach, five swimming pools, 10 tennis courts and eight luxury restaurants.  Make sure to also visit the 20,000 square foot spa and book the Ocean Breeze treatment, a massage on a peaceful outdoor terrace with the sound of the waves to send you off into ultimate relaxation.  Whether it’s a week long vacation or just a day or night out, the 140 acre oceanfront resort has enough services and amenities to make you never want to hear the words “check out.”

5. Taverna Opa
The Taverna Opa in Palm Beach is the epicenter of the distinctive and exciting city nightlife.  The trendy restaurant and bar is alive with Greek lifestyle featuring authentic music, food, drink and culture.  In one sitting you will experience belly dancers dancing on tables and napkins tossed up into the air. This place is a nonstop celebration.  It is so much fun that before you know it, it could be you who ends up dancing on the table.

6. The Garden’s Mall
The Garden’s Mall, located in Palm Beach Gardens, is a heavenly haven for any type of shopper.  The upscale mall features an extensive collection, 160 to be exact, of fine specialty shops with a wide range of name brand retailers such as Chanel, Gucci, Ralph Lauren and high-end department stores like Nordstrom, Saks Fifth Avenue and Bloomingdale’s. This Palm Beach prize can keep you and your wallet busy all day long.
7. Palm Beach Cardinals
The Palm Beach Cardinals, a 1-A minor league affiliate for the St. Louis Cardinals, provide outdoor fun during those hot summer nights.  Whether entertaining clients or just spending a night out with the family, the Palm Beach baseball games are exciting and affordable.  Who wouldn’t love great seats, cheap beer and some thrilling competitive baseball?

8. Palm Beach Confections
They might still have a perfect beach body but Palm Beach residents do indulge, and when they do, they go to the Palm Beach Confections to satisfy that aching sweet tooth.  Their handmade chocolates are a delight, and they feature one-of-a-kind specialties like the “Escargot” which is made of chewy butter caramel and vanilla dipped in milk or dark chocolate.  Escargot has never sounded so good!

9. Lake Worth Lagoon
Lake Worth Lagoon stretches all the way from Boyton up to North Palm Beach and is the best fishing spot in the area.  This lagoon is stocked with saltwater fish like snook, redfish, tarpon, jack crevalle, snapper and sea trout just to name a few.  Not all areas are fishing hot spots though. You might need to squeeze the secret out of the local anglers, if they’ll tell you.

10. Real Estate
Palm Beach Real Estate is a hot commodity attracting home buyers from all over the country and the world.  Palm Beach features thousands of beautiful luxury homes for any type of home buyer.  If you are interested in checking out available homes in the area, visit to get in touch with a local realtor today.

About Fite Shavell & Associates
Fite Shavell & Associates is a locally owned boutique real estate broker in Palm Beach, with national experience and a global approach to buying and selling residential real estate. Their unique approach combines the flexibility and traditional values of local leadership with decades of experience in a range of neighborhoods, property types and deal structures in some of the country’s most sought-after luxury real estate markets. Through a commitment to personalized service, expert guidance and absolute integrity in our professional actions, Fite Shavell & Associates places the customer’s needs first and creates a clear advantage for buyers and sellers within the markets they serve.

Media Contact:
Christina Berry
561.236.2431 Cell
561.655.6570 Office
561.655.6573 Fax