2023 - Page 4 of 5 - South Palm Living

May 2023 Palm Beach County Market Update

Florida Realtors® has recently released the much-anticipated market reports for May 2023, providing valuable insights into the current real estate landscape of Palm Beach County. These comprehensive reports analyze and compare year-over-year data, shedding light on the latest trends and developments. Let's delve into the statistics concerning single-family homes, offering a glimpse into the local…

Mortgage rates hit a 7-month high last week after three increases. Mortgage buyer Freddie Mac said Thursday the average rate on benchmark 30-year home loan fell to 6.71% from 6.79%. You can read the full article here: Mortgage Rates Ease Back - Click Here Get Approved 1% Down Citizens Insurance sees drop in new lawsuits…

Atlantic Crossings in Delray Beach is an amazing representation of how Delray Beach is transforming. Those residents that live here have found it difficult with all of this development going on, thinking Delray Beach should be left alone allowing it to stay the small, quaint town that it is. Well, so far residents are liking…

April 2023 Palm Beach County Market Update

Palm Beach County is currently witnessing a significant year-over-year increase in inventory, with 3,642 active listings—an impressive surge of 69%. This expansion has led to the county's supply of inventory reaching 3.1 months, marking a substantial 121.4% rise compared to the 1.4 months recorded in 2022. Commenting on this trend, Chris Krzemien, President of Broward,…