Modest Increase in Home Listings The recent decrease in mortgage rates has led to more homeowners listing their properties, yet the modest increase in home listings is still not enough to bring the housing market's inventory back to pre-pandemic levels. Active listings in the U.S. rose by 4.9% in December year-over-year, with a significant 9.1% increase in new listings. Despite this uptick, the market...
Delray Beach Communities
What should you do with your broken, damaged, or malfunctioning appliances: does it make more sense to repair them, or replace them? In a perfect world, one could indefinitely continue repairing a well-made appliance and it would continue to serve you from the day you bought it to the day you move out. Appliances of the past were made to last, but planned obsolescence seems to be universal these days,...
Based on this article, three out of the top five markets for rent growth are in the Sunshine State. Although Palm Beach County is not on this list, we all know what is happening to rents here. Corporate relocations and people fleeing the northeast are a significant reason for the rent growth. You can read the full article here: Florida Continues To Lead Nation in Apartment Rent Growth August...
Parks at Delray is a new community being developed on the old Office Depot site located at 2350 S Congress Avenue, Delray Beach, FL 33445. Several companies combined their efforts to acquire the 25.1 acres. The new development will consist of 693 apartments garden-style four and five story buildings and 54 townhomes for a total of 747 multifamily units. They will first do first phase of 382 apartments and...