Market Updates

Palm Beach County real estate market snapshot.

June Stats – Housing inventory has increased for the second straight month in Palm Beach County.

https://youtu.be/dXzegstUGKY "Housing inventory has increased for the second straight month in Palm Beach County. With the federal interest rate hikes we've seen throughout the year, we knew this was going to play a role in shifting the market. In June, we saw inventory in Palm Beach County increase 51.4 percent to 3,421 listings and supply of inventory rise 51.4 percent to 1.9 months. Despite more...

Tropic Isle Delray Beach

The Booming Housing Market Expected to Remain Hot, But Steady

The booming housing market expected to remain hot, but steady into the second quarter of 2022. Veros Reports a 7% increase in US Home Prices into the second quarter of 2022 maintaining a heated pace that was predicted one year ago. Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, anticipates home prices will continue to appreciate at high...

Market Updates May 2021

Market Update May 2021

https://vimeo.com/566117685 Market Update May 2021 "The momentum keeps building in the Palm Beach County housing market! Closed sales increased 90.7% to 1,890 and median sale price rose 30.1% to $475,000 year-over-year. It's safe to say that there is a ton of excitement happening in South Florida and homebuyers recognize the investment opportunity as the market continues to thrive," said Karen...