Fresh off the press! The Florida Realtors® have unveiled their July 2023 market update report, showcasing the latest real estate trends in Palm Beach County. This report offers a comparative analysis based on year-over-year figures. Dive into the statistics for single-family homes below. As the inventory saw a year-over-year drop in July, the supply duration extended to 2.9 months—an elevation of 7.4%...

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,...

If you're in the market for a new property, now is the time to act. Interest rates are steadily rising, and the average rate on a 30-year, fixed-rate mortgage rose for three weeks in a row. Currently at 6.96% up from the previous week’s average 6.90%. The lack of housing inventory is making it more and more difficult to find what you're looking for. Consequently, although rates are up, the market is...

The June 2023 Market Update indicates that the amount of inventory available in June increased, with the supply of inventory compared to the same time last year now at 3 months, which is a 30.4% rise from June 2022. The median sale price has remained mostly steady, with only a 0.8% increase since 2022, putting it at $625,000. According to Chris Krzemien, the president of Broward, Palm Beaches & St....