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 - Click Here Palm Beach County market update find here: Market Update -...
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 it. For example, Hamtpon Social is a new restaurant & bar that is...
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, Palm Beaches & St. Lucie...
The Florida Realtors has released their March 2023 Reports. Palm Beach County is experiencing a 6.3% increase on the median home price year-over-year hitting $575,000. The county’s inventory also continues to climb. “Palm Beach County’s increase in median home price and inventory has continued to rise from the start of the year,” says Chris Krzemien, President of Broward, Palm Beaches...