This project is important to me because I live in Fairways of Delray which is a community off of Homewood. Very excited about this and can't wait until it is completed! Purpose of Project: This project is to address intersection safety improvements, Americans with Disabilities (ADA) improvements, and traffic signal updates: Location 1: SR 806/Atlantic Avenue at Homewood Boulevard Atlantic and...
February 2025 Market Update real estate data shows Palm Beach County closed 1,009 single-family home sales, with cash deals making up over 40% representing a 10% increase from January. New listings held steady at 1,874, while inventory rose 23.9% year-over-year to 6,292 active listings. The months’ supply of inventory increased to 5.7, signaling a market that is increasingly favorable to buyers,...
The January 2025 Market Update is encouraging. Palm Beach County's housing market started 2025 strong, with sales up 4.8% year-over-year. Inventory grew 25.2% to 6,136 active listings, while new listings rose 6.8% to 2,034. Despite the increase in available homes, pending inventory dropped 5.2%. The county now has a 5.4-month supply of inventory, a 38.5% jump from last year, giving buyers more options...
2025 Real Estate Trends indicate that Florida’s housing market may be shifting toward a buyer’s market. This is especially true in certain areas, according to Florida Realtors® Chief Economist Dr. Brad O’Connor. Single-family homes ended 2024 with 4.7 months of supply - just below a balanced market. Condos and townhouses entered buyer’s market territory with 8.2 months of supply. Inventory rose...