According to Realtor.com search statistics, West Palm Beach comes in ahead of both Ft. Lauderdale and Miami as the most heavily searched metropolitan area in South Florida. In fact, West Palm Beach was ranked 16th in the entire nation! The Monthly Housing Summary posted on Realtor.com shows listing inventory decreasing more than 15% year over [...]
Continue reading →Finally, some great news to report on the local job front – The City of West Palm Beach unanimously approved the planning and zoning of the Palm Beach Outlet Mall! The Palm Beach Post is reporting that a new economic study is projecting the Outlet Mall will create up to $82 million in annual wages [...]
Continue reading →It’s safe to say that the local market for condos and townhomes in Palm Beach County has shown clear signs of recovery. The following statistics are from the April 2012 year-over-year analysis from the Market Overview provided by the Realtor’s Association of the Palm Beaches. The number of listings coming on the market from [...]
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Palm Beach Condo Company’s main focus, as you may have guessed, is to work with buyers, sellers, landlords and tenants within the condo community of Palm Beach County. Shocking… I know. We’ve found that many of our buyers, who happen to originate from beyond our national boarders, are capitalizing on a favorable exchange rate to [...]
Continue reading →According to the latest housing statistics from Florida Realtors, Florida’s existing home and condo sales rose in the first quarter of 2011 when looking to the same period last year. Existing home sales increased 13 % while existing condominium sales rose an astonishing 29%, compared to the statistics from a year ago. Dr. Sean Snaith, [...]
Continue reading →The quantity of low priced inventory on the market is shrinking by the day. Condo buildings that once had a plethora of options at the $100,000 price point no longer offer the same quantity of inventory. Palm Beach Condo Company studies the supply of the marketplace daily. Over the past few weeks, we’ve noticed a [...]
Continue reading →An award-winning production studio specializing in visual effects for feature films, Digital Domain, plans to create new jobs throughout Southeast Florida. In exchange for a $20 million incentive deal from the state, Digital Domain agreed to hire 500 people by 2014 at an average salary of $65,000. In addition, the production company announced its plans [...]
Continue reading →During what many experts are calling a harsh real estate market, a few cities across the country have seen a substantial increase in home buyer interest. According to a study recently posted on CNBC’s website, West Palm Beach has seen nearly a 12% increase in sales over the past year and a 45% increase in [...]
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Housing statistics are improving on all fronts. Both condo and single family sales of existing products are continuing to increase month after month. Palm Beach Condo Company believes that this, paired up with today’s news that mortgage rates have hit an ALL TIME LOW of 4.69%, make today’s market the best time to buy. Many [...]
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