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Palm Beach County’s Housing Market is “On Fire"

Posted by Lorea Thomson on Thursday, July 28th, 2016 at 7:56am.

The National Association of Realtors data shows existing home sales ascended again in June 2016. They stated, “Existing home sales maintained their upward trajectory in June and increased for the fourth consecutive month.”

The National Association of Realtors, “The Voice for Realtors”, is the United States principal trade association. They represent 1.1. million members involved in all aspects of the residential and commercial real estate.

Palm Beach County’s housing market is scorching,” Ten-X, a company that has profound roots in technology and real estate, said in its report released earlier this week. Seasonally attuned home values are up 16.8 percent year-over-year, “the highest pace in the country.”

Palm Beach County has shoved its way into the highest spot on their list of the nation’s hottest housing markets. It has seen a “torrid price appreciation, a robust job market and strong population growth”. According to other statistics, Palm Beach County is strong, but certainly not the strongest in the greater Miami area or in Florida.

Contact the Palm Beach County waterside specialists at Waterfront Properties and Club Communities to discuss the most accurate sales and pricing information for properties in Palm Beach County by calling (561)746-7272 or by sending an email to INFO@wfpcc.com

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