Paying attention to your local real estate market is vital if you want to be making the best investments and finding the most agreeable prices on a home, even in the luxury market. No section of the market is completely independent of the others, so it's good to keep track of what's going on in and around the area. So what's the current forecast for real estate in Palm Beach County? The outlook is certainly good. While there are a few concerns about prices drops, the fact is the number of homes sold in November was up by a significant percentage. Close to 950 homes were sold in November, up from a number around 600 in October of this year. That's a sizable increase, and what it means is the market is definitely seeing some marked improvement. The news only gets better for investors when coupled with the fact that unemployment has gone down in Florida as a result in increased tourism and health care jobs. Condo markets got the same good news last month, with both sales and prices increasing by significant margins as well. All-in-all, the housing market in the Palm Beach area is definitely making gains and could be poised for serious growth. If you're looking for the best, most valuable real estate in Florida and want to make a smart investment, or find the perfect home for your family, come talk to us at Lang Realty today. Our expert staff can help you find the best real estate buys for you.
Source: Palm Beach Post