As you may have perviously heard or read about in a recent article from the Sun-Sentinel, new construction single-family homes under $300,000 in both Palm Beach and Broward counties are becoming increasingly difficult to find on today’s housing market, which to active buyers already browsing what’s available, is hardly news at this point.
So just why exactly is it so hard to find an affordable new construction home in Boca Raton or the surrounding area? Well, thanks to a very active market, labor shortages, and rising costs for land and building materials, home builders all over the South Florida region are opting to build for luxury home buyers rather than for first-time buyers or young and growing families, leaving a significant shortage of newly built homes under that $300,000 price point.
As experts working in the Palm Beach County real estate market every day, it's hardly surprising to read about how limited inventory is right now for new construction homes at just about any price point, but especially in the entry-level category. But even still, seeing just two available listings at the time of this post does feel a little shocking, even to those of us working in the industry.
For a glimpse at what's available, check out the active MLS listings below, or feel free to give us a call at your earliest convenience to discuss all your home buying needs, wants, and goals.
Search New Palm Beach County Homes Under $300,000 Below:
Completed Remodeled Property With A Huge Rental Income, Minutes From The Beach And Downtown Lake Worth. It Features 3 Beds, 2 Baths At The Front House= And A 1 Studio 1 Bath In The Back. New Roof, New Hurricane Proof Windows, New Central Ac Syste...
New Construction Contemporary Open Layout With Optimal Floor Plan That Maximizes Space For Best Use And Comfort. Enjoy Living In A Brand-new Home In Traditional Central Neighborhood Just Minutes Away From Down Town City Place, Beaches, And Airport.
Pre Construction Now. Walls Now Going Up So Don't Miss Out On This Custom Built Brand New Home -at A Pre-construction Price. Now Is The Time To Add You Own Finishes With The Builder. Buyer Can Still Make Selections! 3 Bedroom, 2 Bath With 1,40...
Gorgeous Brand New Construction. Be The First To Come Home To This Beautiful 3 Bedrooms, 2 Baths With Luxurious Granite Kitchen With Custom Wood Cabinets, Stainless Steel Appliances And Pantry. Home Has Tiled Floors In Living Areas, And Carpeted ...
Gloria Singer is the Broker of Boca Expert Realty, a boutique Boca Raton real estate company with a focus on professional service and an unparalleled customer experience. Our select agents are amongst the top performing professionals in the field. Visit www.BocaExpert.com for information on Boca Raton, Delray Beach and Highland Beach real estate and to connect with an expert in the local market.