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:
New Construction - Completion August 2020. Brand New 3/2/2 Carefully Designed; Split Bedroom With Open Layout, Vaulted Ceilings, Italian Plank Tile, 42'' Custom Cabinetry, Dallas White Stone, Impact Windows, Fenced Backyard, Led Throughout, Tankle...
New Construction Contemporary Open Layout With Optimal Floor Plan That Maximizes Space For Best Use And Comfort. Just Minutes Away From Down Town City Place, Beaches, Construction Specifications: Foundation: Concrete Slab On Grade 3000 Psi. Struc...
Brand New 3/2 Located In The Hearth Of Lake Worth, Fl. Tile Throughout, Granite Counter Top, New Appliances, Large Master Bedroom Don't Let This Opportunity Pass You By. Act Now Before It's Too Late.
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.