Jan 2020 market statsNewly released market statistics from Florida Realtors® are in, showing recent real estate market activity in our area. The reports compare year over year data for January 2020. Read on to learn more about the real estate market in South Palm Beach County:

Economic Indicators

For 2020, The National Association of REALTORS® Chief Economist Lawrence Yun sees good news for home prices. “National median home price growth is in no danger of falling due to inventory shortages and will rise by 4%,” the long-term NAR economist predicts. He is also expecting the new-home construction market sales to increase 10%. Yun and others would like to see home builders bring more affordable units to market to help ease shortages and slow price gains in that segment.
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Live it up in this jewel of a condo nestled between the Atlantic Ocean and the Intracoastal. The seller has remodeled the whole place in beautiful ocean blues. Both bedrooms are ensuite with contemporary artsy finishings and decor. The kitchen is modern and sleek boasting stainless steel appliances, wet bar, and quartz countertops.

This bright and airy condo features upgrades that include high-end speaker systems, built-in shelves, built-in walk-in closets, and engineered wood floors in bedrooms and living areas. Enjoy your morning coffee from a private balcony with partial views of both the Atlantic Ocean and the Intracoastal Waterway.

Port De Mer is currently updating and improving its Lobby, club room, hallways, and elevators.  

Port…

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