February 2021 real estate market statisticsNewly 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 February 2021. Read on to learn more about the real estate market in South Palm Beach County

Economic Indicators

Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels. Interest rates may rise a bit further in coming weeks, but according to Freddie Mac chief economist Sam Khater, “while there are multiple temporary factors driving up rates, the underlying economic fundamentals point to rates remaining in the low 3 percent range for the year.” With rates still at historically low levels, home sales are unlikely to be significantly impacted,…

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 Sold! A Beautiful 4BR Townhouse at 4260 NE 5th Avenue, Boca Raton 

Sold Price: $515,000.00

I had the pleasure of representing the buyers of this gorgeous East Boca Raton corner townhouse. Fully renovated, private backyard, and super close to the beach, this home offers so much. 4 bed, 3 full-bath home. 2,197sf of under-air living space, 2-car garage with room for 4 cars on the driveway.

For more information about East Boca or any other communities in the Boca Raton, Delray Beach, and Boynton Beach areas contact:

Tov Charm 
(561) 288-0868 
Tov@bocaexpert.com

 

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