Home Prices in Florida are on the Rebound

After six years home prices seem to be rising in Palm Beach County. Almost one-half of the communities in the county have reported an increase in prices over the last several months. The prices have risen due to a lack of inventory and mortgage interest rates that have reached near record lows.  Most well priced homes in Palm Beach County will have multiple offers within a few days of having been listed.  This means that the average buyer will be competing with others when trying to purchase a home.  Also, many investors are back in the market and are purchasing homes with cash.  Cash buyers make the competition even tougher.  With competition being so tough it’s more important than ever to have a qualified expert on your side.  If you or anyone you know is interested in buying or selling a home contact me today! I will help you through the process. www.lakeworthhomes.com

 

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