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Palm Beach County home prices bounce back in December
Source: Palm Beach Post After a November slump, Palm Beach County home prices bounced back in December. The median price of houses sold this past month was $315,000, up from $300,000 in November, the Realtors Association of the Palm Beaches said Tuesday. The median price was up 5 percent from a year ago, although values…
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Hot and not: Uneven fortunes for Palm Beach County housing market
Source: Palm Beach Post By one measure, at least, Palm Beach County’s housing market is on fire. From late 2015 to late 2016, the county’s home prices jumped 12 percent, the highest appreciation of any metro area in the country, according to a recent study by Ten-X, an online real estate marketplace based in California.…
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As home prices rise, many people can’t find a place they can afford
Source: Palm Beach Post Palm Beach County’s home price rebound is putting the squeeze on affordability. Just 57.7 percent of homes sold in Palm Beach County in the second quarter were affordable to a median-income family, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. That was the lowest level since 2008.…
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Housing bubble crisis: A decade later, where are we now?
Source: Palm Beach Post First came the dizzying boom, a bubble that bestowed overnight riches on anyone fortunate enough to own a home in Palm Beach County. Then came the wrenching crash, a collapse that snatched back the gains and then some. Palm Beach County properties shed billions of dollars of value in a few…
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Palm Beach County No. 1 in country in housing market
Source: WPBF News Not just the temperatures are scorching this July in Palm Beach County – the housing market has just jumped to the No. 1 spot on the top 10 list by online real estate analyst Ten-X. According to the website, “Seasonally adjusted home prices are up 16.8 percent year-over-year, the highest pace in…
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Palm Beach County home prices rise to post-crash high
Source: Palm Beach Post The median price of a house sold in Palm Beach County last month rose to $311,000, the highest level since 2008. The typical sale price was up from April’s median of $307,125, the Realtors Association of the Palm Beaches said Wednesday. Read more…
