On Tuesday, February 28th, Jupiter Tequesta Hobe Sound Council of the Miami Association of Realtors hosted an event for Realtors to discuss market trends and local industry experts shared how these trends impact us here in North Palm Beach County. The 3 main trends were the following:
1) Population Growth – Palm Beach County is projected to have a 6% growth in the next 5 years and the fastest growth is happening in Jupiter, Lake Worth, Boynton Beach and Palm Beach Gardens.
2) The President Factor – Miami real estate analyst Anthony Graziano mentioned in the meeting that, “For better or worse, Palm Beach gets a Trump bump.” President Donald Trump’s frequent visits to Mar-a-Lago focus the world’s attention on Palm Beach and for the Real Estate market, this is free marketing for our area.
3) Home Prices – Compared to other big-city markets, Palm Beach County homes are still affordable.
So, what does this mean for you? Now is a great time to sell! We have more people looking for homes in our area than ever before and the projections show that it will only increase. If you have been considering selling your home, or would be interested in seeing what your home would be worth, we would love an opportunity to share that information with you and answer any questions you have. Our experience and knowledge come at no charge to you.
Article Source: Palm Beach Post; http://tinyurl.com/hmg9q2j