The Real Deal Miami

New home construction ramps up in PBC

April 09, 2012 12:45PM

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A Toll Brothers home in Jupiter

Construction of new homes in Palm Beach County could rise up to 20 percent this year, the Sun Sentinel reported. That number, which comes from research firm Metrostudy, would mark an increase over the 949 homes started in 2011. “People are more optimistic and ready to buy,” said Brad Hunter, the South Florida director at Metrostudy. Toll Brothers has been particularly active in the county of late, with projects in cities including Boca Raton, Wellington and Jupiter. “Buyers sitting on the fence for three or four years feel like now is the time to buy,” said Marcie DePlaza, division president for GL Homes, which has also been active in the region. [Sun Sentinel]

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