The Real Deal New York

Palm Beach’s resi heat wave

While higher home pricing means fewer investors in the market, more end users are buying
By Erik Bojnansky | November 29, 2015 05:00PM

From the South Florida Market Report: Palm Beach County’s residential real estate sector is heating up, thanks in part to banks’ willingness to issue loans again after a reduction in the number of distressed properties in the area.

The Realtors Association of the Palm Beaches reported that single-family homes were selling faster and at higher prices in this year’s second quarter compared with the same period in 2014. [more]