Recent Posts by Barry Frette

Rental prices in Florida are gradually decreasing

Rental prices in Florida are gradually decreasing amid an unprecedented influx of new residents. Rent costs in Florida saw a significant year-over-year decline of 9.21% in January 2023, with an average monthly rent of $2,095, still higher than the national median of $1,964. While cities like Jacksonville experienced rent increases, others like Orlando and Miami…
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January 2024 Market Update Palm Beach County

January 2024 Market Update for Palm Beach County Shows Rise in Available Inventory Palm Beach County experienced a notable increase in inventory, up by 16.6% from January 2023, totaling 4,900 active listings. New listings also rose by 12.9% to 1,904 from 1,687 last year. The median sale price in January increased by 5.6% to $615,000.…
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2023 Year End Market Report & December Numbers

Hot off the press! The 2023 Year End Market Report & December Numbers from Florida Realtors® are now available, providing an in-depth look at Palm Beach County's real estate trends. These reports offer a comparative analysis of year-over-year data, focusing specifically on single-family home statistics. In 2023, Palm Beach County experienced a notable increase in…
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Modest Increase in Home Listings Sparked by Mortgage Rate Decline

Modest Increase in Home Listings The recent decrease in mortgage rates has led to more homeowners listing their properties, yet the modest increase in home listings is still not enough to bring the housing market's inventory back to pre-pandemic levels. Active listings in the U.S. rose by 4.9% in December year-over-year, with a significant 9.1%…
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