Category Archives: Boynton News

October 2023 Market Update Palm Beach County

October 2023 Market Update Palm Beach County
The October 2023 Market Update for Palm Beach County shows an 11.4% increase in new listings, totaling 1,757, and a 12.5% rise in the months' supply of inventory to 3.6 months, compared to the previous year. The county also saw a 3.5% increase in closed sales, with 1,086 transactions and 4,224 active listings, as reported…
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January 2023 Palm Beach County Market Update

January 2023 Palm Beach County Market Update
According to Chris Krzemien, President of Broward, Palm Beaches & St. Lucie Realtors®, the inventory in Palm Beach County continues to surge, with an impressive 143.3% increase, resulting in 4,202 active listings. Additionally, the county currently has a supply of inventory that amounts to 3.4 months. In response to the growing inventory and to maximize…
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Half of Homes Sold Give Concessions

Half of Homes Sold Give Concessions
Updated Homes Sell Faster Nearly half of all home sales in the past three months included seller concessions, according to the latest Redfin report. Although, according to Barry Frette, Realtor in Delray Beach, updated properties that are priced to sell move quickly with no concessions or very little concessions. Frette says, "Palm Beach County is a…
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New Florida Condominium Legislation

https://youtu.be/63_cILTi9cY Florida Condo Reform Bill passes. What does this mean? Condo Associations cannot exempt themselves from having reserves starting on December 31, 2024. Prepare for assessments! These reforms have already been signed into law by Florida's Governor on May 27th, 2022. Creates a statewide "milestone inspection" requirement for condominiums and cooperative buildings that are three…
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