Category Archives: Delray News

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January 2023 Palm Beach County Market Update

January 2023 Palm Beach County Market Update
"Inventory continues to rise with 4,202 active listings, up 143.3% and with 3.4 months supply of inventory,” says Chris Krzemien, President of Broward, Palm Beaches & St. Lucie Realtors®. “We are harnessing the increasing inventory and are hosting a weekend event on February 25th and 26th called 'Open House Weekend.' Since Buyers have more options,…
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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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Zillow now Teaming up with iBuyer Opendoor

Zillow now Teaming up with iBuyer Opendoor
Now when you go on Zillow, you will have an option to get an offer from Opendoor as they are now teaming up with Zillow. So it's safe to say that Zillow is back in the buying of homes market. Zillow used to have their own buying program a year or so ago, but it…
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