call 800-999-6608 or visit www.HomePropertyManagement.com to learn more about “Palm Beach County Florida Real Estate Market Trends” Investor opportunities abound in our market. For more information, or to speak with our broker Todd Breen, dial 800-999-6608 ext 309 or email him at broker@624home.com. “Palm Beach County Florida Real Estate Market Trends” is published monthly at our blog www.homepropertymanagement.com Subscribe to make sure you get the latest reports delivered to you. What are ‘Lender-Mediated” Properties? Short sales and bank foreclosure sales — as opposed to ‘traditional’ home sales by a seller who is not in trouble! And the supply of Lender-Mediated Properties has fallen DRAMATICALLY this year. Why? Prices have fallen to levels locals can afford to pay Historic low interest rates means locals can afford to borrow Historic low value of the US dollar attracts foreign investors How much have inventory levels of Palm Beach County foreclosure and short sale listings fallen? Almost 60% in the past year! Will prices continue to decline? Once the inventory levels off we’ll know better, but these are very good signs that the market is stabilizing. Remember the old saying “Sell when others are buying, and buy when others are selling”? I advised our investor clients to sell at the peak of the boom back in January of 2005. Those who sold then were glad they did! In the six years since then, I’ve been watching the Florida Real Estate market correct itself, and …
Welcome to the Future of Real Estate. This update focuses on the SW Florida real estate market in April 2011 presented by the Ellis Team at RE/MAX realty Group in Fort Myers Florida www.topagent.com 239-489-4042
Tags: 2011, Beach, County, Estate, Florida, Home, June, Management, Market, Palm, Property, Real, Trends
