Boca Raton Real Estate News
Boca Raton
Florida Condo Prices Falling as Insurance and HOA Fees Skyrocket
Based on new data from national property broker Redfin, prices of condos in major Florida metros are dropping year-over-year in early 2024, as sales decline. New condo listings inventory is soaring as sellers try to offload their properties.
Greater Palm Beach County Residential Sales Slip in January
Based on new data by the Miami Association of Realtors, Palm Beach County overall residential sales slipped in January 2024.
Greater Palm Beach Area Residential Sales Dip in 2023
Based on new data by the Miami Association of Realtors, total Palm Beach County Florida residential sales decreased 3.3% annually in December 2023, from 1,830 to 1,770 transactions.
Palm Beach Area Total Residential Sales Uptick in November
November transactions came to terms in October when mortgage rates hit a peak of 7.8%, but Palm Beach buyers primarily used cash as all-cash deals accounted for 54.5% of all transactions, which is double the national figure.
