Palm Beach Real Estate News
Palm Beach
Greater Palm Beach County Home Sales Slide 32 Percent Annually in July
The Miami Association of Realtors recently reported that Palm Beach County Florida's total home sales in July 2022 decreased year-over-year when compared to last summer. July 2022 sales were down year-over-year, from 3,315 to 2,222.
U.S. Tenants Gravitating to Higher Quality Offices in Response to Hybrid Work
According to global property consultant CBRE, there is a "flight to quality" playing out across 12 major U.S. markets as office-using companies adapt their workplaces for hybrid work.
Condo Sales Dive 24 Percent Annually in Palm Beach County
South Florida Realtors are reporting this week that Palm Beach County condo sales dove while luxury single-family home sales increased year-over-year as more single-family home inventory arrived in May 2022.
U.S. Housing Industry Reacts to Fed's Historic Rate Hike
Today's announcement by the Federal Reserve set a big increase in interest rates and means several more rounds of rate hikes are on the way in upcoming months.
