According to Key Data, the U.S. vacation rental travel sector is looking positive in early 2023, as a significant rise in the number of reservations made online in January spiked, when compared to January 2022.
According to the Miami Association of Realtors, Palm Beach County sold 28,838 total homes (or 79 transactions per day) in 2022.
In comparison to November 2021, Palm Beach County November 2022 residential sales decreased 41.1% year-over-year, from 2,793 to 1,646, because of high mortgage rates and low inventory, says the Miami Association of Realtors.
According to the Miami Association of Realtors, total residential sales compared to October 2021, Palm Beach County area October 2022 transactions decreased 31.4% year-over-year, from 2,809 to 1,927, because of rising mortgage rates and low inventory.
Based on CoreLogic's latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas, consistent evidence of a single-family rental market cooldown follows nearly two years of above-trend rental price hikes.
Posted on October 25, 2022
Posted on October 24, 2022
Posted on October 07, 2022
Posted on September 28, 2022
Posted on July 27, 2022