West Palm Beach Real Estate News
West Palm Beach
Investor Condo Purchases in U.S. Fall to 10 Year Low in 2025
After years of volatile swings in real estate activity during and after the pandemic, U.S. property investors appear to be returning to more measured behavior. According to new data released by Redfin, investors purchased 46,726 homes in the first quarter of 2025--a modest 2% increase from a year ago--signaling a stabilization of investor activity in the residential market.
U.S. Vacation Home Sales Fall to Lowest Level Since 2018
A new Redfin report reveals that American appetite for vacation homes has continued its steady decline, reaching the lowest point in at least six years.
Greater Palm Beach Area Residential Sales Rise in Early 2025
According to the Miami Association of Realtors, total home and condo sales in Palm Beach County saw a year-over-year increase in January 2025. Residential sales rose by 3.3%, climbing from 1,444 to 1,491 transactions.
Governor DeSantis Supports Ending Property Taxes in Florida
Florida Gov. Ron DeSantis recently voiced his support for eliminating property taxes in his state, a move that would make Florida the first state in the nation to do so if successful. However, critics argue that property taxes are a crucial funding source for local governments.
