Tuesday, April 16, 2019 / by Carl Gentile
Luxury Real Estate Market Update
The Palm Beaches - April 2019
March results are in and 2019 is off to a strong start. The number of sold properties has almost doubled since February along with the median sales price! Mortgage rates have settled from a shaky start in 2019 and are at industry low levels once again! Cheap money makes buying your dream home much more realistic! Although a drop in active inventory once again plays a factor in rising prices, as the simple premise of supply and demand comes into play for a third time over the past 12 months in price hikes.