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Updated almost 9 years ago,
Palm beach county market
Hi everyone,
I have an off topic question I'm looking for feedback on. My husband and I recently moved from the Orlando area (we are renting out our house there) to the Jupiter area (Palm beach county). We are still learning the market here but it seems a little crazy to me. Prices seem to be climbing very quickly (12%+ in the last 4-6 months). We are looking to buy a home here but not sure if we should wait a little while and see if a dip happens or jump now before they climb even higher. I've spokes to a few realtors and they say the climb is here to stay as they have a lot of cash buyers (in the 4-600k range) and also wages have stabilized and demand is high.
I'm just looking for feedback on investors familiar with the area, what are your thoughts and predictions for this year?
Thank you!
Amber