Housing Market Appears To Be Stabilizing After Years Of Volatility

Housing Market Appears To Be Stabilizing After Years Of Volatility

That might be good advice for Palm Beach homebuyers and sellers this season, who will encounter a market that has steadily regained its footing in the years since the Great Recession ended. That milestone three years ago ushered in a mad flurry of sales activity driven by pent-up demand, increasingly limited housing inventory and escalating prices.

As the dust of the recovery settles, the overall sales picture is likely to be a little more stable this season, in part because homebuyers and sellers have learned what to expect in a competitive market still grappling with relatively low inventory. That theme emerged repeatedly in recent conversations with real estate brokers and agents on the island.


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Phone: 561-951-3759
Dated: August 4th 2016
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