PALM BEACH GARDENS HOMES FOR SALE ARE DECLINING AS SAVVY BUYERS MAKE DEALS

The number of homes on the market in Palm Beach Gardens has declined by about 25 percent since the beginning of the year as savvy buyers begin to make their purchases. Homes priced under $350,000 are leading the surge in sales.

In January/February there were more than 2000 homes for sale throughout Palm Beach Gardens. Today there are just above 1500 homes on the market, according to the regional Multiple Listing Service.

From January through August 2008 over 700 homes sold in Palm Beach Gardens with more than two-thirds of them priced at or below $350,000.   We believe that first time homebuyers, taking advantage of the $8000 federal tax credit, are largely responsible for many of these sales.

Today of the 1557 homes on the market in Palm Beach Gardens, more than 800 are priced at or below $350,000 so there are still many good deals availabe to home buyers. And there is still time to take advantage of the first time homebuyer tax credit.  The program is scheduled to expire at the end of November, but there is talk that it may be extended.

The Weiss-Clawson Team researches home sales in Palm Beach Gardens and throughout Palm Beach County to provide the most up to date information to our clients.  Please contact The Weiss-Clawson Team directly for information about any community of interest in Palm Beach County.  We look forward to hearing from you and to working with you.

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