Housing Market Rallies in South Florida

In areas such as Palm Beach, housing prices, new home permitting, and employment are on the rise. As a result, South Florida is now considered one of the most improved areas in terms of showing economic recovery. Out of 98 markets nationally showing improvement, 7 of those markets were in South Florida.

While this is good news, some economists and real estate analysts are more reserved, saying that improvements to the South Florida housing market will be slow as the economy continues to become more stabilized.

[Palm Beach Post].