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Jupiter Home Inventory Critical as "Season" Arrives
We need new listings to meet demand October has arrived in paradise. Fall is in the air. The news came yesterday that a Tiger Woods restaurant will soon be open in Jupiter. The 2014-2015 season kicks off and it is going to be busier around here than we have ever seen. People are going to want to buy real estate. The Northern Palm Beaches are sought after. But this year we have a problem as frankly there just isn't much to buy.Each month at this time we bring you up to date on the latest Jupiter home inventory numbers and those of the neighboring communities making up this slice of paradise. As of today, there is once again less inventory than we reported a month ago. Down less than 1% over the past 30 days but more ground has been lost over the past two weeks and we are now at a brand new 12 month low. And our winter visitors will soon be here hitting the beach.The overall economy is looking OK and if this pattern holds watch out for higher home prices. When Jupiter home inventory drops and demand strengthens there is only one way for them to go. Median ... more

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