As I speak with many customers around the world I see that many of them only have information that they get from their local news station which quite often does not paint an accurate picture of what the market is currently like here in Boca Raton.
The problem is that when a local news station does a story on real estate in South Florida they usually are talking about Miami or West Palm Beach and people hearing it do not realize that those two markets are very different than Boca Raton and many other South Florida communities.
We don't have empty buildings here where half the building has stopped making their maintenance payments and we don't have beautiful buildings that have turned into rental communities because of the numbers of investor owned units.
The Boca Raton area is very stable mainly because we were not saturated with many new buildings being built at the same time. West Palm Beach and the Miami area will recover but on a much different time frame than Boca Raton where the market appears to be getting busy.
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