While many people have discussed the downturn in the Palm Beach florida real estate market heavily in the past year in a negative way, I feel the market is finally settling down and in a position to really be a great investment area again. The location is wonderful and there really is nothing like living in sunny South Florida right next to the Beach. With the baby boomers beginning retirement the population is only going to increase and where do you think they want to retire. And as a bonus, the Job outlook is only getting better, with the new Scripps Jupiter location, Max Plank institute and all of the new retail in Palm Beach Gardens.
And that said, I'm not the only one who thinks this. Entrepreneur magazine just did a great article on the Best places to buy and bet to avoid. Palm Beach is on the list of best to BUY!
Funny thing is, Miami made the list of areas to avoid. Not really surprising, since they way overbuilt and the Job outlook isn't as good.
Here's the article, it's a pretty good read for all the investors and vacation buyers looking for good real estate destinations: