The average 30-year fixed mortgage interest rate in Palm Beach Gardens, West Palm Beach and throughout Palm Beach County dipped below six percent this week for the first time in many months.
Coming in at 5.98 percent, the average rate for a 30-year fixed loan should be enticing to prospective homebuyers.
The supply of homes is still high forcing prices to remain depressed. Palm Beach County has about 26,000 homes for sale, slighly less than last month, but still sufficient to provide buyers with incredible choices. Palm Beach Gardens has about 1600 homes for sale, also down slighly from last month.
The combination of low interest rates, many homes on the market and increasing numbers of foreclosures and short sales has made this an outstanding time to buy a home in Palm Beach Gardens, West Palm Beach, Jupiter, Juno Beach or throughout Palm Beach County.
Ironhorse Country Club has 28 homes on the market, ranging in price from the low $300,000's up to $2 million.
Steeplechase has 20 homes on the market from the mid $600,000's to nearly $3 million.
Ibis Country Club has 181 homes on the market from the high $200,000's up into the millions.
Mirasol and Mirabella have 132 homes on the market from the mid $300,000's up into the millions.
BallenIsles has 102 homes on the market ranging from the low $400,000's up into the millions.
The Weiss-Clawson Team is knowledgeable about most Palm Beach Gardens communities and will provide its clients with up to date market based information about sales in any community throughout Palm Beach Gardens or Palm Beach County.
Please contact us directly for your real estate needs. We look forward to hearing from you and to working with you.
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