Homes selling fast in Jupiter, Gardens | www.mypalmbeachpost.com

Residential property values have rebounded in the northern part of Palm Beach County, with the building of new units underway to meet demand. What is encouraging is that areas where values took the largest hit seem to be rebounding the fastest. And there are three large, newly approved or planned projects in the works. Click title for link to the lengthy article.

“Today, a salesperson can’t tell a buyer if the lot they want will be available next week,” McDade [Jim McDade, Florida east coast division president for Toll Brothers] said. “Homes are selling that fast.”
From modest communities of 1970’s-era ranch homes to the exclusive Frenchman’s Harbor where multi-million-dollar mansions have their own deep-water docks, home values and sales in northern Palm Beach County rocketed through 2013 and are expected to climb another 8 percent in some areas this year.
Countywide, values are expected to gain 5.8 percent in 2014.