From Kimberly Miller at the Real Time blog (click title for link), we have this new information about the real estate market in Palm Beach County:
The third quarter report from Royal Palm Beach-based Metro study shows new home starts in South Florida slowed some since the second quarter, but were still up 3.6 percent from last year.
[Later]
Palm Beach [County]: Quarterly housing starts in Palm Beach County are down 22% from the previous quarter and are off 5.5% from 3Q14. Closings were off 6% from the previous quarter, and are down 2.5% from 3Q13. Finished, vacant inventory remains exceptionally low at only 1.2 months of supply.
It might be the lack of supply of quality listing is pulling down sales.
![Dr. W. H. Cotton’s ode: “Oh, My Lake Worth, Florida!” [circa 1920].](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUL75cv6zJQFjX15ojOIIz9AjnbqH4asHJTYSDhnGnYr7rJZRha1NcNTirj2xPcId158vkz5Hw-wXgOfrlztj8Zr8jLFFCfuEN6PyV44ZlpMRmJ68xbtFL9vzxNiG7xDs_HJvm/s1600/LakeWorthPioneers.JPG)
