Wednesday, July 22, 2015

Did you buy a house in the City of Lake Worth in January 2012?

If you did then you made a very good decision. Jeff Ostrowski at The Palm Beach Post has a very short item explaining why; here is an excerpt:
     The company [Zillow] crunched the numbers on rebounding housing markets and determined that Palm Beach County’s luckiest homeowners live in modest homes in Lantana — provided they bought in January 2012.
     Zillow looked at through-to-today trends. Lantana’s low point came in January 2012, when the typical house cost $84,200. Now it’s worth $148,900, a 77 percent jump.
     Other fortunate homeowners are in unincorporated Lake Worth (up 74 percent), the city of Lake Worth (also up 74 percent), Lake Park (up 73 percent) and Greenacres (up 73 percent).