There isn't a city in the country that's immune from political squabbles or poorly managed projects— Lake Worth, sorry to say, is not unique. But what's gone unnoticed by many is the City of Lake Worth has become hot news in the world of real estate. Many, including retirees and Millennials, are attracted to our coastal location next to Palm Beach (33480) and the Atlantic Ocean. The cities West Palm Beach is to the immediate north of us and Delray Beach is only a few minutes south. You couldn't find a more perfect city to settle down in.
The Palm Beach Post, Palm Beach County's paper of record, has referenced NeighborhoodScout on several occasions so we can count on this data as verifiable and trustworthy.
And solid logic it is. The Palm Beach Post is the go-to source for news on real estate here in Palm Beach County.
Here is an excerpt about the real estate market in Lake Worth, FL from the good folks at NeighborhoodScout:
Appreciation rates are so strong in Lake Worth that despite a nationwide downturn in the housing market, Lake Worth real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lake Worth appreciation rates continue to be some of the highest in America, at 12.31%, which is higher than appreciation rates in 95.92% of the cities and towns in the nation.
Please share this information with your friends and family up North considering purchasing a home or investing in Florida. Click here for more information about the City of Lake Worth.
Enjoy this video of our charming little historic City that recently celebrated our Centennial: