Submitted by Naomi M on Thu, 10/11/2007 - 01:47.
Palm Beach County Florida glutted with properties for sale
There were 33,708 houses and condos listed for sale in Palm Beach County in August, according to Illustrated Properties Real Estate's analysis of Multiple Listing Service data.
That’s a 40-month supply of homes, likely an all-time high. So long as the supply of homes for sale outpaces demand from buyers, prices will continue to decline.
That’s a 40-month supply of homes, likely an all-time high. So long as the supply of homes for sale outpaces demand from buyers, prices will continue to decline.
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