FAU Warns: Bidding Wars Hurt Boca Raton, Delray Beach Housing Affordability

STUDY: Palm Beach County Real Estate Remains Significantly Overpriced BOCA RATON, FL (BocaNewsNow.com) (Source: FAU College of Business Advisory Verbatim) — South Florida homes remain significantly overpriced but not as much as they were during the summer, according to a study from researchers at Florida Atlantic and Florida International universities.  Miami-Dade County is 18.51 percent above its […]

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Florida News

REAL ESTATE WARNING: FAU Professor Says U.S. Housing Market Peaking, South Florida Overvalued

“You don’t want to be the last person to buy at the peak of the market.” BOCA RATON, FL (BocaNewsNow.com) (Source: FAU College of Business, Verbatim) — Motivated by mortgage rates near historic lows and a persistent shortage of homes for sale that’s steadily driving up prices, many middle-income consumers want to buy before values […]

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Area Foreclosures Both Up And Down

BOCA RATON, FL (BocaNewsNow.com) — Area foreclosures are up from last month but down from a year ago, suggesting a recovery — albeit a slow recovery — is in effect in Palm Beach County. From Palm Beach County Clerk of Court Sharon Bock: There were more new foreclosures cases in March than in February, but […]

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