This is the team to turn to for all your real estate needs! Amy and Noreen go above and beyond for ALL their clients. We moved from North Florida and had small windows to look at home when we were in town, they made themselves available and took care of everything so stress wasn’t an issue. I recommend them 100%.
– Tessa Pompeo
Amy and Noreen came highly recommended ,and after working with them to buy my retirement home, I can see why! They are everything you could possibly hope for in realtors. Their compassion, understanding and patience during the, sometimes difficult, process of purchasing a home truly inspires.
– Sandi Linebarier
Amy and Noreen are the dream team of Delray Beach and a dream to work with. They have and continue to go above and beyond with every detail of our buying process and even now after the fact they continue to be of assistance with any question or needs that comes up. They made the entire process fun even in trying times and from a distance. I would highly recommend them!
-Erin
Amy and Noreen took a lot of time to show us many condos in Highland Beach and Delray Beach. We bought a condo in Lavers and are going to see the condo this week. We bought with doing virtual tours because we trust these ladies. They took care of everything and we settled on July 23. It all went pretty smoothly because of Amy and Noreen.
– Ronnie Schroeder
It is a fact that there is a serious shortage of single family homes listed in Palm Beach County. In my many years in this industry I don’t recall ever seeing this strong of a seller’s market . If you will recall in months past, I shared with you that one way we evaluate a market is based upon inventory (or as some people call it consumption), further than 6-9 months of Inventory is considered a balanced market, under 6 is a Sellers Market and Over 9 is a Buyers market. When analyzing various market segments, we were amazed to see just how low the number of months of inventory actually is in Palm Beach County
Sales Price
$300 – $400,000 2 Months of Inventory Seller’s Market
$400 – $599,000 3 Months of Inventory Seller’s Market
$600 – $999,999 5 Months of Inventory Seller’s Market
$1,000,000 + 7 Months of Inventory Balanced Market
As we’ve recently shared, we started 2020 with over 19 months of inventory in the $1,000,000+ market.
To clarify, the above is specific for Palm Beach County and we should also state that we do see pockets of communities that tell a different story as some communities have stricter Covid showing requirements and certain buyer populations are not seeing homes in person due to Covid either.
What is absolutely amazing that if August results are as strong as July (which we fully expect them to be), then it is probable that we will be trending ahead of last years numbers. Low interest rates coupled with low inventory are making for the perfect storm to bring in a buyers frenzy on many homes.
July provided the highest number of new listings since before our shut down but as you can see above, we still need more inventory in our market.
Buyers are able to buy more home due to the interest rate – unfortunately (or fortunately for the sellers) the buyers you are competing for are also in the same position and currently we have more buyers than sellers.
So Seller’s; is this a good time to sell? Yes! This is the perfect time to get on market and sell your home – in fact, Palm Beach County could really use your home on the market as buyers need more options.
