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West Palm Beach Real Estate Slows Down
West Palm Beach real estate has finally slowed down after riding a up wave of non stop profits. Many homeowners were able to capitalize on the outstanding home appreciation rates they saw from 2002 through 2005. Some local area homes rose as much as 40%.
West Palm Beach Real Estate is finally entering the market of reality. No longer is it feasible to see those types of returns but now alot of investors are stuck holding property they never planned on holding in the first place. Homes, condos, townhomes are sitting on the market sometimes for six to nine months.
There is one company that has expanded from California into Florida as of late. Intero Real Estate Services was founded by Gino Blefari who has more than 23 years of real estate experience. Intero has plans of opening several offices within northern Palm Beach County.
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