THAIFLOWERS

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Palm Beach real estate has always been in demand, and even during Florida’s real estate slump of 2009, it was the last market to feel the pinch and is now the first to jump back in, with strong numbers for both single-family and condominiums for sale. Based on figures reported in the Palm Beach Post, in 2010 single-family home purchases were up 40 percent and condominium sales grew 35 percent. Based on real estate trends, the market is expected to continue to climb throughout this year and into 2012. Homes and condominiums for sale in Palm Beach continue to outpace the national average, and that’s a trend that’s on the upswing.

Palm Beach is a unique market, one that has stood the test of time through all economic cycles. Area real estate is a market that will always thrive. The luxury market in the area surrounding it have 65 percent of the world’s wealth, not just this country’s wealth. With the top-tier of affluent buyers from around the globe looking for real estate investments in Singer Island, that creates a one-of-a-kind marketplace.