Palm Beach County Real Estate Update

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Here’s the October 2015 Palm Beach County real estate market update from the Realtor’s Association of the Palm Beaches, which compares this year to last year.  This is the first month since March 2014 that we have seen a decrease in closed home sales.  Home inventory is still down compared to last year, but it has been growing each month for the past four months.  If it continues to increase each month, the market will balance out and will no longer favor sellers.