Speaker 1: Any sign for your true real estate nine one one
Speaker 1: midweek update with your local real estate pro Lisa True Lisa,
Speaker 1: I'd imagine going into the independency week and got a
Speaker 1: lot of people that are thinking about real estate. If
Speaker 1: what's going on in Palm Beach County is Palm Beach County.
Speaker 2: Hot or not? Well, that's a very interesting question and
Speaker 2: one that's on everybody's mind. And the answer really is
Speaker 2: it depends. It depends on the city, the neighborhood, and
Speaker 2: the type of property. We're speaking about some neighborhoods. Some
Speaker 2: cities are starting to see renewed interest, prices going up
Speaker 2: again and new listings dropping, which is helping with the
Speaker 2: inventory in that area. However, there are some subdivisions, some
Speaker 2: neighborhoods that are seeing the exact opposite, especially where there's
Speaker 2: builders competing with them. We're seeing some neighborhoods single family
Speaker 2: homes with ten to twelve months of inventory. It's a
Speaker 2: real challenge for those owners.
Speaker 1: Lisa. Another catalyst that's out there the New York the
Speaker 1: oral situation. I'm reading articles every single day that you
Speaker 1: had New Yorkers that were on the fence that are
Speaker 1: now looking in the Palm Beaches.
Speaker 2: Yes. We The next morning started seeing our New York
Speaker 2: website activity increase. My phone started ringing, and the message
Speaker 2: that they were telling me, which I've shared on our
Speaker 2: Instagram account, is this is the final straw. They realized
Speaker 2: they need to move when it hits national news that
Speaker 2: before you leave to go to Palm Beach, which is
Speaker 2: what they're saying nationally, We're going to come after your asset.
Speaker 2: It's causing New Yorkers to want to come now. That
Speaker 2: doesn't mean that it's going to fix everything. It's certainly
Speaker 2: going to help in the luxury market. It's certainly going
Speaker 2: to help in the condo market.
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