Jupiter Fl homes

Jupiter Home Report

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Jupiter home sales rise to 61 home sales this week. In this months Money magazine they address the shortage of inventory in many popular sunbelt areas including Florida. The three states of CA, NV and AZ had the highest year over year rise in prices in the country. The Northeast had the lowest year over year rise. We all know that as baby boomers start thinking about  retirement we are seeing them moving South in record numbers. Places like South Carolina, GA and Florida are receiving the bulk of the soon to be retirees. Most buyers are not retired yet but are looking to purchase as they continue to see rising prices and they want to get in before they are priced out of the market here. Start you search for Jupiter condos

Many are waiting for their home to go up in value but the problem is our prices are rising faster than the prices in the Northeast where many are coming from. Even if you are losing money on your home up North the spread continues to widen as prices here are rising faster than prices up there for the most part. 

Here are a few quick lines from Money magazine that I thought may interest you.

 Jupiter waterfront homes

Home prices are still surging, but the pace of the gains has steadied as interest rates continue to rise.

Prices for homes in the nation's 20 largest cities in June rose 12.1% over the last year, according to a report Tuesday from S&P/Case-Shiller home price index.

U.S. home prices are now at early 2004 levels -- still 23% below their peak in mid-2006. Remember 2006 prices were just plain crazy!

With all this news home sales continue to rise and prices push upwards not only here in Jupiter but other parts of the country as well. If you want to start looking for homes in Jupiter please visit our websites.

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