Juno Beach Inventory Level Remains Near 12 Month Lows
By Tom Priester, Paradise Sharks
(Paradise Sharks )
Welcome to the New Year of 2011. It should be an another amazing year for the local real estate markets and we look forward to bringing you the latest market statistics. Following the inventory levels is extremely important as it is the “supply” end of the equation that tells us where prices may be heading. As the supply of homes decreases and demand stays even we will see pricing increases. Tune in next week to see where prices have gone over the past year and you might be surprised. The Juno Beach Net Inventory Index increased during December for the third month in a row but each of these increases were very modest and we are still very close to 12 month lows. The net inventory of real estate currently for sale on our local Multiple Listing Service (MLS) in Juno Beach has ranged...