For decades, Palm Beach County’s market for oceanfront mansions opened in the winter and closed in the summer. That’s changed, says Bill Yahn, regional senior vice president at Corcoran Group.
“Now some of our best months are July and August,” Yahn says.
As evidence, he points to this summer’s record-breaking sale of a Manalapan mansion.
Buyers shop in the summer in part because they think less competition means lower prices.
“I’m not sure at the end of the day they get a better deal,” Yahn says.
Source: Palm Beach Post
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