Florida real estate agent and local short sale expert Jeff Tricoli says economic indicators appear to be showing more activity in the Palm Beach, Florida market.
Tricoli says economic indicators are showing more activity in the Palm Beach, Florida real estate market
Online PR News – 13-March-2013 –PALM BEACH, Fla. - Florida real estate agent and local short sale expert Jeff Tricoli says economic indicators appear to be showing more activity in the Palm Beach, Florida market.
Tricoli says continued tightening of new and existing home inventory in the area and rising prices compared to last year are bringing more sellers into the Palm Beach real estate market.
"We're seeing steady price increases due to the fact that there are just not enough homes available on the market to meet demand."
He says bank owned inventory also appears to be tightening, unlike last year when homes offered for sale by banks put a greater amount of price pressure on private sellers.
"Banks have certainly been a driving force in the market for the past couple of years, but we're seeing a move away from that trend."
According to Tricoli, short sales are still fairly common, but are not placing significant pricing pressure on the market.
"There is a steady flow of short sales coming on the market as the economy takes its toll and owners try to avoid foreclosure, but short sales are not overwhelming the market as in previous years."
About Jeff Tricoli
Born and raised in Palm Beach county, Jeff obtained his undergraduate and Master’s degree from Florida Atlantic University. He has been in real estate for over 10 years, and is an expert in short sales, foreclosures, and REO properties.
Jeff regularly handles investment property transactions for both investors and sellers, providing experienced advice for owners selling their home. He brings expert marketing skills as a sellers’ agent, and is a tireless buyers’ agent, listening closely to clients’ needs to find the perfect property for their needs and lifestyle.
Jeff services all of Palm Beach County, Florida, especially West Palm Beach, Lake Worth, Lantana, Wellington, Royal Palm Beach, Boynton Beach, Palm Beach Gardens, and Jupiter.
Jeff Tricoli REALTOR®
Keller Williams Realty
Palm Beach Central
2994 Jog Rd.
Lake Worth, FL 33467