Economists, real estate agents and industry leaders have all predicted that a busy summer market will make up for the decrease in real estate activity in spring caused by Covid-19. Many markets that can meet
buyer's current needs have seen this uptick in activity. Suburbs like The Hamptons and Lake Tahoe are seeing an influx of new residents that need more space than their respective cities can offer.
Tax-havens like Florida and Texas are also seeing the same boost in activity as the draws of city life such as fine dining and worldly entertainment fade away while the premium price remains.
We are seeing this increase in activity in the local Boca Raton and Delray Beach markets. In July, we closed eleven sales to total over $8.5M. We've rounded them up below: