Mortgage Rates Near Record Lows While Palm Beach Gardens Area Real Estate Values Remain Stable

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With mortgage rates still among the lowest that they’ve ever been – 4.875% for 30-year fixed-rate mortgages – buyers who have the capital or have good credit will find a wider range of homes available at more competitive prices as compared to 2005 or 2006. David Putnam has recently launched a new interactive real estate website designed to act as a resource for Palm Beach Gardens Area Real Estate information. The timing of the launch is opportune as home sales are rising in the area while home prices and mortgage rates remain low.

smart investors will find that homes here in the Palm Beach Gardens and Jupiter areas have become more accessible over the past few years and this, coupled with record-low mortgage rates, makes for a very favorable climate for buyers

Buyers and sellers looking for information and updates on the Palm Beach Gardens area real estate market now have a new online resource – http://www.oneput.com. Recently launched by respected Realtor David Putnam, the site is a veritable treasure trove of listings, news, and a variety of tools for those planning to sell or purchase Northern Palm Beach County, Martin County, Jupiter and Palm Beach Gardens golf course real estate.

“I am pleased that the site is now ready to be of use to buyers and sellers in the area,” said Putnam, “especially now when the market is offering myriad real estate investment opportunities. While the housing market in general may not be out of the woods yet, smart investors will find that homes here in the Palm Beach Gardens and Jupiter areas have become more accessible over the past few years and this, coupled with record-low mortgage rates, makes for a very favorable climate for buyers.”

Like most markets throughout the country, Palm Beach Gardens and Jupiter had significant price adjustments in the past few years. The median sales price of Palm Beach Gardens, FL homes for sale appears to have stabilized throughout 2009, which has also been the case thus far in 2010. With mortgage rates still among the lowest that they’ve ever been – 4.875% for 30-year fixed-rate mortgages – buyers who have the capital or have good credit will find a wider range of homes available at more competitive prices as compared to 2005 or 2006.

Palm Beach Gardens is widely known for its golf course real estate, something that’s unsurprising since Palm Beach County as a whole is known for being “Florida’s Golf Capital.” The city contains 12 golf courses and is home to the headquarters of the Professional Golfers’ Association of America (PGA).

For more information on properties in Palm Beach Gardens, as well as homes in its surrounding areas, visit David Putnam’s website, http://www.oneput.com.

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