Town-wide, total dollar sales volume of single-family homes and condos/co-ops increased $73,988,994 (+10.86%) from $680,942,681 in 2010 to $754,931,675 in 2011, according to The Evans Report: Fourth Quarter 2011, which includes the 2011 year-end review.
It’s no secret that international buyers are purchasing real estate in the United States. [Read Wall Street Journal Report] The trend is continuing. Of the approximately $1.07 trillion in existing-home sales between March 2010 and March 2011, approximate $41 billion dollars-worth were purchased by international buyers.*
Home purchases in the Town of Palm Beach have always had an international flair. It’s a cosmopolitan destination. Town of Palm Beach Property is a news and marketing site for sellers in town and for international buyers throughout the world.
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