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Wellington, Royal Palm Beach, Loxahatchee market relief coming

March 31, 2017 Category  Real Estate

As predicted, new construction is booming again and particularly in the Western Communities where it is sorely needed. The addition of several new Single Family Home and Townhome communities should relieve some of the tightness of both the rental and sale markets we’ve been seeing the past few years.  Most of these new projects seem to be focused on attracting first time home buyers and young families with their moderate pricing, family friendly amenities and builder incentives. With interest rates still at a record low, homeownership will once again be an attainable goal. Just some of the many projects that are underway include the much anticipated 1200 acre nature themed Arden in Loxahatchee. This project will have over 2000 single family homes and a working farm once completed. In Royal Palm Beach two townhome communities, Greyson and Parc Central at Cypress as well as the single family home community of Bella Sera will be added to the city’s inventory. Wellington’s newest project will be the affordable townhome community of Binks Pointe which will require buyers here to make this their primary residence. Several new communities are being offered in West Lake Worth. Cypress Royale, a single family home community and The Fields, comprised of townhomes and single families are the two newest to break ground. For updates on pricing and availability visit our New Construction pages by county then city by clicking the “Browse New Construction” tab on our home page.

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