Quest Magazine October 2020

Page 77

PA L M B E A C H

PA L M B E A C H

PA L M B E A C H

R E A L E S TAT E

PA L M B E A C H

PA L M B E A C H

PA L M B E A C H

LIZA PULITZER & WHITNEY MCGURK Brown Harris Stevens / 561.373.0666 / lpulitzer@bhsusa.com & wmcgurk@bhsusa.com

CO U RTE S Y O F B RO W N H A R R I S S TE V E N S

Q: What’s selling in Palm Beach? A: We had a very strong summer of sales. Single family homes are the primary focus of buyers. They want their own private home with a pool and outdoor living spaces. Inventory for single family homes are at historically low numbers with very high demand. When a new home comes to market, they tend to go under contract very quickly. Q: How will fall in Palm Beach differ this year from past seasons? A: We suspect fall will be somewhat of typical fall in Palm Beach with residents trickling in and getting ready for the season. The difference being that there will be more and more residents in combination with a slew of new buyers looking. As agents, we will need to be more creative than ever in finding the right properties for clients due to the low inventory. Q: With more people working remotely than ever before, why are people choosing Palm Beach are their “work from home” destination? A: Palm Beach has proven to be an ideal location for work-

ing remotely. With the sun shining most of the time and our year-round warm weather, taking conference calls in an outdoor living room by the pool sure does beat being stuck in a high-rise apartment building in the middle of winter. Q: What advice do you have for buyers and sellers? A: If you find something you like, don’t wait. There are so many buyers and renters out there looking for the same thing that opportunities are few and far between so being timely is critical. Q: Anything else we should know about the market? A: We are hopeful that the pandemic and its effect on the world will start to subside this season but feel the real estate market here will continue to have increased interest.

4 Golfview Road in Palm Beach; $10,900,000.

OCTOBER 2020 75


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