By jtr

June 9, 2007 3:08 PM | Link to this

Why do you keep writing about the island. PB County is suffering bigtime. How about the regular folks, Linda?????????????

By Former Floridian

June 9, 2007 10:51 AM | Link to this

I wonder what all the poor people are doing today?

By Title girl

June 9, 2007 2:33 AM | Link to this

Shame on all of the folks in the real estate market. The realtors that couldn’t find the time to make it to the closing though half an hour after the client was gone they could show up for the check. Of course you are also the person that took that check and put it as a down payment on a home you were going to flip. The economy went to hell and you all pulled your deposits from the developers. Shame on all of you. I am so proud that I have a sister that is fighting not only for the people of our county she is also standing up for all of you jerks that could not finish your jobs and even to this day with the way things are you don’t show up to close the deal.

By MBNY

June 8, 2007 1:33 PM | Link to this

Shows you don’t know the definition of median. A $10-million home carries the same ‘weight’as the $100-grand one.

By tom

June 8, 2007 1:11 PM | Link to this

Abacoa luxury? what are you talking about it is a regular neighborhood with hundred of homes for sale. The Are is dead the town center is dead. Nothing as bad a Wellington but not good

By Jt

June 8, 2007 12:16 PM | Link to this

Well the people who are asking an absorb prices will eventually have to drop there prices, or they just wont sell, look at the market, true example of greediness.

By Heavymetal

June 8, 2007 12:07 PM | Link to this

I’m supposed to be surprised?

For 7 years, the Bush Administration has made sure the very wealthy get richer. While most of PB County is crushed under the weight of taxes, insurance, gas prices….there are more Bentleys on the road, superyachts built for American buyers are at an all time high (and while a 200 footer used to be rare, the rich are building 300 and 400 footers now)….and Palm Beach realtors are having a dream year.

The eventual plan is to have the US economy looking like Mexico….monopolies, corruption, political payoffs… a very few wealthy people making sure they stay that way. Maybe in 20 more years of this Milton Friedman economic circle jerk we’ll be jumping the fence to look for work there.

By JoeC

June 8, 2007 11:12 AM | Link to this

Well Im glad to hear the wealthy people arent losing any money.. God forbid hahaha..

I feel bad for all the people that got suckered into this real estate market but you live and learn people..

By Ghost of a Chance

June 8, 2007 11:08 AM | Link to this

Linda Rawls I think I love you!

By Hello

June 8, 2007 10:27 AM | Link to this

The older homes and homes in bad areas such as wpb and Riviera Beach will see big drops luxury places like Abacoa, etc will always sell reasonably well and at high prices long term. I have a young family and we are going to be here another 4-5 years but we will have to leave after that due to the high cost of living in the mean time I suspect everyone I know to move between now and then due to high costs this area 5 years from now when I leave will be super rich and the poor and criminal types the inbetween middle class will be gone and things will be quite scary for sure.

By Dan Green

June 8, 2007 10:21 AM | Link to this

Am a frequent visitor to Palm Beach Gardens. Lived in Boca for many years. Coming back to PGA National for winters. Concluded, Palm Beach and suburbs, has developed into a have and have not community. Soon if you are not financially affluent it is not for you. Police, fire fighters, school tachers, nurses, etc. Will have to commute to provide much needed services.

By Left SoFla

June 8, 2007 10:05 AM | Link to this

While it is good news that those houses are selling, there are thousands suffering, it’s these people that drive the economy, a few 7 figure home sales will not take care of the problem. The mass exodus is on the way and I can’t see any average Joe family researching SoFla right now and saying “Yeah, let’s move there.”

By IFI

June 8, 2007 9:33 AM | Link to this

More evidence that the median price is inflated by the big luxury houses. The more-affordable houses that most people will buy are dropping in price OR not selling. Just look at any real-estate listing site.