10% rise in home prices points to seller’s market — but for how long?

Source: Palm Beach Post

Palm Beach County’s housing market remains skewed in favor of sellers, although the seller’s market might be easing ever so slightly.

The median price of a single-family house sold in September was $316,000, up only slightly from $315,000 in August — but a hefty 10.9 percent increase from a year ago, the Realtors Association of the Palm Beaches said Thursday.

Read more…