New U.S. Home Sales Rose by 11 Percent in June

Amid worldwide recession, the world’s currencies have retreated and the dollar is once again a safe haven — a point that hasn’t escaped foreign buyers of South Florida real estate. While the dollar’s rise has weakened the euro and the Brazilian real, it’s also underscored the value of hard assets on U.S. shores.

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Hitting bottom? Palm Beach County housing market, national economy show signs of life.

In another sign that the deepest economic downturn in decades is drawing to a close, Palm Beach County home prices rose modestly in April.

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First-quarter national home prices fall back to 2002 levels

NEW YORK — National home prices are at levels not seen since the 2002 Winter Olympics, but a closer look at a housing index released Tuesday shows real estate is indeed local with some prices in certain cities falling to pre-2000 values.

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George V. Weston III

I am George Weston, the broker and principal of Palm Beach International Real Estate, LLC. I am a full time resident of Palm Beach and I have been in and around the Palm Beaches and Treasure Coast for over 32 years.

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