Market Reports
Buyer’s market! There is no better time to be looking for real estate in the Jupiter area. That being said it is imperative that you are working with a real estate professional that will carefully evaluate your needs and match them to the perfect home. The number of properties for sale has continued to increase over the past several months and we still see a large majority of these priced above current market prices. You must be working with someone who will do all of the research necessary to ensure the home you buy not only meets your families needs but that it will also be a wise investment.
Locally, Jupiter is fortunate to be the new home of The Scripps Research Institute whose new research campus in Abacoa is well ahead of schedule and will open in late 2008. Hundreds of high paying jobs for scientists, technicians and staff will be filled and these will bode well for future price increases. All the elements of a healthy real estate market are already set in place; an increasing job market, an influx of domestic and international immigration coupled with high fertility rates, historically low interest rates, and a lack of undeveloped land - that make a longer picture robust real estate market inevitable.