West Palm Beach Real Estate Market Report

The West Palm Beach Real Estate Market Report provides you with an in depth look at the current market in West Palm Beach and can give you great insight if you’re looking to secure a hard or private money loan. All data and statistics in the market report are updated monthly and are obtained from Local Market Monitor. We are providing this great tool for FREE to anyone in the Real Estate industry to assist you with determining where the best market in West Palm Beach is to purchase your next fix to flip or rental property. In the market report you can find the average home price in West Palm Beach and compare the population of the MSA areas within the state. Along with the average home price, you can also view the Single-Family Housing Permits statistics and the Multi-Family Housing Permit statistics.

A really great statistic that can be of value to you in determining where your next rental property purchase will be is the Current Monthly Rent amount, along with the Rent-Home price ratio and the Rent Forecast. These are three very valuable statistics that will allow you to be more knowledgeable about the West Palm Beach real estate market and allow you to be the most successful in building your investment portfolio.

Also available to you in the market report, is the percent of population growth, as well as the percent of the 12-month change. Another great data point that you can find on the market report is the unemployment rate along with the percent job growth within West Palm Beach.

BridgeWell Capital: West Palm Beach’s Hard Money Lender

 According to Zillow, the median home value in West Palm Beach is $257,652 and home values have gone up 3.8% over the past year and Zillow predicts they will fall -1.6% within the next year. The median list price per square foot in West Palm Beach is $200, which is lower than the Miami-Fort Lauderdale-West Palm Beach Metro average of $230. The median price of homes currently listed in West Palm Beach is $289,000 while the median price of homes that sold is $233,000. The median rent price in West Palm Beach is $1,650, which is lower than the Miami-Fort Lauderdale-West Palm Beach Metro median of $2,000.

BridgeWell Capital is recognized as the #1 hard money lender in Florida. Hard money, also referred to as private money, is often used by real estate investors to quickly and easily fund their investment. Hard money is a convenient and reliable resource for investors because it provides immediate access to investment capital without the rigorous and painful approval process of conventional loans.

Our hard money lending programs are designed to satisfy the needs of Real Estate Investors in their buy-fix-sell projects, investment property refinances, rental home projects and rehab credit lines. Our private money lending program in West Palm Beach features a 5-minute pre-approval for Real Estate Investors; regardless of their credit score and whether they are self-employed. Real Estate Investors in West Palm Beach can now easily get the private money funding they need in 10 days or less.

One of the main benefits of our private money loan program is that it is the fastest and most hassle-free way to obtain investment capital. A common problem for many Real Estate Investors in West Palm Beach is that they lack the private money they need to take advantage of the deals when they become available. It is no secret that there are great bargains in West Palm Beach’s Real Estate market. However, it takes immediate access to hard money to take advantage of these deals. BridgeWell is ready today to provide you with the direct access to the hard money you need to achieve success with your Real Estate investing goals. There is no better place than West Palm Beach and no better time than today to start investing!

How is BridgeWell Capital Unique from Other Hard Money Lenders in Florida?

 Consistent, Responsive and Reliable Service: At BridgeWell Capital we pride ourselves on providing unparalleled customer service. We walk you through the entire process, so you know exactly what to expect. If you have questions, your personal account executive is always available and ready to assist you. In fact, a strong percentage of our business comes from repeat customers. Simply put, once you’ve done business with BridgeWell Capital, you won’t go anywhere else for your real estate investment hard money loans.

• Experience: With over 30 years of real estate investment experience, our management team sets industry standards, having successfully funded over USD$200MM in hard money loans for real estate investors.
• Support & Coaching: We strive to be more than just a source of private money for real estate investments. Our hard money loans are structured around win-win business relationships with our borrowers. We want you to be successful in your investments, so we provide you with all the support and real estate industry best practices you need to make smart, confident investment decisions. From rehab to rental, BridgeWell’s got Florida covered.
• Licensed Mortgage Lender: Unlike other hard money lenders in West Palm Beach, FL, BridgeWell Capital is a fully licensed and insured mortgage lender that’s A+ rated by the Better Business Bureau.
• Wide Service Area: We provide hard money loans throughout the state of Florida.

Investing in Florida’s Real Estate Market

 It is no secret Florida’s real estate market offers great investment opportunities. A recent housing report released by the state trade association, Florida REALTORS®, shows single-family home sales increased in the West Palm Beach-Kissimmee-Sanford MSA by 28.3% year-on-year for the month of July. Median sale prices on homes also increased 5.3% during that same time frame. According to a recent article in the West Palm Beach Sentinel, taxable property values across Central Florida are expected to increase for a third straight year as new construction and a strong economy have pushed existing home prices up.

Keeping up with the market and staying up to date on current trends can lead to, not only smarter investment decisions, but ultimately, a more successful portfolio of investment properties. At BridgeWell Capital, we approve our hard money loans based on your ability to succeed, and the local market trends and indicators are some of the factors we encourage our borrowers to use to make smart investment decisions.

For example, buying a residential property where home sales are rising and days on market are decreasing, or where school ratings are high, and crime rates are low, should translate into an easier, more lucrative, real estate investment project. For current trends in Central Florida’s real estate investment market, visit Zillow.com or Trulia.com.

Real Estate Investor Clubs in Florida

 We always encourage getting involved in the local/regional real estate investment community. Whether you do or not won’t have any effect on your ability to secure hard money loans from BridgeWell Capital, but there’s probably no better place to network, learn, do business and collaborate with other real estate professionals than at Real Estate Investment Associations (REIAs). The REIAs serving the Florida MSA and surrounding areas are:

• • • Greater Orlando Real Estate Investors Association: Monthly meetings are held on the 4th Thursday of every month, unless otherwise noted, at the Hilton Altamonte Springs. Meetings are free for members. There is a $20.00 attendance fee for guests.
    • Central Florida Realty Investors: The CFRI holds their monthly general meeting on the first Wednesday of every month, unless otherwise noted, at Edgewater High School’s Performing Arts Center. General meeting is free for members. There is a $20.00 attendance fee for guests.

REIAs are a great place for real estate investors to grow their business and we highly encourage getting involved. Find the REIA that best fits your needs. A well built out knowledge base and support group can only help when it comes to making your next real estate investment project a success. BridgeWell Capital is West Palm Beach’s #1 hard money lender for real estate investment in Florida. Whether it’s rehab loans or investment for rental properties, BridgeWell Capital is the most trusted name in private money lending. If you need help financing your next commercial or residential real estate project contact us today!

BridgeWell Capital’s Links to Success

 BridgeWell Capital wants you to be a success in real estate investing, and that takes knowledge, but the key to knowledge is knowing where to find it. Here are some links to help you get find the answers you seek

• • • Orlando Regional Chamber of Commerce
    • African American Chamber of Commerce
    • Brazilian American Chamber of Commerce
    • British American Chamber of Commerce
    • Central Florida Disability Chamber of Commerce
    • Daytona Chamber of Commerce
    • Deland Chamber of Commerce
    • Dr. Phillips Chamber of Commerce
    • East Orlando Chamber of Commerce
    • Hispanic Chamber of Commerce Metro Orlando
    • Indian American Chamber of Commerce
    • Kissimmee/Osceola County Chamber of Commerce
    • LGBT Chamber of Commerce
    • Maitland Chamber of Commerce
    • Melbourne Regional Chamber of Commerce
    • Orlo Vista Chamber of Commerce
    • Oviedo-Winter Springs Chamber of Commerce
    • Puerto Rican Chamber of Commerce
    • Seminole County Regional Chamber of Commerce
    • Titusville Chamber of Commerce
    • West Orange Chamber of Commerce
    • Winter Haven Chamber of Commerce
    • Winter Park Chamber of Commerce
    • Orlando Regional REALTORS® Association
    • Florida REALTORS®
    • Apartment Association of Greater West Palm Beach
    • North Central Florida Apartment Association
    • Florida Apartment Association

At BridgeWell Capital we’re committed to your success, and we are ready to become an integral part of your real estate investment team. For more information about our hard money loans in Florida call us at 561-328-5000, or fill out our request funding form online and we will contact you within one (1) business day.