Palm Beach County home prices in April rocketed to levels not seen since before the economic crash of 2008.
Propelled by investors buying quickly and with cash, the $265,000 median sales price for a single-family home last month was 26 percent higher than the same period in 2012 and up 6 percent from March, according to a report released Wednesday by the Realtors Association of the Palm Beaches.
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Kimberly Miller is The Post’s expert on real estate and the housing crisis. On Sunday she wrote about how taxpayer dollars are being used to pay bank foreclosure costs through the $1 billion Hardest Hit program.
For Kim’s latest local updates: blogs.palmbeachpost.com/realtime